In his countersuit against Twitter Inc., Elon Musk accused the company of misleading his team and financiers about its true advertising base and its methods for counting bots and spam accounts when he made his proposed acquisition of Twitter, according to a copy of the countersuit obtained by The Washington Post. Musk’s attorneys allege that the share of daily active users who actually see advertisements on the platform is 65 million lower than the company’s estimate of 238 million and that the bulk of ads are shown to fewer than 16 million users. (The Washington Post)
A spokesperson for Senate Majority Leader Chuck Schumer (D-N.Y.) said he plans to set up a vote for the American Innovation and Choice Online Act, though no details were provided about a timeline to bring it to the floor. The development comes after Schumer reportedly told donors recently that he didn’t think the legislation had the votes to break a filibuster in the Senate. (Politico)
Bipartisan lawmakers in the House and Senate introduced the Proper Leadership to Align Networks for Broadband Act, which would require the White House to develop a national strategy to “close the digital divide” for broadband service, following a report from the U.S. Government Accountability Office that found broadband efforts were “fragmented and overlapping.” (Multichannel News)
The Federal Trade Commission has reportedly expanded its investigation into whether Amazon.com Inc. intentionally misled consumers into signing up for its Prime subscription service through ambiguous language and its design for the Prime signup and cancellation process. (Insider Premium)
Twitter slammed a countersuit Thursday filed by Elon Musk in a Delaware court, calling the claims from the SpaceX and Tesla CEO “factually inaccurate” and “legally insufficient” amid the legal fight over an abandoned acquisition deal.
The National Republican Senatorial Committee, the campaign arm of the Republican caucus, is preparing to escalate its attack on Google over the company’s email spam filter, which it blames for recent fundraising disappointments, according to documents obtained by The Washington Post.
Congress passed the first NASA authorization bill in five years when it passed the Creating Helpful Incentives to Produce Semiconductors for America, or CHIPS Act, last week, which extends International Space Station operations and supports NASA’s Artemis missions.
Microsoft is being called out for blocking users of the end-to-end encrypted email service Tutanota from registering an account with its cloud-based collaboration platform, Teams, if they try to do that using a Tutanota email address.
A new report by Pew Research Center Wednesday finds that women are far more skeptical than men that self-driving cars will make our roads and highways safer. The findings suggest a public relations problem that could further slow the emergence of automated vehicles, despite the fact that studies have shown that such vehicles would improve safety.
Ride-hailing firm Lyft Inc. on Thursday forecast an adjusted operating profit of $1 billion for 2024 after reporting record earnings for the second quarter, betting on strength in the rideshare market as it rebounds from pandemic lows.
Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters on Thursday.
A search for “Facebook pages manager” in Apple’s app store will turn up several legitimate apps to help people and ad agencies handle advertising on the platform. The results also turn up a new app that looks to be legit but is not.
The Justice Department has filed its most sensitive court documents on paper since January 2021 to avoid any chance of a breach or vulnerability in electronic filing systems compromising its high stakes cases.
A top Democratic lawmaker is urging U.S. Supreme Court Chief Justice John Roberts to address the federal court system’s decades-long failure to secure Americans’ most sensitive personal information in court filings.
Workers at Blizzard Albany, a subsidiary of game publisher Activision Blizzard formerly known as the studio Vicarious Visions that works on the popular Diablo franchise, said on Wednesday that studio management plans to fight their decision to unionize with the Communications Workers of America.
TikTok is getting rid of pandemic-era perks including daily meal stipends for many employees, according to people familiar with the situation, as the company pushes staff to work more from its offices.
It’s not that social media has no redeeming value, but on the whole it is no place for kids. If Instagram or TikTok were brick-and-mortar spaces in your neighborhood, you probably would never let even your teenager go to them alone.
Ryan Serabian and Daniel Kapellmann Zafra, Mandiant
Mandiant has identified an ongoing information operations (IO) campaign leveraging a network of at least 72 suspected inauthentic news sites and a number of suspected inauthentic social media assets to disseminate content strategically aligned with the political interests of the People’s Republic of China (PRC). The sites present themselves primarily as independent news outlets from different regions across the world and publish content in 11 languages.