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- Microsoft beat Wall Street estimates. The tech giant posted $37.2 billion in revenue for its fiscal first quarter, higher than expected, amid growth in the company’s cloud business.
- Twitter and Facebook want to keep Section 230 protections. Twitter CEO Jack Dorsey and Facebook CEO Mark Zuckerberg plan to warn lawmakers that stripping back Section 230, a law which prevents tech companies being viewed as publishers, would hurt how we communicate on the internet.
- Apple bought an AI-company to boost Siri. The iPhone maker reportedly bought Barcelona-based Vilynx, which builds AI tools that analyze videos with the goal of “understanding” what’s in them and categorizing that information, for $50 million.
- Trump’s campaign site went offline. Hackers accessed the site Tuesday and posted a message claiming “multiple devices were compromised that gave full access to Trump and relatives.”
- AMD is acquiring Xilinx. AMD is buying its fellow US-chipmaker for $35 billion in an all-stock deal expected to close at the end of 2021.
- Reddit won’t cut remote pay. The social media company said that its employees will not take a pay cut if they decide to move to more affordable cities.
- Visa and Plaid’s merger is at risk. The $5.3 billion deal is in jeopardy because of antitrust concerns, the Wall Street Journal reported.
- Starlink’s beta internet is here. SpaceX’s public beta test for its satellite internet project will cost $600 upfront, and some users have already said they’ll spend more for a better setup.
- Trump’s campaign may have breached Facebook rules. The Trump campaign ran an ad on Facebook that appeared to imply an early victory for the president, a move that Facebook has said violates its policies.
- Google faces fresh antitrust pressure. Five search engine rivals have written to Europe’s regulator complaining its choice screen for Android is ineffective.
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