Techmeme
May 11, 2018, 2:57 PM

Top News

Thuy Ong / The Verge:
Snap begins rolling out redesign to “majority” of iOS users that undoes some previous changes, like putting Snaps and Chats back in chronological order  —  It's currently rolling out to ‘the majority’ of iOS users  —  Snapchat says it is currently rolling out yet another redesign to its app to iOS users.
Rani Molla / Recode:
YouGov survey finds Snapchat brand's user sentiment declined 73% among US consumers aged 18-34 following redesign; satisfaction levels similarly declined  —  Their opinion of Snapchat's brand has taken a major hit.  —  Snapchat users have a much more negative view of the brand since Snap redesigned the app in January.
Alex Heath / Cheddar:
Sources: Facebook is exploring creation of its own cryptocurrency to facilitate payments among its users, but the plans will likely take years to materialize  —  Facebook is exploring the creation of its own cryptocurrency, a virtual token that would allow its billions of users around the world …
William Malcolm / The Keyword:
As part of GDPR compliance, Google updates its privacy policy for more clarity, improves controls to manage your data, adds more services under data portability  —  Last year, we outlined Google's commitment to comply with Europe's new General Data Protection Regulation (GDPR) …
Jennifer Valentino-Devries / New York Times:
Securus Technologies, service provider to law enforcement, can locate any US phone in seconds, some say without proper vetting of requests  —  Thousands of jails and prisons across the United States use a company called Securus Technologies to provide and monitor calls to inmates.
David Ruiz / Electronic Frontier Foundation:
Lawmakers introduce a bipartisan bill, The Secure Data Act, which aims to block government from mandating encryption backdoors  —  This welcome piece of legislation reflects much of what the community of encryption researchers, scientists, developers, and advocates have explained for decades …
Brandon Kochkodin / Bloomberg:
Companies like Apple, Microsoft, and Alphabet stopped mentioning overseas cash in quarterly reports after tax overhaul required them to pay tax on such holdings  —  - New law requires companies to pay taxes on money held abroad  — Other corporations also drop mention of overseas holdings
Alexis C. Madrigal / The Atlantic:
Facebook exec says company will build an API for machine-readable access to info on ads in political-ad archive, but researchers worry that may not be enough  —  Time and again, when facing criticism about Facebook's role in elections, the company's executives have promised to provide maximal transparency …
Richard Nieva / CNET:
Mark Bergen / Bloomberg:
Jeran Wittenstein / Bloomberg:
Nvidia says it earned $289M from sales of its chips to cryptocurrency miners in Q1 of 2018, but expects crypto revenue to decline by two-thirds in Q2  —  Nvidia Corp. revealed for the first time how much revenue it generated from chip sales to the cryptocurrency market — and said that figure will be much smaller in the second quarter.
More: TechSpot

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