Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks (Thomas Brewster/Forbes)

Thomas Brewster / Forbes:
Researchers: hackers have used an 18-year-old flaw in how Safari, Chrome, and Firefox on macOS handle queries to a 0.0.0.0 IP address to breach private networks  —  Weaknesses in Chrome, Firefox and Safari gave hackers a route into internal networks, even those protected by firewalls, security researchers warn.

Techstars lays off 17% of its workforce, and says it will end the JP Morgan-backed $80M Advancing Cities fund after it is fully deployed at the end of 2024 (Dominic-Madori Davis/TechCrunch)

Dominic-Madori Davis / TechCrunch:
Techstars lays off 17% of its workforce, and says it will end the JP Morgan-backed $80M Advancing Cities fund after it is fully deployed at the end of 2024  —  Techstars is laying off 17% of its workforce and will end its $80 million J.P. Morgan-backed AdvancingCities program once the fund …

Zillow names COO Jeremy Wacksman as CEO, replacing Rich Barton, who is stepping down to become co-executive chair; Zillow reported Q2 earnings topping estimates (Patrick Clark/Bloomberg)

Patrick Clark / Bloomberg:
Zillow names COO Jeremy Wacksman as CEO, replacing Rich Barton, who is stepping down to become co-executive chair; Zillow reported Q2 earnings topping estimates  —  – COO Wacksman will take over as chief executive officer  — Housing freeze has battered company’s share price this year

A researcher details a Windows Update vulnerability that could be exploited to downgrade key components of Windows to older versions that contain known flaws (Lily Hay Newman/Wired)

Lily Hay Newman / Wired:
A researcher details a Windows Update vulnerability that could be exploited to downgrade key components of Windows to older versions that contain known flaws  —  A researcher found a vulnerability that would let hackers strategically downgrade a target’s Windows version to reexpose patched vulnerabilities.

Turkey bans Roblox, after blocking Instagram on August 2; a Turkish official said the ban was primarily related to sexual content that could lead to child abuse (Türkiye Today)

Türkiye Today:
Turkey bans Roblox, after blocking Instagram on August 2; a Turkish official said the ban was primarily related to sexual content that could lead to child abuse  —  Roblox, the widely popular online gaming platform, is banned in Türkiye on Wednesday, a move that comes in the wake of a nationwide block on Instagram.

Meta closes Ready at Dawn Studios, which it acquired in 2020 and produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceiling (Nicholas Sutrich/Android Central)

Nicholas Sutrich / Android Central:
Meta closes Ready at Dawn Studios, which it acquired in 2020 and produced VR games like Lone Echo and Echo VR, to meet the new Reality Labs budgetary ceiling  —  Echo VR developer Ready at Dawn Studios is now closed for business.  —  Updated 8/17 at 5:19pm ET: The information Android Central …

Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ after hours (Evan Gorelick/Bloomberg)

Evan Gorelick / Bloomberg:
Bumble reports Q2 revenue up 3.4% YoY to $268.6M, vs. $273.2M est., and projects 1% to 2% annual revenue growth, vs. 8.4% expected; BMBL drops 28%+ after hours  —  – Company projects 1% to 2% revenue growth, down from 8% to 11%  — Second-quarter revenue also fell short of analysts’ estimates

A US judge orders Ripple to pay a civil penalty of $125M for selling XRP to institutional investors, a fraction of the ~$2B the SEC had sought in the case (Chris Dolmetsch/Bloomberg)

Chris Dolmetsch / Bloomberg:
A US judge orders Ripple to pay a civil penalty of $125M for selling XRP to institutional investors, a fraction of the ~$2B the SEC had sought in the case  —  – Regulator had sought almost $2 billion in fines, penalties  — Ripple token XRP surges on court ruling but is flat this year

Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in Q2 2023 (Bill Peters/MarketWatch)

Bill Peters / MarketWatch:
Robinhood reports Q2 revenue up 40% YoY to $682M, vs. $640M est., crypto transaction revenue up 161% to $81M, and net income of $188M, up from $25M in Q2 2023  —  Cryptocurrencies revenue up 161% in second quarter, while equities revenue rises 60%  —  Robinhood Markets Inc. reported second …