Techmeme
July 27, 2022, 3:45 PM

Top News

Ingrid Lunden / TechCrunch:
Spotify has “decided to stop further production of Car Thing units” and will take a €31M charge, citing factors like “product demand and supply chain issues”  —  Spotify's push to complement its music streaming with a big move into podcasting and related content appears …
Todd Spangler / Variety:
Spotify reports Q2 revenue up 23% YoY to €2.9B, a €125M net loss, up from €20M YoY, MAUs up 19% YoY to 433M, and Premium users up 14% YoY to 188M; stock up 10%+  —  Spotify turned in strong numbers for the second quarter, beating expectations for total and paid subscriber adds and reporting 23% revenue growth.
Jason Schreier / Bloomberg:
Interviews with 20+ people detail GTA developer Rockstar's attempts to change its “boys' club” workplace culture, starting in 2018, after complaints and burnout  —  In the summer of 2020, after a police officer killed George Floyd, Rockstar Games quietly shelved a mode of play …
New York Times:
The FTC files to block Meta's acquisition of VR company Within, saying Meta “chose to buy” instead of compete, the first antitrust lawsuit filed under Lina Khan  —  The move is a blow to Meta's metaverse efforts and signals a shift in how the Federal Trade Commission is approaching tech deals.
Chris Stokel-Walker / Gizmodo:
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”  —  Leaked documents detail what TikTok tells the media—and what it doesn't.  —  Leaked documents from within TikTok reveal …
Emma Roth / The Verge:
Ivan Mehta / TechCrunch:
Google announces Maps updates: photorealistic aerial views of nearly 100 landmarks, more detailed cycling route information, and location sharing notifications  —  Google — facing increasing competition from other apps like Instagram and TikTok when it comes to consumers searching for things …
Vikas SN / Moneycontrol:
Alex Heath / The Verge:
Mark Zuckerberg told employees that Meta and Apple are in a “very deep, philosophical competition” to build the metaverse and set the internet's direction  —  “This is a competition of philosophies and ideas,” Meta's CEO recently told employees  —  Mark Zuckerberg believes …
Abner Li / 9to5Google:
Google delays the phaseout of third-party cookies in Chrome to H2 2024, after delaying it from 2022 to 2023, citing the need for more Privacy Sandbox tests  —  Google was originally planning to get rid of third-party cookies in its browser by 2022, but that was later pushed back to 2023.
Taylor Lorenz / Taylor Lorenz's Newsletter:
Nostalgia for the “old”, chronological Instagram makes sense but belies changing norms around online sharing, communication, privacy, and engaging content  —  It isn't just the platform that has changed, we have too.  —  Over the past few days there's been a movement to “Make Instagram Instagram again.”
Ry Crist / CNET:
Like Amazon's Ring, Google's Nest reserves the right to comply with emergency US law enforcement requests for video footage without a warrant or user consent  —  The law lets Ring and Google share user footage with police during emergencies without consent and without warrants.  Here's everything you should know.
Kevin Breuninger / CNBC:
The US Senate passes the Chips and Science Act, including $52B+ for US chipmakers plus tax credits to encourage investment; the bill now heads to the House  —  - The Senate passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductors.
Emily Birnbaum / Bloomberg:
Sources: Senate Majority Leader Chuck Schumer told donors at a fundraiser that the AICO Act to pare back the power of Big Tech companies doesn't have the votes  —  Senate Majority Leader Chuck Schumer told a group of donors that he doesn't believe that there are enough votes in the Senate …
Leah Nylen / Bloomberg:
Stefanie Marotta / Bloomberg:
Shopify misses as Q2 revenue grew 16% YoY to $1.3B and GMV reached $46.9B, up 11% YoY; SHOP rises 6%+, after crashing 14% on Tuesday due to layoffs  —  Shopify Inc. rallied, reversing losses in premarket trading, as Chief Executive Officer Tobi Lutke urged investors to overlook the slowdown …
Kurt Wagner / Bloomberg:
Memo: Twitter plans to reduce office space in San Francisco, New York, Sydney, Seoul, Osaka, Tokyo, Mumbai, New Delhi, Dublin, and more, in a bid to cut costs  —  Twitter Inc. is cutting back on its physical office space in several global markets, including San Francisco, New York and Sydney …
Daniel Rubino / Windows Central:
Microsoft's Q4 Surface revenue increased 10% YoY, driven by commercial PC sales, as Windows OEM revenue declined 2% YoY due to PC production shutdowns in China  —  Production shutdowns hampered commercial PC sales, but Microsoft's Surface met expectations due to enterprise purchases.
Tom Ivan / Video Games Chronicle:

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Mon. 11/04 - Apple Buying And Investing In Things
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 3:45 PM ET, July 27, 2022.

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

Earlier Picks

Bill Toulas / BleepingComputer:
Tom Warren / The Verge:
Dan Goodin / Ars Technica: