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May 5, 2021, 1:40 PM
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Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules  —  The Board has upheld Facebook's decision on January 7, 2021, to restrict then-President Donald Trump's access to posting content on his Facebook page and Instagram account.
More: About Facebook, New York Times, New York Times, Ars Technica, New York Times, Tech Policy Press, MSNBC, Washington Post, Insider, Wall Street Journal, Bloomberg, Axios, MIT Technology Review, Washington Post, The Verge, Pew Research Center, CNN, Protocol, TNW, Donald J. Trump, VICE, BuzzFeed News, 9to5Mac, CNBC, New Republic, Axios, HuffPost, Washington Times, New York Post, The Independent, Washington Post, Fox News, ABC, NBC News, Politico, Politico, ZDNet, Engadget, CNET, New York Post, Gizmodo, New York Times, The Guardian, TechCrunch, Protocol, Newsweek, Newsbusters, theepochtimes.com, Raw Story, The Daily Caller, Vox, OneZero, Los Angeles Times, MUO, Insider, Variety, BBC, Electronic Frontier Foundation, Android Headlines, Newser, and Axios
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Makena Kelly / The Verge:
After teasing a new social media platform, Trump debuts a new section on his website that's effectively a blog  —  A true poster never logs off for long  —  After months of promising his own social media network for banned posters, former President Donald Trump on Tuesday launched a new section …
Danielle Partis / GamesIndustry.biz:
Following the departure of Google Stadia's head of product John Justice, a further six employees have left Stadia to work at Haven Studios, founded by an ex-VP  —  Former Stadia general manager Sebastien Puel is a co-founder of Jade Raymond's new venture  —  A further six members of staff …
Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook used in targeting the ads  —  A series of Instagram ads run by the privacy-positive platform Signal got the messaging app booted from the former's ad platform, according to a blog post Signal published on Tuesday.
Paul Vigna / Wall Street Journal:
Crypto-focused financial services company Galaxy Digital acquires BitGo, which makes multi-signature cryptocurrency wallets, for $1.2B in cash and stock  —  Purchase coincides with a nearly yearlong rally in the sector, whose market value has surged to $2 trillion
Taylor Lorenz / New York Times:
Profile of MrBeast, the most subscribed YouTuber in the US, who took a bumpy road to fame through stunt philanthropy, as he branches out into other businesses  —  Jimmy Donaldson, 22, is out to become the Elon Musk of online creators.  —  Jimmy Donaldson, 22, a YouTube megastar better known as Mr. Beast …
Chance Miller / 9to5Mac:
On Day Two of the Apple vs Epic trial, Sweeney said he would have taken an exclusive App Store deal, Apple recounted Epic's praise of Apple's Metal API, more  —  The Apple vs. Epic trial continued today, with Epic CEO Tim Sweeney testifying and facing cross-examination from Apple's layers.
Nick Statt / Protocol:
At trial, Tim Sweeney contends that the App Store taking “30% off of the top” is an existential threat to Fortnite becoming a metaverse or platform for creators
Adam Janofsky / The Record:
Study: 60% of 73 K-12 apps from 38 schools in 14 states across the US send student data to a variety of third parties, roughly 50% to Google and 14% to Facebook  —  The COVID-19 pandemic has pushed schools around the country to adopt and rely heavily on new technology.
Salvador Rodriguez / CNBC:
Facebook says that Workplace has 7M paid subscribers, up 40% YoY, as it announces new features, like Microsoft 365 and G-Suite calendar integrations  —  - Facebook's Workplace enterprise communications software has now reached 7 million paid subscribers.  — The milestone is up 40% from 5 million last May.
Zack Whittaker / TechCrunch:
Researcher details a Peloton API bug that let anyone access private account info, which initially went unpatched until a reporter contacted Peloton  —  But the company won't say if it has evidence of malicious exploitation.  —  Halfway through my Monday afternoon workout last week …
Carmen Reinicke / CNBC:
Dogecoin's price surged roughly 40% on Tuesday, reaching a market cap of $69B, up 11,000% YTD, and making Dogecoin the fourth-largest cryptocurrency  —  The latest cryptocurrency star is a coin named after a meme of a Shiba Inu dog that was started as a joke.
Nikkei Asia:
Chinese chip companies are auditing their supply chains to replace US imports with domestic suppliers, in a quest for self-sufficiency following US sanctions  —  How Washington's sanctions boosted China's semiconductor sector  —  TAIPEI — Once a month, senior executives …

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This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, May 5, 2021.

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From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Ted Johnson / Deadline:
WSJ asks a judge to toss out Trump's revised defamation lawsuit over its Jeffrey Epstein letter story, saying it is a “re-package” of claims already dismissed

More News

Earlier Picks

Catalin Cimpanu / The Record:
Dell patches a recently discovered 12-year-old driver vulnerability impacting hundreds of millions of Dell systems, which gives local attackers full PC control
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
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