Note: Techmeme is hiring part-time editors. Apply here or tell a friend!
Techmeme
August 12, 2022, 8:30 PM

Top News

Salvador Rodriguez / Wall Street Journal:
Sources: before ATT, Apple and Meta discussed revenue-sharing deals, such as Apple taking a cut of “boosted posts” via IAP and an ad-free Facebook subscription  —  The two tech giants discussed revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook
Andrew Rummer / The Block:
Dutch authorities arrest a Tornado Cash developer suspected of financial crimes through the crypto mixer, two days after the US sanctioned the service  —  - Dutch authorities arrested a developer suspected of involvement in Tornado Cash on Wednesday, two days after the US government sanctioned the crypto mixing service.
Patrick Coffee / Wall Street Journal:
Memo: meditation app Calm laid off 20% of its staff; sources say Calm employed ~400 people and approximately 90 were laid off; Calm had a $2B valuation in 2020  —  Cuts hit marketing department at tech ‘unicorn’  —  Calm.com Inc., maker of popular meditation and wellness app Calm …
Debby Wu / Bloomberg:
Sources: Apple tells its assemblers to make 90M of its newest iPhones, on par with 2021; IDC expects the smartphone market to shrink 3.5% in 2022  —  Apple Inc. has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele …
Casey Newton / Platformer:
Sources detail Meta's challenges in building encrypted messaging products, including users' apathy toward encryption, which could change with Roe overturned  —  The company is moving quickly to make Messenger more secure — but selling it to average users could prove to be a challenge
Bloomberg:
Samsung's Jay Y. Lee, who spent 18 months in prison for bribery, wins a pardon from South Korea's President, letting him regain his company leadership role  —  Samsung Electronics Co. Vice Chairman Jay Y. Lee won a presidential pardon from graft charges, allowing him to formally take the helm …

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Warp:
The #1 Coding Agent  —  #1 on Terminal-Bench.  71% on SWE-bench Verified.  Trusted by 600K+ devs.  Try the top agentic dev tool for $1 for 1st month with code TECHMEME.
Zoho:
Boost technician productivity on the go with the Zoho FSM mobile app  —  Life on the move: Inside a technician's daily workflowIn field service, unpredictability is part of the job.  One moment, a technician is on schedule.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
Can The Web Survive Generative AI? -- With Matthew Prince
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.
Tech Brew Ride Home:
AI Business Bigger Than The Smartphone Business?
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
Hard Fork:
GPT-5 Backlash + Perplexity C.E.O. Aravind Srinivas on the Browser Wars + 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.
Decoder with Nilay Patel:
The head of ChatGPT on AI attachment, ads, and what's next
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
The one question that saves product careers | Matt LeMay
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Warm intros and hot takes: It's time to get ready for fundraising season
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:30 PM ET, August 12, 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

Sarah Donaldson / Wall Street Journal:
The Guardian:

Earlier Picks

Sean Hollister / The Verge:
John D. McKinnon / Wall Street Journal:
Vishal Chawla / The Block: