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August 31, 2022, 10:30 AM
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| Alex Heath / The Verge: |
Sources: Snap plans to start laying off ~20% of its 6,400+ employees on August 31, 2022, including cuts to its hardware group; Snap stock is down ~80% in 2022 — Snap's stock price has declined nearly 80 percent this year — Snap is planning to lay off approximately 20 percent …
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Gizmodo, New York Times, Financial Times, Ad Age, Insider, PetaPixel, TechCircle, Social Media Today, BGR India, SiliconANGLE, 9to5Mac, Transistori, dot.LA, Variety, Engadget, CNBC, New York Post, Android Headlines, Reuters, The Information, and Barron's Online
| Alex Heath / The Verge: |
Memo: on top of cutting 20% of its staff, Snap is canceling its original shows, in-app games, and several other projects; layoffs could save $500M annually — Snapchat's original shows, in-app games, and camera drone are no more — Snap is laying off around 20 percent of its more than 6,400 employees …
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TechCrunch, Deadline, Bloomberg, Fortune, Axios, Wall Street Journal, CNBC, The Hollywood Reporter, and Insider
Tweets: @sarafischer, @sarthakgh, @tuviae, @sarafischer, and @alexeheath
| Alex Heath / The Verge: |
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9to5Mac, The Economic Times, Axios, The Hollywood Reporter, Deadline, ExchangeWire.com, Reuters, Next TV, Reuters, Variety, and Wall Street Journal
Tweets: @pt, @epro, @deancollins, @carnage4life, @tim_bays, and @alexeheath
| Mat Di Salvo / Decrypt: |
Crypto.com sues an Australian woman after erroneously sending her AU$10.5M in May 2021 when she requested a AU$100 refund; the woman allegedly bought a house — A woman asked for a $100 refund from the crypto platform but instead received $10.5 million—and then went on a spending spree, according to reports.
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PCMag, 7NEWS, TICKER NEWS, The Verge, Cointelegraph, Fortune, The Guardian, Coinspeaker, CryptoPotato, crypto.news, Web3 Is Going Just Great, Bitcoinist.com, Input, Watcher Guru, and Cryptonews
Tweets: @joshgnosis, @kantrowitz, @mikeelgan, @caseynewton, @pt, @abstractcode, @chrisfralic, @quinnypig, @alexhern, @alexhern, @geek_news, @yo, @paul_karp, @riptari, @alexhern, and @jamespmcleod
| Monica Chin / The Verge: |
Asus Zenbook 17 Fold review: foldable OLED display with a comfortable keyboard and professional look, but $3,500 is expensive and there are software glitches — It's a 17-inch foldable that actually works — Ever since Samsung Display showed off a 17-inch foldable OLED screen last May …
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PCMag, XDA Developers, 9to5Mac, XDA Developers, Android Authority, Tech Advisor, CNET, Tom's Hardware, TechPowerUp, Windows Experience Blog, Digital Trends, Wired, Pocket-lint, Tom's Guide, Notebookcheck.net, and Trusted Reviews
Tweets: @danackerman, @danackerman, and @pierce
| Bloomberg: |
Apple's VP of Corporate Development Adrian Perica has quietly left Didi's board; Perica joined the board in 2016 after Apple's $1B investment in Didi — An Apple Inc. executive has left the board of Didi Global Inc., as the Chinese ride-hailing company struggles to regain ground …
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DiDi Global, MacRumors, 9to5Mac, AppleInsider, Apple Must, and Patently Apple
Tweets: @markgurman, @pelstrom, and @sarthakgh
| Anton Shilov / Tom's Hardware: |
Jon Peddie Research: discrete and integrated GPU sales fell 14.9% QoQ in Q2 2022; Nvidia's sales fell 25.7% QoQ, AMD's fell 7.6% QoQ, and Intel's fell 9.8% QoQ — Shipments of discrete desktop graphics cards down to two-year low. — Sales of graphics processing units — discrete and integrated …
Source:
Jon Peddie Research. More:
TechRadar, TechSpot, TechPowerUp, and Wccftech. Tweets: @jonpeddie
| Josephine Wolff / Wired: |
Cyber insurers are failing to reduce companies' cyber risk exposure and to cover breached firms' costs after state-sponsored cyberattacks that fall short of war — Cyberinsurance doesn't cover acts of war. But even as cyberattacks mount, the definition of “warlike” actions remains blurry.
More:
Slate and Financial Times
| Jesse Hamilton / CoinDesk: |
a16z releases a set of free “Can't Be Evil” licenses for NFTs, inspired by Creative Commons, available on GitHub — Andreessen Horowitz's crypto arm is releasing a free licensing system, aiming to help the NFT sector fulfil its “economic potential.”| Ivan Mehta / TechCrunch: |
Live Nation's Ticketmaster partners with Dapper Labs to release ticket NFTs on the Flow blockchain and expands its NFL partnership for NFTs to 100 games — Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs.
More:
Decrypt and Sports Business Journal
| Juli Clover / MacRumors: |
Apple debuts Xcode Cloud subscriptions for developers for up to $400/month; 25 compute hours per month is free until the end of 2023 and $15/month afterward — Apple today announced that developers can purchase subscriptions to Xcode Cloud, a continuous integration and delivery service that's built into the Xcode app.
More:
Apple Developer, XDA Developers, Neowin, 9to5Mac, and AppleInsider
| Will Oremus / Washington Post: |
Twitter's Elon Musk takeover saga has only amplified its problems, which stem from a broken business model at odds with the platform's freewheeling nature — Its ill-fated foray into adult content is emblematic of an unpoliceable platform — and a broken business model| Naomi Nix / Washington Post: |
Researchers: self-harm posts are on the rise on Twitter, including graphic photos and high engagement; one hashtag grew to 30,000 tweets by July 2022 — Self-harm related hashtags have increased roughly 500 percent since October, a new report says — A Twitter user in apparent distress turned …
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Network Contagion Research Institute, Ars Technica, and The Hill
Tweets: @alexwgoldenberg, @ncri_io, @malbertnews, @psychrabble, @ncri_io, and @ncri_io
| Bloomberg: |
China's punishing tech crackdown has undercut the industry's position as the largest and most sought-after employer, leading to high graduate unemployment rates — When Xi Jinping tightened the screws on China's technology industry last year, he escalated a jobs crisis for the youngest …
Tweets: @tommackenzietv, @angelazhanghk, and @nerysinchina
| MK Manoylov / The Block: |
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, the NFT project Moonbirds Mythics launching in 2023, and a DAO to license Moonbirds' name — - Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
More:
Future PROOF, Decrypt, CoinDesk, Cointelegraph, nft now, and PROOF on YouTube
Tweets: @proof_xyz, @nassyweazy, @alexisohanian, @azfnft, @sriramk, @collab_currency, and @alexisohanian
| ProPublica: |
An investigation details a huge Instagram verification scheme using fake profiles on Spotify, Apple Music, and more; Meta removes badges from 300+ accounts — ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they're published.| Jack Stebbins / CNBC: |
Royal Caribbean Cruises partners with SpaceX's Starlink to offer internet onboard all its ships; installations are scheduled to be completed in early 2023 — - Royal Caribbean Cruises will begin offering onboard internet via SpaceX's Starlink satellite network.
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ZDNet, Royal Caribbean Group, PCMag, Engadget, Telecoms.com, Digital Trends, BBC, TechCrunch, TESLARATI, Space.com, SpaceNews, Dow Jones Newswires, The Verge, Insider, and Reuters
Tweets: @elonmusk, @jcoviedo6, @thesheetztweetz, and @emot
| Simon Sharwood / The Register: |
Japan's digital minister Taro Kono pledges to rip up rules that require floppy disks and CD-ROMs to be used when sending data to the government — Digital minister will drive change because, in theory, uploading info to government isn't allowed — Japan's digital minister Taro Kono … Sponsor Posts
Command Line:
What will the next generation of developers do when AI writes the code? — Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
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Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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