Techmeme
July 3, 2023, 5:30 PM

Top News

Dave Lee / Bloomberg:
Twitter offering no timeline for its “temporary” reading limits, with CEO Linda Yaccarino keeping mum, could create a perfect opening for Meta to launch Threads  —  It was a trying weekend for those who still believe Elon Musk has what it takes to turn Twitter into a success story.
Ivan Mehta / TechCrunch:
TweetDeck users report major problems, including notifications and entire columns failing to load, after Elon Musk's new read limits; home timelines still load  —  Over the weekend, Elon Musk limited the number of tweets users can read in a day, which he said was to prevent data scraping.
Manish Singh / TechCrunch:
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Financial Times:
Sources: Apple and Luxshare cut Vision Pro production plans from 1M to fewer than 400K units in 2024 due to many manufacturing problems for the $3,500 headset  —  Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems  —  Apple has been forced to make drastic cuts …
New York Times:
A look at the cottage industry of tech contractors in Russia, many employed by oligarch-linked Citadel Group, building digital surveillance tools for the FSB  —  Russia is incubating a cottage industry of new digital surveillance tools to suppress domestic opposition to the war in Ukraine.
Insider:
Instagram's Twitter-like “text-based conversation app” Threads has appeared in the Google Play store in some European countries  —  - Instagram appears to be getting ready to launch its Twitter-rival app called “Threads.”  — The app has been in development since Jan …
Bloomberg:
China imposes export restrictions on gallium and germanium, used to make chips and other electronics, starting on August 1, likely raising manufacturers' costs  —  China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications …
New York Times:
Sources detail ByteDance's book publishing push and uneven playing field concerns; BookScan: 100+ authors with large #BookTok followings had $760M in 2022 sales  —  As ByteDance launches a publishing company, many in the book world wonder if it will create an uneven playing field by boosting its own authors at the expense of others.
Wall Street Journal:
Sources: Meta held talks with Tencent and other Chinese tech companies about selling Quests in China, but Mark Zuckerberg's past China comments may cause issues  —  Meta is in talks with Tencent to bring Meta's Quest VR headset to a huge new market, but potential partners worry about Zuckerberg's past criticisms of China
More: Insider, PYMNTS.com, and New York Post
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