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August 10, 2021, 8:10 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple plans a modest iPhone update, with a smaller notch, faster refresh rate, and camera upgrades, including ProRes recording and video Portrait mode  —  - Company plans video Portrait mode and higher-quality recording  — New models to include smaller display cutout and faster chip
Jon Porter / The Verge:
Google will let under 18s delist photos by request, restrict ad targeting of children based on age, gender, or interests, and more  —  As part of a new series of protections for kids under 18  —  Google will no longer allow ad targeting of children based on their age, gender …
Tim Copeland / The Block:
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw  —  Quick Take  — Cross-chain protocol Poly Network has been hacked for $611 million.  — The team behind the protocol …
MacKenzie Sigalos / CNBC:
Coinbase reports $2.23B in Q2 revenue, vs $1.78B est., and net profit of $1.6B, up nearly 4,900% YoY, following volatile stretch of cryptocurrency trading  —  - In Q2, Coinbase brought in $2.23 billion of revenue vs. $1.78 billion expected by Refinitiv.  — It also reported a profit per share of $6.42.
Kyle Wiggers / VentureBeat:
OpenAI debuts a private beta for Codex, an API for turning natural language into code of one of over a dozen coding languages; Codex powers GitHub's Copilot  —  Watch now.  —  OpenAI today released OpenAI Codex, its AI system that translates natural language into code, through an API in private beta.
New York Times:
Inside the rift between the White House and Facebook over vaccine misinformation, as the administration grew frustrated with Facebook's lack of transparency  —  Frustrations grew behind the scenes among top leaders on both sides, potentially hurting the government's efforts to overcome the pandemic.
Nikhilesh De / CoinDesk:
Senate sends $1T infrastructure bill to the House after a 69-30 vote; the bill contains a controversial cryptocurrency tax provision critics see as too broad  —  The bill contains a broad definition of “broker” for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
Elizabeth Culliford / Reuters:
Facebook says it has removed a network of accounts from Russia linked to a UK marketing firm that pushed anti-vaccine content using Planet of the Apes memes  —  Facebook (FB.O) said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed …
Catalin Cimpanu / The Record:
Microsoft will now require admin rights before Windows users can access the Point and Print feature, to mitigate a security flaw it has already tried to patch  —  Microsoft has released today a security update that will change the default behavior of the “Point and Print” …
Frank Konkel / Nextgov:
Source: the NSA awarded a secret cloud computing contract worth up to $10B to AWS; Microsoft has filed a bid protest with the GAO in response  —  Much of the NSA's most prized intelligence data may be moving to the cloud.  —  The National Security Agency has awarded a secret cloud computing contract worth …
Danielle Kaye / Reuters:
According to an internal Google pay calculator, staff who choose to work from home will likely get a pay cut, especially those who commuted over long distances  —  Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently …
Nikhilesh De / CoinDesk:
BitMEX announces a $100M settlement with the CFTC and FinCEN over shortcomings in its anti-money laundering and know-your-customer oversight systems  —  Crypto derivatives trading platform BitMEX announced Tuesday it had reached a settlement on civil charges with U.S. authorities.
Joanna Ossinger / Bloomberg:
Helium, a P2P 5G wireless network startup, raises $111M in an a16z-led token sale, says it has 116K+ wireless hotspots in 11K cities with 500K more back-ordered  —  - Napster's Shawn Fanning co-founded Helium with Amir Haleem  — Ribbit, Alameda, Multicoin among participants in the round
Dave Lee / Financial Times:
Amazon says it will pay up to $1,000 in damages for dangerous goods sold by third-party merchants starting September 1 in the US  —  More than half of products sold on the platform come from third parties and are not vetted by ecommerce giant  —  Amazon will start directly paying compensation …
TJ Denzer / Shacknews:
Unity reports Q2 revenue of $273.6M, up 48% YoY, and says it will acquire remote desktop and streaming company Parsec for ~$320M  —  Unity boasted a massive increase in revenue year-over-year and has raised its guidance as a result.  —  As fiscal quarters close and companies report earnings results …
Davey Alba / New York Times:
Twitter suspends Rep. Marjorie Taylor Greene for seven days over vaccine misinfo, saying it is her fourth strike and another offense could lead to permanent ban  —  Twitter on Tuesday suspended Representative Marjorie Taylor Greene, Republican of Georgia, from its service for seven days …
Ben Lovejoy / 9to5Mac:
Apple publishes a CSAM FAQ to address misconceptions and concerns about photo scanning  —  Apple has responded to misconceptions and concerns about its photo scanning announcements by publishing a CSAM FAQ - answering frequently asked questions about the features.
Twitter:
Analysis of tweets about Euro 2020, including racist abuse towards England players: 99% of accounts suspended were not anonymous and most abuse came from the UK  —  In February this year, we outlined the steps we have been taking to combat racist abuse on Twitter.

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From Mediagazer

Jeremy Barr / The Guardian:
President Trump says Fox News “bears responsibility” for the GOP's losses after “constantly and consistently putting on the Dumocrat opposition, and worse”

Alex Weprin / The Hollywood Reporter:
As Democrats take the House and the Senate, David Ellison and other media executives are likely to face inquiries and hearings over their deals and Trump ties

The New York Times Company:
NYT reports Q3 revenue up 9.7% YoY to $768.5M, digital-only subscription revenue up 14.6% to $421.3M, and operating profit up 16.4% to $121.9M; NYT jumps 4%+

More News

Sam Byford / The Verge:
Xiaomi announces the Mix 4 smartphone with a bezel-less design and an under-display selfie camera, launching in China for ~$770
Chris Welch / The Verge:
TCL, which has long been the flagbearer of Roku TVs, launches new TVs with Google TV, saying it wants to give consumers more choice and it isn't abandoning Roku
Dan Seifert / The Verge:
HP announces two Chrome OS PCs: all-in-one Chromebase AiO, with a 21.5" rotating touchscreen, and Chromebook x2 11, with a detachable display, both from $600
Sara Fischer / Axios:
Salesforce launches Salesforce+, a free streaming service aimed at business professionals, with original programming from Salesforce and eventually its clients

Earlier Picks

Sam Nussey / Reuters:
SoftBank's Vision Fund reports Q1 profit of $2.14B and says it made 47 new investments worth $14.2B; Facebook and Microsoft are no longer listed as investments
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