August 3, 2022, 8:05 PM

Top News

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.
Andrew Hayward / Decrypt:
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.
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 …
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.
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%.
Source: eBay Inc.More: Barron's Online and Bloomberg
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 …
More: Bloomberg
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:

Sponsor Posts

We need startups to fight prompt injection, the top LLM security risk  —  Check out our AI security market map, and reach out if you're building a way to defend chatbots from this new hacking technique.
Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Craft the perfect job description with Smart Assist  —  A job description (JD) is often your first line of communication with candidates.  This is your opportunity to share what you expect out of the role and what life is like at your company.
Techmeme Ride Home:
(Bonus) Ed Zitron On The Social Landscape
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 8:05 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

Earlier Picks

Nikkei Asia:
Saritha Rai / Bloomberg:
Natasha Lomas / TechCrunch:
Tom Warren / The Verge:
Financial Times:
Wall Street Journal: