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August 5, 2022, 1:25 AM
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| Dan Primack / Axios: |
Filing: Twitter says Elon Musk's counterclaims “are factually inaccurate, legally insufficient, and commercially irrelevant” and don't justify ending the deal — We still don't have Elon Musk's response to Twitter's lawsuit over his efforts to back out of his $44 billion acquisition …
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Delaware Court of Chancery, New York Times, Washington Post, Agence France-Presse, The Economic Times, Bloomberg, The Hill, Insider, Wall Street Journal, Associated Press, CNN, Lil Durk, and Newser
Tweets: @btaylor, @kateconger, @austen, @bencasnocha, @telanganatoday, @danprimack, @chillmage, and @chillmage
| Wall Street Journal: |
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Financial Times, Bloomberg, Ars Technica, Digit, Associated Press, and CompaniesBIO's Newsletter
Tweets: @davidsacks, @mims, @sundeep, @icodrops, and @wadhwa
| Emma Roth / The Verge: |
Microsoft is testing a Game Pass widget on Windows 11 for showing games that have been recently added, are leaving soon, from certain categories, and more — Microsoft's first new Windows 11 widget — Microsoft's first new Windows 11 widget should make it even easier to find out which games are coming to PC Game Pass.| Tom Warren / The Verge: |
| CoinDesk: |
How crypto developer Ian Macalinao posed as 11 independent devs and created a web of DeFi protocols that temporarily inflated the total value locked on Solana — The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain.
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Web3 is going just great. Tweets: @wublockchain, @carnage4life, @amyhoy, @jwweatherman_, @notbunjil, @chainyoda, @0x7d54, and @chainlinkgod
| Reuters: |
As Nancy Pelosi visited Taiwan, cyberattacks from China and Russia increased on the island; some 7-11 store TVs displayed “Warmonger Pelosi, get out of Taiwan!” — As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing …
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NBC News, Reuters, The Record, Focus Taiwan, The Hill, Politico, Infinite Eyes News, New York Times, Reuters, and VICE
Tweets: @mpwangtingyu, @lorenzofb, @williamyang120, @sarah_wu_, and @kevincollier
| Michelle Price / Reuters: |
Visa and Mastercard end ties with the ad arm of Pornhub owner MindGeek, after a court ruled Visa must face a lawsuit alleging it is liable for CSAM distribution — Visa (V.N) and Mastercard (MA.N) on Thursday said they had suspended ties with the advertisement arm of MindGeek …
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Meet Visa. A network working …, CNBC, Gizmodo, PYMNTS.com, New York Post, Financial Times, and Variety
Tweets: @fabiansociety, @wifexofxagony, @axelroark, @uppittynegress, and @brianroemmele
| Nelson Wang / CoinDesk: |
Block reports Q2 revenue down 6.6% YoY to $4.4B, $2.62B net revenue excluding bitcoin, and Cash App bitcoin revenue down 34% YoY to $1.79B; stock is down 5%+ — Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.
Source:
Block, Inc.. More:
The Economic Times, PYMNTS.com, Bloomberg, Cointelegraph, Benzinga, The Block, MarketWatch, Protocol, Investor's Business Daily, Block, and Reuters
| Aisha Malik / TechCrunch: |
Clubhouse starts beta testing private communities called Houses, which can be created by a person or group looking for a more intimate alternative to Clubs — Clubhouse, the social audio app that rose in popularity amid the pandemic, is looking to shake up its platform with the launch of private communities called “Houses.”
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Social Media Today. Tweets: @pdavison, @caseynewton, @ericrweinstein, @mattnavarra, @ericnewcomer, and @om
| Soma Biswas / Wall Street Journal: |
A New York judge allows Voyager Digital to return $270M in customer cash deposits, settling one of the company's larger issues after filing for bankruptcy — Crypto broker got bankruptcy court approval to return cash deposits — Cryptocurrency brokerage firm Voyager Digital Holdings Inc. secured approval … | Oliver Knight / CoinDesk: |
Meta begins rolling out NFT support on Instagram in 100 countries after launching Coinbase Wallet and Dapper integrations and support for the Flow blockchain — Following a series of testing phases, NFT integration is now live on Instagram across 100 countries.| Preetika Rana / Wall Street Journal: |
DoorDash reports Q2 revenue up 30% YoY to $1.6B, vs. $1.5B est., orders up 23% YoY to 426M, vs. 419M est., gross order value up 25% YoY to $13.1B; stock up 10%+ — Food-delivery company lifts full-year guidance even as it expects softer spending environment
Source:
DoorDash. More:
CNBC, Fast Company, Investing.com Australia, Reuters, Associated Press, Bloomberg, and Barron's Online
| Wallace Witkowski / MarketWatch: |
Cloudflare reports Q2 revenue up 54% YoY to $234.5M, vs. $227.3M est., a $63.5M net loss, and forecast for both Q3 and 2022 above estimates; stock is up 21%+ — Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results … | Andrew Romero / 9to5Google: |
YouTube is testing pinch to zoom with its Premium subscribers, allowing users to zoom into a video on-screen, even in landscape mode — YouTube has a program that allows Premium subscribers to access brand new features that aren't quite fully baked. Today, YouTube dropped a new one called … | Michael del Castillo / Forbes: |
A staff member from Senator Cynthia Lummis' office says the SEC is investigating Binance and every US crypto exchange, including Coinbase — Widely circulated reports that the U.S. Securities and Exchange Commission (SEC) is investigating $20 billion crypto exchange Coinbase are just the tip of the iceberg … | Jacquelyn Melinek / TechCrunch: |
Kurtosis, a blockchain-focused developer tooling and testing system, raised a $20M Series A led by Coatue, with participation from Coinbase Ventures and others — Kurtosis, a crypto-focused developer tool system, has raised $20 million in a Series A round led by tech-focused hedge fund Coatue.| Reuters: |
Sources: Intel and Italy aim to clinch a deal, by the end of August 2022, initially worth $5B, to build an advanced semiconductor packaging and assembly plant — Italy is close to clinching a deal initially worth $5 billion with Intel (INTC.O) to build an advanced semiconductor packaging …
More:
iTnews, SiliconANGLE, CRN, Windows Central, Tom's Hardware, and Neowin
Tweets: @dnystedt and @martijnrasser
| Andrew Hayward / Decrypt: |
The Solana Foundation says exploited addresses were “created, imported, or used” in Slope mobile wallets and there's “no evidence” the protocol was compromised — Private keys may have been inadvertently compromised as a Solana mobile wallet is fingered for the major network attack.
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Slope Finance, The Block, crypto.news, The Daily Moon, HealthcareInfoSecurity.com, NullTX, Crypto Adventure, Bitcoin News, Mashable, Watcher Guru, Fortune, CoinGape, Inside Bitcoins, The Verge, Cointelegraph, The Register, rekt, Washington Post, Xspringdigital's Newsletter, Micky, The Block, BTC Times, and Blockworks
Tweets: @solanastatus, @solanastatus, @solanastatus, @phantom, @zellic_io, @slope_finance, @0xfoobar, @osec_io, @0xfoobar, @fatmanterra, @fatmanterra, @slope_finance, @coinbureau, @lordx64, @rajgokal, @chrismaddern, @slope_finance, @lordx64, @hudsonjameson, @0xfoobar, @slope_finance, @gregosuri, @chrismaddern, @zachherbert, @cz_binance, @mdudas, @ncweaver, @cygaar_dev, @thecryptolark, @chipflare, and @earlyishadopter
| Jason Nelson / Decrypt: |
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Cointelegraph, Inside Bitcoins, ETH Daily, Messari Crypto, CoinDesk, Protos, CoinJournal, Ethereum World News, Waivly, Soon Parted, The Crypto Basic, Fossbytes, Laptop Mag, Web 3 Shower Thoughts, The Daily Moon, HackRead, Watcher Guru, The Guardian, and The Metaversalist
Tweets: @solanastatus, @peckshieldalert, @sandeepnailwal, @0xfoobar, @phantom, @aeyakovenko, @solanastatus, @solanastatus, @solanastatus, @magiceden, @cz_binance, @grady_booch, @solanastatus, @aeyakovenko, @kevincollier, @lizrummy, @chrisalbon, @magiceden, @milesdeutscher, @spencerdailey, @fatmanterra, @cobie, @caspiancey, @silvermanjacob, @lyu_johnny, @stevekovach, @justinbarlow, @matthew_d_green, @hosseeb, @mattdesl, @buccocapital, @liron, @naeper, @justin_bons, @solbigbrain, @thisisnuse, and @top7ico
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