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July 14, 2022, 4:40 PM
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WeSmirchTop News
| Dan Seifert / The Verge: |
MacBook Air M2 review: thinner with a better screen and webcam, but gets warm and throttles aggressively under intense workloads; base model has a slower SSD — New design, new display, new processor, new price — After 14 years, three revisions, and two different processor architectures …
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Engadget, TechCrunch, Six Colors, MacRumors, Wall Street Journal, Gizmodo, Cult of Mac, CNET, CNBC, PCMag, Redmond Pie, iMore, AppleInsider, Macworld, TheStreet, iThinkDifferent, Tom's Hardware, Input, 9to5Mac, Digital Trends, MobileSyrup, Daily Express, Laptop Mag, Wccftech, iClarified, 9to5Mac, The Mac Observer, MacDailyNews, and YouTube
| Michael McSweeney / The Block: |
NFT marketplace OpenSea CEO Devin Finzer says the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain — - NFT marketplace major OpenSea announced layoffs on Thursday. — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.
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The Verge, CoinDesk, Blockworks, TechCrunch, Web3 Digest, and VICE
Tweets: @dfinzer, @rayno, @josephfcox, @ulonnaya, @autismcapital, @kevincollier, and @howelloneill
| Tom Warren / The Verge: |
Google releases Chrome OS Flex, a Chrome OS version for businesses and schools to run on 400+ old PC and Mac models, after fixing 600+ bugs since February 2022 — Businesses and schools can now install Chrome OS on existing hardware — Google is releasing Chrome OS Flex today …
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Cloud Blog, Ars Technica, The Register, Thurrott, AppleInsider, CNET, XDA Developers, Android Authority, SiliconANGLE, VentureBeat, Android Police, Engadget, and About Chromebooks
Tweets: @alexjamesfitz, @tomwarren, @googleforedu, @caseynewton, and @jperlow
| Wall Street Journal: |
Sources: Stripe, last valued by private investors at $95B, told staff it cut its internal share price by 28%, lowering those shares' implied valuation to $74B — Payments processor was last valued at $95 billion — Payments giant Stripe last valued by private investors at $95 billion …
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New York Times, Crunchbase News, TechCrunch, PYMNTS.com, and The Economic Times
Tweets: @mayazi, @synopsi, @cliffordasness, @berber_jin1, @refsrc, @anthony, and @amazonholder1
| Lucy Harley-McKeown / The Block: |
Los Angeles-based Merkle Manufactory, which is developing a “sufficiently decentralized” social network protocol called Farcaster, has raised $30M led by a16z — - Merkle Manufactory has raised $30 million in a round led by Andreessen Horowitz (a16z).
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Dan Romero, crypto.news, and The Daily Hodl
Tweets: @dwr, @cdixon, @sriramk, @davemorin, @neuroswish, @mkocha_, @rishavmukherji, @alexyoungkwon, @benscharfstein, @top7ico, @omarzipan, @nbashaw, @milesjennings, @simonbuilds, @brennerspear, @pavtalk, @ethjcdenton, @brit, and @0xmasonh
| Ed Shanahan / New York Times: |
A federal jury convicts Vault 7 leaker Joshua Schulte on nine counts, two years after a previous jury failed to agree on eight of the 10 charges he faced then — The top federal prosecutor in Manhattan said Joshua Schulte had engaged in “one of the most brazen and damaging acts of espionage in American history.”
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U.S. Department of Justice, inforisktoday.com, Metacurity, Security Affairs, Associated Press, VICE, Engadget, Gizmodo, Newslit Daily, and The Register
Tweets: @frankfigliuzzi1, @badtakeblake, @chuckcallesto, @xeni, and @carriecordero
| Queenie Wong / CNET: |
Meta says Facebook is testing a way for users to create up to five profiles linked to one account and that switching between profiles will require only two taps — The social network says users will be able to add up to five profiles to their Facebook account. — Queenie Wong
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Bloomberg, Engadget, TechCrunch, and The Verge
Tweets: @kurtwagner8, @thegarance, @karissabe, @yoda, @tuviae, @news_by_nick, @newsynick, @aerocles, @kenwheaton, @noahmallin, @wonky_donky, @scottnover, @andst7, @bullyesq, @zerohedge, @deitaone, @bradmichelson, and @thekenyeung
| Katie Paul / Reuters: |
Meta releases its first human rights report, including due diligence in 2020 and 2021 and a summary of a controversial human rights impact assessment of India — Facebook-owner Meta (META.O) released its first annual human rights report on Thursday, following years of accusations that it turned …
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Engadget, TIME, Meta, rfob.medium.com, and Wall Street Journal
Tweets: @rmac18, @fboversight, @karl_vick, @nickclegg, @vishwanathsarng, @reckless, @aliyabhatia, @newley, @zafaraafaq, @nickclegg, @voiceofsum, and @iainlevine
| Leah Nylen / Bloomberg: |
Sources: the US DOJ is likely to reject Alphabet's concessions and file an antitrust lawsuit in the coming weeks over Google's dominance of the online ad market — The US Justice Department is likely to reject concessions offered by Alphabet Inc., clearing the way for an antitrust lawsuit … | Cho Mu-Hyun / ZDNet: |
Samsung says it has developed a new GDDR6 DRAM with a 24Gbps data transfer rate, 30%+ faster than its 18Gbps predecessor, built on its 10nm process using EUV — The new DRAM will allow premium graphics cards to support a data processing rate of up to 1.1TB, Samsung says.
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Samsung Newsroom, PCMag, Wccftech, The Register, TechRadar, and Neowin. Tweets: @samsungsemius
| Financial Times: |
Former staff and internal documents detail Celsius' implosion; its own compliance unit warned of poor oversight and misrepresentation of financial information — When Daniel Leon, one of the founders of Celsius Network, posted a Twitter video addressed to Warren Buffett in January 2021, he was in high spirits.
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PYMNTS.com, Gizmodo, Finextra, and TechCrunch
Tweets: @dirtybubblemed3, @eliotwb, @0x, @bitfinexed, @richardbistrong, and @kadhim
| CNBC: |
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Business Wire, Wall Street Journal, Bloomberg, Ars Technica, blog.celsius.network, Crunchbase News, Coppola Comment, Bloomberg, Input, Finbold, CryptoSlate, Bankless, The Daily Hodl, Ethereum World News, ZyCrypto, Bitcoinist.com, TheStreet, Crypto Briefing, watcher.guru, TechSpot, Wccftech, The Context, CryptoPotato, The Defiant, Insider, Crypto Daily, coinquora.com, crypto.news, Forkast, Crypto Adventure, Daily Degen, Decrypt, and Engadget
| Nikkei Asia: |
Sources: Intel told customers it will raise prices on most of its CPUs and peripheral chips in autumn due to rising costs; source: prices could rise up to 20% — Customers told move is a response to cost pressures — Intel flagged future “targeted” price rises when it presented its last quarterly earnings in April.| Krisztian Sandor / CoinDesk: |
Circle releases a detailed, but unaudited, breakdown of its reserve assets for USDC, showing $42.1B in short-term US government bonds and $13.6B in cash — The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.
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Circle Blog
| Reuters: |
TSMC beats Q2 estimates with record net profit up 76.4% YoY to $7.94B and revenue up 36.6% YoY to $18.16B, forecasting revenue growth above the past 10 quarters — Taiwan's TSMC (2330.TW) posted a 76.4% surge in second-quarter profit on Thursday, the biggest jump in earnings in eight quarters …
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Nikkei Asia, 9to5Mac, Quartz, Bloomberg, Nikkei Asia, CNBC, iThinkDifferent, KrASIA, TechSpot, South China Morning Post, and Financial Times
Tweets: @birdyword, @paulpage, @nikkeiasia, @danielnewmanuv, @martijnrasser, @iron_man_actual, @jcoviedo6, and @tailosivetech
| Wall Street Journal: |
Sources: activist investor Elliott Management told Pinterest that it has built a stake of 9%+ in the company in recent months; stock is up 15%+ after hours — Activist investor, which has built up a stake of over 9%, has been in discussions with social-media company
Tweets: @stevekovach
| Manish Singh / TechCrunch: |
India-based OneCard, which offers mobile-first credit cards, raised a $100M+ Series D led by Temasek, source says at a $1.4B+ valuation, up from $750M in Jan. — FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest … | Annabelle Dickson / Politico: |
Source: UK's Online Safety Bill is expected to be dropped from parliamentary schedule next week, delaying it until the fall, after Boris Johnson's resignation — LONDON — Progress on Britain's proposed new content regulation law is expected to be delayed until the fall …
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BBC, Android Police, PoliticsHome, The Verge, Sky News, The Guardian, 9to5Mac, and Neowin
Tweets: @kemibadenoch, @hoffman_noa, @eleanormia, @nadinedorries, @charlesarthur, @ruskin147, @staplenick, @jamesmelville, @darrenpjones, @carolvorders, @martinslewis, @alexhern, @frasernelson, @silkiecarlo, @rcolvile, @juliahb1, @alanvibe, @yuanyi_z, @neil_neilzone, @eleanormia, @togetherdec, @eleanormia, and @hoffman_noa
| Lucinda Shen / Axios: |
Pulley, which offers cap table management software, raised a $40M Series B led by Founders Fund at a valuation between $150M and $300M — Pulley, an equity management software company, raised $40 million in Series B funding in a round led by Founders Fund.
Tweets: @shenlucinda and @danprimack
| Martin Matishak / The Record: |
The inaugural report by the DHS Cyber Safety Review Board finds that Log4j has become an “endemic vulnerability” that will persist at least for the next decade — The flaw uncovered late last year in the widely-used Log4j Java library will remain a danger for many years to come … | Joanna Ossinger / Bloomberg: |
JPMorgan: bitcoin's production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs — Bitcoin's cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen …
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CoinDesk, The Block, Barracuda, and CryptoSlate
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