Techmeme
August 8, 2022, 10:15 PM

Top News

Kollen Post / The Block:
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea  —  - The Treasury is sanctioning DeFi mixing service, Tornado Cash.  — The move is the agency's second sanction of a mixing service.
Carly Page / TechCrunch:
Twilio discloses “unauthorized access” on August 4 by a “sophisticated” unknown actor using an SMS-based phishing attack on staff to gain info on some accounts  —  Communications giant Twilio has confirmed hackers accessed customer data after successfully tricking employees …
Jack Stebbins / CNBC:
Apptopia: Netflix's games have 23.3M downloads and average 1.7M DAUs, under 1% of Netflix's 221M subscribers; Netflix plans to have 50 games by the end of 2022  —  - Netflix plans to expand its video game catalog from 24 to 50 by year-end, marking a significant investment.
Kate Park / TechCrunch:
Crypto.com says it has secured registrations to operate as a virtual asset service provider in South Korea, acquires two local startups for undisclosed amounts  —  Singapore-based cryptocurrency platform Crypto.com has acquired two startups in South Korea — payment service provider PnLink …
Chance Miller / 9to5Mac:
iOS 16 beta 5 adds an option to show the battery percentage in the status bar on some iPhones, after Apple removed it for notched models at the iPhone X's debut  —  The battery percentage has finally been added back to the status bar with today's release of iOS 16 beta 5.
Olga Kharif / Bloomberg:
A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September  —  A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.
Sam Nussey / Reuters:
SoftBank reports a ~$17.23B loss for Vision Fund in Q1 2022, as the value of its tech portfolio fell, including SenseTime and Uber, after a record Q4 2021 loss  —  SoftBank Group Corp (9984.T) on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter …
Mark Gurman / Bloomberg:
Filings: Apple spent $33M in fiscal 2021 and $169M in 2022 to date on acquisition payments, down from $1.5B in 2020, a dramatic slowdown in its dealmaking  —  Apple Inc., which used to acquire a company every three or four weeks, has dramatically slowed its dealmaking in the past two years …
Sankalp Phartiyal / Bloomberg:
Sources: India to restrict Chinese smartphone makers from selling devices cheaper than $150 to boost its domestic industry, impacting Xiaomi, Realme, and others  —  India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart …
Ashley Capoot / CNBC:
Nvidia reports Q2 preliminary earnings, showing $6.7B revenue, down 19% from Q1 and less than $8.1B guidance, driven by weaker gaming revenue; stock drops 6.3%  —  - Nvidia shares dipped Monday after the company released preliminary earnings that show early second-quarter revenue of $6.7 billion, well below its outlook of $8.1 billion.

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Gamification: A simple way to enjoy getting more work done  —  Work doesn't have to be boring.  Gamification transforms everyday tasks into exciting challenges, making employees feel more engaged and motivated.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
A field guide for introverts: How to thrive at work without changing who you are | Susan Cain (author of "Quiet")
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
E2EE For All!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Why Trump can't be trusted with Congress' new anti-deepfake bill
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
The Logan Bartlett Show:
Flexport CEO Ryan Petersen Breaks Down the Global Impact of Trump's New Tariffs
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Generative Now:
Dan Shipper: The First MultiModal Media Company
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Spotlight On:
Nebius's Arkady Volozh on What it Takes to Build Infrastructure Needed for the AI Era
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:15 PM ET, August 8, 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

Jacob Kastrenakes / The Verge:

Earlier Picks

Patrick Coffee / Wall Street Journal:
Ryan Tracy / Wall Street Journal:
Patience Haggin / Wall Street Journal:
Rebecca Bellan / TechCrunch: