Techmeme
July 14, 2023, 2:15 AM

Top News

Amanda Silberling / TechCrunch:
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets  —  Twitter is now paying creators for a share of the ad revenue earned from ads served in the replies to their posts.
Taylor Lorenz / Washington Post:
The first beneficiaries of Twitter's payout to creators program include far-right influencers like Andrew Tate, who posted that Twitter paid him over $20K  —  The platform is paying high profile creators, including Andrew Tate, thousands of dollars for posting to the app
More: ReutersMastodon: @RevXenoFact@dobbs.townTwitter: @taylorlorenz, @lrozen, and @atruparThreads: @kbode
Tom Hals / Reuters:
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+  —  U.S. District Judge Analisa Torres said Ripple Labs Inc's institutional sales of its XRP digital token violated federal law …
Aoyon Ashraf / CoinDesk:
After the court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges, while Gemini is exploring the listing of the token  —  U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.
Andrew Webster / The Verge:
SAG-AFTRA: AMPTP's AI proposal lets studios scan a background actor to create a digital likeness, for a day's pay, for perpetual use without consent or pay  —  During today's press conference in which Hollywood actors confirmed that they were going on strike, Duncan Crabtree-Ireland …
Jay Peters / The Verge:
Reddit plans to sunset its current coins and awards systems used to show post appreciation by September 12, 2023; no new coins can be purchased starting today  —  Reddit is sunsetting its current coins and awards systems, meaning you soon won't be able to thank a kind stranger for giving you Reddit Gold for one of your posts.
More: NyxelestiaBluesky: @dannyomo.bsky.socialMastodon: @carnage4life@mas.toTwitter: @quinnypigThreads: @carnage4lifeForums: r/reddit, r/technology, and Beehaw
Jordan Novet / CNBC:
Microsoft names Aptos as the next default font for its Microsoft 365 productivity apps, replacing Calibri; Aptos was available for two years as Bierstadt  —  - After considering user feedback on five options, Microsoft has picked the next default font for its productivity apps like Word and Outlook.
Bloomberg:
The US arrests and charges former Celsius CEO Alex Mashinsky with six counts; the SEC, CFTC, and FTC sue Mashinsky and Celsius; Mashinsky pleads not guilty  —  - Three regulatory agencies also sued Mashinsky in New York  — Mashinsky pleads not guilty to all charges at hearing
Bloomberg:
Adobe: US shoppers spent $12.7B on Amazon's 48-hour Prime Day, up 6.1% YoY but below estimates of 9.5% growth; an increasing customer share used BNPL services  —  US shoppers spent $12.7 billion online during Amazon.com Inc.'s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.
Bloomberg Law:
A US district judge denies the FTC's motion to stay Microsoft's Activision Blizzard acquisition; the FTC is still seeking emergency action by the 9th Circuit  —  The US Federal Trade Commission lost its request for a California judge to temporarily block Microsoft Corp. from closing …
Jon Porter / The Verge:
Honor unveils Magic V2, a foldable phone measuring 9.9mm thick when folded and weighing 231g, is thinner and lighter than the Galaxy Z Fold 4 and the Pixel Fold  —  If there's one thing Honor wants you to know about its new Magic V2, it's how thin and light it is.
Sara Fischer / Axios:
The AP and OpenAI sign a two-year deal; the AP gets access to OpenAI's tech in return for licensing some of its text archive dating back to 1985 for AI training  —  The Associated Press on Thursday said it reached a two-year deal with OpenAI, the parent company to ChatGPT, to share access to select news content and technology.
Todd Spangler / Variety:
Telly begins shipping its free, ad-supported, dual-screen 4K TV as part of its public beta program; users must submit demographic info, viewing habits, and more  —  Start-up says it received more than 250,000 sign-ups from U.S. consumers … The start-up, which plans to ship some 500,000 free …
Cat Zakrzewski / Washington Post:
Doc: the FTC sends OpenAI a demand for records about addressing risks tied to its AI models and a March 2023 security incident over payment-related information  —  The agency's demand for OpenAI's documents marks the company's greatest U.S. regulatory threat to date
Sapna Maheshwari / New York Times:
The Knight First Amendment Institute at Columbia University files a lawsuit challenging Texas' TikTok ban on state devices, for limiting research and teaching  —  A lawsuit filed on Thursday says Gov. Greg Abbott's ban is compromising research and teaching at public universities.

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More News

Bloomberg:
Mark Bergen / Bloomberg:
More: Reuters, Forbes, Financial Times, and Semafor
Mastodon: @carnage4life@mas.toTwitter: @levie, @tomgara, and @chrisfralicForums: Hacker News
Leah Nylen / Bloomberg:
Allison Johnson / The Verge:

Earlier Picks

Kyle Chayka / New Yorker:
Juli Clover / MacRumors:
Tim Hardwick / MacRumors:
Sam Schechner / Wall Street Journal:
Rachel Metz / Bloomberg: