| 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 timeline of warnings from investors over the past decade about a tech startup bubble that never burst; instead of a collapse, things got bubblier — The venture capitalists are sounding the alarm. At posh conferences, they buzz about falling valuations for start-ups.| Nikkei Asia: |
Analysis: half of Apple's top 200 suppliers have facilities in and around Shanghai, where China's COVID-19 lockdowns are disrupting activity — slong COVID lockdown in Shanghai is creating chaos for Apple suppliers based in and around the city. (Source photos by Getty Images and Reuters) … | Lauren Hirsch / New York Times: |
Sources: Elon Musk is evaluating various debt packages, including preferred debt and a loan against his shares of Tesla, to secure financing for his Twitter bid — 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: |
| 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 … | Canalys: |
| 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].| 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 … | 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 $7.3 billion, in a reversal that highlights … | Alex Weprin / Hollywood Reporter: |
Netflix earnings show that Disney, Paramount, and other companies that reorganized around streaming video have to grapple with consistent subscriber churn — The entire entertainment industry is watching to see what happens as the streaming giant throws everything it has at the wall.| Kyle Alspach / VentureBeat: |
Okta's probe into the January Lapsus$ 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 … | David Pierce / The Verge: |
Zoom adds gesture recognition support for giving a thumbs-up or a raised hand emoji to its desktop app, after adding it to its iPad and iPhone apps last summer — So you can raise your hand, by raising your hand — Zoom's reaction emoji are one of the platform's handiest features … | Nicole Carpenter / Polygon: |
Microsoft's Chris Novak, currently head of Xbox R&D, is leaving after nearly 20 years; Novak has previously worked on Xbox Game Pass and Live — From Xbox design director, to architect, to leading Xbox research and design — If you've subscribed to Game Pass or obsessed over Xbox achievements … | Dan Gallagher / Wall Street Journal: |
FactSet survey of Q1 ad revenue: Google is expected to rise 23% YoY to $55.1B, Meta is expected to rise 8% YoY to ~$27.5B, and Twitter to grow 25% YoY to $1.1B — Google's search business expected to stay resilient while social platforms grapple with challenges| Peter Wayner / VentureBeat: |
D-Matrix, which is building its chiplet-based Nighthawk architecture for faster matrix math calculations, raises a $44M Series A led by Playground Global — Today, D-Matrix, a company focused on building accelerators for complex matrix math supporting machine learning, announced a $44 million series A round.
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| Ryan Browne / CNBC: |
| Jordan Novet / CNBC: |