Jennifer Surane / Bloomberg: PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL drops 5%+  —  PayPal Holdings Inc. shares slumped after the payments giant warned that its adjusted operating margin won’t grow as quickly … Lees verder op Tech Meme

Lynn Doan / Bloomberg: Nick Clegg reiterates that Meta will end news content in Canada if C-18 passes and says he pulled out of a committee hearing after a session title changed  —  Meta Platforms Inc. said it would end news content on Facebook and Instagram in Canada if lawmakers pass legislation … Lees verder op Tech Meme

Anna Nicolaou / Financial Times: Source: Spotify removed ~7% of tracks uploaded by AI music startup Boomy, or “tens of thousands” of songs, over suspicion of bots posing as human listeners  —  Platform cracks down on bots posing as listeners as flood of content rattles music industry Lees verder op Tech Meme

Ivan Mehta / TechCrunch: WhatsApp partners with Stripe to let Singapore-based users pay some businesses within the app, following the launch of merchant payments in India and Brazil  —  After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Lees verder op Tech Meme

Wall Street Journal: Analysis: of the 76 coins the SEC considers securities, 16 can be traded on major US crypto exchanges; tokens labeled as securities in 2022 almost tripled YoY  —  Number of tokens regulator has labeled as securities almost tripled in 2022  —  The Securities and Exchange Commission … Lees verder op Tech Meme

Nikhilesh De / CoinDesk: Sam Bankman-Fried’s lawyers file pretrial motions to dismiss most criminal charges against him, but not charges tied to securities fraud and money laundering  —  Bankman-Fried did not move to dismiss charges tied to securities fraud or money laundering.  —  FTX founder Sam Bankman-Fried … Lees verder op Tech Meme

Dan Goodin / Ars Technica: Google’s passkey offering is refined and comprehensive enough to recommend, but the ecosystem is incomplete, despite PayPal, Kayak, and others using passkeys  —  The passkey ecosystem is far from complete, but Google’s implementation is now ready to use.  —  By now, you’ve likely heard … Lees verder op Tech Meme