π X Files Antitrust Lawsuit, UnDisruptable27 Launches, Google Breakup
Good morning. Itβs Wednesday, August 07. Today we are covering:
Scoop: X files antitrust lawsuit against ad industry group GARM
A New Plan to Break the Cycle of Destructive Critical Infrastructure Hacks
Breaking up Google would offer a chance to remodel the web
Microsoft Says Delta's Technology Outdated, Likely Contributed to Slow Recovery
A new Bill Gates-backed project wants to make carbon removal more legit
Letβs dive in
Scoop: X files antitrust lawsuit against ad industry group GARM
By Sara Fischer via Axios
X files federal antitrust lawsuit against GARM, accusing it of unfairly influencing advertisers and causing an ad boycott.
The lawsuit claims GARM conspired to withhold billions in ad revenue from Twitter, now X Corp, impacting its earnings since Musk's acquisition.
Rumble joins X in the lawsuit, with X's ad revenue expected to drop to $2 billion in 2024 from $4.5 billion in 2021.
π: Every day, hundreds of millions of people come to X to be part of the only global, real-time conversation. They come to share their thoughts and hear others. To share their content and see more. To debate and be debated. To entertain and be entertained. To inspire and be inspired. There is no substitute for X. - Linda Yaccarino (@lindayaX)
A New Plan to Break the Cycle of Destructive Critical Infrastructure Hacks
By Lily Hay Newman via WIREDΒ
UnDisruptable27 launches with a $700,000 grant to enhance communication about critical infrastructure security, emphasizing the interdependence of water, food, emergency medical care, and power.
Led by Josh Corman and funded by Craig Newmark Philanthropies, the project aims to engage communities directly and foster a sense of urgency and empowerment in protecting critical infrastructure.
The initiative responds to rising cybersecurity threats, including those from Chinese hacking group Volt Typhoon, and will utilize creative methods like social media, podcasts, and reality TV to drive awareness and action.
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Breaking up Google would offer a chance to remodel the web
By Natasha Lomas via TechCrunchΒ
Google found to operate an illegal monopoly, leading to discussions on reshaping the web without its dominance.
Breaking up Google could enable alternative service models to thrive, prioritizing user interests over tracking-based advertising.
The antitrust ruling could diminish Google's market power, fostering competition and innovation in web services.
Microsoft Says Delta's Technology Outdated, Likely Contributed to Slow Recovery
By Alison Sider via Wall Street Journal
Microsoft claims Delta's outdated technology caused its slow recovery from last month's IT outage, while rivals recovered faster.
The statement is a response to Delta's assertion that Microsoft and CrowdStrike were responsible for the $500 million outage.
Delta has notified Microsoft and CrowdStrike of potential legal claims to cover the losses from the outage.
A new Bill Gates-backed project wants to make carbon removal more legit
By Justine Calma via The Verge
The Carbon Removal Standards Initiative (CRSI), backed by Bill Gates, aims to develop standards for carbon dioxide removal (CDR) technologies to ensure their effectiveness.
CRSI will provide technical assistance to regulators and organizations, emphasizing a bottom-up approach and avoiding corporate donations to maintain independence.
While Microsoft and other tech giants invest heavily in CDR, concerns remain about the true impact of these technologies on climate change and the potential for them to delay the transition from fossil fuels.
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Olympic Games Paris 2024
France's Grand Palais discloses cyberattack during Olympic games
Claire Michel, Olympic triathlete who fell ill after swim in Seine River, says a virus made her sick
Israel Olympics team says athletes are getting threats in Paris to generate 'psychological terror'
Olympic athlete Tom Craig arrested on 'suspicion of buying cocaine' after failing to medal in Paris
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