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June 24, 2023, 11:20 AM
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| Mark Matousek / The Information: |
Social media startup IRL is shutting down after an investigation by its board concluded that 95% of its claimed 20M MAUs were “automated or from bots” — Last year, the CEO of messaging app IRL repeatedly said it had 20 million monthly active users, who chatted about shared interests and planned real-world events together.
LinkedIn: Michael Jackson. Bluesky: @darthbluesky.bsky.social. Mastodon: @carnage4life@mas.to. Twitter: @jessicalessin, @katie_roof, @martinsfp, @bennetttomlin, @ryxcommar, @theryanford, @brianstelter, @chrisalbon, @zachweinberg, @cindygallop, @bryce, @cgrantwsj, @joshuaogundu, @joepostingg, and @counternotions. Forums: r/technology
| Rani Molla / Vox: |
Startups are using remote work to attract talent; report: 81% of companies with fewer than 5K employees offer remote work vs. 26% for those with 25K+ employees — How small tech companies are using remote work to compete with the big guys. — It used to be that Big Tech companies like Google …
More: The Flex Index on Canva, The Flex Index, and Tech.co
LinkedIn: Rob Sadow, Joanne Mangan, Amy Diehl, PhD, and Bruce Daisley. Mastodon: @folletto@mastodon.social
| Alex Heath / The Verge: |
Sources: Meta is planning to release its Twitter competitor in mid-July and is pitching big-name celebrities to join a platform that will be “sanely” run — Mark Zuckerberg is the overwhelming favorite to beat Elon Musk in a cage match. Will it actually happen?
More: CNBC, iPhone in Canada Blog, Vox, New York Post, Bitcoinist.com, MarketWatch, Forbes, International Business Times, Insider, Casino.org, Coinspeaker, Beehaw, PCMag, Dexerto, Memeburn, TweakTown, and Livemint
Twitter: @hollygo55, @eladnehorai, @petergyang, @alexeheath, @charlieimperium, @jamesdubhthaigh, @alexeheath, @wyskrn, @alexeheath, @johnnicolay, @patyale, @slugtalesnews, and @yoda
| Manish Singh / TechCrunch: |
Andy Jassy says Amazon plans to invest another $15B in India by 2030, mostly for AWS expansion; in May, AWS announced plans to invest $12.7B in the country — Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster …
More: About Amazon India, Moneycontrol, Business Today, Livemint, The Economic Times, DNA India, Techlusive, and Tech in Asia
Twitter: @ajassy, @pmoindia, @yusufdfi, @amitagarwal, @adityakalra, and @adityarajkaul. Forums: Slashdot
| The Economic Times: |
More: Livemint, Moneycontrol, Moneycontrol, Business Today, Outlook, CNBC-TV18, Hindustan Times, News18, The Hindu BusinessLine, NDTV, India Today, Times of India, Firstpost, Bloomberg, Livemint, Livemint, Techlusive, and PYMNTS.com
Twitter: @pmoindia, @ani, @moneycontrolcom, and @sundarpichai
| Tom Warren / The Verge: |
At the FTC v. Microsoft hearing, Phil Spencer says Microsoft bought ZeniMax for $7.5B to stop Starfield and other Bethesda games becoming PlayStation exclusives — Microsoft's Xbox chief has revealed one of the key reasons behind the acquisition of Bethesda parent company ZeniMax: potential Starfield PlayStation exclusivity.
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Twitter: @tomwarren and @gossithedog
Forums: r/gamingnews, r/Starfield, r/Starfield, r/Games, and r/XboxSeriesX
| Miles Kruppa / Wall Street Journal: |
Internal email: Google invited employees to test a product called Playables, which lets users play games like Stack Bounce instantly via the YouTube site or app — The new service, called ‘Playables,’ is part of CEO's push into new areas amid advertising slowdown
More: Eurogamer.net, Neowin, and Reuters
| Nico Grant / New York Times: |
NetBlocks: at least five Russian telcos block Google News and several other ISPs are reducing access, as Russia's feud with a mercenary leader intensifies — At least five telecommunications companies have blocked the service, which aggregates news from various sources, according to an analysis from NetBlocks, an internet observatory.
More: The Verge, Forbes, Reclaim The Net, and New York Post
Twitter: @netblocks, @nytimes, @nicoagrant, @mediaactive, @mattglassman312, and @andreasharsono
| Wall Street Journal: |
Sources: IBM is close to a deal to acquire cloud-based IT management startup Apptio from Vista Equity Partners for ~$5B; Vista acquired Apptio for ~$2B in 2019 — Purchase of Apptio, owned by private-equity firm Vista Equity Partners, could be finalized over the weekend| Wired: |
How companies are repurposing military-grade AI, built by US defense contractors for intelligence, to identify labor organizing, internal leakers, and critics — Spycraft developed by defense contractors are now being sold to employers to identify labor organizing. Regulators must step up to protect workers' privacy.| Zack Whittaker / TechCrunch: |
A US federal court sentences UK citizen Joseph James O'Connor to five years in prison for helping hack into dozens of high-profile Twitter accounts in July 2020 — Prosecutors called for the British hacker to serve at least seven years — Three years after one of the most visible hacks …
More: The Guardian, Matthew Russell Lee's …, Bloomberg, The Verge, and DataBreaches.net
Mastodon: @zackwhittaker@mastodon.social. Twitter: @innercitypress, @innercitypress, @joetidy, and @frasermatthew
| Benj Edwards / Ars Technica: |
Midjourney adds a “zoom out” feature that builds out a larger scene around images generated within the AI service, simulating zooming out with a camera lens — Midjourney v5.2 features camera-like zoom control over framing, more realism. — On Thursday, Midjourney unveiled version 5.2 …
More: PetaPixel and The Decoder
Mastodon: @TriflingTree@mastodon.social, @TriflingTree@mastodon.social, and @WeavingWithAI@sigmoid.social
Twitter: @theastrollnaut, @nickfloats, @iam_chonchol, @jeffberezny, @karbonsays, @midjourneychris, @mrjonfinger, @lifeofc, @nickfloats, @emollick, @jamesyeung18, @ai_s_a_m, @cakedroid, @nickfloats, @bl_artcult, @minchoi, and @smokeawayyy. Forums: Ars OpenForum
| New York Times: |
A profile of Michael Kives, a Hollywood agent turned investor, as FTX's bankruptcy lawyers sue his VC firm K5 Global to recover the $700M that SBF had invested — Michael Kives, a former Hollywood agent, connected FTX's founder to Katy Perry, Orlando Bloom, Bill Clinton and others.
More: Bitcoin News, Unchained Crypto, Bitcoinist.com, Cryptopolitan, Blockworks, Fortune, CryptoSlate, CryptoPotato, Cointelegraph, The Block, Cryptonews, Watcher Guru, and CoinDesk
Twitter: @nytimesbusiness, @eringriffith, and @icodrops
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