| Tom Warren / The Verge: |
Microsoft says it will reduce its cut for PC games in Windows store from 30% to 12% from August 1, in a bid to compete with Steam — Microsoft puts the pressure on Valve's Steam store — Microsoft is shaking up the world of PC gaming today with a big cut to the amount of revenue it takes from games on Windows.| Nandita Bose / Reuters: |
US Labor Secretary says most gig workers should be classified as employees deserving of related benefits; shares of Uber, Lyft, and DoorDash are down sharply — WASHINGTON (Reuters) - President Joe Biden's top labor official said most gig workers in the United States should be classified as … | Tonya Riley / Washington Post: |
A task force of 60+ experts from industry, government, nonprofits, and academia calls on the US and allies to take steps to fight a surge in ransomware attacks — A task force of more than 60 experts from industry, government, nonprofits and academia is urging the U.S. government and global allies … | Thomas Claburn / The Register: |
After being on the Play Store for 7+ years, Google removed an educational coding app called DroidScript without recourse, seemingly over allegations of ad fraud — Creator suspects his app's ad identifier was copied but Google keeping quiet — On the last day of March, DroidScript … | Canalys.com: |
Global smartphone shipments in Q1 reached 347M, up 27% YoY; Samsung took first place, shipping 76.5M for a 22% share, while Apple shipped 52.4M for a 15% share — Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 29 April 2021| Jon Brodkin / Ars Technica: |
OpenSignal: 5G-capable devices access mmWave 5G less than 1% of the time across all US carriers; Verizon leads with just 0.8% availability — Phones capable of using mmWave 5G access it less than 1% of the time. — US mobile customers are almost never able to connect to millimeter-wave networks … | Reuters: |
Samsung reports Q1 net profit of $6.4B, up 46% YoY, driven by 66% profit surge in mobile business to $3.97B, and revenue of $59B, up 18% YoY — ReutersJoyce LeeHeekyong Yang — 3 minutes read| Arielle Pardes / Wired: |
Founders and VCs are flocking to Miami for “Miami Tech Week”, an impromptu event kicked off by a tweet from Delian Asparouhov, a principal at Founders Fund — Founders and funders are flocking to the beach for an impromptu event that some are calling “South by Southeast.”| Ingrid Lunden / TechCrunch: |
IBM acquires cloud app and network management company Turbonomic, reportedly for between $1.5B and $2B — IBM today made another acquisition to deepen its reach into providing enterprises with AI-based services to manage their networks and workloads. It announced that it is acquiring Turbonomic … | Liam Tung / ZDNet: |
Facebook joins the Rust Foundation, the org driving Rust, following Amazon, Google, Huawei, Microsoft, and Mozilla, and details its use of Rust since 2016 — Facebook is also ramping up internal developer support for Rust after targeting infrastructure written in C++.| Igor Bonifacic / Engadget: |
Google says it's rolling out an update that lets users train Assistant to pronounce and recognize uncommon names, at first in English — handful new updates that will make Assistant better at pronouncing tricky names and understanding the context of conversations you share with it.| Sarah Perez / TechCrunch: |
Instagram adds new features to let users mute their microphones and even turn their video off while using Instagram Live, as it seeks to compete with Clubhouse — In addition to Facebook's Clubhouse competitor built within Messenger Rooms and its experiments with a Clubhouse-like Q&A platform on the web … | John Egan / FinLedger: |
Rho, which offers business banking, expense management, and accounts payable services, raises $100M in debt financing, following a $15M Series A in January — Fintech startup Rho Technologies has lined up $100 million in debt financing to grow its business banking platform.| Chance Miller / 9to5Mac: |
Apple clarifies that the first-gen Magic Keyboard is “functionally compatible” with the new 12.9-inch iPad Pro but may not “precisely fit when closed” — In a new support document published today, Apple has clarified the situation around the Magic Keyboard's compatibility with the new 12.9-inch iPad Pro.| Mark Bergen / Bloomberg: |
Filing: during Q1, Alphabet saved $268M in expenses from company promotions, travel, and entertainment, compared to Q1 2020, “primarily as a result of COVID-19” — With Covid-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google's advertising business.| Chaim Gartenberg / The Verge: |
Google finally gives users a way to search through Stadia's 172 games, 526 days after the service's launch — If only Google knew anyone with experience building search engines — Stadia is an online game streaming service from Google, a company that is practically synonymous with search engines … | Yuan Yang / Financial Times: |
China asks 13 companies, including Tencent, ByteDance, and the fintech affiliate of Baidu, to introduce similar changes to those imposed on Ant Group — Thirteen companies told to ‘rectify prominent problems’ on their platforms — Chinese officials have called in 13 tech companies to ask them to … | Cat Zakrzewski / Washington Post: |
During his first speech to a joint session of Congress, Biden announced that Kamala Harris will lead the administration's rural broadband initiative — Vice President Harris will lead the Biden administration's unprecedented effort to ensure every American has access to affordable, high-speed Internet.| Gilad Edelman / Wired: |
Q&A: Evelyn Douek, a lecturer and Ph.D. student at Harvard studying online speech regulation, on why a “proportional” approach to online speech is a good thing — Major platforms' policies aren't actually inspired by the First Amendment. This legal scholar says that's a good thing.| The Markup: |
Financial services use Facebook's ad targeting to block people in certain age groups from seeing their ads, violating Facebook's anti-discrimination policies — Such ads, along with other age-targeted financial product ads, may violate civil rights laws, attorneys say| Stephanie Condon / ZDNet: |
Facebook says Q1 ad revenue was $25.4B, up 46% YoY, expects continued growth in Q2, with headwinds in H2 due to regulatory changes and Apple's iOS 14.5 update — The average price per ad in Q1 increased by 30 percent year-over-year, driving up Facebook ad revenue growth.| Investor Relations: |
| James Vincent / The Verge: |
EU adopts controversial law forcing internet companies to remove flagged terrorist content within one hour after being notified by national authorities — Critics say the legislation could hinder free speech — The European Parliament has formally adopted a law requiring internet companies to … | James Vincent / The Verge: |
Researchers demonstrate how AI software based on generative adversarial networks can be used to create deepfake satellite images — Geographic deepfakes could be used for misinformation and much more — When we think of deepfakes, we tend to imagine AI-generated people.| Matthew Leising / Bloomberg: |
Paxos Trust, which offers crypto trading settlement services, raises $300M Series D led by Oak HC/FT at a $2.4B valuation — - Startup receives $300 million from investors led by Oak HC/FT — Funds in part to be used to support firm's national trust bank| Amazon - Investor Relations: |
| Salvador Rodriguez / CNBC: |
Twitter reports Q1 revenue of $1.04B, up 28% YoY, vs $1.03B est., monetizable DAUs of 199M, up 7M QoQ, vs 200M est.; stock drops ~8%+ — - The company reported revenue of $1.04 billion for the quarter, which was up 28% from $808 million a year prior. — Twitter guided that it is expecting …
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