| Jordan Novet / CNBC: |
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm — - A federal judge in San Francisco ruled in favor of Microsoft and Activision Blizzard, which have been trying to complete their $68.7 billion deal by July 18.| Bloomberg: |
Source: the FTC is leaning toward appealing the judge's Microsoft-Activision ruling; an appeal could be filed as soon as July 12 — The US Federal Trade Commission is leaning toward appealing a federal judge's ruling against the agency's bid to block Microsoft Corp.'s $69 billion acquisition … | Cecilia Kang / New York Times: |
Critics say FTC Chair Lina Khan's take-it-to-the-courts strategy is flawed, ahead of a House Judiciary Committee hearing to “examine mismanagement of the FTC” — Lina Khan has said a fear of defeat should not deter the agency from suing big tech companies.| Mike Scarcella / Reuters: |
Experts: the FTC faces hurdles to appeal the Activision ruling as the facts work in Microsoft's favor; some question the judge's standard on harming competition — The U.S. Federal Trade Commission would face hurdles in any appeal of a court's order on Tuesday that said Microsoft (MSFT.O) … | Tom Warren / The Verge: |
| Mike Isaac / New York Times: |
Threads can avoid Google+'s failure by not simply relying on the scale of Meta's existing products, but by giving users a compelling reason to keep coming back — Mark Zuckerberg has used Meta's might to push Threads to a fast start — but that may only work up to a point.| Ben Thompson / Stratechery: |
Twitter's best defense against Threads may be to refocus on news and reactions from people you follow, leaving growth via algorithmic feeds to Threads — If you're only going to tweet once every 11 years, then you better make it count; the best way to do just that is to pull off a well-executed meme:| Frederic Lardinois / TechCrunch: |
Linux distribution company SUSE plans to create a hard fork of Red Hat Enterprise Linux, investing $10M into the project over the coming years — A storm is brewing in open-source land that could change the Linux distro landscape — Today, SUSE announced that it is creating a hard fork … | Andrew Deck / Rest of World: |
A look at the global freelancer labor force on sites like 99designs, some of whom are early generative AI adopters and are most at risk of being replaced by AI — The global labor force of outsourced and contract workers are early adopters of generative AI — and the most at risk. — R| New York Times: |
Microsoft says Chinese hackers gained access to US government email accounts and had access to some accounts for a month before the breach was detected — The hack, by a Chinese group that the company said was intent on conducting espionage, went undetected for a month. — Reporting from Washington| Mark Hachman / PCWorld: |
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners — Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.| Andy Greenberg / Wired: |
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018 — Roger Thomas Clark, also known as Variety Jones, will spend much of the rest of his life in prison for his key role in building the world's first dark web drug market.| Kevin Roose / New York Times: |
Interviews with executives and staff at Anthropic reveal how an obsession with AI safety and ties to effective altruism influence the startup's decisions — Anthropic, a safety-focused A.I. start-up, is trying to compete with ChatGPT while preventing an A.I. apocalypse. It's been a little stressful.| Rachel Metz / Bloomberg: |
| Jennifer Elias / CNBC: |
Emails: Urs Holzle, Google employee no. 8, plans to step back from management after 24 years, becoming an “individual contributor” as Google shakes up Cloud — - Employee No. 8 Urs Holzle will step back from management after 24 years, CNBC has learned.| Wall Street Journal: |
India's IT minister says the Foxconn-Vedanta venture ended due to “internalissues” and “doesn't affect” the chip program; Foxconn plans to seek new partners — Minister says both companies will still pursue chip projects in India — India's minister for technology … | Catherine Thorbecke / CNN: |
A California law firm launches a class-action suit against Google, alleging user data scraping without consent for AI training, after a similar OpenAI suit — Google was hit with a wide-ranging lawsuit on Tuesday alleging the tech giant scraped data from millions of users without their consent … | Matt Levine / Bloomberg: |
A breakdown of Elon Musk's misguided complaint against law firm Wachtell, which received $90M from Twitter for forcing Musk to complete the $44B Twitter deal — Oh Elon — Disclosure! A long time ago I used to work as a very junior mergers-and-acquisitions lawyer at Wachtell, Lipton, Rosen & Katz.| Financial Times: |
Sources: SoftBank-owned Arm is in talks to add Nvidia as an anchor investor while the company presses ahead with plans for a New York IPO as soon as September — World's most valuable semiconductor group discusses acquiring stake in SoftBank-owned chip designer ahead of New York listing| Isabelle Bousquette / Wall Street Journal: |
As AWS, Azure, Google Cloud, and other cloud providers face pressure to meet AI demand, Dell, Qualcomm, and other on-premises hardware providers see an opening — Traditional cloud infrastructure wasn't designed to support large-scale artificial intelligence. Hyperscalers are quickly working to rebuild it.| David Kirton / Reuters: |
Research: Huawei is plotting a return to the US 5G smartphone market by the end of 2023 using its own chip design tools and SMIC's chipmaking process — - US-sanctioned giant likely to produce 5G chips domestically — Chips expected to use Huawei EDA tools and SMIC production| Aisha Malik / TechCrunch: |
Meta now lets users don avatars on Instagram and Messenger video calls and adds ways to share animated avatar stickers on Instagram, Messenger, and Facebook — Meta announced today that users can now use their avatars to answer and make video calls on Instagram and Messenger.| Mark Maurer / Wall Street Journal: |
Accounting firm KPMG plans to invest $2B in AI and cloud services globally over the next five years through an expanded partnership with Microsoft — Expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm says| Katrina Manson / Bloomberg: |
At a classified briefing on July 11 with senators, US national security officials defended their deployment of AI; Chuck Schumer has arranged three AI briefings — Senior US national security officials are scheduled to defend their use and development of artificial intelligence on Tuesday …
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Brody Ford / Bloomberg: |
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| Nikhilesh De / CoinDesk: |
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