Techmeme
August 1, 2023, 11:25 PM

Top News

Carly Page / TechCrunch:
Halcyon: Cloudzy, a Wyoming-registered web hosting company likely operating out of Tehran, is acting as a command-and-control provider for state-backed hackers  —  A little-known cloud company provided web hosting and internet services to more than two dozen different state-sponsored hacking groups …
Chavi Mehta / Reuters:
Meta begins the process to end news access on Facebook and Instagram in Canada, in response to a law forcing some companies to negotiate deals to pay publishers  —  Meta Platforms (META.O) said on Tuesday it has begun the process to end access to news on Facebook and Instagram for all users in Canada.
Bryan Pietsch / Washington Post:
X sues the Center for Countering Digital Hate, alleging CCDH researchers violated Twitter's terms of service and the CFAA while studying hate speech on the site  —  X, the company formerly known as Twitter, sued a research group that had investigated hate speech on the social media platform …
Kif Leswing / CNBC:
AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% YoY to $27M, Client revenue down 54% YoY to $998M, and Data Center revenue down 11% to $1.3B  —  - AMD said revenue for the second quarter fell 18% from a year earlier, but results still topped analysts' estimates
Annie Palmer / CNBC:
Amazon expands its Amazon Clinic virtual health service to 50 US states and DC, available via video or texting; regulations limit the SMS feature to 34 states  —  - Amazon is expanding its virtual clinic service nationwide.  — The company launched Amazon Clinic last November …
Dean Takahashi / VentureBeat:
Adobe, Apple, Autodesk, Nvidia, Pixar, and the Linux Foundation form the Alliance for OpenUSD, to standardize Pixar's Universal Scene Description graphics tech  —  Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD).
Sarah Perez / TechCrunch:
In a challenge to TikTok, YouTube releases new Shorts creation tools for remixing, adding effects, going live, as well as an interactive Q&A sticker, and more  —  As competition with TikTok and Instagram Reels heats up, YouTube today announced an expanded suite of creation tools …
Preetika Rana / Wall Street Journal:
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, its first operating profit, vs. a $2.6B net loss YoY  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted …
Steven Levy / Wired:
Clive Cookson / Financial Times:
Glasgow university spinout Chemify, which is using a computing process to design new molecules with AI and make them in an automated lab, raised $43M  —  Chemify's technology aims to remove bottleneck of producing molecules in the lab  —  A spinout from Glasgow university has raised $43mn to …
Bloomberg:
After Curve disclosed a hack, CRV fell ~25% in three days, prompting fears of wider crypto market turbulence; DefiLlama: crypto using Curve fell 50%+ to $1.7B  —  - Curve's native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform's woes
Sam Schechner / Wall Street Journal:
Under pressure from EU regulators, Meta offers to seek user consent in the EU for targeted ads based on users' activity, sources say as soon as October 2023  —  Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity
Reuters:
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., payers down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates; MTCH jumps 11%+  —  Match Group (MTCH.O) forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing …
Kyle Wiggers / TechCrunch:
Socket, which sells a scanning tool for detecting vulnerabilities in open-source code, raised a $20M Series A led by a16z, taking its total funding to $24.6M  —  Socket, a startup that provides a scanning tool to detect security vulnerabilities in open source code, today announced …
Sam Metz / Associated Press:
A federal judge dismisses an industry group lawsuit challenging the constitutionality of a Utah law requiring adult websites to verify the age of their users  —  A Utah law requiring adult websites to verify the age of their users will remain in effect after a federal judge dismissed a lawsuit …
Annie Palmer / CNBC:
How illicit data brokers on Telegram, WeChat, WhatsApp, and Facebook peddle internal Amazon market data and services like attacking rivals' product listings  —  - Amazon internal information is finding its way onto messaging apps like Telegram, where brokers are selling data to third-party sellers.

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Leveraging design tool extensions in Cliq: A designer's guide to Figma, Lucidchart, and Miro  —  Picture this: you're deep in a pixel-perfect Figma mock-up, bouncing between chats and emails, when someone pings you for feedback on a Lucidchart workflow.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Microsoft Build 2025
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Spotlight On:
Tines's Eoin Hinchy on rejecting the playbooks
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Gustav Söderström - How Spotify Thinks
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
Microsoft CTO Kevin Scott on how AI can save the web, not destroy it
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
From Scaling Cisco to Seeding AI: John T. Chambers on Speed, Strategy, and Reinvention
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Microsoft CPO: If you aren't prototyping with AI you're doing it wrong | Aparna Chennapragada
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:25 PM ET, August 1, 2023.

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.

More News

Eari Nakano / Bloomberg:
Rita Liao / TechCrunch:
Aisha Malik / TechCrunch:

Earlier Picks

New York Times:
Bloomberg:
Christian Davies / Financial Times:
Joe McDonald / Associated Press:
Financial Times: