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April 30, 2019, 1:00 PM
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Paul Sawers / VentureBeat:
Facebook unveils plans for Messenger app for Windows and macOS, a new social video-watching feature, a lightweight and full-featured version of Messenger, more  —  Ahead of its annual F8 developer conference in San Jose, Facebook has offered a glimpse into some of the things it's cooking …
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 …
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 …
Alphabet:
Alphabet Q1: revenue of $36.3B, up 17% YoY, net income of $6.66B with EU fine, CPC down 19%, and paid clicks on Google properties up 39% YoY; stock is down 8%+  —  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
Ingrid Lunden / TechCrunch:
Alphabet's “Other Bets”, which includes Waymo, Verily, Fiber, and others, had a Q1 operating loss of $868M on revenues of just $170M, up from $150M YoY
Bloomberg:
Vodafone says it found backdoors in Huawei equipment in 2011 and 2012 after Huawei failed to disable devices' Telnet protocol, but the issues were resolved
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.
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
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 …
Ingrid Lunden / TechCrunch:
UiPath, a process automation platform targeting IT businesses, raises $568M Series D led by Coatue, at a $7B valuation  —  Companies are on the hunt for ways to reduce the time and money it costs their employees to perform repetitive tasks, so today a startup that has built a business …
Sarah Perez / TechCrunch:
Creative Commons launches its search engine out of beta, with over 300M images indexed  —  Nonprofit organization Creative Commons is today publicly launching its search engine, after over two years of beta testing.  The new service is designed to offer an easy way to search the commons' archive …
Tweets: @mattmcgee
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 …
Nikhilesh De / CoinDesk:
General counsel to both Bitfinex and Tether says in an affidavit that the USDT stablecoin is only 74% backed by cash and equivalents as of April 30  —  The USDT stablecoin is only about 74 percent backed by fiat equivalents as of April 30, says its issuer's general counsel.
Kyle Wiggers / VentureBeat:
Masabi, a UK-based developer of mobile ticketing and public transport payments software, raises a $20M Series B led by Smedvig Capital  —  Masabi, a U.K.-based developer of mobile ticketing and public transport payments software, today announced that it's secured $20 million in a series B round led …
More: FinSMEs
Joseph Cox / Motherboard:
Germany-based Citycomp, an internet infrastructure provider for companies like Oracle, confirms it's been hacked and customers' financial data has leaked online  —  The data was stolen from Citycomp, which provides internet infrastructure for dozens of companies including Oracle, Airbus, Toshiba, and Volkswagen.
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

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From Mediagazer

New York Times:
WaPo begins widespread layoffs, cutting into international coverage and more; sources: it is laying off 30% of its employees, including 300+ of 800 journalists

Todd Spangler / Variety:
Ex-WaPo Executive Editor Marty Baron says “this ranks among the darkest days in the history of” the paper; WaPo laid off Amazon beat reporter Caroline O'Donovan

Allie Canal / NBC News:
Trump says he will stay out of the Netflix-Paramount battle over WBD, a reversal from his December statement that he would be involved in the approval process

More News

Earlier Picks

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
BBC:
Consent forms to access the phones of victims of crime, including those alleging rape, have been rolled out across England and Wales
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
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
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