Techmeme
April 22, 2020, 10:15 AM

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 …
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.
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.
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.”
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 …
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 …
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

Sponsor Posts

Scroll:
Experience a better internet  —  No ads.  Twice as fast.  Fewer trackers.  Directly support the sites you read.  Join Scroll and see what a better internet looks like.
G Suite Essentials:
Remote, but always connected.  —  Connect, create, and collaborate, all together.  Get Google Meet, Drive, and Docs with G Suite Essentials - free through September 30.  No IT required.  Get your team started today.
Google Cloud Next:
Google Cloud Next '20: OnAir  —  Explore curated content on demand, every Tuesday from July 14 - Sept 8.  Watch Google Cloud CEO, Thomas Kurian's, keynote.
Zoho:
Zoho Analytics named a top-rated app on HubSpot Marketplace  —  In January 2018, Zoho Analytics partnered with HubSpot CRM to provide businesses with powerful sales analytics.  —  The HubSpot CRM + Zoho Analytics …
Oura:
What is your “Readiness Score?”  —  How does the Oura ring take your body's vital signs and generate personalized, daily health recommendations?

Listen to Techmeme's Podcast:

Techmeme Ride Home: Fri. 07/31 - Nvidia In Talks To Buy Arm? Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, April 22, 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

Sean O'Kane / The Verge:

Earlier Picks

Rachel Abrams / New York Times:
Ginny Marvin / Search Engine Land: