Techmeme
July 10, 2023, 3:25 PM

Top News

Ivan Mehta / TechCrunch:
Instagram Threads passes 100M signups in just five days, up from 30M in the first 24 hours and 10M in the first seven hours  —  Instagram's text-based app Threads has achieved the mark of 100 million sign-ups in just five days.  The Twitter rival was launched on June 6 (or June 5 in the Americas), according to a tracker.
Martin Pengelly / The Guardian:
With Twitter traffic “tanking” and Threads ascendant, Elon Musk says Mark Zuckerberg “is a cuck” and proposes “a literal dick-measuring contest”  —  Twitter owner calls Facebook founder a ‘cuck’ as rancour grows over launch of Threads, a competitor to Musk's network
Stephanie Bodoni / Bloomberg:
The EU and the US agree to a new data transfer deal, which is likely to face a legal challenge given EU judges threw out two prior pacts over privacy concerns  —  The European Union and the US sealed a new deal on data transfers after EU judges threw out two previous pacts partly over fears …
Munsif Vengattil / Reuters:
Foxconn pulls out of a $19.5B Indian chip and display joint venture with conglomerate Vedanta, signed in 2022, and is removing the Foxconn name from the entity  —  Taiwan's Foxconn (2317.TW) said on Monday it is pulling out of a joint venture with metals-to-oil conglomerate Vedanta Ltd …
Carl Franzen / VentureBeat:
OpenAI releases Code Interpreter, a ChatGPT plug-in developed in-house, to all Plus subscribers, helping them analyze data, create charts, edit files, and more  —  OpenAI first announced third-party software application plug-ins for its hit service ChatGPT back in March …
Joshua Bote / SFGATE:
Evernote lays off most of its remaining US and Chile staff, and plans to relocate nearly all its operations to Europe; Bending Spoons acquired Evernote in 2023  —  Evernote, the note-taking app once heralded by Engadget as the “king of note-taking apps,” has laid off most of its staff …
Wes Davis / The Verge:
Following similar lawsuits, Sarah Silverman and two other authors sue OpenAI and Meta, claiming LLaMA and ChatGPT were trained on copyright-infringing material  —  Comedian and author Sarah Silverman, as well as authors Christopher Golden and Richard Kadrey — are suing OpenAI and Meta each …
Financial Times:
Sources: Revolut's US system let criminals steal $20M+ over several months in 2022 before Revolut closed the loophole, equivalent to ~66% of its 2021 net profit  —  During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
Cecilia D'Anastasio / Bloomberg:
ESA survey in 2022: Hispanic and Black Americans played video games more than other groups, 72% of US gamers were white, active players fell to 212.6M, and more  —  Hispanic and Black Americans play video games more than other groups, according to an annual industry report …

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