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April 25, 2019, 11:10 AM
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| Facebook: |
Facebook reports Q1 revenue of $15.08B, up 26% YoY, as advertising revenue hits $14.91B, up 26% YoY; sets aside $3B related to a forthcoming FTC settlement — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2019.
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| BuzzFeed News: |
Despite reporting that it expects a $3B-$5B fine from the FTC, Facebook's stock was up ~7.5% after hours, adding ~$40B to its market cap — Facebook will set aside $3 billion to cover expenses associated with a fine from the Federal Trade Commission over its privacy practices. All good here, say investors.| Josh Constine / TechCrunch: |
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iPhone in Canada Blog and The Verge
Tweets: @jaffoneh, @jonrussell, @lizperle, @joshconstine, and @joshconstine
| Josh Constine / TechCrunch: |
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Tweets: @farhip, @edzitron, @jenvalentino, and @joshconstine
| Tom Warren / The Verge: |
Microsoft briefly passed a market cap of $1T, the third US company to do so after Apple and Amazon, and is again the world's most valuable company — Strong earnings push Microsoft toward a new milestone — Microsoft has become the third US company to pass a market cap of $1 trillion.
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CNET, Bloomberg, 9to5Mac, Wall Street Journal, CNBC, and GeekWire
Tweets: @charliebilello, @carnage4life, and @joshelman
| Microsoft: |
Microsoft reports Q3 revenue of $30.6B, up 14% YoY, as net income rose by 19% YoY to $8.8B; Intelligent Cloud revenue rose 22% YoY to $9.7B — REDMOND, Wash. — April 24, 2019 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2019, as compared to the corresponding period of last fiscal year:
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| Eli Blumenthal / CNET: |
Verizon begins preorders for Samsung Galaxy S10 5G starting at $1,300 and names 20 cities that will get 5G in 2019 — Verizon's 5G rollout is spreading to more markets. And with the expansion comes the launch of Samsung's Galaxy S10 5G. — On Thursday, the largest wireless carrier …
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Verizon Fios & Custom TV, Digital Trends, PCWorld, TechCrunch, 9to5Google, Android Police, VentureBeat, Android Authority, and The Verge. Thanks:@jasonhiner
| Bloomberg: |
Nintendo misses analyst estimates of Switch sales with 17M units shipped in 2018 and 18M forecast for 2019, says no plans for new Switch at E3 this year — - Forecast for profit, Switch shipments below analyst estimates — President Furukawa says new hardware won't be unveiled at E3
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Reuters, VentureBeat, The Verge, Gizmodo, Thurrott, VentureBeat, TechCrunch, 9to5Google, Engadget, Variety, Inquirer, KnowTechie, CNET, Engadget, and TechSpot
Tweets: @gibbogame, @ynakamura56, and @next_china
| Julia Carrie Wong / The Guardian: |
Child stars on Instagram and YouTube aren't being protected by child labor laws, which were designed to prevent exploitation by parents and employers — ‘Kidfluencers’ are earning millions on social media, but who owns that money? — They open boxes, play with toys, pull pranks and make slime.| Sarah Perez / TechCrunch: |
Microsoft report: 41% of voice assistant users are concerned about trust, privacy, and passive listening; 52% worry their personal info or data is not secure — Forty-one percent of voice assistant users are concerned about trust, privacy and passive listening, according to a new report …
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VentureBeat, Thurrott, Bing Ads, and Microsoft
| Bloomberg: |
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Digital Trends, SiliconANGLE, SlashGear, PYMNTS.com, Android Central, Mashable, Gizmodo, and CNET
Tweets: @rmac18, @mattmday, @bradstone, and @tsgiles
| Wall Street Journal: |
Sources: the NSA has recommended that the White House drop a once-secret US phone-surveillance program that collects info about Americans' phone calls and texts — The program, created after 9/11, has encountered compliance challenges and questions about its efficacy in recent years
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Washington Post, 9to5Mac, BGR, Mashable, and Engadget
Tweets: @byrontau, @trevortimm, @dnvolz, @johnhendel, @wsjpolitics, @jpmarthoz, @jessmarindavis, @karlbode, @ericgeller, and @zackwhittaker
| Jessica Guynn / USA Today: |
Facebook admits it often confuses advocacy and commentary on racism and white complicity in anti-blackness with attacks on a protected group — It was spirit week, and Carolyn Wysinger, a high school teacher in Richmond, California, was cheerfully scrolling through Facebook on a break between classes.
Facebook: Reyma McCoy McDeid. Tweets: @aclu, @rashadrobinson, @colorofchange, @rashadrobinson, and @jguynn
| Andrew Leonard / OneZero: |
As AWS launches more services based on open source projects, some devs say AWS poses an existential threat by lifting others' work and renting access to it — Community leaders say AWS increasingly poses an existential threat — March 11, a Vice President at Amazon Web Services …
Tweets: @mvzelenks, @vineetdevaiah, @mvzelenks, @acsifferlin, @mvzelenks, @medium, and @sogrady
| Jennifer Lynch / Electronic Frontier Foundation: |
Massachusetts' top court rules that warrantless access by police to an individual's real-time cellphone location data violates that person's right to privacy — There's heartening news for our location privacy out of Massachusetts this week. The Supreme Judicial Court, the state's highest court …
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ZDNet and BostonGlobe.com
| Paul Sawers / VentureBeat: |
Online learning startup Coursera raises $103M Series E led by Seek Group, at a valuation of over $1B — Online education giant Coursera has raised $103 million in a series E round of fudning led by Seek Group, with participation from Future Fund and NEA. — Founded in 2012 …
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TechCrunch
| Alex Knapp / Forbes: |
Hover, which uses smartphone photos of buildings to generate 3D-visualizations, raises $25M Series C led by Menlo Ventures, bringing its total raised to $87M — San Francisco-based startup Hover, which uses smartphone photos of buildings to build 3D-visualizations for use by contractors … | Greg Otto / CyberScoop: |
Security experts say companies that dominate the US election tech market have failed to acknowledge and remedy vulnerabilities in systems used to hold elections — The last few years have been an awakening for Election Systems & Software. Before 2016, very few people were publicly pressing … | Tom Warren / The Verge: |
Slack previews new features rolling out in the coming weeks and months: responding to messages via email, new calendar integrations, universal search, and more — Most of the new features will be available later this year — Slack arrived more than five years ago with the bold attempt to try to kill email in the workplace.
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Slack, VentureBeat, VentureBeat, Engadget, Fast Company, MSPoweruser, Memeburn, ZDNet, Mashable, Bloomberg, and TechCrunch
Tweets: @peteskomoroch, @slackhq, @giano, @tomwarren, @slackhq, and @simplycomm
| Nicholas Vinocur / Politico: |
Critics question the willingness of the Irish Data Protection Commission, EU's lead GDPR enforcer, to crack down on tech firms that dominate Ireland's economy — The GDPR is the world's toughest standard for data privacy. But nearly a year later, its chief enforcer has yet to take a single action … | Christine Fisher / Engadget: |
Report: Amazon is testing a program to help fight utility patent infringements by matching a seller and an accused merchant with a third-party lawyer for $4,000 — Amazon has been battling counterfeit products and knock-off goods for years. It's tried charging merchants large fees … | PayPal: |
PayPal reports Q1 revenue of $4.13B, up 12% YoY, net income of $667M, up 31% YoY, and $161 billion in total payment volume, up 22% YoY — GAAP EPS of $.56, increasing 34%; non-GAAP EPS of $.78, increasing 37% $.08 EPS benefit related to PayPal's strategic investment in MercadoLibre 9.3 million net …
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