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June 30, 2023, 8:30 PM
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Top News

Jess Weatherbed / The Verge:
Twitter no longer lets users browse tweets, user profiles, and comment threads on the web without logging in, redirecting Twitter URLs to the sign in page  —  If you currently try to access Twitter without logging in to your user account, you may find you're unable to see any of the content …
David Pierce / The Verge:
Ten years after Google killed Google Reader, the team that built the much-beloved RSS app reflects on what went wrong and what could have been  —  Ten years after its untimely death, the team that built the much-beloved feed reader reflects on what went wrong and what could have been.
Hayden Field / CNBC:
Apple becomes the first publicly traded company to close with a $3T market cap; the company first hit a $3T market cap during intraday trading in January 2022  —  - Apple's market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone, according to CNBC's most recent share count.
Ari Levy / CNBC:
Nasdaq gained 32% in H1 2023, its best first half since 1983's 37% rise; Nvidia is up 195%+, Meta is up 130%+, Apple and Amazon are up 50%+, Alphabet is up 34%+
Vicky Ge Huang / Wall Street Journal:
Sources: the US SEC told Nasdaq and Cboe that their spot bitcoin ETF applications on behalf of BlackRock and others aren't sufficiently clear and comprehensive  —  Regulator tells Nasdaq, Cboe that recent filings from BlackRock, Fidelity and others aren't clear and comprehensive
Carly Page / TechCrunch:
TSMC confirms experiencing a data breach after the LockBit ransomware gang listed the company as a victim; LockBit is demanding $70M to not publish stolen data  —  Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has confirmed it's experienced …
Emma Roth / The Verge:
The FTC proposes penalizing companies for shady review practices, including fining companies buying fake reviews up to $50K for each time a customer sees one  —  If you, too, are so very tired of not knowing which reviews to trust on the internet, we may eventually get some peace of mind.
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more  —  American Express in talks to take over Goldman's card deal, other ventures with tech giant
Matt Binder / Mashable:
Some developers paying for Twitter's API, including the $42K/month Enterprise tier, say they are experiencing outages, bugs, and poor or no customer support  —  Everything worked fine until Elon Musk took over.  —  Twitter's new API may now cost tens of thousands of dollars per month …
Allison Schiff / AdExchanger:
Email: ad platform MediaMath, which had raised $600M and was reportedly valued at $1B+ in 2018, plans to file for bankruptcy, after acquisition talks fell apart  —  The house Joe Zawadzki built will be foreclosed.  —  AdExchanger has learned that the demand-side platform …
Javier Espinoza / Financial Times:
Executives from over 150 European companies sign an open letter saying the draft AI Act would jeopardize the EU's competitiveness without addressing challenges  —  Executives from 150 businesses, including Siemens and Heineken, highlight risks of tight regulation
Tom Warren / The Verge:
A summary of the final day and closing arguments in the FTC v. Microsoft hearing; the FTC focused most of its case on Call of Duty and Xbox console exclusivity  —  FTC v. Microsoft is over, but who won? … Judge Jacqueline Scott Corley took the opportunity to reflect, too …
Daryna Antoniuk / The Record:
Hackers claim responsibility for attacking Russian satellite internet service Dozor-Teleport; the IODA project says the network went down at 10pm EST on June 28  —  A group of previously unknown hackers has claimed responsibility for a cyberattack on the Russian satellite communications …
Nitish Pahwa / Slate:
Canada may think Bill C-18 still has more room for negotiation, based on Meta's 2021 deal with Australia, but tech platforms no longer view news as valuable  —  On June 22, the Canadian Parliament passed Bill C-18, also known as the Online News Act.  The new law, according to a government news release …
Reuters:
The UK CMA worries Adobe's $20B Figma acquisition “could stifle innovation and lead to higher costs” and gives Adobe five days for proposals to address concerns  —  Britain's competition regulator on Friday said Photoshop owner Adobe Inc's (ADBE.O) $20 billion buyout …
Sachin Ravikumar / Reuters:
The UK amends its Online Safety Bill, requiring higher age verification standards for porn sites and holding executives personally responsible for child safety  —  Britain said on Friday it had tightened protections in its Online Safety Bill that will prevent children from viewing pornography …
Cagan Koc / Bloomberg:
The Netherlands publishes new controls to restrict the export of more ASML machines to China, starting on September 1; ASML doesn't expect a “material impact”  —  The Netherlands published new export controls that will restrict more of ASML Holding NV's chipmaking machines from being sent to China.

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This is a Techmeme archive page. It shows how the site appeared at 8:30 PM ET, June 30, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Financial Times:
Sources: Standard General hedge fund founder Soo Kim has been in talks with a major WBD shareholder over potentially buying or investing in the WBD TV networks

John Rogers / Associated Press:
Peter Arnett, a Pulitzer Prize-winning correspondent who covered the Vietnam War for the AP and the first Gulf War for CNN, has died at 91

Laura Cress / BBC:
Netflix wins rights to a FIFA soccer simulation game, developed by Delphi Interactive and set for release ahead of the 2026 World Cup, for free to Netflix users

More News

Earlier Picks

Andrew DeMillo / Associated Press:
Trade group NetChoice, whose members include Meta and Twitter, sues Arkansas over a law requiring parental permission for minors to open social media accounts
Sergiu Gatlan / BleepingComputer:
YouTube is running a test globally that limits ad blocker users to three videos, giving them the option to turn off their tool or subscribe to YouTube Premium
Frederic Lardinois / TechCrunch:
Microsoft adds AI-powered shopping tools, including GPT-generated buying guides in the US, to its Bing search engine and the Bing AI chatbot in Edge's sidebar
Jess Weatherbed / The Verge:
Meta publishes a deep dive into how AI recommends Facebook and Instagram content, including 22 “system cards” covering AI use in Feed, Stories, Reels, and more
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