Techmeme: A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September (Olga Kharif/Bloomberg)

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August 8, 2022, 7:40 PM

Top News

Kollen Post / The Block:

The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea — - The Treasury is sanctioning DeFi mixing service, Tornado Cash. — The move is the agency's second sanction of a mixing service.

Source: U.S. Department …. More: CoinDesk, Coin Center, The Register, Bloomberg, Blockworks, PYMNTS.com, Gizmodo, CoinDesk, Fortune, TechCrunch, Bloomberg Law, TRM Insights, Crypto Daily, Crypto Briefing, Washington Post, and CryptoSlate

Tweets: @ustreasury, @thestalwart, @ncweaver, @blockanalia, @ericgeller, @ourielohayon, @semenov_roman_, @koeppelmann, @tier10k, @kebrightbill, @sniko_, @smdiehl, @sethforprivacy, @sethforprivacy, @nicoleperlroth, @michaeltant3, @goldman, @eamonjavers, @chainalysis, @ivanthek, @matthew_d_green, @prestonjbyrne, @cobie, @coinmamba, @adrianoferia, @liron, @cobie, @albertwenger, @molly0xfff, @williamjluther, @0xfoobar, @derekmross, @ericgeller, @ncweaver, @cobie, @concodanomics, @ericgeller, @mayazi, @ivanthek, @dogetoshi, @juthica, @antoniomjuliano, @josephdelong, @marionawfal, @haileylennonbtc, @kevincollier, @migueldeicaza, @adamscochran, @fredericjacobs, @0xfoobar, @robustus, @undersectfi, @cobie, @neerajka, @qondintini, @degenspartan, @adamscochran, @gossithedog, @prestonjbyrne, @adamscochran, @masonic_tweets, @howelloneill, @loomdart, and @pierre_crypt0

Carly Page / TechCrunch:

Twilio discloses “unauthorized access” on August 4 by a “sophisticated” unknown actor using an SMS-based phishing attack on staff to gain info on some accounts — Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees …

Source: Twilio Blog. More: Cybersecurity Dive, SC Media, Security Affairs, HotHardware, The Verge, SiliconANGLE, Channel Futures, The Register, Neowin, GovInfoSecurity.com, CRN, Bloomberg, and BleepingComputer

Tweets: @zackwhittaker, @mikko, @paul__walsh, @tonyajoriley, @ucc_ed, @hackingdave, @zackwhittaker, @cz_binance, @hackinglz, @racheltobac, @racheltobac, @zackwhittaker, and @pyrotek3

Jack Stebbins / CNBC:

Apptopia: Netflix's games have 23.3M downloads and average 1.7M DAUs, under 1% of Netflix's 221M subscribers; Netflix plans to have 50 games by the end of 2022 — - Netflix plans to expand its video game catalog from 24 to 50 by year-end, marking a significant investment.

Ashley Capoot / CNBC:

Nvidia reports Q2 preliminary earnings, showing $6.7B revenue, down 19% from Q1 and below its $8.1B guidance, driven by weaker gaming revenue; stock drops 6.3% — - Nvidia shares dipped Monday after the company released preliminary earnings that show early second-quarter revenue of $6.7 billion, well below its outlook of $8.1 billion.

Source: NVIDIA. More: Ars Technica, SiliconANGLE, PCWorld, Neowin, The Verge, TheGamer, Dow Jones Newswires, Bloomberg, Reuters, and Barron's Online

Tweets: @mylesudland and @firstadopter

Kate Park / TechCrunch:

Crypto.com says it has secured registrations to operate as a virtual asset service provider in South Korea, acquires two local startups for undisclosed amounts — Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink …

More: Crypto.com, Bloomberg, Decrypt, The Block, crypto.news, Cointelegraph, CoinDesk, Tech News, Tech in Asia, Ethereum World News, CoinJournal, Blockworks, South China Morning Post, and Coinspeaker. Tweets: @ericnode

Chance Miller / 9to5Mac:

iOS 16 beta 5 adds an option to show the battery percentage in the status bar on some iPhones, after Apple removed it for notched models at the iPhone X's debut — The battery percentage has finally been added back to the status bar with today's release of iOS 16 beta 5.

Olga Kharif / Bloomberg:

A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September — A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.

Sam Nussey / Reuters:

SoftBank reports a ~$17.23B loss for Vision Fund in Q1 2022, as the value of its tech portfolio fell, including SenseTime and Uber, after a record Q4 2021 loss — SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter …

Source: SoftBank Group Corp.. More: Wall Street Journal, TechCrunch, AltFi, Bloomberg, CNBC, CNBC, Moneycontrol, TechCrunch, TechCrunch, Bloomberg, Reuters, The Economic Times, Coinspeaker, Bloomberg, and Bloomberg

Tweets: @madhavchanchani, @alialsalim, @johnkoetsier, @pelstrom, @ulonnaya, @chandrarsrikant, @pelstrom, @hkanji, @arjunkharpal, @pelstrom, @madhavchanchani, @pelstrom, @sivavaid, @abhinavvr, @eliotwb, @michaelxpettis, and @eliotwb

Mark Gurman / Bloomberg:

Filings: Apple spent $33M in fiscal 2021 and $169M in 2022 to date on acquisition payments, down from $1.5B in 2020, a dramatic slowdown in its dealmaking — Apple Inc., which used to acquire a company every three or four weeks, has dramatically slowed its dealmaking in the past two years …

More: iPhone in Canada Blog, PhoneArena, MacRumors, Patently Apple, Philip Elmer‑DeWitt, AppleInsider, MacDailyNews, and 9to5Mac

Tweets: @markgurman and @counternotions

Sankalp Phartiyal / Bloomberg:

Sources: India plans to restrict Chinese smartphone makers from selling devices below ~$150 to boost its domestic industry, impacting Xiaomi, Realme, and others — India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart …

More: Android Authority, PingWest, Neowin, Inc42 Media, and BGR India

Tweets: @varunkrish, @byron_wan, @dattaameet, @neiltwitz, @baxiabhishek, @counternotions, @r3dash, @mhaskarchief, and @parkyprakhar

Wall Street Journal:

A profile of Celsius CEO Alex Mashinsky, as the company goes bankrupt; sources say he is a brash entrepreneur who has left many investors and colleagues unhappy — Entrepreneur proposed a stream of moonshot ideas in different industries over many years—and frequently left a string of unhappy colleagues and investors

Tweets: @vlajournaliste, @donnaredel, @yoda, @mikealfred, and @ahcastor

Patrick Coffee / Wall Street Journal:

Lyft forms Lyft Media, a business unit to consolidate and expand its ad offerings, and plans to show more ads in cars, on its app, and at bike-share stations — Through its Lyft Media unit, the ride-hailing company plans to offer more ads inside cars, on its app and at bike-share stations

More: Lyft, TechCrunch, PYMNTS.com, and WeRSM

Tweets: @megancgraham, @counternotions, @itstheannmarie, @om, and @patrickcoffee

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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.

From Mediagazer

Alex Weprin / The Hollywood Reporter:

Netflix renews its initial podcast slate, brings in established shows like The Pivot Podcast, and adds new shows from Katt Williams, Stephanie Soo, and more

Benjamin Mullin / New York Times:

Bill Simmons is facing backlash for using OpenAI's ChatGPT to simulate film reviews from the late critic Roger Ebert on his podcast; OpenAI runs ads on the show

Charlotte Tobitt / Press Gazette:

Politico plans to launch a global app, offering personalized content from all of its free and paywalled journalism from the US and Europe, by the end of 2026

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More News

Wall Street Journal:

Despite YouTube suspending hundreds of Kremlin-linked channels, Russia has yet to ban the service, some argue because the Kremlin views it as too big to block

More: Beyond Search. Tweets: @samschech

Kevin McLaughlin / The Information:

Sources: DataRobot's CFO and several other executives have resigned after CEO Dan Wright's resignation in July 2022 amid an uproar over execs' quiet stock sales

Tweets: @amir

Jon Porter / The Verge:

What to expect from Samsung's Unpacked event on August 10: the Galaxy Z Fold 4, Galaxy Z Flip 4, Galaxy Watch 5, Galaxy Buds Pro 2, and more

More: ZDNet, SamMobile, CNET, Android Headlines, CNET, Tento týždeň, SamMobile, and SamNews 24

Reuters:

Filing: Qualcomm agrees to buy an additional $4.2B in chips from GlobalFoundries' upstate New York factory, bringing its total commitment to $7.4B through 2028

More: Global Foundries, The Register, and TechSpot

Jacob Kastrenakes / The Verge:

Google files two lawsuits alleging Sonos infringed on seven more patents related to smart speakers and voice control tech, as part of the long-running dispute

More: Ars Technica, Bloomberg Law, Reuters, Neowin, TechCrunch, PCMag, 9to5Google, Android Police, Gizmodo, iPhone in Canada Blog, Thurrott, Protocol, Appuals.com, HotHardware, and TechHive

Tweets: @lutherlowe and @carnage4life

Paul Sawers / TechCrunch:

Vista Equity Partners plans to acquire Seattle-based automated tax compliance software maker Avalara for $8.4B in an all-cash deal; Avalara is down 25%+ in 2022

More: GeekWire, Avalara, Inc., SiliconANGLE, Seattle Business Journal, Channel Futures, CRN, Reuters, and Barron's Online

Earlier Picks

Ashley Capoot / CNBC:

Palantir reports Q2 revenue up 26% YoY to $473M and customers up 250% YoY to 119; the stock falls 14.28% on weak Q3 guidance and “lumpiness” of government deals

Source: Palantir. More: MarketWatch, Reuters, SiliconANGLE, and Bloomberg

Ryan Tracy / Wall Street Journal:

As US Congress prepares for its August recess, the bipartisan antitrust bill targeting Big Tech remains in limbo; Schumer plans to hold a vote after the recess

More: Ars Technica, New York Times, TIME, AppleInsider, 9to5Mac, PYMNTS.com, MacDailyNews, and CNBC

Tweets: @authorpmbarrett and @dmccabe

Patience Haggin / Wall Street Journal:

After the draft ruling reversing Roe, location data company Tapestri says two companies asked to buy device data revealing users who visited abortion clinics

Tweets: @drpanmd, @elastigirlvotes, @dmarti, @patiencehaggin, @nai, and @patiencehaggin

Rebecca Bellan / TechCrunch:

China's Baidu secures permits for Apollo Go, a fully driverless commercial robotaxi service in Chongqing and Wuhan operating mainly in zones with revamped roads

More: CNN, Bloomberg, Financial Times, Reuters, South China Morning Post, Coinspeaker, Newslit Daily, Cybernews.com, Tech in Asia, Silicon Republic, Forbes, The Register, Engadget, and TechNode

Abner Li / 9to5Google:

Fitbit plans to end PC and macOS syncing on October 13, 2022, moving file transfers to its smartphone app, and local music and playlists to Deezer and Pandora

More: Phandroid, KnowTechie, XDA Developers, ZDNet, Ars Technica, MSPoweruser, Android Authority, Thurrott, PCMag, Gadgets & Wearables, The Verge, and Engadget