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September 2, 2024, 6:05 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.
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  —  In the battle between Elon Musk and Brazil, there are no heroes — only two sides engaged in an epic display of hypocrisy and overreach.
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.
Nick Burns / Americas Quarterly:
A profile of Alexandre de Moraes as even some supporters wonder if the Brazilian Supreme Court judge has become too powerful and gone too far by banning X
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
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 …
Amitoj Singh / CoinDesk:
According to a court filing on August 30, SEC seeks a change in the FTX's bankruptcy plan and says it may challenge any distributions involving crypto assets  —  The SEC said that it may challenge any transactions of distributions involving crypto assets to creditors.
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.

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This is a Techmeme archive page. It shows how the site appeared at 6:05 AM ET, September 2, 2024.

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From Mediagazer

Wall Street Journal:
A profile of incoming FCC Chair Brendan Carr, a telecom lawyer and longtime FCC official who believes tech and media companies have been unfair to conservatives

Wall Street Journal:
Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated

Charlie Warzel / The Atlantic:
Q&A with Julia Angwin on how social media creators flipped the traditional journalism process for telling stories and what journalists can learn from creators

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

Earlier Picks

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
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
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