Techmeme
August 8, 2022, 6:25 PM

Top News

Kollen Post / The Block:
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea  —  - The Treasury is sanctioning DeFi mixing service, Tornado Cash.  — The move is the agency's second sanction of a mixing service.
Carly Page / TechCrunch:
Twilio discloses “unauthorized access” on August 4 by a “sophisticated” unknown actor using an SMS-based phishing attack on staff to gain info on some accounts  —  Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees …
Jack Stebbins / CNBC:
Apptopia: Netflix's games have 23.3M downloads and average 1.7M DAUs, under 1% of Netflix's 221M subscribers; Netflix plans to have 50 games by the end of 2022  —  - Netflix plans to expand its video game catalog from 24 to 50 by year-end, marking a significant investment.
Chance Miller / 9to5Mac:
iOS 16 beta 5 adds an option to show the battery percentage in the status bar on some iPhones, after Apple removed it for notched models at the iPhone X's debut  —  The battery percentage has finally been added back to the status bar with today's release of iOS 16 beta 5.
Olga Kharif / Bloomberg:
A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September  —  A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.
Sam Nussey / Reuters:
SoftBank reports a ~$17.23B loss for Vision Fund in Q1 2022, as the value of its tech portfolio fell, including SenseTime and Uber, after a record Q4 2021 loss  —  SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter …
Mark Gurman / Bloomberg:
Filings: Apple spent $33M in fiscal 2021 and $169M in 2022 to date on acquisition payments, down from $1.5B in 2020, a dramatic slowdown in its dealmaking  —  Apple Inc., which used to acquire a company every three or four weeks, has dramatically slowed its dealmaking in the past two years …
Sankalp Phartiyal / Bloomberg:
Sources: India plans to restrict Chinese smartphone makers from selling devices below ~$150 to boost its domestic industry, impacting Xiaomi, Realme, and others  —  India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart …
Ashley Capoot / CNBC:
Nvidia reports Q2 preliminary earnings, showing $6.7B revenue, down 19% from Q1 and below its $8.1B guidance, driven by weaker gaming revenue; stock drops 6.3%  —  - Nvidia shares dipped Monday after the company released preliminary earnings that show early second-quarter revenue of $6.7 billion, well below its outlook of $8.1 billion.
Patrick Coffee / Wall Street Journal:
Lyft forms Lyft Media, a business unit to consolidate and expand its ad offerings, and plans to show more ads in cars, on its app, and at bike-share stations  —  Through its Lyft Media unit, the ride-hailing company plans to offer more ads inside cars, on its app and at bike-share stations

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cape:
Most carriers track everything.  Cape doesn't.  —  Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more.  Switch today and get 29% off for life.
Zoho:
Introducing Zoho Expense MCP: Turn conversations into expense workflows  —  Artificial intelligence (AI) has already changed how we search for information, summarize documents, and analyze data.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
The White House's Secret A.I. Rules + The State of Model Alignment With METR's Chris Painter + The Final Hot Mess Express
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Big Technology Podcast:
How The AI Bet Pays Off + AI Lab Strategy Game — With David Cahn
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Oliver Darcy on Status, Bari Weiss, and Why Media Reporters Are Too Soft
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Chai Discovery's Bitter Lesson: Drug Design Is Another Scaling Problem
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Gavin Baker - AI Market Jitters
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:25 PM ET, August 8, 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

Jacob Kastrenakes / The Verge:

Earlier Picks

Ryan Tracy / Wall Street Journal:
Patience Haggin / Wall Street Journal:
Rebecca Bellan / TechCrunch: