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April 28, 2016, 5:50 AM
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| Facebook: |
Facebook Reports First Quarter 2016 Results and Announces Proposal for New Class of Stock — Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended March 31, 2016. — “We had a great start to the year,” said Mark Zuckerberg, Facebook founder and CEO.
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Facebook, VatorNews, Re/code, Pocketnow, Neowin, Wired.co.uk, CNBC, Fone Arena, Forbes, ITworld.com, SlashGear, TechSpot, Social Media Today, BBC, Pocket-lint, The Register, internetretailer.com, MobileSyrup.com, Tech Trader Daily, TechCrunch, Business Insider, Fortune, VentureBeat, PE HUB, GeekWire, AdExchanger and Wall Street Journal
Tweets: @lexnfx, @lexnfx, @lexnfx, @lexnfx, @jguynn, @jguynn, @jguynn, @jguynn, @benedictevans, @benedictevans, @sarahfrier, @lexnfx, @joshconstine and @mattrosoff
See also Mediagazer| Matthew Lynley / TechCrunch: |
Facebook announces it will add a new class of non-voting stock for the company that will help keep Zuckerberg in control — Facebook is adding a new class of stock that will help keep Zuckerberg in control — Facebook today, as part of its earnings release, said it would add a new class …
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SiliconANGLE, eWeek, Facebook, VentureBeat, Business Insider, Fortune, Forbes, VentureBeat, AOL, Business Insider, Tech Insider and Re/code
| Deepa Seetharaman / Wall Street Journal: |
Facebook reports Q1 revenue of $5.38B up 51% YoY; net income of $1.51B, up from $512M last year; 1.65B MAUs, adding 60M from Q4; stock up over 9% — Facebook Revenue Soars on Ad Growth — Social network also announces proposal to create new class of nonvoting stock
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VatorNews, Gizmodo, New York Times, TechCrunch, VentureBeat, Business Insider, TechCrunch, The Verge, ZDNet, Engadget, The Next Web, Reuters, Tech Trader Daily and Silicon Valley Business …
Tweets: @jandawson, @dseetharaman, @jandawson, @lexnfx, @david_marcelis, @elanazak, @jillianiles and @wsj
| Jeff Grubb / VentureBeat: |
Oculus releases a Minecraft version for Gear VR headsets on the Oculus Store for $6.99 — Minecraft enters virtual reality on Samsung's Gear VR headset — It's time to move beyond the smartphone screen and into the world of Minecraft. — Microsoft has launched Minecraft: Gear VR Edition on the Oculus Store for $7.
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Variety, Mojang, Oculus, ZDNet, BetaNews, SiliconANGLE, WinBeta, Digital Trends, Engadget, The Tech Report, GamesIndustry.biz, BGR, The Next Web, Fortune, USA Today, Neowin, Android Authority, Polygon, The Verge, Droid Gamers, CNET, Tech Insider, Road to VR, Ubergizmo, TouchArcade and SlashGear. Tweets: @minecraft
| Jon Brodkin / Ars Technica: |
Comcast announces it will raise data cap from 300GB to 1TB on June 1; unlimited data customers will pay $50/month more — A Comcastic miracle: Data caps will go from 300GB to a terabyte — Going over the cap will be harder, but also more expensive. — Comcast today announced …
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Comcast Voices, ZDNet, Digital Trends, Engadget, PCWorld, Ubergizmo, Fortune, FierceCable, DSLreports, Gizmodo, Washington Post, Consumerist and The Verge
Tweets: @dangillmor and @pkafka
| Jungah Lee / Bloomberg: |
Samsung reports Q1 net profit of $4.6B, reversing 40% dip in previous quarter, helped by early release of Galaxy S7 — Samsung Profit Beats Estimates as Early S7 Smartphone Release Pays Off — Latest smartphone model fuels gains in net income, sales — Common, preferred share repurchase of 2.03 trillion won| Matt Weinberger / Business Insider: |
Microsoft buys 10M strands of synthetic DNA from Twist Bioscience to experiment with long-term data storage — Microsoft is buying 10 million molecules of custom DNA from a San Francisco startup — Microsoft is buying 10 million strands of long oligonucleotides — laboratory-made molecules of DNA … | Dustin Volz / Reuters: |
Email Privacy Act unanimously passes House, requiring a warrant before asking companies to hand over emails, heads to Senate with strong bipartisan support — Email privacy bill unanimously passes U.S. House — The U.S. House of Representatives voted unanimously on Wednesday …
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Electronic Frontier Foundation, TechCrunch, Engadget, SiliconBeat, Computerworld, Associated Press, Ars Technica, Techdirt, Patently Apple, Refinery29, Slate, The Verge, Hit & Run, The Hill, CircleID, Fortune, USA Today, The Hill, Multichannel News and ZDNet. Thanks:@dnvolz
| Christina Farr / Fast Company: |
The first Apple CareKit health apps are out, and CareKit becomes available on GitHub today — Apple's First CareKit Apps Are Here — Developers can use CareKit to build apps that track patients' health between doctor's visits. — How often do you visit your doctor's office? Three, four times per year?
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TechCrunch, The Verge, Gizmodo, MacRumors, AppleInsider, ABC News, TIME, Mercury News and Engadget. Thanks:@anjalimullany
| Ingrid Lunden / TechCrunch: |
Spotify buys photo aggregator CrowdAlbum to build more marketing tools for artists — Spotify has made another acquisition to build out the tools that it provides to artists who use Spotify's streaming platform to grow their listeners and overall business. It has bought CrowdAlbum …
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Press, Business Insider, SiliconANGLE, Fortune, Engadget, VatorNews, Digital Trends, Music Week, VentureBeat, TechRadar.com, CNET, Forbes, Android Police, The Next Web, RAIN News and Billboard. Tweets: @shivar. See also Mediagazer
| Peter Kafka / Re/code: |
Twitter's user growth problems become ad revenue issue as firm struggles to compete with new products like Snapchat, lacks scale to take on Facebook, Google — Twitter is going to have a hard time fixing its ad problem — For the last couple of years, two things about the Twitter narrative … | Ryan Mac / Forbes: |
PayPal beats expectations with Q1 net income of $452M, up from $353M last year, and net revenue of $2.54B, up 19% YoY — PayPal Grows Revenue 19% In Strong First Quarter — PayPal reported first quarter earnings for 2016 on Wednesday and continued to show growth in its core payments business.
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ZDNet, Business Wire, Investor's Business Daily, Bloomberg, TechCrunch, Reuters and TechCrunch
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