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July 22, 2022, 11:35 AM
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| Annie Palmer / CNBC: |
Twitter reports Q2 revenue of $1.18B, down 1% YoY, a net loss of $270M, down from $66M in net income last year, and 237.8M mDAUs, up 16.6% YoY — - Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
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New York Times, Twitter, Associated Press, Decrypt, Forbes, TechCrunch, Engadget, Bloomberg, Axios, Financial Times, The Wrap, Android Central, BBC, and Just for Starters
Tweets: @alistairmbarr, @davepell, @carnage4life, @aparanjape, @newley, @ryan_browne_, and @carnage4life
| Jacob Kastrenakes / The Verge: |
Twitter says ad revenue grew 2% to $1.08B in Q2 and blames its revenue slide on uncertainty around the Elon Musk acquisition and ad industry problems — Musk is creating ‘uncertainty’ for advertisers — Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.
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Tweets: @carnage4life, @arainert, and @pierce
| Zoe Kleinman / BBC: |
Twitter reiterates its estimate that the average of false or spam accounts represented fewer than 5% of MAUs in Q2 — Twitter spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022. — It also said its number of monthly daily users had risen to 237m …
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The Verge
| Ashley Capoot / CNBC: |
Snap opens down 33% following its Q2 earnings report; Snap stock is down 77% year-to-date — - Shares of Snap fell 35% on Friday, a day after the company reported disappointing second-quarter results. — Snap attributed its results to a challenging economy, slowing demand for its online platform …
Tweets: @alistairmbarr and @davepell
| 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 — - 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.
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Snap, Slate, Wall Street Journal, MarketWatch, PYMNTS.com, Bloomberg, The Verge, CNN, Mobile Dev Memo, New York Times, CNBC, Coinspeaker, Finbold, Dana Blankenhorn, Benzinga, MarketWatch, Barron's Online, SiliconANGLE, Forbes, Adweek, Reuters, Axios, Deadline, TechCrunch, Reuters, Bloomberg, and Variety
| Ingrid Lunden / TechCrunch: |
Theator, which uses AI to analyze video captured during surgeries and provide insights, raised $24M led by Insight Partners, bringing its Series A to $39.5M — When it comes to video-based data, advances in computer vision have given a huge boost to the world of research … | Jon Brodkin / Ars Technica: |
FCC chair asks carriers to explain how they use geolocation data, as Congress debates a law that may preempt the FCC from regulating carriers' privacy practices — Inquiry launched as Congress debates bill that could gut FCC's privacy authority. — Federal Communications Commission …
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9to5Mac, The Daily Dot, and Light Reading
Tweets: @jrosenworcel, @jrosenworcelfcc, and @karlbode
| Brandy Betz / CoinDesk: |
Hashflow, a DeFi trading app, raised a $25M Series A from Jump Crypto, Wintermute, GSR, and Coinbase's and Kraken's VC arms, among others, at a $400M valuation — The platform uses an asset pricing model that offers interoperability, lower fees and no slippage.
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Hashflow, FinSMEs, Coinspeaker, ETH Daily, Blockworks, Business Wire, and The Block
| AJ Vicens / CyberScoop: |
Ukraine says hackers attacked TAVR Media, which operates nine radio stations, to broadcast a fake message that President Zelenskyy was in critical condition — Cyber criminals attacked a Ukrainian company that operates nine “major” radio stations to spread a message that Ukrainian President … | Kwasi Gyamfi Asiedu / Protocol: |
A look at Meta's $150M Meta Immersive Learning project, through which it has partnered with Iowa-based VR startup VictoryXR to create 10 “metaversities” — During her inorganic chemistry class at Morehouse College in the spring of 2021, Dr. Muhsinah Morris launched a little experiment.| oversightboard.com: |
Meta's Oversight Board Trust says the company is giving $150M to the trust as part of ongoing financial support, following a $130M contribution in 2019 — Today the Oversight Board Trust announced that Meta has made a commitment that provides for ongoing financial support for the Oversight Board.
Tweets: @oversightboard, @robleathern, and @oversightboard
| 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 …
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Meta, TNW, The Verge, TechCrunch, Pocket-lint, Social Media Today, Digital Trends, Search Engine Land, and The Verge
| Tim Copeland / The Block: |
The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens — - The SEC has arrested and charged a former Coinbase employee with wire fraud. — In the SEC complaint, it mentions nine tokens and says they are all securities.
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The Coinbase Blog, Securities and Exchange Commission, The Verge, CNBC, Blockworks, Crypto Owl's Newsletter, Wall Street Journal, CoinDesk, CryptoSlate, Decrypt, crypto.news, Protocol, The Register, Crypto Briefing, Cointelegraph, Mashable, PC Gamer, CoinJournal, Finextra, Ethereum World News, Heretic Speculator, Crowdfund Insider, Bitcoinist.com, CryptoGlobe, Washington Post, and Fortune
Tweets: @haileylennonbtc, @lund_dane, @thenewsham, @ncweaver, @stonedpipez, @carnage4life, and @neerajka
| Bloomberg: |
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U.S. Securities …, U.S. Department of Justice, CoinDesk, Finextra, Axios, The Coinbase Blog, New York Times, TechCrunch, Financial Times, Waivly, Reuters, Quartz, CoinGeek, Micky, CoinQuora, Coinspeaker, Cryptonews, CryptoPotato, GeekWire, Silicon Valley Business …, CNBC, Watcher Guru, New York Post, Decrypt, and Bitcoin Magazine
Tweets: @carolinedpham, @brian_armstrong, @neerajka, @briankrebs, @leereiners, @ohaiom, @krugermacro, @notgrubles, @matt_levine, @thecoomunist, @dog_shill, @brian_armstrong, @secgov, @tier10k, @reckless, @adamscochran, @crypto_bitlord7, @pitdesi, @jacqmelinek, @verge, @carnage4life, @fintechfrank, @alexhern, @jwverret, @damedoteth, @damedoteth, @sridinats, @rmac18, @jeffjohnroberts, and @wublockchain
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