Anti-monopoly fine pushes Alibaba to first operating loss as public company
Alibaba Group Holding Ltd posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator. Its U.S.-listed shares fell nearly 3% in choppy trading, even as the company forecast strong 2022 revenue.
Twitter finally brings DM search to Android
Twitter is finally bringing its DM search feature to Android to the Android platform, which will allow users to search through their entire DM history, not just recent messages.
Is Google building a WearOS-powered Fitbit smartwatch?
Google has begun to invest in improving its smartwatch operating system, WearOS, and may release a Google-branded Fitbit in the near future. Google acquired Fitbit from Australia and the US Department of Justice in early 2021 following over a year of negotiations and investigations into how users' privacy would be protected.
Elon Musk, Technoking of Tesla orders a halt to bitcoin car payments
Tesla CEO and self-dubbed technoking Zach Kirkhorn is back peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance comes just weeks after Tesla CFO and dubbed “master of coin” Zach Kirk horn said the company believes in the longevity of bitcoin, despite its volatility.
Samsung won’t attend MWC in Barcelona this summer
Samsung and Lenovo will not be attending Mobile World Congress this year. Both companies have announced that they will not attend in person. The companies have not yet announced what their remote presence would look like. The event will still be held in June despite the ongoing COVID-19 pandemic and difficulties with vaccine availability outside the U.S.
Meet the real Alexa: voice actor reportedly responsible for Amazon’s AI assistant revealed
Amazon's Alexa has a voice familiar to millions, calm, warm, and measured, but like most synthetic speech, its tones have a human origin, someone whose voice had to be recorded, analyzed, and algorithmically reproduced to create Alexa as we know it now.
Blizzard is showing off two hours of Overwatch 2 next week
Blizzard will hold a two-hour-long live stream on May 20th to focus on the player-versus-player elements of Overwatch's sequel. The stream will also include appearances by game director Aaron Keller, lead hero designer Geoff Goodman and associate art director Dion Rogers.
10 Hot Data Center Technologies And Trends To Watch In 2021
From as-a-service and private equity spending to Dell Technologies and Intel, here are ten of the most important data center trends and technologies you should be following in 2021.
eBay is joining the NFT frenzy, telling Reuters that going forward it will allow the sales of NFTs on its platform, a mainstream embrace that follows billions of dollars in NFT purchases over the past few months. The e-commerce company seems poised to slowly build up sales of digital collectibles on the platform, starting with a smaller group of verified sellers.
Best WordPress hosting of 2021
Getting started with WordPress web hosting doesn't need to be expensive, as even the cheapest shared hosting plan usually comes with a one-click WordPress installer, allowing the greenest of blogging newbies to have their first post ready in less than 60 seconds. However, managing a blog over time is much more difficult as you need to find your own themes and plugins.
Roblox earnings beat expectations on revenue, as user growth jumps 79%
Roblox earnings beat expectations on revenue, as user growth jumps 79%, with users putting a collective 9.7 billion hours into the game. The company went public via a direct listing in March, allowing current investors to sell shares. In Q1, the company reported that it had 42.1 million daily active users, up 79% year over year thanks in part to a 111% growth in dailyactive users over the age of 13.
Ford’s first electric pickup truck will be called the F-150 Lightning
Ford announced the name of its upcoming electric pickup truck: the F-150 Lightning, set to debut on May 19th at an event held at the automaker’s Dearborn, Michigan, headquarters. The company is also hosting 18 in-person events around the country, including in Times Square and Las Vegas.
Snack, a ‘Tinder meets TikTok’ dating app, opens to Gen Z investors
Snack is opening itself up to Gen Z investors, allowing Gen Z community members, influencers, creators and others to participate in the company’s upcoming $2 million SAFE. The company in February announced $3.5 million in seed funding for its modern, TikTok-style dating app, where users post videos to a feed which others then like in order to be matched.
Clubhouse finally launches its Android app
Clubhouse has launched its Android app on Play Store for users in the U.S. and will gradually make the new app available in other English-speaking countries and then the rest of the world. The social network is valued at about $4 billion in its most recent fundraise, launching as an iPhone only app last year.
Elon Musk’s SpaceX is literally launching a Dogecoin-funded satellite to the Moon
SpaceX is now accepting Dogecoin, and it’ll be paid exclusively in the cryptocurrency to launch an upcoming satellite named DOGE-1 to the Moon, a cubesat meant to acquire “lunar-spatial intelligence” using onboard cameras and sensors.
China could soon have stronger privacy laws than the U.S.
China's new privacy law will arm Chinese internet users with offensive and defensive tools to protect them from excessive data collection by tech companies and the misuse of data by the government. The new law is similar to the EU's General data Protection Regulation and will give people the power to know how their data is being used and consent to it.
Google will soon switch on two-factor authentication by default
Google is going to enroll people in two-factor authentication by default, starting to start enrolling customers in the process if their accounts are “appropriately configured” once enabled, they will receive a prompt on their smartphone to verify that an attempted login with their Google account is legitimate.
Billboard Teams Up With Twitter to Create Chart for Most-Tweeted Songs
Billboard is publishing a ranking of the most popular songs in the U.S. based on Twitter conversations, updating the chart everyday and writing stories and video around the data. The chart is called the Billboard Hot Trending Powered by Twitter, and advertisers can pay to sponsor the chart.
BMW CEO Sees Semiconductor Investment Wave Easing Supply Crunch
BMW AG expects the global shortage of semiconductors to be resolved as companies and governments zero-in on the issue, forcing carmakers to curtail production just as demand picks up in major economies that are easing pandemic restrictions. The European Commission plans to double the bloc’s chip production to at least 20% of world supply by 2030.
Grocery stores in Poland will trial an AI pricing system for reducing food waste
In the US alone, 30 to 40 percent of food ends up in landfills, with food waste being one of the leading causes of greenhouse gas emissions, a startup called Wasteless thinks machine learning can play a part in addressing the issue. The company has developed an AI-powered system for automatically reducing the price of perishable food items.
Facebook launches Neighborhoods, a Nextdoor clone
Facebook is launching Neighborhoods, a new section of its app designed to connect neighbors and curate neighborhood-level news. The new feature is available now in Canada and will be rolling out soon for U.S. users to test. Facebook users can create a separate subprofile and can populate it with interests and a custom bio.
Clubhouse is funding 50 pilot audio shows from creators
Clubhouse is funding the creation of 50 audio shows made by creators on its platform. Participants will each get a $5,000-per-month stipend for three months, plus gear and creative support, to help them create the series. The goal is to develop and pilot each show over the next three months.
Bill and Melinda Gates to Divorce After 27 Years of Marriage
Bill Gates and Melinda Gates will continue to work together at the massive philanthropic foundation they built to improve global health, combat climate change, and bolster U.S. education. The pair's wealth could prove more complex to carve up than Jeff Bezos' Amazon.com Inc. stock, which was largely concentrated in Amazon stock.
GM’s installing software on Chevy Bolts to help prevent battery fires
General Motors has revealed its plan to fix the issue at the center of last year’s Chevy Bolt recall, which affected customers have to bring their Bolts to a dealer so the battery packs can be inspected, and GM says some of the modules that make up the pack may be replaced if any “anomalies” are found.
Amazon’s Thursday Night Football deal will start early
Amazon will be streaming NFL games sooner than expected, starting with the 2022 season. The NFL's previous announcement set the start of Amazon’s exclusivity in 2023, but now Amazon will get its exclusive rights even sooner and for even longer thanks to a new 11-year contract matching CBS, NBC, and Fox.
Apollo’s $5 Billion Bet on Yahoo Aims to Go Beyond Advertising
Apollo Global Management Inc.’s $5 billion deal for Verizon Communications Inc. will create a new entity dubbed Yahoo, getting AOL, TechCrunch, Ryot, Built By Girls and Flurry along with Verizon's 10% stake in the venture, hoping to take these primarily advertising-driven media brands and augment them with new products like subscription services and sports betting.
Businesses are looking to capture the next generation of customers through virtual reality headsets, taking off in industries spanning food and beverage, retail, and music. Zepeto has seen increased demand from corporate partners this year, with around 100 companies currently using the platform to promote their brands to its 200 million-strong user base.
‘Deepfake’ that supposedly fooled European politicians was just a look-alike, say pranksters
A string of European politicians have been tricked by a sophisticated Russian plot, with Parliamentarians from the UK, Latvia, Lithuania, and Estonia having all arranged video calls with a hoaxer claiming to be Leonid Volkov, chief of staff to imprisoned Russian anti-Putin politician Alexei Navalny.
Apple’s App Store Had 78% Margin in 2019, Epic Expert Says
Apple Inc.’s App Store had operating margins of almost 78% in fiscal year 2019, according to testimony from an Epic Games Inc. expert witness based on documents obtained from the iPhone maker. The figure comes from Ned Barnes, a financial and economics researcher, who said he obtained documents “prepared by Apple’” and produced from the files of Apple CEO Tim Cook.
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Samsung's Galaxy Book Odyssey is the first laptop with NVIDIA's GeForce RTX 3050 Ti
Samsung's new Galaxy Book Pro laptops will be available in select markets in August. The Galaxy Book Odyssey has a 15.6-inch Full HD screen and weighs just over four pounds (1.85 kg) and comes with an NVIDIA GeForce RTX 3050 Max-Q or 3050 Ti Max- Q.
Apple AirTags: Why they’re an easy sell for iPhone users who lose their keys
Apple's AirTags will be available to buy starting May 30. They are available to purchase for $29 for a single AirTag, and $99 for a four pack. They offer a unique set of benefits like the Find My network to help you locate your lost items.
Spotify CEO says live audio content is the next ‘Stories’
Spotify CEO Daniel Ek said that live audio experiences will be adopted by every major platform just like Stories, which is expected to be used to power a range of new live audio conversations centered around sports, culture and music. The interest in live audio emerged in the middle of a pandemic that trapped people at home and shut down traditional networking and large events, but that doesn't mean there's no future for the format.
A fired Amazon worker is trying to unionize four NYC-area facilities
Amazon workers at four different facilities near Staten Island have begun the process of unionizing with the Amazon Labor Union, led by Christian Smalls, a former warehouse worker who was fired in March after organizing a walkout to protest unsafe working conditions during the pandemic. The company has responded by posting anti-union messages on TV screens at JFK8, the fulfillment center where Smalls used to work.
Microsoft’s Brad Smith Renews Attack on Google Over Web Content
Microsoft Corp. President Brad Smith said Google has hurt the concept of the open web and impaired content creators’ ability to make money, continuing an attack the software maker began earlier this year over whether internet companies need to pay news organizations for content they re-share. The debate began over Microsoft’s backing of a law in Australia to force Alphabet Inc. to pay publishers for the value their stories generate on digital platforms.
Facebook’s Sales, Users Jump as Pandemic Habits Persist
Facebook reported 2.85 billion monthly active users, a rise of 10 percent, and shares jumped more than 6 percent in late trading. The company has seen a surge in use of its platforms for at-home entertainment and keeping up with loved ones while people have been stuck in lockdown.
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Google sales top estimates on ad surge; Alphabet plans $50 billion buyback
Google parent Alphabet Inc beat quarterly revenue estimates and announced a $50 billion share buyback as the recovering economy and surging use of online services combined to accelerate its advertising and cloud businesses. The results are the first sign that Google services may hold on to gains in usage brought on by lockdowns and other pandemic restrictions.
Tesla wants to make every home a distributed power plant
Tesla CEO Elon Musk wants to turn every home into a distributed power plant that would generate, store and even deliver energy back into the electricity grid all using the company’s products, a new company policy to only sell solar coupled with the energy storage products, and a strategy that aims to scale these businesses by appealing to utilities.
Instagram is working on creator shops and a 'branded content marketplace' for influencers
Instagram is going all-in on creators, working on a suite of new tools to help influencers make money off its platform, including creator shops, affiliate commerce and a “branded content marketplace” Mark Zuckerberg announced the upcoming features during a live stream with Instagram chief Adam Mosseri.
