Posts by blatcho:

Eminem and Snoop Dogg performed at MTV’s Video Music Awards in Yuga Labs’ game Otherside, using Bored Yacht Ape NFT avatars that they own (Daniel Van Boom/CNET)

Daniel Van Boom / CNET: Eminem and Snoop Dogg performed at MTV’s Video Music Awards in Yuga Labs’ game Otherside, using Bored Yacht Ape NFT avatars that they own  —  Just like the video clip for the song, Eminem and Snoop Dogg performed “From The D 2 The LBC” as their Bored Apes during Sunday’s […]

Reliance Jio, which has 421M subscribers, says it will spend $25B to launch a 5G service in October and plans to expand to “every town” in India by end of 2023 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Reliance Jio, which has 421M subscribers, says it will spend $25B to launch a 5G service in October and plans to expand to “every town” in India by end of 2023  —  Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout …

Sources: EU regulators will not appeal a court ruling scrapping a €997M fine against Qualcomm for allegedly paying Apple billions to use only Qualcomm chips (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters: Sources: EU regulators will not appeal a court ruling scrapping a €997M fine against Qualcomm for allegedly paying Apple billions to use only Qualcomm chips  —  EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm …

Trademark filings suggest Apple is considering calling its mixed reality headset “Reality One” or “Reality Pro” and its specialized chip “Reality Processor” (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Trademark filings suggest Apple is considering calling its mixed reality headset “Reality One” or “Reality Pro” and its specialized chip “Reality Processor”  —  Trademark filings suggest that Apple Inc. may be staking claim to potential names …

Profile of Kim Choong-Ki, a professor at the Korea Advanced Institute of Science and Technology, who is revered as the godfather of South Korea’s chip industry (Dong-Won Kim/IEEE Spectrum)

Dong-Won Kim / IEEE Spectrum: Profile of Kim Choong-Ki, a professor at the Korea Advanced Institute of Science and Technology, who is revered as the godfather of South Korea’s chip industry  —  They were called “Kim’s Mafia.”  Kim Choong-Ki himself wouldn’t have put it that way.  But it was true what semiconductor engineers …

A look at past Apple event invite clues, and what the upcoming event’s “Far Out” name might hint at: satellite connectivity, astrophotography mode, and more (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: A look at past Apple event invite clues, and what the upcoming event’s “Far Out” name might hint at: satellite connectivity, astrophotography mode, and more  —  Apple makes it official and will hold its big product launch event on Sept. 7.  Also: The company confirms …

The bubble that Masayoshi Son blamed for SoftBank’s $23B loss last quarter is one that he helped create through Vision Fund, which distorted the VC market (Max Chafkin/Bloomberg)

Max Chafkin / Bloomberg: The bubble that Masayoshi Son blamed for SoftBank’s $23B loss last quarter is one that he helped create through Vision Fund, which distorted the VC market  —  In retrospect there were reasons to be skeptical of the Vision Fund, the attempt by the Japanese tech conglomerate SoftBank Group Corp …

Mobile commerce, one-click checkouts, and short-form video have enabled “drops” to spread beyond the fashion world, turning product launches into marquee events (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal: Mobile commerce, one-click checkouts, and short-form video have enabled “drops” to spread beyond the fashion world, turning product launches into marquee events  —  Technology is changing the launch of everything from soap to sneakers … Once upon a time, not that many years ago …

Tribune Publishing says disabling Google’s AMP led to very little impact on mobile search referrals, as year-long drops mostly aligned to broader search trends (Kurt Gessler)

Kurt Gessler: Tribune Publishing says disabling Google’s AMP led to very little impact on mobile search referrals, as year-long drops mostly aligned to broader search trends  —  Ahead of its June 2021 algorithm update, Google made a significant announcement as part of its shift to emphasize overall page experience …

Tech in translation

The Sony Walkman and virtual reality headsets are not just prominent examples of personal technology. In the hands of Paul Roquet, they’re also vehicles for learning more about Japan, the U.S., global technology trends — and ourselves. Roquet is an associate professor in MIT’s program in Comparative Media Studies/Writing, and his forte is analyzing how […]

Ahead of launch of passkeys, which requires users to have two-factor authentication, Apple says 95%+ of active iCloud users have 2FA enabled on their accounts (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac: Ahead of launch of passkeys, which requires users to have two-factor authentication, Apple says 95%+ of active iCloud users have 2FA enabled on their accounts  —  With its next round of software updates coming this fall, including iOS 16 and macOS Ventura, Apple will launch integrated support for the passkeys standard.

Tether, which has promised an audit since at least 2017, says one is “likely months” away; former SEC exec: it needs an audit “akin to a corporate colonoscopy” (Wall Street Journal)

Wall Street Journal: Tether, which has promised an audit since at least 2017, says one is “likely months” away; former SEC exec: it needs an audit “akin to a corporate colonoscopy”  —  Many crypto companies lack basic financial guardrails; ‘Tether needs an audit that’s akin to a corporate colonoscopy’

Google launches Cross device SDK to let developers build experiences across Android phones and tablets, coming later to other Android and non-Android devices (Abner Li/9to5Google)

Abner Li / 9to5Google: Google launches Cross device SDK to let developers build experiences across Android phones and tablets, coming later to other Android and non-Android devices  —  At I/O 2022, Google detailed a way for Android apps to build cross-device experiences, similar to Nearby Share, and the SDK’s developer preview is now available.

Gartner: global spending on tech, including cloud services, is expected to rise ~3% in 2022, well below the 10% annual growth in 2021 and the nearly 7% in 2020 (Aaron Tilley/Wall Street Journal)

Aaron Tilley / Wall Street Journal: Gartner: global spending on tech, including cloud services, is expected to rise ~3% in 2022, well below the 10% annual growth in 2021 and the nearly 7% in 2020  —  After pandemic-fueled gains, the firms contend with a more conservative business environment  —  Why Consumer Confidence Is Key to […]

El Salvador appears to be heading deeper into an economic crisis with funding sources drying up, one year after it adopted bitcoin as legal tender (Daniel Alvarenga/Rolling Stone)

Daniel Alvarenga / Rolling Stone: El Salvador appears to be heading deeper into an economic crisis with funding sources drying up, one year after it adopted bitcoin as legal tender  —  It’s been a year since El Salvador adopted bitcoin as currency — things are not going well  —  SIX DAYS BEFORE El Salvador’s Bitcoin […]

Shuffles, Pinterest’s invite-only collage-making iOS app that launched in late July, is going viral on TikTok; Sensor Tower estimates the app has ~338K installs (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Shuffles, Pinterest’s invite-only collage-making iOS app that launched in late July, is going viral on TikTok; Sensor Tower estimates the app has ~338K installs  —  Collage-style video “mood boards” are going viral on TikTok — and so is the app making them possible.

Facebook agrees in principle to settle a lawsuit alleging it violated consumer privacy laws by sharing user data with 3rd parties, including Cambridge Analytica (Reuters)

Reuters: Facebook agrees in principle to settle a lawsuit alleging it violated consumer privacy laws by sharing user data with 3rd parties, including Cambridge Analytica  —  Meta Platforms Inc’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages …

Sources: Netflix plans to charge $7-$9/month for its ad-supported tier in the US, with ~4 minutes of ads/hour, and may launch it in 2022 in a half dozen markets (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg: Sources: Netflix plans to charge $7-$9/month for its ad-supported tier in the US, with ~4 minutes of ads/hour, and may launch it in 2022 in a half dozen markets  —  Netflix Inc. is considering pricing its new advertising-supported tier at $7 to $9 a month, half as much as its current […]

Meta’s VP of Horizon, Vivek Sharma, is leaving the company after six years; the Horizon team will report directly to Meta’s VP of Metaverse, Vishal Shah (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC: Meta’s VP of Horizon, Vivek Sharma, is leaving the company after six years; the Horizon team will report directly to Meta’s VP of Metaverse, Vishal Shah  —  – Vivek Sharma has been with Meta for six years and was most recently its VP of Horizon.  — Sharma’s team will now report […]

Sources: India’s Enforcement Directorate conducted searches at CoinSwitch Kuber for allegedly acquiring shares of $200M+ in violation of forex laws (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Sources: India’s Enforcement Directorate conducted searches at CoinSwitch Kuber for allegedly acquiring shares of $200M+ in violation of forex laws  —  India’s financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday …

Open Text plans to buy UK-based enterprise software company Micro Focus for ~$6B including debt, a 99% premium on Thursday’s close; Micro Focus stock jumps 90%+ (Derek Decloet/Bloomberg)

Derek Decloet / Bloomberg: Open Text plans to buy UK-based enterprise software company Micro Focus for ~$6B including debt, a 99% premium on Thursday’s close; Micro Focus stock jumps 90%+  —  Canada’s Open Text Corp. struck a deal to buy UK software firm Micro Focus International Plc for about $6 billion including debt …

Meituan reports Q2 revenue up 16% YoY to ~$7.4B and a ~$163.5M net loss, as its “core local commerce” business, including food delivery, rose 9.2% YoY (Bloomberg)

Bloomberg: Meituan reports Q2 revenue up 16% YoY to ~$7.4B and a ~$163.5M net loss, as its “core local commerce” business, including food delivery, rose 9.2% YoY  —  Chinese food delivery titan Meituan reported a better-than-expected 16% increase in quarterly revenue, after appetite …

FTX CEO Sam Bankman-Fried denies a Bloomberg report that FTX Ventures is merging with Alameda Research’s VC operations (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk: FTX CEO Sam Bankman-Fried denies a Bloomberg report that FTX Ventures is merging with Alameda Research’s VC operations  —  Bloomberg had reported that the two operations would merge their venture capital businesses.  —  Sam Bankman-Fried’s FTX Ventures denied a Bloomberg report Thursday …

Affirm reports Q4 revenue up 39% YoY to $364.1M, vs. $354.8M est., but a Q1 2023 revenue outlook of $345M to $365M, vs. $386M est.; stock falls 13%+ after hours (Benjamin Pimentel/Protocol)

Benjamin Pimentel / Protocol: Affirm reports Q4 revenue up 39% YoY to $364.1M, vs. $354.8M est., but a Q1 2023 revenue outlook of $345M to $365M, vs. $386M est.; stock falls 13%+ after hours  —  Shares of Affirm tumbled Thursday after the “buy now, pay later” company reported a weaker-than-expected outlook that underlined an “uncertain […]

Meta made 68 “newsworthiness allowances” from June 2021 to June 2022 for content that may have violated Facebook or Instagram rules, letting the pieces stay up (Queenie Wong/CNET)

Queenie Wong / CNET: Meta made 68 “newsworthiness allowances” from June 2021 to June 2022 for content that may have violated Facebook or Instagram rules, letting the pieces stay up  —  Queenie Wong  —  Queenie Wong is a senior writer for CNET News, who focuses on social media companies including …