Deadline: Mina Lefevre, Meta’s head of development and programming, to exit amid layoffs, as Meta shutters Facebook Watch Originals and ends its last show, Red Table Talk — EXCLUSIVE: Mina Lefevre, who was Head of Development and Programming at Meta, is departing Facebook’s parent company. Lees verder op Tech Meme
Abner Li / 9to5Google: Google says it plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted — On Monday, Google Authenticator launched the ability to sync 2FA codes to your Google Account. Lees verder op Tech Meme
Sara Merken / Reuters: Harvey, which builds generative AI tools for law firms, raised a $21M Series A led by Sequoia with participation from the OpenAI Startup Fund and others — With more and more lawyers at major law firms using fast-advancing generative artificial intelligence tools, legal AI startup Harvey … Lees verder op Tech Meme
Darrell Etherington / TechCrunch: Meta says time spent on Instagram grew 24%+ since Reels launched thanks to AI recommendations, and expects Reels to be revenue-neutral by year end or early 2024 — Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday … Lees verder op Tech Meme
Paul Sawers / TechCrunch: Lookout agrees to sell its consumer mobile security business to F-Secure in a deal valued at around $223M, transitioning into a “pure-play enterprise company” — Lookout’s long-running transition to becoming an enterprise security company is all but complete … Lees verder op Tech Meme
Amanda Silberling / TechCrunch: Mark Zuckerberg disputes the narrative that Meta is moving its focus away from a metaverse vision and sees AI tech working in tandem with the metaverse — Things are looking up for Meta. The company beat revenue expectations, reporting an increase in year-over-year revenue for the first time in three quarters. Lees verder op Tech Meme
Bloomberg: A Brazilian court orders a temporary ban on Telegram in the country after the company refused to share information about neo-Nazi groups with the federal police — A federal court ordered a temporary ban on Telegram in Brazil after the messaging service refused to share information … Lees verder op Tech Meme
Yuvraj Malik / Reuters: eBay reports Q1 revenue up 1% YoY to $2.51B, vs. $2.48B est., gross merchandise volume down 5% YoY to $18.4B, and forecasts Q2 revenue guidance above estimates — Ecommerce firm eBay Inc (EBAY.O) forecast second-quarter revenue above Wall Street estimates on Wednesday … Lees verder op Tech Meme
Jonathan Vanian / CNBC: Meta’s Reality Labs unit reports Q1 revenue down 51% YoY from $695M to $339M and operating loss up 35% YoY from $2.96B to $3.99B, after losing $13.72B in 2022 — – Meta’s Reality Labs unit had a $3.99 billion operating loss in the first quarter, after losing $13.72 billion last calendar year. Lees verder op Tech Meme
Todd Spangler / Variety: Roku reports Q1 revenue up 1% YoY to $741M, platform revenue down 1% YoY to $635M, streaming hours up 20% YoY to 25.1B, and active accounts up 17% YoY to 71.6M — Users streamed a record high of 3.9 hours per active account per day during the quarter, company says Lees verder op Tech Meme