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The Latest Breaking News from Semafor

Twitter is threatening to sue Instagram's parent company Meta over its launch of Threads, report says

Musk’s personal lawyer sent a letter to Zuckerberg accusing Meta of poaching dozens of former employees, among other things, Semafor reported.

Fortune

Twitter threatens to sue Threads: Report

In a letter, Twitter accused Meta of engaging in ‘systematic, willful and unlawful misappropriation’ of trade secrets.

Al Jazeera

Twitter threatens to sue Meta over rival Threads app

In a letter to CEO Mark Zuckerberg, a lawyer for the Elon Musk-owned app said Meta had unlawfully misappropriated trade secrets

The Guardian - US

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Trump’s latest defence in the classified documents case: ‘Bravado’

The former president says ‘if you want to know the truth, it was bravado’

The Independent UK

Meghan labeled untalented as fallout from collapse of Spotify deal rumbles on

Entertainment executive reportedly said: ‘Turns out Meghan Markle was not a great audio talent, or necessarily any kind of talent’

The Guardian - US

Ben Smith: Why It Matters that Gawker, BuzzFeed News, and Breitbart News Failed

A decade ago, online startups seemed poised to vanquish legacy media. That didn't happen.

Reason

Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers in

The Guardian - US

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Trump, other potential 2024 rivals slam DeSantis over Disney feud

Christie said Tuesday that he doesn't think DeSantis is a conservative based on his actions towards Disney.

Axios

McDonald’s Executive Slam Elon Musk In Eye-Opening Email, Say Tweets Are ‘Perpetuating Racism’

A top executive at McDonald'sVreportedly asserted that Twitter CEO Elon Musk's "free speech" agenda at Twitter

Zenger

Elon Musk is accused by advertisers of 'perpetuating racism' on Twitter

Elon Musk's behavior as Twitter CEO and changes at the company are still off-putting to potential advertisers.

Fortune

CBS faces backlash over 60 Minutes interview with Marjorie Taylor Greene

Far-right, pro-Trump congresswoman uses appearance on flagship current affairs show to defend calling Democrats paedophiles

The Guardian - US

Why GM Thinks ChatGPT Should Be the Future of In-Car Virtual Assistants

The American automaker is reportedly working on incorporating a specialized version of ChatGPT into its vehicles.

Inverse

‘Never watched it’: Rupert Murdoch answers cold email about Succession

Reporter contacts Fox News owner after email address revealed in Dominion court filings – and gets a response

The Guardian - US

Fox News reportedly imposes ‘soft ban’ on Donald Trump

The former president has not made a weekday showing on the channel since appearing on Sean Hannity’s show in September

The Guardian - US

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The Independent UK

Trump ‘soft banned’ from Fox News amid clash with Murdoch over election lies coverage

Aide to former president reportedly said that ‘the Murdochs have made it pretty clear they want to move on from Trump’

Salon

Pompeo reveals Jared, Ivanka, Haley plot

Pompeo trashed Haley over the move against Pence as all three prepare potential 2024 presidential bids

Fortune

JPMorgan is accusing the 30-year old founder of fintech startup Frank of fraud—after paying $175 million for her company

Less than two years after buying Frank, the bank claims that Frank’s management invented numbers it provided during the due diligence process.

Fortune

Coinbase's relationship with the media has been fraught. Brian Armstrong can fix that

The Coinbase CEO embracing mainstream media could help his company—but also all of crypto.

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Asharq Al-Awsat

Microsoft in Talks to Invest $10 bln in ChatGPT Owner -Semafor

Microsoft Corp is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The funding includes other venture firms and deal documents were sent to prospective investors in…

Bangkok Post

Microsoft in talks to invest $10bn in ChatGPT owner

BENGALURU: Microsoft Corp is in talks to invest US$10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter.

Fortune

Goldman Sachs weighs 40% cut on investment banker bonuses

As Wall Street goes from feast to famine, Goldman Sachs is reportedly weighing the largest cuts to banker bonuses since the 2008 financial crisis

The Independent UK

China casts long shadow over US-Africa Leaders Summit

With dozens of African leaders descending on Washington this week, the Biden administration is offering a not so subtle pitch in its economic competition with China on the continent: The U.S. offers a better option to African partners

Fortune

Stanford law professors are entangled in Sam Bankman-Fried’s FTX mess—and SBF’s father withdrew from an upcoming class

Bankman-Fried’s father—and his colleague—are reportedly consulting with the disgraced founder of the crypto exchange, who was raised on the prestigious university’s campus.

Salon

GOP fears Trump third-party 2024 bid

"It’s not totally out of the realm of possibility," a former Trump administration official said

Reason

Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?

The mainstream coverage of SBF and FTX is more than a little blasé.

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People

Marjorie Taylor Greene

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