Techmeme
July 4, 2022, 10:45 AM

Top News

Mark Gurman / Bloomberg:
As Apple ramped up Mac chip investments, improvements to its other chips slowed down; sources say Apple Watch Series 8 might be able to detect a fever in users  —  When it comes to Apple's chip advancements, the company's iPhone and watch are taking a back seat to the Mac.
Meir Orbach / CTech:
Source: Celsius has laid off 150 employees, around a quarter of its staff, after pausing withdrawals on June 13; the lender says it is exploring restructuring  —  The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw …
Arthur Hayes / Entrepreneur's Handbook:
Michael McSweeney / The Block:
Dan Milmo / The Guardian:
Chainalysis: NFT sales totaled just over $1B in June 2022, a 12-month low since June 2021 when sales were $648M; sales reached a peak of $12.6B in January 2022  —  Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January
Sarah Zheng / Bloomberg:
In a forum post, an unidentified hacker claims to have stolen 23TB of data on up to 1B Chinese residents after breaching a Shanghai police database  —  Unknown hackers claimed to have stolen data on as many as a billion Chinese residents after breaching a Shanghai police database …
Jane Clinton / The Guardian:
The UK Army confirms its Twitter and YouTube accounts were compromised on July 3 and used to promote cryptocurrency giveaway scams before being restored  —  Investigation under way after interview with Elon Musk uploaded to video channel and picture of cartoon monkey seen on Twitter
Pew Research Center:
Survey: experts are split on the evolution of an immersive metaverse by 2040, worry about the dominant platforms building it, and expect more useful AR and MR  —  Hype?  Hope?  Hell?  Maybe all three.  Experts are split about the likely evolution of a truly immersive ‘metaverse.’ They expect …
Ionut Ilascu / BleepingComputer:
HackerOne says an employee stole vulnerability reports submitted through its bug bounty platform and disclosed them to seven companies for financial rewards  —  A HackerOne employee stole vulnerability reports submitted through the bug bounty platform and disclosed them to affected customers to claim financial rewards.
Keith Cornett / CorvetteBlogger.com:
Chevrolet's first NFT auction, an original artwork accompanied by a unique green 2023 Corvette Z06, received zero bids, as the price of ether fluctuated wildly  —  Sometimes what might have been a great idea when it was proposed months ago can turn out to be a dud.
Immanual John Milton / Bloomberg:
MicroStrategy's bitcoin holdings dropped 58% from $5.9B at the end of Q1 2022 to $2.45B at the end of Q2 2022  —  When MicroStrategy Inc. began buying Bitcoin in bulk in the summer of 2020, CEO Michael Saylor said it was because inflation would make cash worthless.
Sarah Butler / The Guardian:
Amazon launches a “micromobility” hub in Hackney, London with a fleet of e-cargo bikes and on-foot delivery staff to replace thousands of van deliveries  —  Online retailer opening ‘micromobility’ hub in Hackney as part of efforts to cut carbon emissions

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
How does live chat work?  —  If you're an online business operating through websites or instant messaging/social media platforms, regardless of your industry, you need a way to connect with your visitors.
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.

Featured Podcasts

Techmeme Ride Home:
UK Backdoor Into iPhones?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Matt Mullenweg (Co-Founder WordPress): WordPress Controversy, Future of Open Source AI, and Navigating Backlash
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Decoder with Nilay Patel:
Elon Musk's presidency is just getting started
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Generative Now:
Rajarshi Gupta: Artificial Intelligence and Crypto at Coinbase
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
BG2 Pod:
DeepSeek, Open Source, Tariffs, DOGE, Market Impact
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
Channels with Peter Kafka:
Why Michael Lewis is worried about the sports betting boom
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, July 4, 2022.

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

Chris Gilliard / Wired:
Nelson Rauda Zablah / New York Times:

Earlier Picks

Yiwen Lu / Washington Post:
Andrew Deck / Rest of World:
Olga Kharif / Bloomberg:
Mitchell Clark / The Verge:
Dan Primack / Axios: