Techmeme
August 10, 2022, 12:50 AM

Top News

Jason Koebler / VICE:
Served with warrants, Meta gave a teen's Messenger 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.
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.
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:
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.
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.”
Bloomberg:
Former Twitter employee Ahmad Abouammo is found guilty of spying for Saudi Arabia by turning over Saudi dissidents' Twitter account data in exchange for bribes  —  A former Twitter Inc. employee was convicted of spying for Saudi Arabia by turning over personal information of platform users …
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) …
Stephen Shankland / CNET:
Nvidia unveils its Omniverse Avatar Cloud Engine, a suite of cloud-native AI models and services for developers building 3D models of lifelike chatbot avatars  —  Stephen Shankland  —  What's happening Why it matters  —  You're probably used to interacting by voice with digital assistants like Alexa and Siri.
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.
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 …
Emily Birnbaum / Bloomberg:
Biden adviser Tim Wu denies reports of him leaving the White House, saying “I'm not leaving anytime soon — still have lots of work to do”  —  White House adviser Tim Wu said “I'm not leaving anytime soon — still have lots of work to do" in a statement Tuesday responding …

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Earlier Picks

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Bloomberg:
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Bloomberg: