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April 22, 2020, 6:55 AM
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| Manish Singh / TechCrunch: |
Facebook invests $5.7B in Jio for a 9.99% stake, making it the largest minority shareholder in the subsidiary of India's most valued firm, Reliance Industries — Facebook has enjoyed unparalleled reach in India for more than a decade. But as China's fast-growing ByteDance emerges …
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Wall Street Journal, The Economic Times, Financial Times, Axios, MSPoweruser, CNBC, Android Central, BGR India, SiliconANGLE, Nikkei Asian Review, Firstpost, BuzzFeed News, Reuters, and Quartz
Tweets: @varinder_bansal, @sub8u, @akm1410, @sarahfrier, @tsuvik, @jonrussell, @nixxin, @arjunkharpal, @chandrarsrikant, @raju, @rahulnischal, @internetfreedom, @mytechmusings, @samidhas, @madhumachi, @gautamghosh, @sub8u, @eastdakota, @rohitdubey, @stevekopack, @kurtwagner8, @internetfreedom, and @internetfreedom
| Nikhil Pahwa / MediaNama: |
Facebook's deal with Jio is unlikely to make a dent in India's mobile payments market, where Google Pay, PhonePe, and Paytm have emerged as the big players — So it's confirmed: Facebook has bought 9.9% stake in Jio Platforms Limited, the parent company of Reliance Jio Infocomm Limited, for $5.7 billion (Rs 43,574 crore).
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Reliance Industries Limited, Bloomberg, Facebook, XDA Developers, Reuters, PYMNTS.com, Business Insider, Seeking Alpha, Moneycontrol, India Today, NDTV.com, Social Media Today, Inc42 Media, The Hill, India TV, The Information, SiliconANGLE, Livemint, The Financial Express, and The Verge
Facebook: Mark Zuckerberg. Tweets: @arjunkharpal, @mikeisaac, @kurtwagner8, @seyitaylor, @disruptivedean, @sushubh, @thekenyeung, @blitzkreigm, @sarthakgh, and @alexeheath
| New York Times: |
Facebook's Jio investment may pave the way for WhatsApp to connect with Indian businesses via JioMart, Jio's small-business marketplace, for mobile shopping — It was the largest bet by the social network on the developing market, where millions of people have gone online in recent years.| Lucas Matney / TechCrunch: |
Epic Games launches Fortnite on the Play Store, after over a year of offering it only outside the store, noting Google puts sideloaded apps at a disadvantage — Epic Games is finally settling its feud — kind of — with Google and putting Fornite onto the Google Play Store, but the studio sounds pretty pissed about it.
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The Verge, Polygon, XDA Developers, WRAL TechWire, Protocol, Firstpost Tech, VG247, Ars Technica, Forbes, CNET, GamingBolt, Neowin, Kotaku, Wccftech, Pocket-lint, IGN, Dot Esports, Engadget, USgamer.net, About Chromebooks, Gamasutra, Android Authority, Thurrott, 9to5Google, GameSpot, and GamesIndustry.biz
Tweets: @onejarednewman, @joshconstine, @dhh, @ballmatthew, @derekmross, @vtoubiana, @tocelot, @ericflo, and @kifleswing
| Lauren Feiner / CNBC: |
Netflix reports Q1 revenue of $5.77B, up 27.6% YoY, vs $5.76B est., global streaming paid net additions of 15.77M, now totaling 182.86M accounts, up 22.8% YoY — - Netflix reported its Q1 2020 earnings after the bell on Tuesday. — Netflix has ranked among analysts' favorite “stay at home” …
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Netflix, Thurrott, Protocol, Wall Street Journal, The Verge, Business Insider, Protocol, New York Times, Silicon Republic, coinspeaker.com, AdExchanger, TheStreet, ZDNet, Yahoo Finance, The Verge, Engadget, Forbes, Axios, and The Streamable
| Chance Miller / 9to5Mac: |
Kuo: Apple postpones iPhone SE Plus release from H1 to H2 2021, seeing a dip in demand for iPhones and production delays across the upcoming iPhone 12 models — Analyst Ming-Chi Kuo of TF International Securities has shared a new investor note today detailing the ongoing development of Apple's 2020 iPhone 12 models.
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MacRumors, MacRumors, Thurrott, The Verge, CNET, Pocketnow, CNBC, AppleInsider, coinspeaker.com, MACお宝 …, The Apple Post, SlashGear, Trusted Reviews, HotHardware, Ubergizmo, Softpedia News, iMore, MacDailyNews, PhoneArena, Appleosophy, Tom's Guide, iDownloadBlog.com, Cult of Mac, and Wccftech. Tweets: @tailosivetech
| About Facebook: |
Facebook rolls out Messenger Kids to 70+ new countries, adds features to make it easier for parents to connect kids with their friends — With schools closed and people physically distancing, parents are turning to technology more than ever to help their kids connect with friends and family.
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VentureBeat, The Verge, Mashable, TechCrunch, Engadget, Neowin, Social Media Today, PhoneArena, Adweek, MSPoweruser, and About Facebook. Tweets: @martinsfp
| Jason Schreier / New York Times: |
While gaming sales are breaking records, the coronavirus pandemic is impacting the gaming industry with delays, scope cuts, and serious production challenges — The coronavirus pandemic is offering mixed news and new challenges for gaming companies, both independent and corporate.
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CCN.com, GamingBolt, Wccftech, and SlashGear
| Snap: |
Snap reports in Q1 DAUs increased 20% YoY to 229M, revenue increased 44% YoY to $462M, time spent watching Discover content rose 35%+; stock up 18%+ after hours — Snap Inc. Announces First Quarter 2020 Financial Results Daily Active Users increased 20% year-over-year to 229 million …
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CNBC, VentureBeat, CNET, The Verge, Engadget, Silicon Republic, coinspeaker.com, MarketWatch, ZDNet, Social Media Today, Mashable, Hollywood Reporter, Axios, and Deadline
| Cara Lombardo / Wall Street Journal: |
Sources: Expedia is in advanced talks to sell a stake to Silver Lake and Apollo Global Management in a deal likely to total about $1B — Deal expected to hand private-equity firms board representation, sources say — Expedia Group Inc. is in advanced talks to sell a stake …
Tweets: @nongaap, @coryweinberg, @michaelcbender, and @cararlombardo
| James Pearson / Reuters: |
Sources: Vietnamese state-telcos took Facebook's local servers offline, slowing traffic, until the company agreed to increase censorship of “anti-state” posts — HANOI (Reuters) - Facebook's local servers in Vietnam were taken offline early this year, slowing local traffic …
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The Register, Gizmodo, TechCrunch, and Telegraph
Tweets: @will_nguyen_, @jonrussell, @tmclaughlin3, @tostevinm, @pinoytapsilog, @linhpnguyen, @pearswick, @dabeard, and @pearswick
| CNBC: |
US Small Business Administration notifies ~8,000 business owners seeking federal relief loans that their personal data may have been exposed to other applicants — - Some small business owners seeking help via the Small Business Administration's Economic Injury Disaster Loan program …
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Washington Post, PYMNTS.com, SC Media, and Fortune
Tweets: @katerogers, @shaynacpa, @arielmtspeaks, @mattrosoff, and @zck
| The Daily Beast: |
Sources say Palantir's data suites are a primary contributor to HHS Protect Now, a US government tool to track the spread of coronavirus in use since April 10 — Palantir, a longtime partner of intelligence agencies, co-founded by major Trump backer Peter Thiel, is helping build “the single source for [coronavirus] testing data.”
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The Verge and FedScoop
Tweets: @hshaban, @erinbanco, @clarajeffery, @m_lynx_3000, @thedailybeast, @noahshachtman, @lukeobrien, and @minhtngo
| Sean O'Kane / The Verge: |
General Motors is shutting down Maven, the car-sharing service it launched in 2016, amid the COVID-19 pandemic — The coronavirus pandemic was the final nail in the coffin — General Motors is shutting down Maven, the car-sharing service it launched in 2016, the company tells The Verge.
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TechCrunch and The Next Web
Tweets: @lithiumpodcast, @parismarx, @sub8u, @bgurley, and @jessedonoe
| Taylor Lyles / The Verge: |
Google says it is gradually rolling out a “Hey Google” feature that lets users adjust the listening sensitivity of Assistant devices in detecting the command — No, Google, I wasn't talking to you — Google is starting to “roll out gradually” a feature allowing …
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XDA Developers, Pocket-lint, Android Police, SlashGear, PhoneDog, Ubergizmo, MobileSyrup, The Next Web, Droid Life, Mashable, 9to5Google, Pocketnow, and Engadget
| Megan Rose Dickey / TechCrunch: |
Patreon says it laid off 30 employees, 13% of its workforce, partly due to current economic uncertainty, despite seeing a surge in new creators last month — Creative platform Patreon has laid off 30 employees, which is 13% of its workforce, TechCrunch has learned.
More:
The Verge
| Matt Asay / TechRepublic: |
Vercel, formerly known as ZEIT, raises $21M Series A led by Accel and CRV for its front-end developer suite built on open source Next.js — Vercel's $21 million in funding could go a long way toward improving front-end development. — Cloud companies have thrived by making complicated … | Bloomberg: |
Analysis shows that Huawei landed $4B worth of network contracts from China Mobile in 2020, over half of the operator's 5G contracts, as US sanctions persist — - Lands $4 billion in network gear contracts from China Mobile — Beijing's banking on 5G innovation to boost post-virus economy| Rachel Abrams / New York Times: |
New York's AG says it's investigating Charter Communications' handling of COVID-19, requiring thousands to work in offices; source: 230+ workers tested positive — More than 230 workers at Charter Communications, the cable and internet giant known as Spectrum, have tested positive for Covid-19 …
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Gizmodo and Ars Technica
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