Techmeme
July 14, 2023, 4:55 AM

Top News

Taylor Lorenz / Washington Post:
Twitter's creators program makes its first payouts, including to far-right influencers like Andrew Tate, who made over $20K, Ian Miles Cheong, and Benny Johnson  —  The platform is paying high profile creators, including Andrew Tate, thousands of dollars for posting to the app
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.
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 …
Michael Schulman / New Yorker:
Netflix's Orange Is the New Black was an early indicator of how lopsided the streaming economy would be, as 10 actors from the show detail tiny residual incomes  —  The innovative and daring show was a worldwide hit for Netflix, but some of the actors say that they were never fairly compensated.
Aoyon Ashraf / CoinDesk:
After the US court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token  —  U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.
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 …
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.
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 now  —  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.
Bloomberg:
Sources: Microsoft and Activision Blizzard mull the sale of some UK cloud-based gaming rights to a telecom, gaming, or internet company to appease regulators  —  - Companies may give up some control of UK cloud gaming unit  — US, UK regulators have come out against the $69 billion deal
Bloomberg Law:
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.
Leah Nylen / Bloomberg:
At a congressional hearing, FTC Chair Lina Khan defended herself against GOP attacks over her alleged ethics violation and aggressive antitrust enforcement  —  Federal Trade Commission Chair Lina Khan fended off Republican attacks over her adherence to ethics laws and aggressive antitrust enforcement …
Jon Porter / The Verge:
Honor unveils Magic V2, a foldable phone that is 9.9mm thick when folded, weighs 231g, and 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.

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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
Sapna Maheshwari / New York Times:
Allison Johnson / The Verge:
Sara Fischer / Axios:

Earlier Picks

Adam Crafton / The Athletic:
Bloomberg:
Kyle Chayka / New Yorker:
Tim Hardwick / MacRumors:
Sam Schechner / Wall Street Journal:
Rachel Metz / Bloomberg: