Techmeme
July 21, 2021, 10:40 AM

Top News

Jessica Bursztynsky / CNBC:
Netflix reports Q2 revenue of $7.34B vs. $7.32B est., up 19% YoY, global paid net additions of 1.54M vs. 1.19M expected; US and Canada region lost 433K subs QoQ  —  - 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:
Dan Goodin / Ars Technica:
Researchers detail two new local privilege escalation vulnerabilities, one in recent builds of Windows 10 and the preview of Windows 11, and the other in Linux  —  Both OSes have flaws that allow attackers with a toehold to elevate access.  —  The world woke up on Tuesday to two new vulnerabilities …
Matthew Green / A Few Thoughts …:
Apple and Google can do more to screw up the economics of NSO-style mass exploitation, and should be pressured to do so  —  This week a group of global newspapers is running a series of articles detailing abuses of NSO Group's Pegasus spyware.  If you haven't seen any of these articles …
Washington Post:
Mehul Srivastava / Financial Times:
CTech:
Washington Post:
Top US Catholic Church official resigns after a Catholic media site obtained his alleged Grindr app and phone location data from an undisclosed data broker  —  The top administrator of the U.S. Conference of Catholic Bishops resigned after a Catholic media site told the conference it had access …
Brian Heater / TechCrunch:
Samsung announces its next Galaxy Unpacked event will be held virtually on August 11, where it is expected to unveil new foldables  —  Samsung just sent out invites for its next Unpacked event.  There are those companies that like to sneak hints into their invites — and then there's Samsung.
Abner Li / 9to5Google:
Chrome 92 for iOS enables Face ID and Touch ID protection of Incognito tabs, “Full Page” screenshot support, and more  —  Google is rolling out Chrome 92 for iOS today with a number of new user-facing features and tweaks.  — Chrome 92 rolling out: Android Toolbar shortcut …
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.
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 …
The Information:
Sources: Bolt, which offers a one-click checkout service, is raising a $333M Series D at a post-money valuation of $4B, nearly five times its December valuation  —  Bolt, a San Francisco-based startup that offers software for online shopping, is raising $333 million in Series D funding …
Kris Holt / Engadget:
Ingrid Lunden / TechCrunch:
Ethos, which integrates with third-party insurance underwriters to offer life insurance, raises $100M from SoftBank Vision Fund 2 at a valuation of $2.7B+  —  More than half of the U.S. population has stayed away from considering life insurance because they believe it's probably too expensive …
More: FinSMEs
MacKenzie Sigalos / CNBC:
Core Scientific, which says it is the biggest bitcoin mining company in the US, says it will go public via SPAC at a valuation of around $4.3B  —  - Cryptocurrency mining operator Core Scientific is listing on the Nasdaq through a merger with Power & Digital Infrastructure Acquisition Corp.
More: Tech News
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 …
Sarah Perez / TechCrunch:
HBO Max partners with Snapchat to let users in the US co-watch pilots of select series with up to 63 other users for free via a Snap Mini  —  In a bid to boost sign-ups to its streaming service, HBO Max is partnering with Snap to bring free episodes from its original programing to Snapchat users …
Paul Sawers / VentureBeat:
FloQast, which develops accounting collaboration, automation, and close-management software, raises $110M Series D at a valuation of $1.2B  —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  FloQast, an accounting collaboration, automation and close-management platform …
More: dot.LA

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Zoho:
Zoho Sign for iOS 15 and iPadOS 15: Smarter widgets, keyboard shortcuts and more  —  Apple unveiled iOS 15 and iPadOS 15 at their WWDC event in June this year where the talk was all about focus and user experience.
Techmeme Ride Home:
Startups! Send Your Pitch Decks (And How ANY Listener Can Participate)
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Paul Benjamin Osterlund / Rest of World:

Earlier Picks

Dieter Bohn / The Verge:
Matthew Panzarino / TechCrunch:
Jennifer Surane / Bloomberg:
Keith Barry / Consumer Reports: