Lindsey Graham and Elizabeth Warren announce the Digital Consumer Protection Commission Act, seeking an independent regulator to license and police Big Tech  —  Mr. Graham, a Republican, is the senior senator from South Carolina.  Ms. Warren, a Democrat, is the senior senator from Massachusetts.

Sony has sold over 40M PS5s since its launch in November 2020, up from 10M in July 2021, despite the “unprecedented challenges of COVID” and supply chain issues  —  / Despite supply chain issues and the problems caused by the pandemic, Sony says the PS5 supply is now ‘well-stocked.’

The EU opens an antitrust investigation into whether Microsoft abuses its dominant position by bundling Teams with Office, the first investigation in 10+ years  —  Probe marks the first time in a decade that Microsoft has come under formal investigation by Brussels

iOS 17 beta 4 code hints at a rumored Action button, offering quick access to Shortcuts, Silent Mode, Camera, and more, similar to the Watch Ultra's button  —  Apple released the fourth beta of iOS 17 to developers yesterday, and among the changes in the latest beta are some new code snippets …

Ex-Twitter Director of Product Management Esther Crawford on the “culture of fear”, Elon Musk's strengths and weaknesses, the sleeping bag incident, and more  —  Like seemingly everyone on this app I have plenty of opinions about Twitter > X and figure now is a good time to open up a bit about my experience at the company. I tweeted for years into the void for the love of it like many of you, but after selling my startup to Twitter in... [video]

Source: about 10 years ago, Tesla rigged the dashboard to overstate battery range; in 2022, Tesla created a “Diversion Team” to suppress thousands of complaints  —  About a decade ago, Tesla rigged the dashboard readouts in its electric cars to provide “rosy” …

Meta forecasts 20% revenue growth in Q3, returning to pre-pandemic and pre-ATT levels, potentially creating cover for expensive AI and metaverse investments  —  - Meta's current quarter sales projection beats estimates  — Company continues to increase spending on metaverse, AI

WhatsApp announces instant video messages, letting users send clips up to 60 seconds in a similar way to voice notes; videos automatically play on mute  —  WhatApp's latest feature is the ability to quickly send short video messages, similar to the voice messages the service already supports.

Researchers: the guardrails on ChatGPT, Bard, and Claude can be bypassed by adding a long suffix of characters to prompts, generating false and toxic responses  —  A new report indicates that the guardrails for widely used chatbots can be thwarted, leading to an increasingly unpredictable environment for the technology.

A postmortem of Neeva, which tried to build a faster, simpler, and ad-free search engine, and how default search engine choices reinforce Google's dominance  —  A couple of ex-Googlers set out to create the search engine of the future.  They built something faster, simpler, and ad-free.

The US DOJ informed a federal judge that Sam Bankman-Fried won't face the campaign finance charge, which wasn't part of an extradition document with The Bahamas  —  The Justice Department said late Wednesday that the campaign finance charge was not included in an extradition document with The Bahamas …

Sources: Netflix is reworking its tech deal with Microsoft for its ad tier to reduce the revenue guarantee and has discussed selling ads through other partners  —  Streamer asks for patience as it tries to jump-start $6.99 a month ad tier  —  Netflix is restructuring its advertising partnership …

Samsung reports Q2 revenue down 22% YoY to ~$47.21B, below analyst expectations of ~$47.7B, and operating profit down 95% YoY to ~$525M due to weak phone demand  —  - Samsung is the world's largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.

How Russia's invasion led Ukraine to innovate in combat drones, including improving speed, flight range, and payload, and the implications for warfare globally  —  The advent of AI-enabled drones holds huge promise for Ukraine's military but may also be exploited by nefarious non-state actors

Israeli startup Trustmi, which offers payments fraud prevention tools, raised a $17M Series A led by Cyberstarts, taking its total funding to $21M  —  Shai Gabay and Eli Ben-Nun, two entrepreneurs based in Israel, met in 2018 while working at Cynet, a cybersecurity startup developing extended detection and response tools.

Adobe adds Firefly-based Generative Expand, which “expands images beyond their original bounds”, to the Photoshop beta and support for prompts in 100 languages  —  Adobe is building on Firefly, its family of generative AI models, with a feature in Photoshop that …