| Alex Heath / The Verge: |
Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025 — A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye. — Now, the rival to Elon Musk's X has reached … | Casey Newton / Platformer: |
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real-time content, the fediverse, and more — A year ago this week, Meta introduced Threads to the world. — The text-based social network, which launched as a kind … | Lorenzo Franceschi-Bicchierai / TechCrunch: |
Twilio says threat actors identified the phone numbers of users of its 2FA app Authy; last week, hackers claimed to have stolen 33M phone numbers from Twilio — Last week, a hacker claimed to have stolen 33 million phone numbers from U.S. messaging giant Twilio.| Todd Bishop / GeekWire: |
Amazon plans to discontinue Astro for Business, its robot security guard for SMBs announced in November 2023, on September 25 to focus on its Astro home robot — Astro is leaving its job to spend more time with family. — Amazon informed customers and employees Wednesday morning that it plans … | Jay Peters / The Verge: |
OpenAI updates its ChatGPT macOS app to encrypt locally stored conversations, after a user discovered that the app was storing chats in plain text — Until Friday, OpenAI's recently launched ChatGPT macOS app had a potentially worrying security issue: it wasn't hard to find your chats stored … | Andrea Hsu / NPR: |
A federal court in Texas temporarily blocks the US government's ban on noncompete agreements that was set to take effect September 4 — A federal court in Texas has partially blocked the government's ban on noncompete agreements that was set to take effect September 4.| Amy Thomson / Bloomberg: |
UK-listed Keywords Studios, which provides game development, audio, and art services to Epic and others, agrees to private equity firm EQT's ~£2.1B takeover bid — - Investors get £24.50 per share in cash in private equity deal — Keywords works for titles including Fortnite, Call of Duty| Financial Times: |
Sources: later in July, the EU will suggest scrapping the €150 threshold below which goods are exempt from customs duties, targeting Temu, AliExpress, and Shein — European Commission plans to scrap €150 threshold below which goods are exempt from customs duties| Rocky Swift / Reuters: |
Japan's government has finally eliminated the use of floppy disks in all its systems, after scrapping over 1,000 regulations governing their use — Japan's government has finally eliminated the use of floppy disks in all its systems, two decades since their heyday, reaching a long-awaited milestone … | Juby Babu / Reuters: |
Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025 — OpenText Corp (OTEX.TO) said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.| Natasha Lomas / TechCrunch: |
Proton launches Docs in Proton Drive, a privacy-focused alternative to Google Docs, after acquiring secure note-taking app Standard Notes in April 2024 — Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation … | Emma Farge / Reuters: |
WIPO: between 2014 and 2023, 54K generative AI patents were filed, 25% of which were filed in 2023; China leads with 38K+ patents, followed by the US with 6,276 — China is far ahead of other countries in generative AI inventions like chatbots, filing six times more patents than its closest rival … | Sarah Perez / TechCrunch: |
Noplace, a new social media app with colorful, customizable profiles and text-based updates targeting Gen Z, reaches number one on the iOS App Store in the US — Aiming to bring the “social” back to “social media,” a new app called noplace has surged to the top of the App Store as it launched out of invite-only mode Wednesday.| Erin Griffith / New York Times: |
PitchBook: US startups raised $56B in Q2 2024, up 57% YoY and the highest three-month haul in two years; AI startups raised $27.1B, or nearly half of the total — Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.| Julia Love / Bloomberg: |
Alphabet winds down agriculture startup Mineral, which became an independent subsidiary in 2023, and licenses some of its tech to berry producer Driscoll's — The company no longer has a place for all of its moonshot startups — Alphabet Inc. is licensing some technology … | The Information: |
Sources: Harvey, which builds generative AI tools for law firms, now expects to raise ~$100M at a $1.5B valuation after reported talks to raise $600M at $2B+ — One month ago, we broke the news that Harvey, a startup that sells AI-powered legal software, was looking to raise $600 million … | Manish Singh / TechCrunch: |
Koo, an Indian rival to X that had raised $60M+ from Tiger Global, Accel, and others, shuts down after last-resort acquisition talks with Dailyhunt collapsed — The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk's X, is ceasing operations … | Isabelle Bousquette / Wall Street Journal: |
A look at enterprise browser startups like Island and Here, which aim to provide built-in browser security controls and better app integrations needed for work — Commercial web browsers weren't built for business. New enterprise browsers aim to provide the security controls and user experience needed for work.
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Contract Signed. Project Ready. Tasks Created. — Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms. But for most businesses …
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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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