Techmeme
August 9, 2022, 7:30 PM

Top News

CoinDesk:
An anonymous Tornado Cash user sent ETH to high-profile crypto users, such as Jimmy Fallon and Brian Armstrong, from a sanctioned address, likely to troll them  —  An anonymous crypto user sent small amounts of ether from a sanctioned Tornado Cash address to celebrities and prominent crypto figures on Tuesday.
Chainalysis:
A breakdown of the $7.6B+ in ETH sent to Tornado Cash since August 2019: 49.6% was from DeFi, 17.7% was from sanctioned entities, and 10.5% was stolen funds  —  Today, the U.S. Treasury's Office of Foreign Assets Control (OFAC) sanctioned the popular Ethereum mixer Tornado Cash …
Aisha Malik / TechCrunch:
Spotify gives its Android app's home screen separate feeds for Music and Podcasts & Shows to better highlight recommendations, will bring the change to iOS soon  —  Spotify announced today that it's launching a new Home experience that includes separate feeds for “Music” and “Podcasts & Shows.”
Jason Koebler / VICE:
Served with a warrant, Facebook gave a teen's private chats to Nebraska authorities, who charged her and her mother with breaking laws related to an abortion  —  Motherboard has obtained court documents that show Facebook gave police a teenager's private chats about her abortion.
Reuters:
AppLovin offers to buy Unity for $58.85 per share, an 18% premium to Unity's Monday closing price, in a $17.54B all-stock deal; AppLovin's stock drops 10.29%  —  Gaming software company AppLovin Corp (APP.O) made an offer on Tuesday to buy its peer Unity Software Inc (U.N) …
Jordan Novet / CNBC:
Coinbase misses with Q2 revenue down 64% YoY to $808.3M, vs. $832.2M est., a $1.1B net loss, trading volume down 53% YoY to $217B, and 9M MTUs; stock falls ~5%  —  - Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell.  — The exchange operator lowered its full-year forecast for transacting users.
Kevin Breuninger / CNBC:
President Biden signs the CHIPS and Science Act into law, including $52B+ for US companies producing semiconductors, as well as billions more in tax credits  —  - President Joe Biden signed into law a bipartisan bill that aims to boost U.S. competitiveness with China.
Prarthana Prakash / Bloomberg:
Katherine Tangalakis-Lippert / Insider:
Meta's BlenderBot 3 chatbot, released in the US on August 5, repeats antisemitic stereotypes, claims Donald Trump is the current US president, and more  —  - Meta's new machine-learning chatbot, BlenderBot 3, is the company's most advanced AI chatbot to date.
WABetaInfo:
WhatsApp rolls out privacy features to let users leave Groups silently, choose who can see when they are online, and block screenshots of View Once messages  —  Like Love Haha Wow Sad Angry  —  WhatsApp is building new ways to increase user privacy and security in order to improve their experience while using the app.
Filipe Espósito / 9to5Mac:
New York Times:
Sources: Walmart has held talks with Paramount, Disney, and Comcast, as the retailer explores bundling a streaming service into its Walmart+ membership program  —  The retail giant is exploring bundling a streaming service into its Walmart+ membership program.
Brandy Betz / CoinDesk:
CreatorDAO, a DAO offering creators capital and operational support for a cut of their future earnings, raised a $20M seed led by a16z and Initialized Capital  —  Paris Hilton and musicians The Chainsmokers also invested in the project.  —  CreatorDAO, a decentralized autonomous organization …
Elizabeth Napolitano / CoinDesk:
The DOJ says former BitMEX Head of Business Development Gregory Dwyer pled guilty to violating US federal anti-money laundering rules and agreed to a $150K fine  —  A federal court in New York previously sentenced the firm's co-founders to probation time and fines.
Mike Truppa / The Block:
Bloomberg:
ByteDance acquired Amcare Healthcare, one of China's largest private hospital chains, source says for about $1.5B, deepening its foray into health care  —  ByteDance Ltd. has acquired one of China's largest private hospital chains for about $1.5 billion, deepening a foray into health care via …

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Earlier Picks

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New York Times:
Lily Hay Newman / Wired:
Sarah Perez / TechCrunch:
Andrew Romero / 9to5Google: