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A review of Dana Mattioli's The Everything War, which covers Lina Khan's antitrust battle against Amazon and makes a case that no company should be so powerful (Jonathan Ford/Financial Times)

Investors cheer Microsoft and Alphabet's huge AI spending plans as shares of both firms rallied but not Meta's, which saw its worst trading day in 18 months (Tom Dotan/Wall Street Journal)

Google plans to invest $2B to set up a data center in Indiana and $1B to expand three Virginia sites, and announces a $75M fund to train Americans on AI skills (Yuvraj Malik/Reuters)

Google opens its second hardware office in New Taipei City, as VP of Engineering Elmer Peng says "Taiwan is Google's largest hardware R&D hub outside of the US" (Nikkei Asia)

A number of Apple users say they were logged out of their Apple ID across multiple devices on April 26 and forced to reset their password before logging back in (Chance Miller/9to5Mac)

A US appeals court reverses a 2021 ruling that prevented New York from enforcing a law requiring ISPs to offer low-cost broadband plans to low-income consumers (Jon Brodkin/Ars Technica)

Microsoft partners with IBM to release the MS-DOS 4.0 source code under the MIT license on GitHub (Andy Edser/PC Gamer)

IBM plans to expand its semiconductor packaging and testing plant in Bromont, Quebec, with more than CA$1B in investments over the next five years (Mathieu Dion/Bloomberg)

Filing: FTC says Jeff Bezos, Andy Jassy, and other Amazon execs used Signal's disappearing messages to conceal evidence in FTC's antitrust case against Amazon (Leah Nylen/Bloomberg)

Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing (Mark Gurman/Bloomberg)

Alphabet closes above a $2T market cap for the first time, reaching a valuation of $2.15T after rising 10% on April 26, its biggest one-day jump since July 2015 (Ryan Vlastelica/Bloomberg)

Google is testing "Speaking practice" in Search, which uses a conversational AI bot to let Search Labs users in some countries improve their English skills (Aisha Malik/TechCrunch)

Baltimore Police arrest a high school teacher for allegedly framing his principal by using AI to create an audio file of the principal making racist comments (The Baltimore Banner)

As Intel reports disappointing earnings and guidance, and becomes S&P 500's worst performing stock in 2024, a look at the long history of company's missteps (Kif Leswing/CNBC)

Congress considers legislation to block DJI drones from running on US communication networks, effectively killing the Chinese company's US commercial business (Kate Kelly/New York Times)

Discord bans Spy Pet-affiliated accounts, which were scraping 12K+ Discord servers to archive and sell user data, and says it is considering legal action (Joseph Cox/404 Media)

Apple's latest supplier list shows the challenges the company is facing in diversifying its supply chain, as its Chinese suppliers grew from 48 to 52 in 2023 (Nikkei Asia)

Sources: China's muted response to TikTok bill reflects the view that TikTok is of less strategic value than Huawei; China prefers TikTok US closure to sale (Wall Street Journal)

NHTSA finds that Tesla's driver-assist features are insufficient at keeping drivers engaged in the task of driving and links them to 100+ crashes and 10+ deaths (Andrew J. Hawkins/The Verge)

Apple removes three AI image generation apps from the App Store after 404 Media probe found the apps advertised the ability to create nonconsensual nude images (Emanuel Maiberg/404 Media)

A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal (Bloomberg)

The NHTSA closes a 2021 investigation into Tesla's Autopilot and opens a new one to evaluate whether a December 2023 Autopilot recall fix is effective enough (Sean O'Kane/TechCrunch)

The EU Commission says Shein will have to comply with DSA rules for content handling, starting August 2024, as the retailer has more than 45M users in the EU (Clothilde Goujard/Politico)

Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a panel to advise US DHS on deploying AI safely within America's critical infrastructure (Dustin Volz/Wall Street Journal)

Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B (Will Louch/Financial Times)

ByteDance says it has no plans to sell TikTok, responding to a report suggesting that it is considering scenarios for selling a majority stake in US TikTok (Sherry Qin/Wall Street Journal)

TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro's Kirin 9000s (Vlad Savov/Bloomberg)

Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs (Financial Times)

New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect (Camomile Shumba/CoinDesk)

Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site (Katie Robertson/New York Times)

Consensys sues the US SEC over what it calls the "unlawful seizure of authority" over ethereum, after receiving a Wells notice for its MetaMask wallet product (CoinDesk)

The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia (Chris Miller/Financial Times)

In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI's board and how OpenAI decides when a technology achieves AGI (Bloomberg)

Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023 (Jennifer Maas/Variety)

Atlassian's co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor (Scott Farquhar/Work Life)

Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours (Ashley Capoot/CNBC)

Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares (Akash Sriram/Reuters)

YouTube's Q1 ad revenue climbs 21% YoY to $8.1B, vs. $7.72B estimated, its highest Q1 total to date (Todd Spangler/Variety)

Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY (Jordan Novet/CNBC)

Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours (Kif Leswing/CNBC)

Microsoft Q3: Windows OEM revenue up 11% YoY, devices revenue down 17% YoY, overall gaming revenue up 51% YoY, and Xbox content and services revenue up 62% YoY (Tom Warren/The Verge)

Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 (Ingrid Lunden/TechCrunch)

Threads expands Hidden Words to let users filter out words, phrases, or emoji, and tests the option to mute notifications and ways to select who can quote posts (Ivan Mehta/TechCrunch)

Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems (Reuters)

Cloud data management startup Rubrik opens up 20% at $38.60 per share in its NYSE debut, after raising $752M at a $5.6B valuation (CNBC)

The FCC votes 3-2 to reinstate net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet (Cecilia Kang/New York Times)

Sublime, which monitors emails of companies and political campaigns to spot AI-generated phishing attacks, raised a $20M Series A, taking total funding to $30M (Thomas Brewster/Forbes)

Movement Labs, which is building Movement L2, a layer-2 Ethereum blockchain based on the Move programming language, raised a $38M Series A led by Polychain (Leo Schwartz/Fortune)

Sources: a Huawei-led consortium, backed by Chinese government funding, aims to compete with Nvidia by making high-bandwidth memory chips, used in GPUs, by 2026 (The Information)

Sources: Microsoft has scrambled to respond to new attacks from the Russia-linked SolarWinds hackers, as its engineers prioritize security over new features (Tom Warren/The Verge)

Sources: ByteDance is exploring scenarios for selling a majority stake in TikTok US, preferably to non-tech companies, and without the recommendation algorithm (The Information)

Google Meet rolls out an update to let users seamlessly transfer calls between devices "without hanging up and rejoining" via its Android, iOS, and web apps (Abner Li/9to5Google)

Garry's Mod is removing "all Nintendo related stuff" from its Steam Workshop, covering "20 years of uploads", after receiving a takedown request from Nintendo (Andy Chalk/PC Gamer)

Interviews with 24+ current and ex-ByteDance staff: the Beijing-based company has increasingly taken a grip over TikTok's operations, leading to a culture clash (Financial Times)

A look at AI video startup Synthesia, whose avatars are more human-like and expressive than predecessors, raising concerns over the consequences of realistic AI (Melissa Heikkil/MIT Technology Review)

Franco-Italian chip company STMicro reports Q1 revenue down 18% YoY to $3.47B, below $3.63B est., and expects Q2 sales down 26% YoY to $3.2B, below $3.79B est. (Jillian Deutsch/Bloomberg)

The US awards Micron up to $6.1B under the CHIPS Act, to support an up to $125B investment to build a "megafab" in New York and Idaho over the next 20 years (Ben Glickman/Wall Street Journal)

Lenovo survey of 750 CIOs: 96% expect increased AI investment in the next 12 months and 42% don't expect to show return on AI investments for the next two years (Vlad Savov/Bloomberg)

A look at Saudi Arabia's spending blitz to become an AI superpower, which has put the kingdom in the middle of an escalating global competition over AI (New York Times)

Filing: Swiggy, which has a ~45.8% share of the Indian food delivery market, secures shareholder approval for a potential $1.25B IPO, slated for later this year (Manish Singh/TechCrunch)

Sources: ByteDance execs have previously considered TikTok's global operations to be worth ~50% of the company's overall value, which would put it above $100B (Wall Street Journal)

K Krithivasan, the CEO of Indian IT giant TCS, says there'll be "minimal" need for call centers in as soon as a year, as AI chatbots take over much of the work (Financial Times)

On Meta's Q1 earnings call, Mark Zuckerberg said Threads now has more than 150M MAUs, up from 130M in February 2024 (Karissa Bell/Engadget)

Snowflake announces Arctic, an LLM optimized for enterprise tasks such as SQL generation, coding, and instruction following, with an Apache 2.0 license (Shubham Sharma/VentureBeat)

Mark Zuckerberg says Meta AI assistant has been "tried" by "tens of millions of people" and it will take Meta several years to make money from generative AI (Alex Heath/The Verge)

TSMC unveils a new chip manufacturing technology called A16 and says it plans to start producing its ultra-advanced 1.6nm chips by 2026 (Cheng Ting-Fang/Nikkei Asia)

Reddit announces that its Dynamic Product Ads, which use "shopping signals" to automatically show relevant ads to users, are entering public beta globally (Scharon Harding/Ars Technica)

SK Hynix reports Q1 revenue of ~$9B, more than doubling YoY, and ~$2B in operating income, above estimates of ~$1.3B and the biggest quarterly profit since 2022 (Yoolim Lee/Bloomberg)

Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will "step down when Thrasio emerges from Chapter 11 in the coming weeks" (Annie Palmer/CNBC)

Hands-on with the Rabbit R1: a fun and funky AI device that feels pretty nice and does a solid job with basic AI questions, but the Rabbithole app is unfinished (David Pierce/The Verge)

Nooks, whose AI tools can analyze sales calls and summarize customer interactions, raised a $22M Series A led by Lachy Groom, bringing its total funding to $27M (Ken Yeung/VentureBeat)

AI coding assistant startup Augment emerges from stealth with a $227M Series B at a $977M post-money valuation, following a $25M Series A led by Sutter Hill (Kyle Wiggers/TechCrunch)

Source: cloud data management startup Rubrik priced its IPO at $32 a share, above its expected $28-$31 range, raising $752M and valuing the company at $5.6B (CNBC)

Meta's stock drops 15%+ after hours on weak Q2 revenue guidance and higher FY 2024 capital expenditures due to increased AI infrastructure investments (Ashley Capoot/CNBC)

Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs lost $45B+ since the end of 2020 (Alex Koller/CNBC)

IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024 (Ben Glickman/Wall Street Journal)

IBM reports Q1 revenue up 1% YoY to $14.46B, vs. $14.55B est., software revenue up 5.5% YoY to $5.9B, and net income of $1.6B, up from $927M YoY; IBM drops 5%+ (Jordan Novet/CNBC)

Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024 (Meta Investor Relations)

Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances (Andy Greenberg/Wired)

TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children (Foo Yun Chee/Reuters)

Politics Headlines Today
[Sat-27-Apr-2024]

2024 LG Election: NOA Charges Oyo Electorate To Be Patriotic, Stay Away From Violence - Daily Independent

58,000 doctors renewed practicing licenses in 2023 Council - Blueprint

72,000 Doctors Dump Nigeria For Greener Pastures, Says Medical Council - Daily Independent

98,000 Nigerian women die from use of firewood, charcoal annually - The Nation

A Review Of 'Boko Haram And Other Security Challenges In Nigeria - Daily Independent

Abuja-based American School Writes EFCC, to Refund Yahaya Bellos Children $760,000 Fees - Thisday

AC Milan coach under fire over Chukwueze - The Nation

Access Bank Equips 90,000 Children with Financial Literacy Skills - Thisday

ACReSAL project: Mahmoud lauds World Bank for disbursing $2m to FCT - Blueprint

ACTDA Rescues Awka Residents From Perennial Flooding - Daily Independent

ActionAid launches good governance forum - The Nation

Addressing Ethiopia's humanitarian needs: Urgent action needed to save lives - APO Africa Newsroom

Administrator Samantha Power Concludes Her Visit to Angola - APO Africa Newsroom

Advocates challenge NAFDAC on sugar in baby formula, cereals - The Nation

Afikun Ijebu Targets Fame at GOtv Boxing Night 31 - Thisday

Agboola Ajayi wins Ondo PDP primary - Peoples Daily

Age Limit For Varsity Admission: Minister's Proposal Untenable, Unimplementable ' VCs, Educationists, Others - Daily Independent

Aiyedatiwa and challenges of reconciliation - The Nation

Ajaokuta Steel: Minister engages Russias TPE Consirtium on revival - Nigerian Pilot

Akpabio, Abbas, Dangote, others attend wedding of Kano, Bichi emirs children - The Nation

Allegations of illegality at Kano Free Trade Zone false- Customs - Blueprint

Anambra School Wins National Girls ICT Competition - Leadership

Aniebonam, co-travellers, not NNPP owners Aduji - Blueprint

Anne Hathaway's 'Gross Audition' Claims Denied By Casting Directors - Daily Independent

Anthony Ikeanyionwus Pursuit of Cinematic Excellence - Thisday

Anti-Graft Agency EFCC Arrests 34Suspects In AbujaFor Illegal Sale Of Dollars - Sahara Reporters

APC chieftain urges Ganduje ' Kwankwaso peace talks - Peoples Daily

Arabian Travel Market 2024: Global tourism leaders to explore impact of entrepreneurship, innovation on transforming travel - New Telegraph

Arabian Travel Market 2024: Global tourism leaders to explore impact of entrepreneurship, innovation on transforming travel - New Telegraph

Army's New Okuama Outpost - Daily Independent

ASEPA staff rescue newborn baby boy abandoned by mother - The Nation

Athletics School Games holds today as 15 schools vie for honours - The Nation

Atiku, Tambuwal, Muftwang, others to receive VAN awards - Tribune

Atlast APC resolves Ezza political crisis - Blueprint

Atletico, Bilbao battle for Champions League spot as Barca seek recovery - New Telegraph

Baby orca free after month trapped in Canadian lagoon - BBC

Bayern Munich Boss Tuchel Unmoved By Fans' Petition - Leadership

Bayern Munich Interested In Barcelona Youngster Mika Faye - Daily Independent

BBC returns to beach where five migrants died - BBC

BDCS mull harmonised retail end forex market - The Nation

BETWEEN BOBRISKY AND HER ASSAILANTS - Thisday

Boosting efforts to transform care for severe chronic diseases in Africa - APO Africa Newsroom

Brain Drain: Only 58,000 Doctors Renewed Annual Practice License In 2023 MDCN - New Telegraph

Brazil Great Marta To Retire From International Football - Leadership

British man injured in Tobago shark attack - BBC

Buhari Mourns Sidi Ali, Baffa Yola - Leadership

Bukky Wright makes Nollywood comeback in new movie, Red Circle - New Telegraph

Businesses Urged to TargetInnovative, Administrative Goals - Thisday

Calabar Port has not received container vessel in 25 years Manager - The Nation

Calling Me Upcoming Can Never Move Me ' Ice Prince - Daily Independent

Centre harps on gender-responsive budgeting for Nigeria correctional service - Blueprint

Changing Narrative with Women in Technology Startups - Thisday

Charterhouse: We've no control over fees charged by private schools ' Lagos govt - Tribune

Chery Captivates Lagos with Spectacular Roadshow - Thisday

Chery to dazzle audience with road show - Daily Times

Chief Esther Olufunke Arthur-Worrey Celebrates 97 Years of Grace - Daily Independent

CIPSMN Commences 2024 Mandatory Development Training Programme, Holds Induction - Daily Independent

Cleric Urges Discipline, Selflessness On Nation's Challenges - Leadership

Coexistence: Speaker harps on review of primary, secondary schools curricula - Blueprint