| 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 … | Nikhil Pahwa / MediaNama: |
Facebook's deal with Jio is unlikely to make a dent in India's mobile payments market, where Google Pay, PhonePe, and Paytm have emerged as the big players — So it's confirmed: Facebook has bought 9.9% stake in Jio Platforms Limited, the parent company of Reliance Jio Infocomm Limited, for $5.7 billion (Rs 43,574 crore).| New York Times: |
Facebook's Jio investment may pave the way for WhatsApp to connect with Indian businesses via JioMart, Jio's small-business marketplace, for mobile shopping — It was the largest bet by the social network on the developing market, where millions of people have gone online in recent years.| Lauren Feiner / CNBC: |
Netflix reports Q1 revenue of $5.77B, up 27.6% YoY, vs $5.76B est., global paid net subscriber 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 … | 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.| Dieter Bohn / The Verge: |
iPhone SE 2020 review: good battery life but has a tired design and while the camera is good in bright light and great at video, it is noisy in low-light — A strong case against $1,000 phones — What do you look for in a new iPhone? The top of the list likely includes battery life and camera quality.| 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.| 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.| Kate Cox / Ars Technica: |
Leaked screenshots of Ring survey show Amazon is considering adding facial recognition and license plate detection tools to its home surveillance product line — Amazon wouldn't be the first consumer company to do it, but it would be the biggest. — Amazon subsidiary Ring … | Frederic Lardinois / TechCrunch: |
Vivaldi browser gets built-in options to block ads and tracking, with a blocklist powered by DuckDuckGo's Tracker Radar, and comes out of beta on Android — Vivaldi, the browser launched by former Opera CEO Jon von Tetzchner, has long positioned itself as a highly customizable alternative to Chrome and Firefox for power users.| About Facebook: |
Facebook rolls out Messenger Kids to 70+ new countries, adding features to make it easier for parents to connect kids with their friends — With schools closed and people physically distancing, parents are turning to technology more than ever to help their kids connect with friends and family.| 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 20%+ — Snap Inc. Announces First Quarter 2020 Financial Results Daily Active Users increased 20% year-over-year to 229 million … | The Daily Beast: |
Sources say Palantir's data suites are a primary contributor to HHS Protect Now, a US government tool to track the spread of coronavirus in use since April 10 — Palantir, a longtime partner of intelligence agencies, co-founded by major Trump backer Peter Thiel, is helping build “the single source for [coronavirus] testing data.”| Will Knight / Wired: |
MIT has terminated its five-year research collaboration with Chinese AI firm iFlytek, which is accused of supplying tech for surveilling Uighurs in China — Reports accuse iFlytek of selling technology to the government that's used to oppress ethnic Uighurs in China's northwest.| James Pearson / Reuters: |
Sources: Vietnamese state-telcos took Facebook's local servers offline, slowing traffic, until the company agreed to increase censorship of “anti-state” posts — HANOI (Reuters) - Facebook's local servers in Vietnam were taken offline early this year, slowing local traffic … | Megan Rose Dickey / TechCrunch: |
Patreon says it laid off 30 employees, 13% of its workforce, partly due to current economic uncertainty, despite seeing a surge in new creators last month — Creative platform Patreon has laid off 30 employees, which is 13% of its workforce, TechCrunch has learned.| Cara Lombardo / Wall Street Journal: |
Sources: Expedia is in advanced talks to sell a stake to Silver Lake and Apollo Global Management in a deal likely to total about $1B — Deal expected to hand private-equity firms board representation, sources say — Expedia Group Inc. is in advanced talks to sell a stake … | CNBC: |
US Small Business Administration notifies ~8,000 business owners seeking federal relief loans that their personal data may have been exposed to other applicants — - Some small business owners seeking help via the Small Business Administration's Economic Injury Disaster Loan program … | Financial Times: |
Some of UK's biggest publishers criticize Google for failing to adequately explain its approach to blocking and filtering ads alongside COVID-19-related content — Tech group asked to provide greater clarity over how it filters ads around coverage of pandemic| 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 … | Bloomberg: |
Analysis shows that Huawei landed $4B worth of network contracts from China Mobile in 2020, over half of the operator's 5G contracts, as US sanctions persist — - Lands $4 billion in network gear contracts from China Mobile — Beijing's banking on 5G innovation to boost post-virus economy
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| Rachel Abrams / New York Times: |
| Ginny Marvin / Search Engine Land: |