| Salvador Rodriguez / Wall Street Journal: |
Sources: before ATT, Apple suggested possible revenue-sharing deals to Meta, like taking a cut from “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| Yogita Khatri / The Block: |
Dutch authorities arrest a Tornado Cash developer suspected of involvement in concealing money laundering, two days after the US sanctioned the crypto mixer — - The Tornado Cash developer arrested by Dutch authorities on Wednesday is Alexey Pertsev, his wife has confirmed to The Block.| Wall Street Journal: |
Sources: YouTube plans to launch a “channel store” for streaming services as early as Fall 2022 and is talking with partners about subscription revenue sharing — Ultracompetitive U.S. market is prompting streaming services to seek new ways to find subscribers| Kyle Wiggers / TechCrunch: |
Stable Diffusion, a DALL-E 2-like system now available to 1K+ researchers, is raising tricky ethical questions by allowing depictions of public figures and more — DALL-E 2, OpenAI's powerful text-to-image AI system, can create photos in the style of cartoonists, 19th century daguerreotypists, stop-motion animators and more.| 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 … | Chris Metinko / Crunchbase News: |
Overtime, which distributes original sports content on social media channels, raised a $100M Series D at a $500M valuation, bringing its total funding to $250M — Sports league startup Overtime closed a $100 million Series D valuing the company at $500 million.| 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.| 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| Freddy Brewster / Los Angeles Times: |
A look at Sam Bankman-Fried's US lobbying, seeking to make CFTC, not SEC, oversee crypto markets and change how commodity futures markets operate in the US — In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation.| 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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| David Kirton / Reuters: |
| Sarah Donaldson / Wall Street Journal: |
| The Guardian: |
| Aisha Malik / TechCrunch: |
| Sean Hollister / The Verge: |