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.
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 …
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 …
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth
The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
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.
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 …
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
A look at the rise of VPNs in Russia following its war in Ukraine; Apptopia: daily downloads of the top ten VPNs jumped from 15K before the war to 475K in March
A surge in virtual private network downloads is a challenge to Vladimir Putin and his version of the war Tweets: @alfonslopeztena , @kenroth , and @kenroth Tweets: @alfonslopeztena : Millions of Russi...
Spotify plans to shut down Stations, the service's lightweight listening app first launched in 2018 to offer easy access to curated playlists, on May 16
Aisha Malik / TechCrunch :
How small, commercial drones in Ukraine are letting militias and others conduct cheap airborne surveillance and collect footage for war crimes investigations
From surveillance to search-and-rescue, consumer drones are having an unprecedented impact on Ukraine's defense against Russia.
How low prices and influencers helped Chinese online fast fashion retailer Shein become the world's third biggest private company, claiming a 28% US marketshare
The Chinese company has become a fast-fashion juggernaut by appealing to budget-conscious Gen Zers. But its ultralow prices are hiding unacceptable costs.
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers
Jordan Novet / CNBC :
China orders internet services to tighten controls to stop under-18s from tipping live streamers or becoming live streamers themselves without guardian consent
China on Saturday ordered internet platforms to step up governance of how under-18s use their livestreaming services as part …
Paris-based Rise Up, which provides employee learning software that currently serves 400+ customers and 1M learners in 60 countries, raises a €30M Series B
Vishal Singh / Silicon Canals :
Inside Engineered Arts, a UK-based company making humanoid robots for entertainment and education that can emote and respond to passersby with preset banter
a UK company trying to cross the uncanny valley https://www.theverge.com/... https://twitter.com/... James Vincent / @jjvincent : You've probably seen Engineered Arts Ameca robot before, which has inc...
Sources: Chinese tech companies like Lenovo and Xiaomi quietly curtailed shipments to Russia; China's tech exports to Russia fell sharply from February to March
Dan Strumpf / Wall Street Journal :
A report on publicly traded crypto mining companies finds Core Scientific leads with $545M in 2021 revenue, Riot Blockchain had $215M, and Hive Blockchain $195M
Mining firm Core Scientific's hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021. — 225 Total views
Block Q1: revenue down 22% YoY to $3.96B, vs. $4.1B est., profit up 34% YoY to $1.29B, and Cash App bitcoin revenue down 51% YoY to $1.73B
Michael Bellusci / CoinDesk :
SEC filing: Voodoo PC founder Rahul Sood's Irreverent Labs, which unveiled its NFT robot cock fighting game MechaFightClub in January 2022, raised $40M
In submitting this notice, each issuer named above is: Notifying the SEC … Tweets: Richard Lawler / @rjcc : @Techmeme @deantak has anyone ever seen a real human being playing these games Dean talks ab...
Internal documents: Intel plans to launch a software platform this fall, codenamed Sonoma Creek, that will simplify and speed up computer vision model training
Dylan Martin / The Register : Tweets: @quinnypig . Thanks: @dylanljmartin Tweets: Corey Quinn / @quinnypig : That's an internal Intel roadmap, so I'm very curious to see what happens when they releas...
Legal experts say Elon Musk's foreign funding for Twitter could draw scrutiny from CFIUS for potential national security risks, similar to the kind TikTok faced
Echo Wang / Reuters :
Sources: the UK delayed Revolut's banking license over concerns about its crypto trading service and whether the company can tackle money laundering and fraud
Bloomberg :
Internal docs: Google is revamping performance reviews, resulting in higher pay, as it tries to ease tensions between staff and leadership about compensation
Jennifer Elias / CNBC : Thanks: @mattrosoff
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.