Techmeme
July 4, 2022, 8:10 AM

Top News

Mark Gurman / Bloomberg:
As Apple ramped up Mac chip investments, improvements to its other chips slowed down; sources say Apple Watch Series 8 might be able to detect a fever in users  —  When it comes to Apple's chip advancements, the company's iPhone and watch are taking a back seat to the Mac.
Dan Milmo / The Guardian:
Chainalysis: NFT sales totaled just over $1B in June 2022, a 12-month low since June 2021 when sales were $648M; sales reached a peak of $12.6B in January 2022  —  Sales of non-fungible tokens totalled just over $1bn in June, compared with peak of $12.6bn in January
Jane Clinton / Guardian:
The UK Army confirms its Twitter and YouTube accounts were compromised on July 3 and used to promote cryptocurrency giveaway scams before being restored  —  Investigation under way after interview with Elon Musk uploaded to video channel and picture of cartoon monkey seen on Twitter
Ionut Ilascu / BleepingComputer:
HackerOne says an employee stole vulnerability reports submitted through its bug bounty platform and disclosed them to seven companies for financial rewards  —  A HackerOne employee stole vulnerability reports submitted through the bug bounty platform and disclosed them to affected customers to claim financial rewards.
Pew Research Center:
Survey: experts are split on the evolution of an immersive metaverse by 2040, worry about the dominant platforms building it, and expect more useful AR and MR  —  Hype?  Hope?  Hell?  Maybe all three.  Experts are split about the likely evolution of a truly immersive ‘metaverse.’ They expect …
Arthur Hayes / Entrepreneur's Handbook:
Jeremy Hill / Bloomberg:
Michael McSweeney / The Block:
Sarah Butler / The Guardian:
Amazon launches a “micromobility” hub in Hackney, London with a fleet of e-cargo bikes and on-foot delivery staff to replace thousands of van deliveries  —  Online retailer opening ‘micromobility’ hub in Hackney as part of efforts to cut carbon emissions
Mitchell Clark / The Verge:
Google plans to auto-delete visits to abortion clinics, domestic violence shelters, weight loss centers, and other sensitive places from users' location history  —  Along with visits to other potentially sensitive locations  —  Google says it'll start automatically deleting visits to abortion clinics …
Nelson Rauda Zablah / New York Times:
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda  —  SAN SALVADOR — Bitcoiners — enthusiasts of the world's most popular cryptocurrency — aren't supposed to trust government.
Chris Gilliard / Wired:
Machine learning-powered surveillance systems will never eliminate the risk of US school shootings, no matter how expansive and intricate the systems become  —  The failure is not only in the spurious systems, but in the belief that more data can improve them.
Meir Orbach / CTech:
Source: Celsius has laid off 150 employees, around a quarter of its staff, after pausing withdrawals on June 13; the lender says it is exploring restructuring  —  The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw …
Olga Kharif / Bloomberg:
Meta plans to shut down Novi, its digital wallet pilot, on September 1, 2022; users will no longer be able to add money to their accounts starting on July 21  —  The remainder of the cryptocurrency project that Meta Platforms Inc.'s Founder Mark Zuckerberg took a beating over from Congress is officially shutting down.

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Earlier Picks

Alex Barinka / Bloomberg:
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