| Sarah Perez / TechCrunch: |
Adam Mosseri says spam attacks on Threads “have picked up” so Meta is tightening “things like rate limits” and warns of “unintentionally limiting active people” — It looks like Twitter isn't the only one having to turn to rate limits — or limits on how many posts users can view — as it turns out.| Casey Newton / Platformer: |
Threads' early growth decisively proved the demand for a new text-based conversation app that could fully supplant Twitter's role in shaping public conversation — One week later, engagement is down — but the prize is still there for the taking — I. — On July 5, Meta released Threads into the world.| Bloomberg: |
Sources: Microsoft and Activision Blizzard plan to keep seeking the final regulatory approvals for their $69B deal, despite not closing by the July 18 deadline — - UK veto will prevent closing by July 18 deadline in agreement — Companies don't intend to walk away, will continue UK talks| Reuters: |
The UK's Competition Appeal Tribunal pauses Microsoft's hearing, starting on July 28, of its appeal against the CMA blocking the Activision deal, for two months — Microsoft's (MSFT.O) appeal against Britain's block on its $69 billion takeover of Activision Blizzard (ATVI.O) … | Richard Lawler / The Verge: |
A US appeals court stays for 90 days a ruling letting Apple App Store developers link to third-party payment options, so Apple can prepare a SCOTUS filing — On Monday, Apple was granted a motion putting a hold on the appeals court ruling that would push the company to undo its “anti-steering” … | Lauren Forristal / TechCrunch: |
Peacock raises its Premium price by $1 to $5.99/month and Premium Plus by $2 to $11.99/month, at once for new customers and on August 17 for current subscribers — Peacock is delivering bad news to its subscribers tonight. Beginning at 12 a.m. ET, the streamer is notifying existing customers … | Wes Davis / The Verge: |
The FCC unveils the US Cyber Trust Mark, a voluntary cybersecurity label for smart devices that will signify that devices meet NIST-set security standards — The Biden Administration is unveiling a new cybersecurity label for smart devices today. In a press briefing, Federal Communications Commission … | Bloomberg: |
PDD's Temu sues rival Shein in the US, alleging Shein violated antitrust laws by intimidating clothing manufacturers into supply arrangements that excluded Temu — - Two fast-growing powers in online fashion clash over tactics — Shein dominates ultra fast-fashion with $66 billion valuation| Kyle Wiggers / TechCrunch: |
Wix debuts AI Site Generator, a tool that can create websites from chat prompts, including e-commerce, scheduling, food ordering, and event ticketing components — What does one expect from a website builder in 2023? That's the question many startups — and incumbents … | Alex Isenstadt / Politico: |
A pro-Ron DeSantis super PAC used an AI version of Trump's voice, which appears to be narrating Trump's Truth Social post, in a statewide TV attack ad in Iowa — The spot illustrates the new frontiers in political advertising. — A pro-Ron DeSantis super PAC uses an Artificial Intelligence version … | Tim Bradshaw / Financial Times: |
Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A — Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security| Mercedes Ruehl / Financial Times: |
Nasdaq-listed Grab and Jakarta-listed GoTo, whose stocks are 60%+ below listing price, pare back “superapp” approach by cutting jobs and marginal business units — Grab and GoTo built big followings across south-east Asia but are now cutting marginal businesses| Helen Coster / Reuters: |
Truth Social's head of engineering, Alex Gleason, resigns to work at Soapbox, which he founded and which offers open-source decentralized tech for social media — The head of engineering for the company that operates former U.S. President Donald Trump's Truth Social app told Reuters on Monday …
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Why eIDAS 2.0 might be the EU's boldest digital move yet — eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Cecilia D'Anastasio / Bloomberg: |
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