Wed. 07/27 – Inflation Hits The Metaverse

I’ll wrap up the earnings from Microsoft, Alphabet, Spotify and Shopify. Proof that the cost of a data breach for companies is skyrocketing. What ever happened to the legislative crackdown on Big Tech? Inflation comes to the Metaverse as Meta is jacking up the prices on Quest headsets. And a big update to Google Maps.
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Techmeme headlines from this morning running down earnings (Techmeme, 8:25am eastern today)

IBM Security report finds data breaches are costlier than ever before (SiliconAngle)

Discovery of new UEFI rootkit exposes an ugly truth: The attacks are invisible to us (ArsTechnica)

Senate’s Antitrust Crackdown Sputters as Schumer Signals Doubts (Bloomberg)

Quest 2 Price Jumps To $399 As Meta Costs Rise (UploadVR)

Google Maps rolls out location sharing notifications, immersive views and better bike navigation (TechCrunch)

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