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July 12, 2023, 1:10 PM
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| Reuters: |
The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation — Britain's competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation.
More: The Verge, Activision Blizzard King, PCMag, Bloomberg, Thurrott, Eurogamer.net, Kotaku, Reuters, Financial Times, Bloomberg, Neowin, TrueAchievements, CNBC, Push Square, GamingBolt, KitGuru, Coinspeaker, Gamereactor UK, UKTN, Video Games Chronicle, OnMSFT.com, Agence France-Presse, Game Rant, Los Angeles Times, and The Verge
Twitter: @tomwarren, @ps_vortex, @fosspatents, @idlesloth84_, and @charlieintel
| 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.
More: American Prospect, Wall Street Journal, Wall Street Journal, Financial Times, House Committee …, Stratechery, The Information, CNBC, Bloomberg, and Bloomberg
Bluesky: @epopppp.bsky.social. Twitter: @modestproposal1, @danielewalters_, @blakeprof, @chasemadar, @divestech, @pmatzko, @elibietti, @ddayen, @zackkanter, @lawprofblawg, @andashleysays, @adamkovac, @andashleysays, @jason_kint, @jameeljaffer, @adamkovac, @helaineolen, @eric_seufert, @nathanjrobinson, @sarthakgh, @castrotech, @bearforce_won, @matthewstoller, @matthewstoller, @david_darmofal, @danprimack, and @mualphaxi
| Mike Scarcella / Reuters: |
More: CNBC, Bloomberg Law, Dot Esports, Eurogamer.net, Engadget, Wall Street Journal, ExchangeWire.com, Gameranx, TheGamer, Politico, IGN, Video Games Chronicle, GamingBolt, Barron's Online, New York Times, HotHardware, TechSpot, Associated Press, PC Games Insider, ExtremeTech, The Register, Seeking Alpha, Seattle Business Journal, OnMSFT.com, Investor's Business Daily, Android Authority, Newser, Fortune, Bloomberg, and Kotaku
| 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
More: Microsoft Security …, Microsoft On the Issues, Washington Post, BleepingComputer, CyberScoop, NBC News, CNN, Dexerto, Gizmodo, The Record, Security Affairs, The Verge, TechCrunch, NPR, CNBC, OnMSFT.com, Business Post, Wall Street Journal, Metacurity, Livemint, Reuters, Nextgov/FCW, Forbes, The Hill, The Independent, NBC 7 San Diego, Neowin, SecurityWeek, Silicon Republic, PCMag, The Hacker News, Bloomberg, and TechRadar
| Colin Lecher / The Markup: |
A Democratic report finds popular tax filing tools inappropriately and “recklessly” transmitted data to Meta and Google for years; tax data is tightly regulated — The investigation was opened in response to work published last year by The Markup
More: CNN, US States Senator for Massachusetts, The Verge, The Hill, Washington Post, Associated Press, Politico, and CNBC
Bluesky: @faineg.bsky.social and @hypervisible.bsky.social
Twitter: @b_fung, @b_fung, @senwarren, @justinhendrix, @emilygorcenski, @shaneferro, @sisiwei, @b_fung, @mattegancnn, and @pt. Forums: Hacker News
| Richard MacManus / The New Stack: |
A look at Meta's plan to adopt ActivityPub for Threads, what makes ActivityPub attractive, and the technical challenges and social pressure Meta will face — From a developer point of view, the fact that Meta's Threads app has quickly gone over 100 million sign-ups isn't the most interesting part of this latest Twitter clone.
More: lists.w3.org, Dexerto, Canadian Press, snarfed.org, Bloomberg, and Coyote Cartography
| 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:
More: The Daily Beast, New York Times, Fast Company, gHacks Technology News, Social Media Today, Tech.co, USA Today, Newcomer, and The Guardian
Bluesky: @bencollins.bsky.social. Mastodon: @carnage4life@mas.to. Twitter: @lindayacc, @sarthakgh, and @conorsen
Threads: @nikitabier, @carnage4life, @carnage4life, @nikitabier, @shorty_jooce, and @nikitabier
Forums: Hacker News and r/EnoughMuskSpam
| Mike Isaac / New York Times: |
More: USA Today, Search Engine Land, Insider, Bloomberg, Decrypt, MarTech, The Ringer, Techlusive, Analytics Insight, Livemint, gHacks Technology News, Times of India, and UPROXX
Bluesky: @anildash.com. Mastodon: @carnage4life@mas.to. Twitter: @harrymccracken, @kombiz, @eastouest, @mikeisaac, and @mikeisaac
| 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
Bluesky: @sesmith.bsky.social and @anabrandusescu.bsky.social. Mastodon: @waxy@xoxo.zone
Twitter: @miarsato, @siddiquizuha, @joyclee, and @violazhouyi
| Tom Giles / Bloomberg: |
Elon Musk forms xAI, a startup he will lead to “understand the true nature of the universe”; the staff has worked at Google, Microsoft, Tesla, OpenAI, and more — Elon Musk, who has hinted for months that he wants to build an alternative to the popular ChatGPT artificial intelligence chatbot … | Shira Ovide / Washington Post: |
Travelers can say no to a TSA facial recognition scan, but some TSA agents tell travelers the scan is required or that refusing will cause a significant delay — Let's ask two questions about airports' use of facial recognition: Is it truly voluntary? And is it worth it?
Twitter: @evan_greer, @pettypropolis, @ajlamesa, and @greta
| 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 …
More: The Register, SUSE Communities, ZDNet, ZDNet, 9to5Linux, It's FOSS News, Hackaday, and HPCwire
Twitter: @mreferre, @nixcraft, @nixcraft, @peterzaitsev, @geerlingguy, @totev, and @jas_np
Forums: Hacker News, r/linux, r/linuxadmin, and Slashdot
| Jack Schickler / CoinDesk: |
The European Securities and Markets Authority issues detailed proposals on crypto companies under the EU's MiCA law; more are expected in October and early 2024 — Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation| 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
More: Tom's Hardware, Wccftech, Phandroid, Coinmonks, PhoneArena, Neowin, Gizchina, SamMobile, Huawei Central, and GSMArena.com
| 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 … | 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.| Chainalysis: |
A mid-2023 crypto crime update: inflows to illicit entities drop 65% YoY, scammers net ~$3.3B less than H1 2022, and ransomware took $175.8M more than H1 2022 — 2023 so far has been a year of recovery for cryptocurrency after a chaotic 2022, with prices of digital assets like Bitcoin up over 80% on the year as of June 30.
More: BleepingComputer, CoinDesk, Reuters, Cointelegraph, Crypto Briefing, Infosecurity, Wired UK, The Hacker News, and CryptoPotato
Twitter: @chainalysis and @chainalysis
| Christine Hall / TechCrunch: |
Buenos Aires-based InvGate, which offers IT service and asset management tools, raised $35M led by Riverwood, its first external funding since its 2009 founding — InvGate, a SaaS platform offering information technology service management and IT asset management products …
More: FinSMEs and Silicon Canals
| Reuters: |
Recursion, which uses AI models for drug discovery, raised $50M from Nvidia and plans to train its models on Nvidia's platform using its own 23,000TB+ datasets — Nvidia (NVDA.O) invested $50 million to speed up training of biotech firm Recursion's (RXRX.O) artificial intelligence models for drug discovery … | Frederic Lardinois / TechCrunch: |
Adobe announces Firefly has generated 1B+ assets on the web and in Photoshop and rolls out the web service globally with support for prompts in 100 languages — Adobe today announced that its Firefly web service is now available globally with support for text prompts in 100 languages … | Foo Yun Chee / Reuters: |
The EU approves Broadcom's $61B VMware acquisition, provided Broadcom adheres to its access and interoperability commitments; UK and US approvals are pending — U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware … | Cam Thompson / CoinDesk: |
Sound, which helps artists mint their songs as NFTs, raised a $20M Series A led by a16z, with Snoop Dogg and others participating, and launches out of beta — The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans.| Financial Times: |
Sources: SoftBank-owned Arm is in talks to add Nvidia as an anchor investor while the startup presses ahead with plans for a NYC IPO as soon as September 2023 — World's most valuable semiconductor group discusses acquiring stake in SoftBank-owned chip designer ahead of New York listing
More: Tom's Hardware, The Register, Bloomberg, Wccftech, Coinspeaker, TechPowerUp, Reuters, and UKTN. Twitter: @financialtimes
| Matt Levine / Bloomberg: |
A breakdown of Elon Musk's misguided complaint against law firm Wachtell, which Twitter paid $90M for forcing Musk to close his $44B acquisition of the company — Oh Elon — Disclosure! A long time ago I used to work as a very junior mergers-and-acquisitions lawyer at Wachtell, Lipton, Rosen & Katz.| Brody Ford / Bloomberg: |
Salesforce plans its first price hike in seven years, up 9% on average for Sales Cloud, Service Cloud, Marketing Cloud, Industries, and Tableau, in August 2023 — Salesforce Inc. is raising prices for the first time in seven years after introducing artificial intelligence features.| Matt Day / Bloomberg: |
Adobe: US consumers spent $6.4B at Amazon during Prime Day's first 24 hours, up 6% YoY but below estimates; Numerator: average orders were up 7% YoY to $56.64 — US consumers spent $6.4 billion online in the first 24 hours of Amazon.com Inc.'s Prime Day, according to Adobe Inc. That's up 6% …
More: TechCrunch and Reuters
| Heather Haddon / Wall Street Journal: |
Domino's Pizza partners with Uber Eats in the US, the UK, Canada, and 25 other markets, reversing its long-held stance against working with food delivery apps — Pizza chain hopes to generate $1 billion in sales after losing business to apps — Domino's Pizza, hungry to claw back pizza sales …
More: Financial Times, PYMNTS.com, TechCrunch, Domino's Pizza, Inc., Reuters, The Verge, and SlashGear
Twitter: @modestproposal1 and @dkhos
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