| Bloomberg: |
Sources: Nintendo plans to announce an upgraded Switch ahead of the June E3 conference and release it in September or October, for more than the original's $299 — - Announcement of new Switch could be made ahead of June's E3 — Suppliers say Nintendo likely to price new model above $299| Jay Peters / The Verge: |
Twitter says users can now join Spaces via desktop and mobile web browsers, but can't host rooms on the web just yet — You can't host rooms yourself on the web just yet, though — You'll be able to join Twitter's Clubhouse-like Spaces from desktop and mobile web browsers starting Wednesday … | Kurt Wagner / Bloomberg: |
Facebook says it will limit the distribution of all posts from personal accounts that routinely spread misinformation — Facebook Inc. will begin doling out harsher punishments for individual accounts that repeatedly share false or misleading posts, an expansion of the social network's efforts to crack down on misinformation.| Elizabeth Dwoskin / Washington Post: |
| Cristiano Lima / Politico: |
Facebook says it will no longer take down posts that claim COVID-19 was man-made, following renewed debate about the origins of the virus — Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday … | Jeff John Roberts / Decrypt: |
PayPal to add third-party wallet transfer support, allowing users to send bitcoin to PayPal and Venmo users as well as to Coinbase and outside crypto wallets — PayPal created a stir in the crypto markets last year when it announced its millions of users could buy and sell Bitcoin.| Dean Takahashi / VentureBeat: |
Nvidia beats with record Q1 revenue of $5.66B, up 84% YoY, with Gaming revenue of $2.76B, up 106% YoY, and Data Center revenue of $2.05B, up 79% YoY — Nvidia reported revenues of $5.66 billion for its first fiscal quarter ended May 2, up 84% from a year earlier. Gaming revenue grew 106% to $2.76 billion.| Wesley Hilliard / AppleInsider: |
Apple Watch driving radical smartwatch market expansion in Q2 2021 — As the overall smartwatch market grows, Apple continues to hold its lead with the popular Apple Watch Series 6 driving sales. — Research from Counterpoint shows that other platforms are struggling to gain market share in the smartwatch market.| Dan Goodin / Ars Technica: |
Researcher details a WebKit flaw, which can lead to a RCE exploit, that remains unpatched by Apple despite the availability of an open source fix for 3 weeks — WebKit bug that was fixed upstream has yet to find its way into Apple products. — Apple has yet to patch a security bug found … | Jay Peters / The Verge: |
Clubhouse hires Justin Uberti, a Google engineer who created the WebRTC standard, Google Duo, and led engineering for Stadia, as head of streaming technology — Justin Uberti is joining Clubhouse — Clubhouse has hired Justin Uberti, creator of the WebRTC standard and the Google Duo video chat app.| Karan Deep Singh / New York Times: |
Twitter criticizes the Indian government's “intimidation tactics” and says it will push for changes to regulations that give it more authority over online media — The social media platform criticized what it called “intimidation tactics,” saying it would push back on new rules … | Bloomberg: |
ZipRecruiter closes at $21.10 per share after opening at $20, giving it a valuation of ~$2.8B, up from its 2018 valuation of ~$1.5B — - Shares in ZipRecruiter opened at $20 apiece Wednesday — Company's direct listing follows Coinbase, Squarespace — ZipRecruiter Inc. rose … | Jay Peters / The Verge: |
Amazon says Andy Jassy will become CEO on July 5, which marks 27 years to the day that Amazon was incorporated — That's Amazon's 27th birthday — Andy Jassy will officially become the CEO of Amazon on July 5th, the company announced at a shareholder meeting on Wednesday.| Natasha Lomas / TechCrunch: |
Ada Health, which offers an AI-driven symptom assessment app for patients, raises $90M Series B led by Leaps by Bayer — The digital health space continues cooking on gas: Berlin-based Ada Health has closed a $90M Series B round of funding led by Leaps by Bayer, the impact investment arm … | Devin Coldewey / TechCrunch: |
OpenAI's Sam Altman announces a $100M startup fund with Microsoft backing aimed at early-stage AI companies, with plans to invest in “probably not more than 10” — OpenAI is launching a $100 million startup fund, which it calls the OpenAI Startup Fund, though which it and its partners … | Hartley Charlton / MacRumors: |
Apple removes an app, discovered by a developer, that required at least a three-star review before people could use it — An app that demanded at least a three-star review to function got through the App Store review process, it has been found (via The Verge).| Brian Armstrong / The Coinbase Blog: |
Coinbase CEO Brian Armstrong announces Fact Check, a section of the Coinbase blog to combat misinformation and mischaracterizations about Coinbase or crypto — Every tech company should go direct to their audience, and become a media company. — As Coinbase and the cryptoeconomy grow … | Annie Palmer / CNBC: |
Amazon says it will acquire MGM Studios for $8.45B, its second-largest acquisition since it paid $13.7B for Whole Foods in 2017 — - Amazon is buying MGM Studios, the companies announced, marking Amazon's most ambitious move yet into the entertainment business.| Peter Kafka / Vox: |
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| Patrick Sykes / Bloomberg: |
| Martin Tisne / MIT Technology Review: |
| Sarah Perez / TechCrunch: |
| New York Times: |
| Sarah Perez / TechCrunch: |