Techmeme
May 6, 2020, 9:05 PM

Top News

New York Times:
Facebook's Oversight Board announces its first 20 members, out of a total of 40, who will oversee challenging content issues  —  The company's independent oversight body will focus on challenging content issues, such as hate speech and harassment.  —  The authors are co-chairs of Facebook's oversight board.
Abner Li / 9to5Google:
Google says Android 11 Beta 1 is being pushed back to June 3, about a month behind schedule, but the final release is still on track for Q3  —  Back in February, Google laid out plans for three Android 11 developer previews and betas.  The company delivered the first half on that schedule amid COVID-19 …
Emily Bary / MarketWatch:
Square reports Q1 revenue of $1.38B, up 44% YoY, with net loss of $106M, up $68M YoY, as Square fills reserves to prepare for COVID-19 problems; stock down 6%+  —  Payments processor falls to an adjusted loss as it prepares for merchants' transaction and loan losses with reserves  —  Referenced Symbols
Devindra Hardawar / Engadget:
Microsoft debuts 13.5-inch and 15-inch Surface Book 3 laptops with 10th-gen quad-core Intel CPUs, new NVIDIA GPUs, available May 21 from $1,600 and $2,300  —  With the Surface Book 2, Microsoft proved it could take on the MacBook Pro directly with a powerful and genuinely innovative PC notebook.
Microsoft Devices Blog:
Tom Warren / The Verge:
Janko Roettgers / Protocol:
Sources: Google to release a Fire TV-like Android TV dongle with a new content-centric UI in the coming months, likely extending its Nest brand to the product  —  Google is set to introduce an Android TV streaming device in the coming months, a reimagined dongle with a new user interface …
Jordan Novet / CNBC:
Twilio beat Q1 estimates with revenue of $364.9M, up 57% YoY, and reports over 190K active customer accounts; stock is up about 25% after hours  —  - Twilio beat expectations on results and its guidance for the current quarter.  — The company withdrew full-year guidance.  —  Jeff Lawson
Kurt Wagner / Bloomberg:
The Libra Association names former US Treasury Department official Stuart Levey as its first CEO ahead of a renewed regulatory push  —  The Libra Association, the group behind the proposed digital currency invented by Facebook Inc., named former U.S. Treasury Department official Stuart Levey as its first chief executive officer.
Lora Kolodny / CNBC:
Lyft reports Q1 revenue of $955.7M, up 23% YoY, as its net loss drops to $398.1M from $1.1B in 2019; active riders rose 3% YoY to 21.2M; stock up 10%+  —  - On Wednesday, Lyft reported losses of $398.1 million, and revenue of $955.7 million for Q1 2020.  — Citing Covid-19 impacts to its business …
Matthew Panzarino / TechCrunch:
Interview with Apple SVP Craig Federighi about the iPadOS cursor, a significant change to the pointer paradigm, and the decisions Apple made to get there  —  Apple SVP Craig Federighi talks about the iPad's new cursor and Magic Keyboard  —  Even though Apple did not invent the mouse pointer …
Ivan Mehta / The Next Web:
Facebook tries again to offer “free” mobile web access with data limits, partnering with telecoms in Peru to offer a Discover app that lets users visit any site  —  Remember Free Basics?  Facebook's ambitious program to bring people to the internet for the first time.
Lauren Feiner / CNBC:
Uber says it will lay off 3,700 employees, or ~14% of its workforce, as it has been hit hard by the pandemic; CEO Dara Khosrowshahi will forgo his base salary  —  Uber announced Wednesday that it will lay off 3,700 employees.  The cuts to its customer support and recruiting teams represent …
Ashley Carman / The Verge:
Source: Spotify is testing video podcasts in its app, starting with two YouTube stars  —  The test is coming to half of Zane Hijazi and Heath Hussar's audience  —  Spotify is now testing video podcasts in its app, starting with two YouTube stars: Zane Hijazi and Heath Hussar, hosts of Zane and Heath: Unfiltered.
Ellen Hammett / Marketing Week:
Study: half of the money brands invest in programmatic advertising never reaches online publishers; 15% of the money is unattributable to supply chain players  —  A new study by ISBA has found that half the money advertisers invest in programmatic advertising never reaches online publishers …
Chalkbeat New York:
NYC Department of Education reverses its ban on Zoom for online learning after Zoom agreed to create customized platform for the city to address security issues  —  After forbidding schools from using the teleconferencing platform Zoom for remote instruction, New York City is reversing course, officials said Wednesday.

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