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May 4, 2021, 9:40 AM
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| Mitchell Clark / The Verge: |
Court docs: Epic's total gross revenue was $5.6B in 2018 and $4.2B in 2019, with the vast majority of revenue coming from Fortnite — New financial figures were revealed as part of Epic Games' antitrust case against Apple — After a meteoric rise to popularity in 2018 … | Chance Miller / 9to5Mac: |
Epic vs. Apple trial begins with Epic attacking the App Store's “walled garden”, arguing Apple's 30% cut is monopolistic; Apple argues 30% is standard practice — Today marked the beginning of the highly-anticipated Apple vs. Epic trial, and things kicked off with both companies presenting their opening statements.
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The Verge, Bloomberg, GamesIndustry.biz, CNBC, Ars Technica, Vox, VentureBeat, Axios, SiliconANGLE, phonearena.com, AppleInsider, Reuters, and IGN
Tweets: @nickstatt, @tomwarren, @kifleswing, @patrickmcgee_, @johnmarknewman, @patrickmcgee_, @eringriffith, @colincornaby, @reckless, @eringriffith, @kifleswing, @eringriffith, @eringriffith, @pkafka, @zittrain, @patrickmcgee_, @kifleswing, @jacobwolf, @thedextriarchy, @kifleswing, @thedextriarchy, @iansherr, @chrismlacy, @thedextriarchy, @eringriffith, @thedextriarchy, @ronamadeo, @rjonesy, @cstar_ow, @kifleswing, @snazzyq, @thedextriarchy, @benbajarin, @tomwarren, @thedextriarchy, @iansherr, @mattocko, @iansherr, @eringriffith, @thedextriarchy, @stephennellis, @reckless, @nickstatt, @lauren_feiner, @nickstatt, @patrickmcgee_, @eringriffith, @nickstatt, @iansherr, @patrickmcgee_, @iansherr, @nickstatt, @patrickmcgee_, @patrickmcgee_, @willoremus, @reggie, @patrickmcgee_, @patrickmcgee_, @patrickmcgee_, @gamoid, @jakesucky, @thedextriarchy, @gamoid, @iansherr, @iansherr, @eringriffith, @thedextriarchy, @thedextriarchy, @thedextriarchy, @iansherr, @thedextriarchy, @iansherr, @nickstatt, @iansherr, @eringriffith, @benbajarin, @benbajarin, @iansherr, @iansherr, @eringriffith, @eringriffith, @iansherr, @tomwarren, @pkafka, and @pkafka
| Mark Gurman / Bloomberg: |
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iThinkDifferent, The Verge, CNBC, Philip Elmer‑DeWitt, VG247, Ubergizmo, iPhone Hacks, MacRumors, and Patently Apple
| Casey Newton / The Verge: |
Basecamp employees detail an all-hands that led to resignations, including the head of strategy, who questioned the existence of white supremacy at the company — I. — At 8AM PT on Friday, a bleary-eyed Basecamp CEO Jason Fried gathered his remote workforce together on Zoom to apologize.
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Wall Street Journal. Tweets: @engineering_bae, @briannawu, @mattetti, @karenmcgrane, @monteiro, @s_m_i, @reckless, @amyhoy, @brosandprose, @mtaibbi, @beijingdou, @carnage4life, @juliaangelenpr, @emilygorcenski, @_danilo, @cindygallop, @thedextriarchy, @lhfang, and @kvlly
| Sarah Perez / TechCrunch: |
Twitter opens Spaces, its live audio feature, to anyone with 600+ followers and details plans for Ticketed Spaces, reminders, co-hosting, accessibility, more — Twitter Spaces, the company's new live audio rooms feature, is opening up more broadly. The company announced today it's making …
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Twitter, PCMag, 9to5Google, Engadget, iMore, BGR India, Android Headlines, SiliconANGLE, MUO, TNW, SlashGear, TechRadar, Input, CNBC, BuzzFeed News, XDA Developers, and TechSpot
Tweets: @twitterspaces, @twitterspaces, @twitterspaces, @immak02, @thauburger, @thecosby, @mariosundar, @iwillleavenow, @nixgeek, @greencapalot, @racheltobac, @greetinghimeros, @pearkes, @yashar, @mandmstravels, @chrismessina, @twitterspaces, @twitterspaces, @twitterspaces, @carnage4life, @larakate, @willoremus, @willoremus, @willoremus, @joshconstine, @quinnypig, @martinsfp, @carnage4life, @caseynewton, and @willoremus
| Reuters: |
Apple hires ex-Google AI scientist Samy Bengio, who left last month after colleagues' firings; sources say Bengio will lead a new AI unit under John Giannandrea — Apple Inc (AAPL.O) said on Monday it has hired former distinguished Google (GOOGL.O) scientist Samy Bengio …
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Engadget, TNW, iThinkDifferent, Cult of Mac, Ars Technica, iTnews, Neowin, and Philip Elmer‑DeWitt
Tweets: @peard33, @timnitgebru, and @9to5mac
| Dieter Bohn / The Verge: |
Twitter buys Scroll, the $5/month service that removes ads from partner news sites; Scroll's Nuzzel email service will shut down on May 6 — The Nuzzel email service is winding down and the future of Scroll is uncertain — Twitter's acquisition spree continues today with Scroll …
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Twitter, CNN, Scroll Blog, Bloomberg, 9to5Mac, CNET, TechCrunch, Vox, Nuzzel Blog, and Axios
Tweets: @arctictony, @mep, @mep, @mathewi, @elliotturn, @arctictony, @arctictony, @arctictony, @arctictony, @arctictony, @arctictony, @anthony, @reckless, @caseynewton, @mep, @tryscroll, @tryscroll, @mep, @sarafischer, @sarafischer, and @tryscroll
| Ingrid Lunden / TechCrunch: |
Acronis, which provides data backup and protection services, raises $250M at a $2.5B+ valuation led by CVC — As cybersecurity continues to grow in profile amid an increasingly complex and dangerous landscape of malicious activity, a cyber security vendor that specializes in “all-in-one” …
More:
VentureBeat, Tech.eu, ZDNet, CRN, Acronis, Private Equity News, Channel Futures, Tech in Asia, and SecurityWeek. Thanks:@ingridlunden
| Rupert Neate / The Guardian: |
Filing: Amazon had sales of €44B in Europe in 2020, but reported a €1.2B loss and therefore paid no corporate tax — Despite lockdown surge the firm's Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax — Fresh questions have been raised …
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The Irish Times. Tweets: @margarethodge, @dresserman, @carolinepennock, @carolinelucas, and @yanisvaroufakis
| Eric Slivka / MacRumors: |
Apple releases iOS 14.5.1, watchOS 7.4.1, and macOS Big Sur 11.3.1 with security fixes for flaws in WebKit that Apple says were being actively exploited — Alongside iOS 14.5.1 and watchOS 7.4.1, Apple today also released macOS Big Sur 11.3.1, which the company says “provides important security updates”.| Sarah McBride / Bloomberg: |
Justin Zhu, former Iterable CEO ousted for taking LSD before a meeting, on his disputes with key investors and the challenges of being Chinese in Silicon Valley — Justin Zhu, chief executive officer of digital marketing startup Iterable Inc., was walking down Broadway in San Francisco …
Tweets: @ellenhuet, @chris_skinner, @jfberke, @markmilian, @kateclarktweets, @garrytan, @coolgrey, @stevegraham, @hkanji, @keegan_hamilton, and @curtisschin
| Katie Canales / Insider: |
SensorTower data shows Clubhouse was downloaded only about 900,000 times in April, down from 2.7M installs in March and from February's peak of 9.6M — - Clubhouse's 922,000 downloads in April is a dip from February when 9.6 million users installed it. — The audio app has enjoyed …
More:
9to5Mac, Silicon Republic, phonearena.com, Cult of Mac, iMore, and SlashGear
Tweets: @alexeheath, @tomwarren, and @alexeheath
| Alex Wilhelm / TechCrunch: |
WorkBoard, which develops software to help companies manage their corporate planning, raises $75M Series D led by SoftBank at a post-money valuation of $800M — This morning WorkBoard, a software startup that sells software designed to help other companies plan, announced that it has raised …
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FinSMEs and VentureBeat
| 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.
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Verizon, Protocol, Engadget, Axios, TechCrunch, Search Engine Roundtable, Telecoms.com, Nieman Lab, Washington Post, Associated Press, SlashGear, GSMArena.com, The Register, The Information, Bloomberg, marketingdive.com, and Yahoo Finance
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