Netflix reports Q2 revenue up 8.6% YoY to $7.97B, vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; stock jumps 7%+ after hours
- Netflix only lost around 970,000 subscribers during the second quarter, a smaller loss than the 2 million it had projected last quarter.
Apple agrees to pay $50M to settle a class-action lawsuit claiming the company knew and concealed that its MacBook butterfly keyboards were prone to failure
Apple Inc (AAPL.O) agreed to pay $50 million to settle a class-action lawsuit by customers who claimed it knew and concealed that the …
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant”
Netflix is angling to win over a new bloc of value-conscious consumers — and help turn around …
Microsoft tests Discord voice chat integration with select Xbox Insiders, as PlayStation users wait for deep Discord integration that Sony promised last year
Your cross-play dreams have come true — Discord and Microsoft are bringing Discord voice calls to the Xbox.
US lawmakers release internal Amazon, Meta, and Google documents that they say show evidence of self-preferencing, as they call for tougher tech antitrust laws
The House Judiciary Committee released new documents Tuesday — New internal documents released Tuesday detail how three …
Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave
Clouds burst as nation hits 40C — Cloud services and servers hosted by Google and Oracle in the UK have fallen offline due …
Google plans to test AR prototypes in public, starting with a few dozen employees and trusted testers in August and ramping up to hundreds by the end of 2022
The camera-enabled assistive glasses won't be able to take photos or video, though. — Scott Stein
Google finds Android spyware, distributed outside the Play Store, that Russians disguised as an app for Ukrainians to launch DDoS attacks against Russian sites
Details were published in a blog post from the Threat Analysis Group, which tracks state-backed cyber activity
Senate votes 64-34 to advance a bill to provide ~$52B in US chip production subsidies, paving way for a larger package that would include additional R&D funding
Significant bipartisan support in first procedural vote signals likely passage of larger package to address chip shortages
Microsoft unveils Viva Engage, a social-community app launching in late August, that brings Stories and other image and video sharing tools to Teams
Microsoft is adding Engage, another new Yammer-based app to its Viva employee-experience platform. Here's what it is for and how Microsoft is positioning it.
An interview with Matthew Ball on his new book about the metaverse, which he sees as the next phase of the internet, Meta's big pivot, AR hardware, and more
Let's talk about the metaverse. — You probably can't stop hearing about it. It's in startup pitches, in earnings reports …
Coinbase says it has no exposure to collapsed crypto firms Celsius, 3AC, and Voyager but made a “non-material” investment in Terraform Labs; stock up 19%+
- Coinbase said in a blog post that it had “no financing exposure” to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
The Delaware Court of Chancery grants Twitter an expedited five-day trial in October in its lawsuit against Elon Musk, who wanted the trial to begin in 2023
The year was 1944. The world was at war. Jon Fingas / Engadget : Judge grants Twitter expedited trial against Elon Musk Insider : Twitter wins first battle in lawsuit with Musk after judge agrees to ...
Singapore-based crypto exchange Zipmex suspends withdrawals, citing “volatile market conditions”
- Southeast Asian crypto exchange Zipmex announced it's halting withdrawals until further notice. — Zipmex joins Celsius, CoinFLEX, Vauld and Babel Finance in freezing client funds amid stresses in c...
Google will let non-gaming Android apps provide alternative billing systems for IAP, reducing Google's Play Store cut by 3%, in the European Economic Area
‘reduced by 3%’ — that both Apple and Google have colluded on, to fool news outlets Tim Sweeney / @timsweeneyepic : Congratulations to Google, fast-following Apple to introduce fake open billing in Eu...
BeReal, the social photo sharing app launched in early 2020 in France, is the No. 1 free app in Apple's US App Store; Sensor Tower: BeReal has 20M+ installs
and inadvertently created one of the most viral memes of the year. Sometimes the most effective marketing is unplanned.
A coalition representing Apple, Meta, and others asks India to amend its proposed IT rules, including allowing a self-regulatory grievance redressal mechanism
An industry group representing several tech giants has requested the Indian government to make a series of changes …
Affinity Credit Union files a proposed class-action complaint in California accusing Apple of illegally profiting from payment card issuer fees via Apple Pay
but jury is out on ultimate assignment Rida Imran / iThinkDifferent : Apple accused of blocking third-party mobile wallets from using ‘Tap to Pay’ payment on iOS Brandon Vigliarolo / The Register : Ap...
Berlin-based Charles, which lets businesses sell products and offer support on messaging apps like WhatsApp, raised a $20M Series A led by Salesforce Ventures
Conversational commerce isn't exactly a new phenomenon, with countless companies using live chats, messaging apps, chatbots …
BitSight: a popular GPS vehicle tracker made by Shenzhen-based Micodus can be easily exploited to track and remotely cut the engines of at least 1M vehicles
Zack Whittaker / TechCrunch : Source: Bitsight .
Crunchbase has raised a $50M Series D led by Alignment Growth and says it has 75M+ unique visitors annually and recently surpassed 60,000 paying customers
In both down times and boom times, businesses across industries are faced with the challenge of building sales pipelines and closing revenue.
Instagram adds a searchable map for exploring nearby popular tagged locations, which can be filtered by restaurants, cafes, beauty salons, and other categories
Searchable map on Instagram Mitchell Clark / The Verge : Instagram's trying to make it easier to find nearby businesses Stephanie Mlot / PCMag : Instagram's New Searchable Map Helps Find Local Hot Spo...
Memo to staff: Meta is reallocating resources from Facebook's News tab and newsletter platform Bulletin, as the company focuses more on the creator economy
to pay Rupert's and the Germans' blackmail, actually—without paying for links. Danny Denhard / @dannydenhard : Most people forget Facebook is ahead of the curve when it comes to who shares, what they ...
Zebedee, which focuses on adding Bitcoin and Lightning payment support in games, raises a $35M Series B led by Kingsway Capital with Square Enix among investors
🌏 Market Overview — Total Cryptocurrency Market Cap ป … Kyt Dotson / SiliconANGLE : Zebedee raises $35M to power blockchain payments in virtual worlds and games Shawn Amick / Bitcoin Magazine : Bitco...
Biden administration to work with private sector in a 120-day sprint to create hundreds of cybersecurity apprenticeship programs to fill out cybersecurity roles
Brian Fung / CNN :
Sources: Neuralink co-founder Paul Merolla left the company in recent weeks, the latest in a string of departures at the Elon Musk-backed brain implant startup
Rachael Levy / Reuters :
FaZe Clan, an esports collective of gamers and content creators, goes public via a $725M SPAC merger, less than the initial ~$1B proposed valuation
FaZe Clan, one of the largest global gaming companies, began trading publicly on the Nasdaq Wednesday, following its merger Tuesday …
Gordian Software, whose API enables airlines to sell flight add-ons like seat selection or additional baggage, has raised a $25M Series A at a $200M valuation
Ariyana Griffin / Forbes :
YouTube rolls out new shopping features, including a Shopify partnership to let eligible US creators and merchants link their Shopify store and YouTube channel
Todd Spangler / Variety :
CTA report: from July 2018 to December 2021, US importers of tech products from China paid $32B+ in extra tariffs that President Trump had imposed
David Lawder / Reuters :
Blockchain security startup Halborn, which works with Coinbase, Solana, Ava Labs, and others, raised a $90M Series A led by Summit Partners
Hannah Miller / Bloomberg :
Memo to staff: health care administration automation startup Olive AI, valued at $4B in July 2021, lays off 450 employees, or ~31%, after ~40 employees left
Erin Brodwin / Axios :
Sources: Sequoia China raised a $9B fund, as others struggled, by realigning its investment themes with China's “politically correct” sectors like chips and AI
Financial Times :
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.