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May 18, 2020, 11:40 PM
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| New York Times: |
Disney's top streaming exec, Kevin Mayer, resigns to become CEO of TikTok and COO of parent company ByteDance; Disney names Rebecca Campbell as his successor — Kevin Mayer will lead the Chinese-owned app for making and sharing short videos, which has exploded in popularity during the pandemic.
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Wall Street Journal, Reuters, TechCrunch, Social Media Today, Input, Engadget, Music Technology Policy, and Android Central
| Michael Potuck / 9to5Mac: |
AG Barr says that, “no thanks to Apple”, the FBI succeeded in unlocking the “phones” of the Pensacola gunman, who they found had significant links to Al Qaeda — It looks like the most recent contention between the FBI and Apple over device encryption has come to an end …
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CNN, U.S. Department of Justice, The Verge, New York Times, MacRumors, CyberScoop, Vox, Engadget, CNET, Fortune, Input, AppleInsider, Wall Street Journal, iDownloadBlog.com, Wccftech, CNBC, Digital Trends, Politico, iPhone in Canada Blog, Cult of Mac, VentureBeat, Bloomberg, The Mac Observer, Appleosophy, TechSpot, MacDailyNews, ZDNet, iPhone Hacks, and Axios
Tweets: @markgurman, @chriswelch, @eff, @9to5mac, @ahmed, @stick631, @xxdesmus, @marcoarment, @heilemann, and @karaswisher
| 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 the sale of noncore businesses — Uber Technologies Inc. is cutting several thousand …
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The Verge, Business Insider, CNBC, The Irish Times, CNET, Engadget, TheStreet, Bloomberg, GeekWire, CCN.com, TechSpot, Ars Technica, Gizmodo, SiliconANGLE, KnowTechie, PYMNTS.com, Axios, Layoffs.fyi, and iPhone in Canada Blog
Tweets: @kateconger, @preetika_rana, @wsj, @gregbensinger, @khanoisseur, @jessiwrites, @alex, and @andyjayhawk
| Richard Speed / The Register: |
At an MIT event, Microsoft president Brad Smith says the company was “on the wrong side of history” with open source — Tell-all with president Brad Smith reveals Obama warned tech giants that a privacy reckoning was coming — Microsoft president Brad Smith (pictured) …
More:
The Verge, ZDNet, ExtremeTech, and WinBuzzer
Tweets: @skinnylatte, @jwolpert, @dirkriehle, @backlon, @alrubinger, and @kevinokeefe
| 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.
More:
Xbox Wire, GeekWire, CNET, Minecraft.net, Kotaku, Wccftech, Polygon, Bloomberg, and MSPoweruser
Tweets: @tomwarren, @benjisales, @zhugeex, and @jordannovet
| Oculus: |
Oculus says it will start accepting Quest titles that support hand tracking this month and details two new collaboration and productivity apps coming this year — We're about to celebrate an exciting milestone: the one-year anniversary of Oculus Quest and Rift S!
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UploadVR, VentureBeat, The Verge, Road to VR, GameSpot, Oculus-blog, Social Media Today, TechSpot, Gamasutra, Neowin, VRScout, and Digital Trends
Tweets: @mrdoob, @deantak, and @immersedvr
| Janko Roettgers / Protocol: |
More:
TechCrunch and The Information
Tweets: @protocol, @slpng_giants, @alexeheath, @boztank, @vr_sam, @gavinsbaker, @benjisales, @l4stewar, @wbmason, and @pierce. Thanks:@jank0
| 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. …
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The Verge, Reuters, CNBC, MacRumors, Wall Street Journal, Fortune, SlashGear, Bloomberg, TechCrunch, Android Authority, TechSpot, Tom's Hardware, SiliconANGLE, iMore, iPhone in Canada Blog, Liliputing, Input, Android Central, Pocketnow, Engadget, Neowin, Wccftech, Telecoms.com, Light Reading, TechNode, Phandroid, CNET, Silicon Republic, and Computer Business Review
Tweets: @tom_fowdy, @guolibrary, @arjunkharpal, @arjunkharpal, @arjunkharpal, @arjunkharpal, and @next_china
| 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: |
More:
Fortune, Associated Press, Fortune, Nikkei Asian Review, Reuters, and Nikkei Asian Review
Tweets: @aaronwall, @reutersbiz, @vusithembekwayo, @willjordan, @glcarlstrom, @tculpan, and @tculpan
| Bloomberg: |
A Facebook conducted survey of 86K small business owners and employees shows 31% of SMBs have stopped operating and 11% more expect to fail in next 3 months — - April survey shows another 11% expect to fail within 3 months — Half don't have plans to rehire employees they had to cut| Zoe Schiffer / The Verge: |
Jack Dorsey has told Square employees they can work from home even after the COVID-19 shelter-in-place orders end, following a similar move at Twitter — Employees can work remotely even after the COVID-19 shelter-in-place orders end — Square employees will be able to work from home …
More:
NBC News, ZDNet, CNET, WinBuzzer, Mercury News, Business Insider Nederland, and Slashdot
Tweets: @zoeschiffer, @jkap, @cyberomin, @lawoftd, @bigblackjacobin, and @taralach
| Echo Wang / Reuters: |
Sources: Nasdaq to unveil new rules requiring companies from some countries, including China, to raise $25M+ or 25%+ of post-listing market cap in their IPOs — NEW YORK (Reuters) - Nasdaq Inc (NDAQ.O) is set to unveil new restrictions on initial public offerings (IPOs) … | Frank Chaparro / The Block: |
Intercontinental Exchange's Bakkt says its institutional custody business has now more than 70 clients as it eyes the launch of a much-anticipated consumer app — Bakkt, the digital asset venture owned by Intercontinental Exchange (ICE), has expanded its institutional custody business … Sponsor Posts
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