| James T. Areddy / Wall Street Journal: |
China is pitching the digital yuan as a way to soften the power of US sanctions, which are increasingly being used against Chinese companies and individuals — A cyber yuan stands to give Beijing power to track spending in real time, plus money that isn't linked to the dollar-dominated global financial system| Clubhouse: |
Clubhouse partners with Stripe to let its users send payments to other users without taking a cut; only selected users will be able to receive payments for now — From the earliest days of Clubhouse, a guiding principle has been to build a platform that puts the creator first.| Bloomberg: |
Companies that make $1 display driver chips can't keep up with surging demand, causing serious production problems for products with LCD displays like laptops — - Without a display driver chip, you can't build your product — CEO says he can't “see the light at the end of tunnel yet.”| Nick Statt / The Verge: |
Yahoo Answers, one of the internet's most storied Q&A sites, will be shut down on May 4 and the company says a comprehensive archive will not be provided — The end of a long and storied internet era (of bad questions and even worse answers) — Yahoo Answers, one of the longest-running … | Atul Bhattarai / Rest of World: |
A look at the rise and fall of India's missed call industry, which was transformed by Twitter-owned ZipDial that serviced 5M missed calls a day at its peak — In the age of expensive data, missed calls became more than just a cheap way to communicate. But in India, technology moves faster than you'd think.| Jon Porter / The Verge: |
TikTok says creators will soon be able to add automatic captions to videos in US English and Japanese with support for other languages “in the coming months” — Launching in American English and Japanese first — TikTok creators will soon be able to add automatically-generated captions … | BuzzFeed News: |
Source shares data on 1,803 US taxpayer-funded orgs using Clearview AI; many cops used its facial recognition without higher-ups knowing or after a local ban — A controversial facial recognition tool designed for policing has been quietly deployed across the country with little to no public oversight.| Andrei Frumusanu / AnandTech: |
Review of Intel's Ice Lake Xeon Scalable CPUs, its first server chip design using a 10nm process, which sees large increases in performance for many workloads — The launch of Intel's Ice Lake Xeon Scalable processors has been in the wings for a number of years.| Paul R. La Monica / CNN: |
NonFungible.com data shows the average price of an NFT has dropped from over $4,000 in late February to ~$1,256 on April 5 — New York (CNN Business)Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates … | Andy Greenberg / Wired: |
Signal says it has added support for privacy-focused cryptocurrency MobileCoin to let users send and receive money, starting in the UK on iOS and Android — The encrypted messaging app is integrating support for MobileCoin in a bid to keep up with the features offered by its more mainstream rivals.| Pranob Mehrotra / XDA Developers: |
New software update for the Google Pixel lineup reportedly dramatically boosts Pixel 5's GPU performance, which had been poor for a Snapdragon 765G-based phone — The latest software update for the Google Pixel lineup recently started rolling out to users.| Debby Wu / Bloomberg: |
Foxconn Q1 revenue jumps 44% YoY to $47B based on robust demand for Apple's new 5G devices and other gadgets — - Consumers continue to buy devices to stay connected at home — Company warns component shortage will affect 10% of shipments — IPhone assembler Hon Hai Precision Industry Co.'s … | Todd Spangler / Variety: |
E3 will take place as a free virtual conference on June 12-15 and organizers say an in-person event will happen in LA in 2022 — The Entertainment Software Association (ESA) announced plans for a “reimagined” all-virtual E3 2021, set to take place June 12-15, 2021, featuring news and game reveals.| Ingrid Lunden / TechCrunch: |
Sendbird, which helps developers integrate chat, video, and other features in their apps, raises $100M at a $1.05B valuation led by Steadfast Financial — Messaging is the medium these days, and today a startup that has built an API to help others build text and video interactivity … | Manish Singh / TechCrunch: |
India's CRED, which rewards customers for paying their credit card bills on time, raises $215M Series D at a $2.2B post-money valuation, up from $800M in Jan. — Two-year-old CRED has become the youngest Indian startup to be valued at $2 billion or higher.| Washington Post: |
A Facebook recruiter, Rhett Lindsey, who left after 11 months, and others say Facebook's hiring processes are problematic and will hinder diversity goals — The recruiter quit after 11 months, adding fuel to claims that it discriminates against Black applicants| Kyle Wiggers / VentureBeat: |
ThreatQuotient, a threat-focused security operations provider, raises $22.5M in a mix of debt and $13M equity, bringing its total raised to $60M+ — Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. — ThreatQuotient, a security operations platform provider … | Ingrid Lunden / TechCrunch: |
Empathy, an AI-based digital assistant that helps families organize affairs after a death, emerges from stealth with $13M — Death, despite being one of the most inevitable of life's events, can also be one of the most complicated and problematic. Fraught with emotional and religious complexities … | Mary Ann Azevedo / TechCrunch: |
Cora, which offers a digital checking account and other financial services to SMBs, raises $26.7M Series A led by Ribbit Capital — Cora, a São Paulo-based technology-enabled lender to small and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital.
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| Filipe Espósito / 9to5Mac: |
| Carolyn Said / San Francisco Chronicle: |
| Judd Legum / Popular Information: |
| Michael del Castillo / Forbes: |
| Tucker Higgins / CNBC: |
| Sami Fathi / MacRumors: |
| Aaron Holmes / Insider: |