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May 4, 2022, 4:30 PM
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| Stephen Totilo / Axios: |
NYC employees' pension funds sue Activision Blizzard, alleging CEO Bobby Kotick rushed the Microsoft deal to escape liability for misconduct at his company — Activision CEO Bobby Kotick rushed to secure a takeover bid from Microsoft in order to escape liability for misconduct at the company …
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Ars Technica, TheStreet, GamesIndustry.biz, Game Developer, Engadget, Protocol, Windows Central, MobileSyrup, Dexerto, IGN, Video Games Chronicle, Kotaku, GameSpot, Polygon, Digital Trends, TheGamer, Dot Esports, Twinfinite, and OnMSFT.com
Tweets: @stephentotilo, @nickstatt, @hoeglaw, and @drwallkick
| Chris Welch / The Verge: |
Sources: Sonos to launch a voice assistant for music playback in the US on June 1, with support for Apple Music, Amazon Music, Pandora, Deezer, and Sonos Radio — Sonos will roll out its most important service yet on June 1st — Sonos is preparing to introduce its own voice assistant service within … | Jessica Bursztynsky / CNBC: |
Uber Q1: revenue up 136% YoY to $6.85B, a $5.9B net loss due to equity investments, gross bookings up 35% to $26.4B, and mobility revenue beat delivery revenue — - Uber reported first-quarter earnings before the bell Wednesday. — Mobility revenues have finally surpassed delivery revenues, as travel rebounds.
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Uber, Bloomberg, Financial Times, Wall Street Journal, PYMNTS.com, Engadget, Gizmodo, TechCrunch, Coinspeaker, Bloomberg, Financial Times, Benzinga, and MarketWatch
Tweets: @dee_bosa and @stevekovach
| Kyle Alspach / Protocol: |
GitHub plans to require two-factor authentication for developers who contribute code by the end of 2023; ~16.5% of active GitHub users currently use 2FA — GitHub announced that it will require developers who contribute code to the repository to use two-factor authentication by the end of 2023 …
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The GitHub Blog, TechCrunch, Thurrott, VentureBeat, The Record, InfoWorld, BleepingComputer, CSO, ZDNet, TechRepublic, The Verge, and Developer Tech News. Tweets: @stshank
| Greg Iacurci / CNBC: |
Intuit will pay $141M in restitution to ~4.4M US customers who were charged for using the TurboTax Free Edition, in a settlement with all 50 states and DC — - Intuit, which owns TurboTax, has agreed to pay $141 million in restitution to 4.4 million low-income customers who were charged …
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NY State Attorney General, Reuters, Intuit, PCMag, ProPublica, Associated Press, Protocol, Axios, Forbes, Texas Attorney General, Bloomberg, CNN, and Substack
Tweets: @stevenbeynon, @gregiacurci, @newyorkstateag, @newjerseyoag, @paattorneygen, @agowa, and @kyoag
| Benjamin Pimentel / Protocol: |
Gov. Newsom signs an EO seeking to make a “transparent regulatory and business environment” for Web3 companies, directing state agencies to recommend next steps — California, home to crypto powerhouses like Coinbase and Ripple, is taking Web3 more seriously.
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California Governor, CNBC, Decrypt, CoinDesk, Cointelegraph, and Bitcoin Magazine
Tweets: @cagovernor, @iancalderon, @lindapjones, @gladstein, @govpressoffice, @sbf_ftx, @milesjennings, @crypto_council, @ronconway, and @snowjake
| Nilay Patel / The Verge: |
A Q&A with Tony Fadell on his new book, Google's “culture of perks”, why he says “fuck the metaverse”, creating and selling the iPod, iPhone, and Nest, and more — Tony Fadell was instrumental in the development of the iPod and iPhone at Apple and then co-founded Nest Labs …
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MacRumors, Apple Books, Wired, Fast Company, iPhone in Canada Blog, Insider, and Protocol
Tweets: @tfadell, @stevemoser, @mhbergen, @tfadell, @stevemoser, @tfadell, @jp2e, @tfadell, @fixthekerning, @tfadell, @chrismckillop, @tfadell, and @moskowitz
| Sarah Perez / TechCrunch: |
TikTok will launch Pulse, its first ad product with a revenue share program, in the US in June 2022, for eligible creators and publishers with 100K+ followers — TikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands' content next to the best videos on TikTok.
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TikTok, 9to5Mac, The Verge, Protocol, Variety, Tubefilter, and Ad Age
Tweets: @glenngabe and @asilbwrites
| Tomio Geron / Protocol: |
Robinhood launches Stock Lending, which gives customers the option to let Robinhood lend out any fully paid stocks in their portfolio for extra income — Small investors will be able to lend out stocks that they own on Robinhood through a new service at the upstart brokerage.
More:
Under the Hood, PYMNTS.com, and Bloomberg
Tweets: @tbohen, @mampillyguru, @chrismessina, and @caseynewton
| Paul Vigna / Wall Street Journal: |
NonFungible: NFT sales fell 92% to a ~19K daily average this week from a ~225K peak in September 2021; active wallets fell 88% to ~14K from a November 2021 high — Is this the beginning of the end of NFTs? — 1x — The NFT market is collapsing. — The sale of nonfungible tokens …
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Cointelegraph, VentureBeat, Video Games Chronicle, Forbes, TechSpot, Inside Bitcoins, Kotaku, Crypto Briefing, GeekWire, TheGamer, Newslit Daily, Telecoms.com, Music Ally, Apptopia Blog, The Future According to JPEGs, PYMNTS.com, Adweek, Metaversal, Forbes, Quartz, and Axios
Tweets: @srussolillo, @jessefelder, @jfahmy, @robrousseau, @bigblackjacobin, @drmistercody, @punk9059, @r0wdy_, @silvermanjacob, @ashrust, @timbray, @cdixon, @truefactsstated, @peterwsinger, and @mims
| Ingrid Lunden / TechCrunch: |
Stripe launches Financial Connections to let customers pull their users' banking data directly, debuting first in the US, costing 10 cents to $1.50 per API call — Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO …
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PYMNTS.com
| Kyle Wiggers / TechCrunch: |
Mosyle, which offers a mobile device management system for Apple devices, raises a $196M Series B led by Insight Partners, bringing its total funding to $248.1M — Moysle, a mobile device management platform for Apple devices, today announced that it raised $196 million in a Series B funding round led …
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9to5Mac, CRN, VentureBeat, Computerworld, and Crunchbase News
| Eva Mathews / Reuters: |
Dish says it is rolling out its standalone 5G service in Las Vegas, months after its expected September 2021 launch, and plans to reach 120 markets by June — Dish Network Corp (DISH.O) launched its 5G service to consumers in Las Vegas on Wednesday after several months of delays …
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CNET, Mobile World Live, ZDNet, and Digital Trends
| Kyle Wiggers / TechCrunch: |
Tailscale, which offers an enterprise mesh VPN service on the open-source WireGuard protocol, raises a $100M Series B at a $1B+ valuation led by CRV and Insight — Zero trust security is an emerging paradigm in enterprise IT. It means that no one is trusted by default from inside or outside …
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Tailscale, FinSMEs, VentureBeat, BetaKit, and SiliconANGLE
Tweets: @accel, @kennwhite, @jillwohlner, @film_girl, @apenwarr, @__tosh, @bradfitz, and @jesserobbins
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