Techmeme
July 8, 2023, 5:30 PM

Top News

Jay Peters / The Verge:
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.
Turner Novak / The Split:
Tim Higgins / Wall Street Journal:
Garett Sloane / Ad Age:
Eugene Wei / Remains of the Day:
How a new TikTok-style algorithm and pay-to-play scheme ruined Twitter's complex but functional community, destroying a beloved social network  —  NOTE: I'd been working on this piece on and off for a few weeks while trying to move to NYC and settle into my new apartment …
Taylor Lorenz / Washington Post:
Twitter's biggest struggle is its arcane follow-based system, contrasted with TikTok's algorithmic feed that can allow users with no followers to reach millions  —  A series of disastrous missteps over the past year has robbed Twitter of its relevance  —  Alex Pearlman, a stand-up comedian …
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 …
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
Scharon Harding / Ars Technica:
BotDefense, a project run by volunteer mods for removing spam bots on r/gaming and other big subreddits, ceases operations over Reddit's “antagonistic actions”  —  Mod-made tool claims to have banned 144,926 spambot accounts.  —  The Reddit community is still reckoning …
Associated Press:
A judge orders NYC to temporarily delay new $17.96/hour minimum pay 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 …
Lulu Yilun Chen / Bloomberg:
Ant Group is proposing to buy back 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 …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
Introducing Campus: The digital home for educational institutions  —  Every educational institution needs a place where students, teachers, and administrators can find one another, communicate …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!

Featured Podcasts

Big Technology Podcast:
Anthropic's IPO Leak, OpenAI's Dots vs. Meta's Muse, Visual Turing Test
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Sources:
OpenAI's Dots lead on the future of ChatGPT
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Great Chat:
What does the tech industry owe San Francisco?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Uncapped with Jack Altman:
David George from a16z
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:30 PM ET, July 8, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Sarah Perez / TechCrunch:
Shaurya Malwa / CoinDesk:
Kyle Wiggers / TechCrunch: