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

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Chris Gilliard / Wired:
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Earlier Picks

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Dan Primack / Axios: