Randy Thanthong-Knight / Bloomberg: Canada’s government suspends its ads on Facebook and Instagram in response to Meta’s move to drop news; Canada spent CA$11.4M on the platforms in FY 2021-22  —  The Canadian government is suspending its advertisements on Facebook and Instagram in response to Meta Platforms Inc.’s plan … Lees verder op Tech Meme

Cam Thompson / CoinDesk: Nansen: NFT royalties hit a two-year low in June, with one week of payouts dropping to ~$3.8M from a ~$76M April 2022 peak, as royalty-optional platforms rise  —  The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space. Lees verder op Tech Meme

Mark Zuckerberg / @zuck@threads.net: Mark Zuckerberg says Threads passed 5M sign ups in the first four hours of availability  —  Just passed 5 million sign ups in the first four hours… Lees verder op Tech Meme

Jacquelyn Melinek / TechCrunch: PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023  —  Q2 saw $2.34B in capital across 382 blockchain and crypto deals  —  Funding for crypto startups continues to grow scarcer. Lees verder op Tech Meme

Nitasha Tiku / Washington Post: A look at Dustin Moskovitz’s Open Philanthropy, which has spent ~$500M on student scholarships and more at Stanford and other universities to fight rogue AI  —  Paul Edwards, a Stanford University fellow who spent decades studying nuclear war and climate change, considers himself “an apocalypse guy.” Lees verder op Tech Meme

Fortune: Twitter subsidiary Twitter Payments secured its first US money transmitter licenses over the last week from Michigan, Missouri, and New Hampshire  —  Elon Musk, billionaire and owner of Twitter  —  Since Elon Musk took over Twitter in late October, the company has been quietly working … Lees verder op Tech Meme

Bloomberg: Sources: CFTC investigators concluded that bankrupt crypto lender Celsius Network misled investors and that its former CEO Alex Mashinsky also broke US rules  —  Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network … Lees verder op Tech Meme

Eugen Rochko / Mastodon Blog: Mastodon CEO says the launch of Instagram’s Threads, which intends to adopt ActivityPub, “is a clear victory for our cause, hopefully one of many to come”  —  Today, Meta is launching its new microblogging platform called Threads.  What is noteworthy about this launch … Lees verder op Tech Meme