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August 2, 2022, 12:45 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, Bloomberg, Metaverse Post, TechCrunch, The Verge, Read and Share Twitter …, Blockworks, Decrypt, Mashable, PC Gamer, CoinGape, TechRadar, Coinspeaker, Crypto Briefing, CryptoSlate, and CoinDesk
Tweets: @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @fatmanterra, @samczsun, @mg_486662, @xiliangchen, @paradigmeng420, @0xfoobar, @notifi_xyz, @mmasnick, @mudit__gupta, @moonbeamnetwork, @benedictevans, @jonrog1, @moonbeamnetwork, @el33th4xor, @silvermanjacob, @chainlinkgod, @nassyweazy, @moonbeamnetwork, @0xfoobar, @samczsun, @andysayler, @0xmisaka, @dzack23, @cl207, @quantstamp, @cointelegraph, @nickadobos, @0xfoobar, @fatmanterra, @benedictevans, @levicook, @bradwilson, and @matthuang
| 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 …
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CNBC, Telegraph, Protocol, and Digital Trends
Tweets: @mmasnick, @oliverjhaslam, @jjvincent, @atbwebb, @jamesglynn, @atbwebb, @janinegibson, @acookiecrumbles, @leokelion, @quinnypig, and @aulia
| Mitchell Clark / The Verge: |
Samsung launches its repair program in partnership with iFixit, covering Galaxy S20, S21, and Tab S7+; S22 flagships are not supported and 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, TechCrunch, iFixit News, PCMag, Thurrott, Engadget, ZDNet, XDA Developers, and 9to5Google
| Mengqi Sun / Wall Street Journal: |
New York's 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 Block, The Verge, Finbold, Protocol, Finextra, Bloomberg, Reuters, CoinDesk, CNBC, Cointelegraph, Four Eyes Finance, CoinGape, Crypto Briefing, 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
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Insider and Wccftech
Tweets: @jtlonsdale, @lizzadwoskin, @taylorlorenz, @buccocapital, @faizsays, @damianpaletta, @xeni, @eriz35, @davidsacks, @pt, @eghosao, @davidsacks, @jason_kint, and @quinnypig
| Sofia Pitt / CNBC: |
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, and a $2.6B net loss; mobility gross bookings rose 57% YoY to $13.4B; stock jumps 10%+ — - 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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Bloomberg, PYMNTS.com, TechCrunch, New York Times, The Verge, Finbold, Uber, Washington Post, The Guardian, Wall Street Journal, Fast Company, Financial Times, Barron's Online, and Coinspeaker
Tweets: @thestalwart, @ldignan, and @thestalwart
| Manish Singh / TechCrunch: |
Source: Uber plans to sell its 7.8% stake in Indian food delivery firm Zomato for $350M+, after assuming an unrealized loss of $707M on the investment in Q2 — Uber plans to sell its 7.8% holding in Indian food delivery firm Zomato as early as Wednesday, a source familiar with the matter told TechCrunch.
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The Economic Times, Reuters, Livemint, and Fast Company
| 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, fpt., The Hacker News, 9to5Mac, Silicon Republic, Cybernews.com, Bob's Newsletter, Infosecurity, and SiliconANGLE
| 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, TechSpot, and TechNode
| 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
| Raisa Bruner / TIME: |
An interview with OnlyFans CEO Ami Gan on adapting to the role, addressing safety concerns, embracing adult creators, plans to grow the platform, and more — When Amrapali “Ami” Gan became CEO of OnlyFans in December 2021, she wasn't just stepping into a bigger job than her previous position …
Tweets: @mikestabile, @raisabruner, @amrapaligan, and @erictheumpire
| 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.Sponsor Posts
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