Wavelength - Meta stumbles and Octopus aims to swallow Bulb

3rd August, 2022 – In the latest episode of our podcast, Wavelength, hosts Daniel Harrington and Jamie Nightingale, the dubious mind behind 'This Week in Tech', discuss the biggest technology news over the last fortnight, and predict which headlines you should look out for next.

Find the previous episode here.

Find the next episode here.

Our topics for this week are as follows, with accompanying sources for the enquiring minds among you. Please enjoy and stay tuned for our next episode on the 17th of August!

Meta hits rough ground with first-ever quarterly drop in revenue.

Meta reports revenue decline for the first time in Q2 earnings - The Verge

Meta’s growth comes to screeching halt as company projects first revenue drop - The Guardian

Meta's Stock Falls as Sales Miss Estimates in First-Ever Quarterly Drop - Bloomberg

Facebook Parent Meta Platforms Reports First Ever Revenue Drop - WSJ

Facebook parent Meta earnings Q2 2022 - CNBC

US Congress passes bill to boost domestic semiconductor manufacturing. 

China competitiveness computer chip bill passes Senate, goes to House - CNBC

U.S. Senate passes bill to boost chip manufacturing, compete with China - Reuters

How Bernie Sanders and conservatives united against US semiconductor bill - The Guardian

Chips and Science Act Could Become a $280 Billion Boondoggle - Bloomberg

Bill to boost U.S.-made semiconductor chips clears the Senate - NPR

US tries to lure chipmakers away from expansion in China with $52bn subsidy package - City A.M

Energy-tech provider and renewables supplier Octopus angles for £1bn Bulb purchase.

Octopus Energy asks government for £1bn to buy Bulb - BBC News

Octopus Energy seeks £1bn taxpayer support to seal deal for stricken Bulb | Business News - Sky News

Octopus Energy launches 1000 turbine UK repowering plan - reNews - Renewable Energy News

Octopus Energy fights planning rules with plot to produce power for 500,000 more homes - Daily Express

Octopus Energy rescues customers of collapsed smaller supplier - Financial Times

Octopus Energy Group rakes in $550 million to enhance energy technology platform - Tech.eu

Octopus Energy raises £455m from shareholders and pension fund - UK Tech News

Microsoft hails success of hydrogen fuel cell trial at its New York datacentre - Computer Weekly

WhatsApp announces refusal to lower encryption standards for governments.

WhatsApp: We won't lower security for any government - BBC News

Online Safety Bill put on hold until new prime minister in place - BBC News

WhatsApp boss says no to AI filters policing encrypted chat - The Register

Online Safety Bill: Messaging apps 'forced to scan messages' for child abuse content in fresh amendment - IT PRO

Online Safety Bill: Government called to water down executive influence on Ofcom - City A.M

Oracle cuts marketing and CX staff – gains a perception problem.

Oracle (ORCL) Layoffs: Job Cuts Hit Customer Experience and Commerce Cloud Unit -Bloomberg

Oracle begins laying off employees - The Independent

Oracle's Cloud Unit Reorgs, a Top Exec Leaves, Internal Documents Show - Business Insider

Oracle, formerly in Bay Area, reportedly undergoing layoffs - SFGate

Oracle Starts To Lay Off Employees Ahead Of Earnings: Report - CRN

Oracle staff share news of sizable layoffs - The Register

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Attribution:

Music used under Creative Commons license: Covert Affair by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/3558-covert-affair

License: https://filmmusic.io/standard-license