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April 26, 2019, 1:55 PM
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Top News

New York Times:
Sources: as it weighs constraints for Facebook, the FTC has discussed stronger monitoring of Facebook's privacy practices and direct punishment of Zuckerberg  —  Regulators on four continents are preparing for a long-awaited showdown with Facebook, after years of disinterest and half-steps.
Mike Isaac / New York Times:
New York State Attorney General announces investigation into Facebook's unauthorized collection of more than 1.5M users' email address books
Tony Romm / Washington Post:
Canadian privacy regulator finds that Facebook committed serious breaches of local privacy laws due to its mishandling of users' personal info
Lauren Feiner / CNBC:
Slack files for an IPO via direct listing, reports loss of $138M on $400M revenue for FY 2019 ending Jan. 31, compared to $140M loss and $220M revenue for 2018  —  - Slack follows several tech companies that have already debuted on the public market in 2019, including Lyft, PagerDuty, Pinterest and Zoom.
Dieter Bohn / The Verge:
iFixit says it has removed its Samsung Galaxy Fold teardown at Samsung's request through a “trusted partner” who supplied iFixit with the phone  —  The drama is unfolding with increasing strangeness  —  What in the world is going on over at Samsung in the wake of the Galaxy Fold delay?
Frank Chaparro / The Block:
NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor  —  The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
Tripp Mickle / Wall Street Journal:
Sources: Three veteran designers from Apple's industrial design team are leaving as the famously close-knit team under Jony Ive undergoes a series of changes  —  Three designers will have recently left the prestigious, two-dozen member team responsible for the iPhone's design
Raymond Zhong / New York Times:
Huawei tried to explain its ownership structure after a report accused it of being misleading about the matter, but questions remain  —  SHENZHEN, China — For one of the world's largest technology companies, it should be a simple question:  —  Who owns Huawei?
Dan Primack / Axios:
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B  —  Uber on Friday morning disclosed that it plans to raise upwards of $10.35 billion in its IPO, at a market cap that could approach $84 billion.  — The ride-hail giant …
Chaim Gartenberg / The Verge:
Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement  —  Which came first, the chicken or the egg?  —  Intel has clarified that it bowed out of the mobile 5G marketplace earlier this month, and now we know why …
Dean Takahashi / VentureBeat:
Intel slightly beats with Q1 revenue of $16.1B, flat YoY, “data-centric” revenue down 5% YoY, and PC revenue up 4% YoY; stock down 7%+ after hours
Josh Constine / TechCrunch:
In a chat with the historian Yuval Noah Harari, Zuckerberg says Facebook will not comply with the laws of authoritarian countries requiring local data centers  —  If free nations demand companies store data locally, it legitimizes that practice for authoritarian nations which can then steal …
More: Facebook
Facebook: Mark Zuckerberg.  Tweets: @thekenyeung, @lfdodds, and @facebook
Shannon Liao / The Verge:
Amazon says it's working to offer free one-day shipping as the default for Prime customers but that it will take “a significant amount of time to achieve”  —  Amazon revealed today that it's working to offer free one-day shipping as the default for Amazon Prime customers …
Amazon:
Amazon reports Q1 revenue of $59.7B, up 17% YoY, operating income of $4.4B, up from $1.9B in Q1 2018, and net income of $3.6B, up from $1.6B in Q1 2018
Emil Protalinski / VentureBeat:
Amazon reports Q1 “other” category revenue, which mostly covers its ad business, of $2.7B, up 34% YoY, and subscriptions services revenue of $4.3B, up 40% YoY
Tony Romm / Washington Post:
Sources: Rep. Ilhan Omar asked Jack Dorsey in a call why Twitter didn't pull Trump tweet with a video prompting death threats; Dorsey said it didn't break rules  —  Twitter did not take down the tweet, despite Omar's request, a source said.  —  Twitter chief executive Jack Dorsey phoned Democratic …
Motherboard:
Sources: at a Twitter all-hands, a staffer said it doesn't block white supremacist content as aggressively as ISIS since algorithms may ban some GOP politicians

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This is a Techmeme archive page. It shows how the site appeared at 1:55 PM ET, April 26, 2019.

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

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

More News

Joseph Cox / Motherboard:
Sources: Google bars NGOs from providing Titan Security keys or promoting the availability of any of its products to activists in Iran, Syria, Cuba, or N. Korea
Sergiu Gatlan / BleepingComputer:
Microsoft says it will drop password expiration policies with the Windows 10 May 2019 Update, suggests organizations implement other password security practices

Earlier Picks

Tim Ingham / Music Business Worldwide:
Sources: Amazon is readying a high fidelity music streaming service that's expected to launch before the end of 2019, will likely cost $15 per month
Eddie O'Neil / Facebook Developers:
Facebook says it will no longer permit apps with minimal utility, such as personality quizzes, and will expire user permissions not used or accessed in 90 days
Ashley Carman / The Verge:
After Luminary admits using links that hide some podcast listener data, popular creators like Ben Thompson, Owen Williams, Federico Viticci pull their podcasts
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