| Casey Newton / Platformer: |
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why| Matthew Sparkes / New Scientist: |
DeepMind says AlphaFold has predicted, in 18 months, the structure of almost every protein cataloged by science, 200M+ in total, a biology problem for decades — Artificial intelligence firm DeepMind has transformed biology by predicting the structure of nearly all proteins known to science … | Tom Warren / The Verge: |
Sony begins testing support for a 1440p video output option on the PlayStation 5, a widely requested feature, alongside curated gamelists and new social tools — Beta testers get access today — Sony is starting to test 1440p resolution support for its PlayStation 5 console, a highly-requested addition.| Business Wire: |
Apple reports record Q3 revenue up 2% YoY to $83B, vs. $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B — iPhone and Services drive June quarter record revenue — Active installed base of devices reaches all-time high for all major product categories| Richard Lawler / The Verge: |
Google rolls out a new Gmail UI, moving the Mail, Meet, Spaces, and Chat buttons onto a rail in the top left, and teases a tablet update for later in 2022 — It's not that different — We've been tracking the progress of Google's interface refresh for Gmail since February, and as promised … | Business Wire: |
Amazon reports Q2 revenue up 7% YoY to $121.2B, $2B net loss vs. $7.8B net income in Q2 2021, and AWS revenue up 33% YoY; the stock jumps 10%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.| Makena Kelly / The Verge: |
The US House passes the Chips and Science Act, which includes $52B+ for US chipmakers and tax credits to encourage investment; Biden now must sign it into law — All that's left is Biden's signature — It might get cheaper and easier to buy popular tech products, like gaming consoles and graphics cards … | Amanda Silberling / TechCrunch: |
Twitter tests a status feature for tweets, letting select users in the US and Australia add a label from a predetermined list “to provide more context” — Facebook is trying to be TikTok, but now, Twitter is bringing us back a little bit of Facebook (or LiveJournal, or Myspace).| Wall Street Journal: |
Sources: Jack Ma plans to relinquish control of Alibaba affiliate Ant Group, potentially pushing back Ant's IPO for a year or more; regulators okayed the change — The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year| Richard Speed / The Register: |
Microsoft details Austria-based malware group Knotweed, which has used Windows and Adobe zero-day exploits to attack European and Central American organizations — Reports seeing ‘offensive actor’ flinging SubZero malware — Microsoft has published an analysis of a Europe-based … | Sara Fischer / Axios: |
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content … | Ivan Mehta / TechCrunch: |
Google announces new Play Store policies for developers that aim to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps — Google announced new Play Store policies for developers on Wednesday that aim to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps.| The Markup: |
A look at 37 companies in the connected vehicle data marketplace, a largely unregulated industry that analysts estimate will be worth $300B to $800B by 2030 — A firehose of sensitive data from your vehicle is flowing to a group of companies you've probably never heard of| Bloomberg: |
As advertisers struggle with Reels, Meta tries to ease them into the format, including, sources say, by encouraging them to test their video ads on TikTok first — Reels — the short videos that Facebook and Instagram are pushing — are getting more popular, parent company Meta Platforms Inc. says.| Amanda Silberling / TechCrunch: |
| Ina Fried / Axios: |
Meta partners with YouGov and Oasis Labs to survey US Instagram users' race and make sure its products and AI operate fairly; Meta will only get aggregate data — Facebook parent Meta plans to partner with an outside group to survey the race of Instagram customers in hopes of better understanding … | Joshua Brustein / Bloomberg: |
Hours before Sky Mavis told users it was hacked, CEO Trung Nguyen moved about $3M worth of Axie Infinity's main token AXS; Sky Mavis says it was to help users — This spring, Sky Mavis, the startup that makes the video game Axie Infinity, announced it had suffered a devastating hack.| Marguerite Reardon / CNET: |
Senate and House Democrats plan to introduce a bill to reinstate Obama-era net neutrality rules and reestablish the FCC's authority over broadband networks — Senate and House Democrats are set to introduce a bill to reinstate Obama-era net neutrality rules and to give the FCC authority over broadband networks.| Chris Welch / The Verge: |
Google Pixel Buds Pro review: good ANC, improved sound, lengthy battery life, and no frequent dropouts, but transparency mode, audio fidelity, and mic need work — Google's premium buds have more features — without deal-breaking flaws — It wasn't a sure thing that the Pixel Buds Pro would turn out to be good.| Kyle Wiggers / TechCrunch: |
Switchboard, a collaboration app mixing videoconferencing and digital whiteboarding, raised a $25M Series A at a $200M post-money valuation led by Icon Ventures — Switchboard, a collaboration app that combines features of videoconferencing and digital whiteboarding, today announced … | Maggie Miller / Politico: |
The US DOJ says it is investigating a data breach of the federal courts system that is separate from the Russia-backed SolarWinds hack revealed in late 2020 — The Justice Department is investigating a data breach of the U.S. federal courts system dating to early 2020, a top official testified on Capitol Hill Thursday.| Taylor Locke / Fortune: |
Variant, an early stage crypto-focused fund, has raised $450M for a third fund focused on the “user-owned web”, after previously raising $22.5M and $110M — Each “crypto winter” is different from the last, but every winter—or what non-crypto people would call a bear market … | Financial Times: |
The Greater London Authority warns housing developers about a potential new project ban until 2035, citing data centers using “large quantities of electricity” — Greater London Authority warns developers that upgrade might take more than a decade| Mark Gurman / Bloomberg: |
Sources: Apple has hired Luigi Taraborrelli, who was most recently Lamborghini's head of chassis and vehicle dynamics, to work on its self-driving electric car — Apple Inc. has enlisted one of Lamborghini's top car-development managers in a sign that it's stepping up work … | Jordan Novet / CNBC: |
Intel Q2: $15.3B revenue, down 22% YoY vs. $17.92B est., Datacenter and AI Group revenue of $4.6B, down 16% YoY, and $0.5B net loss; stock down 10%+ after hours — - Intel slashed its full-year guidance and turned in worse-than expected quarterly results. — The company launched new chips … | Frederic Lardinois / TechCrunch: |
Tel Aviv-based Frontegg, a B2B SaaS user management service, raised a $40M Series B led by Stripes and Insight Partners, bringing its total funding to $70M — Frontegg, the popular user management service for developers who build B2B SaaS apps, today announced that it has raised … | John Loeffler / TechRadar: |
Recent AMD and Nvidia leaks show upcoming GPUs will consume excessive power, a high cost environmentally and economically for diminishing returns in graphics — The planet may burn but at least the end will be ray-traced at 8K — A number of recent news items over the past few weeks … | Todd Spangler / Variety: |
Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M estimated, and reaches 63.1M active accounts, up 1.8M QoQ; stock down ~26% after hours — Roku fell well short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.| Saritha Rai / Bloomberg: |
An interview with Paytm CEO Vijay Shekhar Sharma on the company's $1B annual revenue goal, its post-IPO stock price crash, giving investors more info, and more — Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
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