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Techmeme
May 18, 2020, 2:05 PM
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Top News

Cheng Ting-Fang / Nikkei Asian Review:
Sources: TSMC, the biggest contract chipmaker, has halted new orders from Huawei in response to new US export controls; orders placed before are not impacted  —  Taiwan chipmaker's relationship with its second biggest customer under fire  —  TAIPEI — Taiwan Semiconductor Manufacturing Co. …
Tom Warren / The Verge:
Microsoft says Minecraft has now topped 200M sales, up from 100M in 2016, with 126M monthly players; Minecraft saw a 25% increase in new players last month  —  Minecraft continues to grow despite being 11 years old  —  Minecraft sales have officially topped 200 million, with 126 million people playing the game monthly.
Sam Nussey / Reuters:
Alibaba's Jack Ma resigns from SoftBank board, as he pulls back from formal business roles to focus on philanthropy; SoftBank to propose three new appointments  —  TOKYO (Reuters) - SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board …
Pavel Alpeyev / Bloomberg:
SoftBank Vision Fund records $17.7B loss in the last fiscal year after writing down investments including WeWork and Uber, reports a net loss of $8.96B  —  SoftBank Group Corp. said its Vision Fund business lost 1.9 trillion yen ($17.7 billion) last fiscal year after writing down the value of investments …
Preetika Rana / Wall Street Journal:
In email to staff, Dara Khosrowshahi says Uber will cut 3,000 more jobs, in addition to the 3,700 that were let go earlier this month, and will close 45 offices  —  The ride-hailing giant also is exploring selling noncore businesses  —  Uber Technologies Inc. is cutting several thousand additional jobs …
Bloomberg:
Apple says it's reopening 25 US stores this week plus 12 stores in Canada, adding to nearly 100 global locations that have reopened so far  —  - Company has 100 stores back in operation after virus closures  — Plans temperature checks and face coverings at every location
Ranjan Roy / Margins:
DoorDash is listing restaurants on its service without their permission, leading to inaccurate menus, unhappy customers, and even arbitrage opportunities  —  There is such a thing as a free lunch  —  If capitalism is driven by a search for profit, the food delivery business confuses the hell out of me.
Janko Roettgers / Protocol:
Facebook's VP of consumer hardware Andrew Bosworth says users have spent over $100M on Quest VR content and Portal sales are up 10x compared to mid-March  —  The latest on Oculus Quest, Portal and COVID-19 supply chain issues from Facebook's top hardware exec.
Sachin Ravikumar / Reuters:
Indian food delivery startup Swiggy says it will lay off 1,100 employees, or nearly 14% of its workforce, to cut costs amid the pandemic  —  BENGALURU (Reuters) - Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs …

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This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, May 18, 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.

From Mediagazer

Kylie Robison / The Verge:
Andor showrunner Tony Gilroy says the Disney+ show's scripts will not be released as planned, due to fears that they could be used as AI training data

Sara Fischer / Axios:
Ziff Davis' Everyday Health acquires women-focused newsletter company theSkimm, whose co-CEOs will stay on with no plans to lay off any of its 75 staffers

Leena Tailor / The Hollywood Reporter:
How Bluey became a brand worth an estimated $2B, spawning immersive experiences, books, podcasts, toys, albums, themed hotel rooms, and more

Earlier Picks

Chance Miller / 9to5Mac:
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts
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