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July 16, 2023, 8:35 AM
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| Jahnavi Nidumolu / Reuters: |
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2 — Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.
More: Insider, PhoneArena, Associated Press, Agence France-Presse, Business Today, Bloomberg, The Economic Times, Deadline, The Information, Gizchina, CNBC, Engadget, Mashable, Reuters, Fortune, AppleInsider, Forbes, Techlusive, WebProNews, The Verge, and Fast Company
Bluesky: @swilliams.bsky.social, @mikebeas.com, @mousterpiece.bsky.social, @jesseltaylor.bsky.social, and @yuriy.galanter.net. Mastodon: @harrymccracken@sfba.social
Twitter: @elonmusk, @austinj, @sarahfrier, @cullend, @edzitron, @dkthomp, @mcuban, @rakeshlobster, @nycsouthpaw, @kurtwagner8, @superpixels, @lordravenscraft, @rmac18, @netcapgirl, @devin_gain, @dsdoc97, @mattboxer94, @followtheh, @ridim_luv, @ivanthek, @gaetendugas, @rammitycap, @danprimack, @secretcfo, @clarajeffery, @oalexanderdk, @briannawu, @zaackhunt, @wallstcynic, @buccocapital, @lolgop, @gordonjohnson19, and @highyieldharry
Threads: @carnage4life, @carnage4life, and @buccocapital
Forums: r/technology, r/business, and r/elonmusk
| Alex Ivanovs / Stack Diary: |
Brave appears to be selling copyrighted data for AI training and giving third parties the “rights” to that data, while not disclosing its own robot crawler — And even though there are some concerns about the type of data that was used [...] — I'm fairly certain …
Mastodon: @the_turtle@mastodon.sdf.org, @derekmceachern@infosec …, and @carnage4life@mas.to
Twitter: @jbaert and @kirillzubovsky
Forums: Hacker News, r/browsers, and r/privacy
| Igor Bonifacic / Engadget: |
Bluesky adds the N-word to a “reserved” words list, after users reported that some usernames include the slur, highlighting the site's ongoing moderation issues — The oversight highlighted an ongoing moderation issue at the platform. — Before this week, Bluesky …
More: Scripting News. LinkedIn: Scott Hirleman. Bluesky: @epro.social, @oldunclemalky.bsky.social, @ichneumonidae.bsky.social, @jaynova.bsky.social, @rubyroberts.bsky.social, @bsky.app, @richburroughs.dev, @sheenaquatro.bsky.social, @smenor.com, @jay.bsky.team, @reelearlypod.bsky.social, and @rasmansa.bsky.social
Twitter: @themckenziest, @thatdangphil, @themckenziest, @kimcrayton1, @keithdsouza, and @growing_daniel. Threads: @carnage4life. Forums: Beehaw
| Amaka Nwaokocha / Cointelegraph: |
The US SEC acknowledges BlackRock's and Bitwise's spot bitcoin ETF applications, indicating the commencement of the official review process for the proposals — The SEC's acknowledgment indicates the commencement of the official review process for BlackRock's ETF proposal. — 2279 Total views
More: Decrypt, DL News, Bitcoinist.com, CryptoPotato, The Daily Hodl, crypto.news, Blockchain News, ZyCrypto, Cryptonews, Cryptopolitan, Watcher Guru, and CoinGape
Forums: r/ethtrader, r/Hedera, and r/CryptoCurrency
| Anastasia Stognei / Financial Times: |
Russia bans officials and state employees from using Apple devices for “work purposes”, after the FSB claimed Apple helped the NSA surveil Russian iPhone users — FSB enforces crackdown on use by state officials after claiming it uncovered an espionage operation using Apple devices
Bluesky: @slightlyoff.bsky.social
| Zac Larkham / Wired: |
A look at ~123 real-time crime centers in the US that use CCTV, facial recognition, and social media monitoring, as critics warn of creeping surveillance — Cities across the US have established RTCCs that police say protect the rights of innocent people, but critics warn of creeping surveillance.
Twitter: @acluofga and @cendemtech
| Lewis Gordon / The Ringer: |
After DVDs and streaming, Netflix gears up for what appears to be its third and most ambitious act: video games, with 67 in its library and 86 in development — First came DVDs. Then came streaming movies and TV. Now, Netflix is betting big on video games—and new release 'Oxenfree II …
More: New York Times and MatthewBall.co
Mastodon: @adrianhon@mastodon.social. Twitter: @ringer, @lewis_gordon, @soi, @lewis_gordon, @ballmatthew, @lewis_gordon, and @lewis_gordon. Threads: @carnage4life
| Dan Goodin / Ars Technica: |
Microsoft's disclosures about Chinese government hackers accessing US government email accounts try to obscure the role of the company's zero-days in the breach — Critics also decry Microsoft's “pay-to-play” monitoring that detected intrusions. — On Friday, Microsoft attempted to explain …
More: BleepingComputer, Microsoft Security Blog, CRN, GeekWire, The Record, and Reuters
LinkedIn: Henri Davis. Mastodon: @remixtures@tldr.nettime.org, @kusuriya@hackers.town, @dangoodin@infosec.exchange, @GossiTheDog@cyberplace.social, @mttaggart@infosec.exchange, @arstechnica@mastodon.social, and @GossiTheDog@cyberplace.social
Twitter: @lawrpaulson, @brianweeden, @matthewlennig, @john_bresnahan, @alexanderchopan, and @quinnypig
Forums: Hacker News, r/cybersecurity, r/technology, and Ars OpenForum
| Ben Jiang / South China Morning Post: |
Alibaba's food delivery service Ele.me commits to bring more social security and welfare benefits to its ~3M couriers, after a similar move by JD.com in March — Alibaba Group Holding-backed Chinese food delivery service Ele.me has committed to bring more social security and welfare benefits …
More: Reuters
| Anna Tong / Reuters: |
Some tech insiders say that generative AI won't fix San Francisco's economic and commercial real estate woes as the startups bring fewer jobs and automate work — In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco.| Tim Bradshaw / Financial Times: |
The UK CMA pushes back its July 18 deadline to block Microsoft's Activision Blizzard acquisition to August 29, which could mean the deal closes within six weeks — New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks
More: Thurrott, Cult of Mac, TweakTown, Associated Press, Techdirt, Gameranx, Reuters, and The Verge
Twitter: @tomwarren, @fosspatents, @jaywood2010, @dmoptions, @fosspatents, @fosspatents, @gameoverthirty, @benjisales, and @tomwarren
Forums: r/pcgaming, r/xboxone, and r/XboxSeriesX
| Rhiannon Williams / MIT Technology Review: |
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality — People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don't, a study found.
More: Tech News Outlet, Mashable, and MakeUseOf
Bluesky: @extraface.bsky.social. Mastodon: @carnage4life@mas.to. Twitter: @stopsatgreen, @jarviska, @dwaynephillips, @oosthuizen_izak, @hciphdstudent, @mrbumpyface, @glenngabe, and @csoleil
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