Techmeme
April 7, 2020, 7:35 PM

Top News

@jack:
Jack Dorsey says he's moving $1B of his Square equity, ~28% of his wealth, to Startsmall LLC to fund COVID-19 relief, to later focus on girls' health, education  —  I'm moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl's health and education, and UBI. It will operate transparently, all flows tracked here: https://docs.google.com/...
Alex Hern / The Guardian:
WhatsApp now limits forwarding of viral messages, forwarded five or more times, to one group at a time, to fight the spread of misinformation  —  Restrictions on frequently forwarded messages intended to disrupt false Covid-19 claims  —  WhatsApp is to impose a strict new limit …
Ashley Carman / The Verge:
Facebook's experimental product unit debuts Tuned, an iOS app creating a “private space” for couples, letting them keep a photo diary, exchange notes, and more  —  Keep a photo diary and check in on each other's moods  —  First, Facebook launched a dating feature, and now …
Alex Kantrowitz / BuzzFeed News:
Book excerpt: Apple's Information Systems & Technology group, which makes internal tools, operates in tumult, hampering its output and alienating contractors  —  Life in Apple's Information Systems & Technology division reminds some of a sweatshop.  An exclusive excerpt from Always Day One …
Sarah Frier / Bloomberg:
Book excerpt from Sarah Frier's No Filter covers how Mark Zuckerberg's jealousy held back Instagram and drove off founders, who gradually lost independence  —  Over the past decade, Instagram has become an engine of commerce and cultural influence with few peers—aside from its parent company …
Danny Crichton / TechCrunch:
WeWork sues SoftBank over alleged breach of contract and breach of fiduciary duty, a few days after SoftBank said it would not consummate its $3B tender offer  —  Just days after SoftBank announced that it would not consummate its $3 billion tender offer for WeWork shares that would have bought …
Tom Warren / The Verge:
Microsoft expands xCloud beta registration to 11 European countries, rolling out the preview gradually to avoid overloading the internet  —  Microsoft is rolling out the preview gradually due to coronavirus internet impact concerns  —  Microsoft is starting to open up its xCloud game streaming beta to countries across Europe.
Mary Ann Azevedo / Crunchbase News:
SoFi says it's acquiring Galileo, a Utah-based financial services API and payments platform, in $1.2B cash and stock deal; sources say Accel's return is 4x  —  Venture firm Accel has a pattern of investing in profitable, previously bootstrapped businesses.  Last November, it led 1Password's …
Karen Gilchrist / CNBC:
Profile of Min-Liang Tan, the co-founder and CEO of global gaming giant Razer, one of the few companies managing to thrive in the disrupted business landscape  —  When the #stayathome hashtag emerged on social media last month in response to governments successively announcing coronavirus containment measures, Min-Liang Tan was ready.
Sarah Perez / TechCrunch:
Sensor Tower: Quibi had more than 300,000 downloads on its launch day; heavily promoted in Apple's App Store, it reached #3 but just #29 on Google Play  —  Quibi, the oddly-named mobile streaming service founded by Jeffrey Katzenberg, was downloaded over 300,000 times on launch day …
Brian Krebs / Krebs on Security:
Microsoft buys corp.com, a domain that receives sensitive info from misconfigured Windows PCs, for an undisclosed sum to keep it out of the hands of bad actors  —  In February, KrebsOnSecurity told the story of a private citizen auctioning off the dangerous domain corp.com for the starting price of $1.7 million.
The Guardian:
Facebook says it will actively remove false claims that link COVID-19 to 5G and could lead to physical harm, but leaves its policy on other 5G theories unclear  —  Perfect storm of conditions helped nonsense theories about 5G and coronavirus to take hold  —  A year ago, hoax theories …
Emil Protalinski / VentureBeat:
Firefox 75 comes with a revamped address bar designed to make searches faster and a few performance tweaks  —  Mozilla today launched Firefox 75 for Windows, Mac, and Linux.  Firefox 75 includes a revamped address bar with significant search improvements, a few performance tweaks, and a handful of developer features.
Dan Primack / Axios:
Corporate catering marketplace ezCater, valued at $1.25B last year, lays off more than half of its 750-person workforce  —  ezCater, a Boston-based corporate catering startup valued last year at $1.25 billion, on Tuesday laid off more than half of its 750-person workforce, the company confirms to Axios.
Feargus O'Sullivan / CityLab:
A look at Airbnb's challenges amid the pandemic crisis, as global bookings fall and prospects for the travel accommodation industry turn murky  —  The short-term rental market is reeling from the coronavirus-driven tourism collapse.  Can the industry's dominant player stage a comeback after lockdowns lift?

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