| Mark Matousek / The Information: |
Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs were “automated or from bots” — Last year, the CEO of messaging app IRL repeatedly said it had 20 million monthly active users, who chatted about shared interests and planned real-world events together.| Alex Heath / The Verge: |
Sources: Meta is planning to release its Twitter competitor in mid-July and is pitching big-name celebrities to join a platform that will be “sanely” run — Mark Zuckerberg is the overwhelming favorite to beat Elon Musk in a cage match. Will it actually happen?| Rani Molla / Vox: |
Research: 81% of tech companies with under 5K employees allow remote work or have only remote options, while just 26% with 25K+ employees are fully flexible — How small tech companies are using remote work to compete with the big guys. — It used to be that Big Tech companies like Google … | Manish Singh / TechCrunch: |
Andy Jassy says Amazon plans to invest another $15B in India by 2030, mostly for AWS expansion; in May, AWS announced plans to invest $12.7B in the country — Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster … | The Economic Times: |
| Tom Warren / The Verge: |
At the FTC v. Microsoft hearing, Phil Spencer says Microsoft bought ZeniMax for $7.5B to stop Starfield and other Bethesda games becoming PlayStation exclusives — Microsoft's Xbox chief has revealed one of the key reasons behind the acquisition of Bethesda parent company ZeniMax: potential Starfield PlayStation exclusivity.| Miles Kruppa / Wall Street Journal: |
Internal email: Google invited employees to test a product called Playables, which lets users play games like Stack Bounce instantly via the YouTube site or app — The new service, called ‘Playables,’ is part of CEO's push into new areas amid advertising slowdown| Nico Grant / New York Times: |
NetBlocks: at least five Russian telcos block Google News and several other ISPs are reducing access, as Russia's feud with a mercenary leader intensifies — At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.| Wall Street Journal: |
Sources: IBM is close to a deal to acquire cloud-based IT management startup Apptio from Vista Equity Partners for ~$5B; Vista acquired Apptio for ~$2B in 2019 — Purchase of Apptio, owned by private-equity firm Vista Equity Partners, could be finalized over the weekend| Wired: |
How military-grade AI, developed by US defense contractors for intelligence, has been repurposed to combat labor organizing, find internal leakers, and more — Spycraft developed by defense contractors are now being sold to employers to identify labor organizing. Regulators must step up to protect workers' privacy.| Benj Edwards / Ars Technica: |
Midjourney adds a “zoom out” feature that builds out a larger scene around images generated within Midjourney, simulating zooming out with a camera lens — Midjourney v5.2 features camera-like zoom control over framing, more realism. — On Thursday, Midjourney unveiled version 5.2 … | Zack Whittaker / TechCrunch: |
A US federal court sentences UK citizen Joseph James O'Connor to five years in prison for his role in the July 2020 Twitter hack affecting high-profile accounts — Prosecutors called for the British hacker to serve at least seven years — Three years after one of the most visible hacks … | Jillian Deutsch / Bloomberg: |
EU Commissioner Thierry Breton says he and Mark Zuckerberg are “aligned” on the EU's regulation of AI; Sam Altman says he also agrees with the EU's approach — Technology company executives Mark Zuckerberg and Sam Altman expressed support for government oversight of artificial intelligence …
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| Filipe Espósito / 9to5Mac: |
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| Anja Karadeglija / National Post: |