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May 4, 2022, 5:45 PM
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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 …
Chris Welch / The Verge:
Sources: Sonos plans to launch a voice assistant for playing music in the US on June 1 that supports Apple Music, Amazon Music, Pandora, Deezer, and Sonos Radio  —  Sonos will roll out its most important service yet on June 1st  —  Sonos is preparing to introduce its own voice assistant service within …
Greg Iacurci / CNBC:
Intuit agrees to pay $141M in restitution to nearly 4.4M US customers 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 …
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 …
Sarah Perez / TechCrunch:
TikTok plans to launch Pulse, its first ad product with revenue sharing, in June 2022, offering US creators and publishers with 100K+ followers a 50/50 split  —  TikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands' content next to the best videos on TikTok.
Benjamin Pimentel / Protocol:
Governor Newsom signs an EO to “create a transparent regulatory and business environment for Web3 companies”, directing state agencies to recommend next steps  —  California, home to crypto powerhouses like Coinbase and Ripple, is taking Web3 more seriously.
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 …
Chris Ciaccia / Seeking Alpha:
Twilio Q1: revenue up 48% YoY to $875.4M, a $217.8M loss from operations, vs $197.3M YoY, 268K active customer accounts, up from 235K YoY, and slowing Q2 growth  —  Twilio (NYSE:TWLO) shares rose 5% after the customer engagement software company posted first-quarter results that beat expectations …
More: Twilio
Kyle Wiggers / TechCrunch:
Tailscale, which offers an enterprise mesh VPN service on the open-source WireGuard protocol, raises a $100M Series B at a $1B+ valuation led by CRV and Insight  —  Zero trust security is an emerging paradigm in enterprise IT.  It means that no one is trusted by default from inside or outside …

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This is a Techmeme archive page. It shows how the site appeared at 5:45 PM 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.

From Mediagazer

Jake Kanter / Deadline:
Sources: new Doctor Who episodes are likely to remain off TV until at least 2028; the BBC says it will use a competitive process to find producers for Season 16

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

Corbin Bolies / Variety:
Lionsgate and gen-AI company Runway expand their partnership, giving Lionsgate an equity stake in Runway and launching a program to develop and produce new IP

More News

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”

Earlier Picks

Meir Orbach / CTech:
Imagene AI, whose AI tech can help detect cancerous biomarkers directly from a digitized biopsy image, raises a $18.5M Series A from Larry Ellison and others
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
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
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
Wall Street Journal:
The SEC plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, created in September 2017 to investigate fraud, taking it to 50 staff
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