Techmeme
May 4, 2022, 3:50 PM

Top News

Stephen Totilo / Axios:
NYC employees' pension funds sue Activision Blizzard, alleging CEO Bobby Kotick rushed the Microsoft deal to escape liability for misconduct at his company  —  Activision CEO Bobby Kotick rushed to secure a takeover bid from Microsoft in order to escape liability for misconduct at the company …
Jessica Bursztynsky / CNBC:
Uber Q1: revenue up 136% YoY to $6.85B, a $5.9B net loss due to equity investments, gross bookings up 35% to $26.4B, and mobility revenue beat delivery revenue  —  - Uber reported first-quarter earnings before the bell Wednesday.  — Mobility revenues have finally surpassed delivery revenues, as travel rebounds.
Kyle Alspach / Protocol:
GitHub plans to require two-factor authentication for developers who contribute code by the end of 2023; ~16.5% of active GitHub users currently use 2FA  —  GitHub announced that it will require developers who contribute code to the repository to use two-factor authentication by the end of 2023 …
Greg Iacurci / CNBC:
Intuit will pay $141M in restitution to ~4.4M US customers who were charged for using the TurboTax Free Edition, in a settlement with all 50 states and DC  —  - Intuit, which owns TurboTax, has agreed to pay $141 million in restitution to 4.4 million low-income customers who were charged …
Benjamin Pimentel / Protocol:
Nilay Patel / The Verge:
A Q&A with Tony Fadell on his new book, Google's “culture of perks”, why he says “fuck the metaverse”, creating and selling the iPod, iPhone, and Nest, and more  —  Tony Fadell was instrumental in the development of the iPod and iPhone at Apple and then co-founded Nest Labs …
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 …
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 …

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Earlier Picks

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