Techmeme
April 30, 2019, 8:00 AM

Top News

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 …
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  —  MOUNTAIN VIEW, Calif. - April 29, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2019.
Brian Heater / TechCrunch:
Google says Q1 results reflect industry pressure on premium smartphone sales; Sundar Pichai cites “year over year headwinds” after the release of Pixel 3 line  —  Alphabet's Q1 earnings were a disappointment for Wall Street, courtesy primarily of ad revenue shortcomings.
Bloomberg:
Vodafone says it found hidden backdoors in Huawei equipment in 2011 and 2012 but the issues were resolved and there was no evidence of data being compromised  —  Vodafone Group Plc has acknowledged that it found vulnerabilities going back years with equipment supplied by Huawei Technologies Co. for the carrier's Italian business.
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 …
Joshua Benton / Nieman Lab:
Amazon is looking to hire a managing editor of news for its video doorbell company Ring to “deliver breaking crime news alerts to our neighbors”  —  When news organizations think about competition from tech companies, it's usually in terms of the audience's attention and advertisers' dollars.
Ju-min Park / Reuters:
Samsung posts a profit of $5.4B in Q1, down 60% YoY, as its semiconductor and mobile businesses post a 64% drop and a 40% drop in operating profits respectively  —  SEOUL (Reuters) - Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday …
Sally Khudairi / The Apache Software Foundation Blog:
The Apache Software Foundation has completed migrating its Git service to GitHub, says its Git service was decommissioned after completing migration in February  —  Provides source code tooling services for 200M+ lines of code across 350+ Apache Projects  —  The Apache® Software Foundation …
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.
Hannah Murphy / Financial Times:
Todd Spangler / Variety:
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN  —  - Twitter Expands Live-Streaming Video Lineup, Sets Content Deals With Viacom, ESPN, Live Nation, Univision, and More
Alex Kantrowitz / BuzzFeed:
On paid email newsletter platforms, small audiences are translating to dollars for writers, such as on Substack, where the 12 top earners make $160K+ on average  —  As writers gravitate toward paid email newsletters, small audiences translate to meaningful dollars.
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.
Spiegel Online:
Analysis: Germany's AfD right-wing party, estimated to have support of 11%-15% voters, accounts for 85% of all German political party posts shared on Facebook  —  A comprehensive analysis has revealed the degree to which German right-wing populists from the Alternative for Germany (AfD) party are dominating the social media landscape.
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 …
Andrew J. Hawkins / The Verge:
Uber adds public transit directions and schedules to its app for users in London, after bringing the feature to users in Denver in January  —  Uber aims to become a one-stop shop for all modes of transportation  —  Uber is adding public transportation schedules and directions to its app in London.
More: Engadget

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