Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
July 14, 2023, 6:25 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

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.
Matt Wales / Eurogamer.net:
Larry “Major Nelson” Hryb, Xbox's senior director of corporate communications, is leaving Microsoft after 22 years to “work on the next chapter of my career”  —  To “work on the next chapter of my career.”  —  Larry “Major Nelson” Hryb, long one of the most recognisable presences …
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 …
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
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.
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 …
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 …
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 his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI  —  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 …
Salvador Rodriguez / Wall Street Journal:
Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company's apps  —  Staffers toiled for months to create a Twitter-like service that would fit with existing apps
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.
More: Techlusive, Dexerto, and Engadget
Bluesky: @jww.wtf and @setia.ink.  Twitter: @twittersupport.  Threads: @carnage4life.  Forums: r/RealTesla
Bloomberg:
Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval  —  - ASML will be limited in repairing restricted machines in China  — China's production capabilities and capacity to be affected
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:
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities
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:
A US district judge denies the FTC's motion to stay Microsoft's $68.7B Activision Blizzard acquisition; the FTC is seeking emergency action by the 9th Circuit

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Agentic AI: The need for a data foundation  —  This is the first post of the 4-part series on Agentic Data Infrastructure.Every business app now ships with an AI agent.  Each one is good at its own job.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

BG2 Pod:
 The SpaceX IPO, Fable 5, AI Capex Update & Market Check w/ Gavin Baker, Andrew Fox & Clark Tang
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
The Nick, Dick and Paul Show:
 All about Interest Rates
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Training Data:
 Google DeepMind's Logan Kilpatrick: Why the Model Eats the Harness
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Big Technology Podcast:
 What Should An AI Device Look Like? — With Alex Himel
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
 Founders dish on VC bad behavior (and bring receipts)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
 AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:25 PM ET, July 14, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

Sara Fischer / Axios:
Disney study: the Toy Story franchise has driven $16B in total revenue for the company over 30 years; nearly half of the revenue was generated domestically

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

More News

Reuters:
Sources and a doc: India told streaming services like Netflix and Disney to use an independent panel to review content for obscenity and violence before release

Earlier Picks

Jay Peters / The Verge:
Reddit plans to sunset its current coins and awards systems used to show appreciation for a post by September 12, 2023; users can no longer purchase new coins
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
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
Tim Hardwick / MacRumors:
Apple launches Tap to Pay on iPhone in the UK, starting with Revolut and Tyl by NatWest as the first payment platforms, following the US, Australia, and Taiwan
Sam Schechner / Wall Street Journal:
Google updates Bard with 43 more languages, from Arabic to Vietnamese, and privacy features requested by EU regulators, and debuts the tool in Europe and Brazil
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter