| Jonathan Vanian / CNBC: |
Meta launches Instagram's Threads, available on the App Store and Google Play in 100+ countries; users log in via Instagram and can follow the same accounts — - Threads is a text-based messaging app that looks very similar to Twitter. — People will be able to use their Instagram usernames … | Casey Newton / Platformer: |
Hands-on with Threads: fairly basic text-based messaging app, log in via Instagram, no hashtags, can't search for anything other than user handles, and more — Programming note: I really was trying to take a vacation, but this felt like it was worth the one-day interruption.| Manish Singh / TechCrunch: |
Meta's Supplemental Privacy Policy for Threads says “your Threads profile can only be deleted by deleting your Instagram account”, surprising some users — Threads, Meta's Twitter rival, is drawing users at an astounding pace, amassing 10 million signups in just seven hours … | Alex Heath / The Verge: |
Q&A with Adam Mosseri on how Threads began, why the service is a “risky endeavor”, creating a standalone app off of Instagram, ActivityPub, Elon Musk, and more — The ‘volatility’ of Twitter under Elon Musk has given Instagram an opening to compete.| Taylor Hatmaker / TechCrunch: |
Mark Zuckerberg says Threads passed 10M signups within seven hours of launch, up from 5M within four hours and 2M in two hours — Update July 6, 11:45 AM IST: Zuckerberg noted that Threads crossed the milestone of 10 million signups within seven hours of launch.| Eugen Rochko / Mastodon Blog: |
Mastodon CEO says the launch of Instagram's Threads, which intends to adopt ActivityPub, “is a clear victory for our cause, hopefully one of many to come” — Today, Meta is launching its new microblogging platform called Threads. What is noteworthy about this launch … | Tim Bradshaw / Financial Times: |
| Bloomberg: |
Sources: CFTC investigators concluded that bankrupt crypto lender Celsius Network misled investors and that its former CEO Alex Mashinsky also broke US rules — Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network … | Kyle Wiggers / TechCrunch: |
OpenAI forms Superalignment, a team for developing ways to steer and control “superintelligent” AI systems, with access to 20% of its compute secured to date — OpenAI is forming a new team led by Ilya Sutskever, its chief scientist and one of the company's co-founders … | Sarah Perez / TechCrunch: |
Bluesky raised an $8M seed led by Neo and partners with Namecheap to offer easy custom domain purchasing and management, Bluesky's first paid service — Hours before Meta launches its anticipated Instagram competitor, Threads, another Twitter rival — Bluesky — is announcing additional funding and its first paid service.| Washington Post: |
Source: the US State Department cancels meetings with Meta about the 2024 election, one day after a judge limited Biden officials' contact with tech companies — A Louisiana federal court's order limiting the Biden administration's communications with tech firms already is disrupting efforts to fight misinformation.| Allison Johnson / The Verge: |
Samsung announces its next Galaxy Unpacked event for July 26 in Seoul at 7am ET, where the Galaxy Z Fold 5, Z Flip 5, Watch 6, and new tablets are expected — Samsung has announced it's hosting its next Unpacked on July 26th at 7AM ET — bright and early for the east coast … | Emily M. Bender: |
Framing AI debates as a schism between people worried about AI going rogue and those illuminating actual harms is ahistorical and obscures important research — In two recent conversations with very thoughtful journalists, I was asked about the apparent ‘schism’ between those making a lot … | New York Times: |
How Tom Brady's crypto ambitions, including a bet on FTX, collided with reality, an example of the humiliating reckoning facing celebrities who embraced crypto — The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash. Others, like Taylor Swift, escaped.| Lauren Weber / Wall Street Journal: |
NYC's law on AI use in hiring takes effect, requiring software audits, disclosure of impact on a race or gender, and fines of up to $1.5K per violation per day — A closely watched effort to root out potential bias in hiring and promotion software goes into effect Wednesday| Todd Spangler / Variety: |
Spotify no longer lets subscribers still paying via the App Store use IAP as a payment method; new subscribers were barred from using Apple's IAP in May 2016 — Spotify hasn't let new Premium subscribers pay for service using in-app purchases via Apple's App Store since May 2016 … | Sarah McBride / Bloomberg: |
PitchBook: US VCs invested $39.8B in Q2 2023, down ~50% YoY, across 3,011 startup deals, down ~33% YoY, with the number of angel or seed deals falling ~50% YoY — Venture capitalists are funding fewer startups, especially at the earliest stages of a company's life, according to new data from research firm PitchBook.| Katrina Manson / Bloomberg: |
The US military is running an eight-week exercise of five LLMs trained on classified info to test AI-enabled data for decision-making, sensors, and firepower — Matthew Strohmeyer is sounding a little giddy. The US Air Force colonel has been running data-based exercises inside the US Defense Department for years.| Antoine Gara / Financial Times: |
US fintech group FIS agrees to sell a majority stake in its merchant payments arm Worldpay to private equity firm GTCR for up to $18.5B, including $11.7B cash — Sale to GTCR will be one of the biggest corporate carve-outs in history — US financial technology group Fidelity National Information Services … | Fortune: |
Twitter subsidiary Twitter Payments secured its first US money transmitter licenses over the last week from Michigan, Missouri, and New Hampshire — Elon Musk, billionaire and owner of Twitter — Since Elon Musk took over Twitter in late October, the company has been quietly working … | Olivia Solon / Bloomberg: |
Mastercard says nine UK banks, including Lloyds and NatWest, signed up to use its AI-based Consumer Fraud Risk system, trained on years of transaction data — Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers are trying to send money to fraudsters.
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| Nitasha Tiku / Washington Post: |
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| Jess Weatherbed / The Verge: |