| Ingrid Lunden / TechCrunch: |
Amazon will acquire primary health care provider One Medical for about $3.9B in an all-cash deal — Amazon's interest in healthcare and being a major player in that industry is taking one big step forward today. The company has just announced that it intends to buy One Medical … | Jon Porter / The Verge: |
Facebook splits the Feed on iOS and Android into TikTok-style Home, with recommended content, and Feeds, a chronological feed of pages and people users follow — While new Feeds tab will show chronological content from pages you actually follow — Facebook's almighty News Feed is getting split in two... kind of.| Ian Allison / CoinDesk: |
Blockchain.com says it will cut 25% of its workforce, equal to about 150 people, close its Argentina-based offices, and halt expansion in several countries — The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.| Stacy Elliott / Decrypt: |
Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter — “Bitcoin impairment” prompted the sale, the company said. — Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.| Cristina Criddle / Financial Times: |
Meta, Apple, Microsoft, Google, Twitter, and others register for a license in Indonesia under which they might have to censor content and hand over users' data — Meta, TikTok and Twitter among groups to register for licences under which authorities can censor platforms| Bloomberg: |
Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors — Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis … | Dan Milmo / The Guardian: |
Ofcom: TikTok is the fastest growing news source among UK adults, being used by 7%, up from 1% in 2020; 32% use Facebook, 17% use Twitter, and 16% use Instagram — App is used by 7% of adults for news with nearly half turning to TikTokers rather than conventional outlets for updates| Ingrid Lunden / TechCrunch: |
TextExpander, which lets users create customized shortcuts to trigger text-based actions, has raised $41.4M, its first-ever funding since launching in 2007 — RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate … | Dylan Smith / Digital Music News: |
Warner Music Group becomes the first major label to adopt SoundCloud's user-centric payouts instead of the pro rata model used by Spotify — About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group.| Austin American-Statesman: |
Filings: Samsung is considering building 11 new chipmaking facilities in the Austin area over the next two decades; the filings don't commit Samsung to invest — Bob Sechler Kara CarlsonAustin American-Statesman — In what could be the biggest economic investment in Central Texas history … | Bloomberg: |
Amazon spent a record $4.98M on lobbying in Q2 2022, up 2.5% YoY, Google spent $2.77M, up 32% YoY, Microsoft $2.41M, down 2.4% YoY and Apple $1.9M — Amazon.com Inc. spent a record $4.98 million on lobbying during the second quarter of this year as momentum intensified in Congress … | Reuters: |
Meta's research, published internally in February, reveals Facebook's challenges in India, including that women are shunning it due to safety concerns and more — Meta's internal research reveals challenges in India Many women steered clear of male-dominated Facebook Their concerns included safety … | Andrew Myrick / Android Central: |
Qualcomm unveils the Snapdragon W5 Gen 1 and W5+ Gen 1 chips for wearables, based on 4nm process and debuting in watches from Oppo and Mobvoi — The upgrade we've been waiting for is here. — What you need to know — Qualcomm has announced the Snapdragon W5 platform for wearables.| Dylan Patel / SemiAnalysis: |
A chip teardown shows that China's SMIC is quietly shipping 7nm chips; SMIC is rapidly approaching as the world's third largest foundry, behind TSMC and Samsung — The Most Advanced Foundry In The World After TSMC And Samsung — SMIC, China's largest foundry has slowly been catching up to TSMC … | Minecraft: |
Mojang Studios will not support or allow NFTs, as they “create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft” — Hello everyone! Recently, we've received some feedback from members of the community asking for clarification … | Dina Bass / Bloomberg: |
| Wall Street Journal: |
Lyft closes its car rental service, which was running in five locations, but will still offer third-party rentals in 30+ locations, as it lays off 60 employees — The company is latest to cut back on staff, adjust businesses amid growing economic concerns — Uber, Lyft and the Crucial Challenge for Profitability in 2022| Ingrid Lunden / TechCrunch: |
15Five, which builds HR software used at Spotify, Credit Karma, and other companies, has raised a $52M Series C led by Quad Partners — 15Five — an early mover in the world of building technology to help motivate teams, and to improve performance management for execs overseeing those teams … | Ben Schoon / 9to5Google: |
Samsung says it sold nearly 10M Fold3 and Flip3 devices combined over the past year, up 300%+ from 2020; ~70% of foldable customers bought the Flip3 — Yesterday Samsung officially confirmed an August 10 event to launch its next batch of foldable smartphones.| Paul Sawers / TechCrunch: |
Dublin-based Fonoa, which makes an automated tax compliance service used by companies like Uber and Zoom, has raised a $60M Series B led by Coatue — Fonoa, a tax automation platform used by companies such as Uber and Zoom, has raised $60 million in a series B round of funding.| Benjamin Robertson / Bloomberg: |
Stockholm-based Normative, whose software helps companies accurately measure their carbon footprints, has raised a $31M Series B led by Blume Equity — Carbon accounting startup Normative raised 31 million euros ($31.5 million) from investors including Hong Kong tycoon Li Ka-shing … | Coco Liu / Bloomberg: |
China fined Didi Global $1.2B after a year-long probe, the regulator said for illegal operations that threatened national security — China fined Didi Global Inc. more than 8 billion yuan ($1.2 billion), wrapping up a year-long probe into the ride-hailing giant that's come … | Josh Dzieza / The Verge: |
| Jennifer Pattison Tuohy / The Verge: |
An interview with Alexa smart home director Marja Koopmans on how embracing the Matter standard can help Amazon realize its vision of ambient intelligence — The director of Alexa smart home explains how Matter can help realize Amazon's vision of ambient intelligence
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