| Theodore Schleifer / Vox: |
Letter from Brian Chesky to Airbnb employees says the company is laying off 1,900, or ~25% of its workforce, and expects a 2020 revenue decline of 50% YoY — Airbnb is laying off a quarter of its staff. — Airbnb, seen until recently as one of Silicon Valley's most financially secure unicorns, is laying off a quarter of its staff.| Apple: |
Apple will host a virtual WWDC starting on June 22 in the Apple Developer app and website, free for all developers — Submissions for the Swift Student Challenge Are Now Open Through May 17 — Cupertino, California — Apple today announced it will host its annual Worldwide Developers … | Shannon Liao / CNN: |
Activision Blizzard CEO says people may turn to free mobile games during the pandemic, after the company beat Q1 expectations with sales of $1.52B, up 21% YoY — New York (CNN Business)While much of the economy is hurting during the pandemic, video games are thriving.| Hugh Langley / Business Insider: |
Sources: Magic Leap is in talks to raise $100M in funding from a major health company after laying off around half of its workforce — - Magic Leap is turning to a “major” health care company to raise money, according to an internal memo obtained by The Information.| Harry McCracken / Fast Company: |
Q&A with Steven Sinofsky on his upcoming memoir that chronicles his time at Microsoft, as he reflects on how the company fought the ILOVEYOU virus 20 years ago — On the 20th anniversary of the unleashing of the ILOVEYOU virus—which infected millions of PCs worldwide … | Sarah Perez / TechCrunch: |
After tests on twttr prototype app, Twitter is rolling out a new layout for replies that will use lines and indentations to make conversations easier to follow — Twitter announced today it's introducing a new layout for replies that will use lines and indentations to make it easier … | Nick Statt / The Verge: |
| Bloomberg: |
Spotify CEO expects Apple to “open up” its platform more to 3rd-party apps, after Spotify's antitrust complaint with the EU, but sees it as a long-term process — - Apple plans to let other music services integrate with HomePod — Ek says ‘steps to go before’ Apple is open and fair platform| Sarah Perez / TechCrunch: |
Peanut, a social network originally for moms but now for all women, raises $12M Series A led by EQT Ventures, bringing the total raised to $21.8M — Peanut, an app that began as a tool for finding new mom friends, has evolved into a social network now used by 1.6 million women to discuss a range of topics … | Jessica Bursztynsky / CNBC: |
Disney+ has seen paid subscribers grow from 33.5M in March to 54M in May, nearly meeting its launch date projection of 60M-90M users by the end of 2024 — - Disney announced Tuesday that it saw growth across all of its streaming service platforms in the past quarter.| Brian Barrett / Wired: |
Adult livestreaming website CAM4 exposes 10B+ records, including names, sexual orientations, payment logs, and email transcripts, on an unsecure database — CAM4 has taken the server offline, but not before it leaked 7TB of user data. — It's all too common for companies to leave databases chock full … | Brooke Auxier / Pew Research Center: |
Survey: Americans are split on the acceptability of tracing people's movements with phone data, and 60% believe contact tracing tech won't make much difference — The ongoing coronavirus outbreak has brought privacy and surveillance concerns to the forefront - from hacked video conferencing sessions … | Kieren McCarthy / The Register: |
| Darrell Etherington / TechCrunch: |
| Tom Warren / The Verge: |
Microsoft says its goal is to launch the Xbox Series X this year, and it will hold monthly streams to promote games for the next-gen console — Microsoft is revealing the Xbox Series X boot screen animation today and is promising to focus on first-party Xbox Game Studios games during a July event.| Jeff Grubb / VentureBeat: |
EA reports Q4 revenues of $1.39B, beating expectations of $1.19B, up 12% YoY, with strong digital sales and franchise growth; stock down ~5% on weak guidance — Electronic Arts delivered financial results today above Wall Street expectations. The publisher generated $1.39 billion in revenues for Q4 … | Angela Lashbrook / OneZero : |
A look at Libro.fm, an indie audiobook company, and Bookshop.org, whose 10% affiliate share extends to its 3K+ partners, including NYT, Vox, and 560 bookstores — Bookshop and Libro.fm hope to change your shopping habits. Will it last after the pandemic?| Lawrence Abrams / BleepingComputer: |
Toll Group, one of Asia Pacific's top logistics companies with ~44,000 employees in 50+ countries, has been hit with ransomware for a second time this year — The Toll Group has suffered its second ransomware cyberattack in three months, with the latest one conducted by the operators of the Nefilim Ransomware.
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| Salvador Rodriguez / CNBC: |
| Lorenzo Franceschi-Bicchierai / VICE: |
| Megan Rose Dickey / TechCrunch: |
| Jacob Kastrenakes / The Verge: |
| Emil Protalinski / VentureBeat: |
| Peter Eavis / New York Times: |
| Amanda Meade / The Guardian: |