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August 30, 2022, 9:10 PM
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WeSmirchTop News
| Alex Heath / The Verge: |
Sources: Snap is planning to lay off ~20% of its 6,400+ employees; the layoffs are set to begin on Wednesday — Snap's stock price has declined nearly 80 percent this year — Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter.
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Ad Age, 9to5Mac, Financial Times, The Information, Engadget, Barron's Online, SiliconANGLE, Variety, Reuters, dot.LA, CNBC, New York Post, and Android Headlines
Tweets: @joannastern, @theryanford, @akruglov, @editorialiste, @cjthesmartguy, @fullbeerbottle, @themediaisdying, @pierce, and @hedgeyecomm
| The Verge: |
Sources: Twitter was working to monetize its adult content with OnlyFans-style subscriptions until a “red team” noted the prevalence of CSAM on the platform — Internal documents and Twitter employees reveal the need for massive investment to remove illegal content — but executives haven't listened
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Washington Post, Social Media Today, Fortune, Platformer, New York Post, Engadget, and Insider
Tweets: @caseynewton, @matthew_d_green, @elizableu, @mmasnick, @morisy, @melissagira, @kurtwagner8, @zoeschiffer, @jjaursch, @ashleylatke, @caseynewton, @kimcrayton1, @amsolidarity, @gabrieldance, @roach, @caseynewton, @matthew_d_green, @officialkappy, @caseynewton, @melissagira, @jorgeorchilles, @willoremus, @oliviasolon, @mistresssnowphd, @kimzetter, @isosteph, @carnage4life, @zoeschiffer, @jerrycap, @rachelbovard, @allieawesome415, @benjamingoggin, @dlberes, @gwenadora, @reckless, @maxnordau, @mattnavarra, @hondanhon, and @stevekovach
| Sara Fischer / Axios: |
Google says it has not yet approved Truth Social's Play Store app due to insufficient content moderation; CEO Devin Nunes said the decision “is up to Google” — Google hasn't yet approved Truth Social's Android app for distribution via its Play Store because of insufficient content moderation …
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Reuters, The Verge, PCMag, CNBC, USA Today, Android Police, New York Times, PhoneArena, Newser, CNN, Rolling Stone, Android Central, Neowin, Reclaim The Net, Engadget, Gizmodo, Mashable, and Insider
| Ivan Mehta / TechCrunch: |
Twitter releases its Circle feature out of beta on iOS, Android, and the web, letting users tweet to smaller, selected groups of up to 150 people — Twitter is launching its Circle feature — which lets you post a tweet to a select set of people — globally.
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Twitter, The Verge, Social Media Today, TODAY.com, Engadget, Insider, Neowin, Fortune, iPhone in Canada Blog, Android Headlines, Fast Company, Gizmodo, Android Central, XDA Developers, Digit, BGR India, SlashGear, Droid Life, The Economic Times, Mashable, Digital Trends, 9to5Mac, TechRadar, MacRumors, MobileSyrup, PhoneArena, and RTÉ
Tweets: @twittersupport, @jaysullivan, @scalzi, @anildash, @monzo, @twittersafety, @si_hart, @lamarrwilson, @stevesi, @johnnyakzam, @twittersafety, @yoyoel, and @edbott
| Wall Street Journal: |
Sources: Philadelphia-based delivery startup Gopuff seeks to borrow up to $300M after burning ~$400M in Q1 2022; Gopuff raised $2B+ at a $15B valuation in 2021 — Instant-delivery startup is negotiating a credit line of up to $300 million after delayed IPO
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Bloomberg, SiliconANGLE, TechCrunch, PYMNTS.com, and Crunchbase News
Tweets: @brucewilson, @gilmored85, @kevinroose, @jstrauss, @karenkkwok, and @beveragepodcast
| MK Manoylov / The Block: |
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, upcoming NFT project Moonbirds Mythics, and a DAO to handle licensing of Moonbirds' name — - Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
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Future PROOF, Decrypt, CoinDesk, and nft now
Tweets: @proof_xyz, @collab_currency, @alexisohanian, @alexisohanian, and @sriramk
| Aisha Malik / TechCrunch: |
Sony plans to acquire Savage Game Studios and creates a new PlayStation Studios Mobile Division, operating independently from console game development — Sony is acquiring mobile game developer Savage Game Studios, the company announced on Monday. The financial terms of the deal were not disclosed.
More:
PlayStation.Blog, CNBC, The Mac Observer, BGR India, Digit, Silicon Republic, and Protocol
Tweets: @hermenhulst, @tomwarren, @insomniacgames, and @mysticryan
| Juli Clover / MacRumors: |
Apple says developers can now purchase Xcode Cloud subscriptions; the plan with 25 compute hours will be free until the end of 2023 and $15/month after that — Apple today announced that developers can purchase subscriptions to Xcode Cloud, a continuous integration and delivery service that's built into the Xcode app.
More:
Apple Developer, 9to5Mac, and AppleInsider
| Jared Newman / Fast Company: |
In a first, both Comcast and Charter failed to grow internet subscribers last quarter, as T-Mobile and Verizon roll out cheaper 5G wireless home internet — For years, Comcast and other cable companies have leaned on a simple strategy to offset the effects of cord-cutting …
Tweets: @dsilverman
| Jack Stebbins / CNBC: |
Royal Caribbean Cruises partners with SpaceX's Starlink to offer onboard internet across all its ships, with installation scheduled to be completed early 2023 — - Royal Caribbean Cruises will begin offering onboard internet via SpaceX's Starlink satellite network.
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Royal Caribbean Group, PCMag, The Verge, TechCrunch, Dow Jones Newswires, Insider, Reuters, TESLARATI, Space.com, and SpaceNews
Tweets: @elonmusk, @thesheetztweetz, @jcoviedo6, and @emot
| Shannon Grixti / Press Start: |
Sony updates the PS5 in Australia ahead of a broader rollout, reducing the disc model's weight by 300g and digital model's by 200g compared to the 2021 versions — Earlier today it was revealed by Japanese retailers that a brand new PS5 model dubbed the CFI-1200 model was releasing on September 15th …
More:
GSMArena.com, 9to5Toys, MobileSyrup, Laptop Mag, HotHardware, Fossbytes, Redmond Pie, Android Headlines, Gizchina, Forbes, and PCMag
| Alex Heath / The Verge: |
Netflix hires two Snap executives to lead its ad-supported tier plan: Snap's Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor — Snap's VP of ad sales is also leaving for Netflix — Netflix has found an executive to lead its plan for an ad-supported tier …
More:
Wall Street Journal, Reuters, Axios, Next TV, Deadline, The Hollywood Reporter, and Variety. Tweets: @pt
| Ron Amadeo / Ars Technica: |
Android 13 review: a small update, but 2022's second after March's tablet-focused 12L update, finally brings a task manager, notification permissions, and more — Android 13 is a very small update, but it's also the second one this year. — The Android update treadmill continues with the release of Android 13.| Jordan Middler / Video Games Chronicle: |
Meta plans to shutter the Facebook Gaming app on iOS and Android on October 28, 2022, transferring games, content, and groups to the main Facebook app — Facebook will end support for its Facebook Gaming app in October, it's announced. In a statement published on Sunday …
More:
The Verge, CNBC, Eurogamer.net, PhoneArena, Thurrott, Appuals.com, IGN, GameSpot, and TechRadar
| Zack Whittaker / TechCrunch: |
A researcher says a Chinese database of up to 800M records was exposed for months, storing names, resident ID numbers, images of faces, license plates, and more — Another mass data lapse exposes new weaknesses in China's sprawling surveillance state — A massive Chinese database storing millions … | Jeffrey T. Lewis / MarketWatch: |
CrowdStrike reports Q2 revenue up 58% YoY to $535.2M, subscription revenue up 60% YoY to $506.2M, and subscription customers up 51% YoY to 19,686 — CrowdStrike Holdings Inc.'s loss narrowed in its second quarter from a year earlier after subscription revenue jumped higher.
More:
SiliconANGLE, Barron's Online, CrowdStrike, and CNBC
| Debby Wu / Bloomberg: |
TSMC CEO C. C. Wei says an endemic shortage of low-end chips costing $0.50 to $10 is holding up production in key segments of the global supply chain — An endemic shortage of chips costing anywhere from 50 cents to $10 is slowing down swathes of the $600 billion semiconductor industry …
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9to5Mac, AppleInsider, Digit, MacDailyNews, Tom's Hardware, TechSpot, and MobileSyrup
Tweets: @trengriffin, @johnkoetsier, and @trengriffin
| Tatum Hunter / Washington Post: |
Mental health content creators on TikTok and Instagram are increasingly filling a health care gap, which critics fear could lead to harmful self-diagnoses — Issey Moloney signed up for therapy through Britain's National Health Service when she was just 12 years old. She was on a waiting list for four years.
More:
9to5Mac. Tweets: @trengriffin, @tatum_hunter_, @juliachanb, @nitashatiku, @davisantigone, and @miller7
| Giles Turner / Bloomberg: |
In an SEC filing, Elon Musk adds Peiter Zatko's allegations as a reason to terminate the $44B takeover bid, saying Twitter is in “material noncompliance” — Elon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.
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CNBC, Wall Street Journal, Bloomberg, Deadline, Axios, The Verge, The Wrap, Fortune, Reuters, The Guardian, New York Post, MobileSyrup, iPhone in Canada Blog, Financial Times, Washington Post, CNN, Associated Press, TechCrunch, Engadget, The Hollywood Reporter, Livemint, Insider, CoinGape, The Daily Beast, and Insider
Tweets: @danprimack, @annmlipton, @annmlipton, and @b_fung
| Cat Zakrzewski / Washington Post: |
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New York Times, Channel News, Gizmodo, The Hill, Forbes, Neowin, Protocol, and Insider
Tweets: @donie, @donie, and @lizzadwoskin
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