| Chance Miller / 9to5Mac: |
Epic vs. Apple trial begins with Epic attacking the App Store's “walled garden”, arguing Apple's 30% cut is monopolistic; Apple argues 30% is standard practice — Today marked the beginning of the highly-anticipated Apple vs. Epic trial, and things kicked off with both companies presenting their opening statements.| Mitchell Clark / The Verge: |
Court docs: Epic's total gross revenue was $5.6B in 2018 and $4.2B in 2019, with the vast majority of revenue coming from Fortnite — New financial figures were revealed as part of Epic Games' antitrust case against Apple — After a meteoric rise to popularity in 2018 … | Mark Gurman / Bloomberg: |
Court docs: in a 2011 email Phil Schiller floated cutting Apple's 30% fee, provided it could still generate $1B in annual App Store profits when the fee was cut — - Top executive proposed fee cut at $1 billion in annual profit — App Store fee structure, policies at issue in trial with Epic| Steve Kovach / CNBC: |
Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo” — - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.| Alex Sherman / CNBC: |
Source: AOL has ~1.5M users paying $10 to $15/month for tech support and ID monitoring service AOL Advantage; dial-up users now number in the “low thousands” — - Apollo Global Management is paying $5 billion for Verizon Media Group, which houses Yahoo and AOL.| Jeff Grubb / VentureBeat: |
Sony says Discord will be integrated into PlayStation Network starting early 2022; Sony will invest an undisclosed amount in Discord as part of the partnership — Join GamesBeat Summit 2021, happening today! Watch live here! — Sony is planning to integrate Discord into PlayStation Network starting in early 2022.| Sarah Perez / TechCrunch: |
Twitter opens Spaces, its live audio feature, to anyone with 600+ followers and details plans for Ticketed Spaces, reminders, co-hosting, accessibility, more — Twitter Spaces, the company's new live audio rooms feature, is opening up more broadly. The company announced today it's making … | Juli Clover / MacRumors: |
Kuo: Apple is planning to launch a foldable iPhone with an 8" QHD+ flexible OLED display in 2023; Kuo says Apple will ship 15M to 20M foldable iPhones in 2023 — Apple is working to launch a foldable iPhone with an 8-inch QHD+ flexible OLED display in 2023, Apple analyst Ming-Chi Kuo … | CNN: |
The Oversight Board says it will announce its decision on Facebook's banning of Trump at 9AM ET on Wednesday, after receiving 9,000+ public responses — (CNN Business)The Facebook Oversight Board will announce its long-anticipated decision on the fate of former President Trump's Facebook account … | Kim Lyons / The Verge: |
After Apple's iOS 14 privacy updates, Facebook and Instagram show prompts in their iOS apps telling users that data tracking keeps its services “free of charge” — iOS 14 has new privacy settings that let users opt out of tracking — Facebook is continuing its campaign … | Irene Plagianos / Wall Street Journal: |
Study shows hiring for tech positions surpassed all other occupations, even healthcare jobs, in New York City between April and November 2020 — There were more openings for tech positions during the pandemic than for any other job in the city, a new study says| Katie Canales / Insider: |
SensorTower data shows Clubhouse was downloaded only about 900,000 times in April, down from 2.7M installs in March and from February's peak of 9.6M — - Clubhouse's 922,000 downloads in April is a dip from February when 9.6 million users installed it. — The audio app has enjoyed … | Ingrid Lunden / TechCrunch: |
PortalOne raises $15M seed from Atari, Founders Fund, Twitch co-founder Kevin Lin, and others for its hybrid gaming/TV show app, coming out of closed beta soon — Gaming and streamed video have been two of the biggest pastime winners during the last year+ of pandemic living.| Eric Slivka / MacRumors: |
Apple releases iOS 14.5.1, watchOS 7.4.1, and macOS Big Sur 11.3.1 with security fixes for flaws in WebKit that Apple says were being actively exploited — Alongside iOS 14.5.1 and watchOS 7.4.1, Apple today also released macOS Big Sur 11.3.1, which the company says “provides important security updates”.| Megan Graham / CNBC: |
Amazon says its ad-supported streaming video content now reaches more than 120M users every month, up from 20M in January 2020, driven by Twitch — - Amazon said Monday its ad-supported streaming content now reaches more than 120 monthly users every month.| Katie Deighton / Wall Street Journal: |
Q&A with Jenny Lay-Flurrie, Microsoft's chief accessibility officer, on holding every department accountable, validating ROI, and hiring staff with disabilities — Jenny Lay-Flurrie holds every department—from hiring to videogaming—accountable for being accessible to people with disabilities| Gertrude Chavez-Dreyfuss / Reuters: |
Blockchain-based trading platform INX says it estimates it raised $125M from over 7,200K investors in its SEC-approved token and equity offerings — NEW YORK (Reuters) - INX Ltd, the blockchain-based global trading platform for digital securities and cryptocurrencies, said on Monday it expects … | Dean Takahashi / VentureBeat: |
Genies, which develops avatars for virtual identity and digital goods, raises $65M Series B led by Bond and plans a marketplace on Dapper Labs' Flow service — Join GamesBeat Summit 2021, happening today! Watch live here! — Genies has raised $65 million to boost its avatar creator … | Will Daniel / Insider: |
A new cryptocurrency called Chia is debuting on May 3, and its dependence on storage instead of computing power may be behind a rise in hard drive and SSD sales — - A new green cryptocurrency called Chia (XCH) is set to start trading on Monday, May 3. — Chia uses “proof of space” …
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