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May 17, 2019, 9:10 AM
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Tom Warren / The Verge:
Microsoft and Sony announce a strategic partnership to explore development of future cloud solutions in Microsoft Azure for game and content-streaming services  —  An unusual partnership  —  Microsoft and Sony are announcing an unusual partnership today, allowing the two rivals to partner on cloud-based gaming services.
Financial Times:
Rural US broadband carriers, of which about 25% reportedly use Huawei equipment, say Huawei ban will hinder rural high-speed internet rollout
Washington Post:
Trump issues order blocking US companies from doing business with information and communications technology companies owned or controlled by a foreign adversary
Theodore Schleifer / Vox:
Sources: Quora, which has 300M+ MAUs, is raising a $60M round led by Valor Equity Partners at a valuation of $2B, and told investors it had $20M in 2018 revenue  —  According to some, the financing round for the question-and-answer platform speaks to the high valuation for virtually everything these days in the tech sector.
Sean Lyngaas / CyberScoop:
DOJ says that it has indicted 10 members of the criminal network that used the GozNym malware to attempt to steal an estimated $100M from 41,000+ victims  —  Law enforcement officials from the U.S. and some European allies say they have broken up a criminal network that used banking malware …
Salvador Rodriguez / CNBC:
Sources: acceptance rates for Facebook job offers among graduates of top US schools like Stanford fell from nearly 90% in late 2016 to around 50% in early 2019  —  KEY POINTS  — Among top schools, Facebook's acceptance rate for full-time positions offered to new graduates has fallen …
Julian Chokkattu / Digital Trends:
Tests of Verizon's 5G in Chicago on the Galaxy S10 5G show download speeds of up to 1.35 Gbps, but speeds were inconsistent, though never fell below 550 Mbps  —  I'm in Chicago.  Again.  It's my second trip to the windy city in the past month, and I don't expect it to be my last.  —  Why?  5G!
Russell Brandom / The Verge:
Researchers: NYPD used edited suspects' photos and photos of celebs, when witnesses said the suspects looked like them, to generate facial recognition matches  —  In one case, a photo of the actor Woody Harrelson was used to locate a suspect  —  A new report from Georgetown Law's Center …
Dieter Bohn / The Verge:
Google to add the ability to save transcriptions in Live Transcribe and will include indicators for sounds like door knocks, dog barks, and phones ringing  —  [Clapping]  —  When Google released Live Transcribe this past February, it was a hugely important accessibility feature for people …
Catalin Cimpanu / ZDNet:
Stack Overflow says hackers breached its systems on May 11 but that there is no evidence of customer data being accessed, promises more info when probe ends  —  Stack Overflow said it detected a security breach over the weekend.  —  Stack Overflow, the internet's largest Q&A site for programming …
Chloe Taylor / CNBC:
Deliveroo announces that Amazon is leading a $575M funding round for the UK-based food delivery service, bringing total raised to $1.53B  —  KEY POINTS  — Deliveroo is a British company that allows users to order food deliveries from nearby restaurants using an app.
Lauren Feiner / CNBC:
Pinterest reports Q1 2019 revenue of $202M, up 54% YoY, net loss of $41.4M, down 21% YoY, global MAUs were up 22% YoY to 291M; stock down 16%+ after hours  —  KEY POINTS  — Pinterest shares fell 15% Thursday after the company released its first-quarter 2019 earnings report, its first report as a public company.
Josh Constine / TechCrunch:
Facebook is updating the News Feed algorithm to include data from user surveys about which links users find most worthwhile and who their closest friends are  —  Facebook is updating the News Feed ranking algorithm to incorporate data from surveys about who you say are your closest friends and which links you find most worthwhile.
Zheping Huang / Bloomberg:
Baidu reports Q1 revenue of $3.5B, up 15% YoY, and a net loss of $47.5M, its first net loss since going public in 2005; stock down 9%+ after hours  —  - Company's American depository receipts drop more than 7%  — Board authorizes new $1 billion share repurchase program

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From Mediagazer

Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

Rolling Stone:
Ex-AMI CEO David Pecker testifies about agreeing to be Trump's “eyes and ears” and how the National Enquirer used Michael Cohen's prompts to bash Trump rivals

More News

Earlier Picks

Larry Cermak / The Block:
Sources: Coinbase is in advanced talks to acquire the Bitcoin custody provider Xapo for around $50M
Dan Seifert / The Verge:
Google clarifies Works with Nest shutdown, says connections will continue to work beyond Aug. 31 until they are replicated in new Works with Assistant program
Makena Kelly / The Verge:
White House launches tool to solicit information from people who had social media accounts suspended or banned and who suspect political bias behind the actions
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