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May 4, 2022, 8:20 PM
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| Stephen Totilo / Axios: |
NYC employees' pension funds sue Activision Blizzard, alleging CEO Bobby Kotick rushed the Microsoft deal to escape liability for misconduct at his company — Activision CEO Bobby Kotick rushed to secure a takeover bid from Microsoft in order to escape liability for misconduct at the company …
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Ars Technica, TheStreet, Input, Wccftech, GamesIndustry.biz, PC Gamer, MobileSyrup, Dexerto, Game Developer, IGN, Video Games Chronicle, GamingBolt, Engadget, TheGamer, GameSpot, Protocol, Kotaku, Polygon, Dot Esports, Digital Trends, Windows Central, Twinfinite, dot.LA, OnMSFT.com, and Blue's News
Tweets: @stephentotilo, @nickstatt, @hoeglaw, and @drwallkick
| Chris Welch / The Verge: |
Sources: Sonos plans to launch a voice assistant for playing music in the US on June 1 that supports Apple Music, Amazon Music, Pandora, Deezer, and Sonos Radio — Sonos will roll out its most important service yet on June 1st — Sonos is preparing to introduce its own voice assistant service within …
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Gizmodo, iMore, MobileSyrup, Ars Technica, MacRumors, Engadget, AppleInsider, SlashGear, Digital Trends, Android Headlines, 9to5Mac, iClarified, iDownloadBlog.com, and iPhone in Canada Blog. Tweets: @pierce
| Greg Iacurci / CNBC: |
Intuit agrees to pay $141M in restitution to nearly 4.4M US customers charged for using the TurboTax Free Edition, in a settlement with all 50 states and DC — - Intuit, which owns TurboTax, has agreed to pay $141 million in restitution to 4.4 million low-income customers who were charged …
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NY State Attorney General, Associated Press, Intuit, ProPublica, Reuters, The Register, Ars Technica, Insider, Mercury News, The Verge, Texas Attorney General, Axios, Bloomberg, Forbes, CNN, PCMag, and Protocol
Tweets: @propublica, @ericuman, @tanaganeva, @epro, @newjerseyoag, @paattorneygen, @newyorkstateag, @kantrowitz, @stevenbeynon, @gregiacurci, @kyoag, and @agowa
| Ingrid Lunden / TechCrunch: |
Stripe launches Financial Connections to let its customers pull their users' banking data directly, debuting first in the US for $0.10 to $1.50 per API call — Stripe, the payments behemoth valued at $95 billion a year ago and now reportedly inching closer to an IPO, today announced …
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TechCrunch, American Banker, LendIt Fintech News, Stripe, and PYMNTS.com
Tweets: @pitdesi, @zachperret, @typicalvc, @katie_roof, @alanmeaney, @cjc, @zachtratar, @jay_ssh, @alex, @triketora, and @jmover
| Kyle Alspach / Protocol: |
GitHub plans to require two-factor authentication for developers who contribute code by the end of 2023; ~16.5% of active GitHub users currently use 2FA — GitHub announced that it will require developers who contribute code to the repository to use two-factor authentication by the end of 2023 …
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The GitHub Blog, TechCrunch, VentureBeat, The Verge, Dark Reading, ZDNet, The Record, CSO, Developer Tech News, TechRepublic, InfoWorld, BleepingComputer, Slashdot, and Thurrott
Tweets: @film_girl and @stshank
| Janko Roettgers / Protocol: |
Cameo lays off 87 employees, or ~25% of its workforce; source: the chief technology officer, chief product officer, and chief people officer were among the 87 — Cameo, the celebrity video greetings startup, laid off 87 of staffers Wednesday, a move that CEO Steven Galanis described as “right-sizing.”
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Variety, The Information, Engadget, Chicago Business Journal, and Marketing Dive
Tweets: @mr312, @lucasmtny, @jank0, @caseynewton, @lauramandaro, @tcarmody, @shreya_sud, @thebenbergman, and @lizperle
| Jessica Bursztynsky / CNBC: |
Uber Q1: revenue up 136% YoY to $6.85B, a $5.9B net loss due to equity investments, gross bookings up 35% to $26.4B, and mobility revenue beat delivery revenue — - Uber reported first-quarter earnings before the bell Wednesday. — Mobility revenues have finally surpassed delivery revenues, as travel rebounds.
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Uber, Bloomberg, New York Times, Wall Street Journal, FreightWaves, Axios, TechCrunch, Barron's Online, Engadget, Coinspeaker, Gizmodo, Reuters, City A.M., PYMNTS.com, Financial Times, Financial Times, Bloomberg, Benzinga, and MarketWatch
Tweets: @dee_bosa, @stevekovach, @lancehasson, and @tomgara
| Tomio Geron / Protocol: |
Robinhood launches Stock Lending, which gives retail investors the option to let Robinhood lend out any fully paid stocks in their portfolio for extra income — Small investors will be able to lend out stocks that they own on Robinhood through a new service at the upstart brokerage.
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Under the Hood, TechCrunch, CNET, Dow Jones Newswires, Benzinga, Wall Street Journal, Finance Magnates, Reuters, Bloomberg, and PYMNTS.com
Tweets: @dz, @tbohen, @mampillyguru, @chrismessina, and @caseynewton
| Sarah Perez / TechCrunch: |
TikTok plans to launch Pulse, its first ad product with revenue sharing, in June 2022, offering US creators and publishers with 100K+ followers a 50/50 split — TikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands' content next to the best videos on TikTok.
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TikTok, Engadget, 9to5Mac, Hollywood Reporter, The Verge, Protocol, Social Media Today, Variety, Tubefilter, and Ad Age
Tweets: @shiraovide, @glenngabe, @tiktokcomms, and @asilbwrites
| Jordan Novet / CNBC: |
Meta to slow its hiring pace amid record-low revenue growth; source: Meta paused entry-level engineer hiring and will slow hiring of mid-level and senior people — - Facebook's parent company sees challenges ahead because of Apple's privacy changes, the war in Ukraine and broad macroeconomic shifts.
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The Information, Insider, Reuters, Bloomberg, Insider, Wall Street Journal, and Insider
| Eva Mathews / Reuters: |
Dish launches its standalone 5G service in Las Vegas, eight months after its planned September 2021 debut, for $30/month and plans to reach 120 markets by June — Dish Network Corp (DISH.O) launched its 5G service to consumers in Las Vegas on Wednesday after several months of delays …
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CNET, The Verge, Axios, Mobile World Live, ZDNet, Digital Trends, and Bloomberg
| Nilay Patel / The Verge: |
A Q&A with Tony Fadell on his new book, Google's “culture of perks”, why he says “fuck the metaverse”, creating and selling the iPod, iPhone, and Nest, and more — Tony Fadell was instrumental in the development of the iPod and iPhone at Apple and then co-founded Nest Labs …
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9to5Mac, Apple Books, MacRumors, iPhone in Canada Blog, and Insider
Tweets: @tfadell, @mhbergen, @tfadell, @tfadell, @jp2e, @stevemoser, @stevemoser, @tfadell, @fixthekerning, @tfadell, @chrismckillop, @tfadell, and @moskowitz
| Benjamin Pimentel / Protocol: |
Governor Newsom signs an EO to “create a transparent regulatory and business environment for Web3 companies”, directing state agencies to recommend next steps — California, home to crypto powerhouses like Coinbase and Ripple, is taking Web3 more seriously.
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CNBC, Blockworks, Bitcoin Magazine, Crypto Briefing, Decrypt, and CoinDesk
Tweets: @cagovernor, @govpressoffice, @sbf_ftx, @iancalderon, @lindapjones, @danagibber, @gladstein, @milesjennings, @crypto_council, @ronconway, and @snowjake
| Chris Ciaccia / Seeking Alpha: |
Twilio Q1: revenue up 48% YoY to $875.4M, a $217.8M loss from operations, vs $197.3M YoY, 268K active customer accounts, up from 235K YoY, and slowing Q2 growth — Twilio (NYSE:TWLO) shares rose 5% after the customer engagement software company posted first-quarter results that beat expectations …
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SiliconANGLE, MarketWatch, and Twilio
| Kourtnee Jackson / CNET: |
Google removed 3.4B ads and 5.6M+ advertiser accounts in 2021, after implementing a three-strikes rule for deceitful practices, dangerous products, and more — The company aims to protect users by getting rid of abusive advertising behaviors. — Kourtnee Jackson| Reuters: |
NYSE-parent ICE announced plans to buy Black Knight, the mortgage-lending software and data analytics company, for $13.1B; Black Knight's stock closed up 14.47% — New York Stock Exchange-parent Intercontinental Exchange (ICE.N) said on Wednesday it will acquire Black Knight (BKI.N) … Sponsor Posts
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