Techmeme
May 4, 2022, 9:35 AM

Top News

Wall Street Journal:
Sources: Elon Musk told potential investors in his Twitter deal he plans to stage an IPO of the company in as little as three years after taking it private  —  Tesla chief has been speaking to investors including private-equity firms about participating in deal
Matt Milano / Android Authority:
Samsung unveils Universal Flash Storage 4.0, claiming double the speed of UFS 3.1, making it ideal for 5G phones, and sets mass production for Q3 2022  —  5G smartphones are about to get much faster.  —  TL;DR  — Samsung's UFS 4.0 flash storage will offer twice the performance of 3.1.
Paul Vigna / Wall Street Journal:
NonFungible: NFT sales fell 92% to a ~19K daily average this week from a ~225K peak in September 2021; active wallets fell 88% to ~14K from a November 2021 high  —  Is this the beginning of the end of NFTs?  —  1x  —  The NFT market is collapsing.  —  The sale of nonfungible tokens …
Juli Clover / MacRumors:
Twitter tests Twitter Circle, a feature for sharing tweets with up to 150 people, rather than publicly, similar to Instagram's Close Friends sharing option  —  Twitter today announced that it is testing a new Twitter Circle feature, which is designed to allow people to share their tweets with a smaller crowd.
Joseph Cox / VICE:
SafeGraph says it will stop selling the location data of visitors to Planned Parenthood and other family planning centers “to curtail any potential misuse”  —  The move comes after Motherboard found it was possible to buy data showing how many people visited Planned Parenthood locations …
Kyle Wiggers / TechCrunch:
Tailscale, which provides an enterprise mesh VPN service built on the open source WireGuard protocol, raises a $100M Series B at a $1B+ valuation  —  Zero trust security is an emerging paradigm in enterprise IT.  It means that no one is trusted by default from inside or outside a network …
Kif Leswing / CNBC:
AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY  —  - AMD reported first quarter earnings after the bell on Tuesday.  — AMD's results on Tuesday suggest that the chipmaker …
Jackie Davalos / Bloomberg:
Lyft reports Q1 revenue of $875.6M, up 44% YoY, vs $844.5M est., and a net loss of $196.9M, but misses on 17.8M active riders, vs 18M expected; stock down 25%+  —  Lyft Inc. slumped 26% after it gave a forecast for the current quarter that missed analysts' estimates as the company plans …

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Earlier Picks

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