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July 18, 2023, 10:45 AM
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| Casey Newton / Platformer: |
Threads' early growth decisively proved the demand for a new text-based conversation app that could fully supplant Twitter's role in shaping public conversation — One week later, engagement is down — but the prize is still there for the taking — I. — On July 5, Meta released Threads into the world.
More: Similarweb Blog, Livemint, Deadline, iPhone in Canada Blog, The Messenger, PhoneArena, TweakTown, Mashable, Gizmodo, TechCrunch, and Neowin
Twitter: @titterdaily, @caseynewton, @steven_aquino, @sriramk, @caseynewton, and @dannygroner. Threads: @neeraj_sane
| Sarah Perez / TechCrunch: |
Adam Mosseri says spam attacks on Threads “have picked up” so Meta is tightening “things like rate limits” and warns of “unintentionally limiting active people” — It looks like Twitter isn't the only one having to turn to rate limits — or limits on how many posts users can view — as it turns out.
More: Gizmodo, TechRadar, Washington Post, Insider, Pricebaba.com Daily, Silicon Republic, Business Today, Beyond Search, Cointelegraph, Digital Trends, Dexerto, The Overspill, International Business Times, Techlusive, Livemint, Insider, Social Media Today, and PCMag
Twitter: @elonmusk, @mattnavarra, @iamnot_elon, @greg16676935420, @amitisinvesting, @0xgaut, @badgermantv, @iamnot_elon, @libsoftiktok, @rampcapitalllc, @harrymccracken, @zoeschiffer, @stephen_geiger, @liblaughs, @ozraeliavi, @greg16676935420, @richontech, and @efarraro
Threads: @mosseri, @datadrivenmd, @reporterzoe, @tvisgreatest, @reporterzoe, @carnage4life, @crumbler, @oliverdarcy, @sailesh.patel, and @logically.jc
| Wes Davis / The Verge: |
The FCC unveils the US Cyber Trust Mark, a voluntary cybersecurity label for smart devices that will signify that devices meet NIST-set security standards — In a press briefing, Federal Communications Commission (FCC) Chair Jessica Rosenworcel said the new label, called the US Cyber Trust Mark …
More: The White House, The Record, 9to5Mac, Metacurity, Engadget, PCMag, Stacey on IoT, CNN, Washington Post, IoT Now News, TechSpot, CyberScoop, SecurityWeek, Reuters, TechCrunch, WRAL TechWire, KNSD-TV, CNBC, and Nextgov/FCW
| Bloomberg: |
Sources: Microsoft and Activision Blizzard plan to keep seeking the final regulatory approvals for their $69B deal, despite not closing by the July 18 deadline — - UK veto will prevent closing by July 18 deadline in agreement — Companies don't intend to walk away, will continue UK talks
More: Reuters, GamesIndustry.biz, Gameranx, IGN, iPhone in Canada Blog, and Barron's Online
| Reuters: |
The UK's Competition Appeal Tribunal pauses Microsoft's hearing, starting on July 28, of its appeal against the CMA blocking the Activision deal, for two months — Microsoft's (MSFT.O) appeal against Britain's block on its $69 billion takeover of Activision Blizzard (ATVI.O) … | Richard Lawler / The Verge: |
A US appeals court stays for 90 days a ruling letting Apple App Store developers link to third-party payment options, so Apple can prepare a SCOTUS filing — On Monday, Apple was granted a motion putting a hold on the appeals court ruling that would push the company to undo its “anti-steering” …
More: TechCrunch, iPhone in Canada Blog, gHacks Technology News, United States Court of Appeals for the Ninth Circuit, WRAL TechWire, MacDailyNews, SlashGear, Cult of Mac, AppleInsider, MacRumors, and 9to5Mac
Twitter: @timsweeneyepic, @macton93, @fosspatents, and @macton93
Forums: r/gadgets, r/apple, and MacRumors Forums
| Lauren Forristal / TechCrunch: |
Peacock raises its Premium price by $1 to $5.99/month and Premium Plus by $2 to $11.99/month, at once for new customers and on August 17 for current subscribers — Peacock is delivering bad news to its subscribers tonight. Beginning at 12 a.m. ET, the streamer is notifying existing customers …
More: Variety, The Streamable, TechHive, TechRadar, The Hollywood Reporter, PhoneArena, Tom's Guide, Neowin, Deadline, KnowTechie, Android Headlines, PCMag, Appleosophy, The Verge, Next TV, Vulture, Yahoo Entertainment, IMDb, Wall Street Journal, Cord Cutters News, IGN, and TVLine
Twitter: @tvgrimreaper, @c_garthwaite, and @eric_young_1
Forums: r/peacock and r/SquaredCircle
| Inti Landauro / Reuters: |
Spain's antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon's Spanish sites — Spain's antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon …
More: 9to5Mac, Insider Paper, and Tech Xplore
| Peter Kafka / Vox: |
Execs at G/O Media, owner of Gizmodo, Jezebel, and others, say the company will publish more AI-generated stories despite blowback for botched first attempts — Why G/O Media thinks we should have more stories written by bots. — In early July, managers at G/O media … | Bloomberg: |
PDD's Temu sues rival Shein in the US, alleging Shein violated antitrust laws by intimidating clothing manufacturers into supply arrangements that excluded Temu — - Two fast-growing powers in online fashion clash over tactics — Shein dominates ultra fast-fashion with $66 billion valuation
More: Reuters, Tech in Asia, Bloomberg Law, TechNode, Plagiarism Today, and The Information. Twitter: @pelstrom
| Tim Bradshaw / Financial Times: |
Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A — Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security| Alex Isenstadt / Politico: |
A pro-Ron DeSantis super PAC used an AI version of Trump's voice, which appears to be narrating Trump's Truth Social post, in a statewide TV attack ad in Iowa — The spot illustrates the new frontiers in political advertising. — A pro-Ron DeSantis super PAC uses an Artificial Intelligence version …
More: The Hill and Bloomberg
Twitter: @mikehahn_, @robseamans, @gsterling, @mattortega, @alexthomp, @saletan, @yolo304741, and @timcast
| Thomas Brewster / Forbes: |
A look at local US governments' use of Automatic License Plate Recognition startups, like Rekor and Flock, that claim to spot “suspicious” movement patterns — Artificial intelligence is helping American cops look for “suspicious” patterns of movement, digging through license plate databases with billions of records.| Ingrid Lunden / TechCrunch: |
Hammerspace, which offers data orchestration systems for Blue Origin, the NSF, Royal Caribbean Group, and others, raised $56M led by Prosperity7 Ventures — Data may be “the new oil,” but only when it can be extracted and put to use. Today, a five year-old startup called Hammerspace …
More: SiliconANGLE and Hammerspace
| Mercedes Ruehl / Financial Times: |
Nasdaq-listed Grab and Jakarta-listed GoTo, whose stocks are 60%+ below listing price, pare back “superapp” approach by cutting jobs and marginal business units — Grab and GoTo built big followings across south-east Asia but are now cutting marginal businesses| Ingrid Lunden / TechCrunch: |
Tractable, which develops computer vision and AI tools to remotely assess damage to property and vehicles, raised a $65M Series E led by SoftBank Vision Fund 2 — When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries.
More: Reuters, Tech Startups, and Tractable
| Kyle Wiggers / TechCrunch: |
UK-based Netcraft, a cybercrime detection company founded in 1995, raised $100M led by Spectrum Equity in its first fundraising to date — After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation.
More: SiliconANGLE, Netcraft, SecurityWeek, and Help Net Security
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