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August 10, 2023, 3:00 PM
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Top News

Rohan Goswami / CNBC:
In an interview, X CEO Linda Yaccarino says she has “autonomy” under Elon Musk, X plans to add video calls, is “close” to break-even as brands return, and more  —  - X CEO Linda Yaccarino explained to CNBC on Thursday why the company decided to get rid of its Twitter branding.
Nicola Agius / Search Engine Land:
X unveils Sensitivity Settings and Enhanced Blocklist to boost brand safety and control for advertisers, rolling out over the next few weeks in the Ads Manager  —  The new tools give marketers more say over ad placement.  —  X, formerly known as Twitter, has launched two new features …
Hannah Murphy / Financial Times:
X CEO Linda Yaccarino reinstates the company's “client council”, an invite-only group of marketing and ad executives whose members have not yet been decided
Justine Calma / The Verge:
Google, American Airlines, and Bill Gates' Breakthrough Energy partner to create more sustainable flight routes by avoiding those that create contrails  —  Google has been working with American Airlines and Bill Gates' climate investment fund, Breakthrough Energy, to chart more sustainable flight routes.
Dana Mattioli / Wall Street Journal:
Sources: Amazon cuts dozens of in-house brands in clothing, furniture, and more to fend off regulators and grow profits; Amazon says Basics will remain a focus  —  Company's cuts include all but three of its 30 clothing labels, such as Goodthreads and Lark & Ro
Jay Peters / The Verge:
Mark Zuckerberg says Meta plans to add Threads features this week: share posts to Instagram DMs, a mention button, and a way to add custom alt text for media  —  Threads, Meta's Twitter competitor, is getting some new features “this week,” according to a post from CEO Mark Zuckerberg.
Jay Peters / The Verge:
Meta rolls out the ability for Threads users to verify a link to their profile on other social media platforms, like Mastodon, using the “rel=me” attribute
Dan Goodin / Ars Technica:
A closer look at the UK Electoral Commission hack, disclosed nine months after discovery, which likely relied on a now-patched Microsoft Exchange Server flaw  —  Evidence appears to show a critical 0-day tracked as ProxyNotShell was exploited.  —  It's looking more and more likely …
Reuters:
Sources: the Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalizing the Nasdaq-listed Yandex, which has 20K+ staff  —  The Kremlin's fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex …
Alexander Marrow / Reuters:
Yandex co-founder and former CEO Arkady Volozh says “Russia's invasion of Ukraine is barbaric”, as Yandex plans a Russian spin off from its Dutch parent company
Sarah Fielding / Engadget:
To fight spam, YouTube plans to deactivate links in Shorts descriptions, comments, and the vertical feed from August 31 and make social media icons unclickable  —  The move follows other anti-spam measures.  —  YouTube knows that it has a spam problem, particularly when it comes to its two-year-old Shorts feature.
Tom Mitchelhill / Cointelegraph:
Fireblocks discloses BitForge, a set of zero-day flaws affecting widely used crypto wallets; Coinbase, Binance, and Zengo have patched their BitForge flaws  —  Fireblocks said the vulnerabilities affecting Coinbase, Binance and Zengo have since been fixed and has reached out to more than 12 others still at risk.
Andrew Duehren / Wall Street Journal:
Biden signs an executive order banning US companies from investing in some Chinese companies developing advanced chips and quantum computers, starting in 2024  —  Biden's order will also require U.S. private-equity and venture-capital firms to disclose certain investments
Ingrid Lunden / TechCrunch:
Check Point acquires rival cybersecurity startup Perimeter 81 in a ~$490M “cash free, debt free” deal; Perimeter 81 raised $100M at a $1B valuation in June 2022  —  There is yet more M&A coming out of the security industry.  In the latest development, Check Point …
Bloomberg:
Alibaba reports Q1 revenue up 14% YoY to ~$32.3B, vs. ~$31.1B est., and net income up 51% YoY to ~$4.7B, as its core domestic e-commerce unit returned to growth  —  - Core e-commerce returned to growth for first time in a year  — Alibaba is trying to revive its business in a volatile economy
Rosie Perper / CoinDesk:
Y00ts, once a top Solana-based NFT project and that moved to Polygon in December 2022, plans to migrate to Ethereum and to return its $3M grant from Polygon  —  The popular project, which started out on Solana and migrated to Polygon earlier this year, said it would return 100% of the grant money it received.
Lorenzo Franceschi-Bicchierai / TechCrunch:
ESET: since 2014, Belarus-linked hackers, dubbed MoustachedBouncer, have been targeting foreign diplomats in the country by intercepting their ISP connections  —  Hackers with apparent links to the Belarusian government have been targeting foreign diplomats in the country for nearly 10 years, according to security researchers.
Todd Spangler / Variety:
Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and expand Disney+ ad plans to Canada and nine European countries this fall  —  Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall
Adam Chitwood / The Wrap:
Bob Iger says that Disney is “actively exploring ways to address account sharing” and the company “will roll out tactics to drive monetization sometime in 2024”

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From Mediagazer

Harshita Mary Varghese / Reuters:
Warner Bros. Discovery says John Malone is not seeking re-election to the board of directors and will instead take on the role of chairman emeritus

Natalie Korach / Vanity Fair:
Q&A with Bloomberg's Joe Weisenthal and Tracy Alloway on covering Trump's tariffs; their Odd Lots newsletter saw sign-ups jump 142% in April vs. March average

Julian Clover / Broadband TV News:
A group of current and former BBC World Service journalists warn that cuts to the international service risk fracturing “the core identity of the World Service”

More News

Earlier Picks

Nikhilesh De / CoinDesk:
Filing: the US SEC plans to appeal a July 2023 court ruling that Ripple's programmatic XRP sales to retail investors on exchanges didn't violate securities law
CNN:
Filing: Twitter was fined $350K for not giving Trump's account data after special counsel Jack Smith got a warrant in January 2023; Twitter ultimately complied
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