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August 31, 2022, 9:40 AM
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| Alex Heath / The Verge: |
Sources: Snap plans to start laying off ~20% of its 6,400+ employees on August 31, 2022, including cuts to its hardware group; Snap stock is down ~80% in 2022 — Snap's stock price has declined nearly 80 percent this year — Snap is planning to lay off approximately 20 percent …
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Financial Times, Ad Age, Insider, PetaPixel, TechCircle, Social Media Today, BGR India, SiliconANGLE, 9to5Mac, dot.LA, Transistori, Variety, Engadget, CNBC, New York Post, Android Headlines, Reuters, The Information, and Barron's Online
| Alex Heath / The Verge: |
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New York Times, Bloomberg, Axios, Wall Street Journal, CNBC, The Hollywood Reporter, and Insider
Tweets: @sarafischer, @tuviae, @sarafischer, and @alexeheath
| Alex Heath / The Verge: |
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9to5Mac, The Economic Times, Axios, The Hollywood Reporter, Deadline, ExchangeWire.com, Reuters, Next TV, Reuters, Variety, and Wall Street Journal
Tweets: @pt, @epro, @deancollins, @carnage4life, @tim_bays, and @alexeheath
| Mat Di Salvo / Decrypt: |
Crypto.com sues an Australian woman after erroneously sending her $10.5M in May 2021 when she requested a $100 refund; the woman allegedly purchased a house — A woman asked for a $100 refund from the crypto platform but instead received $10.5 million—and then went on a spending spree, according to reports.
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TICKER NEWS, 7NEWS, PCMag, Fortune, Cointelegraph, The Guardian, Coinspeaker, CryptoPotato, crypto.news, Web3 Is Going Just Great, Bitcoinist.com, Input, Ethereum World News, Watcher Guru, and CoinGape
Tweets: @kantrowitz, @mikeelgan, @caseynewton, @joshgnosis, @pt, @abstractcode, @chrisfralic, @quinnypig, @alexhern, @alexhern, @geek_news, @yo, @paul_karp, @riptari, @alexhern, and @jamespmcleod
| Bloomberg: |
Apple's VP of Corporate Development Adrian Perica has quietly left Didi's board; Perica joined the board in 2016 after Apple's $1B investment in Didi — An Apple Inc. executive has left the board of Didi Global Inc., as the Chinese ride-hailing company struggles to regain ground …
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DiDi Global, MacRumors, 9to5Mac, AppleInsider, Apple Must, and Patently Apple
Tweets: @markgurman, @pelstrom, and @sarthakgh
| Anton Shilov / Tom's Hardware: |
Jon Peddie Research: discrete and integrated GPU sales fell 14.9% QoQ in Q2 2022; Nvidia's sales fell 25.7% QoQ, AMD's fell 7.6% QoQ, and Intel's fell 9.8% QoQ — Shipments of discrete desktop graphics cards down to two-year low. — Sales of graphics processing units — discrete and integrated … | Juli Clover / MacRumors: |
Apple debuts Xcode Cloud subscriptions for developers for up to $400/month; 25 compute hours per month is free until the end of 2023 and $15/month afterward — Apple today announced that developers can purchase subscriptions to Xcode Cloud, a continuous integration and delivery service that's built into the Xcode app.
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Apple Developer, XDA Developers, Neowin, 9to5Mac, and AppleInsider
| Monica Chin / The Verge: |
Asus Zenbook 17 Fold review: foldable OLED display with a comfortable keyboard and professional look, but $3,500 is expensive and there are software glitches — It's a 17-inch foldable that actually works — Ever since Samsung Display showed off a 17-inch foldable OLED screen last May …
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PCMag, XDA Developers, Android Authority, Tech Advisor, CNET, Tom's Hardware, Wired, Tom's Guide, Digital Trends, Pocket-lint, Notebookcheck.net, and Trusted Reviews
Tweets: @danackerman, @danackerman, and @pierce
| Josephine Wolff / Wired: |
Cyber insurers are failing to reduce companies' cyber risk exposure and to cover breached firms' costs after state-sponsored cyberattacks that fall short of war — Cyberinsurance doesn't cover acts of war. But even as cyberattacks mount, the definition of “warlike” actions remains blurry.
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Slate and Financial Times
| Jack Stebbins / CNBC: |
Royal Caribbean Cruises partners with SpaceX's Starlink to offer internet onboard all its ships; installations are scheduled to be completed in early 2023 — - Royal Caribbean Cruises will begin offering onboard internet via SpaceX's Starlink satellite network.
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ZDNet, Royal Caribbean Group, PCMag, Engadget, TechCrunch, Telecoms.com, Digital Trends, BBC, TESLARATI, Space.com, SpaceNews, Dow Jones Newswires, The Verge, Insider, and Reuters
Tweets: @elonmusk, @jcoviedo6, @thesheetztweetz, and @emot
| Naomi Nix / Washington Post: |
Researchers: self-harm posts are on the rise on Twitter, including graphic photos and high engagement; one hashtag grew to 30,000 tweets by July 2022 — Self-harm related hashtags have increased roughly 500 percent since October, a new report says — A Twitter user in apparent distress turned …
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Ars Technica, Network Contagion Research Institute, and The Hill
Tweets: @alexwgoldenberg, @ncri_io, @malbertnews, @psychrabble, @ncri_io, and @ncri_io
| MK Manoylov / The Block: |
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, the NFT project Moonbirds Mythics launching in 2023, and a DAO to license 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, Cointelegraph, nft now, CoinDesk, and PROOF on YouTube
Tweets: @proof_xyz, @collab_currency, @nassyweazy, @alexisohanian, @azfnft, @sriramk, and @alexisohanian
| Sam Kim / Bloomberg: |
South Korea's national statistics office: semiconductor shipments from South Korean chipmakers fell 22.7% YoY in July 2022, the first drop in almost three years — South Korean chipmakers recorded their first fall in factory shipments in almost three years in July, highlighting weakening demand …
Tweets: @samkimasia
| Bloomberg: |
China's punishing tech crackdown has undercut the industry's position as the largest and most sought-after employer, leading to high graduate unemployment rates — When Xi Jinping tightened the screws on China's technology industry last year, he escalated a jobs crisis for the youngest …
Tweets: @angelazhanghk, @nerysinchina, and @tommackenzietv
| Ivan Mehta / TechCrunch: |
Ticketmaster's Live Nation partners with Dapper Labs to release ticket NFTs on the Flow blockchain and expands its NFL partnership for NFTs to 100 games — Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs.
More:
Decrypt and Sports Business Journal
| Jesse Hamilton / CoinDesk: |
a16z releases a set of free “Can't Be Evil” licenses for NFTs, inspired by Creative Commons, available on GitHub — Andreessen Horowitz's crypto arm is releasing a free licensing system, aiming to help the NFT sector fulfil its “economic potential.”| Will Oremus / Washington Post: |
Twitter's Elon Musk takeover saga has only amplified its problems, which stem from a broken business model at odds with the platform's freewheeling nature — Its ill-fated foray into adult content is emblematic of an unpoliceable platform — and a broken business model| Jared Newman / Fast Company: |
In a first, Comcast and Charter both failed to grow internet subscribers in Q2 2022, as T-Mobile and Verizon roll out cheaper home internet powered by 5G — For years, Comcast and other cable companies have leaned on a simple strategy to offset the effects of cord-cutting …
Tweets: @dsilverman
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