The Daily Download - latest tech news, byte sized. Based on @launchticker

The Daily Download - tech news for 2020-05-15


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Foxconn (~$2.6B market cap) reports ~$70.3M profit for Q1, down
Tesla plans to introduce a new low-cost, long-life battery for Model
Disney+ has slowed its hiring amid the coronavirus pandemic, according to
Airbnb has launched an opt-in “alumni talent directory” featuring profiles, work
Amazon purchases the rights for seven films that were set to
Airbnb hires Tara Bunch as head of global operations; Bunch joins
Zoom says it plans to hire 500 engineers located in Phoenix
The Libra Association adds several investment firms as members; Singapore’s Temasek,
SoftBank has spent ~$2.3B repurchasing its own shares over the last
India-based restaurant delivery firm Zomato cuts its workforce by 13 percent;
Variety profiles how upcoming streaming service HBO Max has had to
Kevin Roose of The New York Times considers the possibility of
A seventh Amazon fulfillment worker has died after contracting COVID-19, reports
AppLovin acquires fellow mobile games company Machine Zone; terms undisclosed; Machine
The We Company (aka WeWork) claims to have surpassed $1B in
Apple is set to launch a 10.8-inch iPad and an 8.5-inch
TSMC confirms a $12B plan to establish a chip foundry in
Los Angeles-based direct-to-consumer retailer Ettitude raises $1.6M from from Drumbeat Ventures
GM subsidiary Cruise lays of eight percent of its ~1.8k-member workforce;
Silicon chip manufacturer Taiwan Semiconductor Manufacturing Co (TSMC) to announce plans
This Week in Startups: AMA with Dan PupiusRange Co-Founder and CEO
Bloomberg examines Uber CEO Dara Khosrowshahi's past as a dealmaker, including
The Boring Company finishes excavating the second and final tunnel under
Amazon launches Common Threads: Vogue x Amazon Fashion, a storefront for
Chrome browser to auto-block resource-heavy ads beginning in August; covers cryptocurrency
This Week in Startups: The Power of Accelerators E4Jason speaks with
The Senate passes an amended version of the USA Freedom Reauthorization
Bloomberg explores how companies adopting long-term or permanent remote work programs
Apple ($1.32T market cap) acquires NextVR, which produces live broadcasts for
Amazon VP of Public Policy Brian Huseman calls for a federal
Mobile games company AppLovin acquires Machine Zone, the company behind
OnlyFans, a site that enables adult entertainers to collect subscription fees
Microsoft ($1.34T market cap) acquires UK-based Metaswitch Networks, which provides software
Reddit is testing Community Points: Ethereum-based crypto-tokens earned through site contributions;
The Daily Download is an unofficial fan based experiment.
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The Daily Download - latest tech news, byte sized. Based on @launchtickerBy Peter Kuhar