|
August 3, 2022, 4:25 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| 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
Source:
Under the Hood. More:
The Guardian, Engadget, NPR, Fortune, Global Nerdy, The Information, TechCrunch, Forbes, PYMNTS.com, Silicon Valley Business …, The Block, CNN, Protocol, Blockworks, The Verge, The Rewired Soul, and Fast Company
Tweets: @ronlieber, @rmac18, @menlobear, @michelezanini, @seldo, @bullandbaird, @ahcastor, @steveclapham, and @quinnypig
| 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 the company will reduce its headcount by about 23%. — The company also dropped its second-quarter earnings report …
More:
Robinhood - Investor Relations, SiliconANGLE, CoinDesk, and The Verge
Tweets: @chriskeall and @karaswisher
| Mengqi Sun / Wall Street Journal: |
More:
Engadget, The Block, The Verge, Coinpedia, Watcher Guru, Bitcoin News, Observer, PYMNTS.com, crypto.news, Gizmodo, The Register, CryptoPotato, InfoRiskToday.com, Finextra, Decrypt, CNBC, Four Eyes Finance, Cointelegraph, Protocol, Finbold, CoinGape, CryptoSlate, Crypto Briefing, and CoinDesk
Tweets: @carlquintanilla, @carnage4life, @lex_node, @silvermanjacob, @carnage4life, @wsjmarkets, and @seldo
| Jason Nelson / Decrypt: |
An unknown attacker has been emptying Solana and USDC wallets; blockchain audit firm OtterSec says 5K+ Solana wallets “have been drained in the past few hours” — An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
More:
TechCrunch, CoinDesk, Bloomberg, The Block, Web3 is going just great, Crypto Briefing, CryptoPotato, Mashable, Blockworks, CoinGape, and Cryptonews
Tweets: @phantom, @0xfoobar, @solanastatus, @magiceden, @solanastatus, @solporttom, @cz_binance, @justinbarlow, @solanastatus, @justin_bons, @lyu_johnny, @solbigbrain, @thisisnuse, @milesdeutscher, @top7ico, @naeper, @officer_cia, @coinbureau, @nftpeasant, @justinsuntron, @justinbarlow, and @web3isgreat
| Brian Newar / Cointelegraph: |
More:
CoinDesk, Chainalysis, TechCrunch, Web3 is going just great, Read and Share Twitter …, CertiK Blockchain …, Bloomberg, Coinpedia, The Verge, Input, The Register, SC Media, Engadget, ETH Daily, CoinDesk, PYMNTS.com, Inside Bitcoins, Bitcoin News, Security Boulevard, CNBC, The Record, PaymentSecurity.io, Gizmodo, Decrypt, Protocol, Tech Monitor, PC Gamer, and CoinDesk
Tweets: @nomadxyz_, @nomadxyz_, @0xfoobar, @nomadxyz_, @samczsun, @xiliangchen, @mg_486662, @fatmanterra, @0xfoobar, @paradigmeng420, @mudit__gupta, @el33th4xor, @nassyweazy, @moonbeamnetwork, @bloombergtv, @mmasnick, @jonrog1, @cwgoes, @benedictevans, @lorenzofb, @arjunbhuptani, @moonbeamnetwork, @benedictevans, @samczsun, @chainlinkgod, @notifi_xyz, @0xfoobar, @moonbeamnetwork, @0xmisaka, @nickadobos, @levicook, @0xfoobar, @cl207, @dzack23, @matthuang, @andysayler, @quantstamp, @silvermanjacob, @bradwilson, @cointelegraph, and @fatmanterra
| 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:
MicroStrategy, CoinDesk, Bloomberg, CoinDesk, Yahoo Finance, Web3 is going just great, Blockworks, BTC Times, The Verge, Cointelegraph, Decrypt, Crypto Briefing, Bitcoin Magazine, and Decrypt
Tweets: @frances_coppola, @caspiancey, @concodanomics, @autismcapital, @degentraland, @dylanleclair_, @moonlamboio, @mayhem4markets, @concodanomics, @udiwertheimer, @garyblack00, @dennis_porter_, @saylor, @digitalassetbuy, @carnage4life, @carnage4life, @web3isgreat, @saylor, @wublockchain, @concodanomics, @cryptowhale, @johnreedstark, @ahcastor, and @kenziesigalos
| Nikkei Asia: |
US House Speaker Nancy Pelosi meets with TSMC chairman Mark Liu and others to discuss implementation of the Chips and Science Act during her Taiwan visit — TAIPEI — U.S. House Speaker Nancy Pelosi met with Taiwan's most important chip industry leaders in Taipei on Wednesday as part …
More:
Washington Post, Bloomberg, Reuters, Bloomberg, Reuters, Clandestine's Newsletter, CNBC, TechNode, DigiTimes, Qlobal-Change, and Barron's Online
| Bloomberg: |
More:
Silicon Republic, Nikkei Asia, Protocol, Tom Merritt Tech Newsletter, TechSpot, Appuals.com, and Tom's Hardware
Tweets: @chinabeigebook, @nikkeiasia, and @pstasiatech
| Natasha Mascarenhas / TechCrunch: |
Y Combinator shrinks its Summer cohort to nearly 250 companies, down 40% from 414 in its Winter cohort, due to the downturn in the economy and VC environment — Technically, the accelerator is more exclusive now — Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch.
More:
The Information, The Economic Times, and Tech in Asia
Tweets: @nmasc_, @nmasc_, @brianroemmele, @robustus, and @ulonnaya
| Sarah Perez / TechCrunch: |
Match Group says Tinder CEO Renate Nyborg is leaving after less than a year, reorganizes the app's management team, and ends Tinder's crypto and metaverse plans — Dating giant Match Group announced a series of changes to Tinder's management team alongside the announcement of disappointing second-quarter earnings on Tuesday.
More:
The Economic Times and International Business Times
Tweets: @sameepa, @jbursz, and @mrinaldesai
| Michael Kan / PCMag: |
A US jury finds a former T-Mobile store owner guilty of hacking T-Mobile staff to access internal tools that he used to unlock customers' phones, raking in $25M — Argishti Khudaverdyan was found guilty of various offenses after he stole login credentials from more than 50 different T-Mobile employees across the US.| Zhiyuan Sun / Cointelegraph: |
Nansen: users spent ~$2.7B worth of ether to mint NFTs in H1 2022; 50.7% of the ETH raised stayed with the NFT projects and 45.7% went to non-entity wallets — Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong.| Tom Warren / The Verge: |
NPD Group: US consumer spending on video game products fell 13% YoY to $12.35B in Q2 2022; non-mobile subscription content was Q2's only segment that saw growth — The video game industry growth has slowed down — US consumer spending on video game products has fallen by $1.78 billion in Q2, according to market research firm NPD.
Source:
NPD Group. More:
Windows Central, Slashdot, Metro.co.uk, Dot Esports, dot.LA, TechSpot, and GameSpot
Tweets: @matpiscatella, @benjisales, @bahlivern, @boundarybreak, @necksplitter, @mavriqgg, @zeuslfc, @legacykillahd, and @tomwarren
| Saritha Rai / Bloomberg: |
Internal memo: Zomato appoints four CEOs to lead each of its key business units Zomato, Blinkit, Hyperpure, and Feeding India and plans to rename itself Eternal — Zomato Ltd., the Indian food-delivery company that went public last year, is appointing chief executive officers to lead …
More:
Entrackr, Moneycontrol, Reuters, The Economic Times, Business Today, Telegraph India, The New Indian Express, Livemint, and The Signal
Tweets: @ron_miller, @johnreddyk, @chandrarsrikant, 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:
The Register, Thurrott, More Than Moore, Wccftech, SiliconANGLE, and VentureBeat
Tweets: @ryanreith, @patrickmoorhead, @greengart, @neiltwitz, @bobodtech, @marketrebels, @manpreetkailon, @iancutress, @benbajarin, @cnbc, @investorvideos, and @neiltwitz
| Manish Singh / TechCrunch: |
Source: Uber plans to sell its 7.8% stake in Indian food delivery startup Zomato for $350M+ after assuming an unrealized $707M loss on the investment in H2 2022 — Uber plans to sell its 7.8% holding in Indian food delivery firm Zomato as early as Wednesday, a source familiar with the matter told TechCrunch.
More:
Uber, Reuters, The Economic Times, Reuters, PYMNTS.com, The Economic Times, and Livemint. Tweets: @adityakalra
| Sofia Pitt / CNBC: |
More:
Wall Street Journal, Financial Times, New York Times, Neowin, Observer, Bloomberg, PYMNTS.com, Fortune, Fast Company, TechCrunch, The Verge, Coinspeaker, The Guardian, Washington Post, Finbold, and Reuters
Tweets: @thestalwart, @cnbc, @ldignan, @dondekojo, @treiner5, @eliotwb, @treiner5, @sub8u, and @thestalwart
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
Soxton:
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Zoho:
Zoho CRM Plus in 2025: A year of thoughtful CX improvements — 2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
Zoho CRM Plus in 2025: A year of thoughtful CX improvements — 2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
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
Big Technology Podcast:
Alex And Ranjan's 2026 Outlook: ChatGPT 1 Billion, AI Shopping, Apple's Big Year, AI Love Boom
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:
Where Is All the A.I.-Driven Scientific Progress?
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.
The Talk Show With John Gruber:
'A Naughty Citizen', With Quinn Nelson
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
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 4:25 AM ET, August 3, 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
Alex Ritman / Variety:Daniel Thomas / Financial Times:
Henry Blodget / Regenerator:
Upcoming Tech Events
More News
| Natasha Lomas / TechCrunch: |
More:
Court of Justice of the EU. Tweets: @riptari, @gabrielazanfir, @cbridge_chief, @paulbernaluk, @lukolejnik, @cbridge_chief, @gabrielazanfir, and @coolharsh55
| Wall Street Journal: |
More:
Bloomberg, CBS News, and PYMNTS.com
Tweets: @wsj, @buchelisabeth, @adam_k_levin, @amacker, @beardywheat, and @amacker
| Emily Bary / MarketWatch: |
More:
Reuters, CNBC, Paypal - Investor Relations, Barron's Online, Benzinga, SiliconANGLE, and Bloomberg
Tweets: @epro and @fienixtaranova
Earlier Picks
| Mitchell Clark / The Verge: |
More:
Samsung Newsroom, iFixit News, Gizmodo, TechCrunch, TechRadar, MobileSyrup, How-To Geek, Ubergizmo, PCMag, Engadget, XDA Developers, 9to5Google, and ZDNet