| The Verge: |
Twitter is rolling out its new verification program, with revamped categories that include activists and journalists, and previews upcoming changes to profiles — It also previewed potential changes coming to profiles — Twitter is relaunching its public verification program, allowing anyone to apply for a coveted blue check mark.| Thomas Franck / CNBC: |
US Treasury announces it will require any cryptocurrency transfers worth $10,000+ to be reported to the IRS, saying cryptocurrencies pose a tax evasion risk — - The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS.| Alex Heath / The Verge: |
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators — The fourth-gen glasses have built-in AR displays — Snap's new Spectacles glasses are its most ambitious yet.| Kerry Flynn / CNN: |
Snapchat says 5,400+ creators earned $130M in total via its Spotlight incentive program and it will stop giving away $1M per day to creators starting June 1 — New York (CNN Business)When Snap took on TikTok, it didn't just release a copycat product. It distributed $1 million every … | Jason Rosenthal / The Keyword: |
Google is opening its first ever physical retail store in New York this summer, letting users buy Pixel phones, Nest products, Fitbit devices, more — Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York.| Reuters: |
| Mark Gurman / Bloomberg: |
Apple implies that Epic may be serving as a stalking horse for Microsoft, seeks an adverse credibility finding for Xbox exec Lori Wright, in Wednesday's filing — - Company says 5 Epic Games witnesses have ties to Microsoft — Apple and Microsoft rivalrly has gathered steam due to trial| Ian Sherr / CNET: |
| Bloomberg: |
Sources: CNA Financial, one of the largest insurance companies in the US, paid $40M in late March to regain control of its network after a ransomware attack — CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network … | Jacob Krol / CNN: |
Apple TV 4K (2021) review: faster than competition and the new Siri Remote is very good with a power button and easy-to-use click wheel, but very expensive — Like the refresh of the iPad Pros, the updates to the Apple TV 4K are all internal, namely new hardware that leads to an overall speedier experience.| Sarah Perez / TechCrunch: |
Apple launches an affiliate program for paid podcast subscriptions, letting users earn a one-time commission of 50% of a podcast's monthly subscription price — Apple last month unveiled its plans for paid podcast subscriptions in a newly redesigned Apple Podcasts app.| Maggie Fitzgerald / CNBC: |
Robinhood announces IPO Access, which will let retail investors buy shares of companies at their IPO price before trading begins on public exchanges — - Robinhood said it is giving retail investors access to IPO shares. — Retail traders typically don't have a vehicle to buy … | Sarah Perez / TechCrunch: |
Spotify partners with Audible rival Storytel, allowing the latter's subscribers to listen to books on Spotify; Storytel has 500K titles and 1.6M subscribers — Spotify is further expanding into audiobooks — but not in the way you may think. The company today announced a new partnership … | Wall Street Journal: |
Zhang Yiming follows other Chinese tech CEOs, including Ant's Simon Hu and Pinduoduo's Colin Huang, who quit recently amid increased scrutiny by China — Co-founder Liang Rubo to lead ByteDance, inheriting a company that is facing growing government pressure in China to stay in line| Echo Wang / Reuters: |
| Issie Lapowsky / Protocol: |
Democratic Reps. Trahan and Castor introduce the Social Media DATA Act, which would force large platforms to share ad targeting data with researchers and FTC — Facebook's ad library allows researchers to see the content of ads that run on the platform and information on who those ads reach.| Jason Del Rey / Vox: |
Internal Amazon messages show that FTC pressure to act against sellers using fake-review schemes may have led to bans of sellers tied to electronics brand Mpow — One of the takedowns involves the large Chinese electronics brand Mpow. — Amazon recently banned some sellers … | S. Shah / Engadget: |
Opera is testing its gaming-focused browser Opera GX on iOS and Android; Opera GX had 9M+ monthly active gamers across Windows and Mac as of March, up 190% YoY — desktop browser for gamers to further distinguish itself from Google Chrome. Over the following months and years … | Meir Orbach / CTech: |
Sunbit, which helps physical and e-commerce stores offer customers the option to pay in installments, raises $130M Series D at $1.1B after money valuation — Sunbit focuses on the American credit market and develops a payment method that allows stores to offer their customers the option to pay in installments| Kaavya Chandrasekaran / The Economic Times: |
Mumbai-based Eruditus Group, which makes top tier university courses accessible globally, acquires SV-based iD Tech, which offers online coding camps, for $200M — The acquisition will mark the Mumbai-based entity's expansion beyond higher education into the K-12 STEM space| Financial Times: |
Regional government of Inner Mongolia sets up hotline to report suspected crypto mining as China moves to curb energy emissions and fortify its central bank — Move comes as Beijing's crackdown prompts volatility in global bitcoin trading — A Chinese province has asked residents to blow … | Dean Takahashi / VentureBeat: |
Jam City, a Harry Potter mobile game publisher, files to go public via SPAC at a $1.2B valuation, buys Ludia, a Canadian mobile game publisher, for $175M — Did you miss GamesBeat Summit 2021? Watch on-demand here! — Harry Potter: Hogwarts Mystery mobile game publisher Jam City has filed …
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