Techmeme
August 11, 2021, 10:45 AM

Top News

YouTube:
Livestream of Samsung's Galaxy Unpacked event  —  #SamsungUnpacked is LIVE on August 11, 2021.  Watch how it all unfolds.  Learn more: http://www.samsung.com To view the YouTube streams on a desktop or laptop computer you'll need:  • Most recent version of Google Chrome, Firefox, MS Edge or Safari
Ben Schoon / 9to5Google:
Samsung announces Galaxy Z Flip3 with a 120Hz, 6.7-inch internal display, plus a 1.9-inch panel, and Snapdragon 888, starting at $999, shipping August 26  —  One of the first thoughts around foldable smartphones is a high price tag, but that tune is changing.
Chris Welch / The Verge:
Samsung announces Galaxy Z Fold3 with a 120Hz, 7.6-inch primary screen, S Pen support, and IPX8 water resistance, on sale starting August 27 for $1,799  —  The flagship foldable now has a 120Hz cover screen  —  It's August, and today is Samsung's latest big Unpacked event.
Jon Porter / The Verge:
Wolfie Zhao / The Block:
Attacker who stole $611M from Poly Network starts returning the money, now $256M+ in USDC, BTCB, SHIBA, and others, after saying they were “ready to surrender”  —  Quick Take  — Poly Network attacker has started returning the funds that were stolen in the largest DeFi hack to date.
Tim Copeland / The Block:
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw  —  Quick Take  — Cross-chain protocol Poly Network has been hacked for $611 million.  — The team behind the protocol …
Steve Dent / Engadget:
Instagram introduces anti-hate speech tools to let users limit comments and requests on popular posts, following abuse towards England soccer players  —  Instagram has introduced new features called Limits and Hidden Words designed to reduce hate and abuse on trending posts, the company  —  announced.
New York Times:
A look at the multi-year effort by English soccer organizations to push Facebook to crack down on hate speech against players, intensifying during Euro 2020  —  For more than two years, soccer officials pushed the social network to limit the invective.  As a new season begins, the hate continues.
Elizabeth Culliford / Reuters:
Facebook says it has removed a network of accounts from Russia linked to a UK marketing firm that pushed anti-vaccine content using Planet of the Apes memes  —  Facebook (FB.O) said on Tuesday it had removed a network of accounts from Russia that it linked to a marketing firm which aimed …
Reed Albergotti / Washington Post:
Court docs: Apple settles its 2019 lawsuit against Corellium over Corellium's “virtualized” iPhone business; Corellium says it still sells virtual iOS devices  —  Apple accused Corellium of violating its copyrights with virtual iPhones used for security research
Frank Konkel / Nextgov:
Source: the NSA awarded a secret cloud computing contract worth up to $10B to AWS; Microsoft has filed a bid protest with the GAO in response  —  Much of the NSA's most prized intelligence data may be moving to the cloud.  —  The National Security Agency has awarded a secret cloud computing contract worth …
Filipe Espósito / 9to5Mac:
Internal iOS 15 code and animations show Apple will let users link AirPods to the Find My network; the headphones will use Bluetooth to show a location  —  Apple has announced multiple new features for AirPods users with iOS 15, which includes Conversation Boost for AirPods Pro and true Find My support for the first time.
Packy McCormick / Not Boring:
NFTs blur the line between social and financial capital and dismissing them is akin to missing the importance of status while analyzing social networks  —  Analyzing NFTs as Social Networks Using the Status-as-a-Service Framework  —  The DEAD followed me across Twitter all weekend.
MacKenzie Sigalos / CNBC:
Coinbase reports $2.23B in Q2 revenue, vs $1.78B est., and net profit of $1.6B, up nearly 4,900% YoY, following volatile stretch of cryptocurrency trading  —  - In Q2, Coinbase brought in $2.23 billion of revenue vs. $1.78 billion expected by Refinitiv.  — It also reported a profit per share of $6.42.
Bloomberg:
In a statement, China signals sweeping regulation of its tech industry will last until at least 2025 to ensure the “healthy development” of new business models  —  China signaled its push to regulate sweeping parts of the economy, which has jolted markets, will be deep and sustained over the next five years.
Nikhilesh De / CoinDesk:
BitMEX announces a $100M settlement with the CFTC and FinCEN over shortcomings in its anti-money laundering and know-your-customer oversight systems  —  Crypto derivatives trading platform BitMEX announced Tuesday it had reached a settlement on civil charges with U.S. authorities.
Stephen Shankland / CNET:
Facebook open sources Time Card, its PCIe-based timekeeping tool that uses atomic clocks and navigation satellites to keep devices and data centers in sync  —  The social network giant gives away its hardware and software designs that can keep data centers humming efficiently.
Catalin Cimpanu / The Record:
Kyle Wiggers / VentureBeat:
OpenAI debuts a private beta for Codex, an API for turning natural language into code of one of over a dozen coding languages; Codex powers GitHub's Copilot  —  Watch now.  —  OpenAI today released OpenAI Codex, its AI system that translates natural language into code, through an API in private beta.
Ian King / Bloomberg:
Research shows semiconductor chip lead times slipped to 20.2 weeks in July, up by eight days over June, which was already the longest wait time since 2017  —  The amount of time it's taking for chip-starved companies to get orders filled has stretched to more than 20 weeks …
Katherine Chiglinsky / Bloomberg:
Upgrade, a digital bank focusing on personal loans and credit cards, raises $105M led by Koch Disruptive Technologies at a $3.3B valuation  —  Upgrade Inc., a lending startup that counts former LendingClub Corp. executive Renaud Laplanche as a co-founder, raised $105 million in a funding round …

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