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August 12, 2022, 12:25 PM
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| Salvador Rodriguez / Wall Street Journal: |
Sources: before iOS privacy changes, Apple and Facebook discussed ways to share revenue, like an ad-free, paid version of Facebook and IAP for “boosted posts” — The two tech giants discussed revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook
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9to5Mac. Tweets: @patiencehaggin, @sal19, @ethanwsj, @jason_kint, @nickstatt, @mgsiegler, @carnage4life, @nickstatt, and @eric_seufert
| Andrew Rummer / The Block: |
Dutch authorities arrest a suspected Tornado Cash developer in Amsterdam, two days after the US sanctioned the crypto mixing service — - Dutch authorities arrested a developer suspected of involvement in Tornado Cash on Wednesday, two days after the US government sanctioned the crypto mixing service.
Source:
FIOD. More:
The Block, CoinDesk, TechCrunch, Financial Times, Bloomberg, Decrypt, Engadget, PCMag, Forbes, The Record, Benzinga, Blockworks, CoinDesk, Crypto Adventure, The Verge, Bitcoin News, Neowin, The Crypto Basic, Cryptonews, and CryptoSlate
Tweets: @stackersatoshi, @davidgerard, @ryansadams, @mdudas, @cobie, @himgajria, @drwasho, @artusvanfrahm, @cobie, @lefterisjp, @__tux, @annairrera, @_naveenmishra, @chrisblec, @timccopeland, @lawmaster, @teddyknox, @timccopeland, @bantg, @mayazi, @bantg, @kyle_chasse, @mdudas, @edanyago, @crypto_gateway, @gross_bit, and @alexhern
| Debby Wu / Bloomberg: |
Sources: Apple tells its assemblers to make 90M of the newest iPhones, on par with 2021, despite deteriorating projections for the smartphone market — Apple Inc. has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele …
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Livemint, Neowin, Philip Elmer‑DeWitt, MacDailyNews, iPhone in Canada Blog, TechRadar, Tom's Guide, MacRumors, BGR, Gizchina, Apple Must, PhoneArena, MarketWatch, AppleInsider, 9to5Mac, and MacRumors. Tweets: @markets
| The Guardian: |
Google agrees to pay $42.7M to settle a court case with Australia's ACCC over misleading some Android users about the collection of personal location data — The tech giant kept track of some Android phone owners even when their location history was set to ‘off’
Source:
Australian Competition …. More:
Reuters, The Register, CNET, Australian Financial Review, Yahoo Finance, AppleInsider, WAtoday, Android Central, and euronews
Tweets: @tomvalletti, @acccgovau, and @mrnuu
| Bloomberg: |
Samsung's Jay Y. Lee, who spent 18 months in prison for bribery, wins a pardon from South Korea's President, letting him regain his company leadership role — Samsung Electronics Co. Vice Chairman Jay Y. Lee won a presidential pardon from graft charges, allowing him to formally take the helm …
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CNET, The Verge, ZDNet, The Economic Times, Wall Street Journal, Financial Times, Reuters, Appuals.com, Associated Press, iClarified, Axios, TechCrunch, Android Headlines, Philip Elmer‑DeWitt, CNN, Engadget, SamMobile, and Livemint
Tweets: @toonithecreator, @bloombergtv, and @charterhousesq
| David Kirton / Reuters: |
Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B, down from ~$4.7B in H1 2021, as smartphone and laptop sales weaken — Huawei Technologies (HWT.UL) said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers … | Patrick Coffee / Wall Street Journal: |
Memo: meditation app Calm lays of 20% of its staff; sources say Calm employed ~400 people and approximately 90 were laid off; Calm was valued at $2B in 2020 — Cuts hit marketing department at tech ‘unicorn’ — Calm.com Inc., maker of popular meditation and wellness app Calm … | Aisha Malik / TechCrunch: |
LinkedIn rolls out new features to court creators, including a clickable link on images and videos, text post templates, and the option to mix images and videos — LinkedIn announced today that it's rolling out new features for creators that are designed to make it easier to share visual content on the social network.| Brandy Betz / CoinDesk: |
Singapore-based Merkle Science, a predictive crypto intelligence service with threat detection, risk mitigation, and compliance tools, raised a $24M+ Series A — The threat detection company added funding to its Series A round, which now totals more than $24 million.
More:
Merkle Science, Merkle Science, FinSMEs, and Crowdfund Insider
| Mike Freeman / Los Angeles Times: |
US federal prosecutors charge a former Qualcomm VP and three others over allegedly duping the company into paying $150M to acquire tech it putatively owned — Federal prosecutors unveiled fraud and money-laundering charges this week against a former Qualcomm research engineer and three others …
More:
PCMag, U.S. Department of Justice, MarketWatch, The Register, and SiliconANGLE
| Sarah Donaldson / Wall Street Journal: |
A California bill targeting social media companies for features that could addict minors dies in legislature, after Meta, Twitter, and Snap lobbied against it — Measure, which would have allowed lawsuits against companies like Facebook, Snapchat and Tiktok for allegedly causing addiction, was killed without a public vote
More:
PCMag, California Legislature, Associated Press, Los Angeles Times, MarketWatch, and b'dot.LA'
Tweets: @commonsense, @benfritz, @caichildlaw, @caichildlaw, @sarahedon, @kimwalshstone, and @tomkemp00
| Manish Singh / TechCrunch: |
India seizes assets worth $46.4M from the local entity of crypto exchange Vauld for allegedly facilitating “crime-derived” proceeds from predatory lending firms — India's anti-money laundering agency has frozen assets worth $46.4 million from the local entity of Vauld for facilitating … Sponsor Posts
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Big Technology Podcast:
Anthropic's IPO Leak, OpenAI's Dots vs. Meta's Muse, Visual Turing Test
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Channels with Peter Kafka:
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Invest Like the Best:
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Tweets: @linakhanftc, @alfredwkng, @senblumenthal, @karenkornbluh, @rkslaughterftc, @cswilsonftc, @ftcphillips, @ftcphillips, @neil_chilson, @cswilsonftc, @ftcphillips, @jsrailton, @cswilsonftc, @cswilsonftc, @superwuster, @brianboland, @ronwyden, @brianboland, @ftc, @craignewmark, @bedoyaftc, @jameeljaffer, @bedoyaftc, @tatum_hunter_, @slightlylate, @linakhanftc, @epicprivacy, @iwillleavenow, @moonalice, @menakadoshi, @robinberjon, @chesterj1, @ftcphillips, @cendemtech, @mayazi, @senatorwicker, @cdfen, @jrhuddles, @bedoyaftc, @viacristiano, @viacristiano, @gwbstr, @kent_pubcitizen, @senmarkey, @rebeccaklar_, @jsrailton, @demandprogress, @dwcaprio, @jonschweppe, @publicknowledge, @jduballreports, @swiftstories, @johnhendel, @jvagle, @cat_zakrzewski, @lawgirl821, @linakhanftc, @linakhanftc, @linakhanftc, @privacymatters, @moonalice, and @alfredwkng
| Lily Hay Newman / Wired: |
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| Mariella Moon / Engadget: |
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| Vishal Chawla / The Block: |
| Devin Coldewey / TechCrunch: |
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Federal Communications …. More:
Fast Company, PC Gamer, SlashGear, Light Reading, Insider, The Hill, ZDNet, Total Telecom, and Ars Technica
Tweets: @freepress, @timkarr, @merrdiff, and @mikeddano