| 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 … | 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 … | 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 … | Aisha Malik / TechCrunch: |
Meta says it will shut down its Facebook Live Shopping feature on October 1 as it shifts its focus to Reels on Facebook and Instagram — Facebook is shutting down its live shopping feature on October 1st to shift its focus to Reels, the company announced in a blog post.| 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.| Ingrid Lunden / TechCrunch: |
Thoma Bravo plans to acquire enterprise identity management service Ping Identity in an all-cash $2.8B deal; Ping misses on Q2 revenue down 9% YoY to $72M — After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move … | Kate Kaye / Protocol: |
Due to concerns over cloud computing costs, some companies are shifting their data and ML models to on-premises servers and investing in hybrid infrastructure — A quick-service restaurant chain is running its AI models on machines inside its stores to localize delivery logistics.| 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.| Taylor Lorenz / Washington Post: |
Interviews with over two dozen Triller creators and others: the TikTok rival missed payments after promising Black creators $4K per month, half paid in equity — Triller made its name recruiting talent with lavish perks. Now, dozens of influencers are struggling to get paid.| 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.| Bloomberg: |
Source: Activision Blizzard and NetEase scrapped a World of Warcraft mobile game after a financing dispute; sources: NetEase disbanded a team of 100+ developers — Activision Blizzard Inc. and NetEase Inc. have torpedoed a World of Warcraft smartphone game that had been in development for three years … | Tom Warren / The Verge: |
Amazon launches Luna game streaming on Samsung's 2022 smart TVs and monitors, in Samsung Gaming Hub, which has Google Stadia, Xbox Cloud Gaming, and GeForce Now — Luna joins Stadia, GeForce Now, and Xbox Cloud Gaming in the Samsung Gaming Hub — Amazon's game streaming service, Luna … | Manish Singh / TechCrunch: |
India's government withdraws its long-awaited Personal Data Protection Bill, criticized by privacy advocates and tech giants, and will work on a new framework — The Indian government is withdrawing its long-awaited Personal Data Protection Bill that drew scrutiny from several privacy advocates … | Yuvraj Malik / Reuters: |
eBay beats with Q2 revenue down 9% YoY to $2.42B, vs. $2.37B est., gross merchandise volume down 18% YoY to $18.5B, and Q3 guidance above estimates — EBay Inc (EBAY.O)surpassed Wall Street estimates for second-quarter revenue on Wednesday as online shopping held steady in the face of rising inflation, sending shares up 4%.| Bloomberg: |
Latin American e-commerce site MercadoLibre beats with Q2 revenue up 53% YoY to $2.6B, vs. $2.5B est., and operating margins of 9.6%, vs. 7% est.; stock up 12%+ — Latin American e-commerce retailer and fintech provider MercadoLibre Inc. is reaping the rewards of its investment across … | Financial Times: |
SoftBank raised $22B in cash from deals that would sharply reduce its Alibaba stake over the coming years; SoftBank had a 23.9% stake in Alibaba as of mid-July — SoftBank has raised as much as $22bn in cash from deals that would sharply reduce its stake in Alibaba over the coming years … | 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.| Hannah Lang / Reuters: |
Filing: the SEC has been probing Robinhood's compliance with short selling rules since October 2021 and requested more information from the company in Q2 2022 — Retail trading platform Robinhood Markets Inc disclosed in a filing on Wednesday that the U.S. Securities and Exchange Commission … | Takashi Kawakami / Nikkei Asia: |
Chinese government data: China's smartphone shipments sank 21.7% to 134M units in H1 2022; Canalys: shipments may fall below 300M in 2022, the lowest since 2012 — Consumer shift toward thrift compounds structural weakness in demand — GUANGZHOU — Smartphone shipments in China are on track … | Kate Beioley / Financial Times: |
In a U-turn, the UK's CMA provisionally agrees to NortonLifeLock's $8B merger with Avast, citing “significant competition” from McAfee and more; Avast jumps 43% — Avast shares rise more than 40% after CMA provisionally agrees $8bn merger with US rival| Bloomberg: |
Sources: White House antitrust adviser Tim Wu, a key architect of Biden's competition EO, plans to leave in the coming months and return to Columbia Law School — White House adviser Tim Wu, who worked to shape the Biden administration's agenda to increase economic competition …
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| Nikkei Asia: |
| Saritha Rai / Bloomberg: |
| Natasha Lomas / TechCrunch: |
| Tom Warren / The Verge: |
| Financial Times: |
| Wall Street Journal: |