Techmeme: Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., paying users down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates (Reuters)

Top News

Ivan Mehta / TechCrunch:

X now lets X Blue subscribers hide their verified checkmarks, although “the checkmark may still appear in some places” and some features “may not be available” — Social media company X, formerly Twitter, now lets paid users hide their verification checkmarks.

More: The Verge, Twitter Help Center, Thurrott, Forbes, Gizmodo, 9to5Mac, Engadget, PCMag, KnowTechie, Android Headlines, BGR, IGN, Fast Company, Phandroid, Variety, Techlusive, NBC News, Mashable, Neowin, and International Business Times

Bluesky: @rhinoz.bsky.social. Twitter: @parkerortolani, @ch1w33th3d0g, @ggooooddddoogg, @kimcrayton1, @parismarx, @ianvisits, @xdaily, @xdaily, and @luciascarlet. Forums: r/NewsOfTheStupid

Abner Li / 9to5Google:

X renames TweetDeck to XPro; the URL remains tweetdeck.twitter.com and much of the copy is unchanged, including the “Tweet like a pro” tagline

More: Engadget, Mashable, Techlusive, The Apple Post, Neowin, gHacks Technology News, TechCrunch, and The Verge

Twitter: @bettertdeck, @thesheetztweetz, @parkerortolani, @lukeplunkett, @eramdam, and @eramdam

Matt Day / Bloomberg:

Amazon plans to roll out the biggest overhaul to its grocery business since buying Whole Foods in the coming weeks, including one cart for supermarket offerings — It's revamping stores, unifying online shopping carts and offering fresh-food delivery to customers who aren't Prime subscribers.

More: GeekWire, TechCrunch, The Information, The Verge, About Amazon, PYMNTS.com, CNBC, and NPR

Twitter: @mattmday, @mattmday, @daveleebbg, @kientan74, @bizboyle, @theo_wayt, and @mattmday

Caroline O'Donovan / Washington Post:

A look at Amazon Fresh's challenges, including lawsuits, layoffs, and halted projects; a former employee says staff were told 2023 could be “make or break” — Lawsuits and layoffs now litter Amazon's years-long path to conquering the brick-and-mortar grocery store.

Bluesky: @glinden.bsky.social. LinkedIn: Brittain Ladd

Wall Street Journal:

Internal Binance data and current and former employees say Chinese users traded ~$90B in crypto assets on the exchange in May 2023, despite China's crypto ban — Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown

More: Crowdfund Insider, Cointelegraph, Coinspeaker, Coinpedia Fintech News, Protos, CoinDesk, Watcher Guru, CryptoSlate, 24/7 Wall St., The Block, Cryptopolitan, Invezz, Tech in Asia, Forkast, and CoinGape

Twitter: @icebergy_, @cz_binance, @hsakatrades, @ceostroff, and @jchengwsj. Forums: r/CryptoCurrency

Joseph Menn / Washington Post:

Hacker group Cult of the Dead Cow plans to detail P2P protocol Veilid, to encrypt social media and apps, at Def Con next week, its biggest release in 10 years — Cult of the Dead Cow is a hacker collective whose members at one time included Texas politician Beto O'Rourke

Mastodon: @neurovagrant@masto.deoan.org. Twitter: @retweetablen14 and @veilidnetwork. Forums: Slashdot

Rest of World:

Interviews with people at Worldcoin booths in Nairobi, Bengaluru, and Hong Kong find many scanned their eyes to receive the sign-up bonuses, an “easy $50” — In Nairobi, Bengaluru, and Hong Kong, our reporters found lots of people were eager to take the deal.

More: Reuters, Reuters, PYMNTS.com, Crypto Briefing, Bloomberg, CoinDesk, TechCrunch, The Block, Protos, Ethereum World News, and Crowdfund Insider

Twitter: @ryanjamesweeks, @worldcoin, @ambokojh, @thestalwart, @restofworld, @vickiturk, and @russellbrandom

Chris Welch / The Verge:

Microsoft rolls out spatial audio for Teams on Windows and macOS after a few months of testing; the audio of each person on a call now has a distinct position — After a few months of testing the feature, Microsoft has widely rolled out spatial audio for its Teams desktop app on Windows and macOS.

More: Microsoft Tech Community, Thurrott, 9to5Mac, Analytics Insight, TechRadar, XDA Developers, Techlusive, and Neowin

Bloomberg:

Sources: SoftBank's Arm is targeting an IPO at a valuation of between $60B and $70B as soon as September 2023, a sign of bullish interest in AI chips — - Chip design firm may raise as much as $10 billion in debut — Nvidia, Intel are in discussions to be anchor investors

More: Financial Times, TNW, Invezz, Tech Startups, Light Reading, Reuters, UKTN, and Tech in Asia

Twitter: @steve_e and @pelstrom

Bloomberg:

China releases draft rules to limit smartphone use by minors, including two hour limits for those age 16 to 18, although enforcement remains unclear — - Aims to prevent kids from spending too much time on phones — Beijing has pursued campaigns to alleviate burden on minors

More: Engadget, CNBC, South China Morning Post, 9to5Mac, The Verge, Wccftech, PCMag, Financial Times, Pocket Gamer.biz, and Variety. Twitter: @pelstrom

Jen Christensen / CNN:

An early-stage study of 80,000 women in Sweden who underwent a mammogram in 2021 and 2022 finds AI-supported screening increased breast cancer detection by 20% — Artificial intelligence found more breast cancers than doctors with years of training and experience and cut doctors' mammogram …

More: The Lancet Oncology, Bloomberg, The Economic Times, Silicon Republic, The Guardian, BBC, Sky News, The Times, Tech Xplore, Cryptopolitan, and Politico

Bluesky: @claeshs.bsky.social. Forums: r/science

Emilia David / The Verge:

Meta releases AudioCraft, a new open-source AI model that lets users create music and sounds via prompts, consisting of MusicGen, AudioGen, and EnCodec models — It consists of three AI models, all tackling different areas of sound generation. MusicGen takes text inputs to generate music.

More: Engadget, Reuters, TechCrunch, SiliconANGLE, Meta, and Variety

Twitter: @metanewsroom. Facebook: Mark Zuckerberg

See also Mediagazer

Aidan Ryan / The Information:

Sources: Changpeng Zhao tried to liquidate Binance.US earlier this year, before pivoting to attempting to sell the company, holding talks with Gemini and others — Binance founder and CEO Changpeng Zhao attempted to shut down the crypto exchange's U.S. offshoot earlier this year …

More: Bitcoinist.com, Coinpedia Fintech News, Cryptopolitan, Cointelegraph, Metaverse Post, crypto.news, Unchained Crypto, and CoinDesk

Twitter: @adamscochran, @aidanfitzryan, and @amir

Charlie Fink / Forbes:

Inworld, which uses AI to help developers create game characters, raised $30M led by Lightspeed at a $500M+ valuation, following a $50M Series A in August 2022 — Inworld, which makes AI-driven non-player characters (NPCs) for games and other applications has raised approximately $30 in new funding from Lightspeed Venture Partners.

More: FinSMEs, TechCrunch, VentureBeat, Axios, Voicebot.ai, businesswire.com, and Lightspeed Venture Partners

Bluesky: @thewanderingjew.bsky.social. Twitter: @inworld_ai and @kerrymflynn

Alex Ross / New Yorker:

After iTunes failed to save classical music, Apple Music Classical seems an oddly clumsy point of entry, offering some good features but falling short of rivals — As classical listeners shift to streaming, Apple's bespoke app falls short of its smaller-scale competitors.

Twitter: @ajdoug, @artsjournalnews, @ionarts, and @scurve

Kyle Bradshaw / 9to5Google:

Google delists its AI Test Kitchen app, which let users test AI-powered tools, on Android and iOS, moving the service to the web to receive faster updates — Once a miniature playground for the public to test Google's blossoming AI-powered tools, the AI Test Kitchen app has been delisted …

More: TechCrunch, OnMSFT.com, and Android Headlines

Brody Ford / Bloomberg:

Slack launches Slack Sales Elevate, offering deeper integration with Salesforce's Sales Cloud for $60 per month on top of existing Slack and Salesforce fees — - More Slack editions coming for customer service, marketing — New Slack CEO Lidiane Jones focuses on product updates

More: VentureBeat and Android Police

Fortune:

A look at Katie Haun's $1.5B crypto fund, launched in spring 2022 just before the crypto crash, which has now deployed ~30% of its cash to ~24 startups — On a sunny morning in April, Katie Haun trudged up a winding path around the Stanford Dish in the hills over Palo Alto.

Twitter: @leomschwartz

Anton Shilov / Tom's Hardware:

Bernstein analysts estimate that nearly 10% of servers worldwide are powered by Arm SoCs and 40% of those are in China — The rise of Arm-based servers us clear and consistent, Bernstein says. — Due to increasing difficulty in obtaining high-performance x86 servers …

More: Wccftech and TechPowerUp

Mastodon: @shepgo@mastodon.social. Twitter: @ericjhonsa

Tom Warren / The Verge:

Microsoft now lets Xbox owners stream gameplay from the console to Discord users, rolling out to all Xbox users in the coming months — Microsoft is improving its Xbox and Discord integration with a new streaming gameplay feature. Xbox owners will soon be able to stream their gameplay …

More: Discord Blog, Windows Central, Engadget, TechCrunch, IGN, and Mashable

Colin Wilhelm / The Block:

3AC co-founder Kyle Davies tells a US court he is not subjecting himself to or accepting the jurisdiction of US courts since he renounced citizenship in 2020 — - Three Arrows Capital co-founder Kyle Davies said he renounced his U.S. citizenship, and that U.S. courts no longer have jurisdiction over him.

More: crypto.news, DL News, Cryptonews, Cointelegraph, and Decrypt. Forums: r/Buttcoin

Ingrid Lunden / TechCrunch:

Hopin, the struggling virtual events startup valued at nearly $7.7B in June 2021, sells its Events and Session units to RingCentral for an undisclosed sum — Hopin, the virtual events startup that saw its star (and valuation) rise quickly during the Covid-19 pandemic, is most definitely coming down to earth.

More: businesswire.com, Tech.eu, Hopin, Financial Times, and UKTN

Threads: @carnage4life, @chris, and @benedictevans

Twitter: @johnnyboufarhat and @davidspinks. Thanks:@ingridlunden

Sahil Patel / The Information:

Sources: some top ad agency executives plan to commit at least 10% to 20% more with YouTube this fall than in 2022; traditional TV ad commitments are down 15% — The Hollywood labor strikes have proven a boon for YouTube, with Google's video-streaming service luring television ad buyers …

More: Digiday. Threads: @carnage4life. Twitter: @aagave

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