| 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 … | Tim Higgins / Wall Street Journal: |
With the launch of Threads, Mark Zuckerberg appeared to have some of his swagger back as the public face of the platform's rollout, amid chaos at Musk's Twitter — The Facebook co-founder is seizing the moment with a win after years of tumult — Elon Musk has done the once unimaginable … | Garett Sloane / Ad Age: |
| Manish Singh / TechCrunch: |
| 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 … | 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 … | 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 … | Reuters: |
Filing: Google says Indian antitrust body CCI's ruling on Android market abuse is wrongly backed by Amazon's arguments that Google hindered Fire OS development — - Google has challenged India decision on Android market abuse — India antitrust body wrongly backed Amazon arguments-Google| Khari Johnson / Wired: |
A look at assistive apps like Be My Eyes and Ask Envision, which integrate GPT-4 to give visually impaired users more visual details about the world around them — Assistive technology services are integrating OpenAI's GPT-4, using artificial intelligence to help describe objects and people.| Associated Press: |
A judge orders NYC to temporarily delay new minimum pay standards for gig workers pending a July 31 hearing, after Uber, DoorDash, and Grubhub sued the city — A judge Friday ordered New York City to temporarily delay new minimum pay standards for app-based food delivery workers … | New York Times: |
| 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.| Lulu Yilun Chen / Bloomberg: |
Ant Group is proposing a buyback of up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO — Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit … | 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.) …
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| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Sarah Perez / TechCrunch: |
| Manish Singh / TechCrunch: |
| Frederick Munawa / CoinDesk: |
| Nathan Crooks / The Block: |
| Kyle Wiggers / TechCrunch: |