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May 4, 2022, 11:20 AM
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Top News

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 …
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.
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.
Megan Graham / Wall Street Journal:
Publicis will acquire Profitero, which provides e-commerce software and analytics to over 4,000 brands, sources say for about $200M  —  Advertising holding companies are increasingly helping marketers reach and sell consumers directly online  —  French advertising holding company Publicis Groupe SA …
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 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.

From Mediagazer

Alex Weprin / The Hollywood Reporter:
WBD sues the NBA over the league's “unjustified” decision to sell a package of media rights to Amazon, to which WBD claims to have a “contractual right”

Bron Maher / Press Gazette:
Mail Online, The Independent, Daily Mirror, and Daily Express roll out “consent or pay” walls charging users £1.99 to £4 per month for cookie-less access

Etan Vlessing / The Hollywood Reporter:
Charter lost 393K residential pay TV subscribers in Q2, compared to a loss of 189K in Q2 2023; overall video customers were 13.3M, down 9.5% YoY

More News

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

Earlier Picks

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 30%+
Reuters:
Match Group Q1: revenue of $799M, up 20% YoY, vs $794M est., operating income up 10% YoY to $208M; Zynga President Bernard Kim named CEO, replacing Shar Dubey
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
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
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
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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