Adam Mosseri says Threads will not “encourage” politics and “hard news” as such content brings scrutiny that isn't worth the “incremental engagement or revenue”
/ Adam Mosseri ran Facebook's News Feed in 2016, and now he tells Alex Heath that politics …
Less than two days after launch, Mark Zuckerberg says Threads signups reached 70M, which is “way beyond our expectations”
- Meta's new Twitter competitor Threads has exploded in growth in its first full day since its public debut Wednesday night, fueled by Instagram's already massive userbase.
With the launch of Threads, Mark Zuckerberg appeared to have some of his swagger back as the public face of the platform's rollout, amid chaos at Musk's Twitter
Tim Higgins / Wall Street Journal :
Threads doesn't have ads, but Meta representatives are talking with ad agencies and brands, some of which, like Netflix and Wendy's, already have many followers
but it will give brands a refuge from Twitter International Business Times : YouTuber MrBeast becomes first to get 1 mn followers on Threads Kendra Clark / The Drum : Instagram's Threads threatens to ...
Gemini sues DCG and its founder; Cameron Winklevoss accuses Barry Silbert of being “the architect and mastermind of the DCG and Genesis fraud against creditors”
- Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe
- Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources. Source: Fortune .
Meta's Threads had the perfect launch thanks to a TikTok-like feed where the follower graph doesn't matter, easy Instagram-Threads cross-posting tools, and more
Turner Novak / The Split :
X Corp. sues Wachtell to recover most of the $90M fee the law firm received from Twitter for defeating Elon Musk's bid to walk away from his $44B Twitter buyout
Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter …
BotDefense, a project run by volunteer mods for removing spam bots on r/gaming and other big subreddits, ceases operations over Reddit's “antagonistic actions”
Mod-made tool claims to have banned 144,926 spambot accounts. — The Reddit community is still reckoning …
A judge orders NYC to temporarily delay new minimum pay standards for gig workers pending a July 31 hearing, after Uber, DoorDash, and Grubhub sued the city
A judge Friday ordered New York City to temporarily delay new minimum pay standards for app-based food delivery workers …
Filing: Google says Indian antitrust body CCI's ruling on Android market abuse is wrongly backed by Amazon's arguments that Google hindered Fire OS development
- Google has challenged India decision on Android market abuse — India antitrust body wrongly backed Amazon arguments-Google
Ant Group is proposing a buyback of up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit …
Crypto bridging protocol Multichain confirms an exploit impacted $130M in user-supplied tokens and recommends “all users suspend the use of Multichain services”
Shaurya Malwa / CoinDesk :
OpenAI releases its GPT-4 API in general availability, giving all paying developers access and planning to give new developers access by the end of July 2023
huge! https://openai.com/... @officiallogank : First, millions of developers have requested access to GPT-4 since it was announced in March. We are excited to extend access today to all organizations/...
A look at assistive apps like Be My Eyes and Ask Envision, which integrate GPT-4 to give visually impaired users more visual details about the world around them
Assistive technology services are integrating OpenAI's GPT-4, using artificial intelligence to help describe objects and people. Bluesky: @epro.social Bluesky: Emil Protalinski / @epro.social : “When ...
Lightning Labs unveils tools that let developers create AI agents to leverage GPT function calls to hold, send, and receive bitcoin via the Lightning Network
run — run as fast as you can — away from this [embedded post] Twitter: @lightning : Announcing a new set of tools to build Lightning⚡and #bitcoin-powered AI products for a global audience. Using L...
A profile of New Jersey-based subsea cable company SubCom, which sources say the US military uses exclusively for its undersea internet and surveillance cables
SubCom, a New Jersey company born out of a Cold War spy project, has become a key player in the U.S.-China tech war. Bluesky: @trevor.bsky.social . Twitter: @reuters Bluesky: Trevor Croker / @trevor.b...
A look at the US' bipartisan push to pass Big Tech antitrust bills in 2022, derailed by industry lobbying, ads, PR, donations, and congressional dysfunction
Steven Pearlstein / Washington Post : Twitter: @postopinions , @christinebannan , @mrmeador , and @sherman1890 Twitter: @postopinions : Congress has lost its ability to address the most pressing prob...
A researcher says a Bangladeshi government site is leaking millions of citizens' data, including names, phone numbers, email addresses, and national ID numbers
Lorenzo Franceschi-Bicchierai / TechCrunch :
How Telegram became a key channel for news about Russia's invasion of Ukraine, but its hands-off moderation turned the messaging app into a misinformation tool
The messaging app has become a key channel for news about the Russian invasion of Ukraine. But the government's relationship with it is complicated. Twitter: @rybar_force Twitter: @rybar_force : I sp...
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