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May 5, 2021, 12:10 PM
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Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules  —  The Board has upheld Facebook's decision on January 7, 2021, to restrict then-President Donald Trump's access to posting content on his Facebook page and Instagram account.
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Makena Kelly / The Verge:
After teasing a new social media platform, Trump debuts a new section on his website that's effectively a blog  —  A true poster never logs off for long  —  After months of promising his own social media network for banned posters, former President Donald Trump on Tuesday launched a new section …
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.
Paul Vigna / Wall Street Journal:
Crypto-focused financial services company Galaxy Digital acquires BitGo, which makes multi-signature cryptocurrency wallets, for $1.2B in cash and stock  —  Purchase coincides with a nearly yearlong rally in the sector, whose market value has surged to $2 trillion
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.
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
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.
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.
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.
Elizabeth Culliford / Reuters:
Twitter says it received a record 49,000 responses globally to a survey on handling world leaders who break Twitter's rules  —  Twitter Inc (TWTR.N) has received a record number of responses to a survey on how it should handle world leaders on its site, a spokeswoman said on Tuesday …

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From Mediagazer

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Rebecca Rubin / Variety:
Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

More News

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

Earlier Picks

Dieter Bohn / The Verge:
Twitter buys Scroll, the $5/month service that removes ads from partner news sites; Scroll's Nuzzel email service will shut down on May 6
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