Techmeme
July 7, 2022, 1:40 PM

Top News

Adi Robertson / The Verge:
Meta plans to stop requiring Facebook IDs to log into Quest devices starting in August 2022 and will roll out “Meta accounts” for new and existing Quest users  —  They'll require a Meta account instead  —  Meta is introducing a new account system for its virtual reality headsets …
Mark Gurman / Bloomberg:
Ivan Mehta / TechCrunch:
Reddit launches an NFT-based avatar marketplace with 90 profile pictures available for purchase at a fixed price, expanding on support for Ethereum-based NFTs  —  Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate.
Tom Warren / The Verge:
Twitter starts testing a CoTweets feature that lets two accounts co-author a tweet, with both accounts tagged in a single tweet, an idea it tested in March 2022  —  Twitter says it's testing CoTweets for a limited time  —  Twitter has started testing a new CoTweets feature this week with users of the social network.
Sergiu Gatlan / BleepingComputer:
In a joint advisory, the FBI, CISA, and the US Treasury Department warn North Korea-backed hackers are using Maui ransomware to attack healthcare organizations  —  The FBI, CISA, and the U.S. Treasury Department issued today a joint advisory warning of North-Korean-backed threat actors using Maui ransomware …
Max Colchester / Wall Street Journal:
The FBI and MI5 issue a rare joint statement warning tech companies of China's large-scale state-sponsored hacking and a global network of agents to steal IP  —  Officials say Beijing employs large-scale hacking and global network of agents to steal Western technology; U.S. also warns about efforts to influence policy-making
Cheyenne Ligon / CoinDesk:
The US Office of Government Ethics issues a legal advisory barring federal workers who own crypto from working on cryptocurrency-related policy and regulation  —  A new legal advisory from the Office of Government Ethics bars federal workers who own crypto from working on policies that could influence the value of their digital assets.
Benjamin Pimentel / Protocol:
Binance.US names ex-Acorns CFO and COO Jasmine Lee as its CFO, as the company prepares for an IPO in the next two to three years  —  Binance.US has named a new CFO, sending a strong signal that the crypto company is gearing up to go public.  Jasmine Lee, who previously served as CFO …
Bloomberg:
Voyager Digital files for Chapter 11 bankruptcy in New York, estimating it has 100,000+ creditors and $1B-$10B in assets; SBF's Alameda is its main creditor  —  Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline …
Bloomberg:
Sources: SoftBank's Rajeev Misra is stepping back from the organization but will remain CEO of the first Vision Fund; Misra has secured $6B+ for his own fund  —  Rajeev Misra is stepping back from his main roles at SoftBank Group Corp., marking the exit of one of the key architects …
Mark Gurman / Bloomberg:
Sources: a rugged Apple Watch slated for 2022 will have a larger, nearly 2" shatter-resistant screen, non-aluminum metal case, longer workout tracking, and more  —  Apple Inc. plans its largest smartwatch display to date, a bigger battery and a rugged metal casing as part …
Reuters:
Samsung reports $10.7B in Q2 operating profit, an 11% YoY rise and its best since 2018, and revenue up 21% YoY to $59B, driven by strong server chip sales  —  Samsung Electronics Co Ltd (005930.KS) turned in its best April-June profit since 2018 with an 11% year-on-year rise …
Bloomberg:
Tech companies are too slow at preventing users from spreading videos and images that analyze and celebrate mass shooters, potentially inspiring future attacks  —  Mass shooting events like the one that happened July 4 near Chicago typically set off an-all-too-common chain of procedures at tech companies …

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Earlier Picks

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James Vincent / The Verge: