Instagram says all new video posts under 15 minutes will now be shared as Reels and videos under 90 seconds from public accounts will be recommended to others
And it's combining the Reels / Video section of your profile under one tab — Welcome to the new era of Instagram …
Twitter reports Q2 revenue of $1.18B, down 1% YoY, a net loss of $270M, down from $66M in net income last year, and 237.8M mDAUs, up 16.6% YoY
- Twitter reported earnings for the second quarter on Friday that missed analyst estimates on earnings, revenue and user growth.
Snap Q2: revenue up 13% YoY to $1.11B, vs. $1.14B est., DAUs up 18% to 347M, vs. 344.2M est., net loss of $422M, up from $152M YoY
- Snap missed on the top and bottom lines in its second-quarter earnings report. — The company authorized a stock repurchasing program of up to $500 million.
The SEC lists nine crypto tokens as securities in its insider trading complaint against an ex-Coinbase staffer; Coinbase petitions for rules classifying tokens
- The SEC has arrested and charged a former Coinbase employee with wire fraud. — In the SEC complaint, it mentions nine tokens and says they are all securities.
Twitter says ad revenue grew 2% to $1.08B in Q2 and blames its revenue slide on uncertainty around the Elon Musk acquisition and ad industry problems
Musk is creating ‘uncertainty’ for advertisers — Twitter would have earned more money over the past few months if Elon Musk hadn't been in the picture.
The US DOJ arrests a former Coinbase product manager for allegedly leaking insider info about tokens before they were listed; Coinbase won't face charges
On the evening of Sunday, May 15, 2022, ISHAN WAHI purchased a one-way flight to India that was scheduled to depart the next day shortly before ISHAN WAHI was supposed to be interviewed by Coinbase.” ...
Facebook splits the Feed on iOS and Android into Home, a TikTok-style tab with recommended content, and Feeds, a chronological tab of followed pages and people
FCC chair asks carriers to explain how they use geolocation data, as Congress debates a law that may preempt the FCC from regulating carriers' privacy practices
Inquiry launched as Congress debates bill that could gut FCC's privacy authority. — Federal Communications Commission …
Ukraine says hackers attacked TAVR Media, which operates nine radio stations, to broadcast a fake message that President Zelenskyy was in critical condition
Cyber criminals attacked a Ukrainian company that operates nine “major” radio stations to spread a message that Ukrainian President …
Amazon plans to acquire primary health care provider One Medical, which offers in-person, digital, and virtual services, for about $3.9B in an all-cash deal
Amazon is buying One Medical, the so-called “Netflix of primary care,” for $3.9 billion. Ashley Belanger / Ars Technica : Amazon might own your doctor's office after latest acquisition Bloomberg : Ama...
Snap plans to “substantially reduce” hiring, authorizes a stock repurchase program of up to $500M, and locks in CEO and CTO roles until at least January 1, 2027
Hannah Murphy / Financial Times :
Twitter reiterates its estimate that the average of false or spam accounts represented fewer than 5% of MAUs in Q2
Twitter spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022. — It also said its number of monthly daily users had risen to 237m …
Google Pixel 6a review: a good camera and flagship-class Tensor chip performance, but a slow fingerprint sensor and the 6.1" screen only has a 60Hz refresh rate
Allison Johnson / The Verge :
California approves new rules to let candidates for state and local offices accept cryptocurrency donations if they immediately convert them to US dollars
Candidates for state and local offices in California will soon be able to accept cryptocurrency campaign donations.
A look at Meta's $150M Meta Immersive Learning project, through which it has partnered with Iowa-based VR startup VictoryXR to create 10 “metaversities”
During her inorganic chemistry class at Morehouse College in the spring of 2021, Dr. Muhsinah Morris launched a little experiment.
Hashflow, a DeFi trading app, raised a $25M Series A from Jump Crypto, Wintermute, GSR, and Coinbase's and Kraken's VC arms, among others, at a $400M valuation
The platform uses an asset pricing model that offers interoperability, lower fees and no slippage.
Snap opens down 33% following its Q2 earnings report; Snap stock is down 77% year-to-date
- Shares of Snap fell 35% on Friday, a day after the company reported disappointing second-quarter results. — Snap attributed its results to a challenging economy, slowing demand for its online platf...
Meta's Oversight Board Trust says the company is giving $150M to the trust as part of ongoing financial support, following a $130M contribution in 2019
Today the Oversight Board Trust announced that Meta has made a commitment that provides for ongoing financial support for the Oversight Board. Tweets: @oversightboard , @charlesarthur , @goldman , @vi...
Apple is on track for its biggest year of US lobbying, spending $4.6M in H1 2022, as Tim Cook becomes one of the country's most politically active tech CEOs
Emily Birnbaum / Bloomberg :
Twitch rolls out new moderator tools, including letting channels swap ban lists with up to 30 other channels to collaborate on locking disruptive users out
Taylor Hatmaker / TechCrunch :
Finland-based IQM, which is building on-premises quantum computers for supercomputing data centres and research labs, raises a €128M Series A2
Megha Paul / Tech.eu :
a16z moves its HQ to be “in the cloud” and plans to open offices in Miami Beach, New York, and Santa Monica “to be able to physically assemble anywhere”
YouTube stops allowing misinformation about the safety of an abortion procedure and potentially unsafe instructions about how to self-induce an abortion
Instagram-based thrift stores in India, Bangladesh, Pakistan, and Nepal are making used clothes popular, even desirable, among young shoppers
Rest of World : Tweets: @fogginsophie , @cengizyar , and @itikaspunit Tweets: Sophie Foggin / @fogginsophie : Years ago, running a successful thrift store would have been unthinkable in most of South...
Nearly 200 US rural carriers are saddled with old Huawei and ZTE gear they can't afford to remove; promised Congress funds are coming too slow and aren't enough
but they're still short $3 billion I talked to companies caught in the middle of this years-long rip-and-replace process https://www.politico.com/...
Paris-based Contentsquare, which offers web and app analytics to businesses, raised a $400M Series F and $200M in debt, doubling its May 2021 valuation to $5.6B
Kyle Wiggers / TechCrunch :
Whatnot, a livestreaming shopping service for buying and selling collectibles, has raised a $260M Series D at a $3.7B valuation, up from $1.5B in September 2021
Christine Hall / TechCrunch :
Theator, which uses AI to analyze video captured during surgeries and provide insights, raised $24M led by Insight Partners, bringing its Series A to $39.5M
Ingrid Lunden / TechCrunch :
ClassDojo, a school communications app, raised a $125M Series D at a $1.25B valuation in September 2021 and plans to launch a kids virtual space in August 2022
Alex Konrad / Forbes : Thanks: @alexrkonrad
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.