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May 18, 2020, 7:40 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Bloomberg: |
Apple says it's reopening 25 US stores this week plus 12 stores in Canada, adding to nearly 100 global locations that have reopened so far — - Company has 100 stores back in operation after virus closures — Plans temperature checks and face coverings at every location
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Apple, 9to5Mac, AppleInsider, Philip Elmer‑DeWitt, MacRumors, The Verge, Mashable, Digital Trends, CNBC, CNET, Reuters, Engadget, MSPoweruser, Neowin, TechCrunch, iPhone in Canada Blog, BGR, iPhone Hacks, Seeking Alpha, and Slashdot
Tweets: @ianmaude, @markgurman, @howardlindzon, @peterhimler, @caro_milanesi, @michaelsteeber, @reneritchie, @gte, and @reneritchie
| Bloomberg: |
Chinese state-backed funds invest $2.25B in chip factory of local company Semiconductor Manufacturing International, amid US move to limit chips sold to Huawei — - State-backed funds invest in Semiconductor Manufacturing plant — China is aiming to increase monthly capacity by 5 times| Pavel Alpeyev / Bloomberg: |
SoftBank Vision Fund records $17.7B loss in the last fiscal year after writing down investments including WeWork and Uber, reports a net loss of $8.96B — SoftBank Group Corp. said its Vision Fund business lost 1.9 trillion yen ($17.7 billion) last fiscal year after writing down the value of investments …
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Associated Press, South China Morning Post, Nikkei Asian Review, Nikkei Asian Review, Reuters, Reuters, and Seeking Alpha
Tweets: @vusithembekwayo, @willjordan, @tculpan, @tculpan, and @glcarlstrom
| Sam Nussey / Reuters: |
Alibaba's Jack Ma resigns from SoftBank board, as he pulls back from formal business roles to focus on philanthropy; SoftBank to propose three new appointments — TOKYO (Reuters) - SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board …
More:
ZDNet, TechCrunch, Protocol, PYMNTS.com, Wall Street Journal, New York Times, Nikkei Asian Review, Financial Times, and Seeking Alpha. Tweets: @hangzhoufeel
| Ranjan Roy / Margins: |
How Doordash listing restaurants on its service without their permission can lead to inaccurate menus, unhappy customers, and even arbitrage opportunities — There is such a thing as a free lunch — If capitalism is driven by a search for profit, the food delivery business confuses the hell out of me.
More:
Fortune. Tweets: @elimeixler, @matt_levine, @neerajka, @kitcolbert, @tomgara, @donutshorts, @faismasud, @_superbrat_, and @mattstark5
| Brian Krebs / Krebs on Security: |
US Secret Service memo warns a crime ring is targeting state unemployment insurance programs to commit fraud by using data belonging to identity theft victims — A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state …
More:
New York Times, Ubergizmo, CNET, The Verge, Engadget, PYMNTS.com, and Decrypt
Tweets: @briankrebs, @trengriffin, @kimkalunian, @donie, @rezendi, @negativeneil, @adamhdomby, @asktoconsider, @jckichen, @patriciamazzei, @bobbensonbill, @every6thday, @sustainkohala, @kimmasters, @baxter_eh, @carolynmcc, @osterman, @asktoconsider, @benbwieder, @nytimes, @jgibbons1974, and @kbaugh12
| Catalin Cimpanu / ZDNet: |
Multiple supercomputers in some EU countries were hacked this week with crypto mining malware via compromised SSH credentials; evidence suggests a single actor — Confirmed infections have been reported in the UK, Germany, and Switzerland. Another suspected infection was reported in Spain.
More:
Engadget, atdotde, Cado Security, SecurityWeek, SiliconANGLE, InsideBitcoins.com, Cointelegraph, BleepingComputer, NullTX, Security Affairs, and Slashdot
Tweets: @littllemel, @teriradichel, and @paulsparrows
| Hagop Kavafian / Android Police: |
Google Meet, which became free to use at the end of April, passes 50M installs on the Play Store, after passing 5M at the beginning of March — Due to the coronavirus pandemic, most people are stuck at home and looking for ways to keep in touch with each other.| Chance Miller / 9to5Mac: |
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts — Edison Mail is one of the more popular third-party email applications for iPhone, iPad, and Mac, but an apparent bug in the service is raising major privacy concerns.
More:
The Verge, SlashGear, Digital Trends, MacRumors, Daring Fireball, Softpedia News, Engadget, AppleInsider, and iPhone in Canada Blog
Tweets: @_am1t, @davidbyttow, @cabel, @cabel, @peteskomoroch, @zackwhittaker, and @chancehmiller
| Aditi Shrivastava / The Economic Times: |
Internal email: Indian food delivery startup Zomato to lay off 520 employees, or 13% of its workforce, and temporarily cut salaries of the rest — Employees being let go will receive half their salaries and health insurance for six months — Food delivery platform Zomato will layoff 520 employees …
More:
The Swiggy blog, The Economic Times, Ventureburn, and TechCrunch
Tweets: @madhavchanchani, @chandrarsrikant, and @ettech
| Manish Singh / TechCrunch: |
General Atlantic to invest $870M in Reliance Jio Platforms at a $65B valuation, joining Facebook, Silver Lake, and Vista Equity Partners among Jio investors — Mukesh Ambani's Jio Platforms has agreed to sell 1.34% stake to General Atlantic, the latest deal in a series of deals …
More:
The Next Web, Bloomberg, Silicon Republic, SiliconANGLE, Reuters, India TV, Entrackr, Moneycontrol, and Livemint
Tweets: @generalatlantic, @yourstoryco, @mdudas, @tanayj, and @kanchangupta
| Andreessen Horowitz: |
Analysis of ten years of cryptocurrency discussions and funding data shows repeated cycles of rising crypto activity followed by eventual “crypto winters” — People who've been in crypto for a long time view the space as evolving in cycles, alternating between periods of high activity and “crypto winters.”
More:
The Block, Cointelegraph, and CryptoSlate
Tweets: @a16z, @counternotions, @mdudas, @kimbatronic, @sassal0x, @katie_haun, and @brian_armstrong
| Seth Schiesel / Protocol: |
Jason Rubin, Facebook VP for special gaming initiatives, on how Facebook thinks about gaming and how Oculus Quest can get AAA games like Call of Duty — In December, Facebook made one of its most intriguing acquisitions in years, spending a reported $78 million to buy PlayGiga, a Spanish company specializing in cloud gaming.Sponsor Posts
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Zoho:
Introducing the sandbox environment: Safely test and optimize e-signature workflows — Changes are an inevitable part of any workflow. The average agreement workflow involves recipients across organizations …
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IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
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Big Technology Podcast:
Anthropic's Mythos Dilemma, Violence Against AI, Tokenmaxxing at Meta
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Hard Fork:
Anthropic's Cybersecurity Shock Wave + Ronan Farrow and Andrew Marantz on Their Sam Altman Investigation + One Good Thing
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Upstarts Podcast:
Decagon's Jesse Zhang: Closing Customer Service Doom Loops With AI Concierges
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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