Techmeme
July 4, 2022, 6:25 PM

Top News

Manish Singh / TechCrunch:
Crypto lender and exchange Vauld pauses withdrawals, trading, and deposits and says it's exploring a restructuring, after users withdrew $197.7M+ since June 12  —  Vauld, a Singapore-headquartered crypto lending and exchange startup, has suspended withdrawals, trading and deposits …
Sarah Zheng / Bloomberg:
An unidentified hacker on a forum is selling 23TB+ of allegedly stolen data on up to 1B Chinese residents for 10 BTC, after breaching a Shanghai police database  —  Unknown hackers claimed to have stolen data on as many as a billion Chinese residents after breaching a Shanghai police database …
Mark Gurman / Bloomberg:
As Apple ramped up Mac chip investments, improvements to its other chips slowed down; sources say Apple Watch Series 8 might be able to detect a fever in users  —  When it comes to Apple's chip advancements, the company's iPhone and watch are taking a back seat to the Mac.
Dan Milmo / The Guardian:
Chainalysis: NFT sales totaled just over $1B in June 2022, a 12-month low since June 2021 when sales were $648M; sales peaked at $12.6B in January 2022  —  Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January
Meir Orbach / CTech:
Source: Celsius laid off 150 employees, around a quarter of its staff, after pausing withdrawals; Celsius is exploring “a restructuring of our liabilities”  —  The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis …
Jane Clinton / The Guardian:
The UK Army is investigating “a breach” of its Twitter and YouTube accounts, which on July 3 shared crypto scams and misinformation before being restored  —  Investigation under way after interview with Elon Musk uploaded to video channel and picture of cartoon monkey seen on Twitter
Keith Cornett / CorvetteBlogger.com:
Chevrolet's first NFT auction, of an original artwork with a unique green 2023 Corvette Z06, had zero bids, as ETH's price fluctuated between $1,160 and $1,225  —  Sometimes what might have been a great idea when it was proposed months ago can turn out to be a dud.
Sarah Butler / The Guardian:
Amazon launches a “micromobility” hub in Hackney, London with a fleet of partner-operated e-cargo bikes and on-foot staff to replace thousands of van deliveries  —  Online retailer opening ‘micromobility’ hub in Hackney as part of efforts to cut carbon emissions
Jill Goldsmith / Deadline:
The annual Sun Valley conference begins on July 6; invitees include Elon Musk, Mark Zuckerberg, Tim Cook, Andy Jassy, Sundar Pichai, and Reed Hastings  —  The mountains are as gorgeous as ever, the deal climate not so much as boutique investment bank Allen & Co. prepares to host its annual Sun Valley retreat.
Asa Fitch / Wall Street Journal:
After a pandemic frenzy to buy laptops and other gadgets, Intel, Nvidia, Micron, and others suggest crypto mining, PC gaming, and smartphone demand is weakening  —  Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand
Financial Times:
Legal experts say a Japanese antitrust court ruling could force tech companies such as Google, Meta, and Amazon to reveal the inner workings of their algorithms  —  Legal experts suggest case related to recommendations site Kakaku.com could have broader implications

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more  —  Once we rolled out the automation flow designer in Zoho Writer's merge templates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:25 PM ET, July 4, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Pew Research Center:
Chris Gilliard / Wired:

Earlier Picks

Nelson Rauda Zablah / New York Times:
Ionut Ilascu / BleepingComputer:
Yiwen Lu / Washington Post: