Sony reports 6.3M PS5 sales in Q4 2022, up from 2M in Q4 2021, taking FY 2022 to 19.1M and 38.4M since launch, and $29B revenue for FY 2022, up from $19.9B YoY (Steve Dent/Engadget)

Steve Dent / Engadget: Sony reports 6.3M PS5 sales in Q4 2022, up from 2M in Q4 2021, taking FY 2022 to 19.1M and 38.4M since launch, and $29B revenue for FY 2022, up from $19.9B YoY  —  Now that it’s solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation […]

A profile of Liu Xiaoping, a dog food seller on Pinduoduo who coaches Chinese merchants on using legal action to fight Pinduoduo’s refund-without-return policy (Viola Zhou/Rest of World)

Viola Zhou / Rest of World: A profile of Liu Xiaoping, a dog food seller on Pinduoduo who coaches Chinese merchants on using legal action to fight Pinduoduo’s refund-without-return policy  —  A dog food seller known as “Lawsuit Bro” is leading the fight.  — A dog food seller on Pinduoduo has emerged as an unlikely […]

Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians’ songs on the platform (Blake Brittain/Reuters)

Blake Brittain / Reuters: Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians’ songs on the platform  —  TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …

Canada’s Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them (Mickey Djuric/Canadian Press)

Mickey Djuric / Canadian Press: Canada’s Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them  —  OTTAWA – A federal bill that will force digital platforms like Netflix and YouTube to contribute financially to Canadian content is on the cusp of […]

Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+ (Rohan Goswami/CNBC)

Rohan Goswami / CNBC: Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+  —  – Cloudflare issued muted guidance for the upcoming quarter and full-year that sent shares down as much as 25%

Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital (Meagan Simpson/BetaKit)

Meagan Simpson / BetaKit: Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital  —  Practice Better claims to have more than 10,000 customers in more than 70 countries.  —  Practice Better is the result of its founder …

MIT engineers “grow” atomically thin transistors on top of computer chips

Emerging AI applications, like chatbots that generate natural human language, demand denser, more powerful computer chips. But semiconductor chips are traditionally made with bulk materials, which are boxy 3D structures, so stacking multiple layers of transistors to create denser integrations is very difficult. However, semiconductor transistors made from ultrathin 2D materials, each only about three […]

Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China (Bloomberg)

Bloomberg: Sources: Germany is in talks to limit the export of chemicals used to make advanced chips to China, seeking to join US and EU allies in closing ranks on China  —  Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts […]

Apple reports European MAUs for its App Stores: iOS has 101M, iPadOS has 23M, macOS has 6M, tvOS has 1M, and watchOS, Books, and Podcasts have under 1M each (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac: Apple reports European MAUs for its App Stores: iOS has 101M, iPadOS has 23M, macOS has 6M, tvOS has 1M, and watchOS, Books, and Podcasts have under 1M each  —  In order to comply with the European Digital Services Act, Apple has been forced to reveal the number of monthly active […]

Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue (Reuters)

Reuters: Stock exchange operator Deutsche Boerse offers to buy Danish investment management software company SimCorp for €3.9B in cash; SimCorp had €561M in 2022 revenue  —  Stock exchange operator Deutsche Boerse (DB1Gn.DE) on Thursday announced a 3.9 billion euro ($4.31 billion) …

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 (Sara Merken/Reuters)

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 …

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 (Abner Li/9to5Google)

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.

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 (Darrell Etherington/TechCrunch)

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 …

Experts say 5G’s next iteration, 5.5G, could help autonomous cars, drones, and more, but everyday users may not see many applications beyond faster speeds (Dan Strumpf/Wall Street Journal)

Dan Strumpf / Wall Street Journal: Experts say 5G’s next iteration, 5.5G, could help autonomous cars, drones, and more, but everyday users may not see many applications beyond faster speeds  —  Mobile companies say an upgrade is coming in a couple of years that will boost connection speeds amid flagging consumer interest

The UK CMA blocks Microsoft’s $68.7B Activision acquisition, citing concerns about competition and innovation in the UK gaming market; Microsoft plans to appeal (GOV.UK)

GOV.UK: The UK CMA blocks Microsoft’s $68.7B Activision acquisition, citing concerns about competition and innovation in the UK gaming market; Microsoft plans to appeal  —  The CMA has prevented Microsoft’s proposed purchase of Activision over concerns the deal would alter the future …

A look at the mounting US pressure on Binance: the DOJ’s money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more (New York Times)

New York Times: A look at the mounting US pressure on Binance: the DOJ’s money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more  —  The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.

Driving toward data justice

As a person with a mixed-race background who has lived in four different cities, Amelia Dogan describes her early life as “growing up in a lot of in-betweens.” Now an MIT senior, she continues to link different perspectives together, working at the intersection of urban planning, computer science, and social justice. Dogan was born in […]