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September 2, 2024, 1:40 AM
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Top News

Mark Gurman / Bloomberg:
A look at Apple's strategy to keep execs, who wish to retire, around longer; sources: M4 Mac mini will have 5 USB-C ports, internal power supply, and no USB-A  —  Apple's succession strategy has come into focus with the upcoming exit of its chief financial officer.
New York Times:
How Brazil's experiment to fight fake news during the 2022 elections, giving a justice broad power to order social media content removal, led to the ban on X  —  To combat disinformation, Brazil gave one judge broad power to police the internet.  Now, after he blocked X, some are wondering whether that was a good idea.
New York Times:
Bluesky reports a record spike in usage as many X users in Brazil move to Bluesky and Threads; Brazil is X's fifth-largest international market, with 20M+ users  —  The platform went dark across Brazil on Saturday, sending online commentators to new digital town squares.
New York Times:
Brazilian judge amends his order, no longer requiring Apple and Google to prevent downloads of X's app; those using a VPN to access X still face a ~$9K/day fine
Associated Press:
Brazil blocks X, following an order from Supreme Court Justice Alexandre de Moraes after Elon Musk refused to name a legal representative in the country
More: BBC, Tara Tarakiyee, The Guardian, Fortune, Joe.My.God., Breitbart, iPhone in Canada Blog, DL News, New York Post, BBC, Financial Express, Boston Herald, CBS News, Vulture, Axios, Times of India, Benzinga, Bitcoin Insider, iThinkDifferent, Truthout, International Business Times, The Gateway Pundit, Washington Post, Raw Story, CNN, Trying to make sense of Brazil, Android Headlines, Game Rant, Bloomberg, Agence France-Presse, Digital Journal, Tech Xplore, Coinpedia Fintech News, Wall Street Journal, American Greatness, Cointelegraph, Reuters, Associated Press, Los Angeles Times, The Verge, Deadline, DevX, The Japan Times, Washington Examiner, The Desk, SlashGear, Cryptopolitan, The Independent, DNyuz, Mashable, The Hill, Fox Business, The American Conservative, and CoinGape
Threads: @gergelyorosz_, @larakate14, @lorakolodny, @andrealessi, @the.morning.constitutional, and @lorakolodny.  Bluesky: @bsky.app
X: @elonmusk, @rob_roos, @carnage4life, @willoremus, @albertwenger, @binarybits, @prestonjbyrne, @matthiasellis, @zedonarrival, @brendancarrfcc, @davidmackau, @adamscochran, @shaunmmaguire, @shaunmmaguire, @shaunmmaguire, @ianbremmer, @bluesky, @chrchristensen, @chrchristensen, @brndxix, @chrchristensen, @bluesky, @notgwendalupe, @lindayax, @timsweeneyepic, @elonmusk, @elonmusk, @mikeisaac, @jihoz_axie, @x, @djrothkopf, @levelsio, and @willguyatt
Forums: r/InternationalNews, r/inthenews, r/MarchAgainstNazis, r/worldnews, r/teslainvestorsclub, r/NPR, r/Journalism, r/EnoughMuskSpam, r/technology, r/technews, r/VaushV, r/elonmusk, r/news, r/InternationalNews, r/Fauxmoi, r/musked, r/law, r/Twitter, and r/worldnews
See also Mediagazer
Mike Masnick / Techdirt:
X is right to stand up to Brazil's unjust “hostage laws,” but Musk's fight highlights his cynical free speech stance after he caved to Modi's censorship demands
Faiz Siddiqui / Washington Post:
Fidelity's latest valuation of X, 72% lower than when Musk took over, would mean top investor Prince Alwaleed bin Talal al Saud is down $1.4B and Ellison $720M  —  Elon Musk bought Twitter with a combination of his own money, bank loans and capital raised from friends and associates.
Reuters:
Sources: Pat Gelsinger aims to present Intel's board ideas to cut capex spending and more, like halting the $32B chip plant project in Germany or selling Altera  —  Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company's board of directors …
Jay Peters / The Verge:
A look at Sub.club, which aims to let users on ActivityPub-based platforms monetize content via subscriptions while taking a 6% cut, available in dev preview  —  The fediverse has the potential to help create enduring and interoperable social networks.  But many creators and businesses rely on bigger …
Zack Abrams / The Block:
Dune Analytics: Pump.fun has generated over $100M in cumulative revenue from more than 1M memecoins created on the platform since its launch in January 2024  —  - Popular memecoin launchpad Pump.fun has made $100 million in cumulative revenue from more than one million memecoins since it launched in January of this year.
Kyle Wiggers / TechCrunch:
Source: NightCafe, a bootstrapped generative art marketplace with 25M users who created ~1B images, has $4M annualized revenue with a ~50% margin  —  The OG of image generation is a success, minus some moderation challenges  —  Elle Russell, co-founder of Cairns, Australia-based NightCafe …
Threads: @dsilverman
Teresa Xie / Bloomberg:
A look at the surge of interest-based sites as users grow weary of big platforms; MAUs for Letterboxd, Strava, and AllTrails grew 55%, 20%, and 10% YoY in H1  —  - Biking, reading and dining apps draw users seeking connection  — Niche apps take hold as alternative to larger online platforms

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From Mediagazer

Youkyung Lee / Bloomberg:
Shares of South Korean entertainment companies related to Squid Game drop 20%+ following a less-than-perfect debut for the new season of the series on Netflix

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

CBS News:
Greg Gumbel, a CBS Sports anchor and commentator who covered the NFL and college basketball for more than 20 years, died at 78 of cancer

More News

Wall Street Journal:
Big YouTube shows including Hot Ones and Good Mythical Morning attract large audiences but aren't yet getting Primetime Emmy nominations and ensuing ad revenue
Eric Newcomer / Newcomer:
A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; source: Bolt lost $310M on $27M 2023 revenue
Mishaal Rahman / Android Authority:
In a lawsuit, OSOM's ex-chief privacy officer alleges that the CEO of the smartphone startup misused funds to pay for his racing hobby and lavish lifestyle

Earlier Picks

Kevin Roose / New York Times:
A deep dive into AIO, a SEO-like technique that aims to influence AI models on specific topics by embedding targeted text on websites used for training data
Lorenzo Franceschi-Bicchierai / TechCrunch:
Microsoft says a North Korean hacking group earlier in August exploited a now-patched zero-day in a Chromium core engine to steal crypto from organizations
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