| 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 … | Todd Spangler / Variety: |
Spotify reports Q2 revenue rose 23% YoY to €2.9B as its net loss widened to €125M; MAUs were up 19% YoY to 433M and Premium users reached 188M, up 14% YoY — Spotify turned in strong numbers for the second quarter, beating expectations for total and paid subscriber adds and reporting 23% revenue growth.| 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 … | 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 … | Vikas SN / Moneycontrol: |
| Chris Stokel-Walker / Gizmodo: |
Internal TikTok PR documents suggest responses to difficult questions, including downplaying AI, links to ByteDance, and “the China association” — Leaked documents detail what TikTok tells the media—and what it doesn't. — Leaked documents from within TikTok reveal … | Emily Baker-White / BuzzFeed News: |
| 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| 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: |
| 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.”| 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.| 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.| 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.| 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.| Stefanie Marotta / Bloomberg: |
Shopify misses as Q2 revenue grew 16% YoY to $1.3B and GMV reached $46.9B, up 11% YoY; SHOP rises 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 … | 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 … | Microsoft - Investor Relations: |
| Jordan Novet / CNBC: |
| Daniel Rubino / Windows Central: |
| Alphabet - Investor Relations: |
| Reuters: |
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| Bill Toulas / BleepingComputer: |
| New York Times: |