| 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: |
Adam Mosseri says Threads will not “encourage” politics and “hard news” as such content brings scrutiny that isn't worth the “incremental engagement or revenue” — / Adam Mosseri ran Facebook's News Feed in 2016, and now he tells Alex Heath that politics … | Jonathan Vanian / CNBC: |
| 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 … | Steven Pearlstein / Washington Post: |
A look at the US' bipartisan push to pass Big Tech antitrust bills in 2022, derailed by industry lobbying, ads, PR, donations, and congressional dysfunction — CORRECTION — An earlier version of this column incorrectly included a reference to Sen. Michael Bennett (D-Colo.) … | Lorenzo Franceschi-Bicchierai / TechCrunch: |
A researcher says a Bangladeshi government site is leaking millions of citizens' data, including names, phone numbers, email addresses, and national ID numbers — A Bangladeshi government website leaked the personal information of citizens, including full names, phone numbers, email addresses, and national ID numbers.| 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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| Sarah Perez / TechCrunch: |
| Frederick Munawa / CoinDesk: |
| Nathan Crooks / The Block: |
| Kyle Wiggers / TechCrunch: |