Techmeme
July 28, 2022, 6:35 PM

Top News

Casey Newton / Platformer:
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations  —  Say goodbye to the full-screen feed, and at least some of those recommendations — for now.  Adam Mosseri explains why
Apple:
Apple reports record Q3 revenue up 2% YoY to $83B, vs. $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B  —  iPhone and Services drive June quarter record revenue  —  Active installed base of devices reaches all-time high for all major product categories
Kif Leswing / CNBC:
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022  —  KEY POINTS  — Analysts are expecting the company to give fourth-quarter guidance of $1.31 in earnings per share and nearly $90 billion in sales.
Amazon:
Amazon reports Q2 revenue up 7% YoY to $121.2B, $2B net loss vs. $7.8B net income in Q2 2021, and AWS revenue up 33% YoY; the stock jumps 10%+ after hours  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.
Matthew Sparkes / New Scientist:
DeepMind says AlphaFold has predicted, in 18 months, the structure of almost every protein cataloged by science, 200M+ in total, a biology problem for decades  —  Artificial intelligence firm DeepMind has transformed biology by predicting the structure of nearly all proteins known to science …
Makena Kelly / The Verge:
The US House passes the Chips and Science Act, which includes $52B+ for US chipmakers and tax credits to encourage investment; Biden now must sign it into law  —  All that's left is Biden's signature  —  It might get cheaper and easier to buy popular tech products, like gaming consoles and graphics cards …
Tom Warren / The Verge:
Sony begins testing support for a 1440p video output option on the PlayStation 5, a widely requested feature, alongside curated gamelists and new social tools  —  Beta testers get access today  —  Sony is starting to test 1440p resolution support for its PlayStation 5 console, a highly-requested addition.
Amanda Silberling / TechCrunch:
Twitter tests a status feature for tweets, letting select users in the US and Australia add a label from a predetermined list “to provide more context”  —  Facebook is trying to be TikTok, but now, Twitter is bringing us back a little bit of Facebook (or LiveJournal, or Myspace).
Amanda Silberling / TechCrunch:
Instagram's new feature Dual copies BeReal's front and back camera capture quirk, but misses that people like BeReal because it's non-addictive by design  —  BeReal is all about friends and habits — not the algorithm  —  We know the drill: Snapchat adds the Stories feature, Instagram nabs it.
Richard Lawler / The Verge:
Google rolls out a new Gmail UI, moving the Mail, Meet, Spaces, and Chat buttons onto a rail in the top left, and teases a tablet update for later in 2022  —  It's not that different  —  We've been tracking the progress of Google's interface refresh for Gmail since February, and as promised …
Sara Fischer / Axios:
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab  —  Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
Joshua Brustein / Bloomberg:
Hours before Sky Mavis told users it was hacked, CEO Trung Nguyen moved about $3M worth of Axie Infinity's main token AXS; Sky Mavis says it was to help users  —  This spring, Sky Mavis, the startup that makes the video game Axie Infinity, announced it had suffered a devastating hack.
Wall Street Journal:
Sources: Jack Ma plans to relinquish control of Alibaba affiliate Ant Group, potentially pushing back Ant's IPO for a year or more; regulators okayed the change  —  The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year
@chrislyons:
VeeFriends, Gary Vaynerchuk's NFT project that provides online and in-person community events, raised $50M led by a16z  —  gm! I'm very excited to announce that @a16z crypto is leading a $50M round in @veefriends. We look forward to helping the team fuel expansion plans for its creative, technical and experiential operations that support the growing Web3 community! https://a16zcrypto.com/...
Ina Fried / Axios:
Meta partners with YouGov and Oasis Labs to survey US Instagram users' race and make sure its products and AI operate fairly; Meta will only get aggregate data  —  Facebook parent Meta plans to partner with an outside group to survey the race of Instagram customers in hopes of better understanding …
Jordan Novet / CNBC:
Intel reports Q2 revenue down 22% YoY to $15.32B, vs. $17.92B est., a $454M net loss, and Datacenter and AI Group revenue down 16% YoY to $4.6B; stock down 5%+  —  - Intel slashed its full-year guidance and turned in worse-than expected quarterly results.  — The company launched new chips …
Chris Welch / The Verge:
Google Pixel Buds Pro review: good ANC, improved sound, lengthy battery life, and no frequent dropouts, but transparency mode, audio fidelity, and mic need work  —  Google's premium buds have more features — without deal-breaking flaws  —  It wasn't a sure thing that the Pixel Buds Pro would turn out to be good.
Financial Times:
John Loeffler / TechRadar:
Recent AMD and Nvidia leaks show upcoming GPUs will consume excessive power, a high cost environmentally and economically for diminishing returns in graphics  —  The planet may burn but at least the end will be ray-traced at 8K  —  A number of recent news items over the past few weeks …

Sponsor Posts

Command Line:
GitHub Universe 2026: Highlights from the developer's developer conference  —  Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Introducing the new Zoho Analytics: Agentic analytics for every business  —  We're excited to announce the launch of the new Zoho Analytics!  This release marks a major shift for the product …
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

The Upstarts Podcast:
The Accidental YC Founder Solving AI's GPU Crisis | SF Compute's Evan Conrad
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Cheeky Pint:
Why Sam Altman is against a single superintelligence
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Great Chat:
The case for AI optimism
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Sources:
Tobi Lütke on the AI agent revolution and future of Shopify
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Big Technology Podcast:
This AI Expert Argues We're Underestimating AI's Productivity Impact — With Ethan Mollick
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.
Machine Gods:
Inside Anthropic's IPO + How AI agents spy on your messages
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
Subscribe to Machine Gods.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:35 PM ET, July 28, 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

Daniel Cooper / Engadget: