The bad news is it's Monday. The good news is it's no longer April Fools' Day. That said...
April Fools' Day carries an important lesson
In general, I am opposed to the sort of pranks that have become all too common in the tech and business worlds on April Fools' Day. Most just aren't that funny.
But, but but: A number of people pointed to a larger truth amid all the messages: Why is it that April Fools' Day is the one day a year where we view what we read on the internet with skepticism?
That said, amid the many unfunny fake products and press releases, two stood out to me as worthy:
- The first was Snapchat's epic dig at rival Facebook — a photo filter that turned selfies into what appears to be a half Russian Facebook page.
- The other was a fake product from Lego that I think many parents would gladly pay for: A vacuum capable of sucking up and then sorting the little plastic bricks.
More: This year's list of unfunny antics included Rent the Runway expanding to clothes for dogs, streaming socks from Roku and Elon Musk joke-tweeting about going bankrupt. If you're really into these sorts of pranks, there's a compendium of such antics here.
Zuckerberg fires back at Cook
In an interview with Vox's Ezra Klein, Facebook CEO Mark Zuckerberg rejects the notion that just because Facebook isn't getting paid by consumers, it doesn't care about them as much as Apple. He told Vox:
The other side: His comments, part of a podcast being released Monday, come as Apple CEO Tim Cook continues to voice criticism of Zuckerberg and Facebook, saying that no company should have that much information on your history and that Apple would never find itself in the same situation as Facebook.
- As we've been pointing out, Cook and Zuckerberg have been trading shots over privacy since at least 2015.
Video of op-eds puts Sinclair under scrutiny
It's well known that Sinclair Broadcast Group makes its 200-plus local stations air centrally drafted opinion items reflecting its conservative, often pro-Trump positions.
But to really see the full impact, you have to see those scripted efforts side by side. And Deadspin did just that.
- Watch: The website made a video showing the pieces all mashed together, with stations across the country having their well-known local on-air personalities decry the travesty of fake news.
Why it matters: Sinclair is in the process of trying to buy Tribune, a controversial deal that would further concentrate local media and greatly expand Sinclair's reach.
What’s next: Sinclair is currently negotiating with the FCC and DOJ to get them to sign off on the deal. If the Tribune deal were allowed without any divestitures, Sinclair would reach over 70% U.S. households, which would be an unprecedented level of access.
Taxes are tricky for cryptocurrency investors
With Tax Day just two weeks away, there are still a lot of unanswered questions for those who have gains (or losses) to report from investments in cryptocurrencies, Kia Kokalitcheva reports.
The bottom line: Yes, you need to pay taxes on crypto investments. But exactly what you owe on such gains is tricky, especially given the limited guidance from the IRS.
Fortnite's mobile game continues to soar
How popular is the game Fortnite? Well, the game's maker just had to add a warning reminding school kids not to play in class.
Yes, but: Popular though it is, Fortnite is not actually addictive, at least according to one researcher, BBC reports.
- The Global Game Conference takes place in Beijing.
- China's Space Station returned to Earth, GeekWire writes, with U.S. and Chinese officials saying any debris from the destroyed space lab would have safely fallen into the Pacific Ocean.
- GeekWire also has a look at the last remaining Blockbuster Video store in the continental U.S. It's in Bend, Ore., in case you were wondering. Six other locations remain open in Alaska.
- Ticketmaster is denying a New York Times report it is stifling competition in the concert industry, per Bloomberg.
- Missouri's Attorney General has opened an investigation into Facebook's data practices, Bloomberg reports.
- Leading economists are increasingly scaling back the most apocalyptic forecasts of job losses resulting from the new age of automation — only 10% of U.S. jobs are at high risk of vanishing to automation, per a major OECD report.
After you Login
Congratulations to Notre Dame, which won the NCAA women's basketball tournament on a last-second shot by Arike Ogunbowale.
Also congratulations to the winner of the inaugural Login women's bracket challenge: Kurt Fried. If that name sounds familiar, he's the author of the children's book "Tooth Fairies and Jetpacks" (and also my first cousin.)