| Richard Lawler / The Verge: |
Activision Blizzard says president J. Allen Brack is leaving the company, replaced by Jen Oneal and Mike Ybarra, as the fallout from CA lawsuit continues — Jen Oneal and Mike Ybarra will take over as co-leaders — In the last week or so, we've learned about the state of California filing … | Dean Takahashi / VentureBeat: |
Activision beats expectations in Q2 with revenue of $2.29B, up 19% YoY, and net bookings of $1.92B, down only 7% YoY, notes risks of the sexual harassment suit — Activision Blizzard reported earnings today that beat Wall Street's and its own expectations with 19% revenue growth to $2.29 billion for the second quarter ended June 30.| Sean Hollister / The Verge: |
Activision Blizzard says that Blizzard's head of global human resources, Jesse Meschuk, has also left the company — Jesse Meschuk, SVP of global HR, has left — Blizzard president J. Allen Brack isn't the only executive leaving the company today after presiding over a culture now accused of fostering “constant sexual harassment.”| Nilay Patel / The Verge: |
Q&A with YouTube chief product officer Neal Mohan on monetizing Shorts, content moderation with Content ID, YouTube TV, competing with TikTok, and more — YouTube chief product officer Neal Mohan joined Decoder this week to discuss YouTube's new $100 million fund to begin paying creators … | Jay Peters / The Verge: |
Microsoft tells employees it will require proof of vaccination to enter a Microsoft building in the US starting September, with medical and religious exceptions — The full opening of its US offices will be ‘no earlier’ than October 4th — Microsoft has informed employees that it will require proof … | Chong Koh Ping / Wall Street Journal: |
After Chinese state media criticized online gaming as “opium for the mind” in a now-deleted article, Tencent announces stricter rules for young users — Shares of NetEase and Bilibili also suffer steep falls — Shares of Tencent Holdings Ltd. and rivals plummeted Tuesday … | Mark Gurman / Bloomberg: |
Apple and Affirm's PayBright will launch a “buy now, pay later” program for iPhone, Mac, and iPad purchases in Canada on Aug. 11, according to a staff message — - Monthly installments to be offered in Canada on Apple devices — Company working on future service for all Apple Pay purchases| Bloomberg: |
Q&A with SEC chair Gary Gensler on protecting cryptocurrency investors from fraud, regulating the industry, Bitcoin ETFs, and other SEC priorities like GameStop — It's become a parlor game in Washington, on Wall Street, and in Silicon Valley to figure out where U.S. Securities … | Antoine Gara / Forbes: |
How Michael Dell oversaw Dell's expansion after taking it private, growing the company to $75B, by focusing on providing infrastructure to businesses and others — After years battling Silicon Valley skeptics and Wall Street adversaries, Michael Dell has pulled off the deal of the century … | Jon Porter / The Verge: |
Spotify is testing Spotify Plus, a low-cost tier that includes ads but doesn't impose limits on track skipping and lets users pick specific songs to play — Spotify Plus is being piloted with a ‘limited number’ of users — Spotify Plus is a new $.99 subscription tier being piloted … | Andrew Kersley / Wired UK: |
Sources: well over 100 UK-based employees at Amazon's Prime Air drone delivery unit have lost their jobs since 2019, as the company scales back its ambitions — Amazon has triggered mass redundancies and transfers as it winds down a huge part of its UK drone delivery business| The Information: |
Facebook confirms it is building a team of AI researchers to study ways of analyzing encrypted data without decrypting it, potentially helping better target ads — Facebook is bulking up a team of artificial intelligence researchers, including a key hire from Microsoft … | Brian Heater / TechCrunch: |
Citizen launches Protect, a $20/month service that offers access to a Citizen operator and other features, after a 100,000-user beta test — After months of testing with upwards of 100,000 beta testers, Citizen today is launching its premium Protect offering for all users.| Chance Miller / 9to5Mac: |
Apple rolls out three new AMD Radeon Pro graphic card modules for Intel-based Mac Pros; the options range from $2,400 to $5,600 in build-to-order configurations — Apple has rolled out three new graphics card modules for the Intel-powered Mac Pro today. The new graphics card modules include … | Maggie Fitzgerald / CNBC: |
Robinhood's stock closes at $46.80, up 24.2% on the day's trading, blowing past its IPO price of $38 and becoming the day's “top traded stock” on Fidelity — - Robinhood went public last Thursday on the Nasdaq under the ticker HOOD. — The stock priced at $38 per share, the low end of its offering range.| Lauren Kaori Gurley / VICE: |
Sources: NLRB probe found Amazon illegally interfered with workers organizing in Staten Island, NY; NLRB officer recommends election rerun for Alabama warehouse — The National Labor Relations Board found that Amazon illegally interfered with worker organizing at its Staten Island, New York warehouse in May.| Rainey Reitman / Electronic Frontier Foundation: |
The confusing language in the infrastructure bill's crypto provision suggests that nearly any entity in crypto is a broker and must collect their users' data — The forthcoming Senate draft of Biden's infrastructure bill—a 2,000+ page bill designed to update the United States' roads … | Boris Metodiev / Strategy Analytics: |
| Martin Matishak / The Record: |
A bipartisan Senate investigation finds that, despite years of warnings, many US government agencies have not established effective cybersecurity programs — Several major federal agencies continue to fail to address recurring cybersecurity vulnerabilities or implement basic standards … | Rob Price / Insider: |
UK-based Emojipedia, an encyclopedia for emoji founded in 2013, says it has been acquired by smartphone software company Zedge — - Emojipedia has been acquired by smartphone software company Zedge for an undisclosed amount. — The online emoji encyclopedia was founded in 2013, and has 500 million-plus yearly pageviews.| Sam Rutherford / Gizmodo: |
Google's Rick Osterloh demos Pixel 6's Tensor SoC, which enables real-time object detection and HDR in videos as well as real-time translation and live captions — We sat down with Google's phone chief, Rick Osterloh, to see what the Pixel 6 has in store. — Alerts| Dieter Bohn / The Verge: |
| Lulu Yilun Chen / Bloomberg: |
After Chinese regulators halted its IPO, Alibaba's Ant Group reports Q1 profit fell to $2.1B, down 37% from the previous quarter — Ant Group Co.'s profit fell to $2.1 billion in the March quarter after Chinese regulators thwarted its record initial public offering and told it to overhaul its sprawling operation.
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| Sami Fathi / MacRumors: |