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May 1, 2024, 7:32 AM
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Top News

Mishaal Rahman / Android Authority:
An APK review suggests the Rabbit R1 runs Android and its entire UI is powered by a single Android app; founder Jesse Lyu says “rabbit r1 is not an Android app”  —  The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood.  —  •  —  TL;DR
Elizabeth Lopatto / The Verge:
A US judge sentences Binance founder Changpeng Zhao to four months in prison for failing to establish adequate anti-money laundering protections  —  Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequately anti-money laundering protections.
Amazon:
Amazon reports Q1 revenue up 13% YoY to $143.3B, a $10.4B net income, vs. $3.2B YoY, $15.3B operating income, vs. $4.8B YoY, subscription sales up 11% to $10.7B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
Todd Spangler / Variety:
Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses
Jeff John Roberts / Fortune:
The US DOJ charges 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.
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 …
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 …
Gaby Del Valle / The Verge:
Over 50 ex-Google employees, fired in connection with a sit-in protest against Google's business ties to Israel, file an NLRB complaint for unlawful retaliation  —  A software engineer who was fired from Google in connection to internal protests at the company's offices says the company retaliated …
Jesse Hamilton / CoinDesk:
US House Financial Services Committee Chair Patrick McHenry accuses Gary Gensler of misleading Congress on the SEC's position on whether ether is a security  —  The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.
Justine Calma / The Verge:
Walmart discontinues its telehealth service Health Virtual Care citing “escalating operating costs”; Walmart acquired telehealth provider MeMD in 2021  —  Walmart isn't making enough money off its new health centers, so it decided to close up shop.
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
Politico:
How bills under consideration in various US states to address AI bias contain loopholes that would make companies avoiding accountability easier  —  AI is potentially transformative.  Whether that's a good or bad thing depends on whether we set the right rules.
Maxwell Zeff / Gizmodo:
A look at gpt2-chatbot, a mysterious AI chatbot that became available on LLM benchmarking site LMSYS Org and is believed to have similar capabilities as GPT-4  —  An advanced AI model with unknown origins turned heads this week as online communities unpacked a cryptic tweet from Sam Altman.
Ben Schoon / 9to5Google:
Google Phone app beta rolls out “Audio Emoji”, letting callers select an emoji to play animated sound effects: clapping, laughing, party, crying, poop, sting  —  The Google Phone app is picking up a new trick, with the app now rolling out “Audio Emoji” to some users.
Yukio Tajima / Nikkei Asia:
China implements a revised State Secrets Law, requiring Tencent, Weibo, and other internet companies to delete leaked information and comply with investigations  —  Law taking effect Wednesday seen requiring internet companies to help curb leaks  —  BEIJING — China on Wednesday implemented …
More: BBC
Antonio Olivo / Washington Post:
A backlash against data centers has triggered laws in Arizona, Georgia, and other parts of the US to restrain the rapidly growing, energy-intensive industry  —  A backlash against internet data centers has triggered a wave of laws around the country to restrain the rapidly growing industry …
Reuters:
Sources: Huawei moves Yu Chengdong, the high-profile chief of its consumer business who has held the job since 2012, to a new role as chair of the unit  —  China's Huawei Technologies (HWT.UL) has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit …
Bloomberg:
DOJ v. Google: Microsoft invested in OpenAI over fears of falling behind Google; Kevin Scott said he was “very, very worried” in a 2019 email to Satya Nadella  —  - Google faces US antitrust case about its dominance in search  — Microsoft's communications deemed relevant to defense by judge

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From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Washington Post:
How NewsGuard, which attained “sustainable profitability” six years after its launch, became a prime target of the GOP's battle against disinformation watchdogs

Wall Street Journal:
Sources describe Netflix's struggles handling traffic for the Tyson-Paul fight, with viewership nearly three times what the company had anticipated

More News

David Gilbert / Wired:
Experts say Spamouflage Dragon, China's yearslong disinformation campaign targeting the US, has largely failed due to China missing cultural context and more
Entrackr:
Filing: API Holdings, the parent company of Indian online pharmacy PharmEasy, raises $216M at a $710M valuation, down ~90% from its $5.6B peak valuation in 2021
Kwan Wei Kevin Tan / Business Insider:
Esther Crawford joins Meta's Messenger team as director of product; Crawford was Twitter's director of product management before being laid off in February 2023
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

Aisha Counts / Bloomberg:
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% YoY to 518M, and Q2 revenue forecast above est.; PINS jumps 15%+
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
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
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
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