| 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| Joseph Cox / VICE: |
Sources detail Citizen's efforts to cash in on vigilantism, including flooding users with notifications to make them anxious enough to buy its premium service — Internal documents, messages, and roadmaps show how crime app Citizen is pushing the boundary of what a private, app-enabled vigilante force may be capable of.| Juli Clover / MacRumors: |
Twitter Blue, Twitter's anticipated $2.99 monthly subscription tier, is now listed as an option in the iOS App Store, despite the feature not being live in-app — Twitter appears to have mistakenly confirmed its plans to launch a new subscription tier called “Twitter Blue,” with the new purchase option now listed in the iOS App Store.| Adrian Kingsley-Hughes / ZDNet: |
Acer unveils four new Chromebooks, including an industry-first 17.3-inch Chromebook, available in June, with prices starting at $380 — There's also a big emphasis on enterprise Chromebooks., a whole raft of other new hardware, and a commitment to 100 percent renewable energy use.| Natalie Gagliordi / ZDNet: |
Box beats expectations with Q1 revenue of $202.4M, up 10% YoY, compared to expected $200.4M, Q1 billings were $159.4M, up 24% YoY, expects Q2 revenue of ~$212M — On a non-GAAP basis, Box's EPS was 18 cents on top of $202.4 million in revenue, up 10% year over year.| Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to raise its market share by 3 percentage points and Samsung grew 27% YoY — - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.| Catalin Cimpanu / The Record: |
FBI says a foreign nation-state hacking group breached a US municipal government via an unpatched Fortinet VPN appliance — The Federal Bureau of Investigation said today that foreign hackers had breached the network of a local US municipal government after exploiting vulnerabilities in an unpatched Fortinet networking appliance.| Matthew Gault / VICE: |
Amazon introduces AmaZen meditation booths in which warehouse employees can watch company videos about mindfulness to deal with stress — The AmaZen meditation booth is a small room where employees can watch company videos about mindfulness while a small fan moves the air around. — Matthew Gault| Eric Newcomer / Newcomer: |
Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020 — Andreessen Horowitz's third crypto fund is in talks to raise $2 billion. — Andreessen Horowitz is in the process of tripling down on crypto, raising its third crypto fund since 2018.| Joel Rosenblatt / Bloomberg: |
Four former Google employees earn class action status from CA judge in gender pay gap lawsuit against the company; over 10,800 women will seek $600M+ in damages — - Suit represents 10,800 women seeking more than $600 million — Company said it has spent eight years making sure pay is fair| Casey Newton / Platformer: |
Instagram's test to hide Like counts highlights a lesson that social networks are reluctant to learn: one-size-fits-all policies are making users miserable — In April 2019, amid growing questions about the effects of social networks on mental health, Instagram announced it would test a feed without likes.| Bloomberg: |
As China cracks down on its tech giants, Tencent, Alibaba, and Meituan warn investors they will invest heavily in AI, cloud computing, and autonomous vehicles — - Tencent, Alibaba plan to plow back incremental profits — Meituan is set to report wider losses as it boosts investment| Mark Bergen / Bloomberg: |
Google announces new tools and partnerships with Shopify, Square, GoDaddy, and WooCommerce to help merchants sell more easily in Search, Maps, and YouTube — - Sellers on Square, GoDaddy will get access to Google features — Marriage of Google and Shopify centers on two executives| Adi Robertson / The Verge: |
Industry groups representing Google, Facebook, and others sue Florida over its new social media law, calling it a “frontal assault on the First Amendment” — Yes, the one with the theme park exception — Two tech industry organizations have sued Florida over its newly passed rules for social networks.| Alex Konrad / Forbes: |
Sources: TTYL, the company that created Poparazzi, is raising a Series A led by Benchmark that could swell up to $20M, at an implied valuation of $135M — Days after reaching the top of Apple's App Store, Poparazzi and founders Alex and Austen Ma are set to raise funding from venture capitalist investors … | 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 … | Stephanie Condon / ZDNet: |
VMware Q1: $2.99B revenue, up 9% YoY, Services revenue of $1.6B, Subscription and SaaS revenue of $741M, up 29% YoY; FY2022 revenue of $12.8B expected — Top and bottom line results were slightly ahead of market estimates, with subscription and SaaS revenue up 29 percent.| Jon Swartz / MarketWatch: |
HP beats with Q2 revenue of $15.9B, up 27.3% YoY, Personal Systems net revenue of $10.6B, up 27% YoY, Printing net revenue of $5.3B, up 28% YoY — HP Inc. shares initially sank 5% in extended-trading Thursday after the PC giant announced what has become a familiar pattern: notebook sales continue to thrive in the age of COVID.| CNBC: |
Source: Swedish payments startup Klarna is close to raising a new round at a $40B+ valuation, after raising $1B at a $31B valuation in March — - Klarna, a European buy-now-pay-later company, is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.| Sarah Perez / TechCrunch: |
RevenueCat, which offers a series of tools for developers to add subscriptions to their apps, raises $40M Series B led by Y Combinator's Continuity Fund — RevenueCat, a startup offering a series of tools for developers of subscription-based apps, has raised $40 million in Series B funding … | Ryan Mac / BuzzFeed News: |
Facebook told staff that it will resume political contributions via its PAC, but will not give to any lawmaker who voted against certifying the 2020 US election — Facebook is resuming political contributions through its political action committee, but will not give money to any members … | Steven J. Vaughan-Nichols / ZDNet: |
Have I Been Pwned goes open source, starting with the Pwned Password code; FBI to begin sharing compromised passwords discovered in investigations with the site — Want to find out if someone's stolen your user IDs and passwords? Then you can use “Have I Been Pwned,” and now the code behind it is being open sourced.| Ari Levy / CNBC: |
Snowflake says it no longer has an HQ, and designates Bozeman, Montana, where its CEO and CFO live, as its executive office, because it's required by the SEC — - Snowflake said in its earnings release on Wednesday that it no longer has a corporate headquarters, as its workforce is “globally distributed.”
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