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/...

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 …

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 …

Netflix now lets parents remove specific titles and filter shows out based on their ratings, in both the designated kids portal and the general section  —  Making profile accounts for kids even more specific  —  Netflix is rolling out a series of new tools that parents can use to filter …

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 …

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 …

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 …

Tyto Care, a NYC-based telehealth startup that sells an in-home kit to help doctors remotely diagnose patients, raises $50M in round led by Insight Partners  —  With social distancing, self isolation, and remote working emerging as the standard behavioral protocol to combat the COVID-19 outbreak …

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.

Amazon to suspend Amazon Shipping, its delivery service for Amazon Marketplace sellers that was being beta-tested in some US cities, with last pickups on June 5  —  - Amazon told sellers on Tuesday that in June it would pause its in-house shipping service that was being beta tested in a few US cities.

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 …

UN says China was the biggest source of applications for international patents last year, with Huawei its biggest filer, pushing US out of long-held top spot  —  GENEVA (Reuters) - China was the biggest source of applications for international patents in the world last year …

Inside the global efforts to build a privacy-conscious COVID-19 tracking app, with experts contributing from the US, UK, Australia, Switzerland, and elsewhere  —  The hope is that smartphone tracking — combined with widespread testing — can help create a framework for cities to let people resume their lives.

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 …

Professional video game streamers, already used to isolation, are seeing increased viewership on Twitch and other platforms as COVID-19 forces people inside  —  Pro video game streamers are used to spending their days in isolation.  And a huge new audience is at home to watch them play.

Facebook Gaming launches Tournaments, a tool for organizing amateur esports tournaments, ahead of schedule due to the pandemic  —  Facebook Gaming is launching tournaments for esports amateurs today in early access across the globe.  In the era of social distancing, Facebook believes that game can bring us together.

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.

Toast, a cloud-based restaurant management software provider, cuts ~50% of its staff after raising $400M at a $4.9B valuation in February  —  Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic.

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.

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.

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 …

Shippo, a shipping software and services startup, raises $30M Series C led by D1 Capital Partners, bringing its total raised to ~$60M  —  Early this afternoon Shippo, a shipping software and services company, announced that it has closed a $30 million Series C. The funding round roughly doubles …

In a small experiment, Facebook approved seven scheduled ads with content that violated company rules about COVID-19, indicating flaws in automated ad screening  —  A CR experiment raises questions about how the social media giant screens ads on its platform