Techmeme
July 21, 2022, 8:25 PM

Top News

Jon Porter / The Verge:
Facebook splits the Feed on iOS and Android into Home, a TikTok-style tab with recommended content, and Feeds, a chronological tab of followed pages and people  —  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.
Richard Lawler / The Verge:
Instagram says all new video posts under 15 minutes will now be shared as Reels and videos under 90 seconds from public accounts will be recommended to others  —  And it's combining the Reels / Video section of your profile under one tab  —  Welcome to the new era of Instagram …
Ingrid Lunden / TechCrunch:
Amazon plans to acquire primary health care provider One Medical, which offers in-person, digital, and virtual services, 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.
Jonathan Vanian / CNBC:
Snap Q2: revenue up 13% YoY to $1.11B, vs. $1.14B est., DAUs up 18% to 347M, vs. 344.2M est., net loss of $422M, up from $152M YoY; stock falls 25%+ after hours  —  - Snap missed on the top and bottom lines in its second-quarter earnings report.  — The company authorized a stock repurchasing program of up to $500 million.
Bloomberg:
The US DOJ arrests a former Coinbase product manager for allegedly leaking insider info about tokens before they were listed; Coinbase won't face charges  —  US authorities arrested a former Coinbase Global Inc. product manager for allegedly leaking insider information to help his brother …
Tim Copeland / The Block:
The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens  —  - The SEC has arrested and charged a former Coinbase employee with wire fraud.  — In the SEC complaint, it mentions nine tokens and says they are all securities.
Alexandra Alper / Reuters:
Sources: the US is probing Huawei over concerns that cell tower gear could capture sensitive military base and missile silo info, which it could send to China  —  The Biden administration is investigating Chinese telecoms equipment maker Huawei over concerns that U.S. cell towers fitted …
Allison Johnson / The Verge:
Google Pixel 6a review: a good camera and flagship-class Tensor chip performance, but a slow fingerprint sensor and the 6.1" screen only has a 60Hz refresh rate  —  The 6A's Tensor chipset makes all the difference in this midrange phone  —  For a few years running, the Pixel A-series phone …
Ben Horowitz / Andreessen Horowitz:
Ian Allison / CoinDesk:
Blockchain.com plans to cut 25% of its workforce, or ~150 people, close its Argentina offices, and cancel team expansion in several countries, citing the market  —  The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.
Bloomberg:
Amazon spent a record $4.98M on lobbying in Q2 2022, up 2.5% YoY, Google spent $2.77M, up 32% YoY, Microsoft spent $2.41M, down 2.4% YoY, and Apple spent $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 …

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