August 2, 2022, 4:40 AM

Top 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
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
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 …
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 …
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; the stock jumps 21%+  —  - Pinterest posted disappointing financial results and gave guidance that missed Wall Street expectations, but user numbers were better than expected.
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.
Joseph Cox / VICE:
Leaked docs: how Roblox handles child grooming, automatic image scanning, mass shooting simulators, and more; Roblox says it has 2,600+ working on moderation  —  Internal documents reveal how exactly the platform played by half of all children in the U.S. is tackling grooming …
Simon Sharwood / The Register:
Microsoft extends the useful life of its cloud server assets from four to six years, citing improved efficiencies and tech, and expects to save $3.7B in FY 2023  —  Banks billions by making servers last even longer than AWS or Google  —  Microsoft has extended the life of the machines powering …
Rebecca Bellan / TechCrunch:
Bolt Mobility, co-founded by Usain Bolt, seems to have ceased operations and vanished from at least five US cities, leaving unusable e-bikes; Bolt raised $40.2M  —  Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without …
Matt Day / Bloomberg:
Amazon says its 2021 carbon footprint rose 18% YoY and 40% from 2019 to ~71.54M metric tons of CO2 equivalent, despite its plans to be “net zero carbon” by 2040  — Inc. said its carbon footprint grew 18% in 2021, as the company's rapid growth during …

Sponsor Posts

Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Transforming customer relations management with digital signatures and Zoho Sign  —  Today, nearly every company uses customer relationship management (CRM) software for their sales and marketing operations.
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Techmeme Leaderboards:
Find the top reporters on AI, NFTs, VR, AR, VC and much more  —  We've analyzed Techmeme's news crawl data to identify the most influential writers on 46 topics.  Download reports immediately for just $100.  No sub needed!
Techmeme Ride Home:
Wed. 10/05 - Elon Wants Twitter Now. We Think. Who KNOWS ANYMORE!!??
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 4:40 AM 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.

More News

Washington Post:

Earlier Picks

Heather Somerville / Wall Street Journal:
Water & Music:
Emma Roth / The Verge: