Techmeme
May 5, 2021, 11:25 AM

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.
More: About Facebook, Ars Technica, New York Times, Washington Post, Tech Policy Press, New York Times, Insider, Wall Street Journal, Bloomberg, Washington Post, The Verge, Protocol, Pew Research Center, TNW, Axios, 9to5Mac, Engadget, CNET, Gizmodo, The Guardian, TechCrunch, CNBC, VICE, Protocol, BuzzFeed News, ZDNet, Silicon Republic, Axios, CNN, Vox, Los Angeles Times, Android Headlines, Axios, Variety, Newser, Deadline, news.com.au, Tech Xplore, The Hill, Reclaim The Net, USA Today, PCMag, Financial Times, Galaxy Brain, and Android Central
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:
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 …
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.
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 …

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Dieter Bohn / The Verge: