| Microsoft - Investor Relations: |
| Jordan Novet / CNBC: |
Microsoft misses Q4 estimates with $51.87B in revenue, vs. $52.44B estimated, citing changing exchange rates plus challenges in the advertising and PC markets — - Microsoft's revenue and income fell short, as did the company's revenue from Azure and other cloud services.| Ian Hamilton / UploadVR: |
Meta plans to increase the prices of its Quest 2 headsets to $400 for 128GB and $500 for 256GB on August 1, and bundle Beat Saber for free through December 31 — The price for a new Quest 2 is jumping to $399 as Meta says “the costs to make and ship our products have been on the rise.”| Alphabet - Investor Relations: |
| Reuters: |
Google reported search ad Q2 revenue up nearly 14% YoY to $40.69B, vs. $40.15B est., suggesting it may withstand a global recession better than smaller rivals — Google search ads lifted parent Alphabet Inc (GOOGL.O) close to Wall Street sales expectations on Tuesday, sending shares … | Ashley Capoot / CNBC: |
Responding to criticism, Adam Mosseri says Instagram's full-screen feed is “a test” that is “not yet good” and that the app has to lean into the shift to video — - Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.| Travis Clark / Insider: |
| New York Times: |
Sources: the US Treasury Department has been investigating US-based crypto exchange Kraken since 2019 for potentially violating US sanctions on Iran and more — The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.| Dan Goodin / Ars Technica: |
Kaspersky researchers have unpacked a malicious UEFI-based rootkit used in the wild since 2016 which can survive an OS reinstall and a hard drive replacement — Turns out they're not all that rare. We just don't know how to find them. — Researchers have unpacked a major cybersecurity find … | Emily Baker-White / BuzzFeed News: |
Four former ByteDance employees say the company promoted pro-China content to Americans in its now-defunct news app TopBuzz; ByteDance denies the claims — Former employees claim the company placed pieces of pro-China content in its now-defunct US news app, TopBuzz, and censored negative stories about the Chinese government.| The Verge: |
As Mark Zuckerberg says “there are probably a bunch of people at the company who shouldn't be here” during a weekly Meta Q&A, a survey suggests staff anxiety — As Meta's growth slows, Mark Zuckerberg is pushing even harder. Will his employees melt under the pressure?| Bill Toulas / BleepingComputer: |
Unit 42: hackers typically scan for vulnerabilities within 15 minutes of a new CVE disclosure with the first active exploitation attempts observed within hours — System administrators have even less time to patch disclosed security vulnerabilities than previously thought … | Zack Whittaker / TechCrunch: |
A researcher finds messaging and calling app JusTalk left exposed a database with millions of users' conversations and call logs in plaintext since January 2022 — Millions of conversations and call logs were stored in plaintext — Popular messaging app JusTalk left a huge database … | Jesse Hamilton / CoinDesk: |
Senators Toomey and Sinema introduce a bill to exempt crypto users from being taxed on transactions of under $50, similar to a bipartisan bill in the House — The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.| Vipal Monga / Wall Street Journal: |
Memo: Shopify plans to cut ~1,000 workers, or 10% of its global workforce, citing consumers pulling back on online shopping; SHOP drops 15%+ — CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth lasting — Shopify Inc. SHOP -16.29%▼ …
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Introducing Zoho Spend: A unified platform for the next gen finance teams. — Effective business spend management is a direct lever for profitability. When organizations gain visibility into where money flows …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Max Chafkin / Bloomberg: |
| Liron Shapira / @liron: |
| Bloomberg: |