April 19, 2023, 9:25 AM

Top News

Netflix Q1: revenue up 4% YoY to $8.16B, 1.8M paid net additions, vs. 2.06M est. and -0.2M in Q1 2022, and global streaming paid memberships up 5% YoY to 232.5M  —  Netflix Inc (NFLX.O) on Tuesday reported first-quarter revenue and earnings roughly in line with Wall Street expectations …
Sarah Krouse / Wall Street Journal:
Netflix plans to ship its last red DVD envelopes in September 2023, after 25 years of mailing shows and movies to subscribers and paving the way for streaming  —  Streaming service says U.S. password-sharing crackdown is coming soon  —  Netflix Inc. NFLX 0.29%increase …
Todd Spangler / Variety:
Jennifer Elias / CNBC:
Docs: Google plans to unveil the Pixel Fold on May 10, offering a 7.6" main screen, a 5.8" outside screen, and Tensor G2, launching in June for upward of $1,700  —  - Google is planning to launch its first foldable smartphone at upward of $1,700, making it the highest price-point product …
Shirin Ghaffary / Vox:
Internal memo: Meta will conduct another mass round of layoffs on April 19, a source says possibly in the range of 4,000 jobs, out of the planned 10,000  —  The company plans to lay off employees on Wednesday, according to sources.  —  Meta will conduct another mass round of layoffs on Wednesday …
The Verge:
Twitter quietly altered its hateful conduct policy to remove long-standing protections for transgender users, including prohibiting “misgendering or deadnaming”  —  Twitter has quietly altered its Hateful Conduct Policy to remove long-standing protections for its transgender users …
Jay Peters / The Verge:
Mark Gurman / Bloomberg:
Sources: Apple is developing VR apps and services for its upcoming headset across gaming, fitness, live sports, and collaboration, like FaceTime and Freeform  —  Apple Inc. is racing to build a trove of software and services for its upcoming mixed-reality headset, seeking to win …
Mike Isaac / New York Times:
Reddit plans to charge companies to access its API, which many have used to train AI tools; the API will stay free for developers building apps for Reddit users  —  The internet site has long been a forum for discussion on a huge variety of topics, and companies like Google and OpenAI have been using it in their A.I. projects.
M. Sriram / Reuters:
Natasha Lomas / TechCrunch:
The UK CMA opens a consultation after Google proposes letting developers use alternate payment methods for IAP and reducing its cut to settle an antitrust probe  —  Google has proposed letting developers offering apps through its UK Play mobile app store to have the option …
Chris Matthews / MarketWatch:
During a hearing, House Republicans grilled SEC Chairman Gary Gensler, who refused to state whether ether is a security, despite saying bitcoin is a commodity  —  SEC chief has argued laws clearly outline definition of security  —  House Republicans took aim at the nation's top markets regulator Tuesday …
Benj Edwards / Ars Technica:
Microsoft and Epic Systems partner to bring Azure OpenAI services, including GPT-4, to help automate some processes in Epic's electronic health record software  —  Generative AI promises to streamline health care, but critics say not so fast.  —  On Monday, Microsoft and Epic Systems announced …
Foo Yun Chee / Reuters:
The European Union strike a provisional deal for its ~$47B Chips Act, which aims to double the bloc's share of global chip output to 20% by 2030  —  The European Union on Tuesday agreed a 43 billion euro ($47 billion) plan for its semiconductor industry in an attempt to catch up with the United States …

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