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May 3, 2018, 12:30 PM
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| Peggy Sito / South China Morning Post: |
Xiaomi files for an IPO in Hong Kong; sources say the Beijing-based company is seeking to raise $10B at a valuation of $100B — Xiaomi's 2017 sales jumped by two-thirds to 114.6 billion yuan, while operating profit tripled and adjusted net profit soared from a year earlier| Monica Nickelsburg / GeekWire: |
Amazon abruptly halts construction of new office in Seattle as it escalates fight over proposed city council tax on large companies to build affordable housing — Amazon is pausing construction on a new office tower at its Seattle headquarters and may put one of its biggest future office spaces …
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The Seattle Times, Engadget, New York Times, Business Insider, Reuters, Recode, The Seattle Times, Bloomberg, Gizmodo, Business Insider Deutschland, Associated Press, CNNMoney, Baltimore Business Journal, Fast Company, The Register, Fortune, Seattle Business Journal, MacDailyNews, and South China Morning Post
Tweets: @billschrier, @seattletimes, @danpriceseattle, @byrosenberg, @cmkshama, @mattmday, @esqonfire, @gwillowwilson, and @byrosenberg
| Andrew Gebhart / CNET: |
Google Assistant now works with 5,000 smart home devices, up from 1,500 in January, and adds support for Dish Hopper, Logitech Harmony remotes, and more — With Google's developer conference right around the corner, the search giant wants you to know that its digital assistant is quite proficient at controlling the smart home.| Thuy Ong / The Verge: |
| New York Times: |
Filing shows executives at Cambridge Analytica and SCL Group, along with the Mercer family, have moved to create a new firm, Emerdata, possibly for “rebranding” — The embattled political consulting firm Cambridge Analytica announced on Wednesday that it would cease most operations … | Wall Street Journal: |
Cambridge Analytica is shutting down following the Facebook data misuse scandal, says it was losing clients and facing mounting legal fees — Company had lost multiple clients in recent months — Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign …
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MacRumors, BBC, The Verge, The Guardian, Firstpost, Politico, SlashGear, Al Jazeera English, IT Management, Business Insider, MediaNama, PYMNTS.com, Neowin, Inquirer, eWeek, The Register, Washington Post, Gizmodo, Ubergizmo, CA Commercial, Digital Trends, International Business Times, MSPoweruser, Engadget, Peter O'Kelly's Reality Check, Boing Boing, NBC News, Fast Company, Recode, Android Authority, TechSpot, NPR, NBC Bay Area, The Next Web, Vanity Fair, Forbes, The Hill, Beyond Search, BuzzFeed, CNET, CNN, MacDailyNews, Wired, Vox, The Verge, MIT Technology Review, Slate, Adweek, USA Today, CNBC, Quartz, TechCrunch, BBC, Reuters, Bloomberg, New York Magazine, Newser, Financial Times, Motherboard, VentureBeat, The Wrap, and Axios
Tweets: @kurtwagner8, @rmac18, @agschneiderman, @rubenkmajor, @ivanthek, @mollymckew, @darth, @baekdal, @timkmak, @dnvolz, @jpodhoretz, and @martinsfp
| Harry McCracken / Fast Company: |
Amazon says there are now 40K Alexa Skills, up from 25K in December and 10K in February 2017, and makes in-skill purchases generally available in the US — [Photos: Rahul Chakraborty/Unsplash; geralt/Pixabay] — Just six months after Amazon revealed the AI-infused Alexa service …
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Amazon Developer Services, TechCrunch, Digital Trends, Amazon Developer Services, VentureBeat, TechHive, GeekWire, The Verge, CNET, AFTVnews, SlashGear, and Seeking Alpha. Tweets: @rycrist. Thanks:@mariedomingo
| Abner Li / 9to5Google: |
Google says it has started rolling out Google Pay on the web, available through desktop and mobile browsers, including iOS — Since Google Pay launched as the company's unified payment solution in February, it has added a number of new features with more on the roadmap.| Todd Bishop / GeekWire: |
Microsoft announces Microsoft Audience Network, an AI-based platform for advertisers that uses data from Bing, Outlook, Skype, and others to target audiences — Microsoft, which has quietly built a $6.9 billion/year advertising business through its Bing search engine, will attempt to expand …
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Bing ads, Search Engine Land, ZDNet, and On MSFT
| Frederic Lardinois / TechCrunch: |
Google opens up Advanced Protection Program, which secures Google services via physical unlock keys, to Apple's native apps like Mail, Calendar, and Contacts — Last October, Google launched its Advanced Protection Program for users who want to ensure the highest degree of protection …
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The Keyword, VentureBeat, Engadget, and The Verge
| Wall Street Journal: |
Some of the 200+ cities Amazon rejected for its HQ2 have begun to make changes based on feedback given by Amazon during rejection phone calls — After the retail giant told cities why they didn't become finalists for its second headquarters, some started making changes
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Mashable and Fortune
Tweets: @kshitishb, @parkersewell1, @timaeppel, @greg_shill, @taylortepper, and @mims
| Laura Stevens / Wall Street Journal: |
Online survey and job postings suggest Amazon is working to predict how clothes will fit, a long-standing hurdle for online fashion retailers — The online retail giant is inviting people to New York to measure them with a 3-D body scanner — Amazon.com Inc. AMZN -.01% wants to understand … | Spencer Soper / Bloomberg: |
Amazon launches Wag, its own brand of pet products, starting with dry dog food, only available to Prime subscribers — Amazon.com Inc. has started its own brand of pet products, called Wag, expanding on existing private-label efforts that include batteries, baby products, clothing and household goods.
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PYMNTS.com and BetaNews
| Nathaniel Popper / New York Times: |
Goldman Sachs to open a Bitcoin trading operation, will begin using its own money to trade Bitcoin futures contracts on behalf of clients in the next few weeks — SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin.
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TechCrunch, SludgeFeed, Bitcoinist.com, Crowdfund Insider, CoinDesk, SiliconANGLE, Bitsonline, NewsBTC, CoinSpeaker, Bloomberg, and Business Insider
Tweets: @nytimesbusiness and @fintechfrank
| Matthew Lynley / TechCrunch: |
SoundHound raises $100M from strategic investors including Tencent, Daimler, Hyundai, and others to grow its Houndify voice AI platform — As SoundHound looks to leverage its ten-plus years of experience and data to create a voice recognition tool that companies can bake into any platform … | Connie Loizos / TechCrunch: |
Online wedding registry company Zola raises $100M Series D led by Comcast Ventures with participation from NBCUniversal and Goldman Sachs — Zola, a fast-growing company that invites newly engaged couples to register their guests, shop from 600 different brands, and create customizable checklists …
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PR Newswire, New York Times, and Lightspeed Venture Partners
| Spotify Investor Relations: |
Spotify reports first financial results after its IPO with Q1 revenue of €1.139B, up 26% YoY, on operating loss of €41M; MAUs up 30% YoY to 170M — Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2018 ending March 31, 2018.
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RAIN News, Investor's Business Daily, CNBC, Ubergizmo, MSPoweruser, Variety, The Verge, AppleInsider, AdExchanger, Wall Street Journal, TechCrunch, Engadget, VentureBeat, Recode, and Axios
Tweets: @recode, @lucas_shaw, @lucas_shaw, and @joshconstine
| Anita Balakrishnan / CNBC: |
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Cult of Mac, iDownloadBlog.com, Thurrott.com, iPhone Hacks, MacRumors, 9to5Mac, and Investor's Business Daily. Tweets: @jank0
| Natalie Gagliordi / ZDNet: |
Square Q1: non-GAAP revenue of $307M, up 51% YoY, gross payment volume of $17.8B, up 31% YoY, net loss of $24M; stock down 5%+ after hours due to low guidance — The company posted a Q1 net loss of $24 million, or six cents a share, compared to a net loss of $15.1 million, or four cents a share, a year earlier.Sponsor Posts
Google:
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Shopify:
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Access:
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A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Decoder with Nilay Patel:
Anthropic's quest to study the negative effects of AI is under pressure
A show from the Verge about big ideas - and other problems.
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Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
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Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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