Ingrid Lunden / TechCrunch:
Sources: Meta plans to shut down its enterprise Workplace tool in September 2025, becoming read-only until May 2026, and will announce the move as soon as today — Facebook once had big ambitions to be a major player in enterprise communication and productivity, but today …
SEC filing: Unity Create CPO and CTO Marc Whitten is stepping down on June 1, less than one year after becoming entangled in the company’s Runtime Fee fiasco (Chris Kerr/Game Developer)
Chris Kerr / Game Developer:
SEC filing: Unity Create CPO and CTO Marc Whitten is stepping down on June 1, less than one year after becoming entangled in the company’s Runtime Fee fiasco — Unity executive Marc Whitten is stepping down on June 1, 2024, less than a year after becoming entangled in the company’s Runtime Fee fiasco.
Polymarket, a decentralized prediction and betting market with a focus on elections, has raised $70M across two rounds, the most recent led by Founders Fund (Bloomberg)
Bloomberg:
Polymarket, a decentralized prediction and betting market with a focus on elections, has raised $70M across two rounds, the most recent led by Founders Fund — – Founders fund, Buterin Back $70 Million Polymarket fundraising — Polymarket has become a major platform for election bettors
Comcast CEO Brian Roberts says Comcast will launch StreamSaver, a bundle with Peacock, Netflix, and Apple TV+, later this month at a “vastly discounted price” (Todd Spangler/Variety)
Todd Spangler / Variety:
Comcast CEO Brian Roberts says Comcast will launch StreamSaver, a bundle with Peacock, Netflix, and Apple TV+, later this month at a “vastly discounted price” — Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle …
Amazon CEO Andy Jassy says AWS CEO Adam Selipsky is stepping down, replaced by Matt Garman, effective June 3; Selipsky joined AWS in 2005 and became CEO in 2021 (Kylie Robison/The Verge)
Kylie Robison / The Verge:
Amazon CEO Andy Jassy says AWS CEO Adam Selipsky is stepping down, replaced by Matt Garman, effective June 3; Selipsky joined AWS in 2005 and became CEO in 2021 — Adam Selipsky is stepping down, according to an internal memo. … AWS CEO Adam Selipsky is stepping down, effective June 3rd …
How a new generation of tech founders and VCs are quietly pilgrimaging to the Gulf states’ sovereign wealth funds, after some shunned Middle Eastern funding (Washington Post)
Washington Post:
How a new generation of tech founders and VCs are quietly pilgrimaging to the Gulf states’ sovereign wealth funds, after some shunned Middle Eastern funding — The Biden administration has brokered the tech industry’s ties to the region as a bulwark against China, helping spur a generation …
The US NHTSA opens an investigation into Alphabet’s Waymo, covering an estimated 444 vehicles and following 22 reports of 22 incidents, including 17 collisions (Reuters)
Reuters:
The US NHTSA opens an investigation into Alphabet’s Waymo, covering an estimated 444 vehicles and following 22 reports of 22 incidents, including 17 collisions — U.S. auto safety regulators said on Tuesday they have opened an investigation into the performance of Alphabet’s Waymo (GOOGL.O) …
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering (Camomile Shumba/CoinDesk)
Camomile Shumba / CoinDesk:
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering — Alexey Pertsev was first jailed in the Netherlands in August 2022. — Tornado Cash developer Alexey Pertsev has been found guilty …
Square Enix falls 16%, the biggest decline in 13 years, after President Takashi Kiryu said sales of its big-budget games, exclusive to PlayStation, fell short (Takashi Mochizuki/Bloomberg)
Takashi Mochizuki / Bloomberg:
Square Enix falls 16%, the biggest decline in 13 years, after President Takashi Kiryu said sales of its big-budget games, exclusive to PlayStation, fell short — – Big titles released on PlayStation fell short, president says — Games development overhaul seen taking time to bear fruit
Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend (Sarah Zheng/Bloomberg)
Sarah Zheng / Bloomberg:
Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend — Revenue for the three months ended March rose to 221.9 billion yuan ($30.7 billion), compared with analysts’ estimates for 219.8 billion yuan.
