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Techmeme
August 15, 2022, 10:40 PM
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Top News

New York Times:
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check  —  WeWork's founder is back with a billion-dollar venture.  —  WeWork's founder is going residential
Jon Porter / The Verge:
Android 13 begins rolling out today to Google's Pixel phones, earlier in the year than the previous two Android annual updates  —  Google's major OS update is a little early this year  —  This year's major Android update, Android 13, is officially releasing today for Google's Pixel phones, the search giant has announced.
New York Times:
A look at the rise of digital productivity monitoring for white collar jobs in the US, sometimes used to assign workers scores, determine pay, and more  —  Across industries and incomes, more employees are being tracked, recorded and ranked.  What is gained, companies say, is efficiency and accountability.
Mark Gurman / Bloomberg:
Sources: Apple sets a return-to-office deadline of September 5, for Tuesdays, Thursdays, and a regular third day that will be determined by individual teams  —  Apple Inc. has set a Sept. 5 deadline for corporate employees to be in the office at least three days a week after delaying …
Reuters:
Walmart partners with Paramount to include the $4.99/month ad-supported tier of the Paramount+ streaming service as part of its Walmart+ subscription  —  U.S. retailer Walmart Inc (WMT.N) on Monday struck a deal with Paramount Global (PARA.O) to offer Paramount+ streaming service to the subscribers …
Todd Spangler / Variety:
Snap says its Snapchat+ subscription, launched in June, now has 1M+ users globally and adds features, including priority Story replies to celebs  —  It's not going to make much of a dent to offset Snap's stalling ad business, but the company is touting that it has signed up more than 1 million subscribers …
James Vincent / The Verge:
TikTok rolls out a text-to-image “AI greenscreen”, letting users create a basic background for videos from a text prompt  —  The app's ‘AI greenscreen’ filter shows text-to-image has gone mainstream  —  Text-to-image AI systems are booming in both ability and popularity right now …
Lucy Harley-McKeown / The Block:
Galaxy Digital terminates its $1.2B acquisition of crypto custodian BitGo, announced in May 2021, after the service failed to provide audited statements  —  - Galaxy Digital announced on Monday that it would terminate its deal with crypto custodian BitGo, which had been announced in May 2021.
Bobby Kent / GameLuster:
Court docs in Brazil show Microsoft sold approximately 58.5M Xbox One units in total, or half of the PS4's 117.2M sales; Microsoft has long hidden sales figures  —  A high-profile case is ongoing in Brazil, as Microsoft attempts to defend its Activision Blizzard acquisition from CADE, the Brazilian competition authority.
Lily Hay Newman / Wired:
A “jailbreak” for John Deere tractors, helping farmers modify and repair them, highlights issues with securing farm equipment and the right-to-repair debate  —  A hacker has formulated an exploit that provides root access to two popular models of the company's farm equipment.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 PM ET, August 15, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Rebecca Rubin / Variety:
Sony's Spider-Man: Brand New Day opened to a record-setting $360M in North America, beating Avengers: Endgame's $357M; globally, it hit $932M, second to Endgame

Rebecca Rubin / Variety:
Imax reaches its highest-grossing month ever with $257M globally in July, 47% above its previous record; The Odyssey has generated $221M globally in Imax so far

CNBC:
Snap reports Q2 revenue up 19% YoY to $1.6B, above $1.54B est., DAUs up 5% to 493M, above 487M est., and forecasts Q3 revenue above est.; SNAP jumps 10%+

More News

Emma Roth / The Verge:
Zoom pushes an update to fix a flaw, found by Patrick Wardle, in its Mac app's auto-update feature that could let attackers run code with root access
Margaret O'Mara / MIT Technology Review:
An in-depth look at Silicon Valley's historical corporate culture, how straight white men benefitted, and efforts by women and minorities to push for change
Jen Wieczner / New York Magazine:
An in-depth look at the fall of Three Arrows Capital, led by Su Zhu and Kyle Davies, which built a solid reputation only to vaporize billions of dollars

Earlier Picks

Reuters:
Unity Software rejects AppLovin's $17.54B all-stock takeover offer, saying it would proceed with its deal to acquire ironSource for $4.4B in stock
Andrew Hill / Financial Times:
A look at the UK's beleaguered semiconductor industry, which has withered since the 1980s, and efforts to revive domestic production amid a global supply crunch
Bloomberg:
Analysis: Google Maps in the US regularly misleads people looking for abortion providers, instead pointing them towards non-medical crisis pregnancy centers
Wall Street Journal:
The US' $42.5B broadband budget for underserved areas is withheld until the FCC makes new service maps, which aren't expected by rural providers until late 2023
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