Tech Meme

Jahnavi Nidumolu / Reuters: Elon Musk says Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load  —  Elon Musk said Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load.  —  “Need to reach positive cash flow … Lees verder op Tech Meme

Tim Bradshaw / Financial Times: The UK CMA pushes back a deadline to block Microsoft’s Activision deal from July 18 to August 29, which could let Microsoft complete the merger within weeks  —  New timetable from Competition and Markets Authority means $75bn transaction could be closed within weeks Lees verder op Tech Meme

Sohee Kim / Bloomberg: A look at Sony-owned Crunchyroll, which has 100M+ registered members, including 11M paid subscribers, as the anime streaming service looks to India for growth  —  – President says new anime markets like India will drive growth  — Global expansion helps owner Sony boost entertainment content Lees verder op Tech Meme

Dan Goodin / Ars Technica: Microsoft’s disclosures about Chinese hackers accessing US government email accounts try to obscure the role of Microsoft’s own vulnerabilities in the breach  —  Critics also decry Microsoft’s “pay-to-play” monitoring that detected intrusions.  —  On Friday, Microsoft attempted to explain … Lees verder op Tech Meme

Rhiannon Williams / MIT Technology Review: Study: ChatGPT helped writers complete tasks, such as writing press releases or reports, 40% faster and produce work that assessors scored 18% higher in quality  —  People who use ChatGPT to help with writing tasks are more productive and produce higher-quality work than those who don’t, a study found. Lees verder op Tech Meme

Christopher Mims / Wall Street Journal: Twitter could descend into irrelevance if the trends driving Threads’ early success, including network effects and Elon Musk’s self-inflicted wounds, persist  —  Threads, from Instagram, has many distinct qualities that make it the first credible threat to Elon Musk’s vision of what a social network should be Lees verder op Tech Meme

Dan Goodin / Ars Technica: Microsoft’s disclosures about Chinese hackers accessing US government email accounts were opaque about the breach’s root cause and the company’s role in it  —  Critics also decry Microsoft’s “pay-to-play” monitoring that detected intrusions.  —  On Friday, Microsoft attempted to explain … Lees verder op Tech Meme

Reuters: Sources: the CEOs of Intel and Qualcomm are planning to meet US officials in DC next week to discuss China policy, export controls, market conditions, and more  —  The chief executives of Intel Corp (INTC.O) and Qualcomm Inc (QCOM.O) are planning to visit Washington next week to discuss China policy … Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Updraft patches its AIOS WordPress plugin, used by 1M+ sites, after it logged plaintext passwords; Updraft didn’t warn its users during the exposure period  —  The All-In-One Security (AIOS) WordPress security plugin, used by over a million WordPress sites, was found to be logging plaintext passwords … Lees verder op Tech Meme

Amanda Silberling / TechCrunch: Creator monetization platform Fanhouse agrees to sell to rival Passes, which only launched in December 2022, but some creators are apprehensive about the merger  —  The creator monetization platform Fanhouse announced yesterday that it was acquired by Passes, a similar startup that only launched in beta in December. Lees verder op Tech Meme