Abrdn buys stake in digital assets exchange Archax

The stake, acquired for an undisclosed sum, gives Abrdn a seat on the board at Archax and makes the asset manager its largest external shareholder, an Abrdn spokesperson said. https://ift.tt/BumGhed

Paytm slips 6 percent on questions over CEO reappointment, regulatory fears

Institutional Investor Advisory Services has said it opposes the reappointment of Vijay Shekhar Sharma as CEO and managing director at the annual general meeting next week. https://ift.tt/L0Tb1Fv

China's Huawei reports 52 percent decline in first-half profit due to weaker demand

Revenue dropped 5.9 percent year-on-year during the period to 301.6 billion yuan ($44.73 billion), with a sharper decline during January-March. https://ift.tt/RjawoEs

Why Google is ordered to pay $43 million to an Australian court

The court found Google misled some customers about personal location data collected through their Android mobile devices between January 2017 and December 2018. https://ift.tt/Wv7JYi1

Dutch authorities arrest a suspected Tornado Cash developer in Amsterdam, two days after the US sanctioned the crypto mixing service (Andrew Rummer/The Block)

Andrew Rummer / The Block:
Dutch authorities arrest a suspected Tornado Cash developer in Amsterdam, two days after the US sanctioned the crypto mixing service  —  - Dutch authorities arrested a developer suspected of involvement in Tornado Cash on Wednesday, two days after the US government sanctioned the crypto mixing service.

Corporations urge car fleet managers to switch to EVs, here's why

In late 2020, fleet management company ALD set a goal to have 30 percent of its new cars electrified by 2025—a goal that seemed like a stretch because, as recently as 2019, only one in 200 of ALD's new vehicles was an EV or a hybrid. https://ift.tt/J6Xz0U1

How to control your Android smartphone with your face

With a feature that lets users operate their phones with facial expressions, Google's Android 12 OS has taken things one step further. Specially abled people can use a set of tools and features that are part of Google's own Android Accessibility Suite on their devices. https://ift.tt/CgorsJp

Following the Nebraska abortion case, Meta tests expanded E2EE for Messenger, including backups, and promises a global rollout for messages and calls in 2023 (Lily Hay Newman/Wired)

Lily Hay Newman / Wired:
Following the Nebraska abortion case, Meta tests expanded E2EE for Messenger, including backups, and promises a global rollout for messages and calls in 2023  —  The company says an expansion of privacy features in Messenger is unrelated to a high-profile Nebraska abortion case.

FundamentalVR, a cross-platform simulation tool for medical and health care professionals, raised $20M led by EQT Life Sciences, bringing its funding to $30M (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
FundamentalVR, a cross-platform simulation tool for medical and health care professionals, raised $20M led by EQT Life Sciences, bringing its funding to $30M  —  FundamentalVR, an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to …

In its first known crypto investigation, the FTC seeks information from crypto exchange BitMart about a December 2021 hack that led to $150M-$200M in losses (Leah Nylen/Bloomberg)

Leah Nylen / Bloomberg:
In its first known crypto investigation, the FTC seeks information from crypto exchange BitMart about a December 2021 hack that led to $150M-$200M in losses  —  The Federal Trade Commission is investigating the operators of the BitMart cryptocurrency exchange over a December 2021 hack that led …

Google says Search will use its AI model Multitask Unified Model to find consensus among results for info snippets and expands its "About this result" tool (Mariella Moon/Engadget)

Mariella Moon / Engadget:
Google says Search will use its AI model Multitask Unified Model to find consensus among results for info snippets and expands its “About this result” tool  —  You know that highlighted piece of text at the very top of a Google search results page when you look up a piece of information?

Docs and sources detail how two men in Phoenix, Arizona ran one of the largest known YouTube music royalty scams, leading to a wire fraud indictment and more (Kristin Robinson/Billboard)

Kristin Robinson / Billboard:
Docs and sources detail how two men in Phoenix, Arizona ran one of the largest known YouTube music royalty scams, leading to a wire fraud indictment and more  —  Inside the brazen but surprisingly simple scheme that took royalties from songs by artists like Daddy Yankee, Anuel AA, Julio Iglesias and more.

Deliveroo reports H1 revenue rose 12% YoY to £1B as its pretax loss widens to £147M, up from £95M in H1 2021, and plans to exit the Netherlands in November (Paul Sandle/Reuters)

Paul Sandle / Reuters:
Deliveroo reports H1 revenue rose 12% YoY to £1B as its pretax loss widens to £147M, up from £95M in H1 2021, and plans to exit the Netherlands in November  —  Britain's Deliveroo (ROO.L) said it would quit the Netherlands after failing to gain a strong local position …

Samsung Galaxy Unpacked: Galaxy Z Fold4, Galaxy Z Flip4 promotional images leaked ahead of launch

Samsung Galaxy Z Fold4 and Z Flip4 promotional images have been leaked ahead of the Galaxy Unpacked event which is set to take place today (August 10) at 6:30 PM. The promotional leaks include– images of both the smartphones– Samsung Galaxy Z Fold4 and Galaxy Z Flip4 along with the cases of the Fold4 smartphone. https://ift.tt/xR7tN3q

AWS, Splunk, IBM, CrowdStrike, Cloudflare, Okta, and 12 others announce the Open Cybersecurity Schema Framework to help monitor hacking attempts (Kim S. Nash/Wall Street Journal)

Kim S. Nash / Wall Street Journal:
AWS, Splunk, IBM, CrowdStrike, Cloudflare, Okta, and 12 others announce the Open Cybersecurity Schema Framework to help monitor hacking attempts  —  Amazon's AWS, Splunk, IBM and others cooperate on format for cyber alerts  —  This feature is powered by text-to-speech technology.