Techmeme
May 4, 2021, 12:10 AM

Top News

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 …
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.
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
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 …
Casey Newton / The Verge:
Basecamp employees detail an all-hands that led to resignations, including the head of strategy, who questioned the existence of white supremacy at the company  —  I.  —  At 8AM PT on Friday, a bleary-eyed Basecamp CEO Jason Fried gathered his remote workforce together on Zoom to apologize.
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.
Reuters:
Apple hires ex-Google AI scientist Samy Bengio, who left Google last month after colleagues' firings; sources: Bengio to lead new AI unit under John Giannandrea  —  Apple Inc (AAPL.O) said on Monday it has hired former distinguished Google (GOOGL.O) scientist Samy Bengio …
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 …
Stephen Shankland / CNET:
Intel to invest $3.5B to upgrade its chipmaking plant in New Mexico that will result in 700 new jobs over 3 years as part of CEO Pat Gelsinger's turnaround plan  —  Intel on Monday plans to announce a $3.5 billion upgrade to a chip manufacturing plant in Rio Rancho, New Mexico.
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 …
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”.

Sponsor Posts

DataStax:
Global scale on a startup budget?  —  Go with the original planetary scale database — DataStax Astra built on Apache Cassandra™.  Start for free and pay only for what you use with serverless!
Mixing Board:
A new way to get smart comms advice  —  Mixing Board now has a community of 100 top comms and marketing leaders in tech at your fingertips.
Oura:
Oura in The Age of Ownership  —  An update on funding, the business, and the future of health as a daily practice.
Zoho:
Make faster, more effective HR decisions with the all-new consolidated Reports in Zoho People  —  HR reports are vital for improving your employee experience.  By analyzing employee data, these reports provide …
Secureframe:
Secureframe helps companies get enterprise-ready by streamlining SOC 2 security compliance.  —  Secureframe allows companies to get secure within weeks, rather than months and monitors 40+ services.  Get started today!
Modern Finance Podcast:
New Coin: Mina - The World's Lightest Blockchain, with Founder Evan Shapiro
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Mon. 05/10 - No PlayStation For Me Until 2023?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:10 AM ET, May 4, 2021.

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

Earlier Picks

Juli Clover / MacRumors: