Techmeme
August 1, 2022, 8:15 AM

Top News

Gizmodo:
Joanna Glasner / Crunchbase News:
A look at the rise and fall of Bird, now a penny stock with a public market cap under $160M, as valuations in the scooter and bike rental sector collapse  —  Almost exactly five years ago, the scooters came.  That's when Bird, the first unicorn in this once sizzling startup sector, launched its inaugural scooter-sharing service.
Heather Somerville / Wall Street Journal:
As the market downturn sees some US tech investors and startups hunkering down, others continue as normal; Q2 average investment deal sizes are at record levels  —  Market correction leaves some startups in crisis as others take employees on vacation  —  Why a 2022 Recession Would Be Unlike Any Other
Emma Roth / The Verge:
In iOS 16 beta 4, Apple finally adds support for Apple Pay in non-Safari browsers like Chrome and Edge, possibly in response to the EU's Digital Markets Act  —  Not just Safari  —  Apple Pay could finally be compatible with Microsoft Edge, Google Chrome, and Mozilla Firefox in iOS 16.
Neha Wadekar / Washington Post:
Researchers say Meta is failing to moderate dangerous content on Facebook in Kenya, citing failures in AI as well as linguistic and cultural expertise gaps  —  NAIROBI — The shooter approaches from behind, raising a pistol to his victim's head.  He pulls the trigger and “pop,” a lifeless body slumps forward.
Dell Cameron / Gizmodo:
Natasha Singer / New York Times:
A cyberattack on Illuminate Education, exposing the personal data of 1M+ students, highlights the dangers of stockpiling school children's sensitive information  —  At a moment when education technology firms are stockpiling sensitive information on millions of school children, safeguards for student data have broken down.
Rest of World:
Inside China's $16B virtual influencer industry, as motion capture actors complain of hard working conditions powering their avatars four to five hours per day  —  Hidden behind the perfect faces of China's $16 billion virtual celebrity industry is an angry, overworked labor force.
Cal Newport / New Yorker:
Chasing TikTok's success and leaving behind the protection of hard-to-replicate, large social graphs could end the lengthy dominance of platforms like Facebook  —  Facebook is trying to copy TikTok, but this strategy may well signal the end of these legacy platforms.
Water & Music:
An analysis of music NFT secondary sales and trading activity from late 2021 to mid-2022, to provide a more in-depth and nuanced understanding of NFT markets  —  tl;dr: This article presents an analysis of secondary sales and trading activity across several notable, multi-edition music NFT drops from late 2021 to mid-2022.

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Pinduoduo:
Pinduoduo Champions “Tech for Agri” to Drive Agricultural Modernization  —  Find out how we use technology to spearhead agricultural modernization by driving efficiency gains and boosting farmer incomes.
Climate Draft:
Join the Climate Draft!  —  Our network is now open for all climate-concerned individuals, and software engineers can apply for our next invite-only draft.
Zoho:
Chapter 14 of Zoho Books: Joining Kenya's Growth Story  —  September 2022 Zoho Books Kenya, the 14th Edition, is now (A)LIVE, and we owe it to all the hands that played a part, big and small.  Our biggest motivators?
MicroAcquire:
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Techmeme Ride Home:
Tue. 09/27 - The First Meaningful AR Product To Hit These Shores?
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More News

Nikkei Asia:

Earlier Picks

Gayatri Suroyo / Reuters:
Mitchell Clark / The Verge:
New York Times: