Techmeme
August 1, 2022, 9:45 PM

Top News

Emma Roth / The Verge:
iOS 16 beta 4 finally adds support for Apple Pay in non-Safari browsers like Chrome, Firefox, and Edge, possibly in response to the EU's Digital Markets Act  —  Not just Safari  —  Apple Pay could finally be compatible with Microsoft Edge, Google Chrome, and Mozilla Firefox in iOS 16.
Heather Somerville / Wall Street Journal:
As some US tech investors and startups hunker down in the market downturn, others continue as normal; PitchBook: Q2's average deal sizes are at record levels  —  Market correction leaves some startups in crisis as others take employees on vacation  —  Why a 2022 Recession Would Be Unlike Any Other
Politico:
On top of chip subsidies, the US must reform its immigration policies for high-skilled workers and invest in STEM education to become a manufacturing hub again  —  JOHNSTOWN, Ohio — Just 15 minutes outside of downtown Columbus, the suburbs abruptly evaporate.
Rebecca Bellan / TechCrunch:
Bolt Mobility, co-founded by Usain Bolt, seems to have ceased operations and vanished from at least five US cities, leaving unusable e-bikes; Bolt raised $40.2M  —  Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without …
Gizmodo:
Jonathan Vanian / CNBC:
Pinterest reports Q2 revenue up 9% YoY to $666M, vs $667M est., global MAUs down 5% YoY to 433M, vs 431M est., and a net loss of $43M; the stock jumps 21%+  —  - Pinterest posted disappointing financial results and gave guidance that missed Wall Street expectations, but user numbers were better than expected.
Washington Post:
Investigation: the US organ donation network relies on manually inputting data and aging software with programming mistakes, leading to periodic system failures  —  White House Digital Service found that the technology that matches donated organs to patients has failed repeatedly
Todd Spangler / Variety:
A US federal judge rules Visa must face a lawsuit alleging it is liable for the distribution of child sex abuse material on Pornhub and other MindGeek websites  —  In a setback for Visa in a case alleging the payment processor is liable for the distribution of child pornography on Pornhub …
Matt Day / Bloomberg:
Amazon says its 2021 carbon footprint rose 18% YoY and 40% from 2019 to ~71.54M metric tons of CO2 equivalent, despite its plans to be “net zero carbon” by 2040  —  Amazon.com Inc. said its carbon footprint grew 18% in 2021, as the company's rapid growth during …
Wallace Witkowski / MarketWatch:
Activision Blizzard Q2: revenue of $1.64B, down from $2.3B YoY, vs $1.57B est., net income of $280M, down from $876M YoY, and MAUs of 361M, down from 408M YoY  —  Ahead of earnings, Microsoft reportedly said Activision Blizzard has no ‘must have’ games  —  Activision Blizzard Inc. shares ticked higher …

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Featured Podcasts

The Social Radars:
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The Upstarts Podcast:
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The Nick, Dick and Paul Show:
Why Countries Go to War
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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Great Chat:
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More News

Neha Wadekar / Washington Post:
Water & Music:

Earlier Picks

Rest of World:
Natasha Singer / New York Times: