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Jul 7, 2023

Twitter threatens to sue Meta over Threads, which gets 30M sign-ups in first day

Bay Area Times
Bay Area Times

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Top stories today:

🐦 1. Twitter threatens to sue Meta over Threads, which gets 30M sign-ups
🧠 2. OpenAI launches GPT-4 (8K) and other APIs to all developers
šŸš€ 3. SpaceX handled 21 flights for outside customers in 1H, 64% market share
šŸ‡ŗšŸ‡ø 4. U.S. employers are hiring but not making more positions available
šŸš— 5. Electric vehicles: 557K sold in 1H in the U.S., +50% YoY
ā˜ļø 6. Cloud global revenue was $546B in 2022, +23% YoY

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Twitter threatens to sue Meta over Threads, which gets 30M sign-ups in first day

Letter from Alex Spiro, Elon Musk's lawyer, to Meta.

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