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May 4, 2021, 8:45 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, Axios, VentureBeat, SiliconANGLE, phonearena.com, AppleInsider, Reuters, IGN, Ed Zitron's Where's Your Ed At, and GeekWire
Tweets: @nickstatt, @tomwarren, @patrickmcgee_, @kifleswing, @johnmarknewman, @patrickmcgee_, @eringriffith, @colincornaby, @reckless, @eringriffith, @benbajarin, @kifleswing, @eringriffith, @eringriffith, @tomwarren, @pkafka, @zittrain, @thedextriarchy, @patrickmcgee_, @kifleswing, @jacobwolf, @thedextriarchy, @kifleswing, @thedextriarchy, @iansherr, @chrismlacy, @thedextriarchy, @eringriffith, @thedextriarchy, @ronamadeo, @rjonesy, @cstar_ow, @kifleswing, @snazzyq, @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: |
Court docs: in a 2011 email Phil Schiller floated cutting Apple's 30% fee, provided it could still generate $1B in annual App Store profits when the fee was cut — - Top executive proposed fee cut at $1 billion in annual profit — App Store fee structure, policies at issue in trial with Epic
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The Verge, Philip Elmer‑DeWitt, Ubergizmo, VG247, iPhone Hacks, MacRumors, Patently Apple, GamesIndustry.biz, iMore, and AppleInsider
| 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: @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, Android Headlines, BGR India, SiliconANGLE, MUO, TNW, SlashGear, CNBC, TechRadar, Input, BuzzFeed News, XDA Developers, TechSpot, and iPhone Hacks
Tweets: @twitterspaces, @twitterspaces, @twitterspaces, @immak02, @thauburger, @thecosby, @mariosundar, @iwillleavenow, @nixgeek, @greencapalot, @racheltobac, @greetinghimeros, @mandmstravels, @pearkes, @yashar, @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 Google last month after colleagues' firings; sources: Bengio to lead 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, Ars Technica, Neowin, iTnews, Philip Elmer‑DeWitt, VentureBeat, and Reuters
Tweets: @peard33, @timnitgebru, and @9to5mac
| Rupert Neate / The Guardian: |
Filing: Amazon had sales of €44B in Europe in 2020, but made 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 over Amazon's tax planning …
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The Irish Times. Tweets: @margarethodge, @dresserman, @carolinepennock, @carolinelucas, and @yanisvaroufakis
| Stephen Shankland / CNET: |
Intel to invest $3.5B to upgrade its chipmaking plant in New Mexico, resulting in 700 new jobs over three years, as part of CEO Pat Gelsinger's turnaround plan — Intel on Monday plans to announce a $3.5 billion upgrade to a chip manufacturing plant in Rio Rancho, New Mexico.
Source:
Intel. More:
CBS News, AnandTech, HPCwire, Silicon Valley Business …, Tom's Hardware, ZDNet, and TechSpot
Tweets: @at983, @gaborfari, @anandtech, and @stshank
| 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 …
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9to5Mac, Silicon Republic, phonearena.com, Cult of Mac, iMore, and SlashGear
Tweets: @alexeheath, @alexeheath, and @tomwarren
| 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: @chris_skinner, @ellenhuet, @jfberke, @markmilian, @kateclarktweets, @garrytan, @coolgrey, @stevegraham, @hkanji, @keegan_hamilton, and @curtisschin
| 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, Search Engine Roundtable, Nieman Lab, Washington Post, Associated Press, SlashGear, The Register, GSMArena.com, The Information, Bloomberg, Yahoo Finance, CNN, marketingdive.com, Android Headlines, and Adweek
Tweets: @megancgraham, @gregpinelo, @amykremer, @samstein, @zackwhittaker, @lexnfx, @lanceulanoff, @daltonc, @hblodget, @charlesarthur, @gurugk, @backlon, @jackiereses, @megreenwald, @zjemptv, @craigcalcaterra, @counternotions, @mims, @jshieber, @dailydirtnap, @smashdawg, @tomwarren, @profcarroll, @evleaks, @jamesrbuk, @evleaks, @rustybrick, @sherman4949, @stevekovach, and @alex
| Katie Roof / Bloomberg: |
Software storage company Vast Data raises $82M led by Tiger Global at a $3.7B valuation, more than triple its $1.2B valuation last year — - $82 million investment from Tiger Global Management, Nvidia — Value is triple that of last year when it was $1.2 billionThanks:@jferrary
Sponsor Posts
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Big Technology Podcast:
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Training Data:
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
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Hard Fork:
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