Techmeme
April 27, 2016, 5:15 AM

Top News

Apple:
Apple Reports Second Quarter Results  —  Capital Return Program Expanding to $250 Billion  —  Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016.  The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share.
Alex Webb / Bloomberg:
Apple misses with Q2 revenue of $50.6B, down from $58B last year; net income down to $10.5B; 51.2M iPhones sold; sees Q3 sales drop to $41B-$43B; stock down 7%+  —  Apple Forecasts Another Sales Decline as iPhone Demand Cools  —  Apple Inc. posted its first quarterly revenue drop …
Devlin Barrett / Wall Street Journal:
Sources: FBI plans to keep iPhone-hacking method secret, will discourage White House from beginning internal review of whether it should be disclosed to Apple  —  FBI Plans to Keep Apple iPhone-Hacking Method Secret  —  Move would likely keep Apple in the dark about security weakness
Jordan Novet / VentureBeat:
Dropbox previews Project Infinite, which will show files locally but store them remotely; no launch timeline or pricing set  —  Dropbox's Project Infinite shows all company files locally but stores them remotely  —  Cloud file syncing and sharing software company Dropbox today is announcing …
Casey Newton / The Verge:
None of the changes Twitter made over the past year have broadened the appeal of the core service  —  Nothing Twitter is doing is working  —  Twitter reported its first-quarter earnings today, and they came in under expectations: the company's haul of $595 million was less than the $607.8 million …
More: VatorNews and CIO.com
Ingrid Lunden / TechCrunch:
Twitter reports mixed Q1 with $595M in revenue, up 36% YoY but less than $608M expected, 310M MAUs, up 3% YoY; stock drops 13%+ after hours  —  Twitter's woes continue on Q1 sales of $595M, a sluggish 310M MAUs and weak guidance  —  Twitter reported its Q1 earnings today, and they're not great.
Twitter:
Mark Hachman / PCWorld:
Intel CEO outlines new strategy: focus on connected things like PC and IoT, cloud, new memory business like 3D XPoint, 5G, manufacturing and fab innovation  —  Intel declares independence from the PC as it lays out a broader 5-point strategy  —  The PC's just another ‘connected thing’ in this new world order.
Reuters:
Adi Robertson / The Verge:
HTC launches Vive X, a $100M VR startup accelerator, in Beijing, Taipei, and San Francisco  —  HTC launches $100 million VR startup accelerator  —  HTC is launching a $100 million accelerator program for startups that want to use its VR technology.  The program, called Vive X …
Jim Finkle / Reuters:
Interbank messaging platform SWIFT warns customers of multiple cyber fraud cases, saying the Bangladesh Bank hack was not an isolated incident  —  Exclusive: SWIFT warns customers of multiple cyber fraud cases  —  SWIFT, the global financial network that banks use to transfer billions of dollars every day …
Zac Hall / 9to5Mac:
Microsoft releases Skype for Business Mac Preview with Outlook calendar integration today, plans to add instant messaging, telephony, and more this summer  —  Microsoft introducing Skype for Business Mac Preview w/ Outlook calendar integration  —  Microsoft is getting serious with the Mac today …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/18 - Game Emulators On iOS And The Atlas Robot Lives!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:15 AM ET, April 27, 2016.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Emma Brown / Washington Post:

Earlier Picks

Gerry Smith / Bloomberg: