| Lauren Feiner / CNBC: |
In a speech on disinformation, Obama said social media firms' design choices contribute to polarization, and called for more transparency and Section 230 reform — - Former President Barack Obama criticized social media companies for contributing to polarization through design choices on their platforms.| Cecilia Kang / New York Times: |
As the EU prepares its third landmark tech law in the last few years, the US has enacted just two narrow federal tech laws in the past 25 years — Federal privacy bills, security legislation and antitrust laws to address the power of the tech giants have all failed to advance in Congress … | Ryan Browne / CNBC: |
Stripe will let companies pay users in cryptocurrency via USDC, starting with Twitter, which will pay some Ticketed Spaces and Super Follows creators in crypto — - Online payments firm Stripe says it will start offering merchants the ability to pay their users in cryptocurrency through the stablecoin USDC.| Joe Flint / Wall Street Journal: |
Sources: after churning out 500+ original programs last year, Netflix is looking to add fewer new titles and focus more on quality, while reining in spending — Streaming service spent lavishly on productions to win subscribers, but now growth has slowed — For Netflix Inc., NFLX -3.47% ▼ the era of carefree spending is over.| Patrick Howell O'Neill / MIT Technology Review: |
Mandiant: one-third of all hacker groups exploiting zero-days in 2021 were financially motivated criminals as opposed to government-backed cyberespionage groups — The most valuable hacking tools were once the domain of governments. Not anymore. — Organized cybercriminals with money … | Reuters: |
Investigation details Binance's efforts to build ties with the Russian government, including handing over data on opposition leader Alexei Navalny in April 2021 — In April 2021, Russia's financial intelligence unit met in Moscow with the regional head of Binance, the world's largest crypto exchange.| Frank Chaparro / The Block: |
Andreessen Horowitz launches a16z Crypto Research, a lab focused on Web3 breakthroughs that can contribute to deployable code, led by academic Tim Roughgarden — Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated … | Nikhilesh De / CoinDesk: |
The US OCC says Anchorage Digital, the first US chartered digital asset bank, failed to adopt a BSA/AML compliance program and has “begun corrective action” — The company must appoint a compliance committee and hire a Bank Secrecy Act officer.| Damien Wilde / 9to5Google: |
Google plans to effectively block third-party call recording apps from the Play Store on May 11 after placing further restrictions to its Accessibility API — A new Google Play Store policy coming into force is set to block third-party call recording apps from the online storefront from May 11.| Ian King / Bloomberg: |
Sources: SoftBank expects to retain a controlling stake in Arm and sell a smaller portion of shares than originally expected in Arm's planned IPO — SoftBank Group Corp. expects to retain a controlling stake in Arm Ltd. after the planned initial public offering of the chip business … | BBC: |
The UK's Department for Transport outlines rules for self-driving vehicles, including letting drivers watch TV on the go, ahead of a full framework in 2025 — People using self-driving cars will be allowed to watch television on built-in screens under proposed updates to the Highway Code.| Lauren Feiner / CNBC: |
A group of 18 House Republicans asks Twitter's board to preserve all records related to Musk's bid, setting up a potential probe if GOP wins back the majority — - A group of House Republicans is asking Twitter's board to preserve all records related to Elon Musk's offer to buy the company.| Annie Palmer / CNBC: |
| Kif Leswing / CNBC: |
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M — - Snap missed Wall Street expectations for profit and sales when it reported first-quarter results on Thursday after the bell.| Viola Zhou / Rest of World: |
A look at Douban, a Reddit-like social network that China has targeted in its crackdowns; Douban was fined $1.65M in 2021 and has shut down popular forums — Douban's tight-knit communities have finally made it a target of Beijing's tech crackdown. — • HONG KONG| Rebecca Torrence / Fierce Healthcare: |
Levels, whose software pairs glucose monitors to its app to give users insights and track their metabolic health, raises a $38M Series A at a $300M valuation — A16z-backed startup Levels has landed $38 million in series A funding for its metabolic health software, the company announced Wednesday.| Sarah Perez / TechCrunch: |
Twitter tests suggesting third-party apps in its Twitter Toolbox, including Block Party, Bodyguard, and Moderate, when select users block or mute in its web app — Company will third-party apps directly on Twitter itself — Twitter has a novel idea as to how to win back developer trust … | Suman Bhattacharyya / Wall Street Journal: |
CompTIA: US employers posted 1.1M tech jobs in Q1, up 43% YoY; Mondo: average salaries rose 25% for cloud architects and 11% for engineers from 2020 to 2022 — Many technology workers are commanding compensation increases of 20% or more, corporate tech chiefs say| Kyle Wiggers / TechCrunch: |
Jarvis ML, which offers an AI-powered personalization engine for brands to engage customers and boost sales, raises a $16M seed led by Dell Technologies Capital — Jarvis ML, a platform offering an AI-powered personalization engine to brands selling products, services and experiences … | New York Times: |
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals — The new corporate owners of CNN are moving to end the new streaming service after a splashy debut. — In the end, CNN+ lasted less than a month.| Nina Zdinjak / Benzinga: |
Treez, a cloud commerce platform that powers retail and supply chain operations for the cannabis market, raises a $51M Series C at a $260M+ valuation — Seed-to-sale and cannabis retail software platform Treez completed a $51 million Series C funding at a valuation in excess of $260 million.| Oliver Knight / CoinDesk: |
Research: blockchain game startups raised $2.5B in Q1 2022, up 150% YoY; blockchain gaming accounted for 52% of all blockchain activity in March, up 2,000% YoY — Usage and investments across the blockchain-gaming sector increased in the first quarter to make up 52% of all blockchain activity.
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| Jon Porter / The Verge: |
| Stephanie Bodoni / Bloomberg: |
| Ryan Weeks / The Block: |