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April 26, 2023, 7:25 PM
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| Competition and Markets Authority: |
The UK CMA blocks Microsoft's $68.7B Activision acquisition, citing competition and innovation concerns in the UK cloud gaming market; Microsoft plans to appeal — The CMA has prevented Microsoft's proposed purchase of Activision over concerns the deal would alter the future …
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Bloomberg, Activision Blizzard King, The Verge, BBC, GOV.UK, CNBC, Disconnect, New York Times, New York Post, Financial Times, Ars Technica, MacRumors, Bloomberg, The Guardian, Eurogamer.net, Windows Central, Axios, New York Times, ZDNet, Reuters, Wall Street Journal, Livemint, Financial Times, Fortune, GameSpot, Video Games Chronicle, Gizmodo Australia, HotHardware, Game Rant, GamesIndustry.biz, Variety, Inside Bitcoins, Wired UK, ExtremeTech, Associated Press, City A.M., SlashGear, Forbes, TechPowerUp, PCMag, American Economic …, Watcher Guru, Coinspeaker, The Guardian, Game Developer, Los Angeles Times, KitGuru, TechRadar, Push Square, OnMSFT.com, DatacenterDynamics, Tech Startups, 9to5Google, MobileSyrup, TechSpot, The Register, gHacks Technology News, Gameranx, Digital Trends, CNN, TNW, VentureBeat, Gizchina, PCWorld, TweakTown, GeekWire, Insider, GamingBolt, WinBuzzer, Appuals.com, Rock, Paper, Shotgun, Polygon, SiliconANGLE, Neowin, The Information, Techaeris, Silicon Republic, Pocket Gamer.biz, Computerworld, IGN, Thurrott, PC Gamer, Android Authority, The Hill, BGR, Gizmodo, Dot Esports, AppleInsider, iPhone in Canada Blog, UKTN, Club386, Wccftech, Destructoid, Engadget, BigTechWire, Press Start, Associated Press, TrueAchievements, Kotaku Australia, Dow Jones Newswires, Neowin, Gamereactor UK, Pure Xbox, Dexerto, Deadline, MCV/DEVELOP, Twinfinite, TechCrunch, and Nintendo World Report Updates
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Antony Adler. Tweets:
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| Meta: |
Meta reports Q1 revenue up 3% YoY to $28.6B, net income down 24% YoY to $5.7B, and family daily active people up 5% YoY to 3.02B for March 2023; META jumps 10%+ — “We had a good quarter and our community continues to grow,” said Mark Zuckerberg, Meta founder and CEO.
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@mikeisaac, @jason, @jason_kint, @jason_kint, @sarthakgh, @jason_kint, @swiftstories, @jason_kint, @robertjbateman, @tanayj, @mikeisaac, @jason_kint, @sarafischer, @lexnfx, @eric_seufert, @eric_seufert, @jason_kint, @stockmarketnerd, @stockmarketnerd, @altcap, @scobleizer, @jduballreports, @mikeisaac, @divestech, @emmonspired, @lexnfx, @lexnfx, @gugo907, @epro, @lexnfx, @richlightshed, @rihardjarc, @rihardjarc, @thetranscript_, @stockmktnewz, @patrickmcgee_, and @supbagholder. Facebook:
Mark Zuckerberg
| Jonathan Vanian / CNBC: |
Meta's Reality Labs unit reports Q1 revenue down 51% YoY from $695M to $339M and operating loss up 35% YoY from $2.96B to $3.99B, after losing $13.72B in 2022 — - Meta's Reality Labs unit had a $3.99 billion operating loss in the first quarter, after losing $13.72 billion last calendar year.
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The Block and Social Media Today
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@grdecter, @value_invest12, @calebfranzen, @calebfranzen, @hkeskiva, @stockmktnewz, @xrandrew, @thekantoarbot, and @sixsigmacapital
| Amanda Silberling / TechCrunch: |
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The Verge and Decrypt
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@slhamlet, @boztank, @andrebeganski, @mikeisaac, @richlightshed, @mikeisaac, @lexnfx, and @ballmatthew
| Victoria Song / The Verge: |
Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team — Amazon has decided to shutter its health-focused Halo division, The Verge has learned. Amazon has stopped selling its three Halo products … | Brian Fung / CNN: |
US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teens' accounts — A new federal bill unveiled Wednesday would establish a national minimum age for social media use and require tech companies … | Tom Warren / The Verge: |
Some users say Microsoft Edge sends URLs of visited pages to the Bing API website; a developer says Edge's creator follow option, on by default, may be to blame — Microsoft's Edge browser appears to be sending URLs you visit to its Bing API website. … Microsoft tells The Verge it's investigating the reports.
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The Register, Laptop Mag, Ars Technica, WinBuzzer, Windows Central, Pureinfotech, Tech Startups, and MobileSyrup
| New York Times: |
A look at the mounting US legal pressure on Binance: the DOJ's money laundering division leading a criminal investigation, CZ hiring Latham & Watkins, and more — The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.
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Bloomberg, Decrypt, PYMNTS.com, CryptoSlate, and Coinspeaker
Tweets:
@flitteronfraud, @molly0xfff, @smdiehl, @silvermanjacob, and @bitfinexed
| Yueqi Yang / Bloomberg: |
| Paul Sawers / TechCrunch: |
Lookout agrees to sell its consumer mobile security business to F-Secure in a deal valued at around $223M, transitioning into a “pure-play enterprise company” — Lookout's long-running transition to becoming an enterprise security company is all but complete … | Angus Loten / Wall Street Journal: |
PricewaterhouseCoopers plans to invest $1B in generative AI over the next three years, working with Microsoft and OpenAI to automate some of its US operations — Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI's language model, training staff in AI capabilities
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PwC, VentureBeat, Unite.AI, SiliconANGLE, Forbes, and BigTechWire
Tweets:
@angusdav, @stshank, @gdb, and @jeremydaltonxr
| Todd Spangler / Variety: |
Roku reports Q1 revenue up 1% YoY to $741M, platform revenue down 1% YoY to $635M, streaming hours up 20% YoY to 25.1B, and active accounts up 17% YoY to 71.6M — Users streamed a record high of 3.9 hours per active account per day during the quarter, company says| Yuvraj Malik / Reuters: |
eBay reports Q1 revenue up 1% YoY to $2.51B, vs. $2.48B est., gross merchandise volume down 5% YoY to $18.4B, and forecasts Q2 revenue guidance above estimates — Ecommerce firm eBay Inc (EBAY.O) forecast second-quarter revenue above Wall Street estimates on Wednesday …
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MarketWatch, Bloomberg, and eBay Inc.
| Josh Eidelson / Bloomberg: |
YouTube Music contractors from Cognizant vote to unionize with the Alphabet Workers Union; Alphabet is appealing a ruling that Google is their joint employer — The majority of a group of YouTube contract staff in Texas have voted to unionize in a labor victory that could force parent company Alphabet Inc …
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The Information, Insider, Engadget, VICE, TechCrunch, and Axios
Tweets:
@alphabetworkers, @josheidelson, and @josheidelson
| Theo Wayt / The Information: |
Sources: Andy Jassy picks 14-year Amazon veteran Eric Rimling as his technical adviser, a coveted two-year position; Jassy was Bezos' adviser in the early 2000s — Amazon CEO Andy Jassy has picked Eric Rimling, a 14-year veteran of the company's fulfillment operation, as his new technical adviser … | Nilay Patel / The Verge: |
Q&A with Lightspark CEO David Marcus on the current crypto winter, Lightning as a Layer 2 protocol, raising ~$175M, Libra, Nostr, Bitcoin, regulations, and more — Crypto has a lot of haters these days. The former Facebook exec is trying to prove them wrong with his Bitcoin startup.| Christine Hall / TechCrunch: |
Mexico-based Clara, which sells corporate spend management tools in Latin America, raised a $60M Series B+ led by GGV, after a $70M Series B in December 2021 — Clara, a Mexico-based spend management company, closed on $60 million in equity in a round led by GGV Capital.| Yaling Jiang / Wired: |
Experts say that China's mostly government-led metaverse efforts are more about supporting the economy, health care, and industry than about consumer services — The government wants the metaverse to be less about having fun and shopping and more about health care and industry.| Allison Johnson / The Verge: |
Lenovo announces the $699 Lenovo ThinkPhone by Motorola, with ThinkPad-compatible productivity features, available to enterprises now and unlocked on April 28 — The Lenovo ThinkPhone by Motorola is available in the US starting today for $699, offering a suite of productivity features designed to work with ThinkPad laptops.| Damilare Dosunmu / Rest of World: |
A look at the crypto hype waning in Africa, as consumer trust fades, regulators push back, startups shutter, and Web3 workers reconsider their careers after FTX — Trust is fading, startups are shutting down, and Web3 workers are reconsidering their career choices. — • LAGOS, NIGERIA
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WeeTracker. LinkedIn:
Dámiláre Dòsùnmú. Tweets:
@restofworld, @theadeyanju, @mvzelenks, and @anupkaphle
Sponsor Posts
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UiPath:
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