Tech Meme

Berber Jin / Wall Street Journal: Sources: Sequoia cut the size of its cryptocurrency fund to $200M from $585M and of its ecosystem fund, which invests in other funds, to $450M from $900M  —  Brand has come under scrutiny following a series of controversial decisions  —  Sequoia Capital pared back the size of two major venture funds … Lees verder op Tech Meme

Todd Spangler / Variety: Roku reports Q2 revenue up 11% YoY to $847.2M, vs. $773.5M est., platform revenue up 11% YoY to $744M, and active accounts up 16% YoY to 73.5M; ROKU jumps 8%+  —  The company reported Q2 revenue of $847.2 million, up 11%, and a net loss of $107.6 million (-$0.76 per share). Lees verder op Tech Meme

Kif Leswing / CNBC: Intel reports Q2 revenue down 15% YoY to $12.9B, Data Center and AI revenue down 15% YoY to $4B, and forecasts Q3 revenue above estimates; INTC jumps 6%+  —  – Intel reported second-quarter earnings on Thursday, including a return to profitability after two straight quarters of losses, and a stronger-than-expected forecast. Lees verder op Tech Meme

Jay Peters / The Verge: Reddit starts testing an “Official” label to indicate that an account is authentic, visible on its iOS and Android apps, and unveils accessibility improvements  —  Reddit is starting to test a new “Official” label that will make it easier to spot if an account is authentic. Lees verder op Tech Meme

New York Times: In four new studies with collaboration from Meta, researchers find Facebook’s algorithm is “influential” but doesn’t necessarily change beliefs, and more  —  In four new studies, researchers found complicated results from experiments on Facebook’s and Instagram’s algorithms … Lees verder op Tech Meme

Devin Coldewey / TechCrunch: Seattle-based Proprio, which offers a device with multiple cameras and a display that shows real-time 3D visualization of surgery, raised a $43M Series B  —  Surgeries of all kinds have become more and more powerfully assisted by technology, but in most cases it’s still a human holding the scalpel … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Google rolls out Android unknown tracker alerts, including manual scan, and pauses a Find My Device update to locate missing items until Apple updates iOS  —  Google today will begin to roll out a new safety feature, unknown tracker alerts, first announced at its developer event Google I/O this spring. Lees verder op Tech Meme

Jon Porter / The Verge: WhatsApp announces instant video messages, letting users send clips up to 60 seconds in a similar way to voice notes; videos automatically play on mute  —  WhatApp’s latest feature is the ability to quickly send short video messages, similar to the voice messages the service already supports. Lees verder op Tech Meme

Makena Kelly / The Verge: The US Senate Judiciary Committee advances the Kids Online Safety Act and COPPA 2.0; critics highlight issues, like forcing companies to collect more user data  —  Congress is closer than ever to passing a pair of bills to childproof the internet after lawmakers voted to send them to the floor Thursday. Lees verder op Tech Meme

Carly Page / TechCrunch: Filing: US government services contractor Maximus says MOVEit hackers accessed protected health information and other data of “at least” 8M to 11M people  —  U.S. government services contracting giant Maximus has confirmed that hackers exploiting a vulnerability in MOVEit Transfer accessed … Lees verder op Tech Meme