| Jonathan Stempel / Reuters: |
Apple agrees to pay $50M to settle a class-action lawsuit claiming the company knew and concealed that its MacBook butterfly keyboards were prone to failure — Apple Inc (AAPL.O) agreed to pay $50 million to settle a class-action lawsuit by customers who claimed it knew and concealed that the … | Malathi Nayak / Bloomberg: |
| CNBC: |
The Delaware Court of Chancery grants Twitter an expedited five-day trial in October in its lawsuit against Elon Musk, who wanted the trial to begin in 2023 — - Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. — Delaware Court … | Ivan Mehta / TechCrunch: |
Google will let non-gaming Android apps provide alternative billing systems for IAP, reducing Google's Play Store cut by 3%, in the European Economic Area — Google said today it will allow developers of non-gaming apps on the Play Store to provide alternative billing systems for in-app transactions … | Aisha Malik / TechCrunch: |
Instagram adds a searchable map for exploring nearby popular tagged locations, which can be filtered by restaurants, cafes, beauty salons, and other categories — Meta CEO Mark Zuckerberg announced today that the company is introducing a new searchable and dynamic map experience on Instagram.| Aisha Malik / TechCrunch: |
| Todd Spangler / Variety: |
YouTube rolls out new shopping features, including a Shopify partnership to let eligible US creators and merchants link their Shopify store and YouTube channel — YouTube already soaks up billions of hours of the world's attention. Now the video giant also wants to hoover up a bigger piece of consumers' online purchases.| Wall Street Journal: |
Memo to staff: Meta is reallocating resources from Facebook's News tab and newsletter platform Bulletin, as the company focuses more on the creator economy — Senior executive Campbell Brown told employees that products will be ‘put on the backburner’ — Meta Platforms Inc.'s Facebook … | Katyanna Quach / The Register: |
Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave — Clouds burst as nation hits 40C — Cloud services and servers hosted by Google and Oracle in the UK have fallen offline due … | Taylor Hatmaker / TechCrunch: |
Amazon files a lawsuit against the administrators of 10K+ Facebook groups that offer cash or goods to users willing to post bogus product reviews on Amazon — If the reviews of the last completely necessary and not at all superfluous thing you bought on Amazon looked like so much copypasta … | Rachael Levy / Reuters: |
Sources: Neuralink co-founder Paul Merolla left the company in recent weeks, the latest in a string of departures at the Elon Musk-backed brain implant startup — A founding member of Elon Musk's Neuralink left the company in recent weeks, according to two people familiar with the matter … | Jon Porter / The Verge: |
Samsung appears to use “cryptic” puzzles on Twitter to confirm its next Unpacked event is on August 10, 2022, as rumors suggest new foldables and smartwatches — Sure looks like the leaks were accurate — In a trio of images posted to its official Twitter account … | Sarah Whitten / CNBC: |
Netflix reports Q2 revenue up 9% YoY to $7.97B, , vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; stock jumps 5%+ after hours — Netflix shares jumped 6% after the company said it lost fewer subscribers than anticipated during the second quarter.| Christopher Zara / Fast Company: |
BeReal, the social photo sharing app launched in early 2020 in France, is the No. 1 free app in Apple's US App Store; Sensor Tower: BeReal has 20M+ installs — No doubt you've seen the innumerable recent hot takes about BeReal. The French photo app, launched in early 2020 as a kind … | Chris Welch / The Verge: |
Amazon starts rolling out a Prime Video redesign for Android and connected TV devices, with a Netflix-like look, a top 10 list, a vertical navigation, and more — New navigation, a top 10 list, and a very familiar look and feel — Compared to Netflix, Disney Plus, and other major streaming services … | Erin Brodwin / Axios: |
Memo to staff: health care administration automation startup Olive AI, valued at $4B in July 2021, lays off 450 employees, or ~31%, after ~40 employees left — Exit Content Preview … - “Our fast-paced growth and lack of focus strained our product and engineering resources and prevented us … | Zack Whittaker / TechCrunch: |
BitSight: a popular GPS vehicle tracker made by Shenzhen-based Micodus can be easily exploited to track and remotely cut the engines of at least 1M vehicles — Security vulnerabilities in a popular Chinese-built GPS vehicle tracker can be easily exploited to track and remotely cut the engines … | Miles Weiss / Bloomberg: |
Capital Group cuts Instacart's valuation to $14.7B, below the startup's $24B calculation in March 2022, the second investor to cut the valuation in recent weeks — Instacart Inc. investor Capital Group Cos. cut its valuation to $14.7 billion, far below the online grocery-delivery firm's own calculation of $24 billion.| Wall Street Journal: |
Sources: China will impose a $1B+ fine on Didi over its cybersecurity practices and ease restrictions, letting Didi restore its apps and pursue a Hong Kong IPO — The move ends a yearlong investigation and will free up the company to pursue a second listing in Hong Kong| Kris Holt / Engadget: |
Crunchyroll drops prices in nearly 100 countries and territories, cutting the Mega Fan plan by 25% in the UK, nearly 50% in the UAE, and nearly 90% in India — Crunchyroll is changing prices for users in nearly 100 countries and territories, but not in the way you'd probably expect.
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| Martin Matishak / The Record: |
| Foreign Policy: |
| Greg Kumparak / TechCrunch: |
| Lucas Shaw / Bloomberg: |
| Bill Toulas / BleepingComputer: |
| Jackie Davalos / Bloomberg: |