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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.
More: IGN, The Verge, TechSpot, Windows Central, Windows Central, Game Rant, Metro, GameSpot, Bloomberg, CNET, Wccftech, TheGamer, Dot Esports, PC Gamer, WhatIfGaming, Pure Xbox, Appuals.com, Neowin, Gamereactor UK, Beehaw, Polygon, GamingBolt, Game Developer, Eurogamer.net, and TrueAchievements
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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