| Jane Zhang / Bloomberg: |
In a surprise move, Alibaba names Eddie Wu as CEO, replacing Daniel Zhang, and Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Cloud CEO — Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share … | Ivan Mehta / TechCrunch: |
After complaints about spam by Indian users, WhatsApp adds the ability to automatically silence calls from unknown numbers and a privacy checkup feature — WhatsApp has introduced a new feature to automatically silence calls from unknown numbers. This comes after multiple customers in India … | Gabriela Galindo / Wired: |
How Apple is trying to gain IP rights over depictions of apples globally, worrying the 111-year-old Fruit Union Suisse, which may need to change its logo — Apple, the company, wants rights to the image of apples, the fruit, in Switzerland—one of dozens of countries where it's flexing its legal muscles.| Javier Espinoza / Financial Times: |
Sources: EU antitrust regulators plan to launch a detailed investigation into Adobe's acquisition of Figma later in 2023, which may derail the $20B deal — Transaction faces lengthy antitrust probe in Brussels as global watchdogs signal concern over market consolidation| New York Times: |
GOP lawmakers target Wikimedia, Graphika, and others in a legal campaign, accusing them of colluding with the government to suppress conservative speech online — A legal campaign against universities and think tanks seeks to undermine the fight against false claims about elections, vaccines and other hot political topics.| Frank Chaparro / The Block: |
Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange — - FTX's bankruptcy estate paid $121.8 million in legal, consulting and financial services fees and expenses between February 1 and April 30 … | Patrick Coffee / Wall Street Journal: |
Celebrities, including aging star athletes, are signing deals to put AI duplicates of themselves into ad campaigns, helping brands de-age them, among other uses — Using AI-generated duplicates, brands also benefit, using stars in ways they never could before| Dean Takahashi / VentureBeat: |
PwC: US social and casual gaming revenue grew 3.6% YoY to $37.1B in 2022, representing 68.6% of game and esports revenue; traditional gaming revenue fell 0.8% — Total video games and esports revenue in the U.S. was $54.1 billion in 2022 and is forecast to reach $72.0 billion by $27 billion, according to a report by PwC.| Jon Pincus / The Nexus Of Privacy: |
Amid ongoing Reddit protests, decentralized link aggregation and discussion forum projects Lemmy and Kbin grow to a total of 70K+ MAUs and 1,000+ instances — Tens of thousands of people have signed up for KBin and Lemmy accounts since I first published Don't tell people “it's easy” … | Sabrina Ortiz / ZDNet: |
Vimeo announces AI tools to automate parts of the video creation process, including an AI script generator, a teleprompter, and a text-based video editor — Have you ever had a great video idea that you just never got to because of how much work was involved?| Tim Copeland / The Block: |
How kids are using hacked Discord servers or Twitter accounts and “NFT drainers” for phishing attacks to steal millions of dollars' worth of NFTs and tokens — - NFT drainers like Inferno and Venom are commonly used to carry out phishing attacks involving compromised Discord servers and Twitter accounts.| Bloomberg: |
Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project — Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion …
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| Dan Seifert / The Verge: |
| Tracy Qu / South China Morning Post: |
| Thomas Germain / Gizmodo: |
| Tim Hakki / Decrypt: |
| Nikou Asgari / Financial Times: |
| Carly Page / TechCrunch: |