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July 27, 2022, 10:10 AM
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WeSmirchTop News
| Ingrid Lunden / TechCrunch: |
Spotify says it has “decided to stop further production of Car Thing units” and will take a €31M charge, citing demand and supply chain issues — Spotify's push to complement its music streaming with a big move into podcasting and related content appears to be paying off …
More:
The Verge, Engadget, 9to5Mac, Silicon Republic, Digital Trends, and BGR India
Tweets: @heilemann, @ashleyrcarman, and @ashleyrcarman
| Todd Spangler / Variety: |
Source:
Spotify Investor Relations. More:
Thurrott, Wall Street Journal, The Verge, CNET, Engadget, TechCrunch, Deadline, and Financial Times
Tweets: @richlightshed, @eldsjal, @livesquawk, and @tvgrimreaper
| Microsoft - Investor Relations: |
Microsoft reports Q4 revenue up 12% YoY to $51.87B, net income up 2% YoY to $16.7B, Azure up 40% YoY, and LinkedIn up 26% YoY — REDMOND, Wash. — July 26, 2022 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2022, as compared to the corresponding period of last fiscal year:
More:
The Verge, Video Games Chronicle, Finbold, Seeking Alpha, Windows Report, The Shortcut, TrueAchievements, Search Engine Land, Neowin, TechCircle, Fossbytes, SiliconANGLE, and Protocol
Tweets: @domsplaying, @tomwarren, @tomwarren, @samro, @bdsams, @nextgenplayer, @samro, @munster_gene, @benjisales, @carnage4life, and @patrickmoorhead
| Jordan Novet / CNBC: |
More:
TechCrunch, Financial Times, Transistori, Coinspeaker, Silicon Republic, and Reuters
Tweets: @toddbishop and @cnbcnow
| Jason Schreier / Bloomberg: |
Interviews with 20+ people describe GTA developer Rockstar's attempts to change its male-heavy workplace culture, starting in 2018, after complaints and burnout — In the summer of 2020, after a police officer killed George Floyd, Rockstar Games quietly shelved a mode of play it had planned …
More:
Bloomberg, IGN, Dexerto, Digital Trends, TrueAchievements, Pure Xbox, and Press Start
| Emily Birnbaum / Bloomberg: |
Sources: Senate Majority Leader Chuck Schumer told donors at a fundraiser that the AICO Act to pare back the power of Big Tech companies doesn't have the votes — Senate Majority Leader Chuck Schumer told a group of donors that he doesn't believe that there are enough votes in the Senate …
More:
9to5Mac, HuffPost, and New York Post
| Leah Nylen / Bloomberg: |
Tweets: @aghose, @neil_chilson, @leah_nylen, @digitaldemoc, @neil_chilson, @vfranz73, @birnbaum_e, @benvol, @neil_chilson, @neil_chilson, and @daveyalba
| Tom Warren / The Verge: |
Sony teases more PlayStation VR2 details, including a see-through view, a broadcast mode for filming gameplay, and a cinematic mode for non-VR games and media — There are also see-through and cinematic modes — Sony is teasing some more details about its upcoming PlayStation VR2 headset today.
More:
PlayStation.Blog, Club386, SamMobile, TechRadar, Video Games Chronicle, Engadget, XDA Developers, PCMag, Gizmodo, IGN, UploadVR, Polygon, Input, and Ars Technica
Tweets: @playstation, @andrearene, @personaspeaks, @nickstatt, @nibellion, and @hrafntho
| Ivan Mehta / TechCrunch: |
Google announces Maps updates: photorealistic aerial views of nearly 100 landmarks, more detailed cycling routes, and improved location sharing — Google — facing increasing competition from other apps like Instagram and TikTok when it comes to consumers searching for things …
More:
The Keyword, Silicon Republic, Android Police, The Verge, Gizchina, MacRumors, Engadget, BGR, TechRadar, 9to5Google, and 9to5Google
| Vikas SN / Moneycontrol: |
| Emily Baker-White / BuzzFeed News: |
Four former ByteDance employees say the company promoted pro-China content to Americans in its now-defunct news app TopBuzz; ByteDance denies the claims — Former employees claim the company placed pieces of pro-China content in its now-defunct US news app, TopBuzz, and censored negative stories about the Chinese government.
More:
Washington Post, Fortune, Engadget, and MSPoweruser
Tweets: @ebakerwhite, @ebakerwhite, @bryanrwalsh, @alexisohanian, and @mattmittenthal
| Chris Stokel-Walker / Gizmodo: |
More:
The Verge and Cybernews.com
Tweets: @annalecta, @stokel, @stokel, @alexhern, @brendancarrfcc, @stokel, and @iblametom. Thanks:@stokel
| Alphabet - Investor Relations: |
Alphabet reports Q2 revenue up 13% YoY to $69.69B, net income of $16B, down from $18.53B YoY, and Google Cloud revenue of $6.28B, up from $4.63B YoY — MOUNTAIN VIEW, Calif. - July 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2022.
More:
PYMNTS.com, CNBC, Coinspeaker, The Economic Times, and The Information
Tweets: @patrickmoorhead, @epro, @patrickmcgee_, @rustybrick, @lexnfx, @lexnfx, @tuviae, and @munster_gene
| Reuters: |
More:
Search Engine Land, The Economic Times, InfoWorld, Search Engine Roundtable, PYMNTS.com, New York Times, The Register, TechRadar, and AdExchanger. Tweets: @gartenberg
| Duncan Riley / SiliconANGLE: |
An IBM study of 550 global organizations finds the average cost of a data breach is $4.35M, up ~13% over the last two years, and 83% had more than one breach — A new report from IBM Security today reveals that data breaches are costlier and more impactful than ever before.
Source:
IBM and IBM. More:
Metacurity, VentureBeat, Silicon Republic, CNET, Livemint, The Economic Times, Security Boulevard, ZDNet, Tech Monitor, and TechRepublic
| Dan Goodin / Ars Technica: |
Kaspersky researchers find a malicious UEFI-based rootkit used in the wild since 2016 that keeps PCs infected after an OS reinstall or a hard drive replacement — Turns out they're not all that rare. We just don't know how to find them. — Researchers have unpacked a major cybersecurity find …
Source:
Securelist. More:
CSO and PC Gamer
Tweets: @justicerage, @sunnynehrabro, @evacide, and @k8em0
| MK Manoylov / The Block: |
Unstoppable Domains, which offers NFT domains as a personal identifier across Web3 apps, raised a $65M Series A led by Pantera Capital at a $1B+ valuation — - Unstoppable Domains announced Wednesday that it raised $65 million in a Series A funding, reaching a $1 billion valuation.
More:
Unstoppable Domains, Decrypt, CoinDesk, Blockworks, TechCrunch, Coinspeaker, CoinJournal, Fortune, and Forbes
| Ashley Capoot / CNBC: |
Responding to criticism, Adam Mosseri says Instagram's full-screen feed is “a test” that is “not yet good” and that the app has to lean into the shift to video — - Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.
Source:
@mosseri. More:
On my Om, Protocol, Engadget, Washington Post, BuzzFeed News, Webb Chatham Report, Wall Street Journal, Seven Heads, On the Path, and BGR India
Tweets: @lessin, @mosseri, @ashleyrcarman, @mosseri, @jeffhorwitz, @willoremus, @mosseri, @kocienda, @mosseri, @nikitabier, @mattufford, @balajis, @polotek, @nadeshot, @alexisohanian, @mattxiv, @karenattiah, @davidchoimusic, @mattufford, @boxofhamsters, @stevesi, @paultassi, @edzitron, @chrismessina, @offbeatorbit, @nbcsandiego, @yaeleisenstat, @_zeets, @rmac18, @jeffnolan, @draecomino, @turnernovak, @bdgrabinski, @austen, @motherquoter, @mrmedina, @iambrandontv, @wagatwe, @technacity, @benedictevans, @benedictevans, @benedictevans, and @benedictevans
| Taylor Lorenz / Taylor Lorenz's Newsletter: |
More:
New York Times. Tweets: @jacklynwille, @dlberes, @stefficao_, @marc_normandin, @m_scribe, @taylorlorenz, @taylorlorenz, @taylorlorenz, @taylorlorenz, @taylorlorenz, and @taylorlorenz
| Alex Heath / The Verge: |
Mark Zuckerberg tells employees Meta and Apple are in a “very deep, philosophical competition” to build AR and VR devices and determine the internet's direction — “This is a competition of philosophies and ideas,” Meta's CEO recently told employees
More:
Insider, Reuters, 9to5Mac, Washington Post, and MacRumors
| Bill Toulas / BleepingComputer: |
Unit 42: hackers typically scan for vulnerabilities within 15 minutes of a new CVE disclosure; the first active exploitation attempts are observed within hours — System administrators have even less time to patch disclosed security vulnerabilities than previously thought …
Source:
Unit 42. More:
ZDNet, TechRadar, Digital Trends, and The Hacker News
Tweets: @kaynemcgladrey, @jorune00, @naderzaveri, @nuitking, and @wendiwhitmore
| New York Times: |
Sources: the Treasury Department has been investigating US-based crypto exchange Kraken since 2019 for potentially violating US sanctions on Iran and more — The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.
More:
CoinQuora, Blockworks, Waivly, Coinpedia, Engadget, Blockchain News, Inside Bitcoins, Micky, Watcher Guru, Coinspeaker, Ethereum World News, CNET, and CoinDesk
Tweets: @mattzeitlin, @aridavidpaul, @jwverret, @bennetttomlin, @nktpnd, @doombergt, @rmac18, and @rmac18
| Stefania Palma / Financial Times: |
US CFPB Director Rohit Chopra says the agency should “take a very careful look” at Big Tech entering the buy now, pay later space, after Apple's BNPL debut — Rohit Chopra says his agency will take ‘very careful look’ at Big Tech foray into ‘buy now, pay later’
More:
AppleInsider, Finextra, 9to5Mac, PYMNTS.com, Patently Apple, Reuters, Bloomberg Law, and American Banker
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| Stefanie Marotta / Bloomberg: |
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Shopify. More:
BetaKit, The Economic Times, and Australian Financial Review
Tweets: @carnage4life, @carnage4life, @markrmcqueen, and @mattahertz
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| Ian Hamilton / UploadVR: |
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Tweets: @metaquestvr, @id_aa_carmack, @munster_gene, @stevekovach, @mgsiegler, @uploadvr, @metaquestvr, @neiltwitz, @stevencmutter, @id_aa_carmack, @ramzzy_, @gartenberg, @ethangach, @caseynewton, @ethangach, @mgsiegler, @mingchikuo, @anshelsag, @gartenberg, @id_aa_carmack, @mgsiegler, @dcseifert, @anshelsag, @joannastern, @karlbode, @cixliv, @nathievr, @kentbye, @karlbode, @neiltwitz, @neiltwitz, @futterish, @mikeisaac, @paultassi, @paul__armstrong, @robertflorence, @yelix, @futterish, @maxwinebach, and @toadsanime