Techmeme
July 22, 2022, 12:40 AM

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 …
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.
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.
Alexandra Alper / Reuters:
Emily Birnbaum / Bloomberg:
Apple is on track for its biggest year of US lobbying, spending $4.6M in H1 2022, as Tim Cook becomes one of the country's most politically active tech CEOs  —  Apple Inc. Chief Executive Officer Tim Cook wasn't fully sold on having a team of Washington lobbyists a decade ago.
Ben Horowitz / Andreessen Horowitz:
Alex Konrad / Forbes:
ClassDojo, a school communications app, raised a $125M Series D at a $1.25B valuation in September 2021 and plans to launch a kids virtual space in August 2022  —  The 11-year-old ed tech unicorn led by Under 30 alumni Sam Chaudhary and Liam Don was quietly valued at $1.25 billion by Tencent last fall as part of its virtual push.

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More News

Allison Johnson / The Verge:
Josh Dzieza / The Verge:

Earlier Picks

Dylan Smith / Digital Music News:
Bloomberg:
Reuters: