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Well, things weren’t so rosy with Twitter earnings, and downright abysmal over at Snap. The Feds bring the first ever case for insider trading in the crypto space. Your next smart lock might draw its power from your phone as you use it. And, of course, the weekend longreads suggestions. Sponsors: Storyblok.com/ridehome Work Check podcast Links: Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bid (CNBC) Snap shares dive 35% following poor earnings report (CNBC) Ex-Coinbase Manager Arrested in US Crypto Insider-Trading Case (Bloomberg) Your next smart lock could ditch the battery by harvesting energy from your phone (The Verge) Weekend Longreads Suggestions: Chiplets helped save AMD. They might also help save Moore’s law and head off an energy crisis. (Protocol) Meta’s next big bet: The ‘metaversity’ (Protocol) Amazon C.E.O. Andy Jassy Breaks From the Bezos Way (NYTimes) The Great Fiction of AI (The Verge) The Re-Reinvention of the Travel Agent (

Amazon is acquiring actual doctors offices. Facebook splits the newsfeed to make it more TikTok-y. Minecraft foreswears NFTs. The big tech platforms are pausing hiring now too. Did Tesla cause the crypto crash? And DALL-E 2 is now more widely available. Sponsors: Storyblok.com/ridehome KeeperSecurity.com/techmeme Links: Amazon is buying primary care tech provider One Medical for $3.9B (TechCrunch) Facebook doubles down on algorithms in the main feed (The Verge) Minecraft team says NFTs and blockchain are, well, blocked (Polygon) Microsoft Cuts Many Open Job Listings in Weakening Economy (Bloomberg) Google Announces Hiring Pause (The Information) Elon Musk’s Tesla Has Sold 75% of Its Bitcoin Holdings (Decrypt) @CryptoKaleo Tweet TextExpander, which lets users build shortcuts to speed up business communications, raises $41.4M, its first-ever funding (TechCrunch) OpenAI expands access to DALL-E 2, its powerful image-generating AI system (TechCrunch) Learn more about your ad choices.

Netflix reported earnings that weren’t as bad as even they had been telegraphing. So that’s something. The court case is already going against how Elon Musk hoped it would go. What’s up with everyone leaving Neuralink? And a deep-dive look at BeReal. Is it the next big thing or just the latest fad? Sponsors: Storyblok.com/ridehome AthleticGreens.com/ride Links: Netflix loses fewer subscribers than expected and says cheaper ad tier is coming in early 2023 (CNBC) Twitter-Musk trial on $44 billion deal set to begin in October after Musk loses effort to delay (CNBC) A Neuralink cofounder left Elon Musk's brain-chip company, leaving it with just 2 of its 8 founding members (Insider) Google Begins Publicly Testing Its AR Glasses (CNET) Fad or frenzy, BeReal is having a real moment right now (FastCompany) Why BeReal is breaking out (Platformer) Learn more about your ad choices. Visit megaphone.fm/adchoices

Amazon is stepping up its war against bogus product reviews. Netflix is testing more crackdowns on password sharing. Slack is raising prices. ESPN+ is raising prices. But one streaming service is actually LOWERING prices? And mark your calendars, cause the Fall product launch season is upon us. Sponsors: Storyblok.com/ridehome Links: Amazon sues admins from 10,000 Facebook groups over fake reviews (TechCrunch) Netflix Tests Another Way to Charge for Password Sharing (Bloomberg) Apple Sued Over Apple Pay, Accused of Antitrust Violations (Bloomberg) Slack is increasing prices and changing the way its free plan works (TechCrunch) ESPN+ Monthly Subscription to Rise $3 as Disney Strives for Streaming Profits (Variety) Crunchyroll is lowering monthly subscription fees in almost 100 regions (Engadget) Samsung confirms August 10th Unpacked event date with ‘cryptic’ puzzle (The Verge) WD begins shipping 22TB Red Pro, Purple Pro and Gold HDDs (Club386) Learn more about your ad choices. Visit m

Everything we cover is in a full vibe shift of… pulling back. Coinbase sent some eyebrows up over the weekend, but insolvency is off the table. Right? Right? Adam Newmann’s crypto startup is hitting the pause button. All the rapid delivery startups that flooded New York City last year seem to be done. Poof. And is Silicon Valley itself definitively shrinking? Sponsors: Zapier.com/ride Gusto.com/ride Links: Snap launches Snapchat for Web to bring the app's core features to desktop (TechCrunch) Leaked emails: Crypto exchange Coinbase is 'temporarily shutting down' its US affiliate-marketing program (Insider) Coinbase stirs rumors of liquidity woes as it halts affiliate-marketing program (Insider Bitcoins) Crypto Crash Stalls WeWork Founder Adam Neumann’s Climate Venture (WSJ) The Speedy Downfall of Rapid Delivery Startups (Wired) Tiger Global-backed Missfresh faces fight for survival (FT) 71 Cities and Towns Are Paying Tech Workers to Abandon Silicon Valley. It’s Working. (WSJ) Learn

Ride Home Fund's latest investment: the smart ring/device controller ArcX! More at https://arcx.fit/ Invest in ArcX via the Ride Home Fund here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Now the haircuts have come for Stripe, but they took theirs voluntarily. Who’s responsible for the big hole on Celsius’ balance sheet? Twitter wants to let devs make their own timelines. Will Amazon voluntarily exit the white label business. And, of course, the Weekend Longreads Suggestions. Sponsors: Manscaped.com code RIDE for 20% off Kolide.com/ride Links: Stripe Cuts Internal Valuation by 28% (WSJ) Celsius Discloses $1.19 Billion Deficit in Bankruptcy Filing (Bloomberg) Twitter is testing custom timelines, and first one is about The Bachelorette (TechCrunch) Amazon Has Been Slashing Private-Label Selection Amid Weak Sales (WSJ) Weekend Longreads Suggestions: How Three Arrows Capital Blew Up and Set Off a Crypto Contagion (Bloomberg) The Standards Innovation Paradox (Michael Mignano Medium) Siberia or Japan? Expert Google Maps Players Can Tell at a Glimpse. (NYTimes) Advanced E.V. Batteries Move From Labs to Mass Production (NYTimes) How the Webb sends its hundred-megapixel images a

Celsius files for bankruptcy. Tesla loses a key Autopilot exec. Netflix chooses Microsoft for it’s ads partnership. Could TikTok be a long-term problem for Google Search? And the reviews are in for the new Macbook Airs with M2 chips. Sponsors: Ahead Of Its Time podcast WorkCheck Podcast Links: Embattled crypto lender Celsius files for bankruptcy protection (CNBC) Inside Celsius: how one of crypto’s biggest lenders ground to a halt (Financial Times) Tesla AI leader Andrej Karpathy announces he’s leaving the company (CNBC) Netflix is partnering with Microsoft for its new ad-supported tier (The Verge) Google Cloud launches its first Arm-based VMs (TechCrunch) Google exec suggests Instagram and TikTok are eating into Google’s core products, Search and Maps (TechCrunch) APPLE’S NEW MACBOOK AIR M2 IS THE START OF A WHOLE NEW AIR-A (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Twitter officially sues Elon Musk and by the sound of things, has decided to go to the mattresses. Has Apple officially cut ties with Jony Ive? Here come the tech mergers and acquisitions. How streaming has officially killed traditional tv by at least one measure. And an interesting new gadget. Nothing. I’ll explain. Sponsors: StoryBlok.com/ridehome KeeperSecurity.com/techmeme Links: Twitter Sues Musk After He Tries Backing Out of $44 Billion Deal (NYTimes) 15 Revelations in Twitter’s Suit Against Elon Musk (Intelligencer) Apple Ends Consulting Agreement With Jony Ive, Its Former Design Leader (NYTimes) Unity is merging with Ironsource in an all-stock deal valuing Ironsource at $4.4B in a big consolidation play for gaming (TechCrunch) Read the memo Google’s CEO sent employees about a hiring slowdown (The Verge) Nothing officially announces flashy Phone 1, starting at £399 (The Verge) HBO & HBO Max Smash Past Netflix In Total Emmy Nominations As Hulu & Apple Score Strong Showings (Deadline)

Liquidators say they can't find the Three Arrows Capital founders. The FTC will crack down on data-anonymization claims. Another smart home company decides to brick some of the hardware that people paid good money for. Hopin is the latest highflyer to fall to earth with layoffs. And what it’s like to work at Twitter right now. Sponsors: Storyblok.com/ridehome Links: Three Arrows Founders’ Whereabouts Unknown, Liquidators Say (Bloomberg) FTC to Crack Down on Sites That Claim Your Data Is 'Anonymized' When It's Not (PCMag) Hive’s abandoned smart home devices will cease operation starting in 2023 (The Verge) Live events startup Hopin, valued at $7.8 billion, is laying off 29% of staff in its second wave of job cuts in 2022 (Insider) Twitter Lawyers Call Musk’s Deal Termination ‘Wrongful’ (Bloomberg) As Elon Musk Walks, Twitter Workers Say No One’s in Charge (Wired) Learn more about your ad choices. Visit megaphone.fm/adchoices

The famous stock market player Bernard Baruch once said, paraphrasing: Whatever men attempt, they seem driven to overdo. When hopes are soaring, I always repeat to myself that two and two still make four. The main purpose of the market is to make fools of as many people as possible. Today, stories of this lesson being learned by both major VC firms and Elon Musk. Oh, and how North Korean hackers infiltrate companies. Sponsors: OurCrowd.com/ride Cybersecurityinside.com/RIDE Links: Uber broke laws, duped police and secretly lobbied governments, leak reveals (The Guradian) Here’s how North Korean operatives are trying to infiltrate US crypto firms (CNN) Andreessen Horowitz, Thrive Go Bargain Hunting for Beaten-Down Tech Stocks (The Information) Elon’s Out (Matt Levine/Bloomberg) Tweet Storm #1 Tweet Storm #2 Learn more about your ad choices. Visit megaphone.fm/adchoices

Part 2 of the eBay story from the Internet History podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apple has a new lockdown mode to triage a whole range of cyberattacks. Also, Mark Gurman has some details on that new, expected, “rugged” Apple Watch. Twitter is testing co-tweets. More details on the new version of Meta’s VR headset. And the weekend longreads suggestions. I’ll explain. Sponsors: StitchFix.com/ride for $20 off Work Check podcast Links: Apple Announces New Lockdown Mode on iOS 16 With 'Extreme' Level of Security (MacRumors) Apple Plans Extreme Sports Watch With Larger Screen, Metal Case (Bloomberg) Heads of FBI, MI5 Issue Joint Warning on Chinese Spying (WSJ) Reddit is launching a new NFT avatar marketplace (TechCrunch) Twitter starts testing new CoTweets feature that lets two accounts co-author a tweet (The Verge) Meta Plans to Call New Virtual Reality Headset the ‘Quest Pro’ (Bloomberg) Weekend Longreads Suggestions: Keeping Phones Running in Wartime Pushes Kyivstar to the Limit (Bloomberg) The Metaverse in 2040 (Pew Research Center) Not Just a Tennis Podcast, but R

Will regulators wreck the great gaming consolidation? Can the US bully it’s way to blocking China’s chip development? Are Dilithium crystals the key to saving crypto from quantum computing? And why the crypto crash has been a footnote for Wall Street. At least, so far. Sponsors: AthleticGreens.com/ride Links: Microsoft’s $69 billion Activision takeover faces competition probe in the UK (CNBC) US Wants Dutch Supplier to Stop Selling Chipmaking Gear to China (Bloomberg) NIST unveils four algorithms that will underpin new ‘quantum-proof’ cryptography standards (SC Media) Amazon takes a Prime step back into restaurant delivery in the US with big Grubhub investment and partnership (TechCrunch) Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis (CoinDesk) Crypto Mining Giant Dumped Most of Its Bitcoin Holdings in June (Bloomberg) How Wall Street Escaped the Crypto Meltdown (NYTimes) Learn more about your ad choices. Visit megaphone.fm/adchoices

The Crypto Crash goes ever onward. Klarna is going on a realty tv show called, Now That’s what I Call A Haircut! The hackers have come for the Chinese surveillance state. The World Cup is going to have the robots call offsides. And Steve Jobs is getting the Presidential Medal of Freedom. Sponsors: StoryBlok.com/ridehome KeeperSecurity.com/techmeme Links: Crypto platform Vauld suspends withdrawls, trading and deposits amid financial challenges. (TechCrunch) Number Three (Entrepreneurs Handbook) Meta to Shut Down Novi Service in September in Crypto Winter (Bloomberg) Klarna in Talks to Raise Fresh Cash at Slashed $6.5 Billion Valuation (WSJ) Hackers Claim Theft of Police Info in China’s Largest Data Leak (Bloomberg) AI-powered technology will be used to speed up VAR offside calls at World Cup (The Guardian) Google patches new Chrome zero-day flaw exploited in attacks (Bleeping Computer) President Biden to award Steve Jobs with posthumous Medal of Freedom (9to5Mac) Learn more about y

From my original Internet History Podcast, the first of my two episodes outlining the story of eBay, in-depth, as I make the strong case that it was maybe the most important and overlooked startup of the Web 1.0 era. Part 2 of this story coming on Friday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Time for some deep analysis of the podcast industry. Is Spotify gonna take over all of audio? Is the blockchain useful for podcasting? What is the great Michael Mignano doing next, after leaving Spotify and Anchor? Learn more about your ad choices. Visit megaphone.fm/adchoices

While I'm away briefly for vacation, here's a talk I gave at Google in December 2018 around the time my book came out. Just a condensed dose of my entire thesis of the technology industry's history from 1994-2006. Nothing much new if you've read my book, but if you want the cliff's notes version, here it is. Learn more about your ad choices. Visit megaphone.fm/adchoices

One good thing about the crypto crash is you can get affordable graphics cards again. Layoffs come to the Metaverse. Samsung is producing the first 3nm chips. Apple wants you to pay for your gas without getting out of your car. Though, you’d still have to get out to pump, I suppose. And, bit of a surprise, the Weekend Longreads Suggestions. Sponsors: Kolide.com/ride KeeperSecurity.com/techmeme Links: Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources (CoinDesk) Nvidia Game Card Prices Fall Along With Crypto Mining Demand (Bloomberg) Sources: Unity Laying Off Hundreds Of Staffers [Update] (Kotaku) Samsung Electronics starts 3-nanometer chip production ahead of TSMC (TechCrunch) Fuel Purchases Directly Within Apple CarPlay to Be Available This Fall (MacRumors) Weekend Longreads Suggestions: Did Razzlekhan and Dutch Pull Off History’s Biggest Crypto Heist? (Bloomberg) Cyber Pirates Prowling Ship Controls Threaten Another Big Shock (Bloomberg) The A

I joke its Groundhog Day, but if you’re a crypto billionaire, you probably want the repetition to end as much as anyone. Wait, is TikTok suddenly in trouble with the US government again? A new line of chips from Arm. Sony wants to play to PC gamers. And why Netflix doling out Stranger Things in portions is one of the biggest experiments being run in Hollywood right now. Links: Crypto Crash Widens a Divide: ‘Those With Money Will End Up Being Fine’ (NYTimes) Crypto crash threatens North Korea's stolen funds as it ramps up weapons tests (Reuters) U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores (CNBC) Ray tracing and 64-bit only: What you should know about Arm's 2023 CPUs and GPUs (Android Authority) Sony targets PC gamers with new hardware brand, Inzone (Washington Post) Here’s why Netflix made you wait a month to watch the rest of Stranger Things (Recode) Learn more about your ad choices. Visit megaphone.fm/adchoices