Snowflake reports Q2 revenue of $497M vs. $467M est., up 83% YoY, and anticipates product revenue to be between $500M and $505M in Q3; stock up 17%+ after hours (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Snowflake reports Q2 revenue of $497M vs. $467M est., up 83% YoY, and anticipates product revenue to be between $500M and $505M in Q3; stock up 17%+ after hours  —  – Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.

Ireland’s DPC and France’s CNIL are investigating Peiter Zatko’s allegations about Twitter, following his complaint that referenced EU regulators (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch: Ireland’s DPC and France’s CNIL are investigating Peiter Zatko’s allegations about Twitter, following his complaint that referenced EU regulators  —  The explosive Twitter whistleblower complaint that was made public yesterday — detailing a raft of damning allegations across security …

Taking a magnifying glass to data center operations

When the MIT Lincoln Laboratory Supercomputing Center (LLSC) unveiled its TX-GAIA supercomputer in 2019, it provided the MIT community a powerful new resource for applying artificial intelligence to their research. Anyone at MIT can submit a job to the system, which churns through trillions of operations per second to train models for diverse applications, such as spotting tumors in […]

Designing zeolites, porous materials made to trap molecules

Zeolites are a class of minerals used in everything from industrial catalysts and chemical filters to laundry detergents and cat litter. They are mostly composed of silicon and aluminum — two abundant, inexpensive elements — plus oxygen; they have a crystalline structure; and most significantly, they are porous. Among the regularly repeating atomic patterns in […]

Dune Analytics: so far, Tether is not blocking Tornado Cash accounts, potentially violating US Treasury sanctions; Tether says it has not received a request (Washington Post)

Washington Post: Dune Analytics: so far, Tether is not blocking Tornado Cash accounts, potentially violating US Treasury sanctions; Tether says it has not received a request  —  The decision by Tether, the issuer of the world’s largest stablecoin, signals broader industry resistance to the Treasury Department’s sanctioning of Tornado Cash

A look at Intel’s challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000 construction workers during a local building boom (Andrew Welsh-Huggins/Associated Press)

Andrew Welsh-Huggins / Associated Press: A look at Intel’s challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000 construction workers during a local building boom  —  Ohio’s largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers …

Internal memo: Twitter plans to combine its platform health experience team, working on reducing toxic content, and Twitter service team, working on spam bots (Sheila Dang/Reuters)

Sheila Dang / Reuters: Internal memo: Twitter plans to combine its platform health experience team, working on reducing toxic content, and Twitter service team, working on spam bots  —  Twitter Inc (TWTR.N) is combining teams that work on reducing toxic content and spam bots, according to a staff memo on Tuesday seen by Reuters …

Building better batteries, faster

To help combat climate change, many car manufacturers are racing to add more electric vehicles in their lineups. But to convince prospective buyers, manufacturers need to improve how far these cars can go on a single charge. One of their main challenges? Figuring out how to make extremely powerful but lightweight batteries. Typically, however, it […]

Yelp will add a note on crisis pregnancy center pages to distinguish them from clinics with abortion services, amid pressure on Google to clarify search results (Ina Fried/Axios)

Ina Fried / Axios: Yelp will add a note on crisis pregnancy center pages to distinguish them from clinics with abortion services, amid pressure on Google to clarify search results  —  Yelp is adding a prominent consumer notice to crisis pregnancy center listings to more clearly distinguish them from clinics …

TikTok is testing a new “Nearby” feed with select users in Southeast Asia that displays local content to users, alongside a location tag feature for creators (Aisha Malik/TechCrunch)

Aisha Malik / TechCrunch: TikTok is testing a new “Nearby” feed with select users in Southeast Asia that displays local content to users, alongside a location tag feature for creators  —  TikTok is testing a new ‘Nearby’ feed that is designed to display local content to users.

Court filing: the FTC agrees to drop Mark Zuckerberg as a defendant in a suit to block Meta’s Within acquisition after Meta vowed he wouldn’t buy it personally (Cecilia Kang/New York Times)

Cecilia Kang / New York Times: Court filing: the FTC agrees to drop Mark Zuckerberg as a defendant in a suit to block Meta’s Within acquisition after Meta vowed he wouldn’t buy it personally  —  The agency said it made the decision after Meta promised Mr. Zuckerberg would not try to personally purchase the start-up […]

Inworld, which helps developers create AI-based virtual characters for video games, raised a $50M Series A led by Section 32 and Intel Capital (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: Inworld, which helps developers create AI-based virtual characters for video games, raised a $50M Series A led by Section 32 and Intel Capital  —  Inworld AI has raised $50 million for its developer platform for creating AI-driven virtual characters in video games and the metaverse.

Intel signs an unusual $30B agreement with Canadian asset manager Brookfield to help fund its factory expansion plans; the companies will split future revenue (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal: Intel signs an unusual $30B agreement with Canadian asset manager Brookfield to help fund its factory expansion plans; the companies will split future revenue  —  Funding arrangement could be first of many such partnerships as U.S. chip giant expands manufacturing, Intel CFO says

DigitalOcean plans to acquire web hosting company Cloudways for $350M in cash; around half of Cloudways’ clients already use DigitalOcean (Brody Ford/Bloomberg)

Brody Ford / Bloomberg: DigitalOcean plans to acquire web hosting company Cloudways for $350M in cash; around half of Cloudways’ clients already use DigitalOcean  —  DigitalOcean Holdings Inc., a cloud services provider, agreed to acquire website-hosting firm Cloudways for $350 million in an all-cash deal.

Sources: in Q2 Instacart’s revenue rose 39% YoY to $621M, orders increased 25% YoY to 60M+, and order volume rose 21% YoY to $7.1B, as the company plans its IPO (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal: Sources: in Q2 Instacart’s revenue rose 39% YoY to $621M, orders increased 25% YoY to 60M+, and order volume rose 21% YoY to $7.1B, as the company plans its IPO  —  Grocery-delivery platform is one of the few Silicon Valley startups headed for a public listing soon

LockBit ransomware’s leak sites suffer a DDoS attack after it claimed responsibility for breaching Entrust in June; LockBit blames Entrust for the DDoS attack (Lawrence Abrams/BleepingComputer)

Lawrence Abrams / BleepingComputer: LockBit ransomware’s leak sites suffer a DDoS attack after it claimed responsibility for breaching Entrust in June; LockBit blames Entrust for the DDoS attack  —  The LockBit ransomware operation’s data leak sites have been shut down over the weekend due to a DDoS attack telling them to remove Entrust’s allegedly stolen […]

Instagram is internally testing Candid Challenges, a BeReal-like feature that gives users two minutes to take and share a photo at a different time each day (Karissa Bell/Engadget)

Karissa Bell / Engadget: Instagram is internally testing Candid Challenges, a BeReal-like feature that gives users two minutes to take and share a photo at a different time each day  —  Instagram is testing a new feature called Candid Challenges, which bears a striking resemblance to BeReal, a photo sharing app popular among …

Using seismology for groundwater management

As climate change increases the number of extreme weather events, such as megadroughts, groundwater management is key for sustaining water supply. But current groundwater monitoring tools are either costly or insufficient for deeper aquifers, limiting our ability to monitor and practice sustainable management in populated areas. Now, a new paper published in Nature Communications bridges […]