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

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything.  Cape doesn't.  —  Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more.  Switch today and get 29% off for life.
Zoho:
Meet Zoho Social MCP: Your AI assistant can now help run social media  —  Social media management has come a long way from simply publishing posts.Today, marketers are expected to create content …
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

Channels with Peter Kafka:
Joanna Stern on the New Siri, OpenAI's Weird Gadget, and Life After the Wall Street Journal
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.
Subscribe to Channels with Peter Kafka.
Big Technology Podcast:
Here's How The AI Bubble Bursts — With Paul Kedrosky
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Invest Like the Best:
Eric Vishria - A Decade of Lessons Investing in Software & Hardware
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
The Talk Show With John Gruber:
'Getting the Snack Right', With Chance Miller
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Grit:
Booking.com CEO on AI and the Future of Travel
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:15 AM ET, July 23, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Rest of World:
Bloomberg: