Techmeme: Microsoft planned to reduce its cut from 30% to 12% for Xbox games too, a document filed as part of Epic vs Apple lawsuit in January shows (Tom Warren/The Verge)

Open Links In New Tab

Mobile Archives Advertise Site News

May 3, 2021, 8:15 AM

Top News

Juli Clover / MacRumors:

Kuo: Apple is planning to launch a foldable iPhone with an 8" QHD+ flexible OLED display in 2023; Kuo says Apple will ship 15M to 20M foldable iPhones in 2023 — Apple is working to launch a foldable iPhone with an 8-inch QHD+ flexible OLED display in 2023, Apple analyst Ming-Chi Kuo …

David Phelan / Forbes:

SEC filing: Rockley Photonics, developer of sensors that can be used for blood pressure and glucose monitoring, says Apple is currently its biggest customer — A new report says that a future Apple Watch could have a new raft of health sensors, including blood pressure and …

Source: Telegraph. More: Engadget, XDA Developers, 9to5Mac, MacRumors, PCMag, Tom's Guide, TechSpot, Gizchina, Wccftech, Ubergizmo, AppleInsider, SlashGear, phonearena.com, BGR India, and TechRadar

Tweets: @forbes, @engadget, and @davidphelan2009

Lora Kolodny / CNBC:

Neuralink's President and co-founder Max Hodak tweets that he has left the brain-computer interface startup — - Neuralink co-founder Max Hodak announced Saturday that he is no longer working with the brain tech company he started with Elon Musk. — Musk - who is also the CEO of auto …

More: The Verge, Insider, Engadget, and Gizmodo

Tweets: @max_hodak, @benshooter, @nickcammarata, @rhinosoros, @doctorow, @lorakolodny, @teslacharts, @yoda, and @ermonacelli

Tom Warren / The Verge:

Microsoft planned to reduce its cut from 30% to 12% for Xbox games too, a document filed as part of Epic vs Apple lawsuit in January shows — Confidential Microsoft documents reveal some big plans — Microsoft had been planning to cut its Xbox store cut to just 12 percent …

Steve Kovach / CNBC:

Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo” — - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.

More: Bloomberg, TechCrunch, Verizon, The Verge, New York Times, and Financial Times

Tweets: @megancgraham, @rustybrick, @sherman4949, @stevekovach, and @alex

See also Mediagazer

Pete Rizzo / Bitcoin Magazine:

A look back at Satoshi Nakamoto's role in the Bitcoin project and exchanges with its community, 10 years after the disappearance of the mysterious figure — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared. Pete Rizzo tells the story. — 10 years ago today, Bitcoin creator Satoshi Nakamoto's disappeared.

More: Protocol. Tweets: @pete_rizzo_, @bitcoinmagazine, @bitcoinmagazine, and @bottlepay

Doug Kramer / The Cloudflare Blog:

Cloudflare, which was sued by “patent troll” Sable Networks, is offering a $100K bounty to those who can find evidence of prior art on Sable Networks' patents — Here we go again. — On March 15, Cloudflare was sued by a patent troll called Sable Networks …

More: Techdirt, The Register, and TechCrunch

Tweets: @eastdakota, @paulg, @jason, @bgurley, @jrichlive, @kennethn, @jgarzik, @zacharykimball, @tmychow, @scottmcgrew, @saarw, @scriptjunkie1, @cloudflare, @eff, and @marypcbuk

Shiyin Chen / Bloomberg:

Dell has agreed to sell Boomi, which specializes in integrating cloud platforms for companies, to Francisco Partners and TPG in a cash deal valued at $4B — Dell Technologies Inc. has agreed to selling its Boomi cloud business to private-equity firms Francisco Partners and TPG in a cash deal valued …

More: Dell Technologies, Wall Street Journal, TechRadar, and The Economic Times

Tweets: @tpg and @jaycuthrell

Alex Russell / Infrequently Noted:

Apple's ban on alt iOS browser engines and years of delays in adding features to WebKit can explain why web apps are not a viable alternative to App Store apps — Do App Store policies harm developers? Is the web a credible alternative? A look at the data. — Three facts...

More: 9to5Mac. Tweets: @alexhern, @tolmasky, @thomaswilburn, @ciphergoth, @slightlylate, @migueldeicaza, @slightlylate, @tolmasky, @carnage4life, @cwilso, and @tolmasky

Darrell Etherington / TechCrunch:

Toronto-based Wealthsimple, an online investment management service, raises ~$610M at a post-money valuation of $4B, led by Meritech and Greylock — Canadian fintech giant Wealthsimple has raised a new round of $750 million CAD (~$610 million) at a post-money valuation of $5 billion CAD (~$4 billion).

More: Globe and Mail and PYMNTS.com

Olaf Storbeck / Financial Times:

More than 30 of Europe's largest banks and credit card processors form the European Payment Initiative, aiming to compete with a US-dominated “oligopoly” — More than 30 lenders designing rival to take on PayPal, Mastercard, Visa and Apple — More than 30 of Europe's largest banks …

More: PYMNTS.com

Kristin Stoller / Forbes:

Connecteam, whose app helps employers remotely manage deskless workers in industries such as retail and construction, raises $37M at a valuation of $100M+ — As an officer in the Israeli Navy, Amir Nehemia found few things more frustrating than trying to communicate essential information to soldiers in the field.

Source: PR Newswire. More: Globes Online, FinSMEs, and Tech.eu

Sponsor Posts

Clay:

Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.

Soxton:

AI-powered law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!

Zoho:

Why now: Building cloud infrastructure that the UAE can rely on — For years, the main question in the UAE was whether organizations should adopt cloud technology. Today, cloud adoption is no longer up for debate.

IDrive:

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.

Sponsor Techmeme

Featured Podcasts

Lenny's Podcast:

"Engineers are becoming sorcerers" | The future of software development with OpenAI's Sherwin Wu

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Cheeky Pint:

Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media

Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.

Subscribe to Cheeky Pint.

Tools and Weapons with Brad Smith:

His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World

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.

Subscribe to Tools and Weapons with Brad Smith.

The Nick, Dick and Paul Show:

The Billionaire Button w/ Tim Wu

Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.

Subscribe to The Nick, Dick and Paul Show.

Great Chat:

No one won the AI Bowl

A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.

Subscribe to Great Chat.

Big Technology Podcast:

Who's Winning The AI Race? + Software's Future — With Sridhar Ramaswamy

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:15 AM ET, May 3, 2021.

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

Todd Spangler / Variety:

SAG-AFTRA signs an agreement with Netflix covering The Pete Davidson Show as a podcast, after talks about whether it should be treated as a TV show or a podcast

Antonio Zappulla / Thomson Reuters Foundation:

The Thomson Reuters Foundation says its news brand, Context, will be “phased down”, some staffers will lose jobs, and the site will remain up as an archive

Bloomberg:

Meta and Snap report minimal impact from Australia's teen social media ban as it affects a small number of users who aren't high-value targets for advertisers

More News

Joanna Ossinger / Bloomberg:

Report: Bitcoin accounts for ~46% of total crypto market value of $2.3T, down from ~70% at the start of the year; Ether, which rose to $3K on Monday is at ~15%

More: CNET, CoinDesk, CoinDesk, and Cryptonews

Tweets: @czechboy0 and @tracyalloway

Meir Orbach / CTech:

Israeli startup Locusview raises $64M Series A for its digital construction management suite that helps companies manage infrastructure capital projects

More: Globes Online

Catherine Shu / TechCrunch:

Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $65M led by Sequoia Capital India

More: Tech in Asia and KrASIA

New York Times:

SensorTower data shows Clubhouse has been downloaded 1.1M times in the Middle East, where its users see it as an open forum to discuss politics and taboo issues

Tweets: @abdu, @curdistani, @nytimes, @freddydeknatel, @mairavz, @asadabukhalil, @shahselbe, @farnazfassihi, @evelyndouek, @rickgladstone, and @naderalihashemi

Sam Goldheart / iFixit News:

Teardown of Apple's AirTag: it has a magnet to turn its body into a speaker driver, but still has a more compact design than the Tile Mate or Galaxy SmartTag

More: iThinkDifferent, Engadget, The Verge, TechSpot, Gizmodo, The Overspill, SlashGear, Wccftech, iPhone in Canada Blog, AppleInsider, MacRumors, and Pocketnow

Tweets: @zcichy, @arnoldkim, @snazzyq, @braydonstachel, @l0vetodream, @snazzyq, @glennf, @glennf, @techaltar, and @backlon

Reuters:

Intel says it will invest another $600M in Israel, primarily to expand its Mobileye R&D, and confirms it is spending $10B on a new chip plant there

More: iTnews, CNET, Gizchina, VentureBeat, Tom's Hardware, SiliconANGLE, and Tech News

Earlier Picks

Laurens Cerulus / Politico:

Critics say the EU should focus on producing older generations of chips instead of making big plans to invest billions of euros into cutting-edge chip-making

Tweets: @politicoeurope, @laurenscerulus, @adam_tooze, @adam_tooze, @nicholasvinocur, and @joelbasson

Anthony Ha / TechCrunch:

Helsinki-based Yousician, which claims to have 20M MAUs across its music education app and guitar tuning app, raises $28M Series B led by True Ventures

Source: PR Newswire. More: Music Ally, Music Business Worldwide, ArcticStartup, FinSMEs, and EU-Startups

Tweets: @miikahuttunen, @timomj, @smolaholic, @scholaraudition, @trueventures, and @pvesterbacka

Monica Chin / The Verge:

Members of the Linux developer community reflect on “hypocrite commits” research, which got University of Minnesota banned from contributing to the Linux kernel

More: The New Stack. Tweets: @thehackersnews, @physicsteo, @ebomike, and @reckless

Anton Shilov / Tom's Hardware:

Researchers find new exploit leaving all modern AMD and Intel processors with micro-op caches defenseless to Spectre threat, in spite of all current mitigations

Source: University of Virginia School …. More: SiliconANGLE, Engadget, iTnews, TechSpot, Phoronix, and HotHardware.com News

Tweets: @weldpond, @alspeirs, @paulrteich, and @p3b7_

Alyse Stanley / Gizmodo:

After an investigation found 800+ Etsy listings for weapons, porn, other items violating its policies, Etsy says it'll invest ~$40M in policy enforcement in '21

Source: Insider and Etsy Blog. More: Engadget

Tweets: @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @techinsider, @robaeprice, @robaeprice, @lexnfx, and @robaeprice