Techmeme
March 20, 2020, 12:10 AM

Top News

Financial Times:
EU calls on streaming services such as Netflix and YouTube to limit broadband use and offer programs only in standard, rather than high, definition  —  Brussels tells streaming companies to limit services as Facebook says managing traffic is a “challenge”  —  The EU has called on streaming services …
Reuters:
Netflix says it will reduce its bit rates across all its streams in Europe for 30 days, in effect cutting traffic on its European networks by 25%  —  Netflix said on Thursday it would reduce its bit rates across all its streams in Europe, in effect cutting traffic on its European networks …
Emil Protalinski / VentureBeat:
Microsoft says Teams passed 44M DAUs, up from 32M earlier this month, unveils new features like real-time noise suppression that are coming later this year  —  Microsoft Teams, which launched worldwide in March 2017, passed 32 million daily active users (DAUs) this month.
Nick Statt / The Verge:
Microsoft unveils DirectX 12 Ultimate, which promises to better unify the features and capabilities of PC gaming and the Xbox platform, coming later this year  —  Bringing a suite of software advancements in gaming graphics onto a single platform  —  Microsoft has a new version …
Reed Albergotti / Washington Post:
Court filing: Anthony Levandowski, ex-Uber self-driving head, pleads guilty to trade secrets theft from Google in exchange for 32 other charges being dropped  —  The guilty plea, which could lead to a prison sentence, is the latest twist in a years-long saga of conflict and courtroom drama
Patrick Shanley / Hollywood Reporter:
GDC announces a new San Francisco event, GDC Summer, from August 4-6 after initially postponing the March event  —  The three-day event will be held at San Francisco's Moscone Center from August 4-6.  —  Informa Tech, the organizer of the annual Game Developers Conference in San Francisco …
Josh Constine / TechCrunch:
Facebook starts rolling out its sweeping desktop redesign, which offers dark mode, tabbed home screen, larger fonts, and a cleaner profile, to all users  —  Facebook today officially rolled out its sweeping desktop redesign that offers dark mode, tabbed homescreen, and a cleaner profile.
Stefan Seltz-Axmacher / Starsky Robotics 10–4 Labs:
Self-driving truck startup Starsky Robotics is shutting down; CEO cites “unmet promise of AI” and says investors rejected the operator business model  —  In 2015, I got obsessed with the idea of driverless trucks and started Starsky Robotics.  In 2016, we became …
Ingrid Lunden / TechCrunch:
Uber says ride volume is down by ~70% in cities like Seattle, it has “ample liquidity” with $10B in cash, and is considering delivering medicine; stock up 35%+  —  Uber — the on-demand transportation and food delivery behemoth — has been hit hard by the novel coronavirus pandemic.
Alex Hern / The Guardian:
Twitter broadens its definition of harm to address content with deceptive language around COVID-19, including “denial of established scientific facts”  —  Site changes rules to ban content aimed at making people act against official advice  —  Twitter will remove tweets that run …
Torsten Ingvaldsen / HYPEBEAST:
Report: total streams for Spotify's top 200 most-streamed songs fell 23% in Italy from March 3 to March 17; US, UK, France, Spain markets have also decreased  —  Data from Spotify may suggest that widespread self-isolation is to blame.  —  Olly Curtis/Getty Images
Bloomberg:
Sources: SoftBank is seeking to raise an additional $10B so its ~$100B first Vision Fund can support portfolio companies battered amid the coronavirus pandemic  —  SoftBank Group Corp. is seeking to raise an additional $10 billion so its first Vision Fund can support portfolio companies battered amid …
Ari Levy / CNBC:
Alphabet, Amazon, Apple, Facebook, and Microsoft have lost a combined $1.3T in value since the market peak on Feb. 19; Facebook led the decline, dropping ~30%  —  - Apple, Microsoft, Amazon, Alphabet and Facebook have lost a combined $1.3 in value since the market peaked on Feb. 19.

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