The US Appeals Court for the Ninth Circuit denies the FTC's appeal for an injunctive relief to stop Microsoft's acquisition of Activision Blizzard from closing
In a victory for Microsoft, the U.S. Appeals Court for the Ninth Circuit late on Friday denied the Federal Trade Commission's appeal …
Some Reddit users report disappearance of their private messages from before 2023; Reddit says the move was announced on June 22 and is effective since June 30
Many Redditors were caught off guard by the removal of their chat and message history. — The Reddit blackout protests …
Microsoft's disclosures about Chinese hackers accessing US government email accounts try to obscure the role of Microsoft's own vulnerabilities in the breach
Critics also decry Microsoft's “pay-to-play” monitoring that detected intrusions. — On Friday, Microsoft attempted to explain …
A US appeals court temporarily blocks a lower court order that sharply limited US government officials' and agencies' contacts with social media companies
A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials …
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Crypto tokens are securities unless you are anonymously dumping them on retail investors. LinkedIn: Kelvin Low . Twitter: @smdiehl , @matt_levine , @exlawyernft , @ben_mckenzie , @mcuban , @panekkkk ,...
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities
and this week it got a big one Hassan Shittu / Cryptonews : Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit Mutuma Maxwell / Cryptopolitan : Binance clients rally behind enigmat...
In a Twitter Spaces chat, Elon Musk says xAI plans to collaborate with Tesla on silicon and AI software, use public tweets for AI training, and more
- During a live audio session on Twitter, owner and chairman Elon Musk said his new AI startup, xAI, will use Twitter data for training the …
Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff
Crypto exchange reduces workforce as Justice Department investigation continues — Binance, the giant crypto exchange …
Larry “Major Nelson” Hryb, Xbox's senior director of corporate communications, is leaving Microsoft after 22 years to “work on the next chapter of my career”
But I can't help but feel his communication style held back the brand's image to an extent. Very traditional media, very American... it was hard to connect. — #Xbox #gaming #gamingnews … Twitter: @...
Updraft patches its AIOS WordPress plugin, used by 1M+ sites, after it logged plaintext passwords; Updraft didn't warn its users during the exposure period
The All-In-One Security (AIOS) WordPress security plugin, used by over a million WordPress sites, was found to be logging plaintext passwords …
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality
People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don't, a study found.
The UK CMA pushes back a deadline to block Microsoft's Activision deal from July 18 to August 29, which could let Microsoft complete the merger within weeks
New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets
Creators can now make money on Twitter. My take 👇 … Bluesky: David Chen / @davechen.bsky.social : If this story is to be believed (big if. Huge if), then literally just spending time on Twitter and ...
Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI
what could possibly go wrong? Hisan Kidwai / Android Headlines : Elon Musk launches new AI company xAI to understand the universe Bluesky: Emil Protalinski / @epro.social : who said you need crypto to...
Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10
Twitter could descend into irrelevance if the trends driving Threads' early success, including network effects and Elon Musk's self-inflicted wounds, persist
Threads, from Instagram, has many distinct qualities that make it the first credible threat to Elon Musk's vision of what a social network should be
Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets
Tim Copeland / The Block :
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth
- President says new anime markets like India will drive growth — Global expansion helps owner Sony boost entertainment content
Elon Musk says Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load
Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load. — “Need to reach positive cash flow …
Creator monetization platform Fanhouse agrees to sell to rival Passes, which only launched in December 2022, but some creators are apprehensive about the merger
if you do, it will be a secure transfer - Fanhouse will continue to run until the transition and will continue to run for some time after Lucy Guo / @lucy_guo : For those worried about their livelihoo...
Sources: Foxconn is in talks with TSMC and Japan's TMH to build chip factories in India, days after its $19.5B venture with Vedanta ended
The Economic Times :
Sources: the CEOs of Intel and Qualcomm are planning to meet US officials in DC next week to discuss China policy, export controls, market conditions, and more
Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company's apps
Hands-on with Ernie 3.5, which Baidu claims is “slightly inferior” to GPT-4 in a comprehensive test but performs better when both were spoken to in Chinese
New York Times :
Sources: Dutch export control rules would bar ASML from maintaining, repairing, and providing spare parts for controlled equipment without government approval
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