Brandy Betz / CoinDesk: Singapore-based Merkle Science, a predictive crypto intelligence service with threat detection, risk mitigation, and compliance tools, raised a $24M+ Series A — The threat detection company added funding to its Series A round, which now totals more than $24 million.
Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B, down from ~$4.7B in H1 2021, as smartphone and laptop sales weaken (David Kirton/Reuters)
David Kirton / Reuters: Huawei reports H1 revenue dropped 5.9% YoY to ~$44.73B and net profit dropped to ~$2.2B, down from ~$4.7B in H1 2021, as smartphone and laptop sales weaken — Huawei Technologies (HWT.UL) said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers …
Sources: Apple tells its assemblers to make 90M of the newest iPhones, on par with 2021, despite deteriorating projections for the smartphone market (Debby Wu/Bloomberg)
Debby Wu / Bloomberg: Sources: Apple tells its assemblers to make 90M of the newest iPhones, on par with 2021, despite deteriorating projections for the smartphone market — Apple Inc. has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021, counting on an affluent clientele …
20 Best Buys From Best Buy’s Anniversary Sale
You have between now and August 14 to get these great deals on laptops, tablets, TVs, and more.
The US Offers a $10M Bounty for Intel on Conti Ransomware Gang
The State Department organization has called for people to share details about five key members of the hacking group.
Gabrielle Zevin Believes Games Show People Who They Really Are
In Tomorrow, and Tomorrow, and Tomorrow, the novelist explores the intimacy of gaming together.
LinkedIn rolls out new features to court creators, including a clickable link on images, templates for posts, and the ability to mix images and videos (Aisha Malik/TechCrunch)
Aisha Malik / TechCrunch: LinkedIn rolls out new features to court creators, including a clickable link on images, templates for posts, and the ability to mix images and videos — LinkedIn announced today that it’s rolling out new features for creators that are designed to make it easier to share visual content on the social […]
Frankfurt-based AAA games studio Gunzilla Games has raised $46M led by Republic Capital and plans to include in-game item trading with NFTs in an upcoming title (Megha Paul/Tech.eu)
Megha Paul / Tech.eu: Frankfurt-based AAA games studio Gunzilla Games has raised $46M led by Republic Capital and plans to include in-game item trading with NFTs in an upcoming title — The German startup will use the new funding to build their new platform, GunZ, to enable players to own their in-game possessions
Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions (South China Morning Post)
South China Morning Post: Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions — Semiconductor Manufacturing International Corp (SMIC) reported better-than-expected earnings for the June quarter …
Hovering robots could get more lift by ‘treading water’ in the air
Moving like an insect may not be the most efficient way for tiny flying robots to hover – they get more lift by taking advantage of vortices of air that form under their wings
MIT scientists discover new antiviral defense system in bacteria
The following press release was issued today by the Broad Institute of MIT and Harvard. Bacteria use a variety of defense strategies to fight off viral infection, and some of these systems have led to groundbreaking technologies, such as CRISPR-based gene-editing. Scientists predict there are many more antiviral weapons yet to be found in the […]
A new method boosts wind farms’ energy output, without new equipment
Virtually all wind turbines, which produce more than 5 percent of the world’s electricity, are controlled as if they were individual, free-standing units. In fact, the vast majority are part of larger wind farm installations involving dozens or even hundreds of turbines, whose wakes can affect each other. Now, engineers at MIT and elsewhere have […]
Scientists identify a plant molecule that sops up iron-rich heme
Symbiotic relationships between legumes and the bacteria that grow in their roots are critical for plant survival. Without those bacteria, the plants would have no source of nitrogen, an element that is essential for building proteins and other biomolecules, and they would be dependent on nitrogen fertilizer in the soil. To establish that symbiosis, some […]
Nudging Consumers to Purchase More Sustainably
People say they want sustainable products — and that they’re willing to pay for them — but find excuses to not follow through.
Keeping Hybrid Employees Engaged
A manager’s guide to staying together when your team is often apart.
Why Companies Aren’t Living Up to Their Climate Pledges
Five steps to help organizations operationalize their sustainability goals.
How Can Society Prepare for the Moral Norms of Tomorrow?
The moral framework of future generations may be a radical departure from the past—and the present. Axiological open-mindedness could help bridge that gap.
Welcome to the Weird Phone Future
This week, we look at Samsung’s latest folding phones and discuss what their release means for the mobile industry—and for Android.
Meta Just Happens to Expand Messenger’s End-to-End Encryption
The company says an expansion of privacy features in Messenger is unrelated to a high-profile Nebraska abortion case.
A detailed look at how Facebook and Instagram opening links in a custom in-app browser on iOS lets Meta track every interaction, including entering passwords (Felix Krause)
Felix Krause: A detailed look at how Facebook and Instagram opening links in a custom in-app browser on iOS lets Meta track every interaction, including entering passwords — The iOS Instagram and Facebook app render all third party links and ads within their app using a custom in-app browser.
As Nigerian payments startup Flutterwave prepares for an IPO, it faces allegations of financial impropriety, a culture of harassment and bullying, and more (Bloomberg)
Bloomberg: As Nigerian payments startup Flutterwave prepares for an IPO, it faces allegations of financial impropriety, a culture of harassment and bullying, and more — Africa’s largest startup Flutterwave Inc. is battling allegations of financial impropriety and personnel harassment from Lagos to Nairobi …
Sources: the FTC plans to begin writing online privacy rules, which could take years to enact, and is considering various paths, such as focusing on children (John D. McKinnon/Wall Street Journal)
John D. McKinnon / Wall Street Journal: Sources: the FTC plans to begin writing online privacy rules, which could take years to enact, and is considering various paths, such as focusing on children — Lack of a broad federal law has become a growing concern as online platforms and others amass troves of consumers’ search […]
Thinking like a cyber-attacker to protect user data
A component of computer processors that connects different parts of the chip can be exploited by malicious agents who seek to steal secret information from programs running on the computer, MIT researchers have found. Modern computer processors contain many computing units, called cores, which share the same hardware resources. The on-chip interconnect is the component […]
Google’s Android Red Team Had a Full Pixel 6 Pwn Before Launch
Before the flagship phone ever landed in users’ hands, the security team thoroughly hacked it by finding bugs and developing exploits.
Facebook’s Message Encryption Was Built to Fail
The chat between a teen and her mom about an alleged abortion helped police build their case. Default end-to-end encryption would help others avoid their fate.
How the FBI’s Mar-a-Lago Raid Could Expose Trump’s Secrets
The former president tried to connect the raid to the Watergate burglars. His privacy problems do relate to Nixon’s scandal—but not in the way he thinks.
Elliptic: cross-chain bridge RenBridge has been used to launder $540M in crime-related crypto cash since 2020; Conti ransomware group used it to launder $53M+ (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC: Elliptic: cross-chain bridge RenBridge has been used to launder $540M in crime-related crypto cash since 2020; Conti ransomware group used it to launder $53M+ — – RenBridge has been used to launder at least $540 million in crime-related crypto cash since 2020, according to new research from blockchain analytics firm Elliptic.
Bumble reports Q2 revenue up 18% YoY to $220.5M, vs. $219.4 est., a net loss of $6.4M, vs. $2.6M est., and a Q3 guidance below estimates; shares fall 10%+ (Denny Jacob/Wall Street Journal)
Denny Jacob / Wall Street Journal: Bumble reports Q2 revenue up 18% YoY to $220.5M, vs. $219.4 est., a net loss of $6.4M, vs. $2.6M est., and a Q3 guidance below estimates; shares fall 10%+ — Online dating company trims 2022 revenue guidance; shares slide 11% — Bumble Inc. BMBL -1.68%▼ sales climbed in the […]
Disney hits 221.1M global streaming subscribers in Q3, surpassing Netflix’s 220.7M; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M (Aisha Malik/TechCrunch)
Aisha Malik / TechCrunch: Disney hits 221.1M global streaming subscribers in Q3, surpassing Netflix’s 220.7M; Disney+ had 152.1M subscribers, Hulu had 46.2M, and ESPN+ had 22.8M — The Walt Disney Company reported on Wednesday that total Disney+ subscriptions rose to 152.1 million during the company’s third-quarter, posting better-than-expected results.
Big Tech and Civil War enthusiasts clash over historic US battlefields
Northern Virginia is home to many American Civil War battlefield sites as well as the largest concentration of data centres in the world. Plans for more data centres are now pitting preservationists and big technology companies against each other
Roasting green chillies in the sun could pave way for solar cooking
An experiment using solar concentrators, which focus sunlight to a point, to roast green chillies suggests it may be possible to build portable solar cookers
Underwater robot scans seabed to seek out the most harmful pollution
A robot equipped with AI image recognition can identify and map rubbish on the seafloor to help prioritise clean-up operations towards the most toxic materials
Reif, Zuber attend signing of CHIPS and Science bill
President L. Rafael Reif and Vice President for Research Maria Zuber were among those on hand Tuesday when President Biden signed the “CHIPS and Science” bill into law in an upbeat ceremony on the South Lawn of the White House. The act provides $52 billion in federal funding to advance the U.S. semiconductor industry […]
New programmable materials can sense their own movements
MIT researchers have developed a method for 3D printing materials with tunable mechanical properties, that sense how they are moving and interacting with the environment. The researchers create these sensing structures using just one material and a single run on a 3D printer. To accomplish this, the researchers began with 3D-printed lattice materials and incorporated […]
Caspar Hare, Georgia Perakis named associate deans of Social and Ethical Responsibilities of Computing
Caspar Hare and Georgia Perakis have been appointed the new associate deans of the Social and Ethical Responsibilities of Computing (SERC), a cross-cutting initiative in the MIT Stephen A. Schwarzman College of Computing. Their new roles will take effect on Sept. 1. “Infusing social and ethical aspects of computing in academic research and education is […]
Stop Offering Career Ladders. Start Offering Career Portfolios.
Companies need a more holistic approach to developing talent.
4 Ways to Communicate with More Empathy
Not everyone is naturally empathic, but it’s a critical leadership skill.
Stop Ghosting and Start Saying No
Five ways to manage your time and energy while following through on commitments.
After suffering huge losses, SoftBank plans to reduce its Alibaba stake from 23.7% as of June 30 to 14.6%, raising around $34B in the current quarter (Kosaku Narioka/Wall Street Journal)
Kosaku Narioka / Wall Street Journal: After suffering huge losses, SoftBank plans to reduce its Alibaba stake from 23.7% as of June 30 to 14.6%, raising around $34B in the current quarter — Japanese tech investor has been reducing its ties to the Chinese e-commerce company and using holdings to raise cash
Snap launches Snapchat+ in India for ~$0.62 per month, offering exclusive, experimental, and pre-release features; the service costs $3.99/month in the US (Vikas SN/Moneycontrol)
Vikas SN / Moneycontrol: Snap launches Snapchat+ in India for ~$0.62 per month, offering exclusive, experimental, and pre-release features; the service costs $3.99/month in the US — Snapchat+, which unlocks a collection of exclusive, experimental, and pre-release features, will be available for a monthly fee of Rs 49
Indonesian digital wallet maker Dana raised $250M from local conglomerate Sinar Mas and Alibaba’s Lazada Group and says it processes 10M transactions/day (Bloomberg)
Bloomberg: Indonesian digital wallet maker Dana raised $250M from local conglomerate Sinar Mas and Alibaba’s Lazada Group and says it processes 10M transactions/day — Dana, one of Indonesia’s biggest digital wallet providers, has raised $250 million from local conglomerate Sinar Mas …
Leveraging computational tools to enhance product design
As an undergraduate at MIT, Jana Saadi had to find a way to fulfill her humanities class requirements. Little did she know that her decision would heavily shape her academic career. On a whim, Saadi had joined a friend in a class offered through MIT D-Lab, a project-based program aimed at helping poor communities around […]
One of 5G’s Biggest Features Is a Security Minefield
New research found troubling vulnerabilities in the 5G platforms carriers offer to wrangle embedded device data.
Big Takeaways From the FBI’s Mar-a-Lago Raid
The fact that a search of Donald Trump’s Florida home was even necessary says a lot.
Will Europe Force a Facebook Blackout?
Regulators are close to stopping Meta from sending EU data to the US, bringing a years-long privacy battle to a head.
Source: BeReal had 7.9M DAUs in July, up from 2M in January 2022; this spring, BeReal raised a Series B led by DST Global at a pre-money valuation of $600M (The Information)
The Information: Source: BeReal had 7.9M DAUs in July, up from 2M in January 2022; this spring, BeReal raised a Series B led by DST Global at a pre-money valuation of $600M — The siren song of a fast-growing social media network still holds investors spellbound. — Take BeReal.
Court and financial docs show a complex relationship between Voyager and Sam Bankman-Fried’s Alameda, including a possible $1.6B crypto asset loan from Voyager (CNBC)
CNBC: Court and financial docs show a complex relationship between Voyager and Sam Bankman-Fried’s Alameda, including a possible $1.6B crypto asset loan from Voyager — – Voyager Digital bankruptcy court proceedings and financial documents show a complex relationship between the company and Sam Bankman-Fried’s crypto firms.
Nvidia unveils its Omniverse Avatar Cloud Engine, a suite of cloud-native AI models and services for developers building 3D models of lifelike chatbot avatars (Stephen Shankland/CNET)
Stephen Shankland / CNET: Nvidia unveils its Omniverse Avatar Cloud Engine, a suite of cloud-native AI models and services for developers building 3D models of lifelike chatbot avatars — Stephen Shankland — What’s happening Why it matters — You’re probably used to interacting by voice with digital assistants like Alexa and Siri.
Tiny electromagnetic robot runs fast and re-forms after being squished
A soft rubber robot smaller than a postage stamp and controlled by electromagnetic forces can swim, jump and rotate – and could be used to deliver drugs or perform procedures inside a human body
Solving a longstanding conundrum in heat transfer
It is a problem that has beguiled scientists for a century. But, buoyed by a $625,000 Distinguished Early Career Award from the U.S. Department of Energy (DoE), Matteo Bucci, an associate professor in the Department of Nuclear Science and Engineering (NSE), hopes to be close to an answer. Tackling the boiling crisis Whether you’re heating a […]