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Techmeme
July 15, 2023, 6:55 PM
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Top News

Tim Bradshaw / Financial Times:
The UK CMA pushes back its July 18 deadline to block Microsoft's Activision Blizzard acquisition to August 29, which could mean the deal closes within six weeks  —  New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks
Jordan Novet / CNBC:
The US Court of Appeals for the Ninth Circuit denies the FTC's motion for an injunctive relief to stop Microsoft's Activision Blizzard acquisition from closing  —  In a victory for Microsoft, the U.S. Appeals Court for the Ninth Circuit late on Friday denied the Federal Trade Commission's appeal …
Jahnavi Nidumolu / Reuters:
Elon Musk says a ~50% ad revenue drop and a heavy debt load kept Twitter cash flow negative; he said in March 2023 the company could be cash flow positive in Q2  —  Elon Musk said Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.
Dan Goodin / Ars Technica:
Microsoft's disclosures about Chinese government hackers accessing US government email accounts try to obscure the role of the company's zero-days in the breach  —  Critics also decry Microsoft's “pay-to-play” monitoring that detected intrusions.  —  On Friday, Microsoft attempted to explain …
Igor Bonifacic / Engadget:
Bluesky adds the N-word to a “reserved” words list, after users reported that some usernames include the slur, highlighting the site's ongoing moderation issues  —  The oversight highlighted an ongoing moderation issue at the platform.  —  Before this week, Bluesky …
Rhiannon Williams / MIT Technology Review:
Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality  —  People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don't, a study found.
Matt Binder / Mashable:
Reddit users report their private messages from before 2023 disappeared; Reddit points to a June 22 changelog announcing the change would take effect on June 30  —  Many Redditors were caught off guard by the removal of their chat and message history.  —  The Reddit blackout protests …
Sohee Kim / Bloomberg:
A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth  —  - President says new anime markets like India will drive growth  — Global expansion helps owner Sony boost entertainment content
Christopher Mims / Wall Street Journal:
Twitter could become irrelevant if the trends driving Threads' success, like network effects, Elon Musk's self-inflicted wounds, and a different vibe, persist  —  Threads, from Instagram, has many distinct qualities that make it the first credible threat to Elon Musk's vision of what a social network should be
Sky News:
Some Etsy sellers say the platform imposed a 45-day reserve on 75% of their income with no warning, as part of its Purchase Protection program to cover refunds  —  Sellers say the online marketplace is imposing a temporary reserve on their sales under its new ‘purchase protection programme’ …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:55 PM ET, July 15, 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

Jill Goldsmith / Deadline:
Lachlan Murdoch says the new Fox streaming service will be called Fox One and Fox plans to launch it the start of football season in fall 2025

The Guardian:
Sources: the UK Foreign Office asks the BBC World Service to draw up a budget of up to £70M per year lower than the BBC management says it needs

Max Tani / Semafor:
G. Elliott Morris, the data journalist who took over 538 in 2023, launches Strength In Numbers, a paid Substack; his relationship with ABC deteriorated in 2024

More News

Bill Toulas / BleepingComputer:
Updraft patches its AIOS WordPress plugin, which logged plaintext passwords and is used by 1M+ sites; Updraft didn't warn its users during the exposure period
Amanda Silberling / TechCrunch:
Creator monetization platform Passes, founded in 2022, plans to acquire rival Fanhouse, founded in 2020; some creators are worried and one Fanhouse founder quit
Brendan Pierson / Reuters:
A US appeals court temporarily blocks a lower July 6 court order sharply limiting US government officials' and agencies' contacts with social media companies

Earlier Picks

Lora Kolodny / CNBC:
On Twitter Spaces, Elon Musk says that xAI plans to work with Tesla on silicon and AI software, and train AI on public tweets “like basically everyone else has”
Matt Levine / Bloomberg:
The Ripple ruling implies securities laws protect only sophisticated investors, the opposite of the US stock market's rule, and seems likely to work out poorly
Matt Wales / Eurogamer.net:
Larry “Major Nelson” Hryb, Xbox's senior director of corporate communications, is leaving Microsoft after 22 years to “work on the next chapter of my career”
Tim Copeland / The Block:
Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets
Amanda Silberling / TechCrunch:
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets
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