| Sarah Whitten / CNBC: |
Netflix reports Q2 revenue up 8.6% YoY to $7.97B, vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; stock jumps 7%+ after hours — - Netflix only lost around 970,000 subscribers during the second quarter, a smaller loss than the 2 million it had projected last quarter.| Todd Spangler / Variety: |
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant” — Netflix is angling to win over a new bloc of value-conscious consumers — and help turn around … | Scott Stein / CNET: |
Google plans to test AR prototypes in public, starting with a few dozen employees and trusted testers in August and ramping up to hundreds by the end of 2022 — The camera-enabled assistive glasses won't be able to take photos or video, though. — Scott Stein| Makena Kelly / The Verge: |
US lawmakers release internal Amazon, Meta, and Google documents that they say show evidence of self-preferencing, as they call for tougher tech antitrust laws — The House Judiciary Committee released new documents Tuesday — New internal documents released Tuesday detail how three … | Corin Faife / The Verge: |
Google finds Android spyware, distributed outside the Play Store, that Russians disguised as an app for Ukrainians to launch DDoS attacks against Russian sites — Details were published in a blog post from the Threat Analysis Group, which tracks state-backed cyber activity| Katyanna Quach / The Register: |
Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave — Clouds burst as nation hits 40C — Cloud services and servers hosted by Google and Oracle in the UK have fallen offline due … | Mary Jo Foley / ZDNet: |
Microsoft unveils Viva Engage, a social-community app launching in late August, that brings Stories and other image and video sharing tools to Teams — Microsoft is adding Engage, another new Yammer-based app to its Viva employee-experience platform. Here's what it is for and how Microsoft is positioning it.| CNBC: |
The Delaware Court of Chancery grants Twitter an expedited five-day trial in October in its lawsuit against Elon Musk, who wanted the trial to begin in 2023 — - Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. — Delaware Court … | Jonathan Stempel / Reuters: |
Apple agrees to pay $50M to settle a class-action lawsuit claiming the company knew and concealed that its MacBook butterfly keyboards were prone to failure — Apple Inc (AAPL.O) agreed to pay $50 million to settle a class-action lawsuit by customers who claimed it knew and concealed that the … | Natalie Andrews / Wall Street Journal: |
Senate votes 64-34 to advance a bill to provide ~$52B in US chip production subsidies, paving way for a larger package that would include additional R&D funding — Significant bipartisan support in first procedural vote signals likely passage of larger package to address chip shortages| Rachael Levy / Reuters: |
Sources: Neuralink co-founder Paul Merolla left the company in recent weeks, the latest in a string of departures at the Elon Musk-backed brain implant startup — A founding member of Elon Musk's Neuralink left the company in recent weeks, according to two people familiar with the matter … | Nilay Patel / The Verge: |
An interview with Matthew Ball on his new book about the metaverse, which he sees as the next phase of the internet, Meta's big pivot, AR hardware, and more — Let's talk about the metaverse. — You probably can't stop hearing about it. It's in startup pitches, in earnings reports …
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| Todd Spangler / Variety: |
| Malathi Nayak / Bloomberg: |