NY State AG sues Bitfinex for allegedly using Tether reserve funds to cover withdrawals, after the loss or theft of ~$851M from Bitfinex's payments processor
The New York State Attorney General (NYSAG) is suing Bitfinex, the cryptocurrency exchange, and affiliated firm Tether, the company behind the stablecoin of the same name.
iFixit says it has removed its Samsung Galaxy Fold teardown at Samsung's request through a “trusted partner” who supplied iFixit with the phone
The drama is unfolding with increasing strangeness — What in the world is going on over at Samsung in the wake of the Galaxy Fold delay?
New York State Attorney General announces investigation into Facebook's unauthorized collection of more than 1.5M users' email address books
SAN FRANCISCO — The New York State attorney general's office plans to open an investigation into Facebook's unauthorized collection …
Irish DPC launches inquiry into Facebook after the company reported millions of Facebook Lite and Instagram user passwords were stored in plain text internally
The Data Protection Commission was notified by Facebook that it had discovered that hundreds of millions of user passwords …
Sources: as it weighs constraints for Facebook, the FTC has discussed stronger monitoring of Facebook's privacy practices and direct punishment of Zuckerberg
Regulators on four continents are preparing for a long-awaited showdown with Facebook, after years of disinterest and half-steps.
Canadian privacy regulator finds that Facebook committed serious breaches of local privacy laws due to its mishandling of users' personal info
Tony Romm / Washington Post :
Amazon says it's working to offer free one-day shipping as the default for Prime customers but that it will take “a significant amount of time to achieve”
Amazon revealed today that it's working to offer free one-day shipping as the default for Amazon Prime customers …
Amazon reports Q1 revenue of $59.7B, up 17% YoY, operating income of $4.4B, up from $1.9B in Q1 2018, and net income of $3.6B, up from $1.6B in Q1 2018
Slack files for an IPO via direct listing, reports loss of $138M on $400M revenue for FY 2019 ending Jan. 31, compared to $140M loss and $220M revenue for 2018
- Slack follows several tech companies that have already debuted on the public market in 2019, including Lyft, PagerDuty, Pinterest and Zoom.
Sources: Three veteran designers from Apple's industrial design team are leaving as the famously close knit team under Jony Ive undergoes a series of changes
Three designers will have recently left the prestigious, two-dozen member team responsible for the iPhone's design
Uber sets IPO price range of $44 to $50 per share, plans to raise up to $10.35B at a valuation of up to ~$84B
Uber on Friday morning disclosed that it plans to raise upwards of $10.35 billion in its IPO, at a market cap that could approach $84 billion. — The ride-hail giant …
A marketplace for pre-IPO securities says some Slack investors have been selling stock at $28/share ahead of its IPO, which would value the company at ~$16.7B
Report: Intel CEO Bob Swan says the chip company decided to exit the mobile 5G business after Apple and Qualcomm announced their settlement
Which came first, the chicken or the egg? — Intel has clarified that it bowed out of the mobile 5G marketplace earlier this month, and now we know why … Source: Wall Street Journal .
AWS reports Q1 revenue of $7.7B, up 41% YoY and representing 13% of Amazon's total sales, and operating income of $2.2B, ~50% of Amazon's total operating income
and why it might not last Ed Hardy / Cult of Mac : Apple actually reducing dependence on Amazon cloud services Tweets: @cloud_opinion : AWS earnings: yeah Stefan Constantine / @whatthebit : “Operating...
Amazon reports Q1 “other” category revenue, which mostly covers its ad business, of $2.7B, up 34% YoY, and subscriptions services revenue of $4.3B, up 40% YoY
up from $2.03 billion in Q1 2018. https://ir.aboutamazon.com/... Deirdre Bosa / @dee_bosa : Welcome to the new Amazon —> Less growth, more profit. $AMZN Slowest growth in four years. Big EPS beat. htt...
Intel slightly beats with Q1 revenue of $16.1B, flat YoY, “data-centric” revenue down 5% YoY, and PC revenue up 4% YoY; stock down 7%+ after hours
Dean Takahashi / VentureBeat :
Magic Leap raises $280M from NTT DoCoMo, Japan's biggest cellphone service provider, and says it will reopen its most recent round for more funding
Magic Leap, the maker of augmented-reality goggles, has already raised $2.3 billion, an extraordinary amount for a start-up. Tweets: @nytimes Tweets: @nytimes : Magic Leap, the maker of augmented-real...
AT&T's controversial 5G E icon has been added to the Android Open Source Project, and will now be officially recognized as a valid option on Android
AT&T's misleading “5GE” campaign became part of Android when Samsung phones that were updated to Android Pie and One UI began showing the 5GE icon in the status bar.
Sources: Amazon is readying a high fidelity music streaming service that's expected to launch before the end of 2019, will likely cost $15 per month
Here comes Amazon. — Less than a week after the online giant launched its first fully free music streaming service …
A free Chrome extension from Gmail's former lead designer cuts out the visual noise and extraneous UI elements for a simple and clean interface
Michael Leggett is even more annoyed with Gmail than you are. — “It's like Lucky Charms got spewed all over the screen,” he says to me, as he scrolls through his inbox.
Sources: at a Twitter all-hands, a staffer said it doesn't block white supremacist content as aggressively as ISIS since algorithms may ban some GOP politicians
that the public will generally not accept banning Republican politicians as a trade-off to eradicating white supremacy—touches on something broader: do societal norms play a greater role than some may...
Seattle-based AppSheet, a no-code app development platform used by nearly 6,000 enterprise customers, raises $15M Series A led by Shasta Ventures
Seattle startup AppSheet has raised $15 million to fuel growth of its platform that helps businesses develop their own data-based apps without requiring a team of developers.
Sources: Google bars NGOs from providing Titan Security keys or promoting the availability of any of its products to activists in Iran, Syria, Cuba, or N. Korea
Sources and a document show how Google bars nonprofits from telling activists in certain countries about their products. Tweets: @josephfcox and @josephfcox Tweets: Joseph Cox / @josephfcox : To be cl...
Sources: Rep. Ilhan Omar asked Jack Dorsey in a call why Twitter didn't pull Trump tweet with a video prompting death threats; Dorsey said it didn't break rules
Twitter did not take down the tweet, despite Omar's request, a source said. — Twitter chief executive Jack Dorsey phoned Democratic … Tweets: @qasimrashid , @markseibel , @jordanuhl , @jamilsmith , ...
Facebook has filed a US lawsuit against a New Zealand company for allegedly providing fake likes, views, and followers to Instagram users
Jessica Romero / Facebook :
Microsoft says it will drop password expiration policies with the Windows 10 May 2019 Update, suggests organizations implement other password security practices
Sergiu Gatlan / BleepingComputer :
Facebook says it will no longer permit apps with minimal utility, such as personality quizzes, and will expire user permissions not used or accessed in 90 days
Eddie O'Neil / Facebook Developers :
After Luminary admits using links that hide some podcast listener data, popular creators like Ben Thompson, Owen Williams, Federico Viticci pull their podcasts
great way to make a good impression in the podcasting community! http://twitter.com/... Luminary / @hearluminary : @marcoarment This ensures that all requests go directly to the original media file's ...
Walmart opens a working concept store called IRL in Levittown, New York with interactive displays and AI-enabled cameras to monitor stock levels
Sarah Perez / TechCrunch :
Crypto lender Genesis says it has loaned $1.53B since March 2018, and most financing is for exchanges and trading desks, with 3%-5% of bitcoin loans for shorts
Anna Baydakova / CoinDesk : Tweets: @bankxrp Tweets: @bankxrp : Genesis Global Capital wrote $425 million of crypto loans in the first quarter, bitcoin-denominated loans made up 68 percent, XRP loans...
Verizon begins preorders for Samsung Galaxy S10 5G starting at $1,300 and names 20 cities that will get 5G in 2019
Eli Blumenthal / CNET :
London-based Wheely, which currently operates its luxury ride-hailing service in London, Moscow, and St. Petersburg, raises $15M Series B
Romain Dillet / TechCrunch :
Google says it is changing how employees can report harassment and discrimination, publicly releases its policy on harassment and other workplace issues
Colin Lecher / The Verge :
Google removed 46 Android apps from Chinese developer DO Global that were committing large-scale ad fraud; source says Google is moving to ban DO Global overall
Craig Silverman / BuzzFeed News :
Leaked documents show how Amazon automatically tracks and terminates warehouse workers for failing to meet productivity quotas
10% of its staff, for not moving fast enough packing hundreds of boxes an hour. Monopoly has its privileges http://www.theverge.com/... Nilay Patel / @reckless : Here's @colinlecher on the reality of ...
Qualcomm patches critical security flaw impacting 46 of its chipsets used in Android devices that could let attackers retrieve private data and encryption keys
Catalin Cimpanu / ZDNet : Tweets: @jeffvanderstoep and @privacydigest Tweets: Jeff Vander Stoep / @jeffvanderstoep : “To exploit this vulnerability, an attacker would need root access on a device, bu...
UK-based payments platform Wirex launches 26 stablecoins on the Stellar blockchain backed by British pound, Euro, the US, Hong Kong, and Singapore dollars, more
Yogita Khatri / CoinDesk : Tweets: @jesselund Tweets: Jesse Lund / @jesselund : This is very awesome, the disruptive implications of which should not be overlooked... http://www.coindesk.com/...
Snap hires Kenny Mitchell, VP of brand content at McDonald's, as its first chief marketing officer as it rolls out a new ad campaign to promote its Android app
Garett Sloane / Ad Age :
Synthesia, whose video synthesis tech with deep-fake techniques was used in a viral David Beckham ad campaign, raises $3.1M seed from Mark Cuban and others
Mike Butcher / TechCrunch :
A look at China's burgeoning social e-commerce market, which is estimated to grow to $413B+ by 2022, up from $90B in 2017
Bloomberg : Tweets: @nikiscevak . Thanks: @edwininla Tweets: Niki Scevak / @nikiscevak : China is leading the way with original consumer ideas. Facebook has a long prosperous future just copying the ...
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