Techmeme
July 21, 2022, 1:50 PM

Top News

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.
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.
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 …
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 …
Dan Milmo / The Guardian:
Ofcom: TikTok is the fastest growing news source for UK adults, used by 7%, up from 1% in 2020; 32% use Facebook, 24% the BBC, 17% Twitter, and 16% Instagram  —  App is used by 7% of adults for news with nearly half turning to TikTokers rather than conventional outlets for updates
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 …
Allison Johnson / The Verge:
Google Pixel 6a review: good camera and flagship-class performance with Tensor chip, but slow fingerprint sensor and the 6.1" screen has only 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 was a no-brainer …
Austin American-Statesman:
Filings: Samsung seeks tax breaks to build 11 chipmaking facilities in the Austin area for $192.1B over two decades; Samsung has made no investment guarantees  —  Bob Sechler Kara CarlsonAustin American-Statesman  —  In what could be the biggest economic investment in Central Texas history …
Reuters:
Meta's research published internally in February 2022 reveals Facebook's challenges in India, including that women are shunning it over safety concerns and more  —  Meta's internal research reveals challenges in India Many women steered clear of male-dominated Facebook Their concerns included safety …
Josh Dzieza / The Verge:
A look at GPT-3-powered fiction writing tools like Sudowrite, which proposes plot twists, rewrites in specific tones, suggests metaphors, and more  —  On a Tuesday in mid-March, Jennifer Lepp was precisely 80.41 percent finished writing Bring Your Beach Owl, the latest installment in her series …
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.
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 becoming 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 …

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