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August 17, 2022, 5:40 AM
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| Brayden Lindrea / Cointelegraph: |
Report: Alphabet invested ~$1.5B in blockchain companies between September 2021 and June 2022, the most by any public company, followed by BlackRock with $1.17B — Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata.| Eric Jardine / Chainalysis: |
Analysis: in 2022 through July, crypto transaction volumes are lagging behind 2021; illicit volumes are down 15% YoY and legitimate volumes are down 36% YoY — 2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June.
More:
Reuters, TechCrunch, Cryptonews, Watcher Guru, CryptoPotato, CNN, Cointelegraph, CoinGape, Decrypt, PYMNTS.com, Crypto Daily, Dark Reading, Finbold, Bloomberg, DeCential, and Fortune
Tweets: @chainalysis, @chainalysis, @ron_miller, @wublockchain, and @chainalysis
| Jessica Bursztynsky / Fast Company: |
Airbnb introduces “anti-party technology” in the US and Canada to automatically block reservations at a high risk of leading to unauthorized parties — Airbnb is piloting new anti-party technology in the U.S. and Canada in its ongoing efforts to fend off users who are looking …
Source:
Airbnb Newsroom. More:
TechCrunch, Insider, Associated Press, Mashable, and Digital Trends
Tweets: @jasonabbruzzese, @larakiara, @aaschapiro, @newsynick, @sarahnemerson, @jmbooyah, and @carnage4life
| Sam Kim / Bloomberg: |
TrendForce: DRAM bit growth, a key barometer for chip market demand that measures memory produced, will rise 8.3% in 2023, the weakest on record — Mounting concern over semiconductor demand is sending shudders through North Asia's high-tech exporters, which historically serve as a bellwether for the international economy.
More:
Financial Times, Tech Xplore, and Financial Times
Tweets: @thestalwart, @samkimasia, @mayazi, @investor1927, @jessefelder, @bloombergasia, @trengriffin, @shiraovide, @pelstrom, and @muradahmed
| Will Knight / Wired: |
Google says it is using its most powerful large language model PaLM to help robots from Alphabet X spinout Everyday Robots understand complex human commands — The machine learning technique that taught notorious text generator GPT-3 to write can also help robots make sense of spoken commands.
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Washington Post, CNET, iTnews, Reuters, The Keyword, TechCrunch, Android Central, Google AI Blog, Fast Company, The Verge, Slashdot, and YouTube
Tweets: @wired, @stshank, @gadgetlab, and @willknight
| Nikkei Asia: |
Sources: Apple is in talks with its suppliers to mass produce Apple Watch and MacBooks in Vietnam for the first time — Country benefits as tech giant looks to build more products outside of China — TAIPEI — Apple is in talks to make Apple Watches and MacBooks in Vietnam for the first time …
More:
MacRumors, iThinkDifferent, and The Economic Times
Tweets: @birdyword, @sino_market, and @birdyword
| Nicole Wetsman / The Verge: |
Mozilla report flags 18 of the top 25 period and pregnancy tracking apps and wearables, including Clue and Eve, for poor privacy and data management practices — It's concerning in a post-Dobbs landscape — Period and pregnancy tracking apps collect data that could theoretically be used … | David Pan / Bloomberg: |
Publicly-traded US bitcoin miners Core Scientific, Marathon Digital, and Riot Blockchain lost $862M, $192M, and $366M, respectively, in Q2 after impairments — The three-largest US publicly traded Bitcoin mining companies lost over $1 billion in the second quarter after taking a series …
Tweets: @smdiehl, @davidpan_1, and @braun_ally
| Arjun Kharpal / CNBC: |
Tencent misses with Q2 revenue down 3% YoY to ~$19.78B, its first-ever quarterly decline, due to China's COVID-19 lockdowns and strict gaming regulations — - Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence … | Alex Barker / Financial Times: |
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV — Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
More:
The i Paper, Deadline, Ofcom, and BBC
Tweets: @jimwaterson, @aservais1, @risj_oxford, @timgatt, @benedictevans, @benedictevans, and @stokel
| Natasha Mascarenhas / TechCrunch: |
Pomelo, an international money transfer service that lets US senders offer credit cards to recipients in the Philippines, emerges from stealth with a $20M seed — Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed.| Rebecca Bellan / TechCrunch: |
SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch an autonomous taxi service, raised a $148M Series B at a $1B+ valuation — SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC aiming to launch a commercial robotaxi service, raised $148 million (RMB 1 billion).
More:
Caixin Global, DealStreetAsia, TechNode, Reuters, and Pandaily
Sponsor Posts
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