Techmeme
August 3, 2022, 11:55 AM

Top News

Jason Nelson / Decrypt:
An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC  —  An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
Brian Newar / Cointelegraph:
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
Ashley Capoot / CNBC:
Jessica Klein / Input:
An interview with Bored Ape Yacht Club creators Greg Solano and Wylie Aronow on BuzzFeed “doxxing” them, Yuga Labs, the future of BAYC, Otherside, and more  —  The evening of February 4, business partners Greg Solano, 33, and Wylie Aronow, 35, were at their respective homes …
Thomas Seal / Bloomberg:
Textbook publisher Pearson plans to turn its e-books into NFTs so the company can profit from secondhand sales  —  The chief executive officer of Pearson Plc, one of the world's largest textbook publishers, said he hopes technology like non-fungible tokens and the blockchain could help …
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 …
Financial Times:
Takashi Mochizuki / Bloomberg:
Nintendo misses with Q1 sales down 4.7% YoY to ~$2.3B and operating profit down 15.1% YoY to ~$763M; Switch sales fell 22.9% YoY to 3.43M  —  Nintendo Co. reported worse-than-expected first-quarter earnings on Wednesday as a weaker yen failed to offset declining hardware and software sales.
Jamie Crawley / CoinDesk:
Chiliz, which owns digital fan token service Socios, buys a 24.5% stake in soccer club Barcelona's Barça Studios for $100M and will help expand Web3 offerings  —  Chiliz has acquired a 24.5% stake in Barca Studios, the Spanish soccer giant's digital-content creation arm.
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.
Adam Morgan McCarthy / The Block:
Financial Times:
Source: Meta Global Affairs President Nick Clegg is partly relocating to London for personal reasons, splitting his schedule between California and the UK  —  Global affairs chief will split his time between UK and California as social media group embraces remote leadership
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.
Sam Rutherford / Engadget:
OnePlus 10T review, unveiled today for $649: Snapdragon 8+ Gen 1 and wired charging are fast, but water resistance is weak and the 2MP macro camera is pointless  —  When OnePlus does a mid-year refresh of its phones, typically you end up with a slightly snappier device with a handful of slight refinements.
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.
Kate Beioley / Financial Times:
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.
Source: NansenMore: CryptoSlate
Tom Warren / The Verge:
Amazon launches its Luna game streaming service on Samsung's 2022 smart TVs and monitors as part of the Samsung Gaming Hub  —  Luna joins Stadia, GeForce Now, and Xbox Cloud Gaming in the Samsung Gaming Hub  —  Amazon's game streaming service, Luna, is launching on Samsung's 2022 smart TVs and monitors today.
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 …

Sponsor Posts

Google:
Reimagine your photos with a prompt  —  Our new native image generation and editing is state-of-the-art, and ranked #1 in the world.  Try it for free in the Gemini app.
F5:
Securing AI models and agents in the enterprise  —  The new AI stack creates a highly dynamic attack surface, and traditional controls aren't keeping up.  F5's recent acquisition will bring advanced AI guardrails to enterprise apps.
Zoho:
Uncover what's new in Zoho Solo with iOS 26 and iPadOS 26  —  It's that time of the year again when we get to bring you exciting new updates in Zoho Solo, all built to complement the latest from Apple.
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.

Featured Podcasts

Big Technology Podcast:
How People Use ChatGPT, Meta's New AI Glasses, Can Jimmy Kimmel Be Canceled?
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:
Charlie Kirk and Online Rage + Inside Trump's Chip Flip + This Week in A.I.
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.
Decoder with Nilay Patel:
How chatbots — and their makers — are enabling AI psychosis
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
Why experts writing AI evals is creating the fastest-growing companies in history | Brendan Foody (CEO of Mercor)
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.
Channels with Peter Kafka:
I tried Zuckerberg's $800 Ray-Bans. Are they the future? With Alex Heath
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.
[trading places]:
sim desai hiive🐝 • emily zheng pitchbook⚾️📓 • vlad voroninski helm.ai 🤖🚙 • bytedance 🫦🕺🏻
a very bad podcast about broken unicorns & busted carry hosted by dave mcclure and aman verjee
Subscribe to [trading places].
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:55 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.

More News

Natasha Lomas / TechCrunch:

Earlier Picks

Wall Street Journal:
CNBC: