Techmeme
May 7, 2022, 5:15 PM

Top News

New York Times:
Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Financial Times:
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based  —  Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer  —  High in a Shenzhen office tower …
Zoë Schiffer / @zoeschiffer:
Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that “more flexibility would have been the best policy”  —  Ian Goodfellow, Apple's director of machine learning, is leaving the company due to its return to work policy. In a note to staff, he said “I believe strongly that more flexibility would have been the best policy for my team.” He was likely the company's most cited ML expert.
Zachary Boddy / Windows Central:
A major Xbox Network outage is preventing some users from launching games and starting Cloud Gaming sessions; issues related to purchases have been resolved  —  Xbox consoles are temporarily a lot less useful for gaming.  —  Update, May 7, 2022, at 8:50 a.m. CT: The Xbox Network should be working again …
Joe Warminsky / The Record:
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer  —  The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
Dan Mangan / CNBC:
A California federal judge dismisses Donald Trump's lawsuit seeking to lift his ban from Twitter but may allow an amended complaint to be filed against Twitter  —  - A federal judge dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter.
Wall Street Journal:
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry  —  Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe
Bill Toulas / BleepingComputer:
UK sanctions Baikal Electronics and MCST, Russia's most important chipmakers, denying them access to the ARM architecture  —  The UK government added 63 Russian entities to its sanction list on Wednesday.  Among them are Baikal Electronics and MCST (Moscow Center of SPARC Technologies), the two most important chip makers in Russia.

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Leveraging design tool extensions in Cliq: A designer's guide to Figma, Lucidchart, and Miro  —  Picture this: you're deep in a pixel-perfect Figma mock-up, bouncing between chats and emails, when someone pings you for feedback on a Lucidchart workflow.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Microsoft Build 2025
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Spotlight On:
Tines's Eoin Hinchy on rejecting the playbooks
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Gustav Söderström - How Spotify Thinks
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
Microsoft CTO Kevin Scott on how AI can save the web, not destroy it
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
From Scaling Cisco to Seeding AI: John T. Chambers on Speed, Strategy, and Reinvention
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Microsoft CPO: If you aren't prototyping with AI you're doing it wrong | Aparna Chennapragada
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:15 PM ET, May 7, 2022.

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.

More News

James Vincent / The Verge:

Earlier Picks

Dan Strumpf / Wall Street Journal:
Aisha Malik / TechCrunch:
Jordan Novet / CNBC:
Kanishka Singh / Reuters: