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April 27, 2017, 3:30 AM
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Jon Brodkin / Ars Technica:
FCC chairman Ajit Pai outlines plan to roll back Title II net neutrality rules, plans to release full proposal on April 27 for FCC vote on May 18  —  Vote to begin net neutrality rollback scheduled for May 18.  —  The Federal Communications Commission will vote next month to start the process …
Steven Levy / Backchannel:
Interview with Jack Dorsey on Twitter's harassment problems, its focus on live video, Donald Trump, and the company's future  —  Twitter's CEO on the president, the future of the product, and the harassment problem.  —  It was only 11 years ago that Jack Dorsey first sent a message via …
Julia Boorstin / CNBC:
Twitter beats Q1 estimates with $548M revenue and 328M MAUs, up 9M QoQ and 7M more than expected, and says DAUs are up 14% YoY; stock up 7%+  —  In a surprise after several quarters of disappointing results, Twitter on Wednesday reported better-than-expected earnings and revenue.
Brian Heater / TechCrunch:
Amazon launches Echo Look, a $200 “style assistant” camera for taking selfies that works via Alexa commands and is compatible with Amazon's Style Check app  —  With the addition of a camera, Amazon's new Echo Look device can now see and hear all.
Kurt Wagner / Recode:
Instagram says it now has 700M monthly active users, adding 100M new users in just over four months  —  It took the company just four months to add 100 million new accounts.  —  Instagram is growing faster than it ever has before.  —  The photo and video app, which is owned by Facebook …
Farhad Manjoo / New York Times:
Interview with Instagram CEO Kevin Systrom on how the service reached 700M MAUs by shipping and updating products faster, future growth prospects, more
Ingrid Lunden / TechCrunch:
On-demand ride service Gett acquires rival Juno for $200M; Gett CEO Dave Waiser says company will be looking to raise more capital this year  —  The competitive landscape for transportation apps has become a little smaller today.  Gett has announced that it has acquired Juno, a rival in the New York market.
CB Insights:Gett
Andrew J. Hawkins / The Verge:
Uber updates app to make ratings of riders more visible, encouraging “better” behavior, changes UberPool so riders say why they rated drivers below five stars  —  Are you a 4.9?  —  It used to be that if you wanted to see how many stars you've racked up as an Uber rider …
Dan Primack / Axios:
Chris Sacca retires from startup investing and will stop appearing on Shark Tank; Lowercase Capital will not raise another fund  —  Chris Sacca, one of the earliest investors in companies like Uber and Twitter, today announced that he has decided to stop making investments in technology startups.
CB Insights:Lowercase Capital
Paul Sawers / VentureBeat:
Spotify acquires blockchain startup Mediachain to identify and track creative works across the internet  —  Spotify has acquired Mediachain, the New York-based startup behind an open source peer-to-peer database and protocol for registering, identifying, and tracking creative works across the internet.
George Slefo / Ad Age:
IAB: digital ad revenue grew 22% YoY to $72.5B in 2016, surpassing TV for the first time; idea that Google/Facebook ‘duopoly’ is driving ad growth is incorrect  —  Digital advertising saw $72.5 billion revenue in 2016, a 22% upswing from the previous year.
Paul Sawers / VentureBeat:
Google Maps updates its iOS and Android apps with Save Your Parking feature  —  First introduced to a beta version of the app last month, the new feature for forgetful people mixes GPS with manual data entry to ensure you arrive at the exact spot where you left your vehicle.

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From Mediagazer

Deadline:
Disney initiates a third round of layoffs under Josh D'Amaro, sources say impacting a couple hundred staff, largely in HR and tech, smaller than prior rounds

John Koblin / New York Times:
Paramount streaming chief Cindy Holland is leaving the company; she joined Skydance as an adviser and became Paramount's direct-to-consumer chief last year

Wall Street Journal:
Sources: the Trump administration used DHS funds to finance pro-Trump ads, including one that is almost identical to a 2024 Trump campaign ad, calling them PSAs

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