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July 14, 2022, 4:20 PM
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| Dan Seifert / The Verge: |
MacBook Air M2 review: thinner with a better screen and webcam, but gets warm and throttles aggressively under intense workloads; base model has a slower SSD — New design, new display, new processor, new price — After 14 years, three revisions, and two different processor architectures …
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Engadget, MacRumors, Six Colors, TechCrunch, MacRumors, Wall Street Journal, Cult of Mac, Gizmodo, CNET, CNBC, PCMag, Redmond Pie, iMore, AppleInsider, Macworld, iThinkDifferent, 9to5Mac, Input, TheStreet, Tom's Hardware, Digital Trends, The Mac Observer, Daily Express, Laptop Mag, MobileSyrup, Wccftech, iClarified, 9to5Mac, MacDailyNews, and YouTube
| Michael McSweeney / The Block: |
NFT marketplace OpenSea CEO Devin Finzer says the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain — - NFT marketplace major OpenSea announced layoffs on Thursday. — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.
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CoinDesk, TechCrunch, and VICE
Tweets: @dfinzer, @rayno, @josephfcox, @ulonnaya, @autismcapital, @kevincollier, and @howelloneill
| Tom Warren / The Verge: |
Google releases Chrome OS Flex, a Chrome OS version for businesses and schools to run on 400+ old PC and Mac models, after fixing 600+ bugs since February 2022 — Businesses and schools can now install Chrome OS on existing hardware — Google is releasing Chrome OS Flex today …
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Cloud Blog, Ars Technica, The Register, Thurrott, AppleInsider, CNET, XDA Developers, Android Authority, SiliconANGLE, VentureBeat, Android Police, Engadget, and About Chromebooks
Tweets: @alexjamesfitz, @tomwarren, @googleforedu, @caseynewton, and @jperlow
| Wall Street Journal: |
Sources: Stripe, last valued by private investors at $95B, told staff it cut its internal share price by 28%, lowering those shares' implied valuation to $74B — Payments processor was last valued at $95 billion — Payments giant Stripe last valued by private investors at $95 billion …
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New York Times, Crunchbase News, TechCrunch, PYMNTS.com, and The Economic Times
Tweets: @mayazi, @synopsi, @cliffordasness, @berber_jin1, @refsrc, @anthony, and @amazonholder1
| Lucy Harley-McKeown / The Block: |
Los Angeles-based Merkle Manufactory, which is developing a “sufficiently decentralized” social network protocol called Farcaster, has raised $30M led by a16z — - Merkle Manufactory has raised $30 million in a round led by Andreessen Horowitz (a16z).
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Dan Romero, crypto.news, and The Daily Hodl
Tweets: @dwr, @alexyoungkwon, @simonbuilds, @ethjcdenton, @cdixon, @sriramk, @davemorin, @neuroswish, @mkocha_, @rishavmukherji, @benscharfstein, @top7ico, @omarzipan, @nbashaw, @milesjennings, @brennerspear, @pavtalk, @brit, and @0xmasonh
| Ed Shanahan / New York Times: |
A federal jury convicts Vault 7 leaker Joshua Schulte on nine counts, two years after a previous jury failed to agree on eight of the 10 charges he faced then — The top federal prosecutor in Manhattan said Joshua Schulte had engaged in “one of the most brazen and damaging acts of espionage in American history.”
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U.S. Department of Justice, inforisktoday.com, Metacurity, Security Affairs, Associated Press, VICE, The Register, Engadget, Gizmodo, and Newslit Daily
Tweets: @frankfigliuzzi1, @badtakeblake, @chuckcallesto, @xeni, and @carriecordero
| Queenie Wong / CNET: |
Facebook says it is testing a way for users to create up to five profiles linked to one account and that switching between profiles will require only two taps — The social network says users will be able to add up to five profiles to their Facebook account. — Queenie Wong
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Bloomberg and The Verge
Tweets: @kurtwagner8, @thegarance, @karissabe, @yoda, @tuviae, @news_by_nick, @newsynick, @aerocles, @kenwheaton, @noahmallin, @wonky_donky, @scottnover, @andst7, @bullyesq, @zerohedge, @deitaone, @bradmichelson, and @thekenyeung
| Leah Nylen / Bloomberg: |
Sources: the DOJ is likely to reject concessions offered by Google and file an antitrust lawsuit in the coming weeks over its dominance of the online ad market — The US Justice Department is likely to reject concessions offered by Alphabet Inc., clearing the way for an antitrust lawsuit … | Cho Mu-Hyun / ZDNet: |
Samsung says it has developed a new GDDR6 DRAM with a 24Gbps data transfer rate, 30% faster than its 18Gbps predecessor, built on its 10nm process using EUV — The new DRAM will allow premium graphics cards to support a data processing rate of up to 1.1TB, Samsung says.
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Samsung Newsroom, PCMag, Wccftech, The Register, TechRadar, and Neowin. Tweets: @samsungsemius
| CNBC: |
Celsius files for Chapter 11 bankruptcy protection in New York, declaring assets and liabilities between $1B and $10B, plus $167M in cash on hand for operations — - Crypto company Celsius has started the process of filing for Chapter 11 bankruptcy protection.
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Business Wire, Wall Street Journal, Bloomberg, Ars Technica, Crunchbase News, blog.celsius.network, Input, Coppola Comment, Bloomberg, Finbold, CryptoSlate, Bankless, The Daily Hodl, Ethereum World News, ZyCrypto, TheStreet, Bitcoinist.com, The Context, Crypto Briefing, watcher.guru, TechSpot, Wccftech, CryptoPotato, The Defiant, Insider, Crypto Daily, coinquora.com, crypto.news, Forkast, Crypto Adventure, Daily Degen, Decrypt, and Engadget
| Nikkei Asia: |
Sources: Intel told customers it will raise prices on most of its CPUs and other products in autumn due to rising costs; source: prices could raise up to 20% — Customers told move is a response to cost pressures — Intel flagged future “targeted” price rises when it presented its last quarterly earnings in April.| Katie Paul / Reuters: |
Meta releases its first human rights report, including due diligence in 2020 and 2021 and a summary of a controversial human rights impact assessment of India — Facebook-owner Meta (META.O) released its first annual human rights report on Thursday, following years of accusations that it turned …
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Engadget, TIME, Meta, rfob.medium.com, and Wall Street Journal
Tweets: @rmac18, @nickclegg, @vishwanathsarng, @reckless, @aliyabhatia, @newley, @zafaraafaq, @nickclegg, @voiceofsum, and @iainlevine
| Reuters: |
TSMC beats Q2 estimates with a net profit of $7.94B, up 76.4% YoY, and total revenue of $18.16B, up 36.6% YoY — Taiwan's TSMC (2330.TW) posted a 76.4% surge in second-quarter profit on Thursday, the biggest jump in earnings in eight quarters that handily beat market estimates …
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Nikkei Asia, 9to5Mac, Quartz, Bloomberg, Nikkei Asia, iThinkDifferent, CNBC, KrASIA, TechSpot, South China Morning Post, and Financial Times
Tweets: @paulpage, @nikkeiasia, @danielnewmanuv, @martijnrasser, @iron_man_actual, @jcoviedo6, and @tailosivetech
| Annabelle Dickson / Politico: |
Source: UK's Online Safety Bill is expected to be dropped from parliamentary schedule next week, delaying it until the fall, after Boris Johnson's resignation — LONDON — Progress on Britain's proposed new content regulation law is expected to be delayed until the fall …
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BBC, Android Police, PoliticsHome, The Verge, Sky News, The Guardian, 9to5Mac, and Neowin
Tweets: @kemibadenoch, @hoffman_noa, @eleanormia, @nadinedorries, @charlesarthur, @ruskin147, @staplenick, @jamesmelville, @darrenpjones, @carolvorders, @martinslewis, @alexhern, @frasernelson, @silkiecarlo, @rcolvile, @juliahb1, @alanvibe, @yuanyi_z, @neil_neilzone, @eleanormia, @togetherdec, @eleanormia, and @hoffman_noa
| Manish Singh / TechCrunch: |
India-based OneCard, which offers mobile-first credit cards, raised a $100M+ Series D led by Temasek, source says at a $1.4B+ valuation, up from $750M in Jan. — FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest … | Martin Matishak / The Record: |
The inaugural report by the DHS Cyber Safety Review Board finds that Log4j has become an “endemic vulnerability” that will persist at least for the next decade — The flaw uncovered late last year in the widely-used Log4j Java library will remain a danger for many years to come … | Chris Welch / The Verge: |
Instagram adds more features to its creator subscription test, including the ability to publish feed posts that are only visible to subscribers — Pay up — or you won't see these exclusive photos or Reels — After getting off to a small start with paid subscriptions for creators earlier this year …
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Engadget, 9to5Mac, TechCrunch, Adam Mosseri, Wccftech, Digital Trends, and Neowin. Tweets: @gartenberg
| Wall Street Journal: |
Sources: activist investor Elliott Management told Pinterest that it has built a stake of 9%+ in the company in recent months; Pinterest stock is down 50% YTD — Activist investor, which has built up a stake of over 9%, has been in discussions with social-media company| Lucinda Shen / Axios: |
Pulley, which offers cap table management software, raised a $40M Series B led by Founders Fund at a valuation between $150M and $300M — Pulley, an equity management software company, raised $40 million in Series B funding in a round led by Founders Fund.
Tweets: @shenlucinda and @danprimack
| Joanna Ossinger / Bloomberg: |
JPMorgan: bitcoin's production cost dropped from ~$24K at the start of June to ~$13K now, as miners seek profitability by deploying more efficient mining rigs — Bitcoin's cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen …
More:
CoinDesk, The Block, and CryptoSlate
| Lora Kolodny / CNBC: |
Tesla Senior Director of AI Andrej Karpathy says he is leaving the company after about five years; Karpathy led the computer vision team for Tesla Autopilot — - Tesla's AI leader Andrej Karpathy announced on Wednesday that he is leaving the company. — Karpathy worked …
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The Register, Forbes, Overlooked Alpha, MobileSyrup, Wall Street Journal, Silicon Valley Business …, WRAL TechWire, International Business Times, Silicon Republic, and Mashable
Tweets: @karpathy, @elonmusk, @karpathy, @nealboudette, @wholemarsblog, @patrickmoorhead, @wholemarsblog, @wholemarsblog, and @bruceqburke
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