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July 11, 2023, 7:05 PM
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Top News

Jordan Novet / CNBC:
A US court denies the FTC's preliminary injunction bid to stop Microsoft's Activision deal, as the FTC “has not shown it is likely to succeed” in showing harm  —  - A federal judge in San Francisco ruled in favor of Microsoft and Activision Blizzard, which have been trying to complete their $68.7 billion deal by July 18.
Tom Warren / The Verge:
Microsoft and the UK CMA agree to a “stay of the litigation” to negotiate a restructured Activision Blizzard deal, after a US court denied the FTC an injunction  —  Microsoft and the UK's Competition and Markets Authority (CMA) have both agreed to pause their legal battle …
Mark Hachman / PCWorld:
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners  —  Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.
Andy Greenberg / Wired:
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018  —  Roger Thomas Clark, also known as Variety Jones, will spend much of the rest of his life in prison for his key role in building the world's first dark web drug market.
Rachel Metz / Bloomberg:
Anthropic releases AI chatbot Claude 2, available in the US and the UK via claude.ai and an API for businesses; Anthropic has raised $1B+, $450M in May 2023  —  Anthropic, an artificial intelligence startup positioning itself as the builder of a safer kind of chatbot, has released a new version of its AI bot, named Claude.
Michael Shirer / IDC:
Global PC shipments fell 13.4% YoY to 61.6M in Q2 2023, the sixth consecutive quarter of decline; in the top five, only Apple gained, up 10.3% YoY to 5.3M units  —  Global PC shipments declined 13.4% year over year during the second quarter of 2023 (2Q23), according to preliminary results …
Susan Rinkunas / Jezebel:
A Nebraska woman pleads guilty to ordering and helping her 17-year-old daughter take abortion pills after Meta complied with a warrant for messages between them  —  Jessica Burgess faced eight years in prison for helping her then 17-year-old get abortion pills.  A plea deal brought it down to two.
Kyle Barr / Gizmodo:
Nothing plans to launch the Phone (2) for $599+ in the US, Europe, and the UK on July 17; the device has a Snapdragon 8+ Gen 1 and rear “glyph” lights in zones  —  The new device is an upgrade from the Phone (1)—a better processor, improved camera, and even more signature LED glyphs—with a $599 price tag.
Nikhilesh De / CoinDesk:
The US DOJ arrests a security engineer on wire fraud and money laundering charges for “fraudulently” taking $9M in crypto from a DEX by faking pricing data  —  The DOJ alleged that Shakeeb Ahmed stole $9 million from a crypto exchange that operates on Solana, through a flash loan attack last year.
Nick Clegg / Financial Times:
To mitigate AI's risks, companies should be transparent about how their systems work, collaborate across industries, stress test, and detail their progress  —  The case for transparency is growing as the best way to combat fears on the developing technology  —  The writer is president of global affairs at Meta
Phil Salvador / Video Game History Foundation:
Study: about 13% of video games released in the US before 2010 and less than 3% of titles in the US released before 1985 are still available for sale in 2023  —  Today, the Video Game History Foundation and the Software Preservation Network published a major new study which shows that 87 percent …
Emma Roth / The Verge:
Mark Lucovsky, the former head of OS on Google's AR team, leaves, saying leadership changes and “unstable commitment and vision” weighed heavily on his decision  —  Mark Lucovsky, the former head of operating systems on Google's augmented reality team, has left the company.
Reuters:
WeChat says Apple opened a store on its platform, letting its users buy products including iPhones, iPads, and Macs; Apple already has a shop on Alibaba's Tmall  —  Tencent's (0700.HK) WeChat said on Tuesday that iPhone maker Apple (AAPL.O) had opened a store on its social media platform …
Rohan Goswami / CNBC:
Hackers stole potentially tens of millions of HCA Healthcare patients' personal data from an “external storage location”, now for sale on a data breach forum  —  - HCA Healthcare patient data has been hacked and is now for sale, according to the company.
Axios:
Source: Instagram plans to add branded content tools to Threads, letting marketers do paid promotion, but won't add ads before Threads hits a critical user mass  —  Instagram is planning to bring its branded content tools to Threads, a source told Axios, giving marketers a way to get involved …
Reuters:
Meta told an Australian foreign interference inquiry the company plans to add “state-affiliated media” and “fact-checking” labels to Threads “expeditiously”

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This is a Techmeme archive page. It shows how the site appeared at 7:05 PM ET, July 11, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

More News

Ashley Capoot / CNBC:
Shutterstock announces an expanded, six-year partnership with OpenAI that grants access to its video, image, and music libraries for AI training; SSTK jumps 9%+

Earlier Picks

Javier Espinoza / Financial Times:
Amazon files a petition in the EU's General Court challenging the DSA for the company's large platform designation, the first US company to do so, after Zalando
Qianer Liu / Financial Times:
Sources: China plans to force companies to obtain a license before releasing generative AI models, tightening draft rules from April 2023 to control content
Martin Pengelly / The Guardian:
With Twitter traffic “tanking” and Threads ascendant, Elon Musk says Mark Zuckerberg “is a cuck” and proposes “a literal dick-measuring contest”
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