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May 4, 2021, 12:05 PM
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| Dieter Bohn / The Verge: |
Twitter buys Scroll, the $5/month service that removes ads from partner news sites; Scroll's Nuzzel email service will shut down on May 6 — The Nuzzel email service is winding down and the future of Scroll is uncertain — Twitter's acquisition spree continues today with Scroll …
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Twitter, Nuzzel Blog, On my Om, Scroll Blog, TechCrunch, Silicon Republic, CNN, The Economic Times, Bloomberg, 9to5Mac, CNET, Vox, Fast Company, Variety, Neowin, and Axios
Tweets: @arctictony, @mep, @craigsilverman, @arctictony, @jowens510, @walldo, @jcstearns, @mep, @alexjamesfitz, @martinsfp, @gaberivera, @gaberivera, @mmasnick, @mmasnick, @tryscroll, @barry, @mathewi, @loudmouthjulia, @jeffjarvis, @modestproposal1, @dabeard, @mattnavarra, @backlon, @anildash, @mayarodale, @joshsternberg, @raju, @rasmus_kleis, @jaycodon, @wuebben, @jeffjarvis, @backlon, @mathewi, @elliotturn, @arctictony, @arctictony, @arctictony, @arctictony, @arctictony, @anthony, @reckless, @caseynewton, @mep, @tryscroll, @tryscroll, @mep, @sarafischer, and @sarafischer
| Mitchell Clark / The Verge: |
Court docs: Epic's total gross revenue was $5.6B in 2018 and $4.2B in 2019, with the vast majority of revenue coming from Fortnite — New financial figures were revealed as part of Epic Games' antitrust case against Apple — After a meteoric rise to popularity in 2018 … | Chance Miller / 9to5Mac: |
Epic vs. Apple trial begins with Epic attacking the App Store's “walled garden”, arguing Apple's 30% cut is monopolistic; Apple argues 30% is standard practice — Today marked the beginning of the highly-anticipated Apple vs. Epic trial, and things kicked off with both companies presenting their opening statements.
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The Verge, The Verge, MacRumors, GamesIndustry.biz, Digital Trends, Philip Elmer‑DeWitt, iMore, Ars Technica, phonearena.com, SiliconANGLE, Axios, Vox, and VentureBeat
Tweets: @nickstatt, @tomwarren, @kifleswing, @patrickmcgee_, @johnmarknewman, @patrickmcgee_, @colincornaby, @kifleswing, @kifleswing, @jacobwolf, @thedextriarchy, @kifleswing, @chrismlacy, @thedextriarchy, @ronamadeo, @rjonesy, @cstar_ow, @kifleswing, @snazzyq, @eringriffith, @pkafka, @eringriffith, @eringriffith, @eringriffith, @thedextriarchy, @iansherr, @patrickmcgee_, @thedextriarchy, @zittrain, @reckless, @eringriffith, @thedextriarchy, @benbajarin, @tomwarren, @thedextriarchy, @iansherr, @mattocko, @iansherr, @eringriffith, @thedextriarchy, @stephennellis, @reckless, @nickstatt, @lauren_feiner, @nickstatt, @patrickmcgee_, @eringriffith, @nickstatt, @iansherr, @patrickmcgee_, @iansherr, @nickstatt, @patrickmcgee_, @patrickmcgee_, @willoremus, @reggie, @patrickmcgee_, @patrickmcgee_, @patrickmcgee_, @gamoid, @jakesucky, @thedextriarchy, @gamoid, @iansherr, @iansherr, @eringriffith, @thedextriarchy, @thedextriarchy, and @thedextriarchy
| Mark Gurman / Bloomberg: |
Court docs: in a 2011 email Phil Schiller floated cutting Apple's 30% fee, provided it could still generate $1B in annual App Store profits when the fee was cut — - Top executive proposed fee cut at $1 billion in annual profit — App Store fee structure, policies at issue in trial with Epic| Casey Newton / The Verge: |
Basecamp employees detail an all-hands that led to resignations, including the head of strategy, who questioned the existence of white supremacy at the company — I. — At 8AM PT on Friday, a bleary-eyed Basecamp CEO Jason Fried gathered his remote workforce together on Zoom to apologize.
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Wall Street Journal. Tweets: @briannawu, @mattetti, @karenmcgrane, @monteiro, @s_m_i, @reckless, @amyhoy, @brosandprose, @mtaibbi, @beijingdou, @carnage4life, @juliaangelenpr, @emilygorcenski, @_danilo, @cindygallop, @thedextriarchy, @lhfang, @kvlly, and @engineering_bae
| Sarah McBride / Bloomberg: |
Justin Zhu, former Iterable CEO ousted for taking LSD before a meeting, on his disputes with key investors and the challenges of being Chinese in Silicon Valley — Justin Zhu, chief executive officer of digital marketing startup Iterable Inc., was walking down Broadway in San Francisco …
Tweets: @ellenhuet, @chris_skinner, @jfberke, @markmilian, @kateclarktweets, @garrytan, @coolgrey, @stevegraham, @hkanji, @keegan_hamilton, and @curtisschin
| Rupert Neate / The Guardian: |
Filing: Amazon had sales of €44B in Europe in 2020, but reported a €1.2B loss and therefore paid no corporate tax — Despite lockdown surge the firm's Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax — Fresh questions have been raised …
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The Irish Times and Slashdot
Tweets: @carolinelucas, @margarethodge, @yanisvaroufakis, @dresserman, and @carolinepennock
| Reuters: |
Apple hires ex-Google AI scientist Samy Bengio, who left last month after colleagues' firings; sources say Bengio will lead a new AI unit under John Giannandrea — Apple Inc (AAPL.O) said on Monday it has hired former distinguished Google (GOOGL.O) scientist Samy Bengio …
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Fortune, Engadget, Cult of Mac, TNW, iThinkDifferent, and Ars Technica
Tweets: @peard33, @superpixels, @timnitgebru, and @9to5mac
| Ingrid Lunden / TechCrunch: |
Acronis, which provides data backup and protection services, raises $250M at a $2.5B+ valuation led by CVC — As cybersecurity continues to grow in profile amid an increasingly complex and dangerous landscape of malicious activity, a cyber security vendor that specializes in “all-in-one” …
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VentureBeat, Tech.eu, ZDNet, CRN, Acronis, Private Equity News, Tech in Asia, and Channel Futures. Thanks:@ingridlunden
| Eric Slivka / MacRumors: |
Apple releases iOS 14.5.1, watchOS 7.4.1, and macOS Big Sur 11.3.1 with security fixes for flaws in WebKit that Apple says were being actively exploited — Alongside iOS 14.5.1 and watchOS 7.4.1, Apple today also released macOS Big Sur 11.3.1, which the company says “provides important security updates”.
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Apple Support, Forbes, The Hacker News, XDA Developers, Naked Security, Laptop Mag, and iThinkDifferent
| Reuters: |
Sources: TSMC is planning to build up to five more chipmaking facilities in Arizona, beyond the one currently planned — TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is planning to build several more chipmaking factories in the U.S. state of Arizona beyond the one currently planned …
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AppleInsider, 9to5Mac, Cult of Mac, MacDailyNews, iClarified, Patently Apple, and iMore
| Stephen Shankland / CNET: |
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CBS News, Thurrott, and Wccftech
Tweets: @weareintel, @at983, @gaborfari, @anandtech, @senatorlujan, and @stshank
| Kate Clark / The Information: |
PitchBook: the number of “inside rounds”, where only previous investors participate, rose to over 1,000 in 2020 with $30B invested, up 15% from 2019 — Venture capitalists may be getting too comfortable with marking up their own portfolios. — The number of inside rounds … | Sarah Perez / TechCrunch: |
Twitter opens Spaces, its live audio feature, to anyone with 600+ followers and details plans for Ticketed Spaces, reminders, co-hosting, accessibility, more — Twitter Spaces, the company's new live audio rooms feature, is opening up more broadly. The company announced today it's making …
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Twitter, PCMag, BGR India, Android Headlines, 9to5Google, MUO, TNW, SiliconANGLE, iMore, and TechRadar
Tweets: @twitterspaces, @twitterspaces, @twitterspaces, @immak02, @thauburger, @thecosby, @mariosundar, @iwillleavenow, @nixgeek, @greencapalot, @greetinghimeros, @pearkes, @racheltobac, @yashar, @mandmstravels, @chrismessina, @twitterspaces, @twitterspaces, @twitterspaces, @carnage4life, @larakate, @willoremus, @willoremus, @willoremus, @joshconstine, @quinnypig, @martinsfp, @carnage4life, @caseynewton, and @willoremus
| Mary Ann Azevedo / TechCrunch: |
HoneyBook, which offers financial and business management tools to SMBs and freelancers, raises $155M Series D at $1B+ valuation, has doubled users in 12 months — HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers …
More:
Crunchbase News, FinLedger, FinSMEs, CTech, and VentureBeat
| Madhukumar Warrier / Benzinga: |
Dogecoin co-creator says he sold all his coins in 2015 to buy a used Honda Civic; Dogecoin is now near its all time high and has a bigger market cap than Honda — Dogecoin (DOGE), which hit an all-time high near the 45-cent level on Monday night, has now surpassed automaker Honda Motor Co. Ltd. …
Tweets: @rstephens, @gregotto, @patrickmcgee_, and @carnage4life
| Miles Kruppa / Financial Times: |
Sources: Tiger Global is seeking to raise a new $10B fund, weeks after announcing a $6.7B fund; PitchBook says Tiger made 100 investments so far in 2021 — NY-based firm has been on a relentless dealmaking spree — Tiger Global Management, which has started the year with a blizzard … | Steve Kovach / CNBC: |
Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo” — - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.
More:
Verizon, Silicon Valley Business …, Search Engine Land, PRWeek, Protocol, Axios, Engadget, Axios, Telecoms.com, Search Engine Roundtable, Nieman Lab, SlashGear, GSMArena.com, and Washington Post
Tweets: @megancgraham, @gregpinelo, @amykremer, @samstein, @zackwhittaker, and @lexnfx
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