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

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 …

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.

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 …

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.”

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

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 …

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.

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.

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.

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

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.

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 …

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.

Netflix iOS app code suggests the ad-supported tier, arriving in early 2023, won't let users download shows for offline viewing or skip ads  —  Netflix Inc. isn't planning to let users of its new ad-supported tier download shows and movies to their devices for offline viewing …

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'

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.

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 …