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July 14, 2022, 3:50 PM
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WeSmirchTop 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 …
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Engadget, TechCrunch, Six Colors, MacRumors, Wall Street Journal, Gizmodo, AppleInsider, CNBC, MacRumors, PCMag, 9to5Mac, Macworld, iThinkDifferent, Digital Trends, The Mac Observer, Input, iMore, Tom's Hardware, CNET, MobileSyrup, Laptop Mag, Daily Express, Wccftech, iClarified, 9to5Mac, Cult of Mac, MacDailyNews, and YouTube
Tweets: @dcseifert, @patrickmoorhead, @stshank, @icedoutfiji, @davezatz, @lanceulanoff, @parkerortolani, @danackerman, @hypebeast, @mmackh, @devindra, @reckless, @gtinari, @jsnell, @tomshardware, @tomwarren, and @pierce
| 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.
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CoinDesk and TechCrunch
Tweets: @dfinzer, @josephfcox, @ulonnaya, @autismcapital, @kevincollier, and @howelloneill
| 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 …
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Crunchbase News, TechCrunch, PYMNTS.com, and The Economic Times
Tweets: @mayazi, @synopsi, @cliffordasness, @berber_jin1, @refsrc, @anthony, and @amazonholder1
| 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 …
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Cloud Blog, Ars Technica, Thurrott, AppleInsider, CNET, Android Police, 9to5Google, Android Authority, VentureBeat, XDA Developers, SiliconANGLE, Engadget, and About Chromebooks
Tweets: @alexjamesfitz, @tomwarren, @googleforedu, @caseynewton, and @jperlow
| Lucy Harley-McKeown / The Block: |
Los Angeles-based Merkle Manufactory, which is developing a “sufficiently decentralized” social network protocol called Farcaster, has raised $30M led by a16z — - Merkle Manufactory has raised $30 million in a round led by Andreessen Horowitz (a16z).
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Dan Romero, crypto.news, and The Daily Hodl
Tweets: @dwr, @alexyoungkwon, @simonbuilds, @ethjcdenton, @cdixon, @sriramk, @davemorin, @neuroswish, @mkocha_, @rishavmukherji, @benscharfstein, @top7ico, @omarzipan, @nbashaw, @milesjennings, @brennerspear, @pavtalk, @brit, and @0xmasonh
| 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.”
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U.S. Department of Justice, inforisktoday.com, Metacurity, Security Affairs, VICE, Associated Press, The Register, Engadget, Gizmodo, Cybernews.com, and Newslit Daily
Tweets: @frankfigliuzzi1, @badtakeblake, @chuckcallesto, @xeni, and @carriecordero
| 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
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Bloomberg and The Verge
Tweets: @kurtwagner8, @yoda, @tuviae, @news_by_nick, @newsynick, @aerocles, @kenwheaton, @noahmallin, @wonky_donky, @scottnover, @andst7, @bullyesq, @zerohedge, @deitaone, @bradmichelson, and @thekenyeung
| 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.
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Adweek, BleepingComputer, New York Times, downdetector.in, Associated Press, iMore, Reuters, CNBC, The Guardian, Financial Times, XDA Developers, New York Post, Android Police, TechCircle, USA Today, 9to5Mac, MobileSyrup, BGR, Newser, and WRAL TechWire
Tweets: @alexhern, @jonnelledge, and @mattnavarra
| Leah Nylen / Bloomberg: |
Sources: the DOJ is likely to reject concessions offered by Google and file an antitrust lawsuit in the coming weeks over its dominance of the online ad market — The US Justice Department is likely to reject concessions offered by Alphabet Inc., clearing the way for an antitrust lawsuit … | CNBC: |
Celsius files for Chapter 11 bankruptcy protection in New York, declaring assets and liabilities between $1B and $10B, plus $167M in cash on hand for operations — - Crypto company Celsius has started the process of filing for Chapter 11 bankruptcy protection.
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Business Wire, Wall Street Journal, Bloomberg, Ars Technica, Crunchbase News, Input, blog.celsius.network, Bloomberg, Coppola Comment, Finbold, Bankless, The Daily Hodl, Ethereum World News, TheStreet, ZyCrypto, The Context, Bitcoinist.com, Decrypt, Crypto Briefing, watcher.guru, TechSpot, Wccftech, CryptoPotato, The Defiant, Insider, Crypto Daily, coinquora.com, crypto.news, Forkast, Crypto Adventure, Daily Degen, and Engadget
| Cho Mu-Hyun / ZDNet: |
Samsung says it has developed a new GDDR6 DRAM with a 24Gbps data transfer rate, 30% faster than its 18Gbps predecessor, built on its 10nm process using EUV — The new DRAM will allow premium graphics cards to support a data processing rate of up to 1.1TB, Samsung says.
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Samsung Newsroom, PCMag, Wccftech, The Register, TechRadar, and Neowin. Tweets: @samsungsemius
| Nikkei Asia: |
Sources: Intel told customers it will raise prices on most of its CPUs and other products in autumn due to rising costs; source: prices could raise up to 20% — Customers told move is a response to cost pressures — Intel flagged future “targeted” price rises when it presented its last quarterly earnings in April.| 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 …
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BBC, Android Police, PoliticsHome, The Verge, Sky News, The Guardian, 9to5Mac, and Neowin
Tweets: @kemibadenoch, @hoffman_noa, @eleanormia, @nadinedorries, @charlesarthur, @ruskin147, @staplenick, @jamesmelville, @frasernelson, @silkiecarlo, @darrenpjones, @carolvorders, @martinslewis, @alexhern, @rcolvile, @juliahb1, @alanvibe, @yuanyi_z, @neil_neilzone, @eleanormia, @togetherdec, @eleanormia, and @hoffman_noa
| 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 …
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Nikkei Asia, 9to5Mac, Quartz, Bloomberg, iThinkDifferent, Nikkei Asia, CNBC, KrASIA, TechSpot, South China Morning Post, and Financial Times
Tweets: @paulpage, @nikkeiasia, @danielnewmanuv, @martijnrasser, @iron_man_actual, @jcoviedo6, and @tailosivetech
| 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 … | Martin Matishak / The Record: |
The inaugural report by the DHS Cyber Safety Review Board finds that Log4j has become an “endemic vulnerability” that will persist at least for the next decade — The flaw uncovered late last year in the widely-used Log4j Java library will remain a danger for many years to come … | 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 …
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Engadget, TIME, Meta, rfob.medium.com, and Wall Street Journal
Tweets: @rmac18, @nickclegg, @vishwanathsarng, @reckless, @aliyabhatia, @newley, @zafaraafaq, @nickclegg, @voiceofsum, and @iainlevine
| Chris Welch / The Verge: |
Instagram adds more features to its creator subscription test, including the ability to publish feed posts that are only visible to subscribers — Pay up — or you won't see these exclusive photos or Reels — After getting off to a small start with paid subscriptions for creators earlier this year … | Joanna Ossinger / Bloomberg: |
JPMorgan: bitcoin's production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs — Bitcoin's cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen …
More:
CoinDesk, The Block, and CryptoSlate
| 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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Gizmodo, SiliconANGLE, CNN, Associated Press, Euractiv, Wall Street Journal, New York Times, Reuters, The Register, Engadget, Bloomberg, TechCircle, The Verge, and Politico. Tweets: @jason_kint
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