Techmeme
July 27, 2024, 6:50 PM

Top News

Kate Conger / New York Times:
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2  —  Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.
Financial Times:
Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to “reset” relations with the industry  —  Vice-president's team aims to improve relations after industry criticism of the Biden administration
CoinDesk:
At Nashville's Bitcoin 2024 conference, Trump said the US must become a leader in crypto, he will fire SEC chair Gary Gensler, stop creation of a CBDC, and more  —  Thousands of bitcoiners camped out for hours to see crypto's self-declared candidate on Saturday at the Bitcoin Conference in Nashville.
MacKenzie Sigalos / CNBC:
Trump proposes a strategic national crypto stockpile; Bitcoin 2024 organizers say they were in talks to have Kamala Harris appear, but she ultimately declined  —  NASHVILLE — Former President Donald Trump said that if he were returned to the White House, he would ensure that the federal government never sells off its bitcoin holdings.
Wall Street Journal:
Filing: the US DOJ says TikTok collected data about its users' views on gun control, abortion, and religion, and censored content at ByteDance's direction  —  Justice Department defends new law requiring the sale or ban of the popular app  —  TikTok collected data about its users' views …
Josh Eidelson / Bloomberg:
The International Association of Machinists says Apple reached a three-year tentative labor agreement with retail workers at a Towson, Maryland store, a first  —  - Three-year deal will increase pay by an average of 10%  — Union aims to build on the success; Apple declines to comment
Jon Brodkin / Ars Technica:
US-based security vendor KnowBe4 says it unwittingly hired a North Korean hacker who then unsuccessfully attempted to load malware into the company's network  —  KnowBe4, which provides security awareness training, was fooled by stolen ID.  —  KnowBe4, a US-based security vendor …
Financial Times:
Ireland's Data Protection Commission says it is surprised and is “seeking clarity” about X's move to automatically allow user data to train Grok  —  Social media company's move to automatically allow user data to train chatbot could breach European privacy rules
Kevin Okemwa / Windows Central:
Raffaele Huang / Wall Street Journal:
Sources: Talkie, which lets users chat with AI personas of celebrities and was one of most downloaded AI apps in the US in H1, is owned by China-based MiniMax  —  Chatbot in Talkie uses AI to allow users to converse with famous people or a virtual romantic partner

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