| Salvador Rodriguez / Wall Street Journal: |
Sources: before ATT, Apple and Meta discussed revenue-sharing deals, such as Apple taking a cut of “boosted posts” via IAP and an ad-free Facebook subscription — The two tech giants discussed revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook| Andrew Rummer / The Block: |
Dutch authorities arrest a developer in Amsterdam suspected to be involved with Tornado Cash, 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.| Wall Street Journal: |
The decentralization of crypto services like Tornado Cash leaves authorities without an enforcement target, making them difficult if not impossible to shut down — Decentralization leaves authorities without target for enforcement; ‘difficult, if not impossible, to shut down’| Patrick Coffee / Wall Street Journal: |
Memo: meditation app Calm laid off 20% of its staff; sources say Calm employed ~400 people and approximately 90 were laid off; Calm had a $2B valuation in 2020 — Cuts hit marketing department at tech ‘unicorn’ — Calm.com Inc., maker of popular meditation and wellness app Calm … | Debby Wu / Bloomberg: |
Sources: Apple tells its assemblers to make 90M of its newest iPhones, on par with 2021; IDC expects the smartphone market to shrink 3.5% in 2022 — 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 … | Casey Newton / Platformer: |
Sources detail Meta's challenges in building encrypted messaging products, including users' apathy toward encryption, which could change with Roe overturned — The company is moving quickly to make Messenger more secure — but selling it to average users could prove to be a challenge| 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 that it already owned — Federal prosecutors unveiled fraud and money-laundering charges this week against a former Qualcomm research engineer and three others … | Wall Street Journal: |
Meta is testing having DoorDash deliver Facebook Marketplace purchases; sources: the service delivers items that fit in a car trunk and are up to 15 miles away — The service will pick up and deliver items that fit in a car trunk to destinations up to 15 miles away| Zack Whittaker / TechCrunch: |
Hands-on with iOS 16's Lockdown Mode, which aims to protect against highly targeted attacks by disabling link previews in messages, limiting FaceTime, and more — Here's what the new spyware-busting security feature does, and why it might just work — Lockdown Mode is a new Apple feature you should hope you'll never need to use.| David Kirton / Reuters: |
Huawei reports H1 revenue down 5.9% YoY to ~$44.73B and net profit down 52% YoY to ~$2.2B, due to a weak economy, COVID-19 disruptions, and supply chain issues — Huawei Technologies (HWT.UL) said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers … | Wall Street Journal: |
Sources: YouTube plans to launch a “channel store” for streaming services as early as this fall and is talking with partners about subscription revenue splits — Ultracompetitive U.S. market is prompting streaming services to seek new ways to find subscribers| 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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| Sarah Donaldson / Wall Street Journal: |
| The Guardian: |
| Sean Hollister / The Verge: |
| John D. McKinnon / Wall Street Journal: |
| Vishal Chawla / The Block: |
| Devin Coldewey / TechCrunch: |