Techmeme
July 18, 2022, 1:55 PM

Top News

Aisha Malik / TechCrunch:
Instagram launches a new payments feature in the US that lets users buy products and track orders from small businesses via DMs  —  Meta CEO Mark Zuckerberg announced today that the company is launching a new “payments in chat” feature on Instagram.  With this new feature …
Aisha Malik / TechCrunch:
Snapchat launches Snapchat for Web to let users send snaps and make video calls on desktop, says the average caller on the app spends 30+ minutes a day on calls  —  Snap announced today that it's introducing Snapchat for Web to let users send snaps and chat with friends via video calls all from their desktops.
Mark Gurman / Bloomberg:
Sources: Apple plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn; the move won't affect all teams  —  Apple Inc. plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn …
Joseph Menn / Washington Post:
After Apple notified Thai activists and human rights supporters in November they had been hacked, Citizen Lab confirms 30+ have been hacked by NSO's Pegasus  —  Listen  —  Gift Article  —  More than 30 Thai activists and supporters have been hacked with NSO Group's potent Pegasus spyware …
Wall Street Journal:
Adam Neumann's Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash  —  Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked
Karen Hao / Wall Street Journal:
Researchers say Alibaba's cloud platform that hosted Shanghai's now-leaked police database used outdated systems that didn't offer the ability to set a password  —  Cybersecurity companies say Alibaba's cloud platform that hosted Shanghai's police database used outdated systems that didn't offer ability to set a password
Financial Times:
Chinese grocery delivery firm Missfresh, which had raised $1B+ in VC funding from Tiger, Goldman, others, falls in market cap on Nasdaq from $3B in 2021 to $88M  —  Chinese grocery delivery group valued at $3bn a year ago is now worth just $88mn  —  Tiger Global-backed grocery delivery start …

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Earlier Picks

Nathan Grayson / Washington Post: