| Reuters: |
Netflix Q1: revenue up 4% YoY to $8.16B, 1.8M paid net additions, vs. 2.06M est. and -0.2M in Q1 2022, and global streaming paid memberships up 5% YoY to 232.5M — Netflix Inc (NFLX.O) on Tuesday reported first-quarter revenue and earnings roughly in line with Wall Street expectations … | Sarah Krouse / Wall Street Journal: |
Netflix plans to ship its last red DVD envelopes in September 2023, after 25 years of mailing shows and movies to subscribers and paving the way for streaming — Streaming service says U.S. password-sharing crackdown is coming soon — Netflix Inc. NFLX 0.29%increase … | Jay Peters / The Verge: |
| Todd Spangler / Variety: |
| Jennifer Elias / CNBC: |
Docs: Google plans to unveil the Pixel Fold on May 10, offering a 7.6" main screen, a 5.8" outside screen, and Tensor G2, launching in June for upward of $1,700 — - Google is planning to launch its first foldable smartphone at upward of $1,700, making it the highest price-point product … | Shirin Ghaffary / Vox: |
Meta starts another round of layoffs, impacting technical teams; source: Meta will possibly layoff around 4,000 people in this round, out of the planned 10,000 — The company plans to lay off employees on Wednesday, according to sources. — Meta will conduct another mass round of layoffs on Wednesday … | Natasha Lomas / TechCrunch: |
The UK CMA opens a consultation after Google proposes letting developers use alternate payment methods for IAP and reducing its cut to settle an antitrust probe — Google has proposed letting developers offering apps through its UK Play mobile app store to have the option … | TechCrunch: |
CB Insights: global fintech funding totaled $15B in Q1, up 55% QoQ, with Egypt-based MNT-Halan becoming the only unicorn, a first since the end of 2016 — Global fintech funding totaled $15 billion in the first quarter of this year, growing 55% from the fourth quarter, according to CB Insights' latest State of Fintech report.| The Verge: |
Twitter quietly altered its hateful conduct policy to remove long-standing protections for transgender users, including prohibiting “misgendering or deadnaming” — Twitter has quietly altered its Hateful Conduct Policy to remove long-standing protections for its transgender users … | Jay Peters / The Verge: |
| Washington Post: |
Analysis: Google's C4 data set, used to train AIs like Facebook's LLaMA, includes troubling content from white supremacist site Stormfront, 4chan, and more — AI chatbots have exploded in popularity over the past four months, stunning the public with their awesome abilities … | Yang Jie / Wall Street Journal: |
Sources: TSMC is pushing back on some “unacceptable” conditions imposed by the US on chip-factory subsidies, as it seeks up to $15B in government support — With construction under way in Arizona, Taiwanese semiconductor maker calls some aid terms unacceptable| Wall Street Journal: |
Some iPhone users say Apple's policies made it hard for them to regain access to their accounts after thieves used the optional Recovery Key to lock them out — The recovery key was designed to make Apple IDs safer. Instead, these victims permanently lost family photos and other precious digital possessions.| Bloomberg: |
Sources: some US tech companies push to narrow the scope of a Senate bill aimed at a TikTok ban, worried it exposes them to future national security reviews — US tech companies are pushing to narrow the scope of legislation that could ban TikTok in the US, creating new obstacles … | Toby Sterling / Reuters: |
ASML reports Q1 revenue up 91% YoY to €6.74B and net profit up nearly 3x YoY to €1.96B, beating estimates of €6.31B and €1.62B, respectively — ASML Holding NV (ASML.AS) beat first-quarter earnings forecasts on Wednesday on continued strong demand for its chip making equipment … | Jane Lee / Reuters: |
GlobalFoundries sues IBM for allegedly sharing confidential IP and trade secrets with Rapidus, a Japanese chip company that IBM is working with on 2nm chips — Chip manufacturer GlobalFoundries Inc (GFS.O) said on Wednesday it had filed a lawsuit against International Business Machines Corp … | Natasha Lomas / TechCrunch: |
The EU establishes the European Centre for Algorithmic Transparency in Seville, Spain, to support oversight of large platforms under the Digital Services Act — Seville, Spain-based algorithmic transparency center to support enforcement of EU's Digital Services Act| Foo Yun Chee / Reuters: |
The European Union strike a provisional deal for its ~$47B Chips Act, which aims to double the bloc's share of global chip output to 20% by 2030 — The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for its semiconductor industry in an attempt to catch up with the United States … | Michael Novinson / BankInfoSecurity.com: |
Cyber risk quantification startup Safe Security raised a $50M Series B led by Sorenson Capital — Generative AI Can Help Nontechnical Executives Better Understand Security Posture — A cyber risk quantification startup backed by ex-Cisco CEO John Chambers has raised $50 million … | Wired: |
A look at Itana, a controversial startup city set to be built near Lagos in partnership with Binance and investors like Peter Thiel-backed Pronomos Capital — Nigeria's Itana partnered with Binance and the Charter Cities Institute to build a physical tech hub near Lagos, but the plan has sparked controversy.| Mark Gurman / Bloomberg: |
Sources: Apple is developing VR apps and services for its upcoming headset across gaming, fitness, live sports, and collaboration, like FaceTime and Freeform — Apple Inc. is racing to build a trove of software and services for its upcoming mixed-reality headset, seeking to win … | Financial Times: |
In a joint statement, FBI, Interpol, and 13 other law enforcement agencies say Meta's plan to expand E2EE on its platforms “blindfolds” them to child sex abuse — FBI, Interpol and UK National Crime Agency among law enforcement groups warning about tech company's plans
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| Globe and Mail: |
| Benj Edwards / Ars Technica: |
| Aisha Malik / TechCrunch: |
| Chris Matthews / MarketWatch: |
| Mike Isaac / New York Times: |
| Sarah Perez / TechCrunch: |
| Joseph Menn / Washington Post: |
| Manish Singh / TechCrunch: |
| Bailee Hill / Fox News: |