| Wall Street Journal: |
Cambridge Analytica is shutting down, says founder of its British affiliate, following the Facebook data misuse scandal — Company had lost multiple clients in recent months — Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign … | Spotify Investor Relations: |
Spotify reports first ever financial results 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.| Anita Balakrishnan / CNBC: |
Spotify reports 75M paid subscribers in Q1, slightly below analyst expectations, but beats expectations with 99M ad-supported MAUs; stock down 7%+ — - The company posted a total user base of 170 million, with 75 million paid subscribers, in line with expectations.| Lucas Matney / TechCrunch: |
Facebook shows how it uses billions of public Instagram photos, annotated by users with hashtags, to help train its AI-based image recognition models — In the race to continue building more sophisticated AI deep learning models, Facebook has a secret weapon: billions of images on Instagram .| Jerome Pesenti / Facebook Code: |
Summary of Facebook's AI-related announcements at F8: PyTorch 1.0 open source framework unveiled, expansion of Open Neural Network Exchange, updates on research — Artificial intelligence has the potential to transform lives, creating new digital experiences while safeguarding our existing online interactions.| Paul Vigna / Wall Street Journal: |
Source: Telegram is calling off the public part of the ICO for the Telegram Open Network after raising $1.7B from 175 accredited investors via private deals — Telegram plans to put the money it raised into a new digital payment platform, Telegram Open Network, meant for a wide audience| Bloomberg: |
Sources: Google is building Arcade, a social-gaming startup led by 21yo ex-Facebook staffer Michael Sayman, which will release a trivia-style app this summer — Michael Sayman, 21-year-old ex-Facebooker, said to be leading — Company will focus on mobile gaming with friends, Google says| Sara Fischer / Axios: |
Facebook to bring outside advisers for a civil rights audit of its impact on minority groups and to investigate claims it's biased against conservative voices — To address allegations of bias, Facebook is bringing in two outside advisors — one to conduct a legal audit of its impact … | Joseph Cox / Motherboard: |
Facebook confirms it has fired one of its security engineers who allegedly used privileged access to stalk women online — After a member of the information security community provided evidence to Facebook's chief information security officer, the company has terminated a security engineer … | Zack Whittaker / ZDNet: |
Coalition representing Apple, Google, Facebook, and others criticize law enforcement backdoors in devices, after Wired profile of Ray Ozzie's key escrow idea — The tech coalition includes Apple, Facebook, Google, Microsoft, and Verizon and Yahoo's parent company Oath … | Thuy Ong / The Verge: |
Google announces investment program for early-stage startups working on Google Assistant hardware or features, similar to Amazon's Alexa Fund — Funding the Google Assistant ecosystem — Today, Google is launching a new investment program for early-stage startups working to broaden Google Assistant hardware or features.| Kara Swisher / Recode: |
Zynga founder Mark Pincus reducing his voting power in the social gaming firm from a 70% to 10% stake, will remain on board but as non-executive chairman — In an unusual move, Pincus doesn't want the final say anymore and wanted more freedom. — In an unusual move for a Silicon Valley company … | Bloomberg: |
Sources: Amazon is offering to pass along discounts it gets on credit card fees to retailers if they use its payments service Amazon Pay — Move shows retailer is willing to sacrifice to grow Amazon Pay — It's another challenge to PayPal, big banks and card networks| Check Point Research: |
North Korea's state antivirus software, SiliVaccine, contained a decade-old copy of Trend Micro's scan engine and also came bundled with the Jaku malware — Revealed: In an exclusive piece of research, Check Point Researchers have carried out a revealing investigation into North Korea's home-grown anti-virus software, SiliVaccine.| Ashley Carman / The Verge: |
LG announces G7 ThinQ with 6.1" QHD+ LCD display and notch, dual 16MP rear cameras, 3,000mAh battery, Snapdragon 845, Android Oreo, Assistant button, and more — Photography by Amelia Holowaty Krales / The Verge — After months of leaks, LG's new G7 ThinQ phone is officially here.| Wall Street Journal: |
The Pentagon is moving to halt the sales of Huawei and ZTE phones in retail outlets on US military bases around the world, citing potential security threats — Move intensifies a squeeze the Trump administration has put on the two Chinese tech firms — The Pentagon is moving to halt … | Frederic Lardinois / TechCrunch: |
Google streamlines its Maps API platform, renaming it Google Maps Platform and combining 18 APIs into three groups, Maps, Routes, and Places — Google is launching a major update to its Google Maps API platform for developers today — and it's also giving it a new name: the Google Maps Platform.| Jessica Toonkel / Reuters: |
Verizon's Oath signs distribution deal to place four of its apps, Newsroom, Yahoo Sports, Yahoo Finance, and Go90, on Samsung Galaxy S9/S9+ devices in the US — (Reuters) - Verizon Communications Inc's Oath Inc subsidiary has signed a deal to place four of its most popular apps on millions … | Sarah Perez / TechCrunch: |
Hulu says it has surpassed 20M subscribers in the US, introduces offline mode, and inks animation deal with DreamWorks — Hulu now has over 20 million U.S. subscribers - that's up from the 17 million-plus it claimed in January. The news of its subscriber growth is being delivered alongside … | Anna Hensel / VentureBeat: |
Misty Robotics, a spin-off from Sphero that raised $11.5M Series A in June 2017, announces Misty II robot, with plans to “crowdfund” through preorder sales — Misty Robotics, a spin out of BB-8 toy creator Sphero, unveiled the second generation of its robot, Misty II, today.| Ingrid Lunden / TechCrunch: |
Nokia to sell its digital health division to Eric Carreel, cofounder of Withings, which Nokia acquired for €170M in 2016; deal expected to close late Q2 2018 — Nokia's unsuccessful foray into digital health hardware and services looks like it is finally coming to an end.| Giovanni Buttarelli / European Data Protection …: |
| Alfred Ng / CNET: |
Researchers say critical infrastructure software had security flaws that could have let hackers shut down factories, power plants, and water systems remotely — Researchers discovered security flaws in two software programs used worldwide to control manufacturing sites, power plants … | Nick Statt / The Verge: |
Facebook says it's partnering with RED to develop a professional-grade VR camera, as part of its Surround 360 platform; pricing and release TBD — We don't yet know what it looks like, or how much it will cost — Facebook is partnering with camera maker RED to develop …
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| Carlos Tejada / New York Times: |