Techmeme
July 22, 2022, 6:50 AM

Top News

Jonathan Vanian / CNBC:
Snap Q2: revenue up 13% YoY to $1.11B, vs. $1.14B est., DAUs up 18% to 347M, vs. 344.2M est., net loss of $422M, up from $152M YoY; stock falls 25%+ after hours  —  - Snap missed on the top and bottom lines in its second-quarter earnings report.  — The company authorized a stock repurchasing program of up to $500 million.
Richard Lawler / The Verge:
Instagram says all new video posts under 15 minutes will now be shared as Reels and videos under 90 seconds from public accounts will be recommended to others  —  And it's combining the Reels / Video section of your profile under one tab  —  Welcome to the new era of Instagram …
Jon Porter / The Verge:
Bloomberg:
The US DOJ arrests a former Coinbase product manager for allegedly leaking insider info about tokens before they were listed; Coinbase won't face charges  —  US authorities arrested a former Coinbase Global Inc. product manager for allegedly leaking insider information to help his brother …
Tim Copeland / The Block:
Emily Birnbaum / Bloomberg:
Apple is on track for its biggest year of US lobbying, spending $4.6M in H1 2022, as Tim Cook becomes one of the country's most politically active tech CEOs  —  Apple Inc. Chief Executive Officer Tim Cook wasn't fully sold on having a team of Washington lobbyists a decade ago.

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More News

Allison Johnson / The Verge:
Lauren Feiner / CNBC:

Earlier Picks

Ben Horowitz / Andreessen Horowitz:
Josh Dzieza / The Verge:
Dylan Smith / Digital Music News:
Ingrid Lunden / TechCrunch: