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August 11, 2022, 1:50 AM
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Top News

Todd Spangler / Variety:
Disney announces Disney+ Basic, its ads tier for $7.99 per month, launching in the US on December 8, and raises the ad-free price from $7.99 to $10.99 per month  —  Disney has set pricing and date for the U.S. launch of the version of Disney+ with ads, while also hiking the monthly price of the Disney+ tier with no ads.
Aisha Malik / TechCrunch:
Disney hit 221.1M global streaming subscribers in Q3, surpassing Netflix's 220.7M in Q3; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M  —  The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company's third-quarter, posting better-than-expected results.
Sergiu Gatlan / BleepingComputer:
Cisco confirms the Yanluowang ransomware group breached its network in May 2022; Yanluowang claimed to have stolen 2.75GB of data, or ~3.1K files including NDAs  —  Cisco confirmed today that the Yanluowang ransomware group breached its corporate network in late May and that the actor tried …
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.
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
Tom Warren / The Verge:
In documents filed with Brazil's competition regulator, Microsoft claims Sony pays for “blocking rights” to prevent developers from adding content to Game Pass  —  An explosive claim from Microsoft  —  Microsoft has claimed Sony pays for “blocking rights” to stop developers from adding their content to Xbox Game Pass.
Devin Coldewey / TechCrunch:
The FCC rejects SpaceX's application for a $885M subsidy to provide Starlink broadband to rural America over 10 years, after tentatively approving it in 2020  —  The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020.
Danny Nelson / CoinDesk:
Coinbase disclosed in its latest quarterly report that the SEC is investigating its token listing processes, staking programs, and yield-generating products  —  The company told investors it has received “investigative subpoenas” from the Securities and Exchange Commission.
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
Jacquelyn Melinek / TechCrunch:
Nebraska-based Pinata, which provides NFT media infrastructure and support for crypto projects, raised a $18M Series A, bringing its total raised to $21.5M  —  Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, the company exclusively told TechCrunch.
Kyle Wiggers / TechCrunch:
Nightfall AI, which provides cloud data loss prevention services, announces a $40M Series B led by WestBridge Capital, bringing its total funding to $60M  —  Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing …
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:
Samsung Galaxy Z Fold 4 hands-on: improved, more durable displays, easier one-handed use, lighter than the Fold 3, and better cameras, but only 25W charging
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.

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From Mediagazer

Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

Rolling Stone:
Ex-AMI CEO David Pecker testifies about agreeing to be Trump's “eyes and ears” and how the National Enquirer used Michael Cohen's prompts to bash Trump rivals

More News

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
Vincent Manancourt / Politico:
Ireland's data regulator says it received objections from other EU regulators to its draft order to block Meta's EU-US data sharing, a reprieve for the company
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

Earlier Picks

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
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
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
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
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
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