Techmeme
May 11, 2018, 12:30 PM

Top News

Rani Molla / Recode:
YouGov survey finds Snapchat brand's user sentiment declined 73% among US consumers aged 18-34 following redesign; satisfaction levels similarly declined  —  Their opinion of Snapchat's brand has taken a major hit.  —  Snapchat users have a much more negative view of the brand since Snap redesigned the app in January.
David Ruiz / Electronic Frontier Foundation:
Lawmakers introduce a bipartisan bill, The Secure Data Act, which aims to block government from mandating encryption backdoors  —  This welcome piece of legislation reflects much of what the community of encryption researchers, scientists, developers, and advocates have explained for decades …
Chaim Gartenberg / The Verge:
Report: Facebook is exploring creation of its own cryptocurrency to facilitate payments among its users, but the plans will likely take years to materialize  —  With an eye towards payments on the social media platform  —  Facebook is reportedly planning to launch its own cryptocurrency …
Richard Nieva / CNET:
Mark Bergen / Bloomberg:
Brandon Kochkodin / Bloomberg:
Companies like Apple, Microsoft, and Alphabet stopped mentioning overseas cash in quarterly reports after tax overhaul required them to pay tax on such holdings  —  - New law requires companies to pay taxes on money held abroad  — Other corporations also drop mention of overseas holdings
Jeran Wittenstein / Bloomberg:
Nvidia says it earned $289M from sales of its chips to cryptocurrency miners in Q1 of 2018, but expects crypto revenue to decline by two-thirds in Q2  —  Nvidia Corp. revealed for the first time how much revenue it generated from chip sales to the cryptocurrency market — and said that figure will be much smaller in the second quarter.

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More News

Dan Rys / Billboard:

Earlier Picks

Matthew Lynley / TechCrunch:
Paul Sawers / VentureBeat:
Bloomberg: