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June 30, 2023, 5:35 PM
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Top News

Jess Weatherbed / The Verge:
Twitter no longer lets users browse tweets, user profiles, and comment threads on the web without logging in, redirecting Twitter URLs to the sign in page  —  If you currently try to access Twitter without logging in to your user account, you may find you're unable to see any of the content …
David Pierce / The Verge:
Ten years after Google killed Google Reader, the team that built the much-beloved RSS app reflects on what went wrong and what could have been  —  Ten years after its untimely death, the team that built the much-beloved feed reader reflects on what went wrong and what could have been.
Hayden Field / CNBC:
Apple becomes the first publicly traded company to close with a $3T market cap; the company first hit a $3T market cap during intraday trading in January 2022  —  - Apple's market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone, according to CNBC's most recent share count.
Carly Page / TechCrunch:
TSMC confirms experiencing a data breach after the LockBit ransomware gang listed the company as a victim; LockBit is demanding $70M to not publish stolen data  —  Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, has confirmed it's experienced …
Vicky Ge Huang / Wall Street Journal:
Sources: the US SEC told Nasdaq and Cboe that their spot bitcoin ETF applications on behalf of BlackRock and others aren't sufficiently clear and comprehensive  —  Regulator tells Nasdaq, Cboe that recent filings from BlackRock, Fidelity and others aren't clear and comprehensive
Bloomberg:
Filing: Fidelity refiles for a spot bitcoin ETF with the US SEC, after similar applications from BlackRock, Invesco, WisdomTree, Valkyrie, Bitwise, and others
Matt Binder / Mashable:
Some developers paying for Twitter's API, including the $42K/month Enterprise tier, say they are experiencing outages, bugs, and poor or no customer support  —  Everything worked fine until Elon Musk took over.  —  Twitter's new API may now cost tens of thousands of dollars per month …
Daryna Antoniuk / The Record:
Hackers claim responsibility for attacking Russian satellite internet service Dozor-Teleport; the IODA project says the network went down at 10pm EST on June 28  —  A group of previously unknown hackers has claimed responsibility for a cyberattack on the Russian satellite communications …
Javier Espinoza / Financial Times:
Executives from over 150 European companies sign an open letter saying the draft AI Act would jeopardize the EU's competitiveness without addressing challenges  —  Executives from 150 businesses, including Siemens and Heineken, highlight risks of tight regulation
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more  —  American Express in talks to take over Goldman's card deal, other ventures with tech giant
Emma Roth / The Verge:
The FTC proposes penalizing companies for shady review practices, including fining companies buying fake reviews up to $50K for each time a customer sees one  —  If you, too, are so very tired of not knowing which reviews to trust on the internet, we may eventually get some peace of mind.
Allison Schiff / AdExchanger:
Email: ad platform MediaMath, which had raised $600M and was reportedly valued at $1B+ in 2018, plans to file for bankruptcy, after acquisition talks fell apart  —  The house Joe Zawadzki built will be foreclosed.  —  AdExchanger has learned that the demand-side platform …
Nitish Pahwa / Slate:
Canada may think Bill C-18 still has more room for negotiation, based on Meta's 2021 deal with Australia, but tech platforms no longer view news as valuable  —  On June 22, the Canadian Parliament passed Bill C-18, also known as the Online News Act.  The new law, according to a government news release …
Tom Warren / The Verge:
A summary of the final day and closing arguments in the FTC v. Microsoft hearing; the FTC focused most of its case on Call of Duty and Xbox console exclusivity  —  FTC v. Microsoft is over, but who won? … Judge Jacqueline Scott Corley took the opportunity to reflect, too …
Reuters:
The UK CMA worries Adobe's $20B Figma acquisition “could stifle innovation and lead to higher costs” and gives Adobe five days for proposals to address concerns  —  Britain's competition regulator on Friday said Photoshop owner Adobe Inc's (ADBE.O) $20 billion buyout …
Sachin Ravikumar / Reuters:
The UK amends its Online Safety Bill, requiring higher age verification standards for porn sites and holding executives personally responsible for child safety  —  Britain said on Friday it had tightened protections in its Online Safety Bill that will prevent children from viewing pornography …
Cagan Koc / Bloomberg:
The Netherlands publishes new controls to restrict the export of more ASML machines to China, starting on September 1; ASML doesn't expect a “material impact”  —  The Netherlands published new export controls that will restrict more of ASML Holding NV's chipmaking machines from being sent to China.

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This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, June 30, 2023.

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From Mediagazer

Athena Stavrou / The Independent:
More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza

Dominick Mastrangelo / The Hill:
Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart

CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M

More News

Hooyeon Kim / Bloomberg:
Following the collapse of TerraUSD and Luna, South Korea passes the Virtual Asset User Protection law, which defines digital assets, imposes penalties, and more

Earlier Picks

Andrew DeMillo / Associated Press:
Trade group NetChoice, whose members include Meta and Twitter, sues Arkansas over a law requiring parental permission for minors to open social media accounts
Aaron Holmes / The Information:
Court documents: Satya Nadella said Azure's cloud server business had $34B in revenue in the year to June 2022; AWS generated $72B in revenue in the same period
Sergiu Gatlan / BleepingComputer:
YouTube is running a test globally that limits ad blocker users to three videos, giving them the option to turn off their tool or subscribe to YouTube Premium
Frederic Lardinois / TechCrunch:
Microsoft adds AI-powered shopping tools, including GPT-generated buying guides in the US, to its Bing search engine and the Bing AI chatbot in Edge's sidebar
Jess Weatherbed / The Verge:
Meta publishes a deep dive into how AI recommends Facebook and Instagram content, including 22 “system cards” covering AI use in Feed, Stories, Reels, and more
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