Gaza’s internet connectivity ‘in bad shape’ as war continues

In today’s top story, we look at the toll the Israel-Hamas war is having on Gaza’s internet access. Lorenzo reports that Palestinian internet service provider NetStream “has collapsed days after the operator notified subscribers that service would end due to a severe shortage of fuel supplies.” Lorenzo spoke with an expert who said “the evidence of the crippled internet in Gaza is not hard to find. By every metric of internet connectivity, things are in bad shape.” Find out more.

Meanwhile, it’s been a year since Elon Musk took over Twitter and renamed it X. Ivan writes that X now says an average user spends 32 minutes per day on the platform. Any X users are encouraged to concur. And look out, PR Newswire and BusinessWire, the social media giant is coming for you. Leaders say the company is headed into some new directions, namely newswire services.

And India’s Reliance Industries has been a busy beaver these days. The company, best known for its retail and telecom businesses, recently launched lending and insurance businesses and now is dipping its toe into co-branded credit cards, according to Manish’s story. Get the scoop.

More top reads

Let’s stay over in India a bit more: Rapido, a bike taxi startup, is adding a few wheels and getting into the cab business. Meanwhile, Taiwan-based conglomerate Tata Group will start making iPhones in India. Find out why this is a special deal.

Finally squash that pesky bug: Apple fixes a privacy feature that made a certain aspect of iOS vulnerable. It only took three years.

Pitch Deck Teardown: Find out why Haje called Aether’s $49 million Series A deck “a head-scratcher.” (TC+)

Going for the gold: As market advantages go, Microsoft and Alphabet may have grabbed the headlines this week for all of their AI announcements and misses in the cloud, respectively, but Amazon is still top dog in the cloud. Read more.

We second that emotion: A group behind Stable Diffusion wants to open source emotion-detecting AI. It’s AI’s party and it can cry if it wants to.

Don’t get spooked: Looking forward to Apple’s Scary Fast Mac event? Here’s how to watch and what to expect.

OpenAI, Google and a digital anthropologist walk into a bar: It’s the start of a joke I’m sure you are familiar with. In this case, they are all part of a United Nations board exploring AI governance. Find out who else is on the board.

Can’t get to your call right now: Shares of Truecaller drop 32% today on reports of lower revenue. Read more.

SBF on the stand: Sam Bankman-Fried says he didn’t defraud FTX customers or take their funds; rather, Alameda “borrowed” them. (TC+) Okay . . . Also, SBF initially took the stand without jurors present.  Here’s why. (TC+)

All charged up with new capital: Byterat nabs a $4 million seed round to collect and analyze data for battery labs. Learn about the bottleneck in battery design. (TC+)

Sharing is caring: Startup browser maker Arc now lets you share Spaces, Folders and Split Views with non-Arc users. Test drive it yourself.

The Amazon of ads: Big Tech’s massive ad businesses are getting a boost from AI. Find out how. (TC+)

In case you missed it:

Cruise pauses all driverless robotaxi operations to ‘rebuild public trust’

Ford delays $12B in EV investments as automaker wrestles with demand

Twitch’s money guy talks about the revenue split controversy and its monetization long game

Magic Leap has a new CEO

On the pods

Today on Equity, Mary Ann and Alex were lucky enough to have Kirsten aboard for the roundup, which means we got to tackle an even wider array of stories than usual. We covered a few deals of the week, including news from I Own My Data and AgentSync.

The big news we talked about included Carta’s CEO’s major comms boo-boo, where he alerted customers to some bad press by trying to tell them to ignore it. We also looked at the recent roadblock for Cruise driverless taxis and why Waymo appears to be winning, and we provide a few notes on Alphabet’s and Microsoft’s earnings. Listen here.

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