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View the Daily Dispatch for Tuesday, July 11, 2023

NEW YORK (AP) — Twitter has threatened legal action against Meta over its new text-based app called Threads, which has drawn tens of millions of users since launching this week

To build new microblogging site.

Musk also warned about the “negative stuff” on Twitter. “You will get more laughs from this app than everything else combined But I have to warn you … dont be shocked … theres some negative stuff too,” the Twitter owner tweeted.

Accusing social media giant Meta of pilfering former Twitter employees to create a “copycat” application, Twitter is threatening legal action against Meta over “Threads,” Meta’s text-based “Twitter killer” platform. In a letter addressed to Meta chief executive officer Mark Zuckerberg, Twitter lawyer Alex Spiro argues  that Meta used Twitter’s trade secrets and intellectual property to…

Europe's top court has backed the German antitrust watchdog's ruling that Meta cannot profile users across its platforms and the web without real consent. Campaign finds out what this means for Asia Pacific.

Elon Musk's most recent comment was in response to a tweet shared by a Twitter account called Data Hazard.

Twitter operator X Corp.'s letter threatening Meta Platforms Inc. with trade secrets litigation over its Threads app invokes legal gray areas while withholding the specifics of what it has on its rival.

Barely a year after Taiwans Foxconn signed a joint venture with Indian conglomerate Vedanta to set up semiconductor manufacturing plants in the country, the former has pulled out of the deal, in a potential spoiler for Indias semiconductor story. ET reported first about the differences between the two parties last month. This and more in todays ETtech Top 5.