| Taylor Lorenz / Washington Post: |
Twitter makes its first ad sharing payouts to creators, including far-right influencers like Andrew Tate, who made $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: the 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.| Hayden Field / CNBC: |
Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10 — - Facebook's Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb.| Ivan Mehta / TechCrunch: |
Meta confirms taking “additional steps” to prevent EU-based users from accessing Instagram's Threads; users report no longer being able to use Threads via a VPN — After multiple EU-based users complained about not being able to access Instagram's Threads app through VPN, Meta confirmed that it is blocking such efforts.| Tim Copeland / The Block: |
Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets — - Multichain confirmed its CEO has been detained in China. — It said the CEO's sister moved $220 million of funds … | Wall Street Journal: |
Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff — Crypto exchange reduces workforce as Justice Department investigation continues — Binance, the giant crypto exchange … | Reuters: |
Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place” — Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week … | Semafor: |
Sources: Elon Musk claimed xAI was worth $20B, as he was trying to recruit top AI talent and offering equity in his new startup — Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens of billions of dollars … | Sarah Perez / TechCrunch: |
Twitter aims to reduce DM spam with a setting that moves messages from Blue users you don't follow back to the Message Request inbox instead of the main inbox — As Twitter fends off new competition from Instagram Threads, the company today announced a change designed to cut down on spam in users' inboxes.| Bloomberg: |
Sources: Microsoft and Activision Blizzard consider selling UK cloud-based game rights to a telecom, gaming, or internet company to appease US and UK 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: |
| 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.| Aoyon Ashraf / CoinDesk: |
After the US court ruling in Ripple's favor, 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: |
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| Jay Peters / The Verge: |
| Bloomberg: |
| Jon Porter / The Verge: |
| Sapna Maheshwari / New York Times: |
| Kris Holt / Engadget: |
| Tim Hardwick / MacRumors: |
| Sam Schechner / Wall Street Journal: |