Techmeme
April 20, 2022, 2:45 PM

Top News

Emily McCormick / Yahoo Finance:
Netflix reports losing 200K net subscribers in Q1, vs. an estimated 2.5M net additions, and $7.87B revenue, vs. $7.95B est.; Netflix stock drops 35%+  —  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.
Alex Weprin / The Hollywood Reporter:
Todd Spangler / Variety:
Yogita Khatri / The Block:
Coinbase launches its NFT marketplace in beta with Ethereum-based NFTs and ETH payments; 1.5M+ joined the waitlist after the service's unveiling in October 2021  —  Quick Take Coinbase NFT has gone live in beta form.  It currently supports Ethereum-based NFTs and payments in ETH.
New York Times:
A decade-long timeline of investors warning of a tech startup bubble that never burst; instead of collapsing, more money poured in, and things got bubblier  —  The venture capitalists are sounding the alarm.  At posh conferences, they buzz about falling valuations for start-ups.
Bloomberg:
Google and Meta restrict the accounts of Hong Kong's sole chief executive candidate, John Lee, citing US sanctions from 2020 on Lee for crushing protests  —  Google and Meta Platforms Inc. moved on Wednesday to curtail the social media presence of Hong Kong's sole chief executive candidate …
Lauren Hirsch / New York Times:
Sources: Elon Musk is evaluating various debt packages to secure financing for his Twitter bid, including preferred debt and a loan against his Tesla shares  —  The world's richest man is trying to shore up debt financing, including potentially taking out a loan against his shares of Tesla, so he can buy Twitter for $43 billion.
Financial Times:
Canalys:
Global smartphone shipments fell 11% in Q1 2022; Samsung grew its market share from 22% to 24%, Apple gained from 15% to 18%, and Xiaomi dipped from 14% to 13%  —  Worldwide smartphone shipments fell 11% amid unfavorable economic conditions and sluggish seasonal demand in the first quarter of 2022.
David Pierce / The Verge:
Brave browser introduces De-AMP, a feature which bypasses Google-hosted AMP pages and takes users straight to the original website  —  Yet another nail in the AMP coffin  —  Brave announced a new feature for its browser on Tuesday: De-AMP, which automatically jumps past any page rendered …
Maddie Stone / Project Zero:
Google's Project Zero: 58 in-the-wild 0-days were detected and shared in 2021, more than double the previous record, as the industry improves at finding 0-days  —  A Year in Review of 0-days Used In-the-Wild in 2021  —  This is our third annual year in review of 0-days exploited in-the-wild [2020, 2019].
Ivan Levingston / Bloomberg:
Just Eat Takeaway says it is exploring a partial or full sale of Grubhub, less than one year after buying it for $7.3B  —  Just Eat Takeaway.com NV said it's considering a partial or full sale of its Grubhub unit less than a year after buying it for $7.3 billion, in a reversal that highlights …
Kyle Alspach / VentureBeat:
Okta's probe into the January Lapsus$ breach of a third-party vendor concludes that it lasted only 25 consecutive minutes and impacted just two active customers  —  Okta said Tuesday that a forensic investigation that it commissioned found that the hacker group Lapsus$ accessed …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:45 PM ET, April 20, 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.

More News

Dan Gallagher / Wall Street Journal:

Earlier Picks

Ryan Browne / CNBC:
Jordan Novet / CNBC: