| 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: |
| Katie Deighton / Wall Street Journal: |
Tumblr starts testing Post+, which allows users to charge their followers a monthly fee in exchange for access to exclusive content, with Tumblr taking a 5% cut — Social platform is the latest to let users earn money from posting — Microblogging stalwart Tumblr on Wednesday began … | 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 … | 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.| Ben Schoon / 9to5Google: |
Google is shutting down Google Bookmarks on September 30, 2021, and clarifies Starred locations in Google Maps will not be deleted after Bookmarks shuts down — After 16 years of service, Google is about to shut down a service that isn't very well known. On September 30, 2021 “Google Bookmarks” will be closed off for all users.| Romain Dillet / TechCrunch: |
Epic Games acquires Sketchfab, which operates a repository with 4M+ 3D assets, for an undisclosed sum; Sketchfab reduces its store commission from 30% to 12% — New York-based startup Sketchfab has been acquired by Epic Games, the company behind Fortnite and Unreal Engine.| Manish Singh / TechCrunch: |
Byju's acquires Epic, a reading service for kids with a presence across 90% of elementary schools in the US, for $500M — Byju's said on Wednesday it has acquired California-headquartered reading platform Epic for $500 million, the latest in a series of moves from India's most valuable startup … | Jon Porter / The Verge: |
Google Maps expands its crowdedness predictions to 10K+ transit agencies in 100 countries, and will show how crowded individual carriages are in NYC and Sydney — Expanding to ‘over 10,000 transit agencies in 100 countries’ — Google is expanding the number of cities where Maps offers information about public transport crowding.| BBC: |
EU Commission proposes a new law that would force companies that transfer Bitcoin or other crypto-assets to collect details of recipients and senders — Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender.| Natalie Gagliordi / ZDNet: |
Zoom says Zoom Apps and its virtual events service Zoom Events are now generally available, with 50 apps available at launch, including Asana and Dropbox Spaces — The video communications giant said the updates are designed to offer users a greater degree of collaboration … | 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 … | 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 … | Vikas SN / The Economic Times: |
Instagram is testing a new feature called Collab in India and the UK that lets users invite a public account as a collaborator on a post or a Reel — Bengaluru: With collaborations being a major part of how people create content on Instagram, the Facebook-owned platform is now making it easier … | Kris Holt / Engadget: |
Instagram is rolling out a new feature that lets users control “sensitive content” in the Explore tab, with settings to “Allow”, “Limit”, and “Limit Even More” — Instagram's Explore tab can feel like the Wild West at times.| Dean Takahashi / VentureBeat: |
Armenia-based Sololearn, which offers an app to learn coding, raises $24M, following a $1.2M Series A in 2016, and says it is adding more than 300K users/mo. — All the sessions from Transform 2021 are available on-demand now. Watch now. — Armenia-based Sololearn has raised $24 million … | 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.| 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 … | 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.| 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 … | 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 … | 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 … | Packy McCormick / Not Boring: |
A look at Axie Infinity, a Pokémon-like blockchain-based game in which people buy digital pets as NFTs; the game generated $12.2M revenue in June, $79M+ in July — Welcome to the 1,267 newly Not Boring people who have joined us since last Monday! Join 61,505 smart, curious folks by subscribing here:| Ingrid Lunden / TechCrunch: |
Soldo, which develops an automated expense management system for businesses, raises $180M Series C led by Temasek, with Accel and others participating — Expense management has long been a pain point for employees and accounting departments: for many, tracking and parsing how money is spent …
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