Techmeme
May 7, 2020, 8:45 AM

Top News

New York Times:
Facebook's Oversight Board announces its first 20 members, out of a total of 40, who will oversee challenging content issues  —  The company's independent oversight body will focus on challenging content issues, such as hate speech and harassment.  —  The authors are co-chairs of Facebook's oversight board.
David Kaye / Just Security:
Brady Dale / CoinDesk:
Square reports $528M in Q1 revenue from its Cash App, with $306M coming from Bitcoin transactions, exceeding the app's fiat revenue of $222M for the first time  —  Bitcoin has flippened USD on Square's Cash App, sort of.  —  As reported in the publicly traded fintech company's …
Emily Bary / MarketWatch:
Square reports Q1 revenue of $1.38B, up 44% YoY, with net loss of $106M, up $68M YoY, as Square fills reserves to prepare for COVID-19 problems; stock down 6%+  —  Payments processor falls to an adjusted loss as it prepares for merchants' transaction and loan losses with reserves  —  Referenced Symbols
Nick Statt / The Verge:
Epic Games says Fortnite has 350M registered players, up from 250M in March 2019; in April, players logged 3.2B hours in the game  —  More than 3.2 billion hours played in April alone  —  Epic's Fortnite has more than 350 million registered players, the game developer announced on Wednesday.
Matt Brian / Engadget:
UK broadband provider Virgin Media and telecom operator O2 announce £31B merger in an effort to take on BT, Sky, and Vodafone in the country  —  The rumors were true: UK broadband provider Virgin Media and telecoms operator O2 are to merge, their parent companies confirmed today.
Jules Wang / Android Police:
Google Authenticator now lets users transfer accounts between devices  —  The Google Authenticator app has undergone its first facelift since 2017, making the jump from version 5 to 5.10.  But the visual makeover — including a much-needed adaptation to newer phones' aspect ratios …
Brittany A. Roston / SlashGear:
Smart home company Wink to require users pay a $4.99 monthly subscription fee starting May 13, or device automations and accessibility via app will be disabled  —  Smart home company Wink has made a surprising and heavily criticized announcement: it will soon charge a monthly subscription fee.
Kurt Wagner / Bloomberg:
The Libra Association names former US Treasury Department official Stuart Levey as its first CEO ahead of a renewed regulatory push  —  The Libra Association, the group behind the proposed digital currency invented by Facebook Inc., named former U.S. Treasury Department official Stuart Levey as its first chief executive officer.
Jordan Novet / CNBC:
Twilio beat Q1 estimates with revenue of $364.9M, up 57% YoY, and reports over 190K active customer accounts; stock is up about 25% after hours  —  - Twilio beat expectations on results and its guidance for the current quarter.  — The company withdrew full-year guidance.  —  Jeff Lawson
Dean Takahashi / VentureBeat:
Nintendo reports FY 2019 net profit of $2.43B, up 33.5% YoY, on sales of $12.31B, up 9% YoY, 55.7M Nintendo Switch and Switch Lite consoles sold to date  —  Nintendo reported that its full-year sales for the fiscal year ended March 31 were $12.31 billion, up 9% from $11.30 billion a year earlier.
New York Times:
A group of hackers linked to the Chinese military has used Aria-body, a debilitating cyberattack tool, against governments and firms in Australia and SE Asia  —  An Israeli security company said the hacking software, called Aria-body, had been deployed against governments and state-owned companies in Australia and Southeast Asia.
Ingrid Lunden / TechCrunch:
Dtex, which uses AI to monitor and detect insider threats in enterprise networks, raises $17.5M led by Northgate Capital  —  A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors …
Lora Kolodny / CNBC:
Lyft reports Q1 revenue of $955.7M, up 23% YoY, as its net loss drops to $398.1M from $1.1B in 2019; active riders rose 3% YoY to 21.2M; stock up 10%+  —  - On Wednesday, Lyft reported losses of $398.1 million, and revenue of $955.7 million for Q1 2020.  — Citing Covid-19 impacts to its business …
Lucas Shaw / Bloomberg:
Internal document reveals Twitch is looking to fund a slate of original, unscripted series that would be live and interactive on dating, sports, music, and more  —  - Amazon unit will bankroll slate of unscripted series this year  — Use of Twitch has exploded during the coronavirus pandemic

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Why eIDAS 2.0 might be the EU's boldest digital move yet  —  eIDAS: The first building block of digital trust More than a decade ago, the EU introduced the eIDAS regulation (Regulation [EU] No 910/2014) …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
CNBC's Jim Cramer: Big Tech Hot Takes, NVIDIA $10 Trillion?, Building Wealth In Any Market
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"Neither Side Is Used to Losing." Lucas Shaw on What's Next for Netflix and Paramount in the Battle for Warner Bros.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
Saam Motamedi from Greylock Partners
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Invest Like the Best:
Henry Ellenbogen - Man Versus Machine
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
How Snap Plans to Win the AR Race | Evan Spiegel on Spectacles
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 AM ET, May 7, 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

Chalkbeat New York:
Charles Fishman / The Atlantic:

Earlier Picks

Andy Greenberg / Wired:
Natasha Lomas / TechCrunch:
Matthew Panzarino / TechCrunch:
Ellen Hammett / Marketing Week:
Devindra Hardawar / Engadget: