| 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 … | Jonathan Vanian / CNBC: |
| Taylor Hatmaker / TechCrunch: |
| Manish Singh / TechCrunch: |
| 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.| Takashi Mochizuki / Bloomberg: |
Sega co-COO Shuji Utsumi says the company is withholding its biggest games from third-party blockchain gaming projects and is shelving its own blockchain games — Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from an arena devastated … | 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.| Mark Gurman / Bloomberg: |
Sources: Apple plans an appointment-only retail launch of the Vision Pro in the US in early 2024, starting with stores in NYC, LA, and other major cities — Apple Inc. is planning a retail launch of its Vision Pro headset with appointments and in-store promotion in select US markets early next year … | Frederick Munawa / CoinDesk: |
Lightning Labs announces tools that let developers create AI agents that leverage GPT function calls to hold, send, and receive bitcoin via Lightning Network — “We are in the realm of enabling use cases that weren't previously possible,” Lightning Labs CEO Elizabeth Stark told CoinDesk.| New York Times: |
Uber, DoorDash, and Grubhub sue NYC, seeking to block new minimum pay standards that increased the hourly wage for gig workers to ~$18 and $20 by 2025 — Uber, DoorDash and Grubhub argued that the city used poor data to calculate how much food delivery workers should earn and that the change would hurt consumers.| 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.| 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.| 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 … | Reuters: |
Sources: Chinese authorities plan to announce a fine of at least ~$1.1B on Ant Group as soon as July 7, ending the company's years-long regulatory overhaul — - Ant likely to be fined at least 8 billion yuan - sources — Announcement would mark end of fintech giant's regulator-driven overhaul| Michael Shirer / IDC: |
Global public cloud services revenue hit $545.8B in 2022, up 22.9% YoY; SaaS-Applications led with 45%+ of the revenue, then IaaS with 21.2%, and PaaS with 17% — For more information, contact: — mshirer@idc.com — Worldwide revenue for the public cloud services market totaled $545.8 billion in 2022 …
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| Kyle Wiggers / TechCrunch: |
| Bloomberg: |
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