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July 3, 2024, 12:35 PM
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Top News

Alex Heath / The Verge:
Mark Zuckerberg says Threads has 175M+ MAUs, up from 150M in April, ahead of its one-year anniversary on July 5; source: Meta may turn on ads in Threads in 2025  —  A year and a half ago, Threads was but a twinkle in Mark Zuckerberg's eye.  —  Now, the rival to Elon Musk's X has reached …
Casey Newton / Platformer:
Q&A with Adam Mosseri on Threads' first year, not leaning into political content, driving engagement, focusing on real-time content, the fediverse, and more  —  Programming note: With this post, we now go on a short summer break.  See you back here July 15.  —  A year ago this week, Meta introduced Threads to the world.
Emma Roth / The Verge:
Reddit users: Netflix is phasing out its cheapest $11.99/month ad-free tier for existing subscribers as planned, pushing its $6.99, $15.49, and $22.99 tiers  —  Netflix is following through on its plan to phase out its cheapest ad-free tier for existing subscribers.
Natasha Lomas / TechCrunch:
Proton launches Docs in Proton Drive, a privacy-focused alternative to Google Docs, after acquiring secure note-taking app Standard Notes in April 2024  —  Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation …
Rand Fishkin / SparkToro:
In 2024, 58.5% of Google searches in the US and 59.7% in EU result in zero clicks; for 1,000 searches, 374 clicks go to the open web in the EU and 360 in the US  —  Over the past decade, I've done several reports with multiple clickstream panels analyzing Google search behavior at scale.
Manish Singh / TechCrunch:
Koo, an Indian rival to X that had raised $60M+ from Tiger Global, Accel, and others, shuts down after last-resort acquisition talks with Dailyhunt collapsed  —  The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk's X, is ceasing operations …
Cynthia Brumfield / CSO:
SCOTUS' Chevron ruling could weaken US federal cybersecurity regulations, as FCC data breach reporting requirements and other rules are likely to be challenged  —  The ruling could weaken almost all US federal cybersecurity regulations, including SEC incident reporting, FCC data breach reporting …
Mark Gurman / Bloomberg:
Sources: Apple will get an observer role on OpenAI's board, with Phil Schiller chosen for the position, as part of their ChatGPT partnership announced in June  —  CDK Says ‘Substantially All’ Car Dealerships Restored After Hack  —  Northern Data May Be Testing Limits of AI Frenzy With Unit IPO
Shaurya Malwa / CoinDesk:
Blockchain platform Polkadot faces criticism from users after spending $87M in H1 2024, doubling its H2 2023 spend, including $36M+ on marketing and outreach  —  The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
Paula Arend Laier / Reuters:
Brazil's data regulator suspends the validity of Meta's privacy policy for using personal data to train AI models in the country and sets a daily ~$8,800 fine  —  Brazil's National Data Protection Authority (ANPD) has decided to suspend with immediate effect the validity of Meta's (META.O) …
Michael Nuñez / VentureBeat:
Meta shares its research on Meta 3D Gen, a system that creates high-quality 3D assets from text descriptions in less than a minute  —  Meta, the tech giant formerly known as Facebook, introduced Meta 3D Gen today, a new AI system that creates high-quality 3D assets from text descriptions in less than a minute.
Chris Kornelis / Wall Street Journal:
Bruce Bastian, who co-created the popular word processing software WordPerfect and was an LGBTQ activist, died on June 16 at age 76  —  While his company was producing the world's dominant word-processing software, he came out as gay to his wife, sons and Mormon community
Wall Street Journal:
The owners of about a third of US nuclear power plants are in talks with tech companies to provide electricity to new data centers needed to meet AI demand  —  Largest tech companies are looking to buy nuclear power directly from plants, which could sap the grid of critical resources
Jay Peters / The Verge:
Responding to criticism, Figma CTO Kris Rasmussen says Make Design is “powered by off-the-shelf models and a bespoke design system that we commissioned”  —  Figma says it didn't train the generative AI models it used and blames a ‘bespoke design system.’
More: Macworld, The Hindu, and NewsBytes
Threads: @ashzade_.  X: @gleb_sexy.  LinkedIn: Aarman Roy.  Forums: Hacker News and r/technology
Emanuel Maiberg / 404 Media:
Figma disables its recently launched generative AI app design tool Make Design, after a user showed it copied Apple's Weather when asked to design a weather app

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This is a Techmeme archive page. It shows how the site appeared at 12:35 PM ET, July 3, 2024.

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

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

More News

Amy Thomson / Bloomberg:
UK-listed Keywords Studios, which provides game development, audio, and art services to clients such as Epic, agrees to a ~£2.1B takeover bid from PE firm EQT

Earlier Picks

Reuters:
An investigation of US police and court documents finds 30 complaints citing 200+ explicit videos and images of minors on OnlyFans since December 2019
Lauren Feiner / The Verge:
A US judge temporarily blocked a new Mississippi law that would require age verification for all and parental consent for teens to join some social networks
Jaspreet Singh / Reuters:
Meta says it will lift its ban on the word “shaheed”, or “martyr” in English, after its Oversight Board's year-long review found the approach to be “overbroad”
Financial Times:
Google says its greenhouse gas emissions have surged 48% in the past five years due to the expansion of the data centers that underpin its AI efforts
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