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May 5, 2023, 2:35 PM
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| Mengqi Sun / Wall Street Journal: |
New York's AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies — Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
More:
NY State Attorney General, Bloomberg, Engadget, Blockworks, CryptoSlate, Cryptonews, Cointelegraph, and CoinDesk. Tweets:
@jimmyvielkind
| Harmeet Singh Walia / Counterpoint Research: |
Smartphone shipments declined 14% YoY and 7% QoQ globally to 280.2M units in Q1 2023; Samsung declined 19%, Apple 2%, Xiaomi 22%, Oppo 10%, and Vivo 18% — - The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023.
More:
TechCrunch, IDC, Cult of Mac, Neowin, SamMobile, Wccftech, and Android Authority. Tweets:
@neiltwitz
| Aisha Malik / TechCrunch: |
Amazon expands Inspire, its in-app TikTok-like video and photo feed that lets users shop from content created by influencers and brands, to all US customers — Amazon's in-app TikTok-like shopping feed is now available to all customers in the United States, according to the company's website.| Wall Street Journal: |
Sources: Ant's restructuring has been held up for over a year by China reshuffling its regulatory system; the final step is a financial-holding-company license — Powerful new regulator will have to approve the fintech giant's application to become a financial-holding company| Chris Welch / The Verge: |
A review of the $250 JBL Tour Pro 2 wireless earbuds, whose case has a touchscreen for accessing earbud settings, along with extras like timers and a flashlight — The touchscreen offers quick access to earbud settings along with extras like timers and even a flashlight.
More:
USA Today, NBC News, CNET, Engadget, and Digital Trends
Tweets:
@chriswelch, @ericrennerbrown, and @lukew
| Apple: |
Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B — Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today …
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Seeking Alpha, Apple, 9to5Mac, iThinkDifferent, Bloomberg, AppleInsider, Investor's Business Daily, Six Colors, WRAL TechWire, Fortune, O'Grady's PowerPage, ComputerWeekly.com, iMore, RTÉ, MacDailyNews, BGR, Techlusive, MacRumors, Daring Fireball, MacRumors, Reuters, CNET, Wccftech, Cult of Mac, Silicon Valley Business …, MobileSyrup, Latest Blog & Updates, AppleInsider, 9to5Mac, MacStories, Livemint, Thurrott, Axios, MacDailyNews, iPhone in Canada Blog, Financial Times, and Slashdot
LinkedIn:
Francisco Crane De Narvaez. Mastodon:
@daniel_rubino@newsie.social. Tweets:
@alternatejones, @adamsinger, @patrickmcgee_, @epro, @neilcybart, @lexnfx, @patrickmcgee_, @stevemoser, @inafried, @lexnfx, @mike_wuerthele, @neilcybart, @rjonesy, @neilcybart, @thetranscript_, @rsgnl, @patrickmcgee_, @neilcybart, @dougboneparth, @neilcybart, @lexnfx, @sarthakgh, @munster_gene, @levynews, @lexnfx, @brandonbutch, and @patrickmcgee_
| Kif Leswing / CNBC: |
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Mastodon:
@micromobility_dad … and @asymco@mastodon.social
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@rebeccajarvis, @tculpan, @vadimyuryev, @jkaonline, and @gerberkawasaki
| Todd Spangler / Variety: |
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@thesullivan, @howardlindzon, @xpangler, @gartenberg, @lexnfx, @neilcybart, @divestech, @patrickmcgee_, @patrickmcgee_, and @dividendgrowth
| Yifan Yu / Nikkei Asia: |
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Computerworld, Moneycontrol, CNBC, Supercharged, Bloomberg, and AppleInsider
Tweets:
@neilcybart, @neilcybart, @stockmktnewz, and @patrickmcgee_
| Eric Berger / Ars Technica: |
Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, to rival SpaceX's Starlink in the EU — The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major …
More:
The Register, Airbus, PCMag, TechSpot, Gizmodo, and DatacenterDynamics
| Bloomberg: |
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open-source AI will outcompete Google and OpenAI — A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge …
Source:
SemiAnalysis. More:
Simon Willison's Weblog, Metaverse Post, SiliconANGLE, Gizmodo, John Battelle's Search Blog, Insider, Beyond Search, Cointelegraph, The New Stack, Fortune, Dexerto, CoinGape, The Information, and Tao of Mac
LinkedIn:
Ivan Lee. Tweets:
@simonw, @sashamtl, @daveyalba, @adamkovac, @random_walker, @wolfejosh, @davetroy, @scottadamssays, @scobleizer, @bengoertzel, @ralph_grabowski, @counternotions, @t0nyyates, @sergeykarayev, @alexgdimakis, @goldman, @mont_jiang, @mobileraj, @hosseeb, @loomdart, @steipete, @jelleprins, @emostaque, @nathanbenaich, @eladgil, and @adcock_brett
| Alex Konrad / Forbes: |
A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake — The world's most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1.
More:
Pandaily. Tweets:
@jacobhelberg, @chrisfralic, @pstasiatech, @alexrkonrad, @alexrkonrad, @alexrkonrad, and @alexrkonrad. Thanks:@alexrkonrad
| Joseph Menn / Washington Post: |
A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators — The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined| Catherine Shu / TechCrunch: |
Jakarta-based Praktis, which sells end-to-end supply chain software to direct-to-consumer brands and suppliers, raised a $20M Series A led by East Ventures — Small to medium-sized enterprises contribute 60% of Indonesia's gross domestic product. But companies in the D2C space still struggle to compete against bigger brands.
More:
Tech in Asia
| Brian Fung / CNN: |
New York's MTA resumes posting automated transit alerts to Twitter after the platform backtracked on a plan to charge public service accounts for API access — New York's Metropolitan Transportation Authority said it would resume posting automated transit alerts to Twitter on Thursday …
More:
Gizmodo, Engadget, New York Post, Associated Press, apps.cio.ny.gov, and Bloomberg
| Adam Morgan McCarthy / The Block: |
Dune: Ethereum's median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again — - Average transaction fees on the Ethereum network reached highs last seen in May 2022 this week.
More:
Cryptopolitan, MakeUseOf, CoinDesk, CryptoPotato, Ethereum World News, NewsBTC, and DL News. Tweets:
@crypt0411
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@sayter, @amir, @rmac18, @alexeheath, @rmac18, @donie, @stevemoser, @ankareuel, @rob_weissman, @nickadobos, @civilrightsorg, @beauwoods, @alondra, @finmoorhouse, @sebkrier, @rowancheung, @adamthierer, and @pegobry
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