The UK CMA says it will not accept new remedies from Microsoft over Activision but would consider a restructured deal, which may require a fresh investigation
Britain's competition regulator said on Wednesday that a new restructured Microsoft-Activision deal could require a fresh merger investigation.
Twitter's best defense against Threads may be to refocus on news and reactions from people you follow, leaving growth via algorithmic feeds to Threads
If you're only going to tweet once every 11 years, then you better make it count; the best way to do just that is to pull off a well-executed meme:
Microsoft says Chinese hackers gained access to US government email accounts and had access to some accounts for a month before the breach was detected
The hack, by a Chinese group that the company said was intent on conducting espionage, went undetected for a month. — Reporting from Washington
Threads can avoid Google+'s failure by not simply relying on the scale of Meta's existing products, but by giving users a compelling reason to keep coming back
https://lists.w3.org/... Twitter: Harry McCracken / @harrymccracken : Google worked VERY hard to make Google+ work, and it didn't, because it wasn't in its wheelhouse and Facebook was so strong. Threa...
Experts: the FTC faces hurdles to appeal the Activision ruling as the facts work in Microsoft's favor; some question the judge's standard on harming competition
but their $69 billion deal isn't a sure thing yet John Quintet / iPhone in Canada Blog : Microsoft-Activision Deal Allowed to Proceed, Rules Judge Matt O'Brien / TIME : Judge Declines to Block Microso...
Critics say FTC Chair Lina Khan's take-it-to-the-courts strategy is flawed, ahead of a House Judiciary Committee hearing to “examine mismanagement of the FTC”
Lina Khan has said a fear of defeat should not deter the agency from suing big tech companies.
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm
A Democratic report finds popular tax filing tools inappropriately and “recklessly” transmitted data to Meta and Google for years; tax data is tightly regulated
The investigation was opened in response to work published last year by The Markup
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners
Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.
Linux distribution company SUSE plans to create a hard fork of Red Hat Enterprise Linux, investing $10M into the project over the coming years
A storm is brewing in open-source land that could change the Linux distro landscape — Today, SUSE announced that it is creating a hard fork …
A look at Meta's plan to adopt ActivityPub for Threads, what makes ActivityPub attractive, and the technical challenges and social pressure Meta will face
From a developer point of view, the fact that Meta's Threads app has quickly gone over 100 million sign-ups isn't the most interesting part of this latest Twitter clone.
The European Securities and Markets Authority issues detailed proposals on crypto companies under the EU's MiCA law; more are expected in October and early 2024
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation
Travelers can say no to a TSA facial recognition scan, but some TSA agents tell travelers the scan is required or that refusing will cause a significant delay
Let's ask two questions about airports' use of facial recognition: Is it truly voluntary? And is it worth it? Twitter: @evan_greer , @pettypropolis , @ajlamesa , and @greta Twitter: @evan_greer : “Op...
Research: Huawei is plotting a return to the US 5G smartphone market by the end of 2023 using its own chip design tools and SMIC's chipmaking process
- US-sanctioned giant likely to produce 5G chips domestically — Chips expected to use Huawei EDA tools and SMIC production
A California law firm launches a class-action suit against Google, alleging user data scraping without consent for AI training, after a similar OpenAI suit
Google was hit with a wide-ranging lawsuit on Tuesday alleging the tech giant scraped data from millions of users without their consent …
A look at the global freelancer labor force on sites like 99designs, some of whom are early generative AI adopters and are most at risk of being replaced by AI
The global labor force of outsourced and contract workers are early adopters of generative AI — and the most at risk. — R Bluesky: @sesmith.bsky.social and @anabrandusescu.bsky.social . Mastodon: @w...
A mid-2023 crypto crime update: inflows to illicit entities drop 65% YoY, scammers net ~$3.3B less than H1 2022, and ransomware took $175.8M more than H1 2022
2023 so far has been a year of recovery for cryptocurrency after a chaotic 2022, with prices of digital assets like Bitcoin up over 80% on the year as of June 30.
Emails: Urs Holzle, Google employee no. 8, plans to step back from management after 24 years, becoming an “individual contributor” as Google shakes up Cloud
- Employee No. 8 Urs Holzle will step back from management after 24 years, CNBC has learned.
Adobe says Firefly has now generated over 1B assets on the web and in Photoshop and rolls out the web app globally with support for prompts in 100 languages
Adobe today announced that its Firefly web service is now available globally with support for text prompts in 100 languages …
The EU approves Broadcom's $61B VMware deal, provided Broadcom adheres to its access and interoperability commitments; UK and US approval is still pending
U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware …
Recursion, which uses AI models for drug discovery, raised $50M from Nvidia and plans to train its models on Nvidia's platform using its own 23,000TB+ datasets
Nvidia (NVDA.O) invested $50 million to speed up training of biotech firm Recursion's (RXRX.O) artificial intelligence models for drug discovery …
Sound, which helps artists mint their songs as NFTs, raised a $20M Series A led by a16z with Snoop Dogg and others participating and launches out of beta
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans.
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018
Andy Greenberg / Wired :
Sources: SoftBank-owned Arm is in talks to add Nvidia as an anchor investor while the company presses ahead with plans for a New York IPO as soon as September
World's most valuable semiconductor group discusses acquiring stake in SoftBank-owned chip designer ahead of New York listing
InvGate, a SaaS startup offering IT service and asset management tools, raised $35M led by Riverwood, its first external funding since its founding in 2009
InvGate, a SaaS platform offering information technology service management and IT asset management products, raised $35 million …
A breakdown of Elon Musk's misguided complaint against law firm Wachtell, which received $90M from Twitter for forcing Musk to complete the $44B Twitter deal
Oh Elon — Disclosure! A long time ago I used to work as a very junior mergers-and-acquisitions lawyer at Wachtell, Lipton, Rosen & Katz.
Nothing plans to launch the Phone (2) for $599+ in the US, Europe, and the UK on July 17; the device has a Snapdragon 8+ Gen 1 and rear “glyph” lights in zones
As AWS, Azure, Google Cloud, and other cloud providers face pressure to meet AI demand, Dell, Qualcomm, and other on-premises hardware providers see an opening
Traditional cloud infrastructure wasn't designed to support large-scale artificial intelligence. Hyperscalers are quickly working to rebuild it.
Interviews with executives and staff at Anthropic reveal how an obsession with AI safety and ties to effective altruism influence the startup's decisions
what you need to know Kyle Wiggers / TechCrunch : Anthropic releases Claude 2, its second-gen AI chatbot The Economic Times : Inside the white-hot center of AI doomerism Markus Kasanmascheff / WinBuzz...
Adobe: US consumers spent $6.4B at Amazon during Prime Day's first 24 hours, up 6% YoY but below estimates; Numerator: average orders were up 7% YoY to $56.64
US consumers spent $6.4 billion online in the first 24 hours of Amazon.com Inc.'s Prime Day, according to Adobe Inc. That's up 6% …
The US DOJ arrests a security engineer on wire fraud and money laundering charges for “fraudulently” taking $9M in crypto from a DEX by faking pricing data
Domino's Pizza partners with Uber Eats in the US, the UK, Canada, and 25 other markets, reversing its long-held stance against working with food delivery apps
we're thrilled @UberEats to be their choice for global growth—and their first-ever, exclusive partner here in the US. Let's go get it! https://www.wsj.com/... via @WSJ
Llion Jones, who co-authored the pioneering AI paper “Attention Is All You Need” at Google, plans to depart Google Japan later in July 2023 to launch a startup
Meta now lets users don avatars on Instagram and Messenger video calls and adds ways to share animated avatar stickers on Instagram, Messenger, and Facebook
Temasek does not plan to invest in crypto firms due to “a lot of regulatory uncertainty”; the fund wrote down its $275M FTX investment to zero in November 2022
Sheila Chiang / CNBC :
India's IT minister says the Foxconn-Vedanta venture ended due to “internal issues” and “doesn't affect” the chip program; Foxconn is seeking new chip partners
Wall Street Journal :
Indian IT giant Wipro plans to spend $1B over the next three years to train its 250K employees in AI and integrate the tech into all its operations and products
Alex Gabriel Simon / Bloomberg :
Google forms an independent advisory board for Travel Impact Model, its open-source tool for predicting the per-passenger carbon emissions of an upcoming flight
Andrew J. Hawkins / The Verge :
Accounting firm KPMG plans to invest $2B in AI and cloud services across its business lines globally over five years via an expanded Microsoft partnership
Mark Maurer / Wall Street Journal :
Chinese Premier Li Qiang met with executives from Alibaba, ByteDance, Meituan, and Xiaohongshu, pledging to reduce compliance costs as China's economy weakens
Bloomberg :
Salesforce plans its first price hike in seven years, up 9% on average for Sales Cloud, Service Cloud, Marketing Cloud, Industries, and Tableau, in August 2023
Brody Ford / Bloomberg :
Banking and insurance startup Papara became Turkey's first fintech unicorn after its Beka Finance deal; startups.watch: Turkish startups raised $111M in H1 2023
Ercan Ersoy / Bloomberg :
Collective, a financial management service for freelancers that offers bookkeeping, payroll, and tax advice, raised $50M, bringing its total funding to $82M
Kyle Wiggers / TechCrunch :
At a classified briefing on July 11 with senators, US national security officials defended their AI deployment; Chuck Schumer has arranged two more AI briefings
Katrina Manson / Bloomberg :
A look at Wikipedia in Russia, where the service remains popular after the Ukraine invasion, and the Kremlin-compliant rival Ruwiki from a long-serving editor
Noam Cohen / Bloomberg :
A US district judge dismissed a suit by r/WallStreetBets founder Jaime Rogozinski who accused Reddit of wrongly banning him as the community's moderator in 2020
Sources: ByteDance plans to let US employees vest their restricted shares without having to wait for the company to IPO, aiming to appease restless employees
Echo Wang / Reuters :
London-based Prolific, which stress tests AI models through its network of 120K human participants, raised £25M co-led by Partech and Oxford Science Enterprises
Ingrid Lunden / TechCrunch :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.