|
August 2, 2022, 6:15 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Ashley Capoot / CNBC: |
Robinhood reports Q2 revenue down 44% YoY to $318M, vs $321M est., a $295M net loss, down from $502M YoY, and MAUs down 1.9M QoQ to 14M in June 2022 — - Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%.| Mengqi Sun / Wall Street Journal: |
New York's State Department of Financial Services fines Robinhood's crypto unit $30M for allegedly violating anti-money laundering and cybersecurity regulations — The New York State Department of Financial Services alleges that Robinhood violated anti-money-laundering and cybersecurity regulations
More:
The Block, Gizmodo, The Register, The Verge, The Block, InfoRiskToday.com, Decrypt, PYMNTS.com, Crowdfund Insider, Finextra, Fast Company, CoinGape, CoinDesk, Protocol, CNBC, CryptoPotato, Crypto Briefing, Bitcoinist.com, Cointelegraph, Four Eyes Finance, Finbold, CryptoSlate, and Tech News
Tweets: @seldo, @lex_node, and @wsjmarkets
| Caitlin McCabe / Wall Street Journal: |
Robinhood plans to cut its headcount by ~23% over “additional deterioration of the macro environment”, after laying off ~9% of full-time employees in April 2022 — The job cuts mark the second round of layoffs for the online brokerage, which exploded in popularity during the Covid-19 pandemic
More:
Silicon Valley Business …, Forbes, Protocol, The Information, Blockworks, TechCrunch, Fortune, The Verge, Reuters, and Fast Company
Tweets: @bullandbaird, @rmac18, @seldo, @quinnypig, and @carlquintanilla
| Adam Morgan McCarthy / The Block: |
MicroStrategy CEO Michael Saylor steps down and takes executive chairman role “to focus more on our bitcoin acquisition strategy”; president Phong Le named CEO — - Michael Saylor is set to step down from his role as CEO and become an executive chairman.
More:
CoinDesk, MicroStrategy, Bloomberg, Web3 is going just great, CoinDesk, The Verge, Blockworks, Decrypt, Cointelegraph, CNBC, BTC Times, Crypto Briefing, and CryptoPotato
Tweets: @saylor, @concodanomics, @cryptowhale, and @kenziesigalos
| 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:
TechCrunch, Web3 is going just great, Input, TechCrunch, Bloomberg, Reuters, Engadget, Read and Share Twitter …, CoinDesk, HealthcareInfoSecurity.com, CertiK Blockchain …, CNBC, The Record, Decrypt, The Verge, ETH Daily, Inside Bitcoins, Gizmodo, Mashable, CoinGape, FXStreet, Coinspeaker, Chainalysis, The Coin Crunch, Sumbu Botol, CryptoSlate, Crypto Briefing, and CoinDesk
Tweets: @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @samczsun, @mg_486662, @fatmanterra, @xiliangchen, @el33th4xor, @paradigmeng420, @0xfoobar, @arjunbhuptani, @moonbeamnetwork, @mudit__gupta, @notifi_xyz, @lorenzofb, @nassyweazy, @moonbeamnetwork, @samczsun, @chainlinkgod, @silvermanjacob, @moonbeamnetwork, @0xfoobar, @andysayler, @bloombergtv, @0xmisaka, @dzack23, @mmasnick, @cl207, @quantstamp, @jonrog1, @nickadobos, @0xfoobar, @benedictevans, @benedictevans, @levicook, @bradwilson, @matthuang, @cointelegraph, and @fatmanterra
| Mitchell Clark / The Verge: |
Samsung launches its iFixit repair program, covering Galaxy S20, S21, and Tab S7+ devices; S22 flagships are not supported and the number of repairs are limited — But not its latest phones and tablets — Samsung and Fixit have launched their repair program that lets Galaxy S20, S21 …
More:
Samsung Newsroom, iFixit News, Gizmodo, TechCrunch, CNET, Ubergizmo, SlashGear, ZDNet, XDA Developers, PCMag, Engadget, and 9to5Google
| Washington Post: |
Sources: Nancy Pelosi is set to meet with TSMC's chairman Mark Liu to discuss implementation of the Chips and Science Act during her visit to Taiwan — TSMC is building a chip factory in Arizona — and considering constructing several on the site — in a project seen as key to U.S. national security| Bloomberg: |
The Chips and Science Act bars companies that get US federal funding from adding production of advanced chips in China, impacting Intel, TSMC, and others — As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat …
More:
Nikkei Asia, Tom Merritt Tech Newsletter, TechSpot, Appuals.com, Tom's Hardware, and TechNode
Tweets: @chinabeigebook, @nikkeiasia, and @pstasiatech
| Sofia Pitt / CNBC: |
Uber reports Q2 revenue up 105% YoY to $8.1B, above $7.39B estimates, a $2.6B net loss, and mobility gross bookings up 55% YoY to $13.4B; stock closes up 18.9% — - Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments …
More:
Wall Street Journal, Bloomberg, Financial Times, Fortune, PYMNTS.com, New York Times, Washington Post, The Guardian, TechCrunch, Coinspeaker, Fast Company, The Verge, Reuters, and Finbold
Tweets: @thestalwart, @thestalwart, @cnbc, @ldignan, @dondekojo, @eliotwb, and @sub8u
| CNBC: |
AMD reports Q2 revenue up 70% YoY to $6.6B, vs $6.53B est., including Data Center segment sales up 83% YoY to $1.5B and Client segment sales up 25% YoY to $2.2B — - AMD reported earnings for the quarter ending in June that beat estimates. — The company gave a forecast for the current quarter …
Source:
Advanced Micro Devices, Inc.. More:
Reuters, Thurrott, VentureBeat, and Wccftech
Tweets: @benbajarin, @marketrebels, @investorvideos, @cnbctech, and @patrickmoorhead
| Sofia Pitt / CNBC: |
Airbnb reports Q2 revenue up 58% YoY to $2.1B, vs $2.11B est., $379M net income, up from a loss of $68M YoY, and a $2B stock buyback program — - Revenue jumped 58% year-over-year to $2.1 billion helping to drive the company's most profitable second quarter to date.| Washington Post: |
Legal docs: in its Elon Musk lawsuit, Twitter subpoenaed info about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis, others — Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
More:
Bloomberg, Tech Xplore, Insider, and Wccftech
Tweets: @jtlonsdale, @lizzadwoskin, @buccocapital, @lizzadwoskin, @faizsays, @eriz35, @arainert, @pt, @eghosao, @damianpaletta, @taylorlorenz, @xeni, @triketora, @davidsacks, @jason_kint, and @quinnypig
| Prarthana Prakash / Bloomberg: |
Match Group misses on Q2 revenue up 12% YoY to $795M, vs. $804M est., and paying users up 10% YoY to 16.4M, vs 16.5M est.; stock down 22% on stymied growth — Match Group Inc. gave a forecast for revenue in the current quarter that fell far short of analysts' estimates with growth stymied …
More:
TechCrunch and Match Group
| Emily Bary / MarketWatch: |
PayPal reports Q2 revenue up 9% YoY to $6.8B, vs $6.78B est., a $341M net loss; stock up 11% on news of a $15B share buyback and Elliott Management's $2B stake — Elliott has a roughly $2 billion investment in PayPal, cheering ‘unmatched and industry-leading footprint,’ as payments company beats earnings expectations| Kyle Wiggers / TechCrunch: |
SEC filing: e-commerce marketing automation service Klaviyo raised $100M from Shopify; Klaviyo has raised ~$775M to date and was valued at $9.5B in May 2021 — Ecommerce marketing automation platform Klaviyo has received a $100 million strategic investment from Shopify … | TechCrunch: |
LA-based MarqVision, which uses AI to monitor marketplaces for counterfeits, including of NFTs, raised a $20M Series A led by DST Global and Atinum Investment — As of 2020, the clothing sector lost about $27 billion in annual sales due to counterfeits, an illicit trade that results in huge losses to both brands and buyers.| Denny Jacob / Wall Street Journal: |
EA reports Q1 revenue up 14% YoY to $1.77B, vs. $1.26B est., and net income up 52% YoY to $311M, vs. $101.6M est., but gives Q2 guidance below projections — Videogame company quarterly results top expectations on strength of soccer, racing games — Electronic Arts Inc. EA -1.51%▼ …
More:
Bloomberg and Electronic Arts
| 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:
SC Media, 9to5Mac, The Mac Observer, The Register, fpt., Cybernews.com, Silicon Republic, Bob's Newsletter, The Hacker News, Infosecurity, and SiliconANGLE. Tweets: @braxerner
| 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.
More:
Newslit Daily. Tweets: @_rosiebradbury, @cori_crider, @rinachandran, @paleofuture, @zennie_fic, @benjanun_s, @niamh_mcintyre, @paul_framp, @marleyjaybiz, @eibroscheva, @frederickmelo, @ava_l_, @_rosiebradbury, @profdaveandress, @dmonett, @blackamazon, @foxglovelegal, @scottnover, @wolfiechristl, and @shonaghosh
Sponsor Posts
Google:
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Get your favorite apps talking to Zoho Sign with Zapier — Your business didn't come together overnight. It's something you've built, refined, and fine-tuned over time. Every tool you use has a purpose …
Get your favorite apps talking to Zoho Sign with Zapier — Your business didn't come together overnight. It's something you've built, refined, and fine-tuned over time. Every tool you use has a purpose …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 6:15 PM ET, August 2, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Washington Post:Ali Watkins / New York Times:
Ashley Carman / Bloomberg:
Upcoming Tech Events
More News
| Paul Sawers / TechCrunch: |
Source:
SEC.gov. More:
PYMNTS.com, Adweek, Madelyn's Newsletter, Engadget, BGR India, and International Business Times
Tweets: @accountabletech, @jeffnolan, and @jason_kint
Earlier Picks
| Financial Times: |
More:
Adweek, The Guardian, Telegraph, iPhone in Canada Blog, Digital Trends, Protocol, and CNBC
Tweets: @oliverjhaslam, @jjvincent, @mmasnick, @atbwebb, @jamesglynn, @atbwebb, @janinegibson, @acookiecrumbles, @leokelion, @quinnypig, and @aulia
| Sabrina Ortiz / ZDNet: |
Source:
IDC. More:
TechSpot, The Register, PhoneArena, CRN, Android Headlines, Neowin, Thurrott, Gizchina, PCMag, Patently Apple, Softpedia News, and Huawei Central. Tweets: @bryanbma
| Wallace Witkowski / MarketWatch: |
Source:
Activision Blizzard. More:
VentureBeat, TechSpot, Kotaku Australia, Dot Esports, Bloomberg, and Wall Street Journal. Tweets: @marketwatch
| Heather Somerville / Wall Street Journal: |
More:
PreSeed Now, Financial Times, Silicon Valley Business …, and Newslit Daily
Tweets: @norwestvp, @heathersomervil, @apartovi, @tariqkrim, @martinsfp, @mylesudland, @lisaabramowicz1, and @trengriffin
| Emma Roth / The Verge: |
More:
9to5Mac, AppleInsider, BGR, Tech.co, Laptop Mag, iPhone Hacks, Philip Elmer‑DeWitt, MacRumors, The Shortcut, iMore, Tom's Guide, TechRadar, Gizmodo, Input, SlashGear, Windows Central, The Mac Observer, 9to5Mac, Redmond Pie, Thurrott, iThinkDifferent, PCMag, OnMSFT.com, Macworld, Mashable, iDownloadBlog.com, XDA Developers, and Softpedia News
Tweets: @stevemoser, @stevemoser, @firt, and @ishabazz