| Osato Avan-Nomayo / The Block: |
Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal — - Eisenberg called the exploit a “profitable trading strategy” and said his actions were legal. — The Mango exploiter said the deal … | Wall Street Journal: |
Internal Meta docs detail its metaverse struggles; Horizon Worlds has ~200K MAUs vs. a 500K goal by the end of 2022; 9% of worlds are ever visited by 50+ people — Most visitors to Horizon Worlds generally don't return after first month; ‘an empty world is a sad world’| Mark Gurman / Bloomberg: |
Sources: Apple plans to launch 11" and 12.9" iPad Pros with M2 in October and is working on a Mac mini with M2, Apple TV with A14, and a low-end iPad with USB-C — Apple's next product launch is just days away. Also: The company withholds new employee benefits from its unionized retail store … | Sam Reynolds / CoinDesk: |
Binance's mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners — The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.| Victoria Gill / BBC: |
The WEEE Forum research estimates that about 5.3B out of 16B mobile phones worldwide will be thrown away in 2022; e-waste will grow to 74M tons per year by 2030 — This year, 5.3 billion mobile phones will be thrown away the international waste electrical and electronic equipment (WEEE) forum says.| The Wire: |
In response to Meta's rebuttal of its XCheck report, The Wire shares a video of a source using a subdomain, DKIM signatures, and more, but experts are skeptical — A point-by-point response to Meta's statement questioning The Wire's story on the ease with which the BJP IT Cell head is able to get Instagram to delete posts he reports.| Hamish McKenzie / On Substack: |
Instead of other newsletter platforms, Substack should be compared to services giving creators direct relationships with fans, like Shopify, Twitch, and Patreon — Or the creator economy, for that matter — When we started Substack in 2017, we told people that we made it simple to start a paid subscription publication.| Ashley Capoot / CNBC: |
Elon Musk claims SpaceX will continue subsidizing Starlink in Ukraine “for free” even though the service is still losing money; SpaceX receives government funds — - Elon Musk said in a tweet Saturday that his company SpaceX would continue to fund Starlink satellite internet terminals … | Simon Owens / Simon Owens's Media Newsletter: |
A look at Spotify's podcast exclusivity strategy, which led to 75% audience drops for some Gimlet shows and caused others, like the Obamas, not to renew deals — The open podcast ecosystem isn't dead yet. — Welcome! I'm Simon Owens and this is my media newsletter.| Cameron Faulkner / The Verge: |
Razer unveils Edge, its gaming handheld with Android 12, a 6.8" 144Hz screen, and Qualcomm's G3x Gen 1 chipset, available for $400 in January 2023 with Wi-Fi 6E — Razer is finally showing off the Edge, its portable Android gaming handheld. Good news: it looks a lot better than the last time we saw it in December 2021.| Drew Harwell / Washington Post: |
A look at TikTok's rise, as US viewers spend longer in the video app than Facebook and Instagram combined, and ongoing issues with its Chinese ownership — The world's most popular app has pioneered a new age of instant attention. Can we trust it? — On the night Shelby Renae … | Tim Bradshaw / Financial Times: |
Fewer than half of the 12+ US and European rapid delivery startups launched in the pandemic are still operating, facing huge losses, a funding drought, and more — As nervous consumers avoided supermarkets during the Covid-19 pandemic, tech entrepreneurs spied a once-in-a-generation opportunity to reinvent the humble grocery run.
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