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May 15, 2020, 7:15 PM
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| Axios: |
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round — Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
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Protocol, About Facebook, GIPHY, OneZero , Ars Technica, The Information, The Verge, Wired, CNBC, AdExchanger, Reuters, Daring Fireball, Crunchbase News, Digital Trends, Silicon Valley Business …, Los Angeles Times, SiliconANGLE, Gizchina, Gizmodo, Tom's Guide, Washington Post, The Mac Observer, TechSpot, Pocket-lint, SlashGear, TechCrunch, Input, 9to5Mac, Thurrott, Neowin, TechCrunch, Wccftech, Android Headlines, Business Insider, The Next Web, Android Authority, XDA Developers, Tubefilter, MacRumors, Adweek, Social Media Today, iMore, NBC News, CNN, iDownloadBlog.com, AppleInsider, Hollywood Reporter, and ZDNet
Tweets: @giphy, @facebook, @xor, @telegram, @mathewi, @moxie, @williamturton, @dhof, @alexeheath, @markgurman, @can, @seldo, @alexstamos, @cycle_soosai, @mattlynley, @alexrkonrad, @jonfortt, @brosandprose, @wyldkard, @quinnypig, @caseynewton, @db, @jonrussell, @bafeldman, @tonyromm, @dannyjpalmer, @backlon, @leojtravis10, @hunterwalk, @pixlpa, @mattsta, @adamjmoussa, @quinnypig, @vivekxk, @bdsams, @briannekimmel, @caseynewton, @daithaigilbert, @sarahfrier, @joshelman, @rustybrick, @edzitron, @stephcd, @paulbernaluk, @wongmjane, @chronotope, @howardlindzon, @jeremysliew, @josephfcox, @tomwarren, @jason_kint, @mattlynley, @counternotions, @moonalice, @gymshortsstuds, @taylorlorenz, @stevekovach, @tuviae, @sivavaid, @alexhern, @sbisson, @arctictony, @shaig, @joshconstine, @kevinroose, @alexstamos, @sarahfrier, and @taylorlorenz
| Wall Street Journal: |
Sources: DOJ and state AGs are likely to bring antitrust lawsuits against Google as soon as this summer, focusing on its ad business and search dominance — Both the federal and state investigations are focused on Google's ad business — WASHINGTON—Both the Justice Department and a group …
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The Verge, Business Insider, 9to5Google, Android Authority, Axios, CNET, The Hill, CNBC, Reuters, PYMNTS.com, Digital Trends, and MSPoweruser
Tweets: @ivanthek, @thomasbcn, @pr1ntf, @thatarthurblake, @lutherlowe, @sgurman, @jasonzweigwsj, and @jamesvgrimaldi
| Reuters: |
US bans sales to Huawei of semiconductors and semiconductor designs made abroad using certain US software and technology — WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action that could ramp up tensions with China.
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U.S. Department of Commerce, CNBC, South China Morning Post, The Next Web, TechCrunch, Gizmodo, Wall Street Journal, Android Authority, Reuters, XDA Developers, Forbes, Android Headlines, U.S. Department of Commerce, South China Morning Post, Gizchina, Financial Times, NBC Bay Area, The Verge, Android Central, Android Police, Wccftech, iPhone in Canada Blog, and Associated Press
| Global Times: |
China signals it is ready to retaliate for US' Huawei ban by launching investigations or imposing restrictions on companies like Qualcomm, Cisco, and Apple — China is ready to take a series of countermeasures against a US plan to block shipments of semiconductors to Chinese telecom firm Huawei …
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Wired, New York Times, National Review, CNBC, Patently Apple, The Mac Observer, Android Headlines, Neowin, MacDailyNews, 9to5Mac, iPhone Hacks, AppleInsider, and iMore
Tweets: @nytimes, @pstasiatech, @indopac_info, @wiredbusiness, @teroterotero, @seanspicer, @b_fung, and @globaltimesnews
| Alex Konrad / Forbes: |
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation — Clubhouse is a voice-based social media app with about 5,000 beta test users. Prospective listeners have to sign up for a waitlist via Google form …
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Axios, The Information, Business Insider, and Keep Up With KP
Tweets: @eliotwb, @nmasc_, @alexrkonrad, @joshconstine, @jason, @jason, @sriramk, @kwamekvamme, @ingridlunden, @willoremus, @teddyschleifer, @fred_montagnon, @michelletandler, @taylorlorenz, @nbashaw, @garrytan, @davewiner, @taylorlorenz, @alexrkonrad, @suhail, @jaykapoornyc, @mdudas, @caseynewton, and @bramk. Thanks:@alexrkonrad
| Ben Lovejoy / 9to5Mac: |
Netflix begins restoring full quality streaming in Europe; Apple TV+ restored 4K streaming in late April — Netflix is gradually lifting coronavirus-related streaming quality limits in Europe. Netflix, Apple TV+, Amazon Prime Video has all complied with a European Commission request …
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FlatpanelsHD, Gizmodo UK, Android Central, TechSpot, The Verge, Android Authority, The Next Web, Neowin, and The Streamable
Tweets: @gizmodouk, @benlovejoy, @androidauth, @taxreformer, @thenextweb, and @somospostpc
| Brian Heater / TechCrunch: |
NPD: consumer spending on video gaming in the US hit a record $10.86B between January and March, up 9% YoY, with sales from video game content up 11% to $9.58B — New numbers from NPD confirm what we've known for a while: the first quarter of 2020 was a very good one for gaming companies.
More:
NPD Group, CNET, The Verge, VentureBeat, Bloomberg, Dot Esports, and IGN
| Kevin Roose / New York Times: |
Members of the anti-vaccine community are experienced at exploiting weaknesses of social media platforms and are primed to sow doubts about a COVID-19 vaccine — Social media is already filling up with misinformation about a Covid-19 vaccine, months or years before one even exists.
More:
Engadget. Tweets: @kevinroose, @chelseaclinton, @alfiekohn, @bostonjoan, @sykescharlie, and @sachabaroncohen
| Debby Wu / Bloomberg: |
Foxconn reports profit decline of 89% YoY to $70M in Q1 with revenue down 12% YoY, as the coronavirus froze much of its China production and demand slumped — - Hon Hai's net income dived 89% in virus-hit first quarter — Apple's main partner drives home extent of global malaise
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Reuters, 9to5Mac, Wall Street Journal, AppleInsider, South China Morning Post, iPhone in Canada Blog, Philip Elmer‑DeWitt, MacRumors, TechCrunch, and Reuters. Tweets: @bloombergasia
| Bloomberg: |
Sources: AppLovin paid ~$500M for mobile game developer Machine Zone, which was valued at ~$5B during its last funding round in 2016 — - It had raised about $725 million and had $5 billion value once — Machine Zone paid for Super Bowl ad starring Kate Upton| Saheli Roy Choudhury / CNBC: |
Singapore state investor Temasek joins Libra, along with cryptocurrency investor Paradigm and private equity firm Slow Ventures — - Singapore state investor Temasek is one of the latest organizations to join the Facebook-backed digital currency project libra.
More:
Libra.org, coinspeaker.com, and BitcoinExchangeGuide
Tweets: @r0h1n, @katie_haun, @ryan_browne_, @reuters, @mdudas, @arjunkharpal, @messaricrypto, and @davidmarcus. Thanks:@ryan_browne_
| Bloomberg: |
Sources: Discord is in talks to raise new funds at a valuation of between $3B and $4B; the chat app was valued at $2B in December 2018 — Chat-tool provider Discord Inc. is in talks to raise new capital from investors at a time its business is booming because of stay-at-home orders amid the coronavirus pandemic.
Tweets: @katie_roof and @gilliantan
| Tim Hardwick / MacRumors: |
Spotify restores web player support for Safari after removing it in 2017 — Spotify users can once again use Safari to access the streaming service's web player, following the restoration of support for Apple's browser this week after over two-and-a-half years of incompatibility.Sponsor Posts
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