Techmeme
July 23, 2021, 7:50 AM

Top News

Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY  —  - Twitter's revenue growth accelerated and surpassed analysts' expectations.  — The social-media company introduced its first subscription service in the quarter.
Makena Kelly / The Verge:
Two Democratic senators introduce a bill to strip away social media platforms' Section 230 liability shield if they amplify harmful public health misinformation  —  A new bill would make Facebook liable for misinformation  —  As coronavirus cases rise in unvaccinated populations …
Barry Schwartz / Search Engine Land:
Salvador Rodriguez / CNBC:
Snap reports Q2 revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M; stock rises 15%+  —  - Snap on Thursday reported its second-quarter earnings, beating expectations across the board for earnings, revenue and user growth.
Nature:
Arm details PlasticARM, a 32-bit processor built on a flexible substrate, that it says can lead to embedding of low-cost, ultrathin chips into everyday objects  —  Nearly 50 years ago, Intel created the world's first commercially produced microprocessor—the 4004 (ref. 1), a modest 4-bit CPU …
Matthew Gault / VICE:
Old stories on news sites including WaPo are displaying embedded porn videos after the domain for the defunct video service Vidme was bought by a porn company  —  Stories on major news sites like ‘The Washington Post,’ and ‘New York Magazine’ currently have porn embedded in them.
James Vincent / The Verge:
DeepMind says it used AI to create a “transformative” map of human proteins; some compare the potential impact of the work to that of the Human Genome Project  —  DeepMind plans to release hundreds of millions of protein structures for free  —  AI research lab DeepMind has created …
Chance Miller / 9to5Mac:
Several major websites and services, including Amazon, Steam, and Airbnb, were down for about an hour on Thursday due to issues with Akamai's Edge DNS service  —  Update 12:48 p.m. ET: Akamai says it has implemented a fix for the issue.  “We have implemented a fix for this issue …
Kif Leswing / CNBC:
Intel reports Q2 revenue of $18.5B, up 2% YoY, vs. $17.8B est., Data Center Group revenue of $6.5B, down 9% YoY, while PC unit sales were up 33% YoY  —  - Intel reported second-quarter earnings on Thursday in CEO Pat Gelsinger's second earnings report at the helm of the American chip giant.
Catalin Cimpanu / The Record:
Kaseya says it obtained a universal decryptor for the REvil ransomware and is helping customers recover their data; it is unclear if Kaseya paid the ransom  —  Remote management software vendor Kaseya said today it obtained a universal decryptor for the REvil ransomware and is now in the process …
Chance Miller / 9to5Mac:
Twitter is testing a way to downvote replies on iOS to understand the types of replies users find relevant to a conversation; downvotes won't be public  —  Last year, Twitter's chief product officer Kayvon Beykpour confirmed that the social network was “exploring” the idea of adding a dislike button to the app.
Casey Newton / The Verge:
Q&A with Zuckerberg about his vision for the metaverse and its potential to further splinter our sense of shared reality, Biden's comments about Facebook, more  —  As June came to an end, Facebook CEO Mark Zuckerberg told his employees about an ambitious new initiative.
Jay Greene / Washington Post:
Amazon says it has opened an investigation into AWS' culture after a popular internal petition criticized it for discrimination against women and others  —  The probe comes as more than 550 workers in a cloud-computing unit supported a petition, citing “an underlying culture of systemic discrimination, harassment, bullying and bias.”
Ingrid Lunden / TechCrunch:
Taboola says it is buying retail- and e-commerce-focused ad network Connexity for $800M in cash and stock  —  Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties, today announced an acquisition to expand its reach further …

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Ashutosh Joshi / Bloomberg:

Earlier Picks

Michael Corkery / New York Times:
Sarah Perez / TechCrunch:
Dieter Bohn / The Verge: