| Margaret Sullivan / Washington Post: |
The Oversight Board's decision on Trump's Facebook ban failed to send a clear message that a powerful public official can't use Facebook to endanger the public — In more than 1,400 posts from Jan. 1, 2020 and Jan. 6, 2021, Donald Trump used Facebook to spread false information with devastating consequences for the country.| New York Times: |
Nick Clegg, who shaped Facebook's handling of Donald Trump, will lead the final decision-making process after the Oversight Board handed it back to Facebook — Nick Clegg, a former deputy prime minister, has shaped the company's handling of Donald Trump at every turn.| Oversight Board: |
| Makena Kelly / The Verge: |
| Sarah Perez / TechCrunch: |
Twitter says it is rolling out improved prompts that discourage “harmful” language, first to iOS and then Android, after studies showed prompts were effective — A year ago, Twitter began testing a feature that would prompt users to pause and reconsider before they replied to a tweet using … | Mark Bergen / Bloomberg: |
Memo: Google relaxes WFH rules to let more staff work remotely, expecting 20% to be fully remote, 20% to move sites, 60% to return to offices a few days a week — Google is giving its employees more flexibility to work from different locations or entirely from home, taking a more lenient policy … | Brad Stone / Bloomberg: |
Jeff Bezos beat the National Enquirer by bypassing media and appealing directly to regular people, retaliating with the brutal efficiency used to build Amazon — When a gossip rag went after the CEO, he retaliated with the brutal, brilliant efficiency he used to build his business empire.| Reuters: |
Sources: Tencent is in talks with CFIUS to negotiate agreements that would allow the company to keep its ownership stakes in Riot Games and Epic Games — Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to keep its ownership stakes … | Chance Miller / 9to5Mac: |
As Netflix prepped limited tests to drop Apple's IAPs, Apple told Netflix these tests would “limit co-marketing opportunities, including on-store featuring” — New internal emails and presentation documents revealed as part of the Epic vs. Apple show how Apple attempted … | Chance Miller / 9to5Mac: |
| Jessica Bursztynsky / CNBC: |
Uber Q1: $2.9B revenue, below estimates, as net loss shrinks to $108M from $968M QoQ due to self-driving unit sale; delivery gross revenue up 166% YoY to $12.5B — - Uber reported first quarter results after-the-bell on Wednesday. — Overall, Uber's net loss was $108 million … | Catherine Shu / TechCrunch: |
Una Brands, which acquires and consolidates third party sellers across e-commerce platforms in the Asia-Pacific region, launches with $40M in debt and equity — One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands.| Ingrid Lunden / TechCrunch: |
French startup Shift Technology, which uses AI to help insurance providers detect and prevent fraud, raises $220M Series D at a $1B+ valuation, led by Advent — While insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech … | James Batchelor / GamesIndustry.biz: |
Nintendo reports record full-year profits of $6.2B, up 88% YoY, on net sales of $16.1B, up 34% YoY, and sold 28.2M Switch units in 2020, up 37.1% YoY — And, despite forecasting decline, the platform holder expects console to beat Wii's 101 million lifetime sales this year| 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 … | Dr. Ian Cutress / AnandTech: |
IBM says it has created the first 2nm chip, which can improve performance by 45% at the same power or 75% energy at the same performance compared to 7nm chips — Every decade is the decade that tests the limits of Moore's Law, and this decade is no different.| 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| Nilay Patel / The Verge: |
Interview with Shopify President Harley Finkelstein on creating a centralized retail OS, why DTC isn't a fad, partnering with Instagram Checkout, and more — Today I'm talking to Harley Finkelstein, president of Shopify. Shopify is one of those companies that makes the modern internet go … | Ingrid Lunden / TechCrunch: |
Oslo-based edtech company Kahoot says it is acquiring Clever, a portal for educators and students to build digital learning classrooms, for up to $500M — Kahoot, the popular Oslo-based edtech company that has built a big business out of gamifiying education and creating a platform for users …
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| Dean Takahashi / VentureBeat: |
| Taylor Lorenz / New York Times: |
| Zack Whittaker / TechCrunch: |
| Alexander Osipovich / Wall Street Journal: |
| Shoshana Wodinsky / Gizmodo: |