Yogita Khatri / The Block: Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30  —  – In its latest attestation report, Tether said it had a net profit of $850 million in the second quarter. Lees verder op Tech Meme

Elvira Pollina / Reuters: Italy’s AGCM says it accepted Google’s proposed commitments to end a case over the company’s alleged abuse of its position in the user data portability market  —  – Regulator probed Google over alleged abuse of its position  — Company pledged to update backup service, to launch new tool Lees verder op Tech Meme

Jose Antonio Lanz / Decrypt: After a digital artist opted out of the Stable Diffusion training set, the community made a model copying his style, raising questions around open-source models  —  More popular than Picasso and Leonardo Da Vinci among AI artists, Greg Rutkowski opted out of the Stable Diffusion training set. Lees verder op Tech Meme

New York Times: Twitter/X threatens to sue Center for Countering Digital Hate, alleging the nonprofit made “troubling and baseless claims” to hurt Twitter and its ad business  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter’s parent company … Lees verder op Tech Meme