Techmeme
July 7, 2023, 7:30 PM

Top News

Lauren Feiner / CNBC:
Less than two days after launch, Mark Zuckerberg says Threads signups reached 70M, which is “way beyond our expectations”  —  - Meta's new Twitter competitor Threads has exploded in growth in its first full day since its public debut Wednesday night, fueled by Instagram's already massive userbase.
Jay Peters / The Verge:
Jonathan Vanian / CNBC:
More: Wired, New York Times, TechCrunch, The Hill, Associated Press, Forbes, Thurrott, BetaNews, The Guardian, The i Paper, The Drum, CBS News, Gizchina, MediaPost, HotHardware, Wall Street Journal, Washington Post, Guinness World Records, MobileSyrup, Observer, Neowin, NBC News, Pocket-lint, Coinmonks, O'Grady's PowerPage, Dexerto, Memeburn, Vox, The Hollywood Reporter, NBC Bay Area, Cryptopolitan, ICYMI, Tom's Guide, TweakTown, Silicon Valley Business …, Los Angeles Times, Engadget, PC Gamer, CryptoSlate, VICE, Tech.co, TechRadar, WRAL TechWire, Digit, International Business Times, Coinspeaker, Mashable, Silicon Republic, PCMag, The Korea Herald, Financial Times, Bloomberg, GSMArena.com, Tech Xplore, Business Post, Disconnect, Laptop Mag, SlashGear, BBC, PhoneArena, Barron's Online, Reuters, Variety, TIME, Livemint, Digital Trends, The Guardian, Chennai Print, Fortune, New York Times, The Verge, Supercharged, and 9to5Mac
Manish Singh / TechCrunch:
Mark Gurman / Bloomberg:
Sources: Apple plans an appointment-only retail launch of its $3,500 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 …
Sarah Wynn / The Block:
Gemini sues DCG and its founder; Cameron Winklevoss accuses Barry Silbert of being “the architect and mastermind of the DCG and Genesis fraud against creditors”  —  - Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
Shaurya Malwa / CoinDesk:
Crypto bridging protocol Multichain confirms an exploit impacted $130M in user-supplied tokens and recommends “all users suspend the use of Multichain services”  —  “It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain," developers said early Friday.
Jonathan Stempel / Reuters:
X Corp. sues Wachtell to recover most of the $90M fee the law firm received from Twitter for defeating Elon Musk's bid to walk away from his $44B Twitter buyout  —  Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter …
Manish Singh / TechCrunch:
Apple removes several predatory lending apps from its App Store in India; some of the apps made the finance list's top 20, despite hundreds of negative reviews  —  Apple removed several predatory lending apps from the App Store in India this week, days after users and media questioned the legitimacy of those services.
New York Times:
Uber, DoorDash, and Grubhub sue NYC, seeking to block the city's new minimum pay standard that increases 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.
Takashi Mochizuki / Bloomberg:
Sega co-COO Shuji Utsumi says the company plans to shelve its own blockchain games and skip blockchain projects for its biggest franchises to avoid devaluation  —  Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from an arena devastated …
Bloomberg:
The People's Bank of China fines Ant Group ~$984M for violating laws in consumer protection, anti-money laundering, and more, ending over two years of probes  —  China imposed more than $1 billion in fines on tech giants Ant Group Co. and Tencent Holdings Ltd., signalling an end to a crackdown …

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More News

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Earlier Picks

Frederick Munawa / CoinDesk:
Nathan Crooks / The Block:
Kyle Wiggers / TechCrunch: