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May 5, 2021, 1:40 PM

Top News

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 …
Danielle Partis / GamesIndustry.biz:
Following the departure of Google Stadia's head of product John Justice, a further six employees have left Stadia to work at Haven Studios, founded by an ex-VP  —  Former Stadia general manager Sebastien Puel is a co-founder of Jade Raymond's new venture  —  A further six members of staff …
Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook used in targeting the 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
Taylor Lorenz / New York Times:
Profile of MrBeast, the most subscribed YouTuber in the US, who took a bumpy road to fame through stunt philanthropy, as he branches out into other businesses  —  Jimmy Donaldson, 22, is out to become the Elon Musk of online creators.  —  Jimmy Donaldson, 22, a YouTube megastar better known as Mr. Beast …
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:
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.
Zack Whittaker / TechCrunch:
Researcher details a Peloton API bug that let anyone access private account info, which initially went unpatched until a reporter contacted Peloton  —  But the company won't say if it has evidence of malicious exploitation.  —  Halfway through my Monday afternoon workout last week …
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.
Nikkei Asia:
Chinese chip companies are auditing their supply chains to replace US imports with domestic suppliers, in a quest for self-sufficiency following US sanctions  —  How Washington's sanctions boosted China's semiconductor sector  —  TAIPEI — Once a month, senior executives …

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Catalin Cimpanu / The Record:
Dieter Bohn / The Verge: