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July 14, 2023, 10:05 PM
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Top News

Jordan Novet / CNBC:
The US Appeals Court for the Ninth Circuit denies the FTC's appeal for an injunctive relief to stop Microsoft's acquisition of Activision Blizzard from closing  —  In a victory for Microsoft, the U.S. Appeals Court for the Ninth Circuit late on Friday denied the Federal Trade Commission's appeal …
Hayden Field / CNBC:
Sensor Tower: from July 8 to July 11 and 12, Threads DAUs fell ~20% and time spent fell 50% to 10 minutes; Similarweb: Android DAUs fell 25%+ from July 7 to 10  —  - Facebook's Twitter-killer, Threads, has seen drops in daily active users and time spent on app since the weekend, according to SensorTower and SimilarWeb.
Ivan Mehta / TechCrunch:
Meta confirms taking “additional steps” to prevent EU-based users from accessing Instagram's Threads; users report no longer being able to use Threads via a VPN  —  After multiple EU-based users complained about not being able to access Instagram's Threads app through VPN, Meta confirmed that it is blocking such efforts.
Wall Street Journal:
Source: Binance has fired over 1,000 people in recent weeks; the cuts are global, ongoing, and could result in the company losing more than a third of its staff  —  Crypto exchange reduces workforce as Justice Department investigation continues  —  Binance, the giant crypto exchange …
Matt Wales / Eurogamer.net:
Larry “Major Nelson” Hryb, Xbox's senior director of corporate communications, is leaving Microsoft after 22 years to “work on the next chapter of my career”  —  To “work on the next chapter of my career.”  —  Larry “Major Nelson” Hryb, long one of the most recognisable presences …
Semafor:
Sources: Elon Musk claimed his new startup xAI was worth $20B while he was trying to recruit top AI talent, including by offering equity in xAI  —  Elon Musk sought to recruit top AI talent to his new artificial intelligence company with equity in the venture he claimed was already worth tens …
Lora Kolodny / CNBC:
In a Twitter Spaces chat, Elon Musk says xAI plans to collaborate with Tesla on silicon and AI software, use public tweets for AI training, and more  —  - During a live audio session on Twitter, owner and chairman Elon Musk said his new AI startup, xAI, will use Twitter data for training the …
Aoyon Ashraf / CoinDesk:
After the US court ruling in Ripple's favor, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges and Gemini is exploring listing the token
Tom Hals / Reuters:
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities
Tim Copeland / The Block:
Crypto bridging protocol Multichain ceases operations after confirming Chinese police detained its CEO, Zhaojun, and his sister, who held ~$220M of user assets  —  - Multichain confirmed its CEO has been detained in China.  — It said the CEO's sister moved $220 million of funds …
Matt Binder / Mashable:
Some Reddit users report disappearance of their private messages from before 2023; Reddit says the move was announced on June 22 and is effective since June 30  —  Many Redditors were caught off guard by the removal of their chat and message history.  —  The Reddit blackout protests …
Michael Schulman / New Yorker:
Netflix's Orange Is the New Black was an early indicator of how lopsided the streaming economy would be, as 10 actors from the show detail tiny residual incomes  —  The innovative and daring show was a worldwide hit for Netflix, but some of the actors say that they were never fairly compensated.
Andrew Webster / The Verge:
SAG-AFTRA: the AMPTP's AI proposal lets studios scan a background actor to create a digital likeness, for a day's pay, for perpetual use without consent or pay
More: BBC, NPR, Deadline, Disconnect, New York Times, Los Angeles Times, Slate, The Guardian, Ubergizmo, Washington Post, EW.com, CNBC, Forbes, The Independent, CNN, Variety, HotHardware, ZDNet, NBC News, SiliconANGLE, Ars Technica, SlashGear, Polygon, PCMag, The A.V. Club, UPROXX, Coinspeaker, gHacks Technology News, O'Grady's PowerPage, Business Today, Gizmodo, Cointelegraph, Music Ally, Reuters, Gamereactor UK, Los Angeles Times, The Hollywood Reporter, The Wrap, The Daily Beast, Consequence, USTimesPost, Vanity Fair, Gearrice, IGN, and Decrypt
LinkedIn: Doyal Bryant, Frazer Barrs, Dempsey Gibson, and Gustavo Garcia G
Bluesky: @akelacooper.bsky.social and @annleckie.com
Mastodon: @esther@strangeobject.space, @maxkennerly@mstdn.social, @botwiki@mastodon.social, and @jaredwhite@indieweb.social
Twitter: @writernmd, @writernmd, @will_berson, @nirsd, @writernmd, @massawyrm, @nowthisnews, @embryethan, @sentammoses, @discussingfilm, @latimes, @3cfilmss, @meisteralready, @scalzi, @thr, @albinokid, @crecenteb, @sillysyntax, @shauniedarko, @jstylman, @a_webster, @womenscribes, @bostonjerry, @valerie_tosi, and @kvanaren.  Threads: @stonekettle
Forums: Hacker News, r/singularity, r/WorkReform, r/ArtistHate, r/boxoffice, r/stupidpol, r/conspiracy, r/blankies, r/television, r/HouseOfTheDragon, r/television, r/RedLetterMedia, r/LiveFromNewYork, r/WednesdayTVSeries, r/LosAngeles, r/IATSE, r/OnlyMurdersHulu, r/TwoBestFriendsPlay, r/blankies, r/comiccon, and r/oscarrace
See also Mediagazer
Salvador Rodriguez / Wall Street Journal:
Meta insiders detail a return to “OG Mark” and how staff secretly toiled away to determine how to create a Twitter-like service that fit with the company's apps  —  Staffers toiled for months to create a Twitter-like service that would fit with existing apps
Taylor Lorenz / Washington Post:
Twitter makes its first ad sharing payouts to creators, including far-right influencers like Andrew Tate, who made $20K+, Ian Miles Cheong, and Benny Johnson  —  The platform is paying high-profile creators, including Andrew Tate, thousands of dollars for posting to the app
Amanda Silberling / TechCrunch:
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets

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This is a Techmeme archive page. It shows how the site appeared at 10:05 PM ET, July 14, 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

Alex Sherman / CNBC:
Analyzing Comcast's spinoff of cable networks, purposefully structured with low debt: the move might be a signal to the industry that it's time to consolidate

Evan Drellich / New York Times:
The MLB is planning national packages for streaming companies to bid on in 2028, when its national TV deals with ESPN, Fox, and Turner expire

Lauren Forristal / TechCrunch:
Tubi launches Scenes, a mobile feature that lets viewers watch 60-to-90-second trailer-style clips from its library to help with content discovery

More News

Kaya Yurieff / The Information:
Creator monetization platform Fanhouse agrees to be acquired by Passes, a rival platform that only launched in beta in December 2022 and raised a $9M seed
Sarah Perez / TechCrunch:
Twitter aims to reduce DM spam with a setting that moves messages from Blue users you don't follow back to the Message Request inbox instead of the main inbox
More: Techlusive, Dexerto, and Engadget
Bluesky: @jww.wtf and @setia.ink.  Twitter: @twittersupport.  Threads: @carnage4life.  Forums: r/RealTesla
Kyle Wiggers / TechCrunch:
Meta unveils CM3leon, an image generation transformer model requiring five times less compute and a smaller training dataset than past transformer-based methods

Earlier Picks

Reuters:
Sources and a doc: India told streaming services like Netflix and Disney to use an independent panel to review content for obscenity and violence before release
Reuters:
Twitter sues four unnamed entities in Texas for “unlawfully scraping data” and seeks $1M+ in relief; Elon Musk: “that is why we had to put rate limits in place”
Jordan Novet / CNBC:
Microsoft names Aptos as the next default font for its Microsoft 365 productivity apps, replacing Calibri; Aptos was available for two years as Bierstadt
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