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Techmeme
April 19, 2022, 6:50 PM
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Emily McCormick / Yahoo Finance:
Netflix reports losing 200K subscribers in Q1, vs. 2.5M net additions est., and revenue of $7.87B, vs. $7.95B est.; the stock is down 25%+ after hours  —  Netflix (NFLX) reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market.
Todd Spangler / Variety:
Netflix estimates that its users are sharing passwords with 100M+ non-paying households globally, including 30M+ in the US and Canada, in violation of its rules  —  There's a whole lot of password-sharing going on across Netflix's customer base — and the streaming giant is eager to pocket …
Wall Street Journal:
Sources: Twitter is expected to rebuff Musk's bid in the coming days; Apollo Global is considering participating in a bid, as are Morgan Stanley and Thoma Bravo  —  Elon Musk's $43 billion pitch has put the social-media company in play  —  Apollo Global Management is considering participating …
Matt Levine / Bloomberg:
A look at corporate raider tactics requiring 51% of a company's stock, which tend to treat remaining minority shareholders poorly, amid Twitter's “poison pill”
Ryan Browne / CNBC:
Robinhood revives its UK expansion plans and agrees to acquire crypto app Ziglu, one of the few crypto companies to secure Financial Conduct Authority approval  —  - Robinhood has agreed to buy Ziglu, a London-based fintech app that lets users trade bitcoin and several other cryptocurrencies.
Mike Masnick / Techdirt:
A new study that specifically looked at political speech suggests Twitter's content moderation is biased against agreed-upon misinformation, not conservatives  —  from the if-you-don't-want-to-get-banned-stop- sharing-bullshit dept  —  Behold!  An actually interesting academic study exploring whether …
Samantha Cole / VICE:
Google's automated “inclusive warning” on Docs is very broken and annoying, like suggesting “landlord” may not be inclusive but making no notes about the N-word  —  A feature rolling out this month uses algorithms to suggest edits in Google Docs, but falls into the same bias traps it's trying to prevent.
MIT Technology Review:
A look at AI-powered surveillance in South Africa, powered by CCTV cameras, video analytics, and fiber internet; Vumacam operates 5,000+ cameras in Johannesburg  —  The cameras are not there yet.  But the fiber already is.  —  Thami Nkosi points to the telltale black box atop a utility pole …
Alastair Gale / Wall Street Journal:
Russia's war in Ukraine revives internet connectivity fears among some Asia-Pacific countries, should China sever undersea cables as part of an attack on Taiwan  —  Kyiv's successful use of internet to counter Moscow highlights Taiwan's reliance on undersea internet cables that China could cut
Umar Shakir / The Verge:
DuckDuckGo CEO Gabriel Weinberg says reports of the search engine removing piracy websites are “made up” and says its site:operator function is having issues  —  Blank site search results for The Pirate Bay gave users reason to believe otherwise
Kyle Wiggers / TechCrunch:
Demostack, which offers a “demo experience” service for SaaS sales teams, raises a $34M Series B led by Tiger Global, bringing its total funding to $51.5M  —  Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, April 19, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
Trump names Danielle Thumann, an adviser to FCC Chairman Brendan Carr, to serve as an FCC commissioner; if confirmed, she'd bring the Republican majority to 3-1

Dade Hayes / Deadline:
Scripps' CEO says the company is adopting a streaming news model enabled by AI, including cutting 12% of staff, and praises the FCC's lift of the ownership cap

Ted Johnson / Deadline:
A federal judge has dismissed an antitrust challenge to Paramount's WBD acquisition brought by a group of consumers, but allows them to file a revised complaint

More News

Earlier Picks

Jessica Lyons Hardcastle / The Register:
Microsoft increases bug bounty payouts for Office 365 bugs with “the highest potential impact on customer privacy and security” by up to $26K more, or 30%
Taylor Locke / Fortune:
Moonbirds, an NFT collection of digital owls by Kevin Rose's Proof Collective, a group of 1K NFT collectors whose membership costs ~$285K, made $281M+ in sales
Kif Leswing / CNBC:
Apple employees unionizing at Grand Central Terminal store want a $30/hour minimum pay, tuition reimbursement, more vacation time, and better retirement options
Sarah Perez / TechCrunch:
Code on Twitter's site reveals how an upcoming Edit button could work: by making a new tweet with the updated content and listing the old tweets before the edit
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