| Bloomberg: |
Sources: Nintendo plans to announce an upgraded Switch ahead of the June E3 conference and release it in September or October, for more than the original's $299 — - Announcement of new Switch could be made ahead of June's E3 — Suppliers say Nintendo likely to price new model above $299| Casey Newton / Platformer: |
Instagram's test to hide Like counts highlights a lesson that social networks are reluctant to learn: one-size-fits-all policies are making users miserable — PLUS: WhatsApp sues India — In April 2019, amid growing questions about the effects of social networks on mental health … | Sarah Perez / TechCrunch: |
| Jay Peters / The Verge: |
Twitter says users can now join Spaces via desktop and mobile web browsers, but can't host rooms on the web just yet — You can't host rooms yourself on the web just yet, though — You'll be able to join Twitter's Clubhouse-like Spaces from desktop and mobile web browsers starting Wednesday … | Ari Levy / CNBC: |
Snowflake says it no longer has an HQ, and designates Bozeman, Montana, where its CEO and CFO live, as its executive office, because it's required by the SEC — - Snowflake said in its earnings release on Wednesday that it no longer has a corporate headquarters, as its workforce is “globally distributed.”| Jordan Novet / CNBC: |
| Cristiano Lima / Politico: |
Facebook says it will no longer take down posts that claim COVID-19 was man-made, following renewed debate about the origins of the virus — Facebook will no longer take down posts claiming that Covid-19 was man-made or manufactured, a company spokesperson told POLITICO on Wednesday … | Jay Peters / The Verge: |
Clubhouse hires Justin Uberti, a Google engineer who created the WebRTC standard, Google Duo, and led engineering for Stadia, as head of streaming technology — Justin Uberti is joining Clubhouse — Clubhouse has hired Justin Uberti, creator of the WebRTC standard and the Google Duo video chat app.| Dan Goodin / Ars Technica: |
Researcher details a WebKit flaw, which can lead to a RCE exploit, that remains unpatched by Apple despite the availability of an open source fix for 3 weeks — WebKit bug that was fixed upstream has yet to find its way into Apple products. — Apple has yet to patch a security bug found … | Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to increase its market share by 3% points while Samsung grew 27% YoY — - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.| Kate Rooney / CNBC: |
Savings and investing app Acorns is merging with a SPAC to go public in a deal that values Acorns at roughly $2.2B, more than double its last private valuation — - Acorns will merge with with Pioneer Merger Corp., a publicly traded special purpose acquisition company.| Karan Deep Singh / New York Times: |
Twitter criticizes the Indian government's “intimidation tactics” and says it will push for changes to regulations that give it more authority over online media — The social media platform criticized what it called “intimidation tactics,” saying it would push back on new rules … | Jeff John Roberts / Decrypt: |
PayPal to add third-party wallet transfer support, allowing users to send bitcoin to PayPal and Venmo users as well as to Coinbase and outside crypto wallets — PayPal created a stir in the crypto markets last year when it announced its millions of users could buy and sell Bitcoin.| Kurt Wagner / Bloomberg: |
Facebook says it will limit the distribution of all posts from personal accounts that routinely spread misinformation — Facebook Inc. will begin doling out harsher punishments for individual accounts that repeatedly share false or misleading posts, an expansion of the social network's efforts to crack down on misinformation.| Elizabeth Dwoskin / Washington Post: |
| Dean Takahashi / VentureBeat: |
Nvidia beats with record Q1 revenue of $5.66B, up 84% YoY, with Gaming revenue of $2.76B, up 106% YoY, and Data Center revenue of $2.05B, up 79% YoY — Nvidia reported revenues of $5.66 billion for its first fiscal quarter ended May 2, up 84% from a year earlier. Gaming revenue grew 106% to $2.76 billion.| Marty Swant / Forbes: |
Mozilla resumes Instagram ads to educate users on targeted advertising, three years after pausing ads on Facebook and Instagram over data privacy issues — More than three years after pausing its advertising on Facebook and Instagram over data privacy issues, Mozilla is starting to spend again on Instagram … | Natasha Lomas / TechCrunch: |
Ada Health, which offers an AI-driven symptom assessment app for patients, raises $90M Series B led by Leaps by Bayer — The digital health space continues cooking on gas: Berlin-based Ada Health has closed a $90M Series B round of funding led by Leaps by Bayer, the impact investment arm … | Andrew J. Hawkins / The Verge: |
Lime rolls out Lime Prime, a $5.99/month subscription that waives the unlock fee or, in markets with no unlock fees, gives riders a 25% off discount on rides — Poet, didn't know it — Lime is rolling out a new monthly subscription service for its electric scooters that's called — no joke — Lime Prime.| John Hopewell / Variety: |
HBO Max shares details of its June 29 launch in Latin America and the Caribbean, at a starting price of $3/month, including UEFA Champions League soccer games — Presenting its plans for Latin America on Wednesday at an online pre-launch presentation, HBO Max may have just given an inkling … | Brian Armstrong / The Coinbase Blog: |
Coinbase CEO Brian Armstrong announces Fact Check, a section of the Coinbase blog to combat misinformation and mischaracterizations about Coinbase or crypto — Every tech company should go direct to their audience, and become a media company. — As Coinbase and the cryptoeconomy grow … | Aimee Chanthadavong / ZDNet: |
Lenovo reports revenue of $60B for FY20, up 20% YoY, net income of $665M, up 77% YoY, and says Q4 was its “fastest growing quarter in almost a decade” — Lenovo has celebrated what it has dubbed as achieving ‘historic highs’ for FY21. — Lenovo Group has seen revenue surge past …
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| Hartley Charlton / MacRumors: |
| Patrick Sykes / Bloomberg: |
| Jay Peters / The Verge: |
| Annie Palmer / CNBC: |