A German data watchdog says it has been probing Worldcoin since November 2022 due to concerns over the project processing "sensitive data at a very large scale" (Elizabeth Howcroft/Reuters)

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X sign removed at Twitter HQ after neighbours complain The flashing sign went up three days ago. San Francisco officials investigated its installation. August 01, 2023 at 05:34AM

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A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a "plausible claim" that UST and LUNA may have violated securities law (Nikhilesh De/CoinDesk)

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Sources: Nvidia has asked some cloud provider startups for their customers' names; it also ensures some upstart cloud providers get early shipments of new chips (Anissa Gardizy/The Information)

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Twitter accused of bullying anti-hate campaigners A social media monitoring group says legal threats sent by X Corp are an attempt to "silence criticism". August 01, 2023 at 02:19AM

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Worldcoin presents a solution in search of its problem, has a shaky ethical foundation, and lacks decentralization or a robust approach to privacy (Molly White)

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Brian Armstrong says the SEC asked Coinbase to halt trading all crypto except bitcoin before it sued, and refused to explain its interpretation of the law (Scott Chipolina/Financial Times)

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Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk (CoinDesk)

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Source: UK Home Office officials aim to lobby the ICO for expanded use of facial recognition in shops, in contrast to the EU's ban of the tech in public spaces (Mark Townsend/The Guardian)

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A look at nine under-the-radar lobbying firms helping influence US crypto legislation in 2023 on behalf of Binance, Crypto.com, Coinbase, and others (Kari McMahon/The Block)

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An in-depth look at a January strike at Amazon's BHX4 Coventry warehouse, a carefully planned and legal effort, the likes of which Amazon UK had never faced (Jack Shenker/The Guardian)

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Japan plans to add ~110K new trainees to acquire digital skills through fiscal 2024, as the government projects a 2.3M digital worker shortage by fiscal 2026 (Hiroyuki Akiyama/Nikkei Asia)

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Twitter restores Kanye West's account after ban The US rapper was accused of violating the rules on the social media platform now known as X. July 30, 2023 at 07:11AM

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WeChat: Why does Elon Musk want X to emulate China's everything-app? Musk is an admirer of Chinese mega-app WeChat, which combines messaging, social media, finances, dating, and more. July 30, 2023 at 03:41AM

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Twitter/X reinstates Kanye West's account, suspended in December 2022, and says he won't be eligible to monetize it, and ads won't appear next to his posts (Rebecca Elliott/Wall Street Journal)

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Despite TikTok prohibiting branded content promoting alcohol, some creators say they're sponsored by alcohol brands, and they drink excessively to promote them (Jessica Lucas/HuffPost)

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Sources: the Biden admin is looking for malware it believes China hid inside critical infrastructure, mainly aimed to disrupt the military if a conflict emerges (New York Times)

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Internal Meta emails: Facebook removed content about COVID-19 under pressure from the Biden administration, including posts claiming the virus was man-made (Ryan Tracy/Wall Street Journal)

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Twitter/X officially rolls out its ads revenue sharing program for eligible users globally, after giving some creators payouts earlier this month (Jay Peters/The Verge)

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YouTube officially launches Multiview for YouTube TV and Primetime Channels, starting with WNBA games, but with no mobile and web support and other limits (Abner Li/9to5Google)

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The British Museum partners with Ethereum-based metaverse game The Sandbox to create NFTs showing the museum's collections and offer "new immersive experiences" (Stephanie Hirschmiller/Decrypt)

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A look at smart guns, which can only be fired by an authorized user, as Colorado-based Biofire prepares to ship a $1,499 handgun in December, after raising $30M (Zusha Elinson/Wall Street Journal)

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US smartphone shipments fell 24% YoY in Q2 2023, the third consecutive quarter of decline; Samsung shipments fell 37% YoY, and Apple's fell 6% (Matthew Orf/Counterpoint Research)

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Do you need a degree to work in tech? Big tech firms like IBM are no longer asking for degrees when hiring staff. July 28, 2023 at 04:35AM

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RapidAI, which develops AI-powered software to help diagnose neurovascular, cardiac, and vascular diseases, raised a $75M Series C led by Vista Credit Partners (PYMNTS.com)

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Sources: Sequoia cut the size of its cryptocurrency fund to $200M from $585M and of its ecosystem fund, which invests in other funds, to $450M from $900M (Berber Jin/Wall Street Journal)

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Reddit starts testing an "Official" label to indicate that an account is authentic, visible on its iOS and Android apps, and unveils accessibility improvements (Jay Peters/The Verge)

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In four new studies with collaboration from Meta, researchers find Facebook's algorithm is "influential" but doesn't necessarily change beliefs, and more (New York Times)

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Seattle-based Proprio, which offers a device with multiple cameras and a display that shows real-time 3D visualization of surgery, raised a $43M Series B (Devin Coldewey/TechCrunch)

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Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023 (Meta Investor Relations)

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US prosecutors ask a judge to detain Sam Bankman-Fried over witness tampering allegations, saying he leaked Caroline Ellison's personal writings to the NYT (CNN)

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Dish partners with Amazon to sell a Boost Infinite postpaid wireless plan with unlimited talk, text, and data services at $25/month for Amazon Prime subscribers (Medha Singh/Reuters)

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The CISA warns US federal agencies to secure their systems against an Ivanti flaw that's been exploited as a zero-day to hack Norway's government systems (Sergiu Gatlan/BleepingComputer)

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Stability AI launches Stable Diffusion XL 1.0, an open-source text-to-image model that can yield 1MP resolution images "in seconds" in multiple aspect ratios (Kyle Wiggers/TechCrunch)

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AWS debuts HealthScribe, an AI-powered tool to summarize patient visits, and is working with partners rather than selling it directly to hospitals and doctors (Dina Bass/Bloomberg)

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Sources: EU regulators rebuffed an offer from Meta to curb its use of rivals' ad data for Facebook Marketplace as a way to settle an antitrust investigation (Foo Yun Chee/Reuters)

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Is Elon Musk right to ditch the Twitter logo? Rebrands can pay off - but it's a risky move. July 25, 2023 at 07:13AM

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A Google researcher finds a vulnerability in AMD's Zen 2 chips, giving access to secure information like encryption keys; AMD expects most patches to come in Q4 (Paul Alcorn/Tom's Hardware)

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Researchers find, in a two-day test across top Mastodon instances, 600+ pieces of known or suspected CSAM and ~2,000 posts with the top 20 CSAM-related hashtags (Washington Post)

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Electric cars are the future, but is the UK ready? UK drivers are being told to prepare for an all-electric future, but there are bumps in the road ahead. July 25, 2023 at 05:26AM

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A Web Integrity API standard proposal from Google employees aims to help enforce IP rights, count ad views, and limit bots, but is a nightmare for the open web (Ron Amadeo/Ars Technica)

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Sources: Adobe's $20B Figma deal faces an in-depth EU probe as Adobe won't offer remedies for potential competition concerns, after the UK began a similar probe (Samuel Stolton/Bloomberg)

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A profile of Moxie Marlinspike and Signal, from copying WhatsApp's UX to pioneering E2EE, and its aim to reach "everyone on the planet" while upholding privacy (Kai Ye/Wired)

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Twitter rolls out its updated "interim" X logo, replacing the iconic bird, following Elon Musk's weekend announcement; X.com now redirects to twitter.com (Ivan Mehta/TechCrunch)

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The Worldcoin Foundation rolls out its Worldcoin token, received after using an eye-scanning "orb", in 35 cities; Worldcoin plans to retain 20% of its tokens (Financial Times)

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Small-time US entrepreneurs are amassing vehicles to rent out through services such as Turo and Getaround or their own websites to take on Hertz and Avis Budget (Ben Eisen/Wall Street Journal)

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A look at the Boston Fed's Project Hamilton, launched in 2020 to research how to design a US CBDC but ended in 2022 amid opposition from anti-CBDC legislators (Mike Orcutt/MIT Technology Review)

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Sources: IAC, News Corp, the NYT, and other publishers are forming a coalition to push for AI laws and lead a lawsuit against AI firms who trained on their data (Ben Smith/Semafor)

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Elon Musk: Time to say goodbye to Twitter logo The Twitter owner says he wants to replace the logo with an "X". July 24, 2023 at 03:00AM

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Profiles of eight former Google research scientists who co-authored the pioneering AI paper "Attention Is All You Need" that paved the way for the rise of LLMs (Madhumita Murgia/Financial Times)

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