Techmeme
August 8, 2024, 6:55 AM

Top News

Nicholas Sutrich / Android Central:
Meta closes Ready at Dawn Studios, acquired in 2020 and that produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceiling  —  Echo VR developer Ready at Dawn Studios is now closed for business.  —  Updated 8/17 at 5:19pm ET: The information Android Central …
Financial Times:
Sources: Google and Meta ran a pilot program in the US in May 2024 to target Instagram ads to teenagers on YouTube, which prohibits targeting ads to under-18s  —  Campaign on YouTube to boost Instagram's appeal to young people skirted search group's rules for marketing to under-18s
Natasha Lomas / TechCrunch:
Financial Times:
Chris Dolmetsch / Bloomberg:
A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the ~$2B the SEC had sought in the case; XRP jumps 20%+  —  - Regulator had sought almost $2 billion in fines, penalties  — Ripple token XRP surges on court ruling but is flat this year
Thomas Brewster / Forbes:
Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks  —  Weaknesses in Chrome, Firefox and Safari gave hackers a route into internal networks, even those protected by firewalls, security researchers warn.
Lily Hay Newman / Wired:
A researcher details a Windows Update vulnerability that could be exploited to downgrade key components of Windows to older versions that contain known flaws  —  A researcher found a vulnerability that would let hackers strategically downgrade a target's Windows version to reexpose patched vulnerabilities.
Lauren Feiner / The Verge:
A group of VCs, including Reid Hoffman and Ron Conway, hosted a “VCs for Kamala” Zoom call to support Harris' campaign with up to 600 attendees, raising $150K  —  It started with a “rage tweet.”  —  “Gonna start ‘VCs for Democracy,’” Leslie Feinzaig, founder and general partner at Graham & Walker, wrote on X in late July.
RTÉ:
Ireland's DPC launches High Court proceedings against X over concerns about the company's use of user data in the EU and EEA to train AI systems including Grok  —  The Data Protection Commission has launched High Court proceedings against Twitter International Unlimited Company over concerns …
Kylie Robison / The Verge:
Bill Peters / MarketWatch:
Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in Q2 2023  —  Cryptocurrencies revenue up 161% in second quarter, while equities revenue rises 60%  —  Robinhood Markets Inc. reported second …

Sponsor Posts

Airtable:
3 bold predictions for the future of Product Management  —  Do you know how to set up your product organization for success as you embrace AI transformation to supercharge your operations?  Learn how to win with Airtable.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Meet Zoho Notebook—tailored for Apple's latest updates!  —  We're back with great news for Apple enthusiasts!  Zoho Notebook is now compatible with Apple's latest updates.  We've got interesting features …
Notion:
Build and scale your company with one tool  —  Used by thousands of startups as their connected workspace for everything from building a roadmap to new hire onboarding.  Get Notion and unlimited AI, free for up to 6 months!
Techmeme Ride Home:
Thu. 09/19 - Pokémon: No!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:55 AM ET, August 8, 2024.

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

Drew Harwell / Washington Post:
Patrick Clark / Bloomberg:

Earlier Picks

Türkiye Today:
Sarah Perez / TechCrunch:
Etan Vlessing / The Hollywood Reporter:
The Information:
Emma Roth / The Verge: