Techmeme
July 30, 2021, 2:05 PM

Top News

Stephanie Bodoni / Bloomberg:
In a filing, Amazon discloses that EU privacy regulators levied a record $888M fine for violating GDPR data storage rules in a July 16 decision  —  - Luxembourg watchdog wields new powers with highest data fine  — Fine follows probe based on complaint by French privacy group
Amazon.com, Inc.:
Amazon reports Q2 revenue of $113.08B vs. $115.2B est., net sales grew 27% YoY, net income of $7.8B, and AWS net sales of $14.8B, up 37% YoY; stock down 5%+  —  SEATTLE—(BUSINESS WIRE) July 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2021.
Russ Mitchell / Los Angeles Times:
New book claims Elon Musk demanded to be made Apple CEO during Tesla buyout talks in 2016, before Tim Cook cursed and hung up; Musk says he never spoke to Cook  —  Power Play: Tesla, Elon Musk, and the Bet of the Century  —  If you buy books linked on our site, The Times may earn a commission …
Natalie Wolchover / Quanta Magazine:
Physicists say they used Google's quantum computer to demo a time crystal, which forever cycles between states without consuming energy, for the first time  —  Like a perpetual motion machine, a time crystal forever cycles between states without consuming energy.
Reuters:
SEC has stopped processing IPO and other registrations by Chinese companies as it crafts guidance for investors disclosures over China's crackdown  —  (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) …
Davey Alba / New York Times:
A look at the development of an Amazon warehouse in Windsor, CT, where the discovery of multiple nooses on site raises questions about Amazon's responsibilities  —  The discovery of multiple nooses has set off heated debates about the responsibility of companies and the ability of workers to speak their mind.
Tom Wilson / Reuters:
Binance says it will wind down futures and derivatives trading in Europe, amid regulatory pressure; users will have 90 days to close from a date specified later  —  Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe …
Jay Peters / The Verge:
Snap says it resolved an issue that prevented some Snapchat users from logging in and advises users to manually update the app if the issue persists  —  Snap resolved an issue preventing users from logging in  —  Snapchat experienced a massive issue Thursday evening, with more than 125,000 users reporting problems on Downdetector.
Nick Statt / Protocol:
A look at the fallout from the Activision Blizzard suit, as the company confirms it fired WoW lead for misconduct last year and hires “union-busting” law firm  —  Activision Blizzard is in crisis mode.  The World of Warcraft publisher was the subject of a shocking lawsuit filed …
Catherine Stupp / Wall Street Journal:
Faced with rising ransomware risks, companies seeking cybersecurity professionals are paying higher salaries and offering more autonomy  —  Companies are paying higher salaries, and in some cases giving more autonomy, to attract executives who manage data security

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More News

Ian Carlos Campbell / The Verge:
Thomas Brewster / Forbes:
Jonathan Greig / ZDNet:
Kieran Leavitt / Toronto Star:

Earlier Picks

Michail / GSMArena.com:
Salvador Rodriguez / CNBC:
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Ryne Hager / Android Police:
Karissa Bell / Engadget: