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May 5, 2021, 7:50 PM

Top News

Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules  —  The Board has upheld Facebook's decision on January 7, 2021, to restrict then-President Donald Trump's access to posting content on his Facebook page and Instagram account.
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Margaret Sullivan / Washington Post:
The Oversight Board's decision on Trump's Facebook ban failed to send a clear message that a powerful public official can't use Facebook to endanger the public  —  In more than 1,400 posts from Jan. 1, 2020 and Jan. 6, 2021, Donald Trump used Facebook to spread false information with devastating consequences for the country.
Makena Kelly / The Verge:
Brad Stone / Bloomberg:
Jeff Bezos beat the National Enquirer by bypassing media and appealing directly to regular people, retaliating with the brutal efficiency used to build Amazon  —  When a gossip rag went after the CEO, he retaliated with the brutal, brilliant efficiency he used to build his business empire.
Danielle Partis / GamesIndustry.biz:
Following the departure of Google Stadia's head of product John Justice, a further six employees have left Stadia to work at Haven Studios, founded by an ex-VP  —  Former Stadia general manager Sebastien Puel is a co-founder of Jade Raymond's new venture  —  A further six members of staff …
Sarah Perez / TechCrunch:
Twitter says it is rolling out improved prompts that discourage “harmful” language, first to iOS and then Android, after studies showed prompts were effective  —  A year ago, Twitter began testing a feature that would prompt users to pause and reconsider before they replied to a tweet using …
Jessica Bursztynsky / CNBC:
Uber Q1: $2.9B revenue, below estimates, as net loss shrinks to $108M from $968M QoQ due to self-driving unit sale; delivery gross revenue up 166% YoY to $12.5B  —  - Uber reported first quarter results after-the-bell on Wednesday.  — Overall, Uber's net loss was $108 million …
Chance Miller / 9to5Mac:
As Netflix prepped limited tests to drop Apple's IAPs, Apple told Netflix these tests would “limit co-marketing opportunities, including on-store featuring”  —  New internal emails and presentation documents revealed as part of the Epic vs. Apple show how Apple attempted …
Chance Miller / 9to5Mac:
Paul Vigna / Wall Street Journal:
Crypto-focused financial services company Galaxy Digital acquires BitGo, which makes multi-signature cryptocurrency wallets, for $1.2B in cash and stock  —  Purchase coincides with a nearly yearlong rally in the sector, whose market value has surged to $2 trillion
Zack Whittaker / TechCrunch:
Researcher details a Peloton API bug that let anyone access private account info, which initially went unpatched until a reporter contacted Peloton  —  But the company won't say if it has evidence of malicious exploitation.  —  Halfway through my Monday afternoon workout last week …
Joseph Cox / VICE:
Schemes offering to buy workplace login credentials appear linked to Argyle, a startup backed by Bain Ventures; providing access might break hacking laws  —  Argyle says it provides access to employment and payroll history.  Buying login details may fall afoul of U.S. hacking laws.  —  Joseph Cox
Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook used in targeting the ads  —  A series of Instagram ads run by the privacy-positive platform Signal got the messaging app booted from the former's ad platform, according to a blog post Signal published on Tuesday.
Taylor Lorenz / New York Times:
Profile of MrBeast, the most subscribed YouTuber in the US, who took a bumpy road to fame through stunt philanthropy, as he branches out into other businesses  —  Jimmy Donaldson, 22, is out to become the Elon Musk of online creators.  —  Jimmy Donaldson, 22, a YouTube megastar better known as Mr. Beast …
Dean Takahashi / VentureBeat:
Zynga to acquire Chartboost, a mobile programmatic ad service reaching 700M+ MAUs, for $250M in cash; Zynga says deal will help it grow as IDFA changes roll out  —  Did you miss GamesBeat Summit 2021?  Watch on-demand here!  —  Mobile game publisher Zynga has agreed to acquire mobile ad …

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