Techmeme
July 4, 2023, 1:50 PM

Top News

Amanda Silberling / TechCrunch:
Meta plans to launch Instagram's standalone Twitter competitor Threads on July 6, per the pre-order App Store listing, which shows screenshots of some features  —  Instagram's rumored Twitter competitor just dropped on the iOS App Store in the US.  The app will be called Threads …
Kyle Bradshaw / 9to5Google:
An APK teardown of Instagram's Threads, uploaded to Google Play ahead of the app's launch, reveals the threads.net website and details on how Threads will work  —  Ahead of the app's launch later this week, Meta has launched a landing page for its Twitter competitor, “Threads,” counting down to the service's launch.
Dave Lee / Bloomberg:
Stephanie Bodoni / Bloomberg:
The CJEU rules that Germany's Federal Cartel Office didn't overstep when ordering Meta to overhaul its ad business in 2019; Meta is “evaluating” the ruling  —  Meta Platforms Inc.'s Facebook lost its European Union court fight over a German antitrust order that homed …
David Pierce / The Verge:
The social web is changing: Twitter set up limits, Reddit alienated its users, TikTok could get banned, and Instagram has turned into an entertainment platform  —  An era of the internet is ending, and we're watching it happen practically in real time.  Twitter has been on a steep …
@twittersupport:
Twitter says that in 30 days users must pay for Blue to use TweetDeck, the new version of which supports full composer functionality, Spaces, polls, and more  —  We have just launched a new, improved version of TweetDeck. All users can continue to access their saved searches & workflows via https://tweetdeck.twitter.com/ by selecting “Try the new TweetDeck” in the bottom left menu. Some notes on getting started and the future of the product... https://twitter.com/...
Jay Peters / The Verge:
Twitter employees say that removing support for legacy APIs is what broke TweetDeck, and the company will be moving users to the “new” version of TweetDeck  —  Twitter is officially launching its “new” version of TweetDeck to everyone, according to a tweet from Twitter's support account …
Manish Singh / TechCrunch:
Wall Street Journal:
Sources: the US plans to require cloud companies like AWS and Microsoft to get permission before offering services that use advanced AI chips to Chinese clients  —  Biden administration proposal, aimed at closing loophole in chip export controls, could escalate tit-for-tat fight with Beijing
Financial Times:
Bradley Keoun / CoinDesk:
Cameron Winklevoss makes a $1.465B “final offer” to DCG CEO Barry Silbert for Genesis' bankruptcy restructuring and threatens lawsuits if Silbert does not agree  —  Creditors of the crypto financial firm Genesis propose a package $1.5 billion of forbearance payments and loans denominated …
Foo Yun Chee / Reuters:
Thierry Breton: Amazon, Apple, Google, Meta, Microsoft, Samsung, and ByteDance said they meet the EU's “gatekeeper” criteria of 45M+ MAUs and a €75B+ market cap  —  Alphabet's (GOOGL.O) Google, Amazon (AMZN.O), Apple (AAPL.O), Meta Platforms (META.O) and Microsoft (MSFT.O) …
Ben Schoon / 9to5Google:
Marques Brownlee details the Nothing Phone (2) in a video: slightly bigger than the Phone (1), tweaked LEDs on the back, a curved glass rear design, and more  —  Carl Pei's Nothing is just a week or two away from the full launch, and after showing off the camera earlier today, a new video shows off the Nothing Phone (2) in full.
Eliot Brown / Wall Street Journal:
How SoftBank is playing catch-up despite focusing on AI since 2018; PitchBook says the firm invested in just one of the 26 generative AI startups valued at $1B+  —  Billionaire Masayoshi Son said he would make SoftBank ‘the investment company for the AI revolution,’ but he missed out on the most recent frenzy

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Earlier Picks

Bloomberg:
Mike Scarcella / Reuters: