Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter
“Bitcoin impairment” prompted the sale, the company said. — Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.
Facebook splits the Feed on iOS and Android into TikTok-style Home, with recommended content, and Feeds, a chronological feed of pages and people users follow
While new Feeds tab will show chronological content from pages you actually follow — Facebook's almighty News Feed is getting split in two... kind of.
Ofcom: TikTok is the fastest growing news source among UK adults, being used by 7%, up from 1% in 2020; 32% use Facebook, 17% use Twitter, and 16% use Instagram
App is used by 7% of adults for news with nearly half turning to TikTokers rather than conventional outlets for updates
Qualcomm unveils the Snapdragon W5 Gen 1 and W5+ Gen 1 chips for wearables, based on 4nm process and debuting in watches from Oppo and Mobvoi
The upgrade we've been waiting for is here. — What you need to know — Qualcomm has announced the Snapdragon W5 platform for wearables.
US DOJ arrests an ex-Coinbase product manager for allegedly leaking insider info about tokens before they were listed; sources: Coinbase won't face charges
US authorities arrested a former Coinbase Global Inc. product manager for allegedly leaking insider information to help his brother …
Google says it will pause hiring for two weeks, except for offers that have already been made, after saying last week it would slow hiring for the rest of 2022
Google said it will pause hiring for two weeks, after saying last week it would slow its pace of hiring for the rest of the year.
Amazon will acquire primary health care provider One Medical for about $3.9B in an all-cash deal
Amazon's interest in healthcare and being a major player in that industry is taking one big step forward today. The company has just announced that it intends to buy One Medical …
Filings: Samsung is considering building 11 new chipmaking facilities in the Austin area over the next two decades; the filings don't commit Samsung to invest
Bob Sechler Kara CarlsonAustin American-Statesman — In what could be the biggest economic investment in Central Texas history …
Amazon spent a record $4.98M on lobbying in Q2 2022, up 2.5% YoY, Google spent $2.77M, up 32% YoY, Microsoft $2.41M, down 2.4% YoY and Apple $1.9M
Amazon.com Inc. spent a record $4.98 million on lobbying during the second quarter of this year as momentum intensified in Congress …
Warner Music Group becomes the first major label to adopt SoundCloud's user-centric payouts instead of the pro rata model used by Spotify
About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group.
Mojang Studios will not support or allow NFTs, as they “create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft”
Minecraft :
A chip teardown shows that China's SMIC is quietly shipping 7nm chips; SMIC is rapidly becoming the world's third largest foundry, behind TSMC and Samsung
The Most Advanced Foundry In The World After TSMC And Samsung — SMIC, China's largest foundry has slowly been catching up to TSMC …
a16z says its HQ will be “in the cloud” and it will open new offices in Miami Beach, New York, and Santa Monica “to be able to physically assemble anywhere”
Since our inception in 2009, Andreessen Horowitz has been a Silicon Valley venture capital firm.
Samsung says it sold nearly 10M Fold3 and Flip3 devices combined over the past year, up 300%+ from 2020; ~70% of foldable customers bought the Flip3
Yesterday Samsung officially confirmed an August 10 event to launch its next batch of foldable smartphones.
Filing: ByteDance spent $2.1M+ on US lobbying on an antitrust bill and other issues in Q2, up 130% QoQ and the first time it has topped $2M in a single quarter
Lauren Feiner / CNBC :
TextExpander, which lets users create customized shortcuts to trigger text-based actions, has raised $41.4M, its first-ever funding since launching in 2007
RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate …
Jason Calacanis says litigation, and possibly criminal charges, await the companies and “grifting” VCs that knowingly flipped crypto tokens to retail investors
Watch out venture capital, the regulators are coming. — That's the warning from long-time angel investor Jason Calacanis … Tweets: @alex , @tracyalloway , @mdudas , @thestalwart , @nouriel , @mliebr...
Blockchain.com says it will cut 25% of its workforce, equal to about 150 people, close its Argentina-based offices, and halt expansion in several countries
The digital assets trading firm said it will shutter its Argentina-based offices and halt its expansion plans in several countries.
Microsoft is eliminating many open job listings, including in its Azure and security units, but plans to honor job offers and make exceptions for critical roles
Microsoft Corp. is eliminating many open job listings, including in its Azure cloud business and its security software unit, as the economy continues to weaken.
Meta, Apple, Microsoft, Google, Twitter, and others register for a license in Indonesia under which they might have to censor content and hand over users' data
Meta, TikTok and Twitter among groups to register for licences under which authorities can censor platforms
Meta's research, published internally in February, reveals Facebook's challenges in India, including that women are shunning it due to safety concerns and more
Meta's internal research reveals challenges in India Many women steered clear of male-dominated Facebook Their concerns included safety …
Airbnb co-founder Joe Gebbia is stepping down from his role at the company, the first of the three original founders to step down, but will remain on its board
- Airbnb co-founder Joe Gebbia announced Thursday he is stepping down from his role at the company.
A look at GPT-3-powered fiction writing tools like Sudowrite, which proposes plot twists, rewrites in specific tones, suggests metaphors, and more
On a Tuesday in mid-March, Jennifer Lepp was precisely 80.41 percent finished writing Bring Your Beach Owl, the latest installment in her series …
Lyft closes its car rental service, which was running in five locations, but will still offer third-party rentals in 30+ locations, as it lays off 60 employees
The company is latest to cut back on staff, adjust businesses amid growing economic concerns — Uber, Lyft and the Crucial Challenge for Profitability in 2022
Amazon announces changes to Alexa, including Routines created and recommended by developers, shopping via skills, coexisting with other assistants, and more
A US House panel votes 53-2 to advance the American Data Privacy and Protection Act, which would affect ad targeting and how tech companies use people's data
Rebecca Klar / The Hill :
WhatsApp rolls out chat migration from Android to iOS and vice versa for all users, requiring Android 5 or above, iOS 15.5 or above, and the Move to iOS app
José Adorno / 9to5Mac :
Dublin-based Fonoa, which makes an automated tax compliance service used by companies like Uber and Zoom, has raised a $60M Series B led by Coatue
Fonoa, a tax automation platform used by companies such as Uber and Zoom, has raised $60 million in a series B round of funding.
An interview with Alexa smart home director Marja Koopmans on how embracing the Matter standard can help Amazon realize its vision of ambient intelligence
Jennifer Pattison Tuohy / The Verge :
Microsoft tests Discord voice chat integration with select Xbox Insiders, as PlayStation users wait for the deep Discord integration that Sony promised in 2021
China fined Didi Global $1.2B after a year-long probe, the regulator said for illegal operations that threatened national security
China fined Didi Global Inc. more than 8 billion yuan ($1.2 billion), wrapping up a year-long probe into the ride-hailing giant that's come …
Stockholm-based Normative, whose software helps companies accurately measure their carbon footprints, has raised a $31M Series B led by Blume Equity
Carbon accounting startup Normative raised 31 million euros ($31.5 million) from investors including Hong Kong tycoon Li Ka-shing …
OpenAI makes DALL-E 2 widely available in beta through a credit-based fee structure; users will get free credits every month and can buy more in $15 increments
·E, the AI system that creates realistic images … Alex Gatewood / KnowTechie : DALL-E 2, the AI that creates images for you, expands beta tests Usama Jawad / Neowin : Powerful AI-based image generator...
15Five, which builds HR software used at Spotify, Credit Karma, and other companies, has raised a $52M Series C led by Quad Partners
15Five — an early mover in the world of building technology to help motivate teams, and to improve performance management for execs overseeing those teams …
The new Google Wallet rolls out to all users with Android 5.2+, available as a separate app in the US and Singapore and as a Google Pay update for others
Jasmine Hicks / The Verge :
War of Heroes, a game from Myanmar-born developers, lets opponents of the country's military coup kill virtual soldiers and raise money for real-life resistance
Richard C. Paddock / New York Times : Tweets: @nytimestech Tweets: @nytimestech : War of Heroes was created by three Myanmar-born developers who left the country before the coup last year. One of the...
Sources: US is probing Huawei over concerns that gear in cell towers could capture sensitive info from military bases and missile silos and transmit it to China
The Biden administration is investigating Chinese telecoms equipment maker Huawei over concerns that U.S. cell towers fitted … Tweets: @iron_man_actual and @mikeelgan Tweets: Tony Stark / @iron_man_ac...
Coinbase says it has no exposure to failed crypto firms Celsius, 3AC, and Voyager but made “non-material investments” in Terraform Labs; stock closes up 14.34%
Experts say chiplet-based designs, which let AMD make a full suite of server chips to compete with Intel, will quickly become a dominant form of chip design
the way their executives tell it. But the approach is getting deployed across the whole industry and has big potential to shake up how the chips of the future work. https://www.protocol.com/...
Meta and Google's content rules are restrictive for many abortion-rights groups worldwide, while abortion ads on Google aren't permitted in dozens of countries
Issie Lapowsky / Protocol : Tweets: @issielapowsky , @rti_digital , @evan_greer , @issielapowsky , @issielapowsky , and @issielapowsky Tweets: Issie Lapowsky / @issielapowsky : Meanwhile on Facebook,...
Baidu's video streaming service iQiyi signs a content deal with Douyin, TikTok's sister app in China, ending a long dispute over alleged copyright infringement
Cissy Zhou / Nikkei Asia :
Shanghai-based JAKA Robotics, which makes collaborative industrial robots that work alongside humans, has raised a $150M Series D led by Temasek and others
Noriyuki Doi / Nikkei Asia :
PitchBook: VCs invested ~$16B in US Series A and B rounds in Q2 2022, down 22% YoY, the biggest decline in early-stage funding since 2010, excluding Q2 2020
Berber Jin / Wall Street Journal :
Volkswagen's software unit Cariad partners with STMicroelectronics to co-develop semiconductors for its cross-brand single software platform
Monica Raymunt / Bloomberg :
Research: Reddit's brand-safety approach to monetization is cautious, labeling all subreddits as no_ads until a manual human review applies some_ads or all_ads
Ryan Barwick / Marketing Brew : Tweets: @alibreland and @ryanbarwick Tweets: Ali Breland / @alibreland : reddit doesn't put ads on r/ska, bc they agree it's not valuable. no money to be made from tho...
Roblox rolls out an update to make its materials look and act more lifelike, overhauling core aspects of the visual toolkit that developers use to make games
Taylor Hatmaker / TechCrunch : Tweets: @tayhatmaker , @hassellof , and @chiefmartec . Thanks: @samanthaspielm1 Tweets: Taylor Hatmaker / @tayhatmaker : I talked to Roblox about its risky new visual o...
Memo: Dan Wright, CEO of enterprise AI startup DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives
Kevin McLaughlin / The Information : Tweets: @cailen , @jrichlive , @theinformation , @jessicalessin , @jessicalessin , and @amir Tweets: @cailen : “he and other senior executives quietly sold $32 mi...
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.