Techmeme
May 17, 2019, 10:05 AM

Top News

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.
Tom Warren / The Verge:
Microsoft announces Minecraft Earth, a real-world AR version of Minecraft, available in closed beta on iOS and Android this summer  —  Alex Kipman, Microsoft's HoloLens and Kinect creator, is always enthusiastic about the future of computing.  As he stands in front of me inside …
Financial Times:
Washington Post:
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!
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 …
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 …
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 …
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.
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 …
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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Larry Cermak / The Block:
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