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.
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: 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.
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  — 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
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 …
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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Rebecca Klar / The Hill: