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May 6, 2024, 7:55 AM
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| Anthony Ha / TechCrunch: |
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member — It sounds like Bluesky's most prominent backer is no longer on its board. — On Saturday, Jack Dorsey posted on X about grants for open protocols from his philanthropic Start Small initiative.
More: The Verge, Bloomberg, Coinspeaker, Business Insider, Cryptonews, Cointelegraph, crypto.news, CoinGape, Neowin, PCMag, Business Today, Engadget, Benzinga, Coinpedia Fintech News, We Distribute, and The Crypto Times
Threads: @crumbler, @crumbler, @karaswisher, @chris, @wongmjane, @moskov, @kbode, @goldman, @goldman, @fredbenenson, and @dathinkyparts
Mastodon: @docpop@mastodon.social, @bastardsheep@aus.social, @marcel@waldvogel.family, @crumbleneedy@aus.social, @o_simardcasanova …, and @nora@blob.love
Bluesky: @bsky.app, @bsky.app, @o.simardcasanova.net, @dnas.is, @pogue.omg.lol, @evacide.bsky.social, @billcorbett.bsky.social, @thechillennial.bsky.social, @autiomaa.org, and @surfdude29.ispost.ing
Forums: Hacker News, r/technology, and Beehaw
| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Pieter Haeck / Politico: |
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns — Of all the shots Europe is firing at China, the threat of a blanket TikTok ban is likely to only scuff Beijing.
More: Yahoo News, Eurasia Review, Yahoo Finance, Newsweek, and Kirkville
X: @politicoeurope, @pieter_haeck, and @defensebaron
Forums: r/europeanunion and r/eutech
| Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.
More: AppleInsider
| Anthony Ha / TechCrunch: |
Meta launches quote post controls for all Threads users, letting them allow quotes from everyone on Threads, only the people they follow, or disable quote posts — Threads users can now exert more control over who can quote their posts. — This builds on a feature that already allows Threads users …
More: Android Police, Android Headlines, Engadget, Social Media Today, PCMag, and Neowin
Threads: @mosseri, @nixxi.mohilchock, @nixxi.mohilchock, @nixxi.mohilchock, @dodgersfanpg, @danielthejew, @_davidking17_, @shaneblair8580, @codedrift.social, @ghostoflviv_, @darnell, and @documentingmeta. Mastodon: @stefan@stefanbohacek.online. Bluesky: @josh.uno
| Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Coco Feng / South China Morning Post: |
Tens of thousands of overworked employees have left their jobs at China's largest tech companies in recent years, as the industry lost its growth momentum — - As of the end of 2023, China's BAT - Baidu, Alibaba and Tencent - had a combined total of 364,477 employees, a drop of nearly 25,000 from a year before| Ashley Carman / Bloomberg: |
Over 40K Audible books are marked as having been made with an AI “virtual voice”, saving authors hundreds or thousands of dollars per title on narration costs — While authors appreciate the new revenue stream, audiobook listeners are complaining about the influx of new material| Tassilo Hummel / Reuters: |
Atos says it received four distinct offers to restructure its debt and inject cash from investors including Atos' banks and its largest shareholder Onepoint — Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt …
More: Financial Times
| Pei Li / Bloomberg: |
Sources: Chinese self-driving startup Beijing Momenta Technology confidentially filed for an IPO in the US and could raise $200M to $300M as early as in 2024 — - Chinese company is working with banks on a potential listing — Momenta working with banks, aiming to raise up to $300 million
More: Benzinga
| Muyao Shen / Bloomberg: |
DEX Screener: the value of decentralized social platform Friend.tech's native token, the Friend, fell ~98% to below $2 after making its trading debut on May 3 — - “No one can figure out the tokenomics,” Delphi's Rinko says — Friend.tech's growth has been driven in part by trading bots| Anthony Ha / TechCrunch: |
The US announces $285M in CHIPS Act funding for research into semiconductor digital twin development, which may reduce chip development and manufacturing costs — President Joe Biden's administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins.Sponsor Posts
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 6: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
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| Charlie Warzel / The Atlantic: |
More: Business Insider, The Overspill, and The Decoder
X: @theatlantic, @iethics, @jadubin5, @iethics, @scottnover, @dlberes, @cwarzel, and @saahil_desai. LinkedIn: Guido Palazzo
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Bluesky: @chickenpuppet.bsky.social. X: @ieeespectrum, @josecamoessilva, @infornomics, and @badlogicgames
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More: Windows Copilot News. Mastodon: @ajsadauskas@aus.social and @mindful@mas.to. Bluesky: @hypervisible.bsky.social. X: @nathanbenaich. Forums: r/technews
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LinkedIn: Steve Trimble, Dan Ward, Michael Kanaan, and Eric Manuel
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More: National Center for Missing & Exploited Children. X: @senossoff, @marshablackburn, and @ncmec
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| Joanna Stern / Wall Street Journal: |
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Threads: @daultonvenglar and @joannastern
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X: @joekndy, @alexeheath, @tvanschadewijk, and @joannastern