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August 2, 2022, 2:40 PM
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| Brian Newar / Cointelegraph: |
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies — Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours. — 57 Total views
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CoinDesk, Web3 is going just great, Metaverse Post, Bloomberg, TechCrunch, The Record, InfoRiskToday.com, Gizmodo, Read and Share Twitter …, Protocol, The Verge, Security Boulevard, CNBC, Chainalysis, Decrypt, Blockworks, Mashable, Crypto Briefing, CryptoSlate, and CoinDesk
Tweets: @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @mg_486662, @fatmanterra, @samczsun, @xiliangchen, @paradigmeng420, @0xfoobar, @moonbeamnetwork, @notifi_xyz, @mudit__gupta, @moonbeamnetwork, @el33th4xor, @silvermanjacob, @samczsun, @chainlinkgod, @nassyweazy, @moonbeamnetwork, @0xfoobar, @andysayler, @0xmisaka, @dzack23, @mmasnick, @cl207, @quantstamp, @cointelegraph, @jonrog1, @nickadobos, @0xfoobar, @fatmanterra, @benedictevans, @benedictevans, @levicook, @bradwilson, and @matthuang
| Mitchell Clark / The Verge: |
Samsung launches its iFixit repair program, covering Galaxy S20, S21, and Tab S7+ devices; S22 flagships are not supported and the number of repairs are limited — But not its latest phones and tablets — Samsung and Fixit have launched their repair program that lets Galaxy S20, S21 …
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Samsung Newsroom, iFixit News, TechCrunch, iFixit News, PCMag, Engadget, XDA Developers, 9to5Google, and ZDNet
| Mengqi Sun / Wall Street Journal: |
New York's State Department of Financial Services fines Robinhood's crypto unit $30M for allegedly violating anti-money laundering and cybersecurity regulations — The New York State Department of Financial Services alleges that Robinhood violated anti-money-laundering and cybersecurity regulations
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The Verge, The Block, Decrypt, PYMNTS.com, Protocol, Finbold, Finextra, Bloomberg, Bitcoinist.com, CryptoSlate, CoinDesk, CNBC, Cointelegraph, CoinGape, Crypto Briefing, Four Eyes Finance, and Tech News
Tweets: @lex_node and @wsjmarkets
| Washington Post: |
Legal docs: in its Elon Musk lawsuit, Twitter subpoenaed info about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis, others — Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
More:
Insider, Wccftech, and Bloomberg
Tweets: @jtlonsdale, @lizzadwoskin, @buccocapital, @arainert, @taylorlorenz, @faizsays, @eriz35, @davidsacks, @pt, @eghosao, @davidsacks, @damianpaletta, @xeni, @jason_kint, and @quinnypig
| Sofia Pitt / CNBC: |
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, a $2.6B net loss, and mobility gross bookings up 55% YoY to $13.4B; stock jumps 15%+ — - Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a revaluation of stakes in Aurora, Grab and Zomato.
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Fortune, Bloomberg, Wall Street Journal, Bloomberg, PYMNTS.com, TechCrunch, New York Times, Financial Times, The Verge, Finbold, The Guardian, Fast Company, Washington Post, and Coinspeaker
Tweets: @thestalwart, @thestalwart, and @ldignan
| Bloomberg: |
The Chips and Science Act bars companies that get US federal funding from adding production of advanced chips in China, impacting Intel, TSMC, and others — As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat …
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Nikkei Asia, Tom Merritt Tech Newsletter, TechSpot, Appuals.com, Tom's Hardware, and TechNode
| Financial Times: |
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months at Meta's King's Cross offices — UK capital will effectively become social media app's base as parent Meta battles TikTok — Instagram head Adam Mosseri is moving to London …
More:
Telegraph, CNBC, Digital Trends, and Protocol
Tweets: @oliverjhaslam, @jjvincent, @mmasnick, @atbwebb, @jamesglynn, @atbwebb, @janinegibson, @acookiecrumbles, @leokelion, @quinnypig, and @aulia
| Kyle Wiggers / TechCrunch: |
SEC filing: e-commerce marketing automation service Klaviyo raised $100M from Shopify; Klaviyo has raised ~$775M and was valued at $9.5B in May 2021 — Ecommerce marketing automation platform Klaviyo has received a $100 million strategic investment from Shopify, according to documents filed … | Insider: |
As TikTok grows in the Middle East and North Africa, its regional content moderators complain of psychological distress and pay of around $2 to $3 per hour — - As TikTok gains in popularity in the Middle East and North Africa, it's ramping up its content moderation operation in the region.
More:
Newslit Daily. Tweets: @_rosiebradbury, @paleofuture, @zennie_fic, @eibroscheva, @frederickmelo, @ava_l_, @blackamazon, @scottnover, @cori_crider, @rinachandran, @benjanun_s, @niamh_mcintyre, @marleyjaybiz, @_rosiebradbury, @profdaveandress, @dmonett, @foxglovelegal, @wolfiechristl, and @shonaghosh
| Bill Toulas / BleepingComputer: |
CloudSEK researchers find 3,207 mobile apps exposing Twitter API keys to the public, potentially letting hackers take over associated users' Twitter accounts — Cybersecurity researchers have uncovered a set of 3,207 mobile apps that are exposing Twitter API keys to the public …
Source:
CloudSEK. More:
The Register, The Mac Observer, 9to5Mac, The Hacker News, fpt., Silicon Republic, Cybernews.com, Bob's Newsletter, Infosecurity, and SiliconANGLE
| Reuters: |
Sources: Unity is in negotiations to spin off its China unit, valued at $1B+ in talks, to help it expand in the country, the world's biggest games market — Unity Software Inc(U.N), the U.S. developer best known for software used to design video games, is in talks to spin off its China unit …
Tweets: @therealjoshye
| TechCrunch: |
LA-based MarqVision, which uses AI to monitor marketplaces for counterfeits, including of NFTs, raised a $20M Series A led by DST Global and Atinum Investment — As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers.
More:
SiliconANGLE, The Block, FinSMEs, and Waivly
| Ryan Smith / AnandTech: |
The CXL consortium plans to absorb the OpenCAPI consortium's assets and standards, setting CXL to become the dominant server CPU-to-device interconnect standard — With the 2022 Flash Memory Summit taking place this week, not only is there a slew of solid-state storage announcements in the pipe …
Source:
GlobeNewswire News Room. More:
VideoCardz.com, The Register, and Tom's Hardware. Tweets: @anandtech
Sponsor Posts
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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
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Qualcomm's CEO on the coming AI phone supercycle
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.
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The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
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Channels with Peter Kafka:
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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