Techmeme
May 8, 2022, 1:15 AM

Top News

New York Times:
Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Zoë Schiffer / @zoeschiffer:
Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that “more flexibility would have been the best policy”  —  Ian Goodfellow, Apple's director of machine learning, is leaving the company due to its return to work policy. In a note to staff, he said “I believe strongly that more flexibility would have been the best policy for my team.” He was likely the company's most cited ML expert.
Zachary Boddy / Windows Central:
More than 12 hours after a significant Xbox Network outage, some players are still facing issues with purchases, launching games, and cloud gaming sessions  —  Xbox consoles are temporarily a lot less useful for gaming.  —  Update, May 7, 2022, at 7:45 p.m. CT: The Xbox Network is facing …
WABetaInfo:
WhatsApp announces Message Reactions, support for sharing files up to 2GB in size, and is rolling out the ability to add up to 512 people to a group  —  Like Love Haha Wow Sad Angry  —  After announcing to release the ability to react to messages to everyone on the latest versions of WhatsApp for Android …
Financial Times:
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based  —  Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer  —  High in a Shenzhen office tower …
Bill Toulas / BleepingComputer:
UK sanctions Baikal Electronics and MCST, Russia's most important chipmakers, denying them access to the ARM architecture  —  The UK government added 63 Russian entities to its sanction list on Wednesday.  Among them are Baikal Electronics and MCST (Moscow Center of SPARC Technologies), the two most important chip makers in Russia.
Olga Kharif / Bloomberg:
As decentralized crypto bridges prove susceptible to hacks, with ~$1B stolen in February and March, centralized exchanges are rushing out bridge-like features  —  High-profile hacks on crypto “bridges” — which let users swap digital tokens across blockchains — are creating opportunities …

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