| Rebecca Elliott / Wall Street Journal: |
Filings: Elon Musk sold ~7.9M Tesla shares, worth ~$7B, between August 5 and 9, Musk says to avoid “an emergency sale” if a judge forces his Twitter acquisition — The billionaire suggested stock sales were aimed at avoiding a fire sale if forced to buy the social-media company| Allison Johnson / The Verge: |
Samsung debuts the $1,800 Galaxy Z Fold 4 with 6.2" and 7.6" displays, Snapdragon 8+ Gen 1, 12GB of RAM, 256GB+ storage, and a 50MP camera; preorders now open — Minor camera and software improvements, big $1,799 price tag — Samsung, purveyor of the only serious foldables available on a global scale … | Nirave Gondhia / XDA Developers: |
| Ivan Mehta / TechCrunch: |
Spotify quietly tests Spotify Tickets, directly selling live music tickets to users in the US, instead of redirecting buyers to Ticketmaster or Eventbrite — Spotify has launched a new site to sell fans tickets to live gigs directly from its platform instead of redirecting users to partners like Ticketmaster and Eventbrite.| Pew Research Center: |
An in-depth look at US teenagers and social media in 2022: 95% say they use YouTube, 67% use TikTok, 62% use Instagram, 59% use Snapchat, and 32% use Facebook — TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply| Debby Wu / Bloomberg: |
Foxconn reports Q2 revenue up 12% YoY to ~$50B and ~$1.1B net income, as cloud product sales helped weather supply chain issues and sluggish smartphone demand — Hon Hai Precision Industry Co., the maker of most of the world's iPhones, posted a profit that beat estimates as demand … | Reuters: |
Iran's Tasnim agency says the country made its first official import order paying with cryptocurrency this week, worth $10M, helping circumvent US sanctions — Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday … | Dan Goodin / Ars Technica: |
Cloudflare says three employees fell for an SMS phishing scam, but the company's hardware MFA keys stopped the hackers from accessing its internal network — Unusually resourced threat actor has targeted multiple companies in recent days. — At least two security-sensitive companies … | Tom Warren / The Verge: |
Microsoft open sources its library of 1,500+ 3D emoji, available now on GitHub and Figma, letting creators remix and customize them for free — Get ready for lots of custom 3D emoji — Microsoft is open sourcing more than 1,500 of its 3D emoji, making them free for creators to remix and build upon.| Meta: |
| Jason Koebler / VICE: |
| Kim S. Nash / Wall Street Journal: |
AWS, Splunk, IBM, CrowdStrike, Rapid7, Cloudflare, Salesforce, Okta, and 10 others launch the Open Cybersecurity Schema Framework to monitor hacking attempts — Amazon's AWS, Splunk, IBM and others cooperate on format for cyber alerts — This feature is powered by text-to-speech technology.| Abner Li / 9to5Google: |
Google launches Get The Message, a campaign to pressure Apple to support RCS over SMS/MMS, highlighting low-resolution photos and videos, no e2ee, and more — For the past year, Google has been increasingly calling out Apple for not adopting RCS (Rich Communication Services) on the iPhone.| Patrick McGee / Financial Times: |
Many small businesses that use personalized online ads are cutting back on marketing, in part due to Apple's ATT, as they face rising customer acquisition costs — Online brands reliant on personalised ads ramp back marketing spending — Small businesses are cutting back marketing spending due … | Victoria Song / The Verge: |
Samsung debuts the $280 Galaxy Watch 5 and $450 Galaxy Watch 5 Pro, with a touch bezel and better BioActive sensor, mapping features for Pro; preorders now open — It's also aiming for the Garmin crowd with the Watch 5 Pro — After weeks of leaks and rumors, Samsung finally announced … | Jon Fingas / Engadget: |
Samsung unveils the Galaxy Z Flip 4, featuring the same 1.9" and 6.7" displays, battery and camera upgrades, and the Snapdragon 8+ Gen 1, starting at $999 — As expected, Samsung has unveiled the Galaxy Z Flip 4 — but the phone's greatest improvements might come through upgrades to software, not specs.| Mat Smith / Engadget: |
| Florence Ion / Gizmodo: |
Samsung announces the $230 Galaxy Buds 2 Pro with a smaller form factor, improved ambient noise cancellation, 24-bit Hi-Fi audio, and more; preorders now open — New buds alert! Samsung has announced the second-generation Galaxy Buds 2 Pro in tandem with its latest batch of foldables.| Lily Hay Newman / Wired: |
A look at Invisv's Pretty Good Phone Privacy mobile data service, available in beta on Android, which is designed to separate users from specific identifiers — The new Pretty Good Phone Privacy service for Android hides the data linking you to your mobile device.| Tiyashi Datta / Reuters: |
Meta raises $10B in its first-ever bond offering, to fund share buybacks and investments to revamp its business; Meta was the only Big Tech company without debt — Facebook-parent Meta Platforms Inc (META.O) said on Tuesday it had raised $10 billion in its first-ever bond offering … | Todd Spangler / Variety: |
NFT startup Dapper Labs hires Nick Grudin, who was at Meta for nearly 12 years and at Newsweek before that, as chief business officer starting in September 2022 — After nearly 12 years at Meta and Facebook, Nick Grudin is leaving the social-media giant. Grudin next month … | Harri Weber / TechCrunch: |
Vancouver-based Hootsuite plans to lay off 30% of its workforce, or an estimated 400 people; PitchBook says the social media marketing startup has raised $300M+ — Social media marketing firm Hootsuite says it has slashed its workforce by 30%. — “We need to refocus our strategies to drive efficiency … | Jordan Novet / CNBC: |
Coinbase misses with Q2 revenue down 64% YoY to $808.3M, vs. $832.2M est., a $1.1B net loss, trading volume down 53% YoY to $217B, and 9M MTUs — - Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell. — The exchange operator lowered its full-year forecast for transacting users.| Tom Matsuda / The Block: |
NYC-based Injective, a Layer 1 blockchain that focuses on DeFi use cases, raised $40M in a private token sale, which closed in July 2022, led by Jump Crypto — - Injective, a layer 1 blockchain focused on decentralized finance uses cases, has raised $40 million in a round led by Jump Crypto.| Vikas SN / Moneycontrol: |
Snap launches Snapchat+ in India for ~$0.62 per month, offering exclusive, experimental, and pre-release features; the service costs $3.99 per month in the US — Snapchat+, which unlocks a collection of exclusive, experimental, and pre-release features, will be available for a monthly fee of Rs 49
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| Vincent Manancourt / Politico: |
| Kosaku Narioka / Wall Street Journal: |
| Paul Sandle / Reuters: |
| Kathrin Hille / Financial Times: |
| Bloomberg: |
| Cecilia D'Anastasio / Bloomberg: |