| Dan Primack / Axios: |
Andreessen Horowitz raises $515M for its second fund dedicated to cryptocurrency and blockchain investments and holdings — Venture capital firm Andreessen Horowitz has raised $515 million for its second fund dedicated to cryptocurrency and blockchain technologies.| Tom Warren / The Verge: |
Zoom admits it doesn't have 300M DAUs, quietly correcting a misleading claim in its original blog post, which now says 300M “daily Zoom meeting participants” — Zoom quietly updated a blog post earlier this month — Zoom has admitted it doesn't have 300 million daily active users.| Les Pounder / Tom's Hardware: |
Raspberry Pi announces a new $50 camera board with a 12MP Sony sensor and support for interchangeable lenses — Great flexibility and resolution make the Raspberry Pi High Quality Camera a winner. — OUR VERDICT — With interchangeable lenses and a 12-MP sensor, the Raspberry Pi High … | Alex Konrad / Forbes: |
Design software startup Figma raises $50M Series D led by Andreessen Horowitz at a $2B valuation — Covering venture capital, software and startups — Figma CEO Dylan Field has enjoyed watching his design software take off in bizarre ways in recent weeks.| Tom Warren / The Verge: |
Microsoft's bet on Xbox Game Pass seems to be paying off, as it hits 10M subscribers, far ahead of the 5M and 1M subscribers EA and Sony announced last year — Microsoft takes an early lead in the battle for the Netflix of video games — Microsoft now has 10 million subscribers … | Prafulla Dhariwal / OpenAI: |
OpenAI announces Jukebox, a neural net that generates music, including rudimentary singing, as raw audio in a variety of genres and artist styles — We're introducing Jukebox, a neural net that generates music, including rudimentary singing, as raw audio in a variety of genres and artist styles.| New York Times: |
Facebook, Twitter, and YouTube have declined to remove Trump's comments on UV and disinfectants curing COVID-19, despite commitments to removing misinformation — Facebook, Twitter and YouTube have declined to remove the president's statements about unproven coronavirus treatments.| Taylor Lyles / The Verge: |
Facebook rolls out a tool that lets users in the US and Canada transfer their photos and videos to Google Photos as part of the Data Transfer Project — Facebook launched the tool in Ireland last year — Facebook is rolling out a new tool today allowing users in the US and Canada to transfer … | Dr. Ian Cutress / AnandTech: |
Intel launches flagship 10th-gen Comet Lake desktop CPUs with 10 cores based on its Skylake architecture; the $488 Core i9-10900K CPU can reach 5.3GHz — Today we get the full range of its Intel's 10th Generation processors for desktops. These chips, which fall under the banner of ‘Comet Lake’ … | Ingrid Lunden / TechCrunch: |
Twitter reports Q1 sales up 3% YoY to $808M as it swings to a net loss of $8M due to COVID-19; mDAUs hit a record 166M, up 24% YoY; stock opens down ~6% — Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn … | Jordan Novet / CNBC: |
Microsoft opens registration for Build 2020, scheduled for May 19 to 21, and says the event will be free, with a focus on developers rather than users — - Unlike past years, people will only be able to watch the 2020 Microsoft Build conference online, and the event won't be as much talk … | Frederic Lardinois / TechCrunch: |
Microsoft renames Visual Studio Online, its online code editor, as Visual Studio Codespaces and drops the price of the service by over 50% — About a year ago, Microsoft launched Visual Studio Online, its online code editor based on the popular Visual Studio Code project.| TrendForce: |
Global smartphone production in Q1 fell by 10% YoY to ~280M, the lowest in five years, and is estimated to drop by 16.5% YoY to ~287M in Q2 — - TrendForce has revised down its forecast of yearly smartphone production volume to 1.24 billion units, an 11.3% decrease YoY, given weakening end-product demand.| Chaim Gartenberg / The Verge: |
Motorola Edge Plus review: top-tier specs, good camera, solid battery life, but it's not waterproof, edge display has issues, and it's Verizon exclusive — When great just isn't good enough — After years mainly spent in the midrange phone market, Motorola burst back into the spotlight … | New York Times: |
FBI director Christopher Wray's law firm argued in favor of strong end-to-end encryption while representing WhatsApp in a sealed 2015 case involving the DOJ — Christopher Wray has said tough encryption offered by companies like Facebook and Apple blinds law enforcement. But his law firm defended it five years ago.| Nicole Wetsman / The Verge: |
Supply chain algorithms used by companies like Walmart and Amazon, which rely on past data to forecast demand, have been completely upended by the pandemic — The data the algorithms use isn't reliable — Even during a pandemic, Walmart's supply chain managers have to make sure stores … | Brian Heater / TechCrunch: |
Joe Biden names Apple's VP for Public Policy Cynthia Hogan to his four-strong VP selection committee; Hogan was Biden's Chief Counsel in the Senate and as VP — Joe Biden's campaign this morning announced that it has chosen a team to vet potential running mates for the presumptive Democratic presidential nominee.| Yoolim Lee / Bloomberg: |
Grab, which has 6,000 employees and was last valued at $14B, is asking staff to go on voluntary unpaid leave or take reduced working hours to avoid job cuts — - Ride-hailing firm says it's actively trying to ‘conserve cash’ — Southeast Asia's most valuable startup has 6,000 employees| Jim Waterson / The Guardian: |
Amazon to cut the price of its Kindle ebooks in UK from Friday, after the government brought forward plans to stop charging 20% VAT on online publications — Chancellor drops 20% levy on online news subscriptions and books as industry struggles — Amazon has confirmed it will cut the price … | Catalin Cimpanu / ZDNet: |
Google introduces new rules for the Chrome Web Store to cut down on spammy extensions; developers must comply by August 27 or extensions will be delisted — Google plans to remove a bunch of garbage and useless Chrome extensions from the Web Store. — Google announced today new rules … | Anna Baydakova / CoinDesk: |
Telegram postpones the launch of its TON blockchain for a second time, pushing the go-live date to April 2021, and offers to return $1.2B to investors — Messaging app Telegram postponed the launch of its TON blockchain for a second time on Wednesday, pushing the new go-live date to April 2021 … | Bloomberg: |
Sources: construction software company Procore called off its IPO and instead raised $150M at a $5B valuation, but may still go public in 2020 — - Construction software company raised more than $150 million — It had filed for U.S. initial public offering in February| Kyle Wiggers / VentureBeat: |
Google says Duplex, its AI chat agent which previously only spoke English, can now speak Spanish “only for confirming store hours” in Spain during the pandemic — Google today launched Google Duplex, its AI chat agent that can arrange appointments over the phone … | Sam Nussey / Reuters: |
SoftBank says it sees a loss of ~$6.6B in the year ending March on its WeWork investment held outside the Vision Fund, extending its expected net loss to $8.4B — TOKYO (Reuters) - SoftBank Group Corp (9984.T) said it sees a loss of around 700 billion yen ($6.6 billion) …
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