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April 29, 2019, 6:30 PM
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Alphabet:
Alphabet Q1: revenue of $36.3B, up 17% YoY, net income of $6.66B with EC fine, CPC down 19%, and paid clicks on Google properties up 39% YoY; stock drops 7%+  —  MOUNTAIN VIEW, Calif. - April 29, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2019.
Theodore Schleifer / Recode:
Sources: Anki, the robotics startup that raised $200M+ from investors including a16z, is shuttering and laying off its staff of 200 with one week's severance  —  It's a hard, hard fall.  —  Anki, the robotics company that has raised over $200 million in venture capital …
Spotify:
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY  —  Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
Hannah Murphy / Financial Times:
Facebook to give 60+ academics around the world access to its data from January 2017 to February 2019, which excludes run-up to the 2016 US election and Brexit  —  Facebook is opening up its data for the first time to more than 60 academics from around the world, who will be able to look …
Natasha Lomas / TechCrunch:
Facebook's Ad Archive API is criticized for lacking info on ad targeting criteria and being limited to keyword searches, preventing a comprehensive look at ads  —  Facebook has been accused of blocking the ability of independent researchers to effectively study how political disinformation flows across its ad platform.
CNBC:
The We Company, better known as WeWork, announces it has filed confidentially for IPO; the company has said its 2018 revenue was $1.8B with a net loss of $1.9B  —  KEY POINTS  — The We Company, better known as WeWork, filed confidentially for an IPO.  — The company did not reveal …
Laura Hautala / CNET:
Researchers find the addresses and demographic details of more than 80M US households listed on an unsecured database, now offline, on a Microsoft cloud service  —  In a blow to consumers' privacy, the addresses and demographic details of more than 80 million US households were exposed …
Chris Welch / The Verge:
Apple says $250 Powerbeats Pro wireless earbuds will be available to preorder on May 3 and ship on May 10 in black with three other colors coming in the summer  —  Preorders start just a few days from now on May 3rd  —  There was a ton of reader interest in the new Powerbeats Pro …
Deanna Ting / Skift:
Marriott launches Homes & Villas, an Airbnb competitor, in more than 100 markets around the world, following an year-long pilot program with 200 homes in London  —  This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner …
Brian Crecente / Variety:
Microsoft says Minecraft creator Markus Persson won't be part of 10-year anniversary plans for the game because of his “comments and opinions”  —  “Minecraft” creator Marcus “Notch" Persson, who sold the title to Microsoft for $2.5 billion in 2014, won't be part of 10-year anniversary plans …
Jeff John Roberts / Fortune:
ICE's Bakkt, which has faced regulatory delays, says it has acquired the Digital Asset Custody Company and has applied with NY to become a registered trust  —  Intercontinental Exchange (ICE), which owns the New York Stock Exchange, made a splash last August with big plans to get into the Bitcoin business.
BBC:
Consent forms to access the phones of victims of crime, including those alleging rape, have been rolled out across England and Wales  —  Victims of crimes, including those alleging rape, are to be asked to hand their phones over to police - or risk prosecutions not going ahead.
Ginny Marvin / Search Engine Land:
Microsoft rebrands Bing Ads as Microsoft Advertising, says it will introduce more advertising products with built-in AI over the next year  —  The new name reflects a broader focus on ad inventory, data and targeting capabilities.  —  First there was Microsoft adCenter.  Then there was Bing Ads.
Roger Parloff / Yahoo Finance:
Profile of Chris Cox, who, despite being chief product officer for years, never drew the attention for Facebook's scandals that Zuckerberg and Sandberg did  —  In late 2003, during his senior year at Stanford, Chris Cox, the future Chief Product Officer at Facebook (
Jessica Davies / Digiday:
El Pais-owner Prisa Media made a tool that uses machine learning to identify articles that evoke positive feelings, in a bid to sell brand-safe ads at a premium  —  Monetizing hard news has always been a thorn in the side of general-news publishers.  For some advertisers …
Ron Miller / TechCrunch:
Tray.io raises $37M Series B led by Spark Capital for its enterprise automation platform, says it has over 200 customers including Lyft, Intercom, IBM, and SAP  —  Tray.io, the startup that wants to put automated workflows within reach of line of business users, announced a $37 million Series B investment today.

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From Mediagazer

Washington Post:
The Pentagon says Stars and Stripes will move “away from woke distractions” and cease publishing AP “reprints”; its EIC says he'll work to save its independence

Daniel Thomas / Financial Times:
Sources: the BBC plans to announce a major deal to make bespoke shows for YouTube for the first time, which will later be aired on the BBC iPlayer and Sounds

Jeremy Barr / The Guardian:
Some CBS News staffers expressed deep skepticism about a story that used unnamed sources to report that the ICE officer who shot a woman had “internal bleeding”

More News

Earlier Picks

Kieren McCarthy / The Register:
Hertz sues Accenture for delays, poor design, security vulnerabilities and performance problems of its website and mobile app redesign, for which it paid $32M
New York Times:
How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes
Mike Isaac / New York Times:
Sources: Uber will pitch an Amazon-like growth story during IPO roadshow, but a filing shows Q1 revenue growth was 20%, less than half of what it was a year ago
Eric Slivka / MacRumors:
Phil Schiller, in an email to a user, says screen-time apps Apple restricted used MDM feature only intended for enterprises, creating privacy and security risks
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