Techmeme
July 20, 2022, 12:10 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:
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 …
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
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 …
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
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 …
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 …
Wall Street Journal:
Memo to staff: Meta is reallocating resources from Facebook's News tab and newsletter platform Bulletin, as the company focuses more on the creator economy  —  Senior executive Campbell Brown told employees that products will be ‘put on the backburner’  —  Meta Platforms Inc.'s Facebook …
Ivan Mehta / TechCrunch:
Google will let non-gaming Android apps provide alternative billing systems for IAP, reducing Google's Play Store cut by 3%, in the European Economic Area  —  Google said today it will allow developers of non-gaming apps on the Play Store to provide alternative billing systems for in-app transactions …
Zack Whittaker / TechCrunch:
BitSight: a popular GPS vehicle tracker made by Shenzhen-based Micodus can be easily exploited to track and remotely cut the engines of at least 1M vehicles  —  Security vulnerabilities in a popular Chinese-built GPS vehicle tracker can be easily exploited to track and remotely cut the engines …
Aisha Malik / TechCrunch:
Instagram adds a searchable map for exploring nearby popular tagged locations, which can be filtered by restaurants, cafes, beauty salons, and other categories  —  Meta CEO Mark Zuckerberg announced today that the company is introducing a new searchable and dynamic map experience on Instagram.
Todd Spangler / Variety:
YouTube rolls out new shopping features, including a Shopify partnership to let eligible US creators and merchants link their Shopify store and YouTube channel  —  YouTube already soaks up billions of hours of the world's attention.  Now the video giant also wants to hoover up a bigger piece of consumers' online purchases.

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More News

Andrew Hayward / Decrypt:
Christopher Zara / Fast Company:

Earlier Picks

Jon Porter / The Verge:
Wall Street Journal:
Taylor Hatmaker / TechCrunch:
Malathi Nayak / Bloomberg: