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April 26, 2023, 5:30 PM
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WeSmirchTop News
| Competition and Markets Authority: |
The UK CMA blocks Microsoft's $68.7B Activision acquisition, citing competition and innovation concerns in the UK cloud gaming market; Microsoft plans to appeal — The CMA has prevented Microsoft's proposed purchase of Activision over concerns the deal would alter the future …
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Bloomberg, The Verge, Activision Blizzard King, BBC, GOV.UK, CNBC, New York Post, Disconnect, New York Times, Financial Times, Bloomberg, GamesIndustry.biz, The Guardian, Ars Technica, Windows Central, MacRumors, Wall Street Journal, Reuters, ZDNet, Fortune, HotHardware, Eurogamer.net, Axios, New York Times, Livemint, Financial Times, PCWorld, Video Games Chronicle, GameSpot, Inside Bitcoins, SiliconANGLE, GamesIndustry.biz, Wired, Variety, ExtremeTech, TweakTown, TechPowerUp, City A.M., Associated Press, The Hill, SlashGear, Forbes, PCMag, American Economic …, Watcher Guru, Coinspeaker, The Guardian, iPhone in Canada Blog, Game Developer, Los Angeles Times, TrueAchievements, KitGuru, TechRadar, Push Square, OnMSFT.com, DatacenterDynamics, Tech Startups, 9to5Google, MobileSyrup, Wccftech, TechSpot, The Register, gHacks Technology News, Gameranx, Digital Trends, Dot Esports, AppleInsider, CNN, Press Start, TNW, VentureBeat, Gizchina, GeekWire, Insider, GamingBolt, WinBuzzer, Appuals.com, Rock, Paper, Shotgun, Polygon, Neowin, Engadget, The Information, Techaeris, Silicon Republic, Pocket Gamer.biz, Computerworld, IGN, Thurrott, Dow Jones Newswires, PC Gamer, BigTechWire, Associated Press, Gizmodo Australia, Android Authority, Destructoid, BGR, Gizmodo, Neowin, UKTN, Club386, Kotaku Australia, Gamereactor UK, Pure Xbox, Dexerto, Deadline, MCV/DEVELOP, TechCrunch, Twinfinite, GLITCHED, and Nintendo World Report Updates
LinkedIn:
Antony Adler. Tweets:
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| Meta: |
Meta reports Q1 revenue up 3% YoY to $28.6B, net income down 24% YoY to $5.7B, and family daily active people up 5% YoY to 3.02B for March 2023; META jumps 10%+ — “We had a good quarter and our community continues to grow,” said Mark Zuckerberg, Meta founder and CEO.
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@richlightshed, @jason_kint, @robertjbateman, @tanayj, @mikeisaac, @jason_kint, @sarafischer, @lexnfx, @swiftstories, @mikeisaac, @swiftstories, @lexnfx, @eric_seufert, @eric_seufert, @jason_kint, @stockmarketnerd, @stockmarketnerd, @altcap, @scobleizer, @jduballreports, @mikeisaac, @divestech, @emmonspired, @lexnfx, @lexnfx, @gugo907, @epro, @lexnfx, @richlightshed, @rihardjarc, @thetranscript_, @stockmktnewz, @patrickmcgee_, @supbagholder, and @rihardjarc
| Jonathan Vanian / CNBC: |
Meta's Reality Labs division reports Q1 revenue of $339M, down from $695M YoY, and operating loss of $3.99B, up from a $2.96B loss YoY — - Meta's Reality Labs unit had a $3.99 billion operating loss in the first quarter, after losing $13.72 billion last calendar year.| Victoria Song / The Verge: |
Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team — Amazon has decided to shutter its health-focused Halo division, The Verge has learned. Amazon has stopped selling its three Halo products …
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About Amazon, Engadget, SiliconANGLE, GeekWire, The Information, PCMag, Reuters, TechCrunch, TechRadar, Android Central, AFTVnews, and CNBC
| Brian Fung / CNN: |
US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teens' accounts — A new federal bill unveiled Wednesday would establish a national minimum age for social media use and require tech companies … | New York Times: |
A look at the mounting US legal pressure on Binance: the DOJ's money laundering division leading a criminal investigation, CZ hiring Latham & Watkins, and more — The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.
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Decrypt, Bloomberg, PYMNTS.com, Coinspeaker, and CryptoSlate
Tweets:
@flitteronfraud, @molly0xfff, @smdiehl, @silvermanjacob, and @bitfinexed
| Yueqi Yang / Bloomberg: |
| Tom Warren / The Verge: |
Some users say Microsoft Edge sends URLs of visited pages to the Bing API website; a developer says Edge's creator follow option, on by default, may be to blame — Microsoft's Edge browser appears to be sending URLs you visit to its Bing API website. … Microsoft tells The Verge it's investigating the reports.| Angus Loten / Wall Street Journal: |
PricewaterhouseCoopers plans to invest $1B in generative AI over the next three years, working with Microsoft and OpenAI to automate some of its US operations — Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI's language model, training staff in AI capabilities
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PwC, VentureBeat, Unite.AI, SiliconANGLE, Forbes, and BigTechWire
Tweets:
@gdb, @angusdav, @stshank, and @jeremydaltonxr
| Theo Wayt / The Information: |
Sources: Andy Jassy picks 14-year Amazon veteran Eric Rimling as his technical adviser, a coveted two-year position; Jassy was Bezos' adviser in the early 2000s — Amazon CEO Andy Jassy has picked Eric Rimling, a 14-year veteran of the company's fulfillment operation, as his new technical adviser … | Allison Johnson / The Verge: |
Lenovo announces the $699 Lenovo ThinkPhone by Motorola, with ThinkPad-compatible productivity features, available to enterprises now and unlocked on April 28 — The Lenovo ThinkPhone by Motorola is available in the US starting today for $699, offering a suite of productivity features designed to work with ThinkPad laptops.| Todd Spangler / Variety: |
Roku reports Q1 revenue up 1% YoY to $741M, platform revenue down 1% YoY to $635M, streaming hours up 20% YoY to 25.1B, and active accounts up 17% YoY to 71.6M — Users streamed a record high of 3.9 hours per active account per day during the quarter, company says| Yaling Jiang / Wired: |
Experts say that China's mostly government-led metaverse efforts are more about supporting the economy, health care, and industry than about consumer services — The government wants the metaverse to be less about having fun and shopping and more about health care and industry.| Damilare Dosunmu / Rest of World: |
A look at the crypto hype waning in Africa, as consumer trust fades, regulators push back, startups shutter, and Web3 workers reconsider their careers after FTX — Trust is fading, startups are shutting down, and Web3 workers are reconsidering their career choices. — • LAGOS, NIGERIA
More:
WeeTracker and The Overspill
| Nilay Patel / The Verge: |
Q&A with Lightspark CEO David Marcus on the current crypto winter, Lightning as a Layer 2 protocol, raising ~$175M, Libra, Nostr, Bitcoin, regulations, and more — Crypto has a lot of haters these days. The former Facebook exec is trying to prove them wrong with his Bitcoin startup.| Yuvraj Malik / Reuters: |
eBay reports Q1 revenue up 1% to $2.51B, vs. $2.48B est., gross merchandise volume down 5% YoY to $18.4B, and a Q2 revenue guidance above estimates — Ecommerce firm eBay Inc (EBAY.O) forecast second-quarter revenue above Wall Street estimates on Wednesday, on hopes that it would attract shoppers …
More:
Bloomberg, MarketWatch, and eBay Inc.
| Aisyah Llewellyn / Rest of World: |
TikTok Shop is thriving in Indonesia, TikTok's second-biggest market with an estimated 110M users; Data.ai: Shop Seller has had ~5.5M downloads in the country — TikTok Shop, the controversial app's ambitious next phase, has caught fire in Indonesia. “This is truly the year of TikTok,” says one seller.| Christine Hall / TechCrunch: |
Mexico-based Clara, which sells corporate spend management tools in Latin America, raised a $60M Series B+ led by GGV, after a $70M Series B in December 2021 — Clara, a Mexico-based spend management company, closed on $60 million in equity in a round led by GGV Capital.| New York Times: |
The US Commerce Department outlines plans to fund next-generation chips via its new National Semiconductor Technology Center; the CHIPS Act devoted $11B to R&D — The Biden administration announced its strategy for the National Semiconductor Technology Center, a string of facilities aimed at propelling U.S. innovation.| Josh Eidelson / Bloomberg: |
YouTube Music contractors from Cognizant vote to unionize with the Alphabet Workers Union; Alphabet is appealing a ruling that Google is their joint employer — The majority of a group of YouTube contract staff in Texas have voted to unionize in a labor victory that could force parent company Alphabet Inc … | Madeline Ashby / Wired: |
How Andy Warhol Foundation v. Goldsmith, a fair use case before SCOTUS, could impact how copyright law is applied to what AI tools can do with human-made works — The US Supreme Court's upcoming decision could shift the interpretation of fair use law—and all the people, and tools, that turn to it for protection.
Tweets:
@immalgonquin, @touradjebrahimi, @marcusfernandez, @eff, @dcnorg, and @bruceqburke
Sponsor Posts
Niantic Spatial:
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World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
ETL tool evaluation checklist: 6 things to look for before you choose — Your data is only as valuable as your ability to move, prepare, and access it efficiently. Choosing the wrong ETL tool can lead to months of rework …
IDrive:
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Anuma:
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.
The Private AI That Remembers — Anuma is the all-in-one AI platform with private, portable memory. Chat, text, create, build, and solve across every model.Featured Podcasts
Cheeky Pint:
What comes after smartphones, with Snap CEO Evan Spiegel
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Lenny's Podcast:
Snapchat CEO: Why distribution has become the most important moat | Evan Spiegel
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Apple After Tim Cook, OpenAI's New Mojo, Meta's Internal Tracking Escapade
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Hard Fork:
Tim Cook's Legacy + The Future of U.B.I. With Andrew Yang + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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