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Techmeme
July 20, 2022, 9:40 PM
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Top News

Minecraft:
Mojang Studios will not support or allow NFTs, as they “create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft”  —  Hello everyone!  Recently, we've received some feedback from members of the community asking for clarification …
Stacy Elliott / Decrypt:
Tesla says a “bitcoin impairment” negatively impacted its Q2 profitability and that it sold 75% of its bitcoin, worth approximately $936M, in the quarter  —  “Bitcoin impairment” prompted the sale, the company said.  —  Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report.
Erin Woo / The Information:
Google says it will pause hiring for two weeks, except for offers that have already been made, after saying last week it would slow hiring for the rest of 2022  —  Google said it will pause hiring for two weeks, after saying last week it would slow its pace of hiring for the rest of the year.
David Pierce / The Verge:
Amazon announces changes to Alexa, including Routines created and recommended by developers, shopping via skills, coexisting with other assistants, and more
Kyle Wiggers / TechCrunch:
OpenAI makes DALL-E 2 widely available in beta through a credit-based fee structure; users will get free credits every month and can buy more in $15 increments  —  Today, DALL-E 2, OpenAI's AI system that can generate images given a prompt or edit and refine existing images, is becoming more widely available.
The Verge:
Microsoft tests Discord voice chat integration with select Xbox Insiders, as PlayStation users wait for the deep Discord integration that Sony promised in 2021  —  Your cross-play dreams have come true  —  Discord and Microsoft are bringing Discord voice calls to the Xbox.
Andrew Myrick / Android Central:
Qualcomm unveils the Snapdragon W5 Gen 1 and W5+ Gen 1 chips for wearables, based on 4nm process and debuting in watches from Oppo and Mobvoi  —  The upgrade we've been waiting for is here.  —  What you need to know  — Qualcomm has announced the Snapdragon W5 platform for wearables.
Jasmine Hicks / The Verge:
The new Google Wallet rolls out to all users with Android 5.2+, available as a separate app in the US and Singapore and as a Google Pay update for others  —  Google Wallet will be a separate app for US and Singapore users and a simple Google Pay update for others
Ryan Browne / CNBC:
Coinbase says it has no exposure to failed crypto firms Celsius, 3AC, and Voyager but made “non-material investments” in Terraform Labs; stock closes up 14.34%  —  - Coinbase said in a blog post that it had “no financing exposure” to collapsed crypto firms Celsius, Three Arrows Capital and Voyager Digital.
Kevin McLaughlin / The Information:
Memo: Dan Wright, CEO of enterprise AI startup DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives  —  Dan Wright, CEO of artificial-intelligence software pioneer DataRobot, has resigned less than a year and a half after ascending to the position …
The Block:
Singapore-based crypto exchange Zipmex pauses withdrawals due to “volatile market conditions” resulting in “financial difficulties of our key business partners”  —  - Southeast Asian crypto exchange Zipmex announced it's halting withdrawals until further notice.
Kyle Wiggers / TechCrunch:
Crunchbase has raised a $50M Series D led by Alignment Growth and says it attracts 75M+ unique visitors annually and recently surpassed 60,000 paying customers  —  In both down times and boom times, businesses across industries are faced with the challenge of building sales pipelines and closing revenue.
Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 8.6% YoY to $7.97B, vs $8.04B est., and a 970K subscriber loss vs an estimated 2M subscriber loss; the stock closes up 7.35%  —  - Netflix only lost around 970,000 subscribers during the second quarter, a smaller loss than the 2 million it had projected last quarter.
Todd Spangler / Variety:
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant”

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 PM ET, July 20, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Dominick Mastrangelo / The Hill:
The AP says its journalists were barred from an Oval Office event featuring Trump and El Salvador President Nayib Bukele in defiance of a court injunction

New York Times:
Sources: the White House plans to ask Congress to rescind $1.1B in federal funding for the Corporation for Public Broadcasting, which funds NPR, PBS, and others

Michael Wolff / New York Magazine:
How David Zaslav became an “accidental mogul” who is navigating WBD out of its cultural, generational, and technological obsolescence during the Trump era

More News

Rebecca Klar / The Hill:
A US House panel votes 53-2 to advance the American Data Privacy and Protection Act, which would affect ad targeting and how tech companies use people's data
Sara Fischer / Axios:
FaZe Clan, an esports collective of gaming and lifestyle content creators, goes public via a $725M SPAC merger, below the initial ~$1B third-party valuations

Earlier Picks

Nilay Patel / The Verge:
An interview with Matthew Ball on his new book about the metaverse, which he sees as the next phase of the internet, Meta's big pivot, AR/VR hardware, and more
Natalie Andrews / Wall Street Journal:
The US Senate votes 64-34 to advance a bill offering ~$52B in US chip production subsidies, paving the way for a larger package that would add more R&D funding
Corin Faife / The Verge:
Google finds Android spyware, distributed outside the Play Store, that Russians disguised as an app for Ukrainians to launch DDoS attacks against Russian sites
Katyanna Quach / The Register:
Google and Oracle report some of their cloud services and servers in the UK went offline due to cooling failures amid the country's record-breaking heatwave
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