Techmeme
May 5, 2021, 8:50 AM

Top News

Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook collects to sell ads  —  A series of Instagram ads run by the privacy-positive platform Signal got the messaging app booted from the former's ad platform, according to a blog post Signal published on Tuesday.
Makena Kelly / The Verge:
After teasing a new social media platform, Trump debuts a new section on his website that's effectively a blog, ahead of the Oversight Board's decision on Wed.  —  A true poster never logs off for long  —  After months of promising his own social media network for banned posters …
Chance Miller / 9to5Mac:
On Day Two of the Apple vs Epic trial, Sweeney said he would have taken an exclusive App Store deal, Apple recounted Epic's praise of Apple's Metal API, more  —  The Apple vs. Epic trial continued today, with Epic CEO Tim Sweeney testifying and facing cross-examination from Apple's layers.
Nick Statt / Protocol:
At trial, Tim Sweeney contends that the App Store taking “30% off of the top” is an existential threat to Fortnite becoming a metaverse or platform for creators  —  Epic CEO Tim Sweeney finished his time on the stand Tuesday afternoon, during day two of the Epic v. Apple trial.
Mark Gurman / Bloomberg:
Mitchell Clark / The Verge:
Catalin Cimpanu / The Record:
Dell patches a recently discovered 12-year-old driver vulnerability impacting hundreds of millions of Dell systems, which gives local attackers full PC control  —  Hundreds of millions of Dell desktops, laptops, notebooks, and tablets will need to update their Dell DBUtil driver to fix …
Carmen Reinicke / CNBC:
Dogecoin's price surged roughly 40% on Tuesday, reaching a market cap of $69B, up 11,000% YTD, and making Dogecoin the fourth-largest cryptocurrency  —  The latest cryptocurrency star is a coin named after a meme of a Shiba Inu dog that was started as a joke.
Adam Janofsky / The Record:
Study: 60% of 73 K-12 apps from 38 schools in 14 states across the US send student data to a variety of third parties, roughly 50% to Google and 14% to Facebook  —  The COVID-19 pandemic has pushed schools around the country to adopt and rely heavily on new technology.
Salvador Rodriguez / CNBC:
Facebook says that Workplace has 7M paid subscribers, up 40% YoY, as it announces new features, like Microsoft 365 and G-Suite calendar integrations  —  - Facebook's Workplace enterprise communications software has now reached 7 million paid subscribers.  — The milestone is up 40% from 5 million last May.
Abner Li / 9to5Google:
Google reveals the Pixel Buds A-Series in a now-deleted tweet, which mentions a new Fast Pair feature  —  At the end of March, we exclusively reported about Google's next wireless earbuds, and the first image leaked a week later.  Google today announced the “Pixel Buds A-Series” on Twitter, though the reveal was entirely an accident.
Kyle Wiggers / VentureBeat:
Pecan.ai, which offers a no-code platform to create AI-based predictive algorithms, raises $35M Series B led by GGV Capital, bringing its total raised to $50M+  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  Predictive analytics startup Pecan.ai today announced …
Dean Takahashi / VentureBeat:
Activision Blizzard reports Q1 revenue of $2.28B, up 27% YoY; Activision had 150M+ MAUs, with Call of Duty MAUs growing 40% YoY  —  Did you miss GamesBeat Summit 2021?  Watch on-demand here!  —  Activision Blizzard reported earnings today that beat Wall Street's expectations with 27% revenue growth …
Mary Ann Azevedo / TechCrunch:
Bitso, a regulated crypto exchange in Latin America, raises $250M Series C co-led by Tiger Global and Coatue, at a $2.2B valuation  —  Bitso, a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 billion.

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More News

Jessica Bursztynsky / CNBC:
Catalin Cimpanu / The Record:

Earlier Picks

Sarah Perez / TechCrunch:
Dieter Bohn / The Verge:
CNN: