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August 3, 2022, 2:25 PM
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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:
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
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 …
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 …
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.
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 …
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 …
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.
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.
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.
Kate Beioley / Financial Times:
In a U-turn, the UK's CMA provisionally agrees to the $8B merger between Avast and NortonLifeLock, citing “significant competition” from McAfee and others  —  Avast shares rise more than 40% after CMA provisionally agrees $8bn merger with US rival

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:25 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.

From Mediagazer

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

The Guardian:
The UK has spent more than £500K since 2024, including £350K by the Department for Education, on 215 influencers to promote government campaigns

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

More News

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
Natasha Lomas / TechCrunch:
A CJEU ruling in a Lithuanian case involving the use of sensitive personal data could have implications for online services that use background tracking for ads

Earlier Picks

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
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
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
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
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