Hackers drain nearly the entire $190.7M in crypto from the Nomad token bridge, which raised an April 2022 seed from Coinbase, OpenSea, and five other companies
Hundreds of potential exploiters appear to have drained all of the bridge's $190 million in TVL in just a matter of hours. — 57 Total views
Samsung launches its repair program in partnership with iFixit, covering Galaxy S20, S21, and Tab S7+; S22 flagships are not supported and repairs are limited
But not its latest phones and tablets — Samsung and Fixit have launched their repair program that lets Galaxy S20, S21 …
Sources: Adam Mosseri plans to temporarily relocate to London and build out Instagram's presence over the coming months at Meta's King's Cross offices
UK capital will effectively become social media app's base as parent Meta battles TikTok — Instagram head Adam Mosseri is moving to London …
Legal docs: in its Elon Musk lawsuit, Twitter subpoenaed info about Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis, others
Twitter has subpoenaed information about elite Silicon Valley investors Chamath Palihapitiya, David Sacks, and Steve Jurvetson
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, and a $2.6B net loss; mobility gross bookings rose 57% YoY to $13.4B; stock jumps 10%+
- Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a revaluation of stakes in Aurora, Grab and Zomato.
CloudSEK researchers find 3,207 mobile apps exposing Twitter API keys to the public, potentially letting hackers take over associated users' Twitter accounts
Cybersecurity researchers have uncovered a set of 3,207 mobile apps that are exposing Twitter API keys to the public … Source: CloudSEK .
As TikTok grows in the Middle East and North Africa, its regional content moderators complain of psychological distress and pay of around $2 to $3 per hour
- As TikTok gains in popularity in the Middle East and North Africa, it's ramping up its content moderation operation in the region.
The CXL consortium plans to absorb the OpenCAPI consortium's assets and standards, setting CXL to become the dominant server CPU-to-device interconnect standard
With the 2022 Flash Memory Summit taking place this week, not only is there a slew of solid-state storage announcements in the pipe … Source: GlobeNewswire News Room .
iOS 16 beta 4 finally adds support for Apple Pay in non-Safari browsers like Chrome, Firefox, and Edge, possibly in response to the EU's Digital Markets Act
but not on MacBooks Matt Swider / The Shortcut : iOS 16 shows Apple Pay in Google Chrome. Why it's a big deal for both users - and Apple Joe Wituschek / iMore : Apple Pay may soon work on Chrome, Edge...
New York's Department of Financial Services fines Robinhood's crypto unit $30M for allegedly violating anti-money laundering and cybersecurity regulations
The New York State Department of Financial Services alleges that Robinhood violated anti-money-laundering and cybersecurity regulations
Source: Uber plans to sell its 7.8% stake in Indian food delivery firm Zomato for $350M+, after assuming an unrealized loss of $707M on the investment in Q2
Uber plans to sell its 7.8% holding in Indian food delivery firm Zomato as early as Wednesday, a source familiar with the matter told TechCrunch.
The Chips and Science Act bars companies that get US federal funding from adding production of advanced chips in China, impacting Intel, TSMC, and others
As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat …
An interview with OnlyFans CEO Ami Gan on adapting to the role, addressing safety concerns, embracing adult creators, plans to grow the platform, and more
When Amrapali “Ami” Gan became CEO of OnlyFans in December 2021, she wasn't just stepping into a bigger job than her previous position … Tweets: @mikestabile , @raisabruner , @amrapaligan , and @erict...
IDC reports global Chromebook shipments fell 51.4% YoY to 6M units in Q2 2022, still above pre-pandemic levels, and tablet shipments rose 0.15% YoY to 40.5M
Sabrina Ortiz / ZDNet : Source: IDC .
Investigation: the US organ donation network relies on manually inputting data and aging software with programming mistakes, leading to periodic system failures
SEC filing: Sheryl Sandberg stepped down as Meta COO on August 1 and will remain a Meta employee through September 30, 2022
Paul Sawers / TechCrunch : Source: SEC.gov .
Pinterest reports Q2 revenue up 9% YoY to $666M, vs $667M est., global MAUs down 5% YoY to 433M, vs 431M est., and a net loss of $43M; stock jumps 20%+
Jonathan Vanian / CNBC : Source: Pinterest .
Amazon says its 2021 carbon footprint rose 18% YoY and 40% from 2019 to ~71.54M metric tons of CO2 equivalent, despite its plans to be “net zero carbon” by 2040
Matt Day / Bloomberg :
Volkswagen's Cariad unit orders lidar sensors and software from Innoviz, worth around $4B, according to Innoviz's CEO; Innoviz already has a deal with BMW
Gabrielle Coppola / Bloomberg :
Activision Blizzard reports Q2 revenue of $1.64B, down from $2.3B YoY, vs $1.57B est., $280M net income, down from $876M YoY, and 361M MAUs, down from 408M YoY
Wallace Witkowski / MarketWatch : Source: Activision Blizzard - Investor Relations .
Leaked docs: how Roblox handles child grooming, automatic image scanning, mass shooting simulators, and more; Roblox says it has 2,600+ working on moderation
Joseph Cox / VICE : Tweets: @karlssonmax , @motherboard , @josephfcox , @motherboard , and @motherboard Tweets: Max V Karlsson / @karlssonmax : “ “Should we consider a text filter block on the word ‘...
Pennsylvania-based Savana, which builds architecture tools for legacy banks, raised a $35M Series A led by Georgian Capital Partners and $10M debt
Kyle Wiggers / TechCrunch :
A US federal judge rules Visa must face a lawsuit alleging it is liable for the distribution of child sex abuse material on Pornhub and other MindGeek websites
As some US tech investors and startups hunker down in the market downturn, others continue as normal; PitchBook: Q2's average deal sizes are at record levels
though most like to claim their own funds were able to sidestep the worst of the excesses” https://www.ft.com/... Myles Udland / @mylesudland : Fun to look at this chart and think about how the ventur...
Microsoft extends the useful life of its cloud server assets from four to six years, citing improved efficiencies and tech, and expects to save $3.7B in FY 2023
Simon Sharwood / The Register : Tweets: @ron_miller Tweets: Ron Miller / @ron_miller : Great example of digging into earnings data to find a deeper story. Microsoft extends life of cloud servers to s...
Global Payments plans to acquire fintech peer EVO Payments for nearly $4B, a 24% premium on EVO's last closing price, and expects the deal to close by Q1 2023
Niket Nishant / Reuters :
New York-based Arena, which uses AI to help businesses make decisions in “uncertain” environments, raised a $32M Series A led by Initialized and Goldcrest
Kyle Wiggers / TechCrunch : Tweets: @quinnypig Tweets: Corey Quinn / @quinnypig : “Yes, there's a looming recession, but the algorithm says you should invest in us.” https://twitter.com/...
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.