| BBC: |
Microsoft's Brad Smith says the CMA blocking the Activision deal was “probably the darkest day in our four decades” in the UK and will be “bad for Britain” — Microsoft's president has attacked the UK after it was blocked from buying US gaming firm Activision … | Cecilia D'Anastasio / Bloomberg: |
The UK CMA's objection to Microsoft's Activision deal focuses on the nascent cloud gaming market, a departure from regulators focusing on mature markets — UK regulators blocked Microsoft Corp.'s $69 billion purchase of Activision Blizzard Inc. over concerns it would harm competition in cloud gaming … | Russell Brandom / Rest of World: |
Twitter has received 971 government orders globally since Musk's takeover and fully complied with 808; before Musk, Twitter's full compliance rate was ~50% — The company has not refused a single request since Musk took ownership, according to self-reported data| Ingrid Lunden / TechCrunch: |
Dropbox CEO Drew Houston says the company plans to lay off 16% of its staff, or ~500 employees, citing slowing growth and “the AI era of computing” arriving — Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs.| IDC: |
Global smartphone shipments fell 14.6% YoY to 268.6M in Q1 2023, the seventh consecutive quarter of decline; Samsung fell 18.9%, Apple 2.3%, and Xiaomi 23.5% — NEEDHAM, Mass., April 27th, 2023 - Worldwide smartphone shipments declined 14.6% year over year to 268.6 million units in the first quarter of 2023 … | Abner Li / 9to5Google: |
Google plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted — On Monday, Google Authenticator launched the ability to sync 2FA codes to your Google Account.| The Guardian: |
Interviews with 70+ sources describe how Facebook and Instagram have become major sales platforms for child trafficking and can often be slow to remove content — Our two-year investigation suggests that the tech giant Meta is struggling to prevent criminals from using its platforms to buy and sell children for sex| Reuters: |
A California judge tentatively rules Elon Musk must testify about his Autopilot statements, after Musk's lawyers argued he is a subject of many deepfake videos — A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding … | Wayne Ma / The Information: |
Sources detail how organizational dysfunction and a lack of ambition bogged down Apple's AI and ML efforts, including the work of the group responsible for Siri — Late last year, a trio of engineers who had just helped Apple modernize its search technology began working on the type … | Reuters: |
Samsung reports Q1 operating profit down 95% YoY to ~$478.6M, its lowest since 2009, revenue down 18% YoY to ~$47.6B, and a ~$3.4B loss for its chip division — Samsung Electronics Co Ltd (005930.KS) flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported … | Chris Stokel-Walker / Wired: |
Legal experts say Twitter is breaching US laws prohibiting false advertising by implying that some celebrities paid for Blue when they haven't — The law says you can't falsely claim that celebrities are paying for Twitter Blue. — Twitter's verification system debacle has had more twists … | Benjamin Mayo / 9to5Mac: |
Apple reports European MAUs for its App Stores: iOS has 101M, iPadOS has 23M, macOS has 6M, tvOS has 1M, and watchOS, Books, and Podcasts have under 1M each — In order to comply with the European Digital Services Act, Apple has been forced to reveal the number of monthly active user … | Bloomberg: |
Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China — Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts … | Bloomberg: |
A profile of ASML, the most valuable tech company in Europe, as the US-China chip war escalates; ASML's next apartment-sized machine ships in 2025 for $380M+ — In 1984, Martin van den Brink, a young Dutch engineer, joined a newly created venture in a quiet corner of the Netherlands.| Rohan Goswami / CNBC: |
SEC filing: Lyft confirms plans to lay off 1,072 staff, or ~26% of its corporate workforce, and not hire an additional 250, a week after CEO David Risher's memo — - Ride-sharing app Lyft confirmed it would lay off 1,072 employees, roughly 26% of its corporate workforce, and not hire for an additional 250 positions.| Jeffrey Knockel / The Citizen Lab: |
An analysis of Baidu, Bilibili, Bing, Douyin, Weibo, and other Chinese search platforms finds 60K censorship rules, implemented differently by each service — This report has an accompanying FAQ. — Key findings — Across eight China-accessible search platforms analyzed — Baidu … | Amanda Silberling / TechCrunch: |
Mark Zuckerberg disputes the narrative that Meta is moving its focus away from a metaverse vision and sees AI tech working in tandem with the metaverse — Things are looking up for Meta. The company beat revenue expectations, reporting an increase in year-over-year revenue for the first time in three quarters.| Darrell Etherington / TechCrunch: |
| 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.| Jonathan Vanian / CNBC: |
| Mark Matousek / The Information: |
Filing: a former employee alleges messaging startup IRL inflated its user count and retaliated against him and others for raising concerns; IRL has raised $200M — A former employee of SoftBank-backed messaging app IRL alleged in a legal filing that the company has inflated its user count … | Leah Nylen / Bloomberg: |
A federal appeals court upholds the dismissal of state AGs' suit against Meta, ruling that they waited too long to sue over Instagram and WhatsApp acquisitions — New York and other state attorneys general waited too long to sue Meta Platforms Inc. over its acquisitions of Instagram and WhatsApp … | Emily Nicolle / Bloomberg: |
London-based Standard Chartered subsidiary Zodia, which provides custody services for crypto assets, raised a $36M Series A led by Japan's SBI Holdings — Standard Chartered's spin-off crypto custodial unit Zodia Custody Ltd. closed $36 million in new funding as part of a round led by Japan's SBI Holdings …
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