Techmeme
August 10, 2022, 2:40 PM

Top News

Rebecca Elliott / Wall Street Journal:
Filings: Elon Musk sold ~7.9M Tesla shares, worth ~$7B, between August 5 and 9, Musk says to avoid “an emergency sale” if a judge forces his Twitter acquisition  —  The billionaire suggested stock sales were aimed at avoiding a fire sale if forced to buy the social-media company
Allison Johnson / The Verge:
Samsung debuts the $1,800 Galaxy Z Fold 4 with 6.2" and 7.6" displays, Snapdragon 8+ Gen 1, 12GB of RAM, 256GB+ storage, and a 50MP camera; preorders now open  —  Minor camera and software improvements, big $1,799 price tag  —  Samsung, purveyor of the only serious foldables available on a global scale …
Nirave Gondhia / XDA Developers:
Ivan Mehta / TechCrunch:
Spotify quietly tests Spotify Tickets, directly selling live music tickets to users in the US, instead of redirecting buyers to Ticketmaster or Eventbrite  —  Spotify has launched a new site to sell fans tickets to live gigs directly from its platform instead of redirecting users to partners like Ticketmaster and Eventbrite.
Dan Goodin / Ars Technica:
Cloudflare says three employees fell for an SMS phishing scam, but the company's hardware MFA keys stopped the hackers from accessing its internal network  —  Unusually resourced threat actor has targeted multiple companies in recent days.  —  At least two security-sensitive companies …
Debby Wu / Bloomberg:
Foxconn reports Q2 revenue up 12% YoY to ~$50B and ~$1.1B net income, as cloud product sales helped weather supply chain issues and sluggish smartphone demand  —  Hon Hai Precision Industry Co., the maker of most of the world's iPhones, posted a profit that beat estimates as demand …
Meta:
Meta says the warrants in the Nebraska case didn't mention abortion, only the burning and burial of a stillborn, came before Roe's reversal, and had a gag order  —  Much of the reporting about Meta's role in a criminal case against a mother and daughter in Nebraska is plain wrong.
Jason Koebler / VICE:
Pew Research Center:
An in-depth look at US teenagers and social media in 2022: 95% say they use YouTube, 67% use TikTok, 62% use Instagram, 59% use Snapchat, and 32% use Facebook  —  TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply
Reuters:
Iran's Tasnim agency says the country made its first official import order paying with cryptocurrency this week, worth $10M, helping circumvent US sanctions  —  Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday …
Tom Warren / The Verge:
Microsoft makes its 1,538 3D emoji library available in open source on GitHub and Figma, allowing creators to remix and customize them for free  —  Get ready for lots of custom 3D emoji  —  Microsoft is open sourcing more than 1,500 of its 3D emoji, making them free for creators to remix and build upon.
Abner Li / 9to5Google:
Google launches Get The Message, a campaign to pressure Apple to support RCS over SMS/MMS, highlighting low-resolution photos and videos, no e2ee, and more  —  For the past year, Google has been increasingly calling out Apple for not adopting RCS (Rich Communication Services) on the iPhone.
Jon Fingas / Engadget:
Samsung announces the Galaxy Z Flip 4, featuring the same 1.9" and 6.7" displays alongside battery and camera upgrades and Snapdragon 8+ Gen 1, starting at $999  —  As expected, Samsung has unveiled the Galaxy Z Flip 4 — but the phone's greatest improvements might come through upgrades to software, not specs.
Mat Smith / Engadget:
Florence Ion / Gizmodo:
Samsung announces $230 Galaxy Buds 2 Pro with a smaller form factor, improved active noise cancellation, 24-bit Hi-Fi audio, and more; pre-orders start today  —  New buds alert!  Samsung has announced the second-generation Galaxy Buds 2 Pro in tandem with its latest batch of foldables.
Victoria Song / The Verge:
Samsung debuts the $280 Galaxy Watch 5 and $450 Galaxy Watch 5 Pro, with a touch bezel and better BioActive sensor, mapping features for Pro; preorders now open  —  It's also aiming for the Garmin crowd with the Watch 5 Pro  —  After weeks of leaks and rumors, Samsung finally announced …
Tiyashi Datta / Reuters:
Meta says it raised $10B in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business  —  Facebook-parent Meta Platforms Inc (META.O) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.
Todd Spangler / Variety:
NFT startup Dapper Labs hires Nick Grudin, formerly Meta's Head of Content Partnerships for 12 years, as chief business officer  —  After nearly 12 years at Meta and Facebook, Nick Grudin is leaving the social-media giant.  Grudin next month will join NFT digital-collectibles company Dapper Labs as chief business officer.
Harri Weber / TechCrunch:
Vancouver-based Hootsuite plans to lay off 30% of its workforce, an estimated 400 people; PitchBook says the social media marketing company has raised $300M+  —  Social media marketing firm Hootsuite says it has slashed its workforce by 30%.  —  “We need to refocus our strategies to drive efficiency …
Bloomberg:
A jury finds former Twitter employee Ahmad Abouammo guilty of spying for Saudi Arabia by turning over Saudi dissidents' 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 …
Vincent Manancourt / Politico:
Ireland's data regulator says it has received objections from several EU regulators to its plan to block Meta's EU-US data sharing, a reprieve for the company  —  Europeans have been saved from a summer shutdown of social media sites Facebook and Instagram by ... European Union bureaucracy.

Sponsor Posts

OVHcloud:
Sustainable from the ground up  —  Discover eco-friendly cloud solutions powered by advanced water-cooling technology.  Join a trusted cloud leader and transform your digital landscape.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Ahead of the curve - Revolutionizing communication and project management with Zoho Cliq  —  Communication and collaboration are the backbone of a successful business, especially for large-scale enterprises with many employees.
Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
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.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Wed. 07/17 - Sorry, More Politics...
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 2:40 PM ET, August 10, 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

Kosaku Narioka / Wall Street Journal:
Paul Sandle / Reuters:

Earlier Picks

Jordan Novet / CNBC: