A US appeals court sets a fast-track schedule to consider legal challenges to the US law requiring a TikTok ban or sale, with oral arguments in September 2024 (David Shepardson/Reuters)

David Shepardson / Reuters:
A US appeals court sets a fast-track schedule to consider legal challenges to the US law requiring a TikTok ban or sale, with oral arguments in September 2024  —  A U.S. appeals court on Tuesday set a fast-track schedule to consider the legal challenges to a new law requiring China-based ByteDance …

Private equity firm Bridgepoint buys a majority stake in LumApps, used by ~700 organizations to build and provision comms and workforce apps, in a $650M deal (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Private equity firm Bridgepoint buys a majority stake in LumApps, used by ~700 organizations to build and provision comms and workforce apps, in a $650M deal  —  Big news today for LumApps, the French startup that describes itself as an “intranet superapp” with a platform for building …

PayPal plans to build an ad sales business around data generated from users and tracking purchases, and hires ex-Uber ad boss Mark Grether as PayPal Ads SVP (Patrick Coffee/Wall Street Journal)

Patrick Coffee / Wall Street Journal:
PayPal plans to build an ad sales business around data generated from users and tracking purchases, and hires ex-Uber ad boss Mark Grether as PayPal Ads SVP  —  Payments company hires Uber’s former head of advertising to run a new ad division  —  PayPal hopes to boost its growth by starting …

T-Mobile plans to acquire most of UScellular, including stores, some of the wireless operator’s spectrum, and its customers, in a $4.4B deal, including $2B debt (Todd Haselton/CNBC)

Todd Haselton / CNBC:
T-Mobile plans to acquire most of UScellular, including stores, some of the wireless operator’s spectrum, and its customers, in a $4.4B deal, including $2B debt  —  – CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices

OpenAI begins training its new flagship AI model, a process that could take nine months or more, and creates a Safety and Security Committee to explore risks (Cade Metz/New York Times)

Cade Metz / New York Times:
OpenAI begins training its new flagship AI model, a process that could take nine months or more, and creates a Safety and Security Committee to explore risks  —  The advanced A.I. system would succeed GPT-4, which powers ChatGPT.  The company has also created a new safety committee to address A.I.’s risks.

How pro-Russian groups exploit Telegram, which has 41M MAUs in the EU, below the DSA’s 45M threshold, to spread disinformation on Ukraine, immigration, and more (Bloomberg)

Bloomberg:
How pro-Russian groups exploit Telegram, which has 41M MAUs in the EU, below the DSA’s 45M threshold, to spread disinformation on Ukraine, immigration, and more  —  Pro-Russian disinformation groups are exploiting the “very, very lax” rules on Telegram and there’s little EU authorities can do about it.

Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors  —  Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.