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July 31, 2023, 11:50 AM
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Top News

New York Times:
Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made “troubling and baseless claims” to hurt Twitter and its ad business  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …
Scott Chipolina / Financial Times:
Brian Armstrong says the SEC asked Coinbase to halt trading all crypto except bitcoin without explaining its interpretation of the law, before it sued Coinbase  —  Request would have meant ‘the end of the crypto industry in the US’, according to Brian Armstrong
Mark Gurman / Bloomberg:
A deep dive into Apple's plans for the new iPhones and Watches coming this fall, including iPhone 15 Pro with 1.5mm bezels, a step towards a borderless iPhone  —  Apple is just weeks away from introducing the iPhone 15 and next-generation watches.  The new lineup will mark another stepping stone toward …
Julie Jargon / Wall Street Journal:
Apple confirms a Screen Time bug, letting kids go over the time limits imposed by parents to use apps and games, but doesn't offer a timeline for a fix  —  Settings aren't sticking; the company says it's working ‘to improve the situation’  —  Apple's Screen Time controls are failing parents.
Yogita Khatri / The Block:
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30  —  - In its latest attestation report, Tether said it had a net profit of $850 million in the second quarter.
The Economic Times:
Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B  —  The US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.  —  New York-headquartered investment firm Tiger Global informed its limited partners …
CoinDesk:
Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk  —  More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum's DeFi ecosystem.
Rohan Goswami / CNBC:
A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B  —  - A private-equity consortium will take software provider New Relic private at $87 a share, the company announced Monday.
Jose Antonio Lanz / Decrypt:
After a digital artist opted out of the Stable Diffusion training set, the community made a model copying his style, raising questions around open-source models  —  More popular than Picasso and Leonardo Da Vinci among AI artists, Greg Rutkowski opted out of the Stable Diffusion training set.
Molly White:
Worldcoin presents a solution in search of its problem, has a shaky ethical foundation, and lacks decentralization or a robust approach to privacy  —  Worldcoin doesn't seem to know what problem it's trying to solve, but they want to scan your eyeballs anyway.
Neeta Lal / Nikkei Asia:
Some Indian broadcasters are using lifelike AI anchors to deliver news, weather reports, and more, raising job loss fears and questions about media credibility  —  Virtual anchors mean no ‘ego hassles’ in newsrooms, but will they kill jobs?  —  A screenshot from Odisha TV's YouTube channel shows Lisa …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, July 31, 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

Daniel Thomas / Financial Times:
Sources: New York Sun owner Dovid Efune is launching a new “British bid” to buy The Telegraph with backing from Brexit backer Jeremy Hosking and Nadhim Zahawi

Financial Times:
Sources: BT is in advanced talks to sell its 50% stake in TNT Sports UK to WBD, its joint venture partner, and could announce the deal as early as next week

Wall Street Journal:
The US DHS says it is considering taking part in a reality show where immigrants compete for US citizenship, an idea that was pitched by producer Rob Worsoff

More News

Mark Townsend / The Guardian:
Source: UK Home Office plans to ask the privacy regulator for expanding facial recognition in shops, in contrast to the EU's ban of the tech in public spaces
More: Forbes and Reclaim The Net
Mastodon: @bobjmsn@mastodon.scot.  Twitter: @edwinhayward.  LinkedIn: Stewart Room.  Forums: r/unitedkingdom, r/ukpolitics, and r/Labour

Earlier Picks

Jack Shenker / The Guardian:
An in-depth look at a January strike at Amazon's BHX4 Coventry warehouse, a carefully planned and legal effort, the likes of which Amazon UK had never faced
Tate Ryan-Mosley / MIT Technology Review:
A look at C2PA, a standard that relies on cryptography to encode provenance information of media content, started by Adobe, Arm, Intel, Microsoft, and Truepic
Allison Parshall / Quanta Magazine:
An interview with Yael Tauman Kalai, a Microsoft cryptographer who won the 2022 ACM Prize in Computing, on cryptography, “post-quantum” security, and more
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