Techmeme
July 30, 2021, 10:55 AM

Top News

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.
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
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 …
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.
Jonathan Greig / ZDNet:
Researchers detail a never-before-seen attack against Iran's train system and transport ministry from a new threat actor using a reusable wiper called Meteor  —  SentinelOne analysts were able to recreate the July 9 attack and identify the threat actor behind it.
Maggie Fitzgerald / CNBC:
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B  —  - Stock trading app Robinhood fell more than 8% on its first day of trading on the Nasdaq.  — Robinhood's opening price was $38 per share.
Kieran Leavitt / Toronto Star:
Canada proposes the creation of a digital safety commissioner role to oversee violations of new harmful online content rules and issue penalties to platforms  —  The Liberal government has proposed a vast new system that would be tailored to ensure illegal content, such as child pornography and hate-speech …
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

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything.  Cape doesn't.  —  Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more.  Switch today and get 29% off for life.
Zoho:
Pro tips: 5 ways to close WhatsApp leads in Zoho CRM  —  This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.More buyers now reach out on WhatsApp before they ever fill out a form.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
Ex-Twitter CEO on Why AI Needs a New Internet | Parag Agrawal
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Anthropic's first technical PM on token maxing, the jagged edge, and living in the future | Dianne Penn
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
What Happens If AI Fails?, Subprime Data Center Crisis, How Bad Can SpaceX Get?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
OpenAI Models Go Rogue + Kimi K3 Freakout + A.I. Superforecasting
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, July 30, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Ian Carlos Campbell / The Verge:
Thomas Brewster / Forbes:
Michail / GSMArena.com:
Salvador Rodriguez / CNBC:

Earlier Picks

Danielle Kaye / Reuters:
Jordan Fabian / Bloomberg:
Ryne Hager / Android Police:
Karissa Bell / Engadget: