Techmeme
May 11, 2021, 8:30 AM

Top News

Eamon Javers / CNBC:
DarkSide, the group behind the pipeline attack, claims it wants to make money, not cause “problems for society”, and it'll add “moderation” to picking targets  —  - A hacker group called DarkSide is behind the cyberattack on Colonial Pipeline that shut down a major oil pipeline over the weekend.
Wall Street Journal:
Colonial Pipeline, which carries 45% of fuel consumed on the US East Coast, says it halted operations due to a ransomware attack  —  Colonial Pipeline carries roughly 45% of gasoline and diesel fuel consumed on the East Coast  —  The main pipeline carrying gasoline and diesel fuel …
Dustin Volz / Wall Street Journal:
Dr. Ian Cutress / AnandTech:
Intel unveils 11th-gen Core Tiger Lake-H 10nm mobile processors for high-performance desktop and gaming, with five consumer chips and five commercial ones  —  Ever since the launch of the first series of Intel Core 11th Generation Tiger Lake processors aimed at the ‘U-series’ 15 W market …
Chaim Gartenberg / The Verge:
Ian Hamilton / UploadVR:
Sources: Sony's next-gen VR headset for PlayStation 5 will have improved resolution of 2000×2040 per eye, inside-out tracking, foveated rendering, and more  —  Sony's next-generation VR headset for PlayStation 5 has significantly higher resolution, inside-out tracking, a vibration motor …
Devindra Hardawar / Engadget:
Nvidia unveils the RTX 3050 and 3050 Ti laptop GPUs that bring ray tracing and AI features to affordable laptops for 1080p gaming, starting at ~$799  —  spoiled the surprise last month, it was only a matter of time until NVIDIA confirmed the existence of its new mainstream laptop GPUs.
The Verge:
A county-by-county map of the broadband gap in the US shows how lack of fiber stifles economic activity in poor counties which in turn results in disinvestment  —  A county-by-county look at the broadband gap  —  If broadband access was a problem before 2020, the pandemic turned it into a crisis.
Ben Bergman / dot.LA:
Docs show that Bird is preparing to go public via a SPAC merger at $2.3B valuation; Bird expects to trim adjusted EBITDA loss to $96M in 2021 vs. $183M in 2020  —  Bird Rides, the Santa-Monica e-scooter company that was once a startup darling but saw ridership plunge during the pandemic …
Issie Lapowsky / Protocol:
AGs from 44 states urge Facebook to abandon plans to launch a version of Instagram for kids under 13, citing research about the harm social media can cause kids  —  In a letter sent to Mark Zuckerberg Monday, attorneys general from 44 states urged the Facebook CEO to abandon plans to launch a version of Instagram for kids under 13.
MacKenzie Sigalos / CNBC:
Roblox reports Q1 revenue grew 140% YoY to $387M, DAUs rose 79% YoY to 42.1M, and users spent 9.7B hours on the platform, up 98% YoY; stock up 5%+ after hours  —  - In Q1, Roblox reported a loss per share of 46 cents, the company reported on Wednesday.  — It also brought in $387 million of revenue.
Reuters:
Sources: Foxconn's iPhone output in India has dropped by more than 50% because of COVID-19 infections among workers  —  Production of the Apple iPhone 12 (AAPL.O) at a Foxconn (2317.TW) factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
Ken Dilanian / NBC News:
Officials say the DHS has started building a warning system to gather and analyze intelligence about domestic terrorism threats from public social media posts  —  WASHINGTON — The Department of Homeland Security has begun implementing a strategy to gather and analyze intelligence …
Eric Lipton / New York Times:
Overview of the major uptick in spending on lobbying in the US by crypto organizations like Coinbase, Ripple, and trade groups like the Blockchain Association  —  Companies behind digital currencies are rushing to hire well-connected lobbyists, lawyers and consultants as the battle over how to regulate them intensifies.
Ingrid Lunden / TechCrunch:
Engageli, which develops collaborative video-based teaching software, raises $33M Series A, bringing its total raised to $47M+  —  As schools move more widely into reopening their doors for in-person learning, many educational institutions have also learned a critical lesson in the last year.

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Mitchell Clark / The Verge:
Kurt Schlosser / GeekWire:
Damon Beres / VICE:
Wayne Ma / The Information:
Tim Hardwick / MacRumors: