Techmeme
August 1, 2022, 9:55 PM

Top News

Emma Roth / The Verge:
iOS 16 beta 4 finally adds support for Apple Pay in non-Safari browsers like Chrome, Firefox, 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.
Heather Somerville / Wall Street Journal:
As some US tech investors and startups hunker down in the market downturn, others continue as normal; PitchBook: Q2's average 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
Rebecca Bellan / TechCrunch:
Bolt Mobility, co-founded by Usain Bolt, seems to have ceased operations and vanished from at least five US cities, leaving unusable e-bikes; Bolt raised $40.2M  —  Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without …
Politico:
On top of chip subsidies, the US must reform its immigration policies for high-skilled workers and invest in STEM education to become a manufacturing hub again  —  JOHNSTOWN, Ohio — Just 15 minutes outside of downtown Columbus, the suburbs abruptly evaporate.
Gizmodo:
Washington Post:
Investigation: the US organ donation network relies on manually inputting data and aging software with programming mistakes, leading to periodic system failures  —  White House Digital Service found that the technology that matches donated organs to patients has failed repeatedly
Jonathan Vanian / CNBC:
Pinterest reports Q2 revenue up 9% YoY to $666M, vs $667M est., global MAUs down 5% YoY to 433M, vs 431M est., and a net loss of $43M; the stock jumps 21%+  —  - Pinterest posted disappointing financial results and gave guidance that missed Wall Street expectations, but user numbers were better than expected.
Todd Spangler / Variety:
A US federal judge rules Visa must face a lawsuit alleging it is liable for the distribution of child sex abuse material on Pornhub and other MindGeek websites  —  In a setback for Visa in a case alleging the payment processor is liable for the distribution of child pornography on Pornhub …
Matt Day / Bloomberg:
Amazon says its 2021 carbon footprint rose 18% YoY and 40% from 2019 to ~71.54M metric tons of CO2 equivalent, despite its plans to be “net zero carbon” by 2040  —  Amazon.com Inc. said its carbon footprint grew 18% in 2021, as the company's rapid growth during …
Wallace Witkowski / MarketWatch:
Activision Blizzard Q2: revenue of $1.64B, down from $2.3B YoY, vs $1.57B est., net income of $280M, down from $876M YoY, and MAUs of 361M, down from 408M YoY  —  Ahead of earnings, Microsoft reportedly said Activision Blizzard has no ‘must have’ games  —  Activision Blizzard Inc. shares ticked higher …

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