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August 2, 2022, 7:50 AM
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memeorandum
WeSmirchTop News
| Brian Newar / Cointelegraph: |
Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies — 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
More:
CoinDesk, Decrypt, Bloomberg, Blockchain News, CryptoSlate, CoinGape, Mashable, CoinJournal, Crypto Daily, Crypto Briefing, and CoinDesk
Tweets: @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @samczsun, @mg_486662, @paradigmeng420, @notifi_xyz, @mudit__gupta, @moonbeamnetwork, @fatmanterra, @chainlinkgod, @moonbeamnetwork, @0xfoobar, @moonbeamnetwork, @andysayler, @0xmisaka, @samczsun, @dzack23, @cl207, @quantstamp, @nassyweazy, @cointelegraph, @silvermanjacob, @nickadobos, @0xfoobar, @el33th4xor, @fatmanterra, @levicook, @bradwilson, and @matthuang
| Financial Times: |
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months 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 …
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Telegraph. Tweets: @jamesglynn, @jjvincent, @oliverjhaslam, @atbwebb, @atbwebb, @janinegibson, @acookiecrumbles, @leokelion, @quinnypig, and @aulia
| Washington Post: |
Legal docs: Twitter subpoenaed information about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, and others in its Elon Musk lawsuit — Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
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Insider and Wccftech
Tweets: @buccocapital, @jtlonsdale, @lizzadwoskin, @pt, @faizsays, @eriz35, @davidsacks, @eghosao, @davidsacks, @jason_kint, and @quinnypig
| Bill Toulas / BleepingComputer: |
CloudSEK researchers find 3,207 mobile apps exposing Twitter API keys to the public, potentially letting hackers take over associated users' Twitter accounts — Cybersecurity researchers have uncovered a set of 3,207 mobile apps that are exposing Twitter API keys to the public …
Source:
CloudSEK. More:
9to5Mac, Silicon Republic, The Hacker News, Cybernews.com, Infosecurity, Bob's Newsletter, and SiliconANGLE
| Insider: |
As TikTok grows in the Middle East and North Africa, its regional content moderators complain of psychological distress and pay of around $2 to $3 per hour — - As TikTok gains in popularity in the Middle East and North Africa, it's ramping up its content moderation operation in the region.| 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 …
Source:
IDC. More:
PhoneArena, The Register, CRN, Android Headlines, Neowin, Thurrott, Gizchina, PCMag, Patently Apple, Softpedia News, and Huawei Central. Tweets: @bryanbma
| 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; stock jumps 20%+ — - Pinterest posted disappointing financial results and gave guidance that missed Wall Street expectations, but user numbers were better than expected.
Source:
Pinterest. More:
PYMNTS.com, Elliott Investment …, TechCrunch, Social Media Today, and Coinspeaker
Tweets: @invesquotes, @stockmarketnerd, @martyswant, @ldignan, @gk_ventures, @cnbcnow, and @bigbullcap
| Ryan Smith / AnandTech: |
The CXL consortium plans to absorb the OpenCAPI consortium's assets and standards, setting CXL to become the dominant server CPU-to-device interconnect standard — With the 2022 Flash Memory Summit taking place this week, not only is there a slew of solid-state storage announcements in the pipe … | Wallace Witkowski / MarketWatch: |
Activision Blizzard reports Q2 revenue of $1.64B, down from $2.3B YoY, vs $1.57B est., $280M net income, down from $876M YoY, and 361M MAUs, down from 408M YoY — Ahead of earnings, Microsoft reportedly said Activision Blizzard has no ‘must have’ games — Activision Blizzard Inc. shares ticked higher …
Source:
Activision Blizzard. More:
Protocol, VentureBeat, Dexerto, Bloomberg, Thurrott, and Wall Street Journal. Tweets: @marketwatch
| Gabrielle Coppola / Bloomberg: |
Volkswagen's Cariad unit orders lidar sensors and software from Innoviz, worth around $4B, according to Innoviz's CEO; Innoviz already has a deal with BMW — Volkswagen AG is tapping Israeli lidar company Innoviz Technologies Ltd. to provide laser sensors and software for a push to outfit …
More:
TechCrunch, Forbes, Innoviz Technologies, and Barron's Online
| Sofia Pitt / CNBC: |
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, and a $2.6B net loss; mobility gross bookings rose 57% YoY to $13.4B; stock jumps 10%+ — - Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a revaluation of stakes in Aurora, Grab and Zomato.| Raisa Bruner / TIME: |
An interview with OnlyFans CEO Ami Gan on adapting to the role, addressing safety concerns, embracing adult creators, plans to grow the platform, and more — When Amrapali “Ami” Gan became CEO of OnlyFans in December 2021, she wasn't just stepping into a bigger job than her previous position …
Tweets: @mikestabile, @raisabruner, @amrapaligan, and @erictheumpire
| 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.| Richard Waters / Financial Times: |
More:
Noahpinion, Ars Technica, 9to5Mac, PC Gamer, and Wall Street Journal
Tweets: @benlovejoy, @martijnrasser, @pstasiatech, @jonhusted, and @jchengwsj
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