Techmeme
July 14, 2022, 3:50 PM

Top News

Dan Seifert / The Verge:
MacBook Air M2 review: thinner with a better screen and webcam, but gets warm and throttles aggressively under intense workloads; base model has a slower SSD  —  New design, new display, new processor, new price  —  After 14 years, three revisions, and two different processor architectures …
Michael McSweeney / The Block:
NFT marketplace OpenSea CEO Devin Finzer says it laid off roughly 20% of employees; OpenSea has 769 employees according to its LinkedIn page  —  - NFT marketplace major OpenSea announced layoffs on Thursday.  — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.
Wall Street Journal:
Sources: Stripe, last valued by private investors at $95B, told staff it cut its internal share price by 28%, lowering those shares' implied valuation to $74B  —  Payments processor was last valued at $95 billion  —  Payments giant Stripe last valued by private investors at $95 billion …
Tom Warren / The Verge:
Google releases Chrome OS Flex, a Chrome OS version for businesses and schools to run on 400+ old PC and Mac models, after fixing 600+ bugs since February 2022  —  Businesses and schools can now install Chrome OS on existing hardware  —  Google is releasing Chrome OS Flex today …
Lucy Harley-McKeown / The Block:
Ed Shanahan / New York Times:
A federal jury convicts Vault 7-leaker Joshua Schulte on nine counts, two years after a previous jury failed to agree on eight of the 10 charges he then faced  —  The top federal prosecutor in Manhattan said Joshua Schulte had engaged in “one of the most brazen and damaging acts of espionage in American history.”
Queenie Wong / CNET:
Facebook says it is testing a way for users to create up to five profiles linked to one account and that switching between profiles will require only two taps  —  The social network says users will be able to add up to five profiles to their Facebook account.  —  Queenie Wong
Tom Warren / The Verge:
Twitter went down for around 40 minutes on Thursday morning, the first major Twitter outage since a series of problems for the social network in February  —  Twitter went down for 40 minutes  —  Twitter went down for around 40 minutes this morning, in a major outage for the social network.
CNBC:
Financial Times:
Annabelle Dickson / Politico:
Source: UK's Online Safety Bill is expected to be dropped from parliamentary schedule next week, delaying it until the fall, after Boris Johnson's resignation  —  LONDON — Progress on Britain's proposed new content regulation law is expected to be delayed until the fall …
Reuters:
TSMC beats Q2 estimates with a net profit of $7.94B, up 76.4% YoY, and total revenue of $18.16B, up 36.6% YoY  —  Taiwan's TSMC (2330.TW) posted a 76.4% surge in second-quarter profit on Thursday, the biggest jump in earnings in eight quarters that handily beat market estimates …
Manish Singh / TechCrunch:
India-based OneCard, which offers mobile-first credit cards, raised a $100M+ Series D led by Temasek, source says at a $1.4B+ valuation, up from $750M in Jan.  —  FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest …
Katie Paul / Reuters:
Meta releases its first human rights report, including due diligence in 2020 and 2021 and a summary of a controversial human rights impact assessment of India  —  Facebook-owner Meta (META.O) released its first annual human rights report on Thursday, following years of accusations that it turned …
Lucinda Shen / Axios:
Pulley, which offers cap table management software, raised a $40M Series B led by Founders Fund at a valuation between $150M and $300M  —  Pulley, an equity management software company, raised $40 million in Series B funding in a round led by Founders Fund.
Sam Biddle / The Intercept:
Amazon gave police Ring camera footage 11 times in 2022 without a warrant or permission from Ring owners, saying it sometimes makes a “good-faith determination”  —  Ring, Amazon's perennially controversial and police-friendly surveillance subsidiary, has long defended …
Natasha Lomas / TechCrunch:
European Commission says Amazon offered to limit its use of marketplace seller data and make changes to “Buy Box” rankings in a bid to settle antitrust concerns  —  Amazon has offered to limit its use of marketplace seller data and makes changes to ‘Buy Box’ rankings in a bid …

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