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May 2, 2018, 10:05 PM
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| Wall Street Journal: |
Cambridge Analytica is shutting down following the Facebook data misuse scandal, says it was losing clients and facing mounting legal fees — Company had lost multiple clients in recent months — Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign …
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CA Commercial, Gizmodo, Wired, NBC News, BBC, eWeek, The Verge, Android Authority, The Next Web, SlashGear, CNBC, The Register, BBC, The Hill, Washington Post, Engadget, CNN, BuzzFeed, Reuters, International Business Times, TechCrunch, TechSpot, Fast Company, Forbes, Vanity Fair, Digital Trends, PYMNTS.com, Associated Press, MSPoweruser, Vox, Boing Boing, CNET, MIT Technology Review, Slate, Quartz, Adweek, Bloomberg, Financial Times, Motherboard, VentureBeat, MacDailyNews, USA Today, Recode, Beyond Search, The Wrap, Ars Technica, Axios, Engadget, Business Insider, NPR, Newser, NBC Bay Area, New York Magazine, and Politico
Tweets: @rubenkmajor, @kurtwagner8, @rmac18, @agschneiderman, @ivanthek, @timkmak, @dnvolz, @mollymckew, @darth, @baekdal, @martinsfp, @jpodhoretz, @kylegriffin1, @mollymckew, @kt_so_it_goes, and @emptywheel
| Spotify Investor Relations: |
Spotify reports first ever financial results with Q1 revenue of €1.139B, up 26% YoY, on operating loss of €41M; MAUs up 30% YoY to 170M — Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2018 ending March 31, 2018.
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The Verge, Variety, AppleInsider, Reuters, AdExchanger, Engadget, Associated Press, VentureBeat, Investor's Business Daily, MSPoweruser, Recode, Axios, and TechCrunch
Tweets: @recode, @joshconstine, @lucas_shaw, and @lucas_shaw
| Bill Jia / Facebook Code: |
Facebook debuts PyTorch 1.0, which optimizes production performance and improves model compatibility with other AI frameworks, coming to beta in a few months — The path for taking AI development from research to production has historically involved multiple steps and tools …
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PyTorch, ZDNet, Engadget, Caffe2, Facebook Developers, The Register, Developer tools …, SlashGear, SiliconANGLE, and VentureBeat. Tweets: @jekbradbury
| Jerome Pesenti / Facebook Code: |
Summary of Facebook's AI-related announcements at F8: PyTorch 1.0 open source framework unveiled, expansion of Open Neural Network Exchange, updates on research — Artificial intelligence has the potential to transform lives, creating new digital experiences while safeguarding our existing online interactions.
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TechCrunch, GeekWire, GitHub, Microsoft Azure Blog, Facebook Code, and Facebook Code
Tweets: @harrymccracken, @shiraovide, @venturebeat, @harrymccracken, @venturebeat, and @venturebeat
| Lucas Matney / TechCrunch: |
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Fortune, Fast Company, Facebook Code, CNNMoney, Wired, Popular Science, TechRadar.com, ZDNet, kottke.org, Engadget, Fast Company, iPhone in Canada Blog, and VentureBeat
Tweets: @felixsalmon and @joshconstine
| Bloomberg: |
Sources: Google is building Arcade, a social-gaming startup led by 21yo ex-Facebook staffer Michael Sayman, which will release a trivia-style app this summer — Michael Sayman, 21-year-old ex-Facebooker, said to be leading — Company will focus on mobile gaming with friends, Google says
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Digital Trends, Tech Times, Android Authority, Engadget, 9to5Google, The Verge, and Seeking Alpha
Tweets: @joshconstine and @michaelsayman
| Kara Swisher / Recode: |
Zynga founder Mark Pincus reducing his voting power in the social gaming firm from a 70% to 10% stake, will remain on board but as non-executive chairman — In an unusual move, Pincus doesn't want the final say anymore and wanted more freedom. — In an unusual move for a Silicon Valley company …
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Mark Pincus, Business Insider, Business Insider, New York Times, San Francisco Chronicle, Wall Street Journal, VentureBeat, Bloomberg, VentureBeat, and CNBC. Tweets: @danprimack
| Natalie Gagliordi / ZDNet: |
Square Q1: non-GAAP revenue of $307M, up 51% YoY, gross payment volume of $17.8B, up 31% YoY, net loss of $24M; stock down 5%+ after hours due to low guidance — The company posted a Q1 net loss of $24 million, or six cents a share, compared to a net loss of $15.1 million, or four cents a share, a year earlier.
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Square Investor Relations, MarketWatch, CNBC, CNBC, and Investor's Business Daily
| Paul Vigna / Wall Street Journal: |
Source: Telegram is calling off the public part of the ICO for the Telegram Open Network after raising $1.7B from 175 accredited investors via private deals — Telegram plans to put the money it raised into a new digital payment platform, Telegram Open Network, meant for a wide audience
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Gizmodo, Recode, The Verge, SiliconANGLE, Bitcoinist.com, CCN, and Seeking Alpha
Tweets: @alexeheath, @currencyfront, and @teddyschleifer
| Peggy Sito / South China Morning Post: |
Xiaomi files for an IPO in Hong Kong; sources say the Beijing-based company is seeking to raise $10B at a valuation of $100B — Xiaomi's 2017 sales jumped by two-thirds to 114.6 billion yuan, while operating profit tripled and adjusted net profit soared from a year earlier| Nathaniel Popper / New York Times: |
Goldman Sachs to open a Bitcoin trading operation, will begin using its own money to trade Bitcoin futures contracts on behalf of clients in the next few weeks — SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin.| Thuy Ong / The Verge: |
Google announces investment program for early-stage startups working on Google Assistant hardware or features, similar to Amazon's Alexa Fund — Funding the Google Assistant ecosystem — Today, Google is launching a new investment program for early-stage startups working to broaden Google Assistant hardware or features.
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CNET, Google Developers, TechCrunch, CNBC, The Keyword, Engadget, 9to5Google, Android Authority, SlashGear, AndroidHeadlines.com, SiliconANGLE, 9to5Google, VentureBeat, and GeekWire. Tweets: @mhbergen
| Zack Whittaker / ZDNet: |
Coalition representing Apple, Google, Facebook, and others criticize law enforcement backdoors in devices, after Wired profile of Ray Ozzie's key escrow idea — The tech coalition includes Apple, Facebook, Google, Microsoft, and Verizon and Yahoo's parent company Oath …
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Reform Government Surveillance, 9to5Mac, MacRumors, Cult of Mac, AppleInsider, and iPhone in Canada Blog
Tweets: @riana_crypto and @zackwhittaker
| Check Point Research: |
North Korea's state antivirus software, SiliVaccine, contained a decade-old copy of Trend Micro's scan engine and also came bundled with the Jaku malware — Revealed: In an exclusive piece of research, Check Point Researchers have carried out a revealing investigation into North Korea's home-grown anti-virus software, SiliVaccine.
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Gizmodo, ZDNet, Threatpost, The Register, Forbes, SecurityWeek, and Cyberscoop
| Ashley Carman / The Verge: |
LG announces G7 ThinQ with 6.1" QHD+ LCD display and notch, dual 16MP rear cameras, 3,000mAh battery, Snapdragon 845, Android Oreo, Assistant button, and more — Photography by Amelia Holowaty Krales / The Verge — After months of leaks, LG's new G7 ThinQ phone is officially here.| Frederic Lardinois / TechCrunch: |
Google streamlines its Maps API platform, renaming it Google Maps Platform and combining 18 APIs into three groups, Maps, Routes, and Places — Google is launching a major update to its Google Maps API platform for developers today — and it's also giving it a new name: the Google Maps Platform.
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Google Maps Platform, XDA Developers, 9to5Google, CNET, Business Insider, and VentureBeat
| Josh Constine / TechCrunch: |
Reflections on the shift to the Stories format, which will likely surpass other formats soon, as nearly a billion users consume stories across social networks — We're at the cusp of the visual communication era. Stories creation and consumption is up 842 percent since early 2016, according to consulting firm Block Party.| Nick Statt / The Verge: |
Facebook says it's partnering with RED to develop a professional-grade VR camera, as part of its Surround 360 platform; pricing and release TBD — We don't yet know what it looks like, or how much it will cost — Facebook is partnering with camera maker RED to develop …
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VentureBeat, CNET, creator.oculus.com, TechCrunch, Road to VR, CNET, Variety, and Engadget
| Bloomberg: |
Sources: Amazon is offering to pass along discounts it gets on credit card fees to retailers if they use its payments service Amazon Pay — Move shows retailer is willing to sacrifice to grow Amazon Pay — It's another challenge to PayPal, big banks and card networks
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CNBC
| Sarah Perez / TechCrunch: |
Hulu says it has surpassed 20M subscribers in the US, introduces offline mode, and inks animation deal with DreamWorks — Hulu now has over 20 million U.S. subscribers - that's up from the 17 million-plus it claimed in January. The news of its subscriber growth is being delivered alongside …
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The Verge, CNET, Engadget, Android Authority, AdExchanger, AppleInsider, CNET, 9to5Mac, Thurrott.com, Axios, CNBC, Seeking Alpha, Variety, Gizmodo, MacRumors, and The Wrap
| Sara Fischer / Axios: |
Facebook to bring outside advisers for a civil rights audit of its impact on minority groups and to investigate claims it's biased against conservative voices — To address allegations of bias, Facebook is bringing in two outside advisors — one to conduct a legal audit of its impact …
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The Hill, Techdirt, Mashable, Nieman Lab, CNET, Engadget, New York Magazine, Gizmodo, Media Matters for America, ThinkProgress, Silicon Valley Business …, The Verge, and Vanity Fair
Tweets: @peterwsinger, @stevenlevy, @sarahnemerson, @sarafischer, @rasmus_kleis, @matthewstoller, @mattgertz, @jbenton, and @ericwilson
| Joseph Cox / Motherboard: |
Facebook confirms it has fired one of its security engineers who allegedly used privileged access to stalk women online — After a member of the information security community provided evidence to Facebook's chief information security officer, the company has terminated a security engineer …
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Wall Street Journal, Reuters, The Guardian, Mercury News, Gizmodo, TechCrunch, Engadget, and CNET
Tweets: @facebook, @facebook, @facebook, @vtoubiana, @onejarednewman, and @darth
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