| 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| 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.| 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: |
| 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.| 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.| 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 … | 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 … | Adrian Kingsley-Hughes / ZDNet: |
Acer unveils four new Chromebooks, incuding 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.| 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| 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| 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.”| 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.| 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.| 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 … | 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.| 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 … | 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 … | 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: |
| Varsha Bansal / Wired UK: |
As India opens the API for its CoWin vaccine booking system to all amid a devastating second wave, profiteers are mass-booking vaccine slots using bots — The Indian government made its booking API free to everyone. Bots, profiteers and automation have made it impossible for people to book slots| Margherita Beale / Forbes: |
Boston-based Perch, which acquires fast-growing Amazon businesses, raises $775M Series A led by SoftBank Vision Fund 2, bringing its total funding to $900M+ — Perch landed $775 million of investor funding that will make the 18-month-old startup one of the best-funded players chasing … | Reuters: |
BMW, Daimler, and Ford set up facilities in China to store data generated by their cars locally, as China plans new rules for automakers' handling of data — BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters … | 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 … | Anna Edgerton / Bloomberg: |
Internet groups warn Biden against adding Section 230 protections to trade deals, saying they undermine efforts to hold platforms responsible for user content — - Coalition asks Biden to eschew Section 230 language in accords — Provision in trade deals could limit U.S. policymaker options
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| Brian Armstrong / The Coinbase Blog: |
| Dean Takahashi / VentureBeat: |
| Jeff John Roberts / Decrypt: |
| Hartley Charlton / MacRumors: |
| Annie Palmer / CNBC: |