Techmeme
July 20, 2021, 6:10 PM

Top News

Jessica Bursztynsky / CNBC:
Netflix reports Q2 revenue of $7.34B vs. $7.32 est., up 19% YoY, global paid net additions of 1.54M vs 1.75M expected; US and Canada region lost 433K subs  —  - Netflix reported earnings that missed on the bottom line.  — The company's revenue and global paid net subscriber additions beat estimates.
Jay Peters / The Verge:
Netflix says its expansion into gaming will start with mobile games, which will be included with a subscription at no additional cost  —  Games will be included at no added cost with a Netflix subscription  —  Netflix revealed that its initial efforts in gaming will be focused on mobile games …
Dave Gershgorn / The Verge:
DuckDuckGo launches a new Email Protection service that forwards emails from a free “@duck.com” address to users' regular inbox after scanning them for trackers  —  This is your chance to get an ‘@duck.com’ email address  —  DuckDuckGo is launching a new email privacy service meant …
Dieter Bohn / The Verge:
Verizon joins AT&T and T-Mobile in switching Android Messages default to RCS, raising questions about when or if Apple will swap its SMS default with RCS  —  That's all three big US carriers, is Apple next?  —  Beginning next year, Verizon will join AT&T and T-Mobile in preloading Android Messages …
Mark Gurman / Bloomberg:
Sources: Apple is delaying return to office deadline by at least a month to October amid rising COVID cases, will give employees a month's notice before return  —  - The iPhone maker is now eyeing an October return for workers  — Covid-19 variants continue to spread across many countries
Bloomberg:
Biden nominates Jonathan Kanter, a long-time foe of Google, to become the DOJ's antitrust chief  —  - Kanter has represented Microsoft, Yelp in anti-Google push  — Biden's appointments signal aggressive antitrust agenda  —  President Joe Biden plans to nominate Jonathan Kanter as head …
Chance Miller / 9to5Mac:
Twitter begins rolling out a preview of a revamped TweetDeck in the US, Canada, and Australia, featuring an option for wider columns, an Explore column, more  —  Twitter is beginning to test a completely redesigned version of TweetDeck, the company announced today.
Washington Post:
Phone numbers belonging to ten prime ministers, three presidents, and a king were among the list of 50K potential NSO targets, leaked to Amnesty International  —  Spies for centuries have trained their sights on those who shape destinies of nations: presidents, prime ministers, kings.
Matthew Panzarino / TechCrunch:
Product Hunt's Josh Buckley and others launch Hyper, a $60M early-stage fund offering $300K fixed checks, a mentorship network, and Product Hunt distribution  —  Hyper is a $60M early-stage fund co-founded by Josh Buckley, Product Hunt's current CEO along with writer, founder and designer Dustin Curtis.
Jennifer Surane / Bloomberg:
Venmo says it is ditching its global social feed, making it so users can no longer see payments between people they don't know  —  - App, owned by PayPal, is removing its global transactions feed  — For years, Venmo has faced criticism for its privacy controls
Keith Barry / Consumer Reports:
Videos of Tesla customers using Full Self-Driving beta 9, rolled out to select users, show a system that seems dangerous for users to be testing on public roads  —  Consumer Reports' car safety experts worry that Tesla continues to use vehicle owners as beta testers for its new features, putting others on the road at risk
Sheera Frenkel / New York Times:
Sources: a group of Facebook data scientists asked for resources to measure COVID misinfo on Facebook at the start of the pandemic, but execs denied the request  —  The company doesn't know some specifics about how falsehoods about Covid-19 and vaccines for the virus spread on its social network.
Forbes:
BlockFi CEO confirms it received an order from the New Jersey Bureau of Securities to stop accepting new Interest Accounts; existing users won't be impacted  —  I write about how digital assets are going to change the world  —  According to a draft press release from the New Jersey Office …
Alexander Osipovich / Wall Street Journal:
Crypto derivatives exchange FTX raises $900M from SoftBank, Sequoia, and others, valuing it at $18B; CryptoCompare: FTX handles $10B+/day in trades on average  —  Investors include SoftBank, Sequoia Capital and Daniel Loeb's Third Point hedge fund  —  Cryptocurrency exchange FTX has raised money …
Kanishka Singh / Reuters:
Report: UK suspends grants to its largest fab, Newport Wafer Fab, which was bought by a Dutch firm owned by China's Wingtech, amid national security concerns  —  British ministers have cut off taxpayer-funded payments to Britain's biggest microchip factory after its sale to a Chinese-owned technology company …
Source: TelegraphMore: CNBC
Sara Fischer / Axios:
Natalie Gagliordi / ZDNet:
Square launches Square Banking, which offers savings, checking, and loan services to Square merchants  —  Building on the success of the Square Debit Card and Square Capital, the company is launching Square Banking, a combination of savings, checking and loan services for Square merchants.
Sara Fischer / Axios:
Substack is funding the launch of podcast network Booksmart, which will start with five podcasts; subscribers will get extra content for $7/month or $70/year  —  Substack is funding the launch of a new podcast network called Booksmart Studios, executives tell Axios.
Mary Ann Azevedo / TechCrunch:
Titan, an investing app with ~30,000 users and ~$500M in assets under management, raises $58M Series B led by a16z, valuing the startup at $450M  —  Titan, a startup that is building a retail investment management platform aimed at the new generation of “everyday investors,” …
Dustin Volz / Wall Street Journal:
TSA issues new cybersecurity rules for US pipeline operators, and the FBI and DHS say China-backed hackers compromised over a dozen US pipelines around 2012  —  Latest hacking allegations come as Biden administration unveils new cybersecurity rules for pipeline operators
Danny Nelson / CoinDesk:
OpenSea, one of the largest marketplaces for NFTs, raises $100M Series B led by a16z at a $1.5B valuation; OpenSea had $160M in digital asset sales in June  —  The NFT venue has crossed into the rarefied air of crypto unicorns.  —  OpenSea, one of the largest digital art marketplaces …

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Ina Fried / Axios: