Techmeme: A look at the April 2022 attack on the internet in France; perpetrators surgically cut “backbone cables” in three locations around Paris in around two hours (Matt Burgess/Wired)

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July 25, 2022, 9:10 AM

Top News

Yueqi Yang / Bloomberg:

Filing: Voyager says the restructuring proposal by FTX and Alameda is “a low-ball bid dressed up as a white knight rescue” that disrupts the bankruptcy process — Crypto platform Voyager Digital LLC said a joint offer proposed by FTX and Alameda is a “low-ball bid” …

Mark Gurman / Bloomberg:

Sources: the new “Pro” Apple Watch will have a roughly 7% larger screen, new design, and case with a more durable titanium formulation to make it more rugged — Apple is set to report earnings this week against the backdrop of an economic downturn and a plan to slow hiring.

Filipe Espósito / 9to5Mac:

Netflix rolls out a button for iOS and iPadOS users to take them directly to its site to sign up, which avoids the App Store cut via an API for “reader apps” — Earlier this year, Apple began allowing “reader” apps to provide external links for customers so they can log in and pay …

New York Times:

How Apple, Amazon, and Google are trying to win live sports streaming rights by persuading skeptical leagues to switch from traditional TV and cable networks — Competing for rights to broadcast games from the N.F.L. and other leagues could be hard for broadcast and cable companies that “aren't playing by the same financial rules.”

More: NBCSports.com and Transistori

Tweets: @digitalshields, @halsinger, @richlightshed, @kaplansportsbiz, @tvgrimreaper, @halsinger, @jason_kint, @jacobfeldman4, @halsinger, @richlightshed, @trippmickle, @aquinas82nd, @sportstvratings, and @benmullin

See also Mediagazer

Matt Burgess / Wired:

A look at the April 2022 attack on the internet in France; perpetrators surgically cut “backbone cables” in three locations around Paris in around two hours — As new details about the scope of the sabotage emerge, the perpetrators—and the reason for their vandalism—remain unknown.

Tweets: @tiagodf and @twshiloh

Dylan Martin / The Register:

Intel plans to manufacture chips for Taiwanese chip designer MediaTek, the first major partnership for Intel Foundry Services; MediaTek will still use TSMC — This will be the x86 giant's first major foundry customer — Intel will manufacture chips for Taiwanese chip designer MediaTek …

More: Nikkei Asia, CNET, Tom's Hardware, Reuters, DigiTimes, and Telecoms.com

Tweets: @dylanonchips and @stshank. Thanks:@dylanonchips

Aisha Counts / Protocol:

Q&A with Microsoft corporate VP Charles Lamanna on low-code/no-code tools and the Power Platform, which he says has 7M MAUs and grew its revenue 72% YoY to $2B+ — Despite the fact that enterprise tech is still trying to figure out exactly where it fits, Charles Lamanna is all in on low-code software development.

Tweets: @tomkrazit

Yogita Khatri / The Block:

Bitfinex and Tether partner with P2P infrastructure developer Hypercore to launch the Holepunch protocol and peer-to-peer encrypted video calling app Keet — - Bitfinex and Tether have launched Keet: a peer-to-peer video calling app. — The two companies have invested $10 million to date …

More: tether.to, CryptoPotato, Bitcoin Magazine, and Cointelegraph

Tweets: @paoloardoino, @bennetttomlin, @iansherr, @adam3us, @bitfinex, @tether_to, and @mdudas

Bloomberg:

Apple announces a rare retail discount for the iPhone 13 Pro series, select AirPods, and Watches in China between July 29 and August 1 — Apple Inc. announced a rare retail promotion in China on Monday, offering four days of discounts on its top-tier iPhones and related accessories in advance …

More: MacRumors, 9to5Mac, Philip Elmer‑DeWitt, and Patently Apple

Tweets: @duanrui1205, @duanrui1205, and @vladsavov

Bloomberg:

China asks 100 companies operating in Shenzhen, including Foxconn, Huawei, and ZTE, to operate in a “closed loop” for seven days to combat a COVID-19 outbreak — China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd. …

More: South China Morning Post, AppleInsider, MacRumors, and Reuters

Tweets: @amyfeldman and @gossithedog

Anna Gross / Financial Times:

A global shortage of fiber optic cable has driven up prices and lengthened lead times, especially in Europe, India, and China, casting a shadow over 5G rollouts — Rising prices of critical components casts shadow over 5G rollout and development of data centres

More: DCD. Tweets: @martijnrasser

Sam Biddle / The Intercept:

Google employees, kept in the dark about firm's sale of advanced AI tools to Israel, say it could bolster Israel's ongoing military occupation of Palestine — Training materials reviewed by The Intercept confirm that Google is offering advanced artificial intelligence and machine-learning capabilities …

Tweets: @amnestytech, @jathansadowski, @timnitgebru, and @samfbiddle

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This is a Techmeme archive page. It shows how the site appeared at 9:10 AM ET, July 25, 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

Harshita Mary Varghese / Reuters:

Warner Bros. Discovery says John Malone is not seeking re-election to the board of directors and will instead take on the role of chairman emeritus

Natalie Korach / Vanity Fair:

Q&A with Bloomberg's Joe Weisenthal and Tracy Alloway on covering Trump's tariffs; their Odd Lots newsletter saw sign-ups jump 142% in April vs. March average

Julian Clover / Broadband TV News:

A group of current and former BBC World Service journalists warn that cuts to the international service risk fracturing “the core identity of the World Service”

More News

Steven Zeitchik / Washington Post:

A profile of crypto influencer Ben Armstrong, aka BitBoy, who has amassed ~1.5M subscribers on YouTube by offering jargon-filled advice on cryptocurrencies

Tweets: @ruskin147 and @goldman

Dan Taylor / Tech.eu:

London-based Altruistiq, which offers SaaS tools to help companies analyze and reduce their carbon emissions, raised a £15M seed led by Molten Ventures

More: FinSMEs, EU-Startups, and Silicon Canals

Lucy Craymer / Reuters:

New Zealand's internet safety group Netsafe says Meta, Google, Amazon, TikTok, and Twitter have agreed to self-regulate to reduce harmful content in the country

More: newsroom.co.nz, Tohatoha, NZ Herald, SecurityBrief New Zealand, The Guardian, Netsafe, and Stuff.co.nz

Tweets: @paulbrislen, @letsgetpfizered, @byroncclark, @alinasu33, @mariasherwood2, @stew_rachel, @sanjanah, and @te_taipo

Manish Singh / TechCrunch:

Zomato stock dropped 14%+ to a record low after a lock-in period expired, giving the company a market cap of $4.2B, down from $13.2B on its IPO debut year ago

More: Reuters, Bloomberg, and The Economic Times. Tweets: @digbijaymishra1

Jiaxing Li / South China Morning Post:

Report: CEO of Chinese smartphone brand Honor said the company pulled its team out of India, where authorities have been investigating Chinese smartphone firms

More: The Register, The Economic Times, TechStory, Inc42 Media, Gizbot, and Huawei Central

Ivan Levingston / Bloomberg:

European investing app Shares, which launched in the UK two months ago and has 150K+ users, raised $40M led by Valar Ventures, bringing its total raised to $90M

More: AltFi, Tech.eu, FinSMEs, and Silicon Canals. Thanks:@ivanlevingston

Earlier Picks

Chris Feliciano Arnold / Bloomberg:

An in-depth look at the research collaboration between NASA and the FAA since 2017 to write new US airspace rules for safely accommodating millions of drones

Tweets: @dronelaws, @ampressman, @bw, @bw, @bw, and @business

Karen Hao / Wall Street Journal:

How China's mass collection of personal info and its new, unevenly enforced data security rules contribute to a thriving underground market for stolen data

Tweets: @jchengwsj, @jchengwsj, @jchengwsj, @jchengwsj, @joshchin, @jchengwsj, @jchengwsj, @jchengwsj, @jchengwsj, @chris__pc, @masspirates, and @_karenhao

Jeanne Whalen / Washington Post:

How the nearly two-year-old chip shortage upended Detroit's car manufacturing, which a historian says may be the biggest disruption since the 1970s fuel crisis

Tweets: @ron_fournier, @washingtonpost, @tyrellmayfield, @david_charts, and @carlquintanilla

Gilad Edelman / Wired:

A look at the bipartisan American Data Privacy and Protection Act, which privacy experts say might finally give the US a strong federal data protection law

Zeyi Yang / MIT Technology Review:

Gamers in China, where online porn is banned, are using the Steam app Wallpaper Engine as a cloud drive and a video player to exchange adult-only content

More: Platy's Web Excursions and Slashdot

Tweets: @tin2mint, @sub8u, @zeyiyang, and @techreview

Preetika Rana / Wall Street Journal:

DoorDash and Uber Eats are moving beyond food, focusing on groceries and alcohol, as users cut spending due to high inflation and a potential economic downturn

Tweets: @carnage4life, @trengriffin, @preetika_rana, @jerrycap, @ericbellmanwsj, and @berber_jin1