Techmeme
April 21, 2020, 11:20 PM

Top News

Manish Singh / TechCrunch:
Facebook invests $5.7B in Jio for a 9.99% stake, making it the largest minority shareholder in the subsidiary of India's most valued firm, Reliance Industries  —  Facebook has enjoyed unparalleled reach in India for more than a decade.  But as China's fast-growing ByteDance emerges …
Lucas Matney / TechCrunch:
Epic Games launches Fortnite on the Play Store, after over a year of offering it only outside the store, noting Google puts sideloaded apps at a disadvantage  —  Epic Games is finally settling its feud — kind of — with Google and putting Fornite onto the Google Play Store, but the studio sounds pretty pissed about it.
Chance Miller / 9to5Mac:
Kuo: Apple postpones iPhone SE Plus release from H1 to H2 2021, seeing a dip in demand for iPhones and production delays across the upcoming iPhone 12 models  —  Analyst Ming-Chi Kuo of TF International Securities has shared a new investor note today detailing the ongoing development of Apple's 2020 iPhone 12 models.
Lauren Feiner / CNBC:
Netflix reports Q1 revenue of $5.77B, up 27.6% YoY, vs $5.76B est., global streaming paid net additions of 15.77M, now totaling 182.86M accounts, up 22.8% YoY  —  - Netflix reported its Q1 2020 earnings after the bell on Tuesday.  — Netflix has ranked among analysts' favorite “stay at home” …
Jason Schreier / New York Times:
While gaming sales are breaking records, the coronavirus pandemic is impacting the gaming industry with delays, scope cuts, and serious production challenges  —  The coronavirus pandemic is offering mixed news and new challenges for gaming companies, both independent and corporate.
Ginny Marvin / Search Engine Land:
Google will let merchants list their products for free in Shopping search results, as part of an effort to better compete against Amazon in product search  —  After 8 years, Google will bring free listings into its Shopping results as part of an evolution to better compete against Amazon in product search.
Snap:
Snap reports in Q1 DAUs increased 20% YoY to 229M, revenue increased 44% YoY to $462M, time spent watching Discover content rose 35%+; stock up 18%+ after hours  —  Snap Inc. Announces First Quarter 2020 Financial Results Daily Active Users increased 20% year-over-year to 229 million …
Rachel Abrams / New York Times:
New York's AG says it's investigating Charter Communications' handling of COVID-19, requiring thousands to work in offices; source: 230+ workers tested positive  —  More than 230 workers at Charter Communications, the cable and internet giant known as Spectrum, have tested positive for Covid-19 …
Lawrence Abrams / BleepingComputer:
Security firm buys a database, first seen last month, with info on 267M+ mostly US Facebook users, including full names and phone numbers, for £500 on dark web  —  Threat actors are selling over 267 million Facebook profiles for £500 ($623) on dark web sites and hacker forums.
Chris Welch / The Verge:
Sonos launches Sonos Radio, a free streaming radio service preloaded in the Sonos app, with 60K+ stations from multiple partners alongside original programming  —  Sonos Radio will now be the default service available for the company's speakers  —  Sonos has always been the neutral manager …
Jeff Grubb / VentureBeat:
NPD Group: Nintendo Switch sales doubled YoY in March, while PlayStation 4 and Xbox One sales each grew +25%; March gaming hardware spending rose 63% to $461M  —  Let's say a global pandemic forces you to spend almost all of your time inside at home.  Sure, this means you have a chance to catch up on Netflix and reading.
Nick Bilton / Vanity Fair:
A look at Elliott Management and Twitter's deal, which bought Jack Dorsey time as CEO, as activist investors pinned Twitter's stagnation on his 4.5-year tenure  —  Twitter's CEO, last of the Steve Jobs-like tech-founder demigods, was on the verge of being pushed out by private-equity investors.
Taylor Lyles / The Verge:
Google says it is gradually rolling out a “Hey Google” feature that lets users adjust the listening sensitivity of Assistant devices in detecting the command  —  No, Google, I wasn't talking to you  —  Google is starting to “roll out gradually” a feature allowing …

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Tribe AI:
“Tribe AI got more done in 4 weeks than our in-house team did in a year.”  —  See why Tribe is a different kind of machine learning consultancy, built for speed, results, and impact.
Zoho:
Re-kindle the IPL enthusiasm with Zoho Calendar!  —  Hey there!  Remember seeing and subscribing to the Olympics 2020 calendar inside Zoho Calendar?  We're back again to celebrate the next big sporting event!
Mixing Board:
Build your Communications Dream Team  —  Mixing Board's community of 100+ top comms and marketing leaders can help with your story and strategy.
Modern Finance Podcast:
Modern Portfolio Construction (crypto+stocks) with Chris Hutchins
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
(Bonus) World Cup Of Entrepreneurs Part 1
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 PM ET, April 21, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Cho Mu-Hyun / ZDNet:
Apple:
Brandy Zadrozny / NBC News:
Dieter Bohn / The Verge: