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Techmeme
July 1, 2023, 11:10 AM
Mediagazer memeorandum WeSmirch
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Top News

Matt Binder / Mashable:
Elon Musk claims Twitter login requirement is a “temporary emergency measure” as “several hundred” orgs were “scraping Twitter data extremely aggressively”  —  Twitter is currently blocking visitors from viewing tweets and profiles unless they are logged in.
Jay Peters / The Verge:
Major third-party Reddit apps Apollo, Sync, and BaconReader shut down, as Reddit prepares to enforce its new API rate limits “shortly”  —  After a month of outrage, protests, and unrest from the community, Reddit has finally flipped the switch to shut down some third-party apps.
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.
Ari Levy / CNBC:
Nasdaq gained 32% in H1 2023, its best first half since 1983's 37% rise; Nvidia is up 195%+, Meta is up 130%+, Apple and Amazon are up 50%+, Alphabet is up 34%+
Christopher Mims / Wall Street Journal:
Generative AI can make experienced programmers more productive, potentially eliminating tasks done by junior developers as companies use the tech to save money  —  Artificial-intelligence software is eating the software industry, as companies turn to generative AI tools to save money on programmers.
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
Bloomberg:
Fidelity, Invesco, VanEck, and WisdomTree refile for a spot bitcoin ETF with Coinbase as market surveillance provider, to answer the US SEC's objections  —  In a flurry of Friday afternoon activity, Fidelity Investments, Invesco, VanEck and WisdomTree filed a fresh set of applications …
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.
NBC News:
The FBI says it formed an online database in May to prevent swatting by facilitating coordination between police departments and law enforcement agencies  —  Advances in technology allow callers to mask their voices, phone numbers or IP addresses (also called “spoofing") or make their false 911 calls sound more credible.
Christian Davies / Financial Times:
YouTube removes the channels of three North Korean influencers posting about their daily life, after South Korea labelled them as “psychological warfare” tools  —  Seoul says young influencers promoting Harry Potter and water parks are ‘psychological’ propaganda
More: NK News and Reuters
Mastodon: @kkarhan@mstdn.social.  Twitter: @parismarx, @nknewsorg, and @realcalebmaupin
Wilfred Chan / Fast Company:
TSA plans to expand its facial recognition program to ~430 US airports, says its algorithms are 97% effective “across demographics, including dark skin tones”  —  The Transportation Security Administration (TSA) is preparing to expand its controversial facial recognition program …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:10 AM ET, July 1, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Brian Steinberg / Variety:
WBD reports Q1 revenue down 10% YoY to $8.9B, net income down 53% to $453M, $2.6B streaming revenue, $339M streaming adjusted EBITDA, and 122.3M streaming subs

Eshe Nelson / New York Times:
President Trump's threatened 100% tariffs on foreign films causes anxiety in the UK industry; nearly 90% of the £5.6B spent on 2024 production came from abroad

Chris Vallance / BBC:
The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors

More News

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
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
More: TechCrunch, The Independent, ZDNet, BleepingComputer, Washington Post, The Indian Express, Forbes, Insider, Livemint, Android Authority, Android Central, Android Police, WRAL TechWire, 9to5Mac, Mashable, Neowin, Engadget, and Nysh's niche
Bluesky: @alpaye.bsky.social, @trevor.bsky.social, and @burrito.space
Mastodon: @raygan@bird.rodeo, @ahimsa_pdx@disabled.social, @juston@mastodon.social, @carnage4life@mas.to, @seldo@alpaca.gold, @aulia@octodon.social, @shoq@mastodon.social, and @lubianat@scholar.social
Twitter: @elonmusk, @timsweeneyepic, @titterdaily, @jsrailton, @zoeschiffer, @stephen_kent89, @speitsch, @yuris, @mgsiegler, @timsweeneyepic, @elonmusk, @jw, @vicorib, @triketora, @adamscochran, @ben8128, @wbm312, @elonmusk, @peter, @nash076, @dalmaer, @taylorlorenz, @shaig, @keithdsouza, @stevesi, @catacalypto, @gigawattconduit, @adribbleofink, @djangowexler, @girlmeetsgeek, @dietrich, @marshacollier, @pati_gallardo, @jotamide, @iansherr, @ziggyofak, @mgsiegler, @arjunram, @hamburger, @paullomax, @dsquareddigest, @jgarzik, @harrymccracken, @jagrbombed, @aclippinger, @eriz35, @zenofdesign, @loganalogy, @youngbitcoin, @dimensionmedia, @kayworxx, @9six7, @mediaevan, @hulkamatt, @chknpuppetmk5, @bradymweiler, @domdifurio, @jeffveillette, @edzitron, @bobdaduck, @gosearchmatters, @pt, @rustybrick, @midwesthedgie, @kevinrothrock, @tree_of_alpha, @moneroprophet, @psychic_brian33, @austen, and @krausefx
Forums: Hacker News, r/EnoughMuskSpam, r/Fighters, r/Twitter, and r/technology
See also Mediagazer

Earlier Picks

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
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
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
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
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
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