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July 3, 2024, 9:50 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  —  A year ago this week, Meta introduced Threads to the world.  —  The text-based social network, which launched as a kind …
Lorenzo Franceschi-Bicchierai / TechCrunch:
Twilio says threat actors identified the phone numbers of users of its 2FA app Authy; last week, hackers claimed to have stolen 33M phone numbers from Twilio  —  Last week, a hacker claimed to have stolen 33 million phone numbers from U.S. messaging giant Twilio.
Todd Bishop / GeekWire:
Amazon plans to discontinue Astro for Business, its robot security guard for SMBs announced in November 2023, on September 25 to focus on its Astro home robot  —  Astro is leaving its job to spend more time with family.  —  Amazon informed customers and employees Wednesday morning that it plans …
Jay Peters / The Verge:
OpenAI updates its ChatGPT macOS app to encrypt locally stored conversations, after a user discovered that the app was storing chats in plain text  —  Until Friday, OpenAI's recently launched ChatGPT macOS app had a potentially worrying security issue: it wasn't hard to find your chats stored …
Andrea Hsu / NPR:
A federal court in Texas temporarily blocks the US government's ban on noncompete agreements that was set to take effect September 4  —  A federal court in Texas has partially blocked the government's ban on noncompete agreements that was set to take effect September 4.
Rocky Swift / Reuters:
Japan's government has finally eliminated the use of floppy disks in all its systems, after scrapping over 1,000 regulations governing their use  —  Japan's government has finally eliminated the use of floppy disks in all its systems, two decades since their heyday, reaching a long-awaited milestone …
Juby Babu / Reuters:
Information management company OpenText plans to cut about 1,200 jobs, or ~1.7% of its workforce, and expects to reduce its annual expenses by CA$150M in 2025  —  OpenText Corp (OTEX.TO) said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.
Associated Press:
Microsoft agrees to pay $14.4M to settle with the California Civil Rights Department over allegations it discriminated against workers who took protected leave  —  Microsoft Corp. has agreed to pay $14.4 million to settle allegations that the global software giant retaliated and discriminated …
Sarah Perez / TechCrunch:
Noplace, a Gen Z-focused social media app backed by Alexis Ohanian's 776 and others, tops the US iOS App Store; it raised a $15M Series A1 at a $75M valuation  —  Aiming to bring the “social” back to “social media,” a new app called noplace has surged to the top of the App Store as it launched out of invite-only mode Wednesday.
Amy Thomson / Bloomberg:
UK-listed Keywords Studios, which provides game development, audio, and art services to Epic and others, agrees to private equity firm EQT's ~£2.1B takeover bid  —  - Investors get £24.50 per share in cash in private equity deal  — Keywords works for titles including Fortnite, Call of Duty
Emma Farge / Reuters:
WIPO: between 2014 and 2023, 54K generative AI patents were filed, 25% of which were filed in 2023; China leads with 38K+ patents, followed by the US with 6,276  —  China is far ahead of other countries in generative AI inventions like chatbots, filing six times more patents than its closest rival …
Julia Love / Bloomberg:
Alphabet winds down agriculture startup Mineral, which became an independent subsidiary in 2023, and licenses some of its tech to berry producer Driscoll's  —  The company no longer has a place for all of its moonshot startups  —  Alphabet Inc. is licensing some technology …

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This is a Techmeme archive page. It shows how the site appeared at 9:50 PM ET, July 3, 2024.

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From Mediagazer

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Inside Radio:
iHeart reduces its total debt by over $440M and extends most of its debt maturities by three years, by using debt exchange transactions

Reuters:
Palestinian sources say an Israeli airstrike killed five journalists from Al-Quds Today; the Israeli military called the five “operatives posing as journalists”

More News

Rand Fishkin / SparkToro:
Datos: 58.5% of Google searches in the US and 59.7% in the EU result in no clicks; for 1,000 searches, 360 clicks go to the open web in the US and 374 in the EU
Emma Roth / The Verge:
Netflix starts 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
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
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

Earlier Picks

Financial Times:
Sources: later in July, the EU will suggest scrapping the €150 threshold below which goods are exempt from customs duties, targeting Temu, AliExpress, and Shein
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
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
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
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
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
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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