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July 12, 2023, 6:55 AM
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Jordan Novet / CNBC:
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm  —  - A federal judge in San Francisco ruled in favor of Microsoft and Activision Blizzard, which have been trying to complete their $68.7 billion deal by July 18.
Cecilia Kang / New York Times:
Critics say FTC Chair Lina Khan's take-it-to-the-courts strategy is flawed, ahead of a House Judiciary Committee hearing to “examine mismanagement of the FTC”  —  Lina Khan has said a fear of defeat should not deter the agency from suing big tech companies.
Tom Warren / The Verge:
Microsoft and the UK CMA agree to a “stay of the litigation” to negotiate a restructured Activision Blizzard deal, after a US court denied the FTC an injunction
Mike Isaac / New York Times:
Threads can avoid Google+'s failure by not simply relying on the scale of Meta's existing products, but by giving users a compelling reason to keep coming back  —  Mark Zuckerberg has used Meta's might to push Threads to a fast start — but that may only work up to a point.
Ben Thompson / Stratechery:
Twitter's best defense against Threads may be to refocus on news and reactions from people you follow, leaving growth via algorithmic feeds to Threads  —  If you're only going to tweet once every 11 years, then you better make it count; the best way to do just that is to pull off a well-executed meme:
Frederic Lardinois / TechCrunch:
Linux distribution company SUSE plans to create a hard fork of Red Hat Enterprise Linux, investing $10M into the project over the coming years  —  A storm is brewing in open-source land that could change the Linux distro landscape  —  Today, SUSE announced that it is creating a hard fork …
Andrew Deck / Rest of World:
A look at the global freelancer labor force on sites like 99designs, some of whom are early generative AI adopters and are most at risk of being replaced by AI  —  The global labor force of outsourced and contract workers are early adopters of generative AI — and the most at risk.  —  R
See also Mediagazer
New York Times:
Microsoft says Chinese hackers gained access to US government email accounts and had access to some accounts for a month before the breach was detected  —  The hack, by a Chinese group that the company said was intent on conducting espionage, went undetected for a month.  —  Reporting from Washington
Mark Hachman / PCWorld:
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners  —  Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.
Andy Greenberg / Wired:
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018  —  Roger Thomas Clark, also known as Variety Jones, will spend much of the rest of his life in prison for his key role in building the world's first dark web drug market.
Kevin Roose / New York Times:
Interviews with executives and staff at Anthropic reveal how an obsession with AI safety and ties to effective altruism influence the startup's decisions  —  Anthropic, a safety-focused A.I. start-up, is trying to compete with ChatGPT while preventing an A.I. apocalypse.  It's been a little stressful.
Rachel Metz / Bloomberg:
Anthropic releases AI chatbot Claude 2, available in the US and the UK via claude.ai and an API for businesses; Anthropic has raised $1B+, $450M in May 2023
Catherine Thorbecke / CNN:
A California law firm launches a class-action suit against Google, alleging user data scraping without consent for AI training, after a similar OpenAI suit  —  Google was hit with a wide-ranging lawsuit on Tuesday alleging the tech giant scraped data from millions of users without their consent …
Mark Maurer / Wall Street Journal:
Accounting firm KPMG plans to invest $2B in AI and cloud services globally over the next five years through an expanded partnership with Microsoft  —  Expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm says

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From Mediagazer

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

More News

Brody Ford / Bloomberg:
Salesforce plans its first price hike in seven years by ~9% for some products like Tableau and Sales Cloud, effective August 2023 for new and existing customers

Earlier Picks

TechCrunch:
India plans to levy a 28% indirect tax on online gaming, casinos, and horse racing, denying a distinction between a “game of skill” and a “game of chance”
Nikhilesh De / CoinDesk:
The US DOJ arrests a security engineer on wire fraud and money laundering charges for “fraudulently” taking $9M in crypto from a DEX by faking pricing data
Kyle Barr / Gizmodo:
Nothing plans to launch the Phone (2) for $599+ in the US, Europe, and the UK on July 17; the device has a Snapdragon 8+ Gen 1 and rear “glyph” lights in zones
Susan Rinkunas / Jezebel:
A Nebraska woman pleads guilty to ordering and helping her 17-year-old daughter take abortion pills after Meta complied with a warrant for messages between them
Michael Shirer / IDC:
Global PC shipments fell 13.4% YoY to 61.6M in Q2 2023, the sixth consecutive quarter of decline; in the top five, only Apple gained, up 10.3% YoY to 5.3M units
Martin Pengelly / The Guardian:
With Twitter traffic “tanking” and Threads ascendant, Elon Musk says Mark Zuckerberg “is a cuck” and proposes “a literal dick-measuring contest”
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