Techmeme
July 27, 2022, 8:25 AM

Top News

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:
Jordan Novet / CNBC:
Daniel Rubino / Windows Central:
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.
Todd Spangler / Variety:
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 …
Leah Nylen / Bloomberg:
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: SecurelistMore: CSO, PC Gamer, and TechSpot
New York Times:
Sources: the 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.
Alex Heath / The Verge:
Vikas SN / Moneycontrol:
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.”
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.
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.

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Niantic Spatial:
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Zoho:
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IDrive:
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Featured Podcasts

Hard Fork:
Tim Cook's Legacy + The Future of U.B.I. With Andrew Yang + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Lenny's Podcast:
How Anthropic's product team moves faster than anyone else | Cat Wu (Head of Product, Claude Code)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Access:
Silicon Valley finally has its "Succession"
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

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