Twitter/X files a lawsuit against Center for Countering Digital Hate, accusing the nonprofit and its backers of “actively working to prevent free expression”
The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …
Sources: Nintendo plans to release a new console in H2 2024, with a portable mode, LCD display, and a cartridge slot; key partners already have development kits
Development kits for Nintendo's next console are now with key partner studios, with launch planned for next year, sources have told VGC.
Twitter is now “X” in the App Store, seemingly via an exception to Apple's rule that requires app names to have two or more characters
Twitter's “X” becomes first one-letter iPhone app Wes Davis / The Verge : Twitter gets special permission to be ‘X’ in the iOS App Store Roshan Abraham / VICE : ‘Blaze Your Glory!’: Twitter Has a Biza...
X sues the Center for Countering Digital Hate, alleging that researchers violated its terms of service and the CFAA while studying hate speech on the platform
X, the company formerly known as Twitter, sued a research group that had investigated hate speech on the social media platform …
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit
Ride-hailing and delivery businesses grew in the second quarter, though freight shrank — Uber Technologies posted …
After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B
- Curve's native CRV coin posted three-day, 25% slump after hack — Drop raised concerns about wider fallout from platform's woes
Internal email: Google is revamping Assistant to focus on using generative AI, starting with the mobile version, and is reorganizing related teams
Google plans to overhaul its Assistant to focus on using generative AI technologies similar to those that power ChatGPT and its own Bard chatbot …
Sources: Meta plans to launch a range of AI chatbots dubbed “personas” that exhibit personalities as soon as September, to boost engagement on its platforms
Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok
X says Elon Musk will lead product and engineering teams, CEO Linda Yaccarino will lead teams including legal and sales, and both will oversee trust and safety
“U.S. ad revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier.” Michael Love / @elkmovie@mastodon.social : @Techmeme — Musk: make mes...
Amazon rolls out Amazon Clinic to all 50 US states and DC, available via video visits; message-based chat is only available in 34 states
- Amazon is expanding its virtual clinic service nationwide. — The company launched Amazon Clinic last November as a way for patients to connect …
Adobe, Apple, Autodesk, Nvidia, Pixar, and the Linux Foundation form the Alliance for OpenUSD, aiming to standardize Pixar's Universal Scene Description
Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD).
The FBI says a contractor misled the agency and used NSO's Landmark to track people in Mexico without consent; the FBI terminated the contract in April 2023
After a Times report, the bureau canceled its contract with a government contractor that used the tool on its behalf. But questions remain.
Q&A with Uber CEO Dara Khosrowshahi on Uber for Teens and potential issues, rising prices, profitability, Lyft, DoorDash, driving for Uber, AI, and more
Uber announced its first-ever operating profit … Jackie Davalos / Bloomberg : Uber Falls as Focus Shifts From First Profit to Slow Growth Alex Popovics / The Rideshare Guy : Uber Driver's Guide to San...
The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and plans to try out the server for six months
The BBC has launched its own “experimental” Mastodon server, marking one of the first major news outlets to establish an instance on the Twitter alternative.
Sources: senior EU and US officials are concerned about China's accelerated push into the production of older-generation chips made with 28nm equipment or above
- China is building more plants than others despite US sanctions — Officials are worried about impact on domestic chip plans
Under EU pressure, Meta offers to seek user consent in Europe for targeted ads based on users' activity to comply with GDPR, sources say as soon as October 2023
Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity
Binance announces an exchange in Japan that complies with local rules and offers 34 tokens, open for applications in mid-August before a December 1 launch
- Local platform is intended to fully comply with Japanese rules — Binance facing regulatory pressure in other parts of the world
Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote
- Customer claims to be valued in US dollars as of bankruptcy — Company hasn't ruled out rebooting offshore exchange
Neon, a serverless PostgreSQL database startup, raised a $46M Series B led by Menlo Ventures, taking its total funding to $104M, after launching in 2022
Neon, a serverless PostgreSQL database company, announced it has successfully raised $46 million in a series B round of funding.
Networking startup Nile, founded by ex-Cisco executives, raised a $175M Series C co-led by March Capital and Saudi Arabia's Sanabil, taking its funding to $300M
Nile, a networking startup co-founded by former Cisco Systems executives John Chambers and Pankaj Patel, has raised $175 million …
The SEC charges Hex crypto project founder Richard Heart with raising over $1B via unregistered securities offerings, including Hex, PulseChain, and PulseX
I was shocked that anyone would give him their money but 2021 was a crazy time. … Twitter: @secgov : Today we charged Richard Heart (aka Richard Schueler) and three unincorporated entities that he con...
A look at South Korea's position in the tech “cold war”, as the country pivots away from China's economy and prepares to comply with the US-led China chip ban
albeit untrumpeted — pivot away from the Chinese economy. My latest Big Read for the FT: https://www.ft.com/... @financialtimes : South Korea's chips and batteries are vital to Washington's and Beijin...
A new Russian law mandates that internet platforms verify new users' identities via state-approved systems before granting access, starting in December 2023
President Putin has signed off on legal amendments that threaten to destroy online anonymity, crush free speech, and stifle innovation. Forums: r/privacy Forums: r/privacy : Putin Outlaws Anonymity: I...
China restricts civilian drone exports, citing Russia's war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022
https://apnews.com/... Twitter: @zagonel85 : China announced export controls on some drones and drone-related equipment, saying it wanted to safeguard “national security and interests” amid escalating...
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30
Yogita Khatri / The Block :
A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a “plausible claim” that UST and LUNA may have violated securities law
ie directly to institutional investors versus to retail investors on exchanges. [image] John Reed Stark / @johnreedstark : Newsflash: Ripple Decision Already in (Big) Trouble SDNY District Judge Jed R...
The UK CMA reopens its consultation on Microsoft's Activision deal, an unusual move that could lead to a reversal of the decision to block the deal
Cristina Criddle / Financial Times :
Threat intelligence and dark net monitoring startup Cyble raised a $24M Series B co-led by Blackbird Ventures and King River Capital
Cyble, a cybersecurity startup that styles itself as a “threat intelligence provider,” today announced that it raised $24 million in a Series B funding round co-led …
Rapyd, which offers payment APIs, plans to acquire Prosus' payments unit PayU for $610M, excluding its operations in India, Turkey, and Southeast Asia
Ingrid Lunden / TechCrunch :
Snap launches a new Lens Creator Rewards program for Snapchat to give AR creators and developers a chance to earn up to $7,200/month for top performing Lenses
Aisha Malik / TechCrunch :
The global race to develop quantum computing, encryption, and more demands balancing protectionism and the spirit of cooperation for the US and its allies
Damien Cave / New York Times : Twitter: @aspi_org . LinkedIn: Michael Biercuk Twitter: @aspi_org : This @nytimes article mentions the @ASPI_CTS ‘Critical Technology Tracker’ detailing how “China appe...
How popular gaming platforms like Minecraft and Roblox are being used to promote Russia's war narrative, influencing some young and Russian-speaking audiences
All of our coverage of the war in one place — Since Vladimir Putin ordered … Lawrence Freedman / New Statesman : There is only one way to win a war of attrition The Hill : Musk, anti-hate-speech gro...
Apple removes many generative AI apps from its China App Store, supposedly over 100, ahead of China's new generative AI rules taking effect on August 15
Rita Liao / TechCrunch :
Pearson plans to launch generative AI study tools for the upcoming academic year, including an “On a Tight Schedule” feature to summarize key learning points
Charlotte Hughes-Morgan / Bloomberg :
A German data watchdog has been investigating Worldcoin since November 2022 due to concerns over the project processing “sensitive data at a very large scale”
Elizabeth Howcroft / Reuters :
The California Privacy Protection Agency plans to review manufacturers' treatment of data collected from vehicles, including locations and images from cameras
Joseph Menn / Washington Post :
DoubleVerify, which offers software for digital media measurement and analytics, agrees to acquire digital ad campaign optimization company Scibids for $125M
Ray Schultz / MediaPost :
Amazon will require streaming services on Fire TV to give 30% of their ad impressions to Amazon, or in certain countries share 30% of ad revenue, from Sept. 1
Seoul-based Finda, which runs an online loan comparison service, raised a ~$37M Series C from JB Financial and 500 Global; Finda brokered ~$3B in loans in 2022
Shruti Khairnar / FinTech Futures :
Sources: Nvidia asks some cloud provider startups for their customers' names; the company also ensures some upstart cloud providers get early new chip shipments
Anissa Gardizy / The Information :
Ampere Analysis: ad tiers from Netflix, Disney, and others have collectively crossed 100M users in the US; 90%+ of Hulu subscribers are on its ad-supported tier
Airalo, which offers affordable eSIM roaming packages for travelers, raised a $60M Series B led by e& Capital at a $280M post-money valuation
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Email fatigue is real: Here's how smart email tools help you regain control
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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.