Techmeme
August 19, 2021, 7:00 AM

Top News

Issie Lapowsky / Protocol:
Facebook, for the first time, shares a report on the most widely viewed domains, links, posts, and Pages on Facebook in the US during Q2  —  A video of two cats walking, tails intertwined, looking like the best of friends.  A resource site for Green Bay Packers alumni.
Ethan Zuckerman:
Facebook's new report reinforces its narrative that most content on the News Feed is not news, but doesn't provide enough data to make meaningful conclusions  —  What content is popular on Facebook?  —  This is a surprisingly difficult - and very important - question to answer.
Joseph Cox / VICE:
Apple says NeuralHash flaw found by researchers in CSAM detection system was in a generic version of the software and not in the final version it plans to use  —  Apple said the version of NeuralHash analyzed by researchers is not the final version that will be used for iCloud Photos CSAM detection.
Maggie Fitzgerald / CNBC:
Robinhood reports Q2 revenue of $565M, up 131% YoY, net loss of $502M, down from $58M net income in Q2 2020, and crypto revenue of $233M; stock down 10%+  —  Robinhood's revenue more than doubled in the second quarter to $565 million, bolstered by a massive surge in crypto trading …
CNBC:
Robinhood says crypto accounted for ~52% of all transaction-based revenue in Q2, and 62% of crypto revenue came from dogecoin  —  - Robinhood reported quarterly results on Wednesday for the first time as a public company.  — Crypto made up over 50% of transaction-based revenue in the second quarter …
Kif Leswing / CNBC:
Nvidia beats with record Q2 revenue of $6.51B, up 68% YoY, Gaming revenue of $3.06B, up 85% YoY, and Data Center revenue of $2.37B, up 35% YoY  —  - Nvidia reported earnings on Wednesday for its second fiscal quarter that ended on August 1, beating Wall Street estimates on the back of strong graphics cards sales.
Matt Robinson / Bloomberg:
SEC sues three ex-Netflix software engineers and two others for allegedly using confidential subscriber growth numbers to trade ahead of earnings announcements  —  - Group allegedly made $3 million in profits from illicit tips  — Scheme involved illegal trades on subscriber data, SEC says
Lorenzo Franceschi-Bicchierai / VICE:
Profile of Andrey Shumeyko, who advertised internal Apple docs and devices on forums while being an Apple informant and who says Apple took advantage of him  —  He spent years inside the iPhone leaks and jailbreak community.  He was also spying for Apple.  —  Lorenzo Franceschi-Bicchierai
Karissa Bell / Engadget:
Facebook says it took action against 12 COVID vaccine misinfo “superspreaders” but disputes claims that those 12 were responsible for 73% of misinfo on Facebook  —  Back in March, the Center for Countering Digital Hate (CCDH) published  —  a report linking more than two-thirds …
Tom Warren / The Verge:
Microsoft has made changing default browsers in Windows 11 unnecessarily complex compared to Windows 10, drawing criticism from Firefox and Opera  —  Competitors aren't happy  —  Microsoft's upcoming release of Windows 11 will make it even harder to switch default browsers and ignores browser defaults …
Jordan Novet / CNBC:
Cisco beats in Q4 with revenue of $13.1B vs. $13.0B est., up 8% YoY, Infrastructure Platforms sales of $7.55B, up 13% YoY, and WebEx sales of $1.34B, down 1%  —  - Cisco exceeded quarterly estimates, but earnings guidance was just slightly off.  — The networking hardware maker called …
Russell Brandom / The Verge:
As Facebook bans the Taliban, Twitter says it only takes action against accounts breaking its rules, and YouTube says it will terminate Taliban-linked accounts  —  Who will control Afghanistan's official Facebook page?  —  Social platforms including Facebook, Twitter …
Madhumita Murgia / Financial Times:

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Earlier Picks

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