Techmeme
August 2, 2022, 1:20 AM

Top News

Sabrina Ortiz / ZDNet:
IDC reports global Chromebook shipments fell 51.4% YoY to 6M units in Q2 2022, still above pre-pandemic levels, and tablet shipments rose 0.15% YoY to 40.5M  —  The second quarter of 2022 showed a sharp decline in Chromebook shipments  —  When the world went online because of the pandemic …
Washington Post:
Legal docs: Twitter is subpoenaing information about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, and others in its lawsuit against Musk  —  Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
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.
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 …
Gizmodo:
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.
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
Brian Newar / Cointelegraph:
Hackers drain nearly all of the ~$190M in crypto from the Nomad token bridge, which is backed by Coinbase and OpenSea, over a long series of transactions  —  Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours.  —  57 Total views
Financial Times:
Sources: Adam Mosseri to temporarily relocate to London, building out Instagram's presence in London by hiring more staff at Meta's King's Cross offices  —  UK capital will effectively become social media app's base as parent Meta battles TikTok  —  Instagram head Adam Mosseri is moving to London …
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.
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 …

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Todd Spangler / Variety:
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Earlier Picks

Neha Wadekar / Washington Post:
Water & Music:
Rest of World:
Natasha Singer / New York Times: