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August 3, 2022, 1:40 PM
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WeSmirchTop News
| Jason Nelson / Decrypt: |
An unknown attacker has been emptying Solana and USDC wallets; Solscan says over 15,000 wallets have been affected, draining $4.46M, primarily in SOL and USDC — An unknown attacker drained thousands of wallets containing at least $4 million worth of Solana and USDC late Tuesday night.
More:
CoinDesk, The Block, The Block, Wall Street Journal, Gizmodo, BleepingComputer, Bloomberg, Elliptic Connect, NBC News, CyberScoop, TechRadar, CoinGape, MUO, CryptoSlate, CoinDesk, Financial Times, Fortune, CNBC, Metaverse Post, Engadget, Cryptonews, Cointelegraph, PYMNTS.com, Ethereum World News, Cybernews.com, ZyCrypto, and The Verge
Tweets: @0xfoobar, @phantom, @solanastatus, @peckshieldalert, @magiceden, @aeyakovenko, @solanastatus, @solporttom, @solanastatus, @solanastatus, @cz_binance, @milesdeutscher, @sandeepnailwal, @justinbarlow, @fatmanterra, @solanastatus, @cobie, @lyu_johnny, @officer_cia, @caspiancey, @silvermanjacob, @aeyakovenko, @naeper, @nftpeasant, @justin_bons, @coinbureau, @liron, @hosseeb, @buccocapital, @justinsuntron, @stevekovach, @top7ico, @mattdesl, @matthew_d_green, @justinbarlow, @silvermanjacob, @web3isgreat, @solbigbrain, and @thisisnuse
| Brian Newar / Cointelegraph: |
More:
Chainalysis, BestBrokers.com, Reuters, TechRepublic, The Daily Bitcoiner, The Block, Protos, SecurityWeek, Web3 Digest, and Coinpedia
Tweets: @nomadxyz_, @samczsun, @nomadxyz_, @0xfoobar, @nomadxyz_, @samczsun, @0xfoobar, @xiliangchen, @fatmanterra, @mg_486662, @chainalysis, @cwgoes, @arjunbhuptani, @paradigmeng420, and @lorenzofb
| Thomas Seal / Bloomberg: |
Textbook publisher Pearson plans to turn its e-books into NFTs to take a cut from secondhand sales and has a team exploring “the implications of the metaverse” — The chief executive officer of Pearson Plc, one of the world's largest textbook publishers, said he hopes technology …
More:
The Verge, The Guardian, Cointelegraph, Telegraph, and Cryptoflies
Tweets: @samoore_, @pacificleo, @shortformernie, @chainlinkp, @sarthakgh, @iancutress, @miketanier, @hankgreen, @vogon, @joshelman, @carnage4life, @hypervisible, @pt, @meyerweb, @michellemanafy, @rjcc, @hayatohuseman, @dansinker, @jasonhitchcock, @alexhern, @frankcatalano, @benedictevans, @holdenthepage, @willoremus, and @dancow
| Jessica Klein / Input: |
An interview with Bored Ape Yacht Club creators Greg Solano and Wylie Aronow on BuzzFeed “doxxing” them, Yuga Labs, BAYC's future, the Otherside game, and more — The evening of February 4, business partners Greg Solano, 33, and Wylie Aronow, 35, were at their respective homes …
Tweets: @ethangach, @jiwilde, @taylorlorenz, @inputmag, @inputmag, @nickchilds, @markyarm, and @inputmag
| Takashi Mochizuki / Bloomberg: |
Nintendo misses with Q1 sales down 4.7% YoY to ~$2.3B and operating profit down 15.1% YoY to ~$763M; Switch sales fell 22.9% YoY to 3.43M units — Nintendo Co. reported worse-than-expected first-quarter earnings on Wednesday as a weaker yen failed to offset declining hardware and software sales.
Source:
Nintendo Investor Relations. More:
VentureBeat, Thurrott, The Verge, GamesIndustry.biz, VentureBeat, Wccftech, Agence France-Presse, Video Games Chronicle, Reuters, Engadget, and iMore
Tweets: @6d6f636869 and @mattsainsb
| Sam Rutherford / Engadget: |
Review of the OnePlus 10T, unveiled today for $649: Snapdragon 8+ Gen 1 and wired charging are fast, but water resistance is weak and 2MP macro camera is a bust — When OnePlus does a mid-year refresh of its phones, typically you end up with a slightly snappier device with a handful of slight refinements.| Ingrid Lunden / TechCrunch: |
Thoma Bravo plans to acquire enterprise identity management service Ping Identity in an all-cash $2.8B deal; Ping misses on Q2 revenue down 9% YoY to $72M — After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move … | Nikkei Asia: |
US House Speaker Nancy Pelosi met with TSMC Chairman Mark Liu, Pegatron Vice Chairman Jason Cheng, and others in Taiwan to discuss the Chips and Science Act — TAIPEI — U.S. House Speaker Nancy Pelosi met with Taiwan's most important chip industry leaders in Taipei on Wednesday as part …
More:
Reuters, Bloomberg, Bloomberg, 9to5Mac, Clandestine's Newsletter, Wall Street Journal, TechNode, Reuters, and DigiTimes
Tweets: @jchengwsj, @speakerpelosi, @speakerpelosi, @akinunver, @business, @pelositracker_, and @silvermanjacob
| Financial Times: |
More:
Tom's Hardware, Stratechery, The Economic Times, Technopolitik, and Silicon Republic
Tweets: @muradahmed and @leilamechoui
| Kate Kaye / Protocol: |
Due to concerns over cloud computing costs, some companies are shifting their data and ML models to on-premises servers and investing in hybrid infrastructure — A quick-service restaurant chain is running its AI models on machines inside its stores to localize delivery logistics.
Tweets: @tariqkrim and @counternotions
| Jamie Crawley / CoinDesk: |
Chiliz, which owns digital fan token service Socios, buys a 24.5% stake in soccer club FC Barcelona's Barça Studios for $100M and plans to expand its Web3 plans — Chiliz has acquired a 24.5% stake in Barca Studios, the Spanish soccer giant's digital-content creation arm.
More:
Socios.com, FC Barcelona, Decrypt, BeInCrypto, Bitcoin News, ESPN.com, Channel NewsAsia, and Bitcoinist.com
Tweets: @fcbarcelona, @josephmdurso, @josephmdurso, @graemebailey, @samuelmarsden, @socios, @josephmdurso, @wublockchain, @socios, and @uglygame
| Tom Warren / The Verge: |
Amazon launches its Luna game streaming service on Samsung's 2022 smart TVs and monitors as part of the Samsung Gaming Hub — Luna joins Stadia, GeForce Now, and Xbox Cloud Gaming in the Samsung Gaming Hub — Amazon's game streaming service, Luna, is launching on Samsung's 2022 smart TVs and monitors today.
More:
Samsung Newsroom, Thurrott, Amazon Luna, 9to5Google, SamMobile, Android Central, Digital Trends, and The Shortcut
| Financial Times: |
Source: Meta Global Affairs President Nick Clegg is partly relocating to London for personal reasons, splitting his schedule between California and the UK — Global affairs chief will split his time between UK and California as social media group embraces remote leadership
More:
Bloomberg, The Guardian, The Guardian, Daily Mail, and Fortune
Tweets: @henrymance, @muradahmed, @aulia, and @daaronovitch
| Sarah Perez / TechCrunch: |
Match Group says Tinder CEO Renate Nyborg is leaving after less than a year, reorganizes the app's management team, and ends Tinder's crypto and metaverse plans — Dating giant Match Group announced a series of changes to Tinder's management team alongside the announcement of disappointing second-quarter earnings on Tuesday.
More:
Engadget, MarketWatch, Reuters, Fast Company, Barron's Online, CNBC, TechCircle, The Guardian, Lil Durk, BBC, ExchangeWire.com, The Economic Times, and Cryptonews
Tweets: @jbursz, @sameepa, @mrinaldesai, and @mikebutcher
| Manish Singh / TechCrunch: |
India's government withdraws its long-awaited Personal Data Protection Bill, criticized by privacy advocates and tech giants, and will focus on a new framework — The Indian government is withdrawing its long-awaited Personal Data Protection Bill that drew scrutiny from several privacy advocates …
More:
The Economic Times, Reuters, Bloomberg, Access Now, Reuters, and The Indian Express
| Martin Peers / Bloomberg: |
Apple's secrecy around its Services revenue, up 12% YoY in Q3 but down from a 25% average in the four previous quarters, shows why investors need more insight — Analyzing Apple's earnings can, on occasion, feel like looking at a jigsaw puzzle with some of the pieces missing.| Bloomberg: |
Sources: White House antitrust adviser Tim Wu plans to leave in the coming months and return to Columbia Law School; Wu helped develop Biden's EO on competition — White House adviser Tim Wu, who worked to shape the Biden administration's agenda to increase economic competition … | Mike Wheatley / SiliconANGLE: |
Aisera, which is developing an AI-based customer service requests system, raised a $90M Series D led by Goldman Sachs and Thoma Bravo — Aisera Inc., an artificial intelligence-powered “service experience” startup that aims to enhance employee and customer experiences …
More:
TechCrunch, FinSMEs, VentureBeat, and Aisera
| Caitlin McCabe / Wall Street Journal: |
Robinhood plans to cut its headcount by ~23% over “additional deterioration of the macro environment”, after laying off ~9% of full-time employees in April 2022 — The job cuts mark the second round of layoffs for the online brokerage, which exploded in popularity during the Covid-19 pandemic
Source:
Under the Hood. More:
New York Times, Mercury News, Crypto Briefing, Crypto Daily, Newslit Daily, Decrypt, Watcher Guru, The Guardian, Global Nerdy, AltFi, and Fortune
Tweets: @ronlieber, @ahcastor, @michelezanini, @menlobear, @steveclapham, @carnage4life, @seldo, @bullandbaird, @rmac18, @seldo, @quinnypig, and @carlquintanilla
| Ashley Capoot / CNBC: |
More:
Robinhood - Investor Relations, Cointelegraph, CryptoPotato, and TechSpot
Tweets: @carnage4life, @karaswisher, and @chriskeall
| Yun Li / CNBC: |
AMTD Digital, a Hong Kong-based fintech popular on WallStreetBets, briefly sees its market cap top $300B and its stock jump 21,400% after its July 2022 IPO — - AMTD Digital, a little-known Hong Kong-based fintech company, saw its shares skyrocket 126% on Tuesday alone after experiencing a series of trading halts.| Tom Warren / The Verge: |
NPD Group: US consumer spending on video game products fell 13% YoY to $12.35B in Q2 2022; non-mobile subscription content was Q2's only segment that saw growth — The video game industry growth has slowed down — US consumer spending on video game products has fallen by $1.78 billion in Q2, according to market research firm NPD.
Source:
NPD Group. More:
Tom Merritt Tech Newsletter, KnowTechie, and The Shortcut
Tweets: @matpiscatella, @benjisales, @bahlivern, @boundarybreak, @necksplitter, @mavriqgg, @paultassi, @zeuslfc, @legacykillahd, and @tomwarren
| Kate Beioley / Financial Times: |
In a U-turn, the UK's CMA provisionally agrees to the $8B merger between Avast and NortonLifeLock, citing “significant competition” from McAfee and others — Avast shares rise more than 40% after CMA provisionally agrees $8bn merger with US rival
More:
GOV.UK, Silicon Republic, Neowin, TechCrunch, The Register, Bloomberg, and SecurityWeek
| Natasha Mascarenhas / TechCrunch: |
Y Combinator shrinks its Summer cohort to nearly 250 companies, down 40% from 414 in its Winter cohort, due to the downturn in the economy and VC environment — Technically, the accelerator is more exclusive now — Y Combinator says it has intentionally shrunk the number of startups within its accelerator for the Summer 2022 batch.
More:
The Information and The Economic Times
Tweets: @nmasc_, @brianroemmele, @ulonnaya, @nmasc_, and @robustus
| Zhiyuan Sun / Cointelegraph: |
Nansen: users spent ~$2.7B worth of ether to mint NFTs in H1 2022; 50.7% of the ETH raised stayed with the NFT projects and 45.7% went to non-entity wallets — Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong.Sponsor Posts
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Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
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