| Cat Zakrzewski / Washington Post: |
A live blog of TikTok CEO Shou Zi Chew's testimony before Congress, as he attempts to address national security concerns over ByteDance's ownership of the app — TikTok CEO Shou Zi Chew will attempt to address lawmakers' worries that the extraordinarily popular video app represents a dangerous national security threat.| Ryan McMorrow / Financial Times: |
China “firmly opposes” a forced sale of TikTok, warning the move would involve “technology export” and would “seriously damage” investor confidence in the US — Intervention by commerce ministry comes ahead of social media app chief's appearance at US Congress| Lauren Feiner / CNBC: |
TikTok CEO Shou Zi Chew tells Congress that “after Project Texas is done” no China-based ByteDance employee will have access to US TikTok data — - TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.| Stu Woo / Wall Street Journal: |
A profile of TikTok CEO Shou Zi Chew, a Singaporean army reservist and an ex-Goldman Sachs banker, as he defends TikTok before a skeptical Congress — Singapore army reservist and ex-Goldman banker says misconceptions about Chinese-owned app need to be clarified — How TikTok Could Become a U.S. Company| Washington Post: |
| Reuters: |
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user counts and understated customer acquisition costs — Hindenburg Research said on Thursday it held short positions in Block Inc (SQ.N), alleging that the Jack Dorsey-led payments firm overstated … | Bloomberg: |
Sources: Apple plans to spend $1B/year to produce movies for large-scale theatrical release, a big increase from years past, seeking to grow awareness of TV+ — Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar … | Giles Turner / Bloomberg: |
Sources: Apple considers bidding for the streaming rights to a range of English soccer games, including showing Premier League games in the UK, following Amazon — Apple Inc. is considering bidding for the streaming rights to a range of English football games, according to people familiar … | CNBC: |
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+ — - The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.| Nikhilesh De / CoinDesk: |
| CoinDesk: |
Montenegro's Interior Minister says police detained a person suspected to be Terraform Labs co-founder Do Kwon at Podgorica's airport with falsified documents — The announcement was made by the minister of interior Filip Adzic. — Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.| Adi Robertson / The Verge: |
The FTC proposes a ban on difficult-to-cancel subscriptions, with new “click to cancel” rules requiring companies to make canceling as simple as subscribing — The US Federal Trade Commission is proposing a formal ban on subscriptions that are simple to start but difficult to stop.| Tom Warren / The Verge: |
YouTube channel Linus Tech Tips was hacked on Thursday and started posting videos for crypto scams, the latest in a series of crypto scam breaches on YouTube — Popular YouTube channel Linus Tech Tips has been hacked this morning, with the channel's 15.3 million subscribers seeing videos … | OpenAI: |
OpenAI rolls out ChatGPT plugins, starting with a web browser and a code interpreter, and open sources the code for a knowledgebase retrieval plugin — We've implemented initial support for plugins in ChatGPT. Plugins are tools designed specifically for language models with safety as a core principle … | Financial Times: |
Sources: Arm seeks to raise prices for its chip designs by charging device makers based on the value of a device instead of chipmakers based on a chip's value — SoftBank-owned group aims to charge more for each chip design in radical shake-up of business model| Meta: |
WhatsApp announces an updated Windows app, which loads faster and enables group video calls with up to eight people and audio calls with up to 32 people — Today, we're introducing a new WhatsApp app for Windows that loads faster and is built with an interface similar to the mobile version of the app.| Akash Sriram / Reuters: |
Sam Altman says OpenAI has fixed a “significant issue” in ChatGPT after a bug in an open-source library let some users see titles of other users' chat history — ChatGPT-owner OpenAI said on Wednesday it had fixed a bug that caused a “significant issue” of a small set of users … | Ivan Mehta / TechCrunch: |
Snap unveils AR Enterprise Services, offering its AR Lenses and Filters to businesses, and says 250M+ people out of 375M DAUs engage with AR on Snapchat daily — Snap users are already quite familiar with the company's expertise in AR thanks to Lenses and Filters.
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| Chavi Mehta / Reuters: |
| Cade Metz / New York Times: |