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April 30, 2024, 8:25 PM
Mediagazer memeorandum WeSmirch
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Top News

Elizabeth Lopatto / The Verge:
US judge sentences Binance founder Changpeng Zhao to four months in prison  —  Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequately anti-money laundering protections.  Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023.
Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
Jordan Novet / CNBC:
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY  —  Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than Wall Street had expected.
Jeff John Roberts / Fortune:
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M  —  The Justice Department announced on Tuesday it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with mail fraud and filing false tax returns.
Mishaal Rahman / Android Authority:
An APK review suggests the Rabbit R1 runs Android and its entire user interface is powered by a single Android app  —  The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood.  —  •  —  TL;DR  — The Rabbit R1 is an AI-powered …
Kif Leswing / CNBC:
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY  —  Advanced Micro Devices reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations …
Sarah Perez / TechCrunch:
Screenshots seem to show TikTok circumventing Apple's App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs  —  TikTok may be routing around the App Store to save money on commissions.  According to new findings, the ByteDance-owned social video app …
Todd Bishop / GeekWire:
Amazon makes its AI assistant Amazon Q generally available and adds an “app creator” in preview to let employees build generative AI apps based on company data  —  Amazon says it will give non-developers the ability to create apps using natural language as part of a new feature for Amazon Q …
Derek Andersen / Cointelegraph:
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost  —  The integration brings instantaneous transfers on the layer-2 Lightning Network to the world's biggest Bitcoin exchange.  —  Total views
Marko Zivkovic / AppleInsider:
Source: Apple is testing Safari 18 features, including more advanced content blocking and an AI-powered Intelligent Search tool, expected to debut later in 2024  —  Apple is testing a version of its Safari web browser that includes UI tweaks, advanced content blocking features …
Bloomberg:
The EU opens a DSA investigation into Meta over deceptive Facebook and Instagram ad and political content; sources say the probe is about a pro-Kremlin campaign  —  - Probe said to target pro-Putin Doppelganger campaign  — Meta probe is under the EU's tough new Digital Services Act
Katie Robertson / New York Times:
Eight daily newspapers owned by Alden, the second-largest US newspaper operator, sue OpenAI and Microsoft for allegedly using copyrighted articles to train AI  —  The suit, which accuses the tech companies of copyright infringement, adds to the fight over the online data used to power artificial intelligence.
BBC:
A Finnish court sentences hacker Julius Kivimäki to six years and three months, after he breached a healthcare database and tried to blackmail 33,000 people  —  One of Europe's most wanted cyber criminals has been jailed for attempting to blackmail 33,000 people whose confidential therapy notes he stole.
Zeba Siddiqui / Reuters:
UnitedHealth CEO Andrew Witty plans to say before a US House panel on May 1 that hackers exploited a Citrix vulnerability to breach UnitedHealth on February 12  —  Hackers broke into UnitedHealth's (UNH.N) tech unit on Feb. 12 by exploiting a security vulnerability in software from private …
Pieter Haeck / Politico:
EU Commission President Ursula von der Leyen says a TikTok ban is “not excluded” and “we know exactly the danger of TikTok”, during a 2024 election debate  —  The remark comes amid a streak of bad news for TikTok in Europe.  —  Commission President Ursula von der Leyen hinted …
Ivan Mehta / TechCrunch:
The Browser Company debuts Arc on Windows, after testing began in December 2023, and says the Windows app has 150K+ users; the macOS app shipped in July 2023  —  The Browser Company, makers of the Arc web browser, released its Windows version today.  The company started testing the Windows client …
Chris Welch / The Verge:
Beats announces $200 Solo 4 on-ear wireless headphones, with up to 50 hours of battery life, and $80 wireless Solo Buds shipping in June 2024, both without ANC  —  Beats just announced its new Solo 4, its latest in a long line of on-ear wireless headphones.  The latest model, priced at $199.99, offers battery life of up to 50 hours.

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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

Wall Street Journal:
WBD adds Anton Levy, former co-president of PE firm General Atlantic, to its board, a source says due to pressure from activist shareholder Sessa Capital

Max Goldbart / Deadline:
The BBC says its content spend will fall by £150M to £2.5B in the next 12 months as it faces an “unprecedented content funding challenge”

Megan Graham / Wall Street Journal:
Yahoo hires Josh Line, who was most recently Paramount Global's chief brand officer, as its CMO to revive its brand as “one of the OGs of the internet”

More News

Aisha Malik / TechCrunch:
Twitch rolls out its TikTok-like discovery feed, launching as a tab within the Twitch iOS and Android apps showing live streams and clips

Earlier Picks

Mia Sato / The Verge:
Instagram updates its recommendation algorithms to demote aggregator accounts, hoping to promote original content and increase distribution to smaller accounts
Maciej Pocwierz:
How an empty, private AWS S3 bucket had ~100M PUT requests in a day, racking up a $1,300+ bill, due to a popular open-source tool using the same bucket name
Timothy B. Lee / Asterisk:
Tech journalism is often characterized by scandals, sensationalism, and shoddy research; publishers hesitate to invest in nuanced reporting without a clear ROI
Bloomberg:
Microsoft announces plans to invest $1.7B in cloud and AI infrastructure in Indonesia over four years and train 840,000 people with AI skills in the country
Michael Acton / Financial Times:
Analysis: Apple has poached at least 36 AI experts from Google since 2018 and has a secretive European laboratory in Zurich to develop AI models and products
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