IBM

The long-slumping PC market showed some signs of life in the first quarter, registering the first year-on-year increase in five years, with HP, Lenovo, Apple, Dell and Acer all reporting sales gains.

According to IDC:

  • HP retook the top spot for the first time since the first quarter of 2013, thanks to a 13% year-over-year increase.
  • Lenovo fell to the second spot, amid only 1.7% global growth. It also had its first U.S. decline since the third quarter of 2009, with sales down 4.2 percent year-over-year.
  • Dell grew 6.2 percent to maintain the third spot, while Apple remained in fourth with 4.1% year-over-year growth. Acer regained ground, finishing fifth globally, on a 2.9% sales increase.
  • The rest of the PC industry, meanwhile, posted an 11 percent drop in sales as business continues to shift to the global giants at the expense of everyone else.

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Updated 52 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 18,178,736 — Total deaths: 691,111 — Total recoveries — 10,835,789Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 4,698,335 — Total deaths: 155,331 — Total recoveries: 1,468,689 — Total tests: 57,543,852Map.
  3. Politics: White House will require staff to undergo randomized coronavirus testing — Pelosi says Birx "enabled" Trump on misinformation.
  4. Sports: 13 members of St. Louis Cardinals test positive, prompting MLB to cancel Tigers series — Former FDA chief says MLB outbreaks should be warning sign for schools.
  5. 1 🎥 thing: "Tenet" may be the first major film to get a global pandemic release.

Twitter faces FTC fine of up to $250 million over alleged privacy violations

Photo: Rafael Henrique/SOPA Images/LightRocket

The Federal Trade Commission has accused Twitter of using phone numbers and emails from its users to make targeted ads between 2013 and 2019, Twitter said in an SEC filing published Monday.

Why it matters: Twitter estimates that the FTC's draft complaint, which was sent a few days after its Q2 earnings report, could cost the company between $150 million and $250 million. The complaint is unrelated to the recent Twitter hack involving a bitcoin scam.

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Hollywood's international game of chicken

Illustration: Eniola Odetunde/Axios

If all goes to plan, Christopher Nolan's thrice-delayed "Tenet" will be the first blockbuster to receive a proper worldwide theatrical release amid the coronavirus pandemic at the end of this month.

Why it matters: It'll be playing a $200 million game of chicken, hoping to prove that people across the globe are still willing to trek to theaters to see a splashy new movie.