Techmeme
July 14, 2022, 4:30 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 the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain  —  - NFT marketplace major OpenSea announced layoffs on Thursday.  — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.
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 …
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 …
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 faced then  —  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:
Meta says Facebook 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
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 …
CNBC:
Financial Times:
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 …
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 …
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 …
Krisztian Sandor / CoinDesk:
Circle releases a detailed, but unaudited, breakdown of its reserve assets for USDC, showing $42.1B in short-term US government bonds and $13.6B in cash  —  The asset breakdown comes at a time when crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis.

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This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, July 14, 2022.

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More News

Natasha Lomas / TechCrunch:
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Earlier Picks

Sam Biddle / The Intercept:
Lora Kolodny / CNBC:
The Verge: