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May 18, 2020, 10:40 PM
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Top News

Michael Potuck / 9to5Mac:
AG Barr says that, “no thanks to Apple”, the FBI succeeded in unlocking the “phones” of the Pensacola gunman, who they found had significant links to Al Qaeda  —  It looks like the most recent contention between the FBI and Apple over device encryption has come to an end …
New York Times:
Disney's top streaming exec, Kevin Mayer, resigns to become CEO of TikTok and COO of parent company ByteDance; Disney names Rebecca Campbell as his successor  —  Kevin Mayer will lead the Chinese-owned app for making and sharing short videos, which has exploded in popularity during the pandemic.
Preetika Rana / Wall Street Journal:
In email to staff, Dara Khosrowshahi says Uber will cut 3,000 more jobs, in addition to the 3,700 that were let go earlier this month, and will close 45 offices  —  The ride-hailing giant also is exploring the sale of noncore businesses  —  Uber Technologies Inc. is cutting several thousand …
Richard Speed / The Register:
At an MIT event, Microsoft president Brad Smith says the company was “on the wrong side of history” with open source  —  Tell-all with president Brad Smith reveals Obama warned tech giants that a privacy reckoning was coming  —  Microsoft president Brad Smith (pictured) …
Tom Warren / The Verge:
Microsoft says Minecraft has now topped 200M sales, up from 100M in 2016, with 126M monthly players; Minecraft saw a 25% increase in new players last month  —  Minecraft continues to grow despite being 11 years old  —  Minecraft sales have officially topped 200 million, with 126 million people playing the game monthly.
Oculus:
Oculus says it will start accepting Quest titles that support hand tracking this month and details two new collaboration and productivity apps coming this year  —  We're about to celebrate an exciting milestone: the one-year anniversary of Oculus Quest and Rift S!
Janko Roettgers / Protocol:
Facebook's VP of consumer hardware Andrew Bosworth says users have spent over $100M on Quest VR content and Portal sales are up 10x compared to mid-March
Cheng Ting-Fang / Nikkei Asian Review:
Sources: TSMC, the biggest contract chipmaker, has halted new orders from Huawei in response to new US export controls; orders placed before are not impacted  —  Taiwan chipmaker's relationship with its second biggest customer under fire  —  TAIPEI — Taiwan Semiconductor Manufacturing Co. …
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 …
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
Zoe Schiffer / The Verge:
Jack Dorsey has told Square employees they can work from home even after the COVID-19 shelter-in-place orders end, following a similar move at Twitter  —  Employees can work remotely even after the COVID-19 shelter-in-place orders end  —  Square employees will be able to work from home …
Echo Wang / Reuters:
Sources: Nasdaq to unveil new rules requiring companies from some countries, including China, to raise $25M+ or 25%+ of post-listing market cap in their IPOs  —  NEW YORK (Reuters) - Nasdaq Inc (NDAQ.O) is set to unveil new restrictions on initial public offerings (IPOs) …
Ashley Carman / The Verge:
Google suspended a popular Android podcast app, Podcast Addict, from the Play Store and removed ads from existing installs, because it lists COVID-19 content  —  Part of a new Google policy  —  Podcast Addict, an Android podcast app with millions of users, was suspended over the weekend because it lists COVID-19 content.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 PM ET, May 18, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Max Tani / Semafor:
Source: OpenAI privately complained to NBC News that the author of a story about OpenAI pressuring nonprofits was backed by a nonprofit involved in the story

More News

David Cohen / Adweek:
Instagram introduces Guides, a feature letting creators curate content on a specific subject, debuting with select accounts focusing on wellness

Earlier Picks

Sachin Ravikumar / Reuters:
Indian food delivery startup Swiggy says it will lay off 1,100 employees, or nearly 14% of its workforce, to cut costs amid the pandemic
Ranjan Roy / Margins:
DoorDash is listing restaurants on its service without their permission, leading to inaccurate menus, unhappy customers, and even arbitrage opportunities
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
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
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