Open Links In New Tab
Mobile Archives Advertise
Techmeme
May 7, 2020, 12:01 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

New York Times:
Facebook's Oversight Board announces its first 20 members, out of a total of 40, who will oversee challenging content issues  —  The company's independent oversight body will focus on challenging content issues, such as hate speech and harassment.  —  The authors are co-chairs of Facebook's oversight board.
Brady Dale / CoinDesk:
Square reports $528M in Q1 revenues from its Cash App, with $306M coming from Bitcoin transactions, exceeding the app's fiat revenue of $222M for the first time  —  Bitcoin has flippened USD on Square's Cash App, sort of.  —  As reported in the publicly traded fintech company's …
Emily Bary / MarketWatch:
Square reports Q1 revenue of $1.38B, up 44% YoY, with net loss of $106M, up $68M YoY, as Square fills reserves to prepare for COVID-19 problems; stock down 6%+  —  Payments processor falls to an adjusted loss as it prepares for merchants' transaction and loan losses with reserves  —  Referenced Symbols
Abner Li / 9to5Google:
Google says Android 11 Beta 1 is being pushed back to June 3, about a month behind schedule, but the final release is still on track for Q3  —  Back in February, Google laid out plans for three Android 11 developer previews and betas.  The company delivered the first half on that schedule amid COVID-19 …
Kurt Wagner / Bloomberg:
The Libra Association names former US Treasury Department official Stuart Levey as its first CEO ahead of a renewed regulatory push  —  The Libra Association, the group behind the proposed digital currency invented by Facebook Inc., named former U.S. Treasury Department official Stuart Levey as its first chief executive officer.
Nick Statt / The Verge:
Epic Games says Fortnite has 350M registered players, up from 250M in March 2019; in April, players logged 3.2B hours in the game  —  More than 3.2 billion hours played in April alone  —  Epic's Fortnite has more than 350 million registered players, the game developer announced on Wednesday.
Jordan Novet / CNBC:
Twilio beat Q1 estimates with revenue of $364.9M, up 57% YoY, and reports over 190K active customer accounts; stock is up about 25% after hours  —  - Twilio beat expectations on results and its guidance for the current quarter.  — The company withdrew full-year guidance.  —  Jeff Lawson
Devindra Hardawar / Engadget:
Microsoft debuts 13.5-inch and 15-inch Surface Book 3 laptops with 10th-gen quad-core Intel CPUs, new NVIDIA GPUs, available May 21 from $1,600 and $2,300  —  With the Surface Book 2, Microsoft proved it could take on the MacBook Pro directly with a powerful and genuinely innovative PC notebook.
Microsoft Devices Blog:
Microsoft announces $250 Surface Headphones 2 with better sound and battery, arriving on May 12, and says its Surface Buds will ship on the same day for $200
Tom Warren / The Verge:
Microsoft unveils Surface Go 2 with a bigger 10.5-inch display and more powerful Intel processors in higher-end models, coming May 12, starting at $400
Lora Kolodny / CNBC:
Lyft reports Q1 revenue of $955.7M, up 23% YoY, as its net loss drops to $398.1M from $1.1B in 2019; active riders rose 3% YoY to 21.2M; stock up 10%+  —  - On Wednesday, Lyft reported losses of $398.1 million, and revenue of $955.7 million for Q1 2020.  — Citing Covid-19 impacts to its business …
Emily Bary / MarketWatch:
PayPal misses Q1 estimates with revenue of $4.62B, up 13% YoY, and net income of $84M, down from $667M YoY; says May 1 was its largest transaction day ever  —  Referenced Symbols  —  PayPal Holdings Inc. fell short of first-quarter expectations Wednesday as the company felt the impact …
Janko Roettgers / Protocol:
Sources: Google to release a Fire TV-like Android TV dongle with a new content-centric UI in the coming months, likely extending its Nest brand to the product  —  Google is set to introduce an Android TV streaming device in the coming months, a reimagined dongle with a new user interface …
Matthew Panzarino / TechCrunch:
Interview with Apple SVP Craig Federighi about the iPadOS cursor, a significant change to the pointer paradigm, and the decisions Apple made to get there  —  Apple SVP Craig Federighi talks about the iPad's new cursor and Magic Keyboard  —  Even though Apple did not invent the mouse pointer …
Natasha Lomas / TechCrunch:
European Data Protection Board publishes updated guidelines arguing that scrolling and “cookie walls”, which block users from content, don't constitute consent  —  You can't make access to your website's content dependant on a visitor agreeing that you can process their data — aka a ‘consent cookie wall’.
Reuters:
Sources: US Department of Commerce is close to signing off on a rule allowing US companies to work with Huawei on setting 5G network standards  —  (Reuters) - The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China's Huawei Technologies …
Darrell Etherington / TechCrunch:
Alphabet's Loon partners with AT&T to extend the cellular network coverage using its balloons globally in case of disasters  —  Alphabet-owned Loon, the company focused on providing connectivity via high-altitude, stratosphere skimming balloons that can act as on-demand, deployable cell towers …

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Pay bosses in units of purpose  —  On average, it takes just 14 seconds for candidates to decide whether to apply for a job.  How can you craft job descriptions that truly connect — from entry-level to C-suite?
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Channels with Peter Kafka:
 How to Reinvent a Magazine, with Wired's Katie Drummond
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Azeem Azhar's Exponential View:
 GitHub CEO on what AI means for developer salaries, SaaS, and more
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
Techmeme Ride Home:
 The "Holy Grail" Of AI Models
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Spotlight On:
 *Live from Accel's 2025 People Summit* Behind the Netflix Culture Deck with Patty McCord and Jessica Neal
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Decoder with Nilay Patel:
 Google CEO Sundar Pichai on the future of search, AI agents, and selling Chrome
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Invest Like the Best:
 Graham Weaver - Building Alpine
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:01 AM ET, May 7, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

David Folkenflik / NPR:
NPR and three Colorado public radio stations sue Trump, saying his executive order to cut federal funding violated the US Constitution and the First Amendment

Brian Steinberg / Variety:
Memo: David Leavy, who became CNN's COO in 2023, is leaving; sources say the longtime key lieutenant of David Zaslav is returning to Warner Bros. Discovery

Joe Holley / The Texas Observer:
Ronnie Dugger, the founding editor, publisher, and owner of the Austin-based Texas Observer, where he exposed bigotry and corporate greed, has died at 95

More News

Charles Fishman / The Atlantic:
How internet infrastructure, like that from AT&T, has managed to cope during the lockdown, as people stream media and work remotely
Andy Greenberg / Wired:
Security researchers say India's contact tracing app, mandated for many workers and downloaded over 90M times, could leak patient GPS data

Earlier Picks

Ellen Hammett / Marketing Week:
Study: half of the money brands invest in programmatic advertising never reaches online publishers; 15% of the money is unattributable to supply chain players
Erin Griffith / New York Times:
With gyms closed, sales of the $2,245 Peloton connected smart bike have surged; Peloton's stock has risen 86% since mid-March, valuing the company at $10B
Lauren Feiner / CNBC:
Uber says it will lay off 3,700 employees, or ~14% of its workforce, as it has been hit hard by the pandemic; CEO Dara Khosrowshahi will forgo his base salary
Bloomberg:
Instacart added 300K shoppers in eight weeks to adapt to the pandemic and says it has had its first-ever monthly profit in April of $10M
Divya Balji / Bloomberg:
Shopify tops estimates with Q1 revenue of $470M, up 47% YoY, and gross merchandise volume of $17.4B, up 46% YoY
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter