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

AMD announces new chipsets for handheld gaming consoles

The chipsets has up to eight cores and 16 threads, and are equipped with Zen 4 architecture for enhanced efficiency and battery life. The first handheld gaming device using the Ryzen Z1 chipset will be the Asus ROG Ally, a "premium handheld PC console", which is expected to be launched with further details on May 11. https://ift.tt/g9JaEMt

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.

Sources: Andy Jassy picks 14-year Amazon veteran Eric Rimling as his technical adviser, a prestigious two-year position; Jassy was Bezos' adviser in the 2000s (Theo Wayt/The Information)

Theo Wayt / The Information:
Sources: Andy Jassy picks 14-year Amazon veteran Eric Rimling as his technical adviser, a prestigious two-year position; Jassy was Bezos' adviser in the 2000s  —  Amazon CEO Andy Jassy has picked Eric Rimling, a 14-year veteran of the company's fulfillment operation, as his new technical adviser …

Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs (Bloomberg)

Bloomberg:
Filing: SMIC-backed Semiconductor Manufacturing Electronics Shaoxing plans to raise $1.4B in an IPO on Shanghai's STAR Market as Beijing battles US curbs  —  A chip foundry backed by China's top semiconductor firm is set to raise $1.4 billion in Asia's biggest initial public offering so far this year …