| Max Tani / Semafor: |
Twitter threatens to sue Meta over Threads, saying Meta “engaged in systematic, willful, and unlawful misappropriation of Twitter's trade secrets” and other IP — Twitter is threatening legal action against Meta over its new text-based “Twitter killer” platform … | Manish Singh / TechCrunch: |
Meta's Supplemental Privacy Policy for Threads says that “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 … | 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, 8AM PT: Zuckerberg noted that Threads crossed the milestone of 30 million sign-ups the morning after its launch.| Eugen Rochko / Mastodon Blog: |
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| Jonathan Vanian / CNBC: |
| Casey Newton / Platformer: |
| 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.| Nathan Crooks / The Block: |
Report: Binance GC Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie are leaving Binance over CZ's response to the DOJ's probe — - Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources.| New York Times: |
Sources: the FBI searched Kraken co-founder Jesse Powell's home in March 2023, as part of US prosecutors' probe into claims he hacked a nonprofit he founded — Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.| Kyle Wiggers / TechCrunch: |
OpenAI releases its GPT-4 API in general availability, giving all paying developers access and planning to give new developers access by the end of July 2023 — OpenAI today announced the general availability of GPT-4, its latest text-generating model, through its paid API.| Tim Bradshaw / Financial Times: |
A look at London-based VC firm Balderton's well-being program that helps startup founders manage nutrition, sleep, and mental health to mitigate burnout risk — VC firm Balderton will launch wellness packages as stress takes toll on entrepreneurs — When Etsy paid $1.6bn to buy Depop in 2021 … | 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 … | Kara Carlson / Austin American-Statesman: |
Volkswagen plans to start its first US tests of autonomous driving in Austin, beginning with a small fleet of ID. Buzz EVs equipped with VW and Mobileye tech — Even more driverless vehicles will be tooling around Austin, as Volkswagen joins the ranks of companies that have tested their autonomous vehicle technology in Austin.| 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.| Foo Yun Chee / Reuters: |
The European Commission opens a full-scale investigation into Amazon's $1.7B iRobot acquisition, setting a November 15, 2023 deadline to clear or block the deal — Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) may reduce competition … | 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 … | Aisha Malik / TechCrunch: |
TikTok launches its subscription-only standalone music streaming service TikTok Music in Indonesia and Brazil, featuring UMG's, WMG's, and Sony Music's catalogs — TikTok has already dominated the short-video and social media market, and is now looking to take on Spotify and Apple Music with its latest offering.| Dell Cameron / Wired: |
A look at a National Defense Authorization Act amendment, which would ban US government agencies from buying citizens' search histories, location data, 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: |
| Olivia Solon / Bloomberg: |
| Lauren Weber / Wall Street Journal: |
| Nitasha Tiku / Washington Post: |
| Sarah Perez / TechCrunch: |