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August 10, 2022, 3:10 PM
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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:
Samsung Galaxy Z Fold 4 hands-on: improved, more durable displays, easier one-handed use, lighter than the Fold 3, and better cameras, but only 25W charging
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.
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
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 …
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 …
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 …
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:
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
Tom Warren / The Verge:
Microsoft open sources its library of 1,500+ 3D emoji, available now on GitHub and Figma, letting creators 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.
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 …
Jon Fingas / Engadget:
Samsung unveils the Galaxy Z Flip 4, featuring the same 1.9" and 6.7" displays, battery and camera upgrades, and the 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:
Samsung Galaxy Z Flip 4 hands-on: an incremental but nice upgrade on the Flip 3, including improvements to durability, the 1.9-inch front display, and Flex mode
Florence Ion / Gizmodo:
Samsung announces the $230 Galaxy Buds 2 Pro with a smaller form factor, improved ambient noise cancellation, 24-bit Hi-Fi audio, and more; preorders now open  —  New buds alert!  Samsung has announced the second-generation Galaxy Buds 2 Pro in tandem with its latest batch of foldables.
Tiyashi Datta / Reuters:
Meta raises $10B in its first-ever bond offering, to fund share buybacks and investments to revamp its business; Meta was the only Big Tech company without debt  —  Facebook-parent Meta Platforms Inc (META.O) said on Tuesday it had raised $10 billion in its first-ever bond offering …
Harri Weber / TechCrunch:
Vancouver-based Hootsuite plans to lay off 30% of its workforce, or an estimated 400 people; PitchBook says the social media marketing startup 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 …
More: GeekWire
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:10 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.

From Mediagazer

Gary Baum / The Hollywood Reporter:
A look at the first “case” brought before Objection, which aims to use AI to evaluate news stories, and a Q&A with Objection's founder; the site is now dark

The News Minute:
Delhi High Court quashes the case against NewsClick on foreign funding, saying investigators failed to establish cheating, conspiracy, or any scheduled offense

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

More News

Kosaku Narioka / Wall Street Journal:
After suffering huge losses, SoftBank plans to reduce its Alibaba stake from 23.7% as of June 30 to 14.6%, raising around $34B in the current quarter
Paul Sandle / Reuters:
Deliveroo reports H1 revenue rose 12% YoY to £1B as its pretax loss widens to £147M, up from £95M in H1 2021, and plans to exit the Netherlands in November

Earlier Picks

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
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
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