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August 18, 2022, 3:35 PM
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| Meghan Bobrowsky / Wall Street Journal: |
Sources: Evan Spiegel told staff that Snap is stopping future development of its Pixy flying selfie camera as part of a broader reprioritization of resources — Move comes after company reported disappointing earnings and less than four months after the drone was launched| Todd Spangler / Variety: |
Nielsen: in July, for the first time, streaming had the largest share of US TV viewing at 34.8%; Netflix had an 8% share, followed by YouTube with 7.3% — Americans now watch more stuff on TV from streaming services than either broadcast or cable TV. — Streaming platforms, led by Netflix …
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Nielsen, The Hollywood Reporter, The Verge, The Drum, TechCrunch, PCMag, Gizmodo, Engadget, Axios, Android Authority, Nielsen Holdings plc, iThinkDifferent, Wall Street Journal, 9to5Mac, NBC News, OnMSFT.com, Bloomberg, TechSpot, IGN, and The Streamable
Tweets: @nielsen, @mediumbuying, @tvgrimreaper, @jrosenworcel, @sensorpunk, and @nielsen
| Michael Horowitz: |
A researcher says iOS devices do not fully route all network traffic through VPNs, leading to data leaks; ProtonVPN first publicized the issue in March 2020 — VPNs on iOS are broken. At first, they appear to work fine. The iOS device gets a new public IP address and new DNS servers.
More:
Ars Technica, PCMag, 9to5Mac, MacRumors, Macworld, NextPit, TechRadar, iMore, Android Authority, Michael Tsai, AppleInsider, Tech.co, TechSpot, iPhone in Canada Blog, and The Mac Observer
Tweets: @0xkoda, @jgarzik, @sambowne, @nobsbitcoin, @octal, @defensivecomput, @calvingluck, and @adam_k_levin
| Yogita Khatri / The Block: |
Tether partners with “top five” accountancy firm BDO Italia to issue monthly assurance and attestation reports of its reserves “very soon” — - Tether said it has partnered with BDO Italia to issue attestation reports of its reserves. — The stablecoin issuer also aims to go through “a complete audit.”
More:
tether.to, CoinDesk, Crunchbase News, Decrypt, Tech Monitor, CryptoSlate, Bloomberg, Watcher Guru, and Reuters
| Jess Weatherbed / The Verge: |
Google plans to prioritize “content made specifically by and for people” in Search in English globally, covering shopping, tech-related content, and more — The first update starts rolling out on Monday — Google is making a series of updates to Search that aim to tackle clickbait …
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The Keyword, TechCrunch, SiliconANGLE, Search Engine Land, Engadget, 9to5Google, Digital Trends, TechRadar, Fast Company, and Insider
| Ben Cohen / Wall Street Journal: |
Loup Ventures: 75% of US iPhones now have Apple Pay activated, up from 50% in 2020 and 10% in 2016; Apple says 90% of US retailers now take Apple Pay — It took longer than expected for the iPhone to become a wallet. But the patience of Apple is slowly paying off.
More:
PYMNTS.com, Crowdfund Insider, and MacDailyNews
Tweets: @anthony, @rakeshlobster, and @rationalwalk
| Ian King / Bloomberg: |
Sources: Qualcomm is planning a return to the server processors market and is seeking customers, including AWS, for a chip stemming from its purchase of Nuvia — Qualcomm Inc. is taking another run at the market for server processors, according to people familiar with its plans …
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Reuters
| Tom Warren / The Verge: |
Nvidia's GeForce Now game streaming service adds 1440p support at 120fps in Chrome or Edge browsers using the $19.99/month RTX 3080 tier — RTX 3080 members no longer need an app — Nvidia is upgrading its GeForce Now game streaming service to support 1440p resolution at 120fps in a Chrome or Edge browser.
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NVIDIA, Windows Central, 9to5Google, Real Mi Central, Tom's Hardware, Neowin, XDA Developers, Pocket-lint, Engadget, and VentureBeat
| Manish Singh / TechCrunch: |
VideoLan, which develops VLC, says Indian telecom operators have been blocking its website since February 2022; India has 10% of VLC users worldwide — VideoLan, the developer of popular media player VLC, says Indian telecom operators have been blocking its website since February of this year …
More:
Softpedia News, Candid.Technology, Fossbytes, Neowin, Quartz, The Indian Express, India Today, Mashable India tech, TechSpot, and MediaNama
Tweets: @videolan, @internetfreedom, @fsftamilnadu, @sunnynehrabro, @internetfreedom, @sahilriz, and @abhimanyuma
| James Vincent / The Verge: |
Sources: Crypto.com has quietly let go of hundreds more employees since announcing it was laying off around 260 employees, or 5% of its workforce, in June — As the market slumps, Crypto.com is trying to hide the pain — In June, cryptocurrency exchange Crypto.com announced …
More:
TechCrunch, Decrypt, The Economic Times, and Web3 is going just great
Tweets: @theryanford, @readdanwrite, @russellbrandom, and @jjvincent
| Anna Gross / Financial Times: |
Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit — Swedish company announces six acquisitions and posts a rise in first-quarter sales and profits
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Embracer Group, The Verge, Protocol, The Verge, The Hollywood Reporter, CNBC, Engadget, Deadline, VentureBeat, and VentureBeat
Tweets: @nickstatt, @jonporty, @skillupyt, @crecenteb, @kerrymflynn, @embracerinvest, @nickstatt, @sacriel, @serkantoto, and @cade_onder
| Paul Tassi / Forbes: |
After Mark Zuckerberg shared a screenshot from Horizon Worlds for an announcement, people criticize the graphics and Meta's $10B investment in the metaverse — Mark Zuckerberg has once again been roasted on Twitter, not over barbecue sauce or surfing this time.
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PYMNTS.com, Kotaku, TechCrunch, The Daily Dot, PC Gamer, Futurism, Blockworks, Bitcoin News, Fossbytes, The Register, GameRevolution, and Input
Tweets: @jrhennessy, @ordinarytings, @chrisjbakke, @mitchyd, @kaelivanfossen, @kevinroose, @stevekovach, @cd_hooks, @emilygorcenski, @day25, @junlper, @thinking_panda, @libbycwatson, @tha_rami, @iwriteok, @jessnode, @dmitricherniak, @9_volt_, @jeffnolan, @fmanjoo, @rajat_suresh, @dosmeow, @gartenberg, @morningbrew, @stephen_collins, @eevee, @funnygodmother, @kurtmargenau, @plainsite, @kenklippenstein, @lesterfreamon, @kenklippenstein, @jkass99, @rachelmetz, @kevinroose, @skelecap, @ballmatthew, @etbrooking, and @jack
| Jessica Lyons Hardcastle / The Register: |
Google Cloud blocked a 46M requests-per-second DDoS attack on June 1, the largest ever and around 76% bigger than the attack Cloudflare thwarted in June — 46 million requests per second network flood comes as attacks increase by more than 200% compared to last year
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CSO, BleepingComputer, Cloud Blog, PCMag, and Security Affairs
| Bloomberg: |
China criticizes the $52B CHIPS Act, saying the legislation violates fair market principles and targets Beijing's efforts to boost its domestic chip industry — China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements … | Janko Roettgers / Protocol: |
A look at Netflix's gaming initiative: experimenting with ways to surface games to subscribers, hiring for a cloud gaming service, acquiring studios, and more — Netflix's foray into gaming is dead on arrival — at least according to the latest headlines about the company's first few mobile games.| Bloomberg: |
An interview with Animoca Brands co-founder Yat Siu on the “crypto winter”, raising funds, breaking up Meta and Microsoft's “digital dictatorships”, and more — The so-called crypto winter has wiped out $2 trillion in digital currency market value since November, and many investors have gone into hibernation.| Lauren Leffer / Gizmodo: |
Cameo announces Cameo Live, letting users have 10-minute live video calls with celebrities, expanding on DMs and Cameo Calls — We all have those celebrities or notable figures we'd like to sit down with for a conversation. It would be nice, for instance, to be able to ask a talented musician about their creative process.
More:
The Verge, YouTube, Adweek, Fast Company, Chicago Tribune, Engadget, The Drum, Tubefilter, and Mashable. Tweets: @poastsbymatt
| Sisi Jiang / Kotaku: |
Nintendo of America President Doug Bowser tells staff the company is “actively investigating” claims that female contractors were sexually harassed — Doug Bowser said he is 'aware of today's media coverage involving claims made about worker conduct'
More:
HotHardware, MobileSyrup, The Verge, Dexerto, Engadget, GameSpot, and Gizchina
Tweets: @ethangach, @six6jiang, and @nickstatt
| Adveith Nair / Bloomberg: |
Abu Dhabi-based AI company G42 and the Abu Dhabi Growth Fund announce a $10B fund to invest in late-stage tech companies in emerging markets — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. — Abu Dhabi-based artificial intelligence firm G42 …
More:
PYMNTS.com, Gulf News, Reuters, and Tech News
| Siddharth Venkataramakrishnan / Financial Times: |
Dutch payments group Adyen misses as H1 net revenue rose 37% YoY to €608.5M and transaction volume rose 60% YoY to €345.8B; shares drop 11%+ — Payment fintechs boomed during the pandemic but now face growing headwinds — A hiring spree and a surge in company travel led Dutch …
More:
Adyen, Reuters, PYMNTS.com, and Bloomberg
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