Sony reports Q1 revenue up 33% YoY to $20.7B, PS5 sales up 38% YoY to 3.3M, operating income down 31% YoY to ~$782M, and expects to sell 25M PS5s by March 2024
Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line …
X begins making ad revenue payouts to smaller creators, after releasing payments to thousands of select accounts; how payouts are calculated remains unclear
‘$8 to make $370 is a fantastic ROI for something I do anyway,’ one creator tweeted. … X is finally paying smaller creators …
Intel fixes a flaw found by a Google researcher that could let attackers steal passwords and other secrets, affecting Skylake, Tiger Lake, and Ice Lake chips
The vulnerability could allow attackers to take advantage of an information leak to steal sensitive details like private messages, passwords, and encryption keys.
Gizmodo EIC Dan Ackerman sues Apple, the Tetris Company, and others, claiming they adapted his book about Tetris into a feature film without his permission
Dan Ackerman, editor in chief of the tech-news website Gizmodo, filed a lawsuit in Manhattan federal court on Monday accusing Apple …
Take-Two reports Q1 net revenue up 17% YoY to $1.28B, net bookings up 20% YoY to $1.2B, and forecasts $8B in bookings for the next fiscal year, hinting at GTA 6
Take-Two Interactive Software Inc., the company behind video games like Grand Theft Auto, rose in extended trading …
Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss
The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash
Dutch engineer Bram Moolenaar, who in 1991 released and then maintained the very popular Vim open-source code editor, died on August 3 at 62
The open source software legend left us on August 3 at age 62. — Computing as we know it today was built in no small part by individuals …
YouTube plans to stop showing users recommended videos in some places when watch history is turned off entirely, including the homepage
Recommended videos keep users engaged on YouTube, but starting today, YouTube will stop showing recommended videos in some places, such as the homepage …
The US Federal Reserve launches a program for overseeing banks' crypto activity and clarifies its pre-approval process for engaging with stablecoins
Fresh crypto guidance from the U.S. central bank doesn't represent a departure from previous policy, but it provides more details on what the Fed expects from banks.
Slack announces its biggest-ever redesign, catering to power users, adding a new Home section, a new sidebar on the left, a new DMs section, and Activity window
Slack is many things. Which is kind of the problem. … Eventually, that even affects the “talk to your team” part of Slack …
Google finally adds native translate capability to its Gmail app on Android, available now, and on iOS, rolling out in the coming weeks
Google is finally adding a native translate capability to Gmail for Android and iOS after long supporting it on the web client.
Sources: ex-FTX Digital Markets co-CEO Ryan Salame is in talks with prosecutors to plead guilty to criminal charges and may enter a plea as soon as September
- Ryan Salame was the co-chief executive of FTX Digital Markets — Salame would be fourth former FTX executive to plead guilty
In its Q1 report, Sony, the world's largest camera sensor supplier, pushes back expectations for a smartphone market recovery to 2024 at the earliest
- The camera sensor leader had anticipated second-half recovery — Sony warns that conditions are tough in China and the US
CCDH: ChatGPT, Bard, My AI, DreamStudio, Dall-E, and Midjourney generated “pro-anorexia” content 41% of the time when asked about common eating disorder topics
Disturbing fake images and dangerous chatbot advice: New research shows how ChatGPT, Bard, Stable Diffusion …
China plans to require app developers to file business details with the government or face sanctions from March 2024, likely creating headaches for developers
China will require all mobile app providers in the country to file business details with the government, its information ministry said …
Interpol shutters Indonesia-based “phishing-as-a-service” platform 16shop, used to create 150K phishing pages, compromising at least 70K people in 43 countries
A joint operation between Interpol and cybersecurity firms has led to an arrest and shutdown of the notorious 16shop phishing-as-a-service (PhaaS) platform.
Aptos Labs partners with Microsoft to build a ChatGPT-powered Aptos Assistant and plans to host validator notes on Azure; GitHub will add Aptos' Move to Copilot
Since the A.I.-hype train reached full speed earlier this year, there's been no shortage of crypto entrepreneurs trying to get a piece of the action.
A look at Def Con's White House-backed Generative Red Team Challenge, where contestants try to make AI chatbots go rogue; the results will be sealed for months
Chatbots can be biased, deceptive or even dangerous. Hackers are competing to figure out exactly how.
Roblox reports Q2 revenue up 15% YoY to ~$681M, bookings up 22% YoY to $780.7M, vs. $785M est., and a $282.8M net loss; DAUs up 25% YoY to 65.5M; RBLX drops 9%+
- Shares of Roblox fell Wednesday after the company reported second-quarter results that missed analysts' expectations on top and bottom lines.
A look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success
Indian tech entrepreneur Kesavan Kandadai has many accomplishments under his belt: launching Amazon Prime Video in India and founding … X: @restofworld , @vickiturk , @restofworld , @russellbrandom , ...
Sex workers who relied on crypto for storing wealth and accepting payment, bypassing the banking system entirely, are finding the limits of crypto's utility
Banks and payments companies have long penalized sex workers. Many thought crypto would be a solution, but now exchanges are dumping them too. X: @jessicavanmeir , @mintstarsreal , @mikestabile , @mi...
Nvidia unveils the GH200 Grace Hopper Superchip, a combination GPU and CPU relying on high-bandwidth memory 3, or HBM3e, expected to enter production in Q2 2024
El Salvador grants Binance two licenses, letting the company process crypto payments and offer custodial services, digital wallets, and a digital asset exchange
Exchanges Clash Over Who Pioneered El Salvador's Cryptospace Siamak Masnavi / CryptoGlobe : Binance Achieves a Regulatory Breakthrough in El Salvador Sarah Jansen / crypto.news : Binance gets fully li...
Q&A with AWS CEO Adam Selipsky on cloud competitors, layoffs, AI, Nvidia, the Trainium and Inferentia chips, the Amazon Bedrock library of AI models, and more
Today, I'm talking with Adam Selipsky. He's the CEO of Amazon Web Services, or as it's usually called, AWS. AWS is quite a story. X: @johnwilson and @verge . LinkedIn: Rafael Brown X: @johnwilson : ...
Google renames “in-stream ads” to “skippable ads”, to “more accurately describe the ad format”, after an Adalytics report accused YouTube of misleading buyers
Catherine Perloff / Adweek : X: @catherineperlo1 , @judspencer , and @alexbeaurepaire X: Catherine Perloff / @catherineperlo1 : New: Google changed the name of one of their ad products this week, rem...
Google updates Messages with group end-to-end encryption and turns RCS on by default for new and existing users, but some have to agree to their carrier's ToS
Abner Li / 9to5Google :
The US Commerce Department says 460+ companies have expressed interest in winning some of the $52.7B CHIPS Act subsidy funding, which includes $39B for chips
The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed interested in winning government …
The SEC fines 11 Wall Street firms $289M total for poor recordkeeping by using apps including Signal, WhatsApp, and iMessage; CFTC fines four banks $260M total
Nikon reports Q1 revenue up 8.6% YoY to ~$1.1B, profit down 78.6% YoY to ~$23M, and shipping four lithography machines, vs. eight in 2022; NINOY drops 5%+
- Nikon supplies mature chipmaking machines to Intel, TSMC — Chip industry sales have been hit by glut, economic headwinds
Netflix releases a game controller iOS app on the App Store to let users play Netflix games on their TV; the app's description says the feature is “coming soon”
this is coming to your TV Pranav Dixit / Business Today : Netflix launches game controller app for iPhone; playing games on TV possible soon? Amanda Yeo / Mashable : Netflix has quietly released a gam...
Google debuts Project IDX, an AI- and browser-based developer environment using the open-source Visual Studio Code and integrating Google's PaLM 2-based Codey
I'm so excited to finally be able to talk about what I've been working on this past year — Project IDX ( https://idx.dev/) https://developers.googleblog.com/ ... 🧵 Forums: BeauHD / Slashdot : Google ...
In Kenya, TikTok's most active African country, creators make money hosting protest livestreams, which protesters say help them stay safe from police violence
@restofworld https://restofworld.org/... Victoria Crandall / @tori_crandall : Very interesting @RestofWorld piece by @gengetonedon. 54% of Kenya's internet users are on TikTok. Nearly 1/4 rely on the ...
Samsung Galaxy Watch 6 review: better battery, slimmer bezels, Wear OS 4, and overall improvements, but few changes, pricier, and works best with Samsung phones
India's upper parliament passes the Digital Personal Data Protection Bill, including up to $30M fines and child wellbeing rules; President Murmu must approve it
Manish Singh / TechCrunch :
Lyft CEO David Risher says the company is trying to end surge pricing as “riders hate it”; higher driver supply cut the share of surge pricing rides by 35% QoQ
Rebecca Bellan / TechCrunch :
Verizon plans to sunset BlueJeans, a business-focused video conferencing app the company acquired in 2020, on August 31, due to “the changing market landscape”
Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Threads: Dare Obasanjo / @carnage4life : Verizon is shutting down the Zoom competitor it purchased for $400 milli...
Unity releases some Wētā FX's 2D and 3D tools, like Wig 1.0 for simulating hair and fur and Eddy 3.0, into public beta under its new Unity Wētā Tools division
Jess Weatherbed / The Verge :
NetChoice and the Chamber of Progress back TikTok's lawsuit to stop a Montana law meant to ban the app on January 1, 2024; a hearing is set for October 12, 2023
David Shepardson / Reuters :
Coupang reports Q2 revenue up 16% YoY to $5.8B, a $145M net income, up from a $75.4M loss in Q2 2022, and plans to expand in Taiwan after a year of profits
Kate Park / TechCrunch :
India-based Credgenics, which provides an online service that helps banks collect on debt, raised $50M led by Accel and Westbridge Capital at a $340M valuation
Alex Gabriel Simon / Bloomberg :
Analysis: Tencent's Sogou Input Method, the top Chinese character inputting tool in China with 450M+ MAUs, had since-fixed data-leaking flaws in its encryption
We urge Sogou Input Method users to immediately update to the most recent version of the app (at least Windows version 13.7, Android version 11.26, or iOS version 11.25). X: @russellbrandom , @citizen...
Sources: Bengaluru-based fantasy sports startup Mobile Premier League, valued at $2.2B, cuts ~50% of its staff, after India announced a 28% online gaming tax
TechCrunch :
Singapore-based Endowus, which operates a digital wealth management platform, raised $35M from Citi Ventures, MUFG, and others, taking its total funding to $95M
I'm thrilled to share that Endowus has secured another USD$35 million …
Sources: Google and UMG are in talks to license artists' melodies and voices for AI-made songs; goals include making a tool for fans and paying copyright owners
Financial Times :
Toast reports Q2 revenue up 45% YoY to $978M, vs. $943M est., and a positive free cash flow of $39M, for the first time since the company's IPO; TOST jumps 15%+
Emily Bary / MarketWatch :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
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.