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May 27, 2021, 9:50 PM
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| 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
More:
Eurogamer.net, TNW, Protocol, Pocketnow, Gamasutra, KnowTechie, Techaeris, Laptop Mag, Mashable, Micky, SlashGear, Input, Polygon, SegmentNext, GamesIndustry.biz, OnMSFT.com, HotHardware.com News, Insider, MUO, Digital Trends, iPhone in Canada Blog, Forbes, SamMobile, GameSpot, TechSpot, PCMag, dexerto.com, iMore, techadvisor.com, GameRevolution, XDA Developers, Ubergizmo, VG247, Game Rant, Pocket-lint, Dot Esports, Neowin, and Tom's Guide
Tweets: @kopter__, @futterish, @crazyreyn, @casey, @glassreflection, @wario64, and @archiegee64
| Joseph Cox / VICE: |
Sources detail Citizen's efforts to cash in on vigilantism, including flooding users with notifications to make them anxious enough to buy its premium service — Internal documents, messages, and roadmaps show how crime app Citizen is pushing the boundary of what a private, app-enabled vigilante force may be capable of.
More:
Gizmodo, Input, CBS News, and CNN
Tweets: @jason_koebler, @caseynewton, @jayrosen_nyu, @david_j_roth, @metalgearobama, @johndiesattheen, @longwall26, @murderxbryan, @iboudreau, @docsquiddy, @emanuelmaiberg, @mountain_goats, @caseynewton, @josephfcox, @narcomania, @groundgamela, @davidbix, @mjgault, @williamturton, @writhing_south, @brianmcc, @josephfcox, @josephfcox, @jeffvandermeer, @lorenzofb, @mhbergen, @tomwarren, @rothschildmd, @timmarchman, @baddestmamajama, @zenalbatross, @lorenzofb, @daithaigilbert, @isosteph, @flexlibris, @broderick, @alan_maguire, @samaugustdean, @katiedrumm, @caseyho, @mikeptraffic, @alexdecampi, and @samleecole
| Juli Clover / MacRumors: |
Twitter Blue, Twitter's anticipated $2.99 monthly subscription tier, is now listed as an option in the iOS App Store, despite the feature not being live in-app — Twitter appears to have mistakenly confirmed its plans to launch a new subscription tier called “Twitter Blue,” with the new purchase option now listed in the iOS App Store.
More:
iThinkDifferent, AppleInsider, 9to5Mac, Engadget, CNET, Digital Trends, SlashGear, Ubergizmo, Pocket-lint, iPhone in Canada Blog, iMore, iPhone Hacks, and MSPoweruser
Tweets: @wongmjane, @modestproposal1, @scottmadin, @5tu, @teenstepdilf, @jamesdleech, @rjonesy, @compound248, @imore, and @profjeffjarviss
| Matthew Gault / VICE: |
Amazon introduces coffin-sized AmaZen meditation booths in which warehouse employees can watch company videos about mindfulness to deal with stress — The AmaZen meditation booth is a small room where employees can watch company videos about mindfulness while a small fan moves the air around.
More:
Gizmodo, The Guardian, and The Daily Dot
Tweets: @amazonnews, @chick_in_kiev, @outseide, @destroyed4com4t, @talkpoverty, @greenhousenyt, @raxkingisdead, @pt, @jahootsen, @broderick, @rmac18, @mikeduncan, @jennyenicholson, @nslayton, @j__liang, @johnbiggs, @stevekovach, @karengeier, @josephnsanberg, @anthropunk, @tomaxwell, @sjmelchor, @roseofwindsong, @classiclib3ral, @hypervisible, @bigblackjacobin, and @patrickcsisson
| Adrian Kingsley-Hughes / ZDNet: |
Acer unveils four new Chromebooks, including an industry-first 17.3-inch Chromebook, available in June, with prices starting at $380 — There's also a big emphasis on enterprise Chromebooks., a whole raft of other new hardware, and a commitment to 100 percent renewable energy use.
More:
Acer's pressreleases, Windows Experience Blog, CNET, The Verge, BetaNews, Gizmodo, androidauthority.com, Thurrott, Neowin, TalkAndroid.com, Droid Life, Laptop Mag, Phandroid, Android Authority, TechSpot, TechRadar, Chrome Unboxed, Android Headlines, and Engadget
Tweets: @cnet, @caseynewton, and @laughing_man
| Sujeong Lim / Counterpoint Research: |
Global smartwatch shipments rose 35% YoY in Q1 2021; market leader Apple grew 50% YoY to raise its market share by 3 percentage points and Samsung grew 27% YoY — - Apple registers a healthy 50% annual growth, capturing a third of the smartwatch market in terms of volumes.
More:
IDC, Ars Technica, iPhone Hacks, MacRumors, Cult of Mac, Redmond Pie, Wccftech, TechSpot, Forbes, CNET, iPhone in Canada Blog, iThinkDifferent, 9to5Mac, India Today, The Indian Express, NDTV Gadgets 360, Patently Apple, and iMore
Tweets: @samguichelaar, @jonyiveparody, @jiteshubrani, and @counterpointtr
| Natalie Gagliordi / ZDNet: |
Box beats expectations with Q1 revenue of $202.4M, up 10% YoY, compared to expected $200.4M, Q1 billings were $159.4M, up 24% YoY, expects Q2 revenue of ~$212M — On a non-GAAP basis, Box's EPS was 18 cents on top of $202.4 million in revenue, up 10% year over year.
More:
TechCrunch, SiliconANGLE, and Box, Inc.
| Jordan Novet / CNBC: |
More:
MarketWatch, ZDNet, Investor's Business Daily, and Bloomberg
Tweets: @cnbc, @jordannovet, @mattrosoff, @salesforce_ir, and @salesforce_ir
| Catalin Cimpanu / The Record: |
FBI says a foreign nation-state hacking group breached a US municipal government via an unpatched Fortinet VPN appliance — The Federal Bureau of Investigation said today that foreign hackers had breached the network of a local US municipal government after exploiting vulnerabilities in an unpatched Fortinet networking appliance.
More:
BleepingComputer, ZDNet, FBI, Cyber Division, Security Affairs, and StateScoop
Tweets: @uuallan and @campuscodi
| Eric Newcomer / Newcomer: |
Sources: a16z is targeting $2B for its third crypto fund; a16z raised $515M for its second crypto-focused fund in 2020 — Andreessen Horowitz's third crypto fund is in talks to raise $2 billion. — Andreessen Horowitz is in the process of tripling down on crypto, raising its third crypto fund since 2018.
Tweets: @mattzeitlin, @jon_ftx, and @ericnewcomer
| 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 — In April 2019, amid growing questions about the effects of social networks on mental health, Instagram announced it would test a feed without likes.
More:
TechSpot. Tweets: @mosseri, @hamburger, @hamburger, @hamburger, @andrewontheweb, @sarkar_swati, @marshacollier, @mattyglesias, @oliverdarcy, and @caseynewton
| Joel Rosenblatt / Bloomberg: |
Four former Google employees earn class action status from CA judge in gender pay gap lawsuit against the company; over 10,800 women will seek $600M+ in damages — - Suit represents 10,800 women seeking more than $600 million — Company said it has spent eight years making sure pay is fair| Mark Bergen / Bloomberg: |
Google announces new tools and partnerships with Shopify, Square, GoDaddy, and WooCommerce to help merchants sell more easily in Search, Maps, and YouTube — - Sellers on Square, GoDaddy will get access to Google features — Marriage of Google and Shopify centers on two executives
More:
The Keyword, PYMNTS.com, ZDNet, Search Engine Land, and 9to5Google
Tweets: @googleads, @harleyf, @williamready, and @ginnymarvin
| 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 …
More:
The Economic Times, VICE, Bloomberg, BBC, The Hill, BGR India, Inc42 Media, Candid.Technology, Variety, and The Economic Times
Tweets: @vinay1011, @alok_bhatt, @alok_bhatt, @alok_bhatt, @cernovich, @refsrc, and @audreytruschke
| Adi Robertson / The Verge: |
Industry groups representing Google, Facebook, and others sue Florida over its new social media law, calling it a “frontal assault on the First Amendment” — Yes, the one with the theme park exception — Two tech industry organizations have sued Florida over its newly passed rules for social networks.
More:
CNN, USA Today, The Hill, Bloomberg Law, Florida Politics, CCIA, and NetChoice
Tweets: @netchoice, @netchoice, @adamkovac, @cendemtech, @netchoice, @netchoice, @cendemtech, @drjaneholland, @reckless, @wiseguysix, @arozenshtein, @davidafrench, and @krissiegel
| CNBC: |
Source: Swedish payments startup Klarna is close to raising a new round at a $40B+ valuation, after raising $1B at a $31B valuation in March — - Klarna, a European buy-now-pay-later company, is close to securing a new funding round at a valuation of more than $40 billion, according to a source familiar with the matter.
More:
Insider, FinLedger, SiliconANGLE, and PYMNTS.com
Tweets: @julie188, @sarthakgh, and @callumburroughs
| Alex Konrad / Forbes: |
Sources: TTYL, the company that created Poparazzi, is raising a Series A led by Benchmark that could swell up to $20M, at an implied valuation of $135M — Days after reaching the top of Apple's App Store, Poparazzi and founders Alex and Austen Ma are set to raise funding from venture capitalist investors …
More:
Newcomer and Crunchbase News
Tweets: @sarthakgh, @joshconstine, @caseynewton, @alexrkonrad, and @leahfessler. Thanks:@alexrkonrad
| Bloomberg: |
As China cracks down on its tech giants, Tencent, Alibaba, and Meituan warn investors they will invest heavily in AI, cloud computing, and autonomous vehicles — - Tencent, Alibaba plan to plow back incremental profits — Meituan is set to report wider losses as it boosts investment
Tweets: @hancocktom, @hodlnator, and @briefnorris
| 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.”
More:
SFGATE, Protocol, and Silicon Valley Business …
Tweets: @levynews, @rossdawson, @jordannovet, @carnage4life, @austen, @paulbohm, @mims, @katie_roof, @mylesudland, @maxniederhofer, @jrichlive, @artjonak, @amasad, and @quinnypig
| Stephanie Condon / ZDNet: |
VMware Q1: $2.99B revenue, up 9% YoY, Services revenue of $1.6B, Subscription and SaaS revenue of $741M, up 29% YoY; FY2022 revenue of $12.8B expected — Top and bottom line results were slightly ahead of market estimates, with subscription and SaaS revenue up 29 percent.
More:
SiliconANGLE, CRN, Business Wire, MarketWatch, and SDxCentral
| Jon Swartz / MarketWatch: |
HP beats with Q2 revenue of $15.9B, up 27.3% YoY, Personal Systems net revenue of $10.6B, up 27% YoY, Printing net revenue of $5.3B, up 28% YoY — HP Inc. shares initially sank 5% in extended-trading Thursday after the PC giant announced what has become a familiar pattern: notebook sales continue to thrive in the age of COVID.
More:
ZDNet, HP - Home, Wall Street Journal, CRN, Yahoo Finance, and TheStreet
| Ryan Mac / BuzzFeed News: |
Facebook told staff that it will resume political contributions via its PAC, but will not give to any lawmaker who voted against certifying the 2020 US election — Facebook is resuming political contributions through its political action committee, but will not give money to any members … | 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 …
More:
Windows Central and Thurrott
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Tweets: @theori_io, @tjbecker_, @alexjplaskett, and @campuscodi
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