Techmeme
May 4, 2022, 7:40 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
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 …
Joseph Cox / VICE:
Investigation: for $160+, SafeGraph sells a week's worth of data on visitors of 600+ Planned Parenthood locations, including where they came from and went after  —  It costs just over $160 to get a week's worth of data on where people who visited Planned Parenthood came from, and where they went afterwards.
Joseph Cox / VICE:
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.
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.
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 …
Will Douglas Heaven / MIT Technology Review:
Meta's AI lab creates Open Pretrained Transformer, a language model trained with 175B parameters to match GPT-3's size, and gives it to researchers for free  —  Meta's AI lab has created a massive new language model that shares both the remarkable abilities and the harmful flaws of OpenAI's pioneering neural network GPT-3.
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 …
Jessica Bursztynsky / CNBC:
Airbnb Q1: nights and experiences up 59% YoY to 102.1M, vs 100.9M est., revenue up 70% YoY to $1.51B, vs $1.45B est., and a $19M net loss, down from $1.2B YoY  —  - Airbnb is expecting a strong summer as travel continues to rebound from the coronavirus pandemic.

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
9 Proven customer engagement strategies for entrepreneurs to boost sales and enhance customer support  —  Starting a business is one of the most rewarding things you can do, but in the current competitive business landscape …
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Thu. 01/26 - Where Is The Line Going For Tech Right Now?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, May 4, 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

Meir Orbach / CTech:
Reuters:

Earlier Picks

Wall Street Journal:
Andrew Liszewski / Gizmodo: