| Casey Newton / The Verge: |
Snapchat launches slimmer Spectacles 2.0 with water resistance and faster photo download times for $150, available at Spectacles.com starting today — They're slimmer, they take photos, and you can take them in the pool. But will you? — Snap today released the next generation of Spectacles … | Lucia Moses / Digiday: |
Snap says it will begin testing six-second non-skippable ads in select Snapchat Shows beginning May 15 — Once reluctant to force ads on its users, still-unprofitable Snapchat is going to start testing nonskippable ads in its TV-like shows, according to three sources with direct knowledge … | Josh Constine / TechCrunch: |
| Bloomberg: |
Samsung, the exclusive supplier of iPhone X OLED screens, says its Q1 profits for its display business were “affected by slow demand for flexible OLED screens” — IPhone X screenmaker adds to chorus of sales concerns — Samsung is exclusive supplier of OLED screens to Apple| Shara Tibken / CNET: |
Samsung reports $14.4B profit in Q1 driven by memory chips demand, up 58% YoY, but warns of profit decline in Q2 due to “stagnant sales” of its flagship phones — The smartphone slowdown is real. — Samsung's first-quarter revenue and profits soared, but it warned … | Ron Miller / TechCrunch: |
IBM partners with a jewelry consortium to introduce TrustChain, a blockchain to prove the provenance of jewelry by following the supply chain from mine to store — Every time I talk to someone about the viability of blockchain, I get challenged to show a real project beyond the obvious bitcoin use case.| Sam Byford / The Verge: |
Nintendo reports operating profit of $1.62B, up 505% YoY, on strong Switch sales of 15M units in the year ending March, and names Shuntaro Furukawa as president — Nintendo sold just over 15 million Switch consoles in the last financial year, matching its own raised expectations after a hugely successful launch.| Josh Constine / TechCrunch: |
Facebook Q1: revenue of $11.97B, up 49% YoY, vs. $11.41B est, net income of $4.99B, up 63% YoY; MAUs up 13% YoY to 2.20B, DAUs up 13% YoY to 1.45B; stock up 8%+ — Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street's … | Facebook: |
| Sui-Lee Wee / New York Times: |
A look at China's “programmer motivators”, attractive women hired at tech firms to chat up, fan, and calm male coders, as well as give massages to ease stress — BEIJING — China's vibrant technology scene is searching for people like Shen Yue.| Arjun Kharpal / CNBC: |
London-based payments startup Revolut raises $250M led by DST Global, bringing its valuation to $1.7B, says it has 250K daily active users — - DST Global, a company that was an early investor in Facebook and Spotify, led the funding round, which included other venture capital firms Index Ventures and Ribbit Capital.| Ben Thompson / Stratechery: |
As the Google-led Chat carrier service shows, encryption is only viable for closed systems, so increased privacy regulations may further entrench walled gardens — It was eight years ago next month that Vic Gundotra, then-VP of Engineering at Google, delivered a blistering attack on Apple for not being open:1| CBC News: |
Researchers say ten countries are using internet-filtering tech by a Canadian firm to censor news, religious content, LGBTQ+ resources, political campaigns — A new Citizen Lab report says Netsweeper is being used to censor political critics, news, and LGBTQ+ resources| Kif Leswing / Business Insider: |
Facebook and Microsoft confirm plans to update their gun emoji designs to be more in line with Apple, Samsung, and Google; Microsoft shares water gun design — - Apple changed the design of the gun emoji into a squirt gun back in 2016. — At the time, it was a controversial choice, but tech companies have since followed suit.| Jack Nicas / New York Times: |
How 205 Facebook and Instagram accounts were impersonating Mark Zuckerberg and Sheryl Sandberg, many to scam vulnerable users through promises of lottery prizes — SAN FRANCISCO — A Facebook notification on Gary Bernhardt's phone woke him up one night last November with incredible news … | Morgen Peck / Glamour: |
A look at nine influential women in cryptocurrency, who are working towards making the technology more inclusive and less biased by closing the gender gap — Meet nine women who are changing the game. — When dinner conversations turn to cryptocurrency, as they often do these days … | Brian Krebs / Krebs on Security: |
WebStresser, a DDoS-for-hire service with 136K users and linked to 4M+ cyberattacks is shut down; UK's NCA says service could be rented for as little as $14.99 — Authorities in the U.S., U.K. and the Netherlands on Tuesday took down popular online attack-for-hire service WebStresser.org and arrested its alleged administrators.| Maureen Farrell / Wall Street Journal: |
Sources: Sonos is preparing for an IPO that could come as soon as June or July; one source says the company is expecting a post-IPO valuation of ~$2.5B-$3B — Wireless-speaker company has filed confidentially and is likely to go public in next few months — Sonos Inc., the Santa Barbara … | Stephen Nellis / Reuters: |
Qualcomm says it will cap phone price at $400 for IP license fee calculations so vendors don't have to pay more for more expensive phones — SAN FRANCISCO (Reuters) - Qualcomm Inc's earnings call on Wednesday showed just how far the company is willing to go to preserve one of its core business practices … | Cale Guthrie Weissman / Fast Company: |
Digg, formerly owned by Betaworks, has been sold to Boston-based ad-tech company BuySellAds; new CEO Todd Garland plans to streamline Digg and build up ad stack — This story has been updated. — Last month, Digg, an old beloved content aggregation destination, made the sad announcement … | Sarah Perez / TechCrunch: |
YouTube announces expanded opt-in YouTube Kids controls for parents, including locking down content to show only channels reviewed by humans — To address parents' concerns over inappropriate content on YouTube being seen by children, Google today is announcing an expanded series of parental controls for its YouTube Kids application.| Fred Lambert / Electrek: |
Tesla's head of Autopilot and key chip designer Jim Keller is leaving, source says he will join Intel — Legendary chip architect Jim Keller has seen an increasingly important role at Tesla since he joined the company in 2015. — He most recently took over the responsibilities … | Jared Newman / Fast Company: |
IFTTT raises $24M led by Salesforce Ventures with participation from IBM, Chamberlain Group, and Fenox Venture Capital; the startup raised $30M Series B in 2014 — A brick-and-mortar powerhouse like grocery giant Kroger might not appreciate being called a “legacy” enterprise … | Julie Verhage / Bloomberg: |
PayPal reports Q1 revenue of $3.69B, up 24% YoY, vs. $3.59B est., and $132B in total payment volume, an increase of 32% from the previous quarter — PayPal Holdings Inc. reported earnings that beat analysts' estimates in the first quarter and gave an optimistic forecast for the second …
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| Morgan Chalfant / The Hill: |
| Dean Takahashi / VentureBeat: |
| Steven Levy / Wired: |
| Benjamin Robertson / Bloomberg: |
| Jonathan Shieber / TechCrunch: |
| Andy Greenberg / Wired: |
| Mat Honan / BuzzFeed: |