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Techmeme
May 5, 2021, 12:25 PM

Top News

Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules  —  The Board has upheld Facebook's decision on January 7, 2021, to restrict then-President Donald Trump's access to posting content on his Facebook page and Instagram account.
More: About Facebook, New York Times, New York Times, Ars Technica, New York Times, Washington Post, Tech Policy Press, Washington Post, Insider, Wall Street Journal, Bloomberg, The Verge, Pew Research Center, Axios, Protocol, TNW, 9to5Mac, CNBC, ZDNet, CNET, Gizmodo, Engadget, Protocol, TechCrunch, The Guardian, BuzzFeed News, VICE, Vox, New York Times, Los Angeles Times, Axios, OneZero, Donald J. Trump, Android Headlines, Axios, MUO, Insider, Newser, Electronic Frontier Foundation, BBC, Variety, Deadline, USA Today, and Financial Times
Makena Kelly / The Verge:
After teasing a new social media platform, Trump debuts a new section on his website that's effectively a blog  —  A true poster never logs off for long  —  After months of promising his own social media network for banned posters, former President Donald Trump on Tuesday launched a new section …
Shoshana Wodinsky / Gizmodo:
Signal says Facebook shut down its ad account over an Instagram ad campaign that showed the user data Facebook collects to sell ads  —  A series of Instagram ads run by the privacy-positive platform Signal got the messaging app booted from the former's ad platform, according to a blog post Signal published on Tuesday.
Danielle Partis / GamesIndustry.biz:
Following the departure of Google Stadia's head of product John Justice, a further six employees have left Stadia to work at Haven Studios, founded by an ex-VP  —  Former Stadia general manager Sebastien Puel is a co-founder of Jade Raymond's new venture  —  A further six members of staff …
Paul Vigna / Wall Street Journal:
Crypto-focused financial services company Galaxy Digital acquires BitGo, which makes multi-signature cryptocurrency wallets, for $1.2B in cash and stock  —  Purchase coincides with a nearly yearlong rally in the sector, whose market value has surged to $2 trillion
Adam Janofsky / The Record:
Study: 60% of 73 K-12 apps from 38 schools in 14 states across the US send student data to a variety of third parties, roughly 50% to Google and 14% to Facebook  —  The COVID-19 pandemic has pushed schools around the country to adopt and rely heavily on new technology.
Salvador Rodriguez / CNBC:
Facebook says that Workplace has 7M paid subscribers, up 40% YoY, as it announces new features, like Microsoft 365 and G-Suite calendar integrations  —  - Facebook's Workplace enterprise communications software has now reached 7 million paid subscribers.  — The milestone is up 40% from 5 million last May.
Taylor Lorenz / New York Times:
Profile of MrBeast, the most subscribed YouTuber in the US, who took a bumpy road to fame through stunt philanthropy, as he branches out into other businesses  —  Jimmy Donaldson, 22, is out to become the Elon Musk of online creators.  —  Jimmy Donaldson, 22, a YouTube megastar better known as Mr. Beast …
Zack Whittaker / TechCrunch:
Researcher details a Peloton API bug that let anyone access private account info, which initially went unpatched until a reporter contacted Peloton  —  But the company won't say if it has evidence of malicious exploitation.  —  Halfway through my Monday afternoon workout last week …
Carmen Reinicke / CNBC:
Dogecoin's price surged roughly 40% on Tuesday, reaching a market cap of $69B, up 11,000% YTD, and making Dogecoin the fourth-largest cryptocurrency  —  The latest cryptocurrency star is a coin named after a meme of a Shiba Inu dog that was started as a joke.
Nick Statt / Protocol:
At trial, Tim Sweeney contends that the App Store taking “30% off of the top” is an existential threat to Fortnite becoming a metaverse or platform for creators  —  Epic CEO Tim Sweeney finished his time on the stand Tuesday afternoon, during day two of the Epic v. Apple trial.
Chance Miller / 9to5Mac:
Elizabeth Culliford / Reuters:
Twitter says it received a record 49,000 responses globally to a survey on handling world leaders who break Twitter's rules  —  Twitter Inc (TWTR.N) has received a record number of responses to a survey on how it should handle world leaders on its site, a spokeswoman said on Tuesday …

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Catalin Cimpanu / The Record:
Dieter Bohn / The Verge: