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July 28, 2022, 11:35 AM
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| Meta - Investor Relations: |
Meta reports Q2 revenue down 1% YoY to $28.8B, net income down 36% YoY to $6.69B, and Family of Apps daily active people up 4% YoY to 2.88B; stock drops 6%+ — Announces Plans for Chief Financial Officer Transition and Chief Strategy Officer Appointment MENLO PARK, Calif., July 27 … | Salvador Rodriguez / Wall Street Journal: |
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Financial Times, Gizchina, Axios, The Overspill, and Transistori
| Jordan Novet / CNBC: |
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Mashable, Cointelegraph, and TechCircle
Tweets: @kurtwagner8, @naxuu, @wagatwe, @laurengoode, @mikeisaac, @jason_kint, @blackamazon, @jgb00m, @shannonpareil, @jason_kint, @shannonpareil, @jason_kint, @alexeheath, and @kurtwagner8
| Nelson Wang / CoinDesk: |
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The Block, CNBC, Tech News, and TrackRecord Daily
Tweets: @saranormous, @sharpshoot, @jerrycap, @adamdraper, @modestproposal1, @benedictevans, @munster_gene, and @jank0
| Amanda Silberling / TechCrunch: |
| Matthew Sparkes / New Scientist: |
DeepMind says AlphaFold has predicted the structure of almost every protein cataloged by science, over 200M in total, a problem in biology for decades — Artificial intelligence firm DeepMind has transformed biology by predicting the structure of nearly all proteins known to science in just 18 months …
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DeepMind Blog, The Verge, CNET, The Guardian, Silicon Republic, MIT Technology Review, Insider, TIME, and Financial Times
Tweets: @deepmind, @schrep, @bp22, @erictopol, @aparanjape, @wintonark, @edwinhayward, @alexis_verger, @embl, @demishassabis, @eladgil, @officeforai, @akhljndl, @uksciencechief, @sparkes, @whereisdaz, @sparkes, @sundarpichai, @oliviasolon, @jjaron, @workmj, @sparkes, and @sparkes
| Wall Street Journal: |
Sources: Jack Ma plans to relinquish control of Alibaba's Ant Group, potentially pushing back Ant's IPO for a year or more; regulators approve of the change — The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year
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Bloomberg, PYMNTS.com, The Economic Times, Finbold, Finextra, Barron's Online, TechCrunch, Tech News, Bloomberg, and Reuters
Tweets: @sub8u, @charlesforelle, and @jchengwsj
| Richard Speed / The Register: |
Microsoft details Austria-based malware group Knotweed, which has used Windows and Adobe zero-day exploits to attack European and Central American organizations — Reports seeing ‘offensive actor’ flinging SubZero malware — Microsoft has published an analysis of a Europe-based …
Source:
Microsoft Security Blog. More:
Metacurity, The Hacker News, TechCrunch, Silicon Republic, Forbes, TechRadar, Neowin, and iTnews
| Tom Warren / The Verge: |
Sony begins testing support for 1440p games on the PlayStation 5, a widely requested feature, alongside a curated gamelists and new social tools — Beta testers get access today — Sony is starting to test 1440p resolution support for its PlayStation 5 console, a highly-requested addition.
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PlayStation.Blog, Club386, Forbes, GameSpot, XDA Developers, Engadget, Game Developer, MobileSyrup, TechRadar, TheGamer, Polygon, Neowin, Tom's Guide, Pocket-lint, GamingBolt, Appuals.com, Laptop Mag, BGR India, and The Shortcut
Tweets: @the_poolshark, @bombur, and @tomwarren
| Richard Lawler / The Verge: |
Google rolls out a new Gmail UI, moving the Mail, Meet, Spaces, and Chat buttons onto a rail in the top left, and teases a tablet update for later in 2022 — It's not that different — We've been tracking the progress of Google's interface refresh for Gmail since February, and as promised … | Amanda Silberling / TechCrunch: |
Twitter tests a status feature for tweets, letting users add a label from a pre-determined list, in the US and Australia — Facebook is trying to be TikTok, but now, Twitter is bringing us back a little bit of Facebook (or LiveJournal, or Myspace). Some users are reporting …
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9to5Mac, MacRumors, MSPoweruser, Mashable, and iMore
Tweets: @coolranchzaku, @tifotter, @kellan, @iron_man_actual, and @sfiegerman
| Mark Gurman / Bloomberg: |
Sources: Apple has hired Luigi Taraborrelli, who was most recently Lamborghini's head of chassis and vehicle dynamics, to work on its self-driving electric car — Apple Inc. has enlisted one of Lamborghini's top car-development managers in a sign that it's stepping up work …
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Silicon Republic, The Economic Times, iPhone in Canada Blog, Gizchina, PhoneArena, Tom's Guide, iThinkDifferent, and iClarified
Tweets: @yoda, @jpr007, @stshank, @newsynick, @mikeelgan, and @markgurman
| The Markup: |
A look at 37 companies within the connected vehicle data marketplace, a largely unregulated industry that some estimate will be worth $300B-$800B by 2030 — A firehose of sensitive data from your vehicle is flowing to a group of companies you've probably never heard of
Tweets: @funnymonkey, @themarkup, @jaycstanley, @nabihasyed, @aclu, @jonkeegan, and @lanceulanoff
| Financial Times: |
Greater London Authority warns housing developers about a potential ban on new housing until 2035, citing a growing number of data centers consuming electricity — Greater London Authority warns developers that upgrade might take more than a decade — Developers in west London face …
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The Verge, TechCrunch, Bloomberg, and DCD
| Sara Fischer / Axios: |
Sources: Meta begins telling its 50 US news partners that it will no longer pay for content to run on Facebook's News Tab, ending a three-year deal from 2019 — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content … | Annie Njanja / TechCrunch: |
Worldwide Mobile Pricing 2022 survey of mobile data prices: five of the world's 10 most expensive places are in sub-Saharan Africa; Israel is the cheapest — A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use … | Saritha Rai / Bloomberg: |
An interview with Paytm CEO Vijay Shekhar Sharma on the company's $1B annual revenue goal, post-IPO stock price crash, giving investors more info, and more — Paytm was the poster boy for India's tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry's crash.
Tweets: @saritharai and @sankalp_sp
| Ivan Mehta / TechCrunch: |
Google announces Play Store policies to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps — Google announced new Play Store policies for developers on Wednesday that aim to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps.
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support.google.com and Android Police
| John Loeffler / TechRadar: |
Recent AMD and Nvidia leaks show upcoming GPUs will consume excessive amounts of power, creating a high environmental cost for limited improvement in graphics — The planet may burn but at least the end will be ray-traced at 8K — A number of recent news items over the past few weeks …
Tweets: @pt, @pt, @bitinn, @ianbetteridge, @alexhern, @alexhern, @rhysmorgan, @alexhern, @liasae, @alexhern, @beffernieblack, @j_bertolotti, and @techwontsaveus
| 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.
More:
Federal Trade Commission, Meta, The Verge, Insider, BIG by Matt Stoller, Neowin, The Future, Now and Then, CNBC, and Politico
Tweets: @mikeisaac, @grimezsz, @ftc, @levie, @cswilsonftc, @margarethmcgill, @kerrymflynn, @ronmknox, @benbajarin, @chrisbhoffman, @hoeglaw, @levie, @benedictevans, @eladgil, @mikeisaac, @joshconstine, @reckless, @ronenv, @reckless, @benedictevans, @anshelsag, @adamkovac, @anshelsag, @joshconstine, @econliberties, @slhamlet, @adamkovac, @slhamlet, @sohrabahmari, @anshelsag, @adamkovac, @pt, @lucasmtny, @caseynewton, @ftc, @barry, @reckless, @ballmatthew, @mmasnick, @matthewstoller, @scobleizer, @adamkovac, @chrismessina, @daveleeft, @caseynewton, @adamkovac, @daveleeft, @daveleeft, @ballmatthew, @stevesi, @hoeglaw, @econliberties, @econliberties, @martyswant, @econliberties, @karlbode, @willoremus, @jesselehrich, @karlbode, @karlbode, and @pkafka
| Ina Fried / Axios: |
Meta partners with YouGov and Oasis Labs to survey US Instagram users' race and make sure its products operate fairly; Meta will only get aggregate data — Facebook parent Meta plans to partner with an outside group to survey the race of Instagram customers in hopes of better understanding …
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Oasis Labs
| Bloomberg: |
Crypto exchange FTX US expands its no-fee stock trading service to all US users, including non-crypto investors, and plans to offer options trading next — Crypto exchange FTX US is expanding its no-fee stock trading service to all US users, including non-crypto investors … | Ivan Lam / Counterpoint Research: |
China smartphone sales fell 14.2% YoY in Q2 2022 to the lowest point since Q4 2012; Honor grew sales 103.3% YoY, boosting its Q2 market share from 7.7% to 18.3% — - China's smartphone sales hit a fresh low in Q2 2022 to reach less than half of the sales of the historical peak in Q4 2016.
More:
TechCrunch, The Register, 9to5Mac, Phandroid, Reuters, and Counterpoint Research. Tweets: @neiltwitz
| Dustin Volz / Wall Street Journal: |
Former US national security officials form the Open Source Intelligence Foundation to promote analyzing public data like social media posts for intel-gathering — Social media, satellite images, mobile-phone data can yield as much insight as traditional espionage, but few rules exist
Tweets: @amyzegart, @nkulw, @newley, @bobbychesney, @strausscenter, @wsj, @dnvolz, and @eliothiggins
Sponsor Posts
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Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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