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August 12, 2022, 2:40 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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The Verge, MacRumors, PCMag, 9to5Mac, and FOSS Patents
| 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.
Source:
FIOD. More:
The Block, CoinDesk, TechCrunch, The Record, Fortune, SiliconANGLE, Gizmodo, Decrypt, Engadget, Forbes, PCMag, Blockworks, Benzinga, Crypto Adventure, The Crypto Basic, Bitcoin News, The Verge, Neowin, 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, @pt, and @alexhern
| 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’| 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 …
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Wccftech, iMore, The Mac Observer, Neowin, iPhone in Canada Blog, BGR, Philip Elmer‑DeWitt, MacDailyNews, Gizchina, Apple Must, TechRadar, Tom's Guide, Livemint, MacRumors, PhoneArena, MarketWatch, AppleInsider, 9to5Mac, and MacRumors. Tweets: @markets
| 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 … | 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 …
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PCMag, Engadget, U.S. Department of Justice, MarketWatch, The Register, and SiliconANGLE
| 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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Financial Times, Ars Technica, The Verge, Washington Post, Android Authority, CNET, New York Times, ZDNet, The Economic Times, Wall Street Journal, iPhone in Canada Blog, Reuters, Associated Press, Appuals.com, Axios, TechCrunch, Android Headlines, Philip Elmer‑DeWitt, CNN, Engadget, iClarified, SamMobile, and Livemint
Tweets: @toonithecreator, @bloombergtv, and @charterhousesq
| Casey Newton / Platformer: |
Sources detail Meta's challenges in building encrypted messaging products, including users' apathy toward encryption, which could change due to Roe's reversal — The company is moving quickly to make Messenger more secure — but selling it to average users could prove to be a challenge
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iDownloadBlog.com, The Guardian, TechCircle, The Hacker News, Android Headlines, Phandroid, XDA Developers, MobileSyrup, MacRumors, Social Media Today, SlashGear, BGR, CNN, iPhone in Canada Blog, Input, PCMag, Gizmodo, and CNBC
Tweets: @evacide, @simcd, @palomaszerman, @caseynewton, and @shiondev
| 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:
Softpedia News, The Register, Reuters, Australian Financial Review, Yahoo Finance, CNET, Android Central, WAtoday, and euronews
Tweets: @tomvalletti, @acccgovau, and @mrnuu
| 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 … | 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:
The Verge, PCMag, Protocol, Associated Press, California Legislature, Los Angeles Times, MarketWatch, and b'dot.LA'
Tweets: @commonsense, @sarahedon, @benfritz, @caichildlaw, @caichildlaw, @tomkemp00, and @kimwalshstone
| 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
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Federal Communications …. More:
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