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May 7, 2022, 12:55 PM
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| New York Times: |
Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more — Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
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Fortune, Insider, The Verge, Daily Mail, The Guardian, and Engadget
Tweets: @elonmusk, @mikeisaac, @elonmusk, @modestproposal1, @reckless, @jakeberber, @gfodor, @joshuatopolsky, @joshuatopolsky, @carnage4life, @carnage4life, @fredbenenson, @laurenshirsch, @tomcoates, @ashtonpittman, @davekarpf, @sarahfrier, @mekkaokereke, @realmeetkevin, @mgsiegler, @cbouzy, @tomcoates, @stshank, @ggreeneva, @dscigliuzzo, @bungdan, @nickwingfield, @goldman, @jrichlive, @ekp, @slpng_giants, @owenthomas, and @joshsternberg
| Financial Times: |
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based — Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer — High in a Shenzhen office tower …
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Reuters, The Register, South China Morning Post, Arm, and DCD
Tweets: @muradahmed, @therealjoshye, @niubi, and @hpc_guru
| Zachary Boddy / Windows Central: |
A major Xbox Network outage is preventing some users from launching games and starting Cloud Gaming sessions; issues related to purchases have been resolved — Xbox consoles are temporarily a lot less useful for gaming. — Update, May 7, 2022, at 8:50 a.m. CT: The Xbox Network should be working again …
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BleepingComputer, Android Police, Xbox Support, Neowin, and GameRevolution
Tweets: @xboxsupport, @xbox, @xboxsupport, @xboxsupport, and @tracker_td
| Anthony Faiola / Washington Post: |
A look at the rise of VPNs in Russia following its war in Ukraine; Apptopia: daily downloads of the top ten VPNs jumped from 15K before the war to 475K in March — A surge in virtual private network downloads is a challenge to Vladimir Putin and his version of the war
Tweets: @alfonslopeztena, @kenroth, and @kenroth
| Joe Warminsky / The Record: |
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer — The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
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U.S. Department …, Benzinga, Slashdot, BleepingComputer, CoinDesk, Wired, Inside Bitcoins, Cryptopolitan, Ethereum World News, Elliptic Blog, The Verge, PCMag, The Hill, Engadget, Cointelegraph, Decrypt, Blockworks, United States Department …, Washington Post, Crypto Briefing, and The Block
Tweets: @ustreasury, @crabbylions, @jwarminsky, @josephfcox, @ncweaver, @ericgeller, @gregotto, @w7voa, and @campuscodi
| Wall Street Journal: |
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry — Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe| Dan Mangan / CNBC: |
A California federal judge dismisses Donald Trump's lawsuit seeking to lift his ban from Twitter but may allow an amended complaint to be filed against Twitter — - A federal judge dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter.
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The Verge, Engadget, The Block, TechCrunch, TheStreet, Washington Post, Politico, Slashdot, CNN, Variety, and Tech Policy Press. Tweets: @bradheath
| Matt Burgess / Wired: |
How small, commercial drones in Ukraine are letting militias and others conduct cheap airborne surveillance and collect footage for war crimes investigations — From surveillance to search-and-rescue, consumer drones are having an unprecedented impact on Ukraine's defense against Russia.| Brenda Goh / Reuters: |
China orders internet services to tighten controls to stop under-18s from tipping live streamers or becoming live streamers themselves without guardian consent — China on Saturday ordered internet platforms to step up governance of how under-18s use their livestreaming services as part …
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Bloomberg and The Economic Times
| Cointelegraph: |
A report on publicly traded crypto mining companies finds Core Scientific leads with $545M in 2021 revenue, Riot Blockchain had $215M, and Hive Blockchain $195M — Mining firm Core Scientific's hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021. — 225 Total views| Kanishka Singh / Reuters: |
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth — The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
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U.S. Securities …, The Verge, TechSpot, XDA Developers, BleepingComputer, Ars Technica, CNN, Blockworks, Kotaku, TheGamer, CNBC, PYMNTS.com, VICE, IGN, PCWorld, GameSpot, The Register, Tom's Hardware, Crowdfund Insider, Neowin, Decrypt, TheStreet, and Trustnodes
Tweets: @firstadopter, @tomwarren, @stephentotilo, and @smdiehl
| Vauhini Vara / Wired: |
How low prices and influencers helped Chinese online fast fashion retailer Shein become the world's third biggest private company, claiming a 28% US marketshare — The Chinese company has become a fast-fashion juggernaut by appealing to budget-conscious Gen Zers. But its ultralow prices are hiding unacceptable costs.Sponsor Posts
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