| 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 … | 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.| Taylor Hatmaker / TechCrunch: |
Mark Zuckerberg says Threads now has over 30M signups, up from 10M within seven hours of launch, 5M in 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.| 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 … | Eugen Rochko / Mastodon Blog: |
Mastodon's CEO says Meta launching 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 … | Max Tani / Semafor: |
Twitter threatens to sue Meta over Threads, alleging Meta has “engaged in systematic, willful, and unlawful misappropriation of Twitter's trade secrets” — Twitter is threatening legal action against Meta over its new text-based “Twitter killer” platform, accusing the social media giant … | Alex Heath / The Verge: |
Q&A with Adam Mosseri on how Threads started, why a new app 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.| Tim Bradshaw / Financial Times: |
| New York Times: |
How Tom Brady's crypto ambitions, like being an FTX “ambassador”, collided with reality, part of the humiliating reckoning facing crypto embracing celebrities — The superstar quarterback is among the celebrities dealing with the fallout from the crypto crash. Others, like Taylor Swift, escaped.| Emily M. Bender: |
Framing AI debates as a schism between people worried about rogue AI and those illuminating harms is ahistorical and obscures research, journalism, and activism — In two recent conversations with very thoughtful journalists, I was asked about the apparent ‘schism’ between those making a lot … | Nitasha Tiku / Washington Post: |
| Kyle Wiggers / TechCrunch: |
DigitalOcean plans to acquire NYC-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others — DigitalOcean, the cloud hosting business, today announced that it's agreed to acquire Paperspace, a New York-based cloud computing … | 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 … | Wayne Ma / The Information: |
Sources: Google delays releasing its first fully custom Pixel chip by at least a year; instead of codename Redondo's 2024 debut, codename Laguna is set for 2025 — Google has big ambitions to develop its own chips for its Pixel phones. So far, however, things haven't gone according to plan.| Sarah Perez / TechCrunch: |
Bluesky raised an $8M seed led by Neo and partners with Namecheap to let its users directly purchase and manage custom domains, 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.| Tim Bradshaw / Financial Times: |
A look at London-based VC firm Balderton's new wellbeing program for founders, seeking to tackle the stress and burnout inherent to building a tech startup — VC firm Balderton will launch wellness packages as stress takes toll on entrepreneurs — When Etsy paid $1.6bn to buy Depop in 2021 … | Sarah McBride / Bloomberg: |
PitchBook: US VCs invested $39.8B in Q2 2023, down nearly 50% YoY, across 3,011 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.| Olivia Solon / Bloomberg: |
Mastercard says nine big 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.| Dell Cameron / Wired: |
A look at a “must-pass” National Defense Authorization Act amendment, which would forbid US government agencies from buying citizens' search histories and more — An amendment to the National Defense Authorization Act would forbid government entities from buying Americans' search histories, location data, and more.
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| Ben Blanchard / Reuters: |
| Lauren Weber / Wall Street Journal: |
| Todd Spangler / Variety: |
| Allison Johnson / The Verge: |
| Washington Post: |
| Kyle Wiggers / TechCrunch: |