Techmeme
July 20, 2022, 9:20 AM

Top News

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 …
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 …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Zoho:
A complete guide to customer acquisition strategies  —  Why do you need a customer acquisition strategy?  It might seem like a silly question considering it's critical to have customers to run a business.
Climate Draft:
Climate Career Resources for Laid Off Tech Workers  —  Your skills are in demand!  Check out our jobs board, learn about the climate ecosystem, and join our directory to make yourself discoverable to top venture-backed startups.
Techmeme Ride Home:
Tue. 11/29 - Is Elon Going To War With Apple?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:20 AM ET, July 20, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Andrew Hayward / Decrypt:

Earlier Picks

Christopher Zara / Fast Company:
Aisha Malik / TechCrunch:
Wall Street Journal:
Zack Whittaker / TechCrunch:
Ivan Mehta / TechCrunch:
Todd Spangler / Variety:
Malathi Nayak / Bloomberg: