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July 27, 2022, 10:50 AM
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memeorandum
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| Ingrid Lunden / TechCrunch: |
Spotify says it has “decided to stop further production of Car Thing units” and will take a €31M charge, citing demand and supply chain issues — Spotify's push to complement its music streaming with a big move into podcasting and related content appears to be paying off …
More:
Gizmodo, CNET, 9to5Google, XDA Developers, The Verge, Engadget, 9to5Mac, Silicon Republic, Digital Trends, and BGR India
Tweets: @ashleyrcarman, @ashleyrcarman, and @heilemann
| Todd Spangler / Variety: |
Source:
Spotify Investor Relations. More:
PCMag, Thurrott, Wall Street Journal, The Verge, CNET, TechCrunch, Engadget, Deadline, and Financial Times
Tweets: @richlightshed, @eldsjal, @livesquawk, and @tvgrimreaper
| Jason Schreier / Bloomberg: |
Interviews with 20+ people describe GTA developer Rockstar's attempts to change its male-heavy workplace culture, starting in 2018, after complaints and burnout — In the summer of 2020, after a police officer killed George Floyd, Rockstar Games quietly shelved a mode of play it had planned …
More:
Bloomberg, The Verge, IGN, Dexerto, Kotaku, Kotaku Australia, SegmentNext, Eurogamer.net, GameSpot, Digital Trends, TrueAchievements, Pure Xbox, and Press Start
| 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.
More:
Washington Post, Engadget, Fortune, and MSPoweruser
Tweets: @ebakerwhite, @ebakerwhite, @bryanrwalsh, @alexisohanian, and @mattmittenthal
| Chris Stokel-Walker / Gizmodo: |
More:
Newslit Daily and Cybernews.com
Tweets: @stokel, @annalecta, @stokel, @alexhern, @brendancarrfcc, @stokel, and @iblametom. Thanks:@stokel
| Microsoft - Investor Relations: |
Microsoft reports Q4 revenue up 12% YoY to $51.87B, net income up 2% YoY to $16.7B, Azure up 40% YoY, and LinkedIn up 26% YoY — REDMOND, Wash. — July 26, 2022 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2022, as compared to the corresponding period of last fiscal year:
More:
The Verge, TechRadar, SegmentNext, Seeking Alpha, Windows Report, Finbold, The Shortcut, Search Engine Land, Neowin, TechCircle, Fossbytes, TrueAchievements, SiliconANGLE, and Protocol
Tweets: @tomwarren, @samro, @bdsams, @nextgenplayer, @samro, @carnage4life, @munster_gene, @patrickmoorhead, and @draecomino
| Jordan Novet / CNBC: |
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TechCrunch, Protocol, Transistori, Coinspeaker, Silicon Republic, Financial Times, and Reuters
Tweets: @toddbishop and @cnbcnow
| Daniel Rubino / Windows Central: |
More:
HotHardware, Computerworld, diginomica, iTnews, and The Register
Tweets: @daniel_rubino and @daniel_rubino
| Emily Birnbaum / Bloomberg: |
Sources: Senate Majority Leader Chuck Schumer told donors at a fundraiser that the AICO Act to pare back the power of Big Tech companies doesn't have the votes — Senate Majority Leader Chuck Schumer told a group of donors that he doesn't believe that there are enough votes in the Senate …
More:
AppleInsider, 9to5Mac, HuffPost, and New York Post
| Leah Nylen / Bloomberg: |
More:
9to5Mac. Tweets: @aghose, @neil_chilson, @leah_nylen, @digitaldemoc, @neil_chilson, @vfranz73, @birnbaum_e, @benvol, @neil_chilson, @neil_chilson, and @daveyalba
| Ivan Mehta / TechCrunch: |
Google announces Maps updates: photorealistic aerial views of nearly 100 landmarks, more detailed cycling routes, and improved location sharing — Google — facing increasing competition from other apps like Instagram and TikTok when it comes to consumers searching for things …
More:
The Keyword, PCMag, Silicon Republic, Engadget, The Verge, Android Police, Gizchina, MacRumors, TechRadar, 9to5Google, and 9to5Google
| Vikas SN / Moneycontrol: |
| Alex Heath / The Verge: |
Mark Zuckerberg tells employees Meta and Apple are in a “very deep, philosophical competition” to build AR and VR devices and determine the internet's direction — “This is a competition of philosophies and ideas,” Meta's CEO recently told employees
More:
Insider, Reuters, Washington Post, 9to5Mac, and MacRumors
| Tom Warren / The Verge: |
Sony teases more PlayStation VR2 details, including a see-through view, a broadcast mode for filming gameplay, and a cinematic mode for non-VR games and media — There are also see-through and cinematic modes — Sony is teasing some more details about its upcoming PlayStation VR2 headset today.
More:
PlayStation.Blog, Club386, KnowTechie, SamMobile, TechRadar, Video Games Chronicle, Engadget, XDA Developers, PCMag, Gizmodo, IGN, UploadVR, Polygon, Input, and Ars Technica
Tweets: @playstation, @andrearene, @personaspeaks, @nickstatt, @nibellion, and @hrafntho
| MK Manoylov / The Block: |
Unstoppable Domains, which offers NFT domains as a personal identifier across Web3 apps, raised a $65M Series A led by Pantera Capital at a $1B+ valuation — - Unstoppable Domains announced Wednesday that it raised $65 million in a Series A funding, reaching a $1 billion valuation.
More:
Unstoppable Domains, Decrypt, CoinDesk, Blockworks, TechCrunch, Coinspeaker, CoinJournal, Fortune, and Forbes
| Duncan Riley / SiliconANGLE: |
An IBM study of 550 global organizations finds the average cost of a data breach is $4.35M, up ~13% over the last two years, and 83% had more than one breach — A new report from IBM Security today reveals that data breaches are costlier and more impactful than ever before.
Source:
IBM and IBM. More:
Metacurity, VentureBeat, Silicon Republic, CNET, Livemint, The Economic Times, Security Boulevard, ZDNet, Tech Monitor, and TechRepublic
| Dan Goodin / Ars Technica: |
Kaspersky researchers find a malicious UEFI-based rootkit used in the wild since 2016 that keeps PCs infected after an OS reinstall or 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 …
Source:
Securelist. More:
CSO and PC Gamer
Tweets: @evacide, @k8em0, @justicerage, and @sunnynehrabro
| Alphabet - Investor Relations: |
Alphabet reports Q2 revenue up 13% YoY to $69.69B, net income of $16B, down from $18.53B YoY, and Google Cloud revenue of $6.28B, up from $4.63B YoY — MOUNTAIN VIEW, Calif. - July 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2022.
More:
PYMNTS.com, CNBC, Coinspeaker, The Economic Times, and The Information
Tweets: @patrickmcgee_, @lexnfx, @tuviae, @patrickmoorhead, @epro, @munster_gene, @rustybrick, and @lexnfx
| Reuters: |
More:
Search Engine Land, The Economic Times, InfoWorld, Search Engine Roundtable, PYMNTS.com, New York Times, The Register, TechRadar, and AdExchanger. Tweets: @gartenberg
| Taylor Lorenz / Taylor Lorenz's Newsletter: |
Nostalgia for the “old”, chronological Instagram makes sense but belies changing norms around online sharing, communication, privacy, and engaging content — It isn't just the platform that has changed, we have too. — Over the past few days there's been a movement to “Make Instagram Instagram again.”
More:
On my Om and Washington Post
Tweets: @mosseri, @jacklynwille, @dlberes, @stefficao_, @marc_normandin, @m_scribe, @taylorlorenz, @jeffhorwitz, @boopfashionista, @kirstensaidwhat, @taylorlorenz, @taylorlorenz, @taylorlorenz, @taylorlorenz, @taylorlorenz, @nikitabier, @mattufford, @nadeshot, @karenattiah, @davidchoimusic, @boxofhamsters, @paultassi, @chrismessina, and @offbeatorbit
| Bill Toulas / BleepingComputer: |
Unit 42: hackers typically scan for vulnerabilities within 15 minutes of a new CVE disclosure; the first active exploitation attempts are observed within hours — System administrators have even less time to patch disclosed security vulnerabilities than previously thought …
Source:
Unit 42. More:
ZDNet, TechRadar, Digital Trends, and The Hacker News
Tweets: @kaynemcgladrey, @jorune00, @naderzaveri, @nuitking, and @wendiwhitmore
| Ry Crist / CNET: |
Like Amazon's Ring, Google's Nest will comply with emergency US law enforcement requests for footage without a warrant or explicit user consent — The law lets Ring and Google share user footage with police during emergencies without consent and without warrants. Here's everything you should know.| Stefanie Marotta / Bloomberg: |
Shopify misses as Q2 revenue grew 16% YoY to $1.3B and GMV reached $46.9B, up 11% YoY; SHOP drops 6%+, after crashing 14% on Tuesday due to layoffs — Shopify Inc. rallied, reversing losses in premarket trading, as Chief Executive Officer Tobi Lutke urged investors to overlook the slowdown …
Source:
Shopify. More:
Wall Street Journal, BetaKit, The Economic Times, and Australian Financial Review
Tweets: @carnage4life, @carnage4life, @markrmcqueen, and @mattahertz
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