Techmeme
July 23, 2022, 2:15 AM

Top News

Bloomberg:
An interview with 3AC founders Su Zhu and Kyle Davies, who may be hiding in the UAE, on its “regrettable” collapse, leverage, Luna, risk management, and more  —  After five weeks in hiding, the disgraced founders of Three Arrows Capital spoke extensively about the spectacular implosion …
Bloomberg:
Source: FTX is in advanced talks to acquire South Korean cryptocurrency exchange Bithumb  —  FTX, the crypto trading platform co-founded by billionaire Sam Bankman-Fried, is in advanced talks to buy South Korea's Bithumb, a person with knowledge of the matter said.
Cameron Thompson / CoinDesk:
FTX plans to let customers of bankrupt crypto lender Voyager create new accounts on FTX, funded by an early distribution of a part of their bankruptcy claims  —  The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims.
Annie Palmer / CNBC:
Twitter reports Q2 revenue down 1% YoY to $1.18B, vs. 1.32B est., a $270M net loss, down from $66M in net income a year ago, 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.
Jacob Kastrenakes / The Verge:
Zoe Kleinman / BBC:
Sergiu Gatlan / BleepingComputer:
Microsoft resumes blocking VBA macros by default in downloaded Office documents, after rolling it back earlier this month following user feedback  —  Microsoft announced today that it resumed the rollout of VBA macro auto-blocking in downloaded Office documents after temporarily rolling …
Ashley Capoot / CNBC:
Snap's stock closes down 39.08% following its Q2 earnings report that missed expectations, and is down 78%+ year-to-date  —  - Shares of Snap fell 39% on Friday, a day after the company reported disappointing second-quarter results.  — Snap attributed its results to a challenging economy …
Todd Bishop / GeekWire:
T-Mobile agrees to pay $350M to settle a class action lawsuit over a cyberattack in 2021 that impacted 76M+ customers and pledges $150M in security investments  —  T-Mobile agreed Friday to pay $350 million to settle class-action lawsuits brought over an August 2021 cyberattack …
Cat Zakrzewski / Washington Post:
A South Carolina bill would make it illegal to host, or provide access to, a website with information that is “reasonably likely to be used for an abortion”  —  More states could follow, setting up a battle over the future of online speech across the country.  —  Listen  —  Gift Article
Mike Allen / Axios:
Amazon SVP of global corporate affairs Jay Carney plans to join Airbnb in September 2022 as global head of policy and communications, succeeding Chris Lehane  —  Jay Carney, who was White House press secretary under President Obama, will move from Amazon to Airbnb as global head of policy and communications.
David Segal / New York Times:
A look at Ukraine's thriving tech sector amid war; National Bank of Ukraine: tech firms brought in $3.1B in revenue from January to May 2022, up from $2.5B YoY  —  Ukrainian technology companies have earned billions.  But with most executives unable to meet foreign clients, the good times may not last.
Oversight Board:
Meta's Oversight Board Trust says the company is giving $150M to the trust as part of ongoing financial support, after its initial $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.

Sponsor Posts

ElevenLabs:
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Niantic Spatial:
World models need real-world data  —  Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics.  Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
ETL tool evaluation checklist: 6 things to look for before you choose  —  Your data is only as valuable as your ability to move, prepare, and access it efficiently.  Choosing the wrong ETL tool can lead to months of rework …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce 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:
Are We Too Obsessed With AI Predictions? — With Carissa Véliz
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Great Chat:
The hills we'll die on
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Channels with Peter Kafka:
Jason Blum Built a Hit-Making Movie Machine. Does It Still Work?
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.
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Cheeky Pint:
The economics and trends of the restaurant industry, with Tony Xu of DoorDash
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Invest Like the Best:
Alex Karnal - The Trillion-Dollar Health Revolution
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
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