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May 18, 2020, 9:05 AM
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| Cheng Ting-Fang / Nikkei Asian Review: |
Sources: TSMC, the biggest contract chipmaker, has halted new orders from Huawei in response to new US export controls; orders placed before are not impacted — Taiwan chipmaker's relationship with its second biggest customer under fire — TAIPEI — Taiwan Semiconductor Manufacturing Co. …
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Fortune, The Verge, Android Authority, MacRumors, TechCrunch, CNET, Bloomberg, Light Reading, Wall Street Journal, Reuters, Neowin, CNBC, Telecoms.com, Phandroid, Android Central, TechNode, Reuters, Computer Business Review, Pocketnow, Silicon Republic, and Seeking Alpha
Tweets: @arjunkharpal, @arjunkharpal, @arjunkharpal, and @arjunkharpal
| Bloomberg: |
Chinese state-backed funds invest $2.25B in chip factory of local company Semiconductor Manufacturing International, amid US move to limit chips sold to Huawei — - State-backed funds invest in Semiconductor Manufacturing plant — China is aiming to increase monthly capacity by 5 times
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CNBC, TechCrunch, Android Authority, Nikkei Asian Review, and TechNode
Tweets: @next_china and @mdudas
| Bloomberg: |
Apple says it's reopening 25 US stores this week plus 12 stores in Canada, adding to nearly 100 global locations that have reopened so far — - Company has 100 stores back in operation after virus closures — Plans temperature checks and face coverings at every location
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Apple, 9to5Mac, Appleosophy, AppleInsider, Philip Elmer‑DeWitt, The Verge, Mashable, Digital Trends, CNBC, MacRumors, USA Today, Reuters, The Mac Observer, CNET, Neowin, Engadget, TechCrunch, iPhone in Canada Blog, BGR, MSPoweruser, iPhone Hacks, Seeking Alpha, and Slashdot
Tweets: @ianmaude, @markgurman, @howardlindzon, @peterhimler, @caro_milanesi, @michaelsteeber, @reneritchie, @gte, and @reneritchie
| Pavel Alpeyev / Bloomberg: |
SoftBank Vision Fund records $17.7B loss in the last fiscal year after writing down investments including WeWork and Uber, reports a net loss of $8.96B — SoftBank Group Corp. said its Vision Fund business lost 1.9 trillion yen ($17.7 billion) last fiscal year after writing down the value of investments …
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Associated Press, Reuters, South China Morning Post, Nikkei Asian Review, Nikkei Asian Review, Bloomberg, Reuters, Reuters, and Seeking Alpha
Tweets: @reutersbiz, @aaronwall, @vusithembekwayo, @willjordan, @tculpan, @tculpan, and @glcarlstrom
| Sam Nussey / Reuters: |
Alibaba's Jack Ma resigns from SoftBank board, as he pulls back from formal business roles to focus on philanthropy; SoftBank to propose three new appointments — TOKYO (Reuters) - SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board …
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ZDNet, TechCrunch, Protocol, New York Times, Financial Times, Wall Street Journal, PYMNTS.com, Nikkei Asian Review, Financial Times, and Seeking Alpha. Tweets: @hangzhoufeel
| Ranjan Roy / Margins: |
How Doordash listing restaurants on its service without their permission can lead to inaccurate menus, unhappy customers, and even arbitrage opportunities — There is such a thing as a free lunch — If capitalism is driven by a search for profit, the food delivery business confuses the hell out of me.
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Fortune. Tweets: @matt_levine, @elimeixler, @neerajka, @kitcolbert, @tomgara, @donutshorts, @faismasud, @_superbrat_, and @mattstark5
| Hagop Kavafian / Android Police: |
Google Meet, which became free to use at the end of April, passes 50M installs on the Play Store, after passing 5M at the beginning of March — Due to the coronavirus pandemic, most people are stuck at home and looking for ways to keep in touch with each other.
More:
9to5Google, 9to5Google, Pocketnow, iPhone in Canada Blog, and TechRadar.com
Tweets: @beirutspring, @patrickmoorhead, and @adamconner
| Brian Krebs / Krebs on Security: |
US Secret Service memo warns a crime ring is targeting state unemployment insurance programs to commit fraud by using data belonging to identity theft victims — A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state …
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New York Times, Ubergizmo, The Verge, CNET, PYMNTS.com, Engadget, and Decrypt
Tweets: @kimkalunian, @donie, @rezendi, @negativeneil, @adamhdomby, @briankrebs, @trengriffin, @asktoconsider, @jckichen, @patriciamazzei, @bobbensonbill, @every6thday, @sustainkohala, @kimmasters, @baxter_eh, @carolynmcc, @osterman, @asktoconsider, @benbwieder, @nytimes, @jgibbons1974, and @kbaugh12
| Chance Miller / 9to5Mac: |
Edison Mail says it has “rolled back” an iOS app update that gave a “small percentage” of users full access to other users' email accounts — Edison Mail is one of the more popular third-party email applications for iPhone, iPad, and Mac, but an apparent bug in the service is raising major privacy concerns.
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HOTforSecurity, diginomica, TechRadar.com, Gizchina, The Verge, SlashGear, Digital Trends, Daring Fireball, MacRumors, Softpedia News, Engadget, AppleInsider, and iPhone in Canada Blog
Tweets: @_am1t, @davidbyttow, @cabel, @cabel, @peteskomoroch, @chancehmiller, and @zackwhittaker
| Catalin Cimpanu / ZDNet: |
Multiple supercomputers in some EU countries were hacked this week with crypto mining malware via compromised SSH credentials; evidence suggests a single actor — Confirmed infections have been reported in the UK, Germany, and Switzerland. Another suspected infection was reported in Spain.
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Engadget, atdotde, SiliconANGLE, InsideBitcoins.com, Cado Security, Cointelegraph, SecurityWeek, BleepingComputer, NullTX, CSCS, Security Affairs, and Slashdot
Tweets: @littllemel, @teriradichel, and @paulsparrows
| Sachin Ravikumar / Reuters: |
Indian food delivery startup Swiggy says it will lay off 1,100 employees, or nearly 14% of its workforce, to cut costs amid the pandemic — BENGALURU (Reuters) - Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs …
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TechCrunch, MediaNama, and Entrackr
| Aditi Shrivastava / The Economic Times: |
More:
The Swiggy blog, The Economic Times, Ventureburn, and TechCrunch
Tweets: @madhavchanchani, @chandrarsrikant, and @ettech
| Annie Musgrove / Tech.eu: |
London-based Fly Now Pay Later, which provides flexible financing for travelers, raises £35M Series A led by Revenio Capital — Fly Now Pay Later, a London-based payment provider for the travel sector, has raised £35 million in a Series A round led by Revenio Capital … | Seth Schiesel / Protocol: |
Jason Rubin, Facebook VP for special gaming initiatives, on how Facebook thinks about gaming and how Oculus Quest can get AAA games like Call of Duty — In December, Facebook made one of its most intriguing acquisitions in years, spending a reported $78 million to buy PlayGiga, a Spanish company specializing in cloud gaming.Sponsor Posts
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