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May 17, 2019, 10:05 AM
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Tom Warren / The Verge:
Microsoft and Sony announce a strategic partnership to explore development of future cloud solutions in Microsoft Azure for game and content-streaming services  —  An unusual partnership  —  Microsoft and Sony are announcing an unusual partnership today, allowing the two rivals to partner on cloud-based gaming services.
Tom Warren / The Verge:
Microsoft announces Minecraft Earth, a real-world AR version of Minecraft, available in closed beta on iOS and Android this summer  —  Alex Kipman, Microsoft's HoloLens and Kinect creator, is always enthusiastic about the future of computing.  As he stands in front of me inside …
Financial Times:
Rural US broadband carriers, of which about 25% reportedly use Huawei equipment, say Huawei ban will hinder rural high-speed internet rollout
Washington Post:
Trump issues order blocking US companies from doing business with information and communications technology companies owned or controlled by a foreign adversary
Julian Chokkattu / Digital Trends:
Tests of Verizon's 5G in Chicago on the Galaxy S10 5G show download speeds of up to 1.35 Gbps, but speeds were inconsistent, though never fell below 550 Mbps  —  I'm in Chicago.  Again.  It's my second trip to the windy city in the past month, and I don't expect it to be my last.  —  Why?  5G!
Theodore Schleifer / Vox:
Sources: Quora, which has 300M+ MAUs, is raising a $60M round led by Valor Equity Partners at a valuation of $2B, and told investors it had $20M in 2018 revenue  —  According to some, the financing round for the question-and-answer platform speaks to the high valuation for virtually everything these days in the tech sector.
Sean Lyngaas / CyberScoop:
DOJ says that it has indicted 10 members of the criminal network that used the GozNym malware to attempt to steal an estimated $100M from 41,000+ victims  —  Law enforcement officials from the U.S. and some European allies say they have broken up a criminal network that used banking malware …
Salvador Rodriguez / CNBC:
Sources: acceptance rates for Facebook job offers among graduates of top US schools like Stanford fell from nearly 90% in late 2016 to around 50% in early 2019  —  KEY POINTS  — Among top schools, Facebook's acceptance rate for full-time positions offered to new graduates has fallen …
Dieter Bohn / The Verge:
Google to add the ability to save transcriptions in Live Transcribe and will include indicators for sounds like door knocks, dog barks, and phones ringing  —  [Clapping]  —  When Google released Live Transcribe this past February, it was a hugely important accessibility feature for people …
Russell Brandom / The Verge:
Researchers: NYPD used edited suspects' photos and photos of celebs, when witnesses said the suspects looked like them, to generate facial recognition matches  —  In one case, a photo of the actor Woody Harrelson was used to locate a suspect  —  A new report from Georgetown Law's Center …
Chloe Taylor / CNBC:
Deliveroo announces that Amazon is leading a $575M funding round for the UK-based food delivery service, bringing total raised to $1.53B  —  KEY POINTS  — Deliveroo is a British company that allows users to order food deliveries from nearby restaurants using an app.
Catalin Cimpanu / ZDNet:
Stack Overflow says hackers breached its systems on May 11 but that there is no evidence of customer data being accessed, promises more info when probe ends  —  Stack Overflow said it detected a security breach over the weekend.  —  Stack Overflow, the internet's largest Q&A site for programming …
Lauren Feiner / CNBC:
Pinterest reports Q1 2019 revenue of $202M, up 54% YoY, net loss of $41.4M, down 21% YoY, global MAUs were up 22% YoY to 291M; stock down 16%+ after hours  —  KEY POINTS  — Pinterest shares fell 15% Thursday after the company released its first-quarter 2019 earnings report, its first report as a public company.
Josh Constine / TechCrunch:
Facebook is updating the News Feed algorithm to include data from user surveys about which links users find most worthwhile and who their closest friends are  —  Facebook is updating the News Feed ranking algorithm to incorporate data from surveys about who you say are your closest friends and which links you find most worthwhile.
Zheping Huang / Bloomberg:
Baidu reports Q1 revenue of $3.5B, up 15% YoY, and a net loss of $47.5M, its first net loss since going public in 2005; stock down 9%+ after hours  —  - Company's American depository receipts drop more than 7%  — Board authorizes new $1 billion share repurchase program

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From Mediagazer

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Kayla Cobb / The Wrap:
AMC Networks report Q3 revenue down 5.9% YoY to $599.6M, operating income down 22% YoY to $93.7M, 11.8M streaming subscribers, $316M in subscription revenue

More News

Earlier Picks

Larry Cermak / The Block:
Sources: Coinbase is in advanced talks to acquire the Bitcoin custody provider Xapo for around $50M
Dan Seifert / The Verge:
Google clarifies Works with Nest shutdown, says connections will continue to work beyond Aug. 31 until they are replicated in new Works with Assistant program
Makena Kelly / The Verge:
White House launches tool to solicit information from people who had social media accounts suspended or banned and who suspect political bias behind the actions
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