Techmeme
August 8, 2022, 7:05 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 …
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.
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.
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 plans to restrict Chinese smartphone makers from selling devices below ~$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 below its $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.
Patrick Coffee / Wall Street Journal:
Lyft forms Lyft Media, a business unit to consolidate and expand its ad offerings, and plans to show more ads in cars, on its app, and at bike-share stations  —  Through its Lyft Media unit, the ride-hailing company plans to offer more ads inside cars, on its app and at bike-share stations

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
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:
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 …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Fri. 11/22 - An LLM Siri But... Only The Year AFTER Next?
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 7:05 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

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