Techmeme
August 3, 2022, 1:55 PM

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:
Thomas Seal / Bloomberg:
Textbook publisher Pearson plans to turn its e-books into NFTs to take a cut from secondhand sales and has a team exploring “the implications of the metaverse”  —  The chief executive officer of Pearson Plc, one of the world's largest textbook publishers, said he hopes technology …
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 units  —  Nintendo Co. reported worse-than-expected first-quarter earnings on Wednesday as a weaker yen failed to offset declining hardware and software sales.
Jessica Klein / Input:
An interview with Bored Ape Yacht Club creators Greg Solano and Wylie Aronow on BuzzFeed “doxxing” them, Yuga Labs, BAYC's future, the Otherside game, and more  —  The evening of February 4, business partners Greg Solano, 33, and Wylie Aronow, 35, were at their respective homes …
Sam Rutherford / Engadget:
Review of the OnePlus 10T, unveiled today for $649: Snapdragon 8+ Gen 1 and wired charging are fast, but water resistance is weak and 2MP macro camera is a bust  —  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.
Nikkei Asia:
US House Speaker Nancy Pelosi met with TSMC Chairman Mark Liu, Pegatron Vice Chairman Jason Cheng, and others in Taiwan to discuss the Chips and Science Act  —  TAIPEI — U.S. House Speaker Nancy Pelosi met with Taiwan's most important chip industry leaders in Taipei on Wednesday as part …
Jamie Crawley / CoinDesk:
Chiliz, which owns digital fan token service Socios, buys a 24.5% stake in soccer club FC Barcelona's Barça Studios for $100M and plans to expand its Web3 plans  —  Chiliz has acquired a 24.5% stake in Barca Studios, the Spanish soccer giant's digital-content creation arm.
Mark Gurman / Bloomberg:
Sources: Apple plans to delay iPadOS 16 by about a month, partly due to work on its multitasking features, targeting an October release alongside macOS Ventura  —  Apple Inc. expects to delay its next major iPad software update by about a month, taking the unusual step of not releasing …
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
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.
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.
Yun Li / CNBC:
AMTD Digital, a Hong Kong-based fintech popular on WallStreetBets, briefly sees its market cap top $300B and its stock jump 21,400% after its July 2022 IPO  —  - AMTD Digital, a little-known Hong Kong-based fintech company, saw its shares skyrocket 126% on Tuesday alone after experiencing a series of trading halts.
Wall Street Journal:
Equifax says it fixed a “technology coding issue” that sources say sent lenders faulty credit scores on millions of US consumers from mid-March to early April  —  During a three-week period this year, Equifax sent faulty scores to lenders, resulting in higher interest rates and denied applications
Kate Beioley / Financial Times:
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:
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

Sponsor Posts

Airtable:
What's the ROI on AI?  That's the trillion dollar question.  —  Learn why Airtable's the enterprise operating system for the AI era, delivering enterprise-grade security, privacy and governance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How to have the right mindset to work better  —  If you're an overthinker, you're likely familiar with the inner voice constantly criticizing your actions, worrying about others' opinions, and fixating on a troubling future.
Notion:
Get up to 6 months free of Notion with unlimited AI  —  Notion is trusted and loved by thousands of startups as their connected workspace—from building product roadmaps to tracking fundraising.  Build and scale your company with one tool!
Techmeme Ride Home:
Mon. 10/07 - Apple Intelligence Gets A Date
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:55 PM 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

Saritha Rai / Bloomberg:
Natasha Lomas / TechCrunch:

Earlier Picks

Adam Morgan McCarthy / The Block:
CNBC: