| The Verge: |
Meta rolls out a test for a handful of creators to sell virtual items and effects in Horizon Worlds, with Meta taking a 25% cut after a platform fee in Horizon — Horizon Worlds will take a 25 percent cut of any sale after app store fees — Meta is testing new features to let creators … | Brad Stone / Bloomberg: |
Marc Andreessen has tweeted ~350 times in the past two weeks, often referring to “the current thing” meme, joined by Elon Musk and others — Three of America's top technologists are talking and tweeting with unusual fervor. But first... - Beijing is targeting tech companies' algorithms| Janko Roettgers / Protocol: |
Netflix is rolling out a Double Thumbs Up ratings option, which will appear next to the thumbs up and down buttons, to let it refine content recommendations — For nearly five years, Netflix has had simple thumbs-up and thumbs-down icons to express viewing preferences and help its algorithms provide better recommendations.| Max A. Cherney / Protocol: |
Filing: Chipmaker Ampere Computing, founded by former Intel president Renee James, has filed for an IPO; Oracle reportedly has a 20%-50% stake in Ampere — Oracle-backed server processor startup Ampere Computing said Monday that it plans to go public, filing initial confidential paperwork with the SEC.| Bhanvi Satija / Reuters: |
Report: TikTok's ad revenue is projected to triple in 2022 to $11B+, surpassing Twitter and Snapchat combined, which are expected to generate $5.58B and $4.86B — Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales … | Amanda Silberling / TechCrunch: |
Over 14,000 Etsy sellers start a week-long strike over an increase in transaction fees from 5% to 6.5%, grievances with Etsy's Offsite Ads program, and more — If you're in the market for funky trinkets and unique, handmade clothing, you might want to put off your shopping until next week.| Omar Abdel-Baqui / Wall Street Journal: |
Elon Musk appears to have deleted some tweets critical of Twitter and its leadership; Musk liked a tweet saying he was “told to play nice and not speak freely” — Elon Musk appears to have deleted some tweets taking aim at Twitter Inc. amid his decision not to join the social-media company's board of directors.| Axios: |
| Laura Landro / Wall Street Journal: |
How hospitals are adopting AI-driven predictive models to help identify and prioritize patients in ERs and ICUs who are most at risk — An algorithm may hold the key to saving your life in the emergency room. Hospitals are making a bet that artificial intelligence can help identify … | New York Times: |
In the absence of federal crypto regulations in the US, lobbyists and executives are helping to draft and pass favorable bills at state level — In the absence of federal regulations, crypto lobbyists and executives are going state by state to get favorable rules enacted. Many lawmakers have been willing partners.| Reuters: |
Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation — Epic Games said on Monday it had raised $2 billion from Sony Group Corp (6758.T) and the family owned holding company behind the Lego Group, giving the “Fortnite” maker a valuation of $31.5 billion.| Olga Kharif / Bloomberg: |
NFT project Pudgy Penguins, once highly successful, is attempting a comeback after being acquired for 750 ETH; NonFungible says trading peaked at $13.6M/day — Pudgy Penguins, a once hugely successful NFT project that got blown off course by drama that included the ousting of its founders, is attempting a comeback.| Wall Street Journal: |
Okta, IBM, and other companies are increasingly setting aside college degree requirements for US job applicants, opening up tech jobs to a range of new talent — The pandemic has helped catapult Americans in low-paying roles into more upwardly mobile careers| Coco Feng / South China Morning Post: |
Sources: Meituan plans to lay off ~10%-20% of staff from its core business units after announcing that it added a net 17K jobs from July 2021 to mid-March 2022 — Up to 20 per cent of Meituan's staff in core business units, including food and grocery deliveries have been affected The lay-offs come … | Taylor Hatmaker / TechCrunch: |
Meta has sent ~90 subpoenas related to the FTC's antitrust case to companies including Dispo, which says the requests are “overbroad, vexatious, and harassing” — On a quest to show the FTC that it isn't a monopoly, Meta flooded a wide swath of major tech companies with subpoenas last month.| Maria Chutchian / Reuters: |
Cloud services provider Sungard files for bankruptcy with $424M in secured debt, its second bankruptcy filing in three years — (Reuters) - Technology company Sungard Availability Services returned to bankruptcy on Monday about three years after wrapping up its prior Chapter 11 case.
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| Zheping Huang / Bloomberg: |
| Foo Yun Chee / Reuters: |
| Reuters: |