| Microsoft: |
| Emil Protalinski / VentureBeat: |
Microsoft says Teams has 75M+ DAUs, up from 44M in mid-March, a 70% increase, and attributes the growth to COVID-19 — The coronavirus pandemic is juicing up numbers for remote work and learning. Microsoft's fiscal Q3 2020 earnings call kicked off with CEO Satya Nadella sharing a slew of numbers.| Tom Warren / The Verge: |
Microsoft says Xbox Live has ~90M MAUs, up ~50% YoY, and discloses Xbox Game Pass subscriber count for the first time, saying the service has 10M+ subscribers — Surface and Xbox are both flat during the recent quarter — Microsoft posted the third quarter of its 2020 financial results today … | Jordan Novet / CNBC: |
| Facebook: |
| Lucas Matney / TechCrunch: |
Zuckerberg: 3B+ MAUs across Facebook, Instagram, Messenger, and WhatsApp, with FB and IG Live video views up 2x and group video call time up 10x in recent weeks — The quarantine lockdown is driving a record number of users to Facebook's products. On a conference call … | Salvador Rodriguez / CNBC: |
| Washington Post: |
Survey of US adults finds skepticism about Apple and Google's COVID-19 contact tracing efforts, with smartphone owners split 50-50 on whether they would use it — Nearly 3 in 5 Americans say they are either unable or unwilling to use the infection-alert apps under development by Google and Apple … | Darrell Etherington / TechCrunch: |
| New York Times: |
| Tom Warren / The Verge: |
Zoom admits it doesn't have 300M DAUs, quietly correcting a misleading claim in its original blog post, which now says 300M “daily Zoom meeting participants” — Zoom quietly updated a blog post earlier this month — Zoom has admitted it doesn't have 300 million daily active users.| Ingrid Lunden / TechCrunch: |
Twitter reports Q1 sales up 3% YoY to $808M as it swings to a net loss of $8M due to COVID-19, mDAUs hit record 166M, up 24% YoY — Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside … | Manish Singh / TechCrunch: |
Sensor Tower: TikTok and its Chinese version, Douyin, pass 2B downloads on Google Play and Apple's App Store; last quarter's 315M downloads beat its 205M record — TikTok, the widely popular video sharing app developed by one of the world's most valued startup (ByteDance) … | Jessica Bursztynsky / CNBC: |
Filing: Lyft is laying off 17% of its workforce, or 982 staff, and will furlough 288 employees alongside salary cuts ranging from 10% to 30% for all staff — Lyft is laying off 982 employees and furloughing an additional 288, the company announced in a regulatory filing on Wednesday.| Catalin Cimpanu / ZDNet: |
Google introduces new rules for the Chrome Web Store to cut down on spammy extensions, says developers must comply by August 27 or extensions will be delisted — Google plans to remove a bunch of garbage and useless Chrome extensions from the Web Store. — Google announced today new rules … | Taylor Lyles / The Verge: |
Facebook rolls out a tool that lets users in the US and Canada transfer their photos and videos to Google Photos as part of the Data Transfer Project — Facebook launched the tool in Ireland last year — Facebook is rolling out a new tool today allowing users in the US and Canada to transfer … | Sam Nussey / Reuters: |
SoftBank says it sees a loss of ~$6.6B in the year ending March on its WeWork investment held outside the Vision Fund, extending its expected net loss to $8.4B — TOKYO (Reuters) - SoftBank Group Corp (9984.T) said it sees a loss of around 700 billion yen ($6.6 billion) … | Sarah Perez / TechCrunch: |
Twitter updates its API platform to make it easier for developers and researchers to study the public conversation around COVID-19 — Twitter is making it possible for developers and researchers to study the public conversation around COVID-19 in real time with an update to its API platform.| Zach Edwards: |
Researcher: major sites like Wish and Mailchimp were leaking email addresses to ads and analytics companies including Facebook and Twitter via URL query strings — Breaches have been found on websites including Wish.com, JetBlue.com, Quibi.com, WashingtonPost.com, NGPVan.com and numerous other organizations...| Paayal Zaveri / Business Insider: |
Salesforce is moving all of its events in 2020 online, including Dreamforce, which drew over 170K attendees in 2019, contributing $150M+ to the SF economy — - Salesforce is cancelling all its events for the rest of 2020 and making them virtual, including its annual Dreamforce conference.| Shirin Ghaffary / Vox: |
Sources: Amazon has begun cracking down on communication across its widely-read email listservs after employees used them to protest and organize — Amazon and other tech employees protesting during the global climate strike in September 2019. Karen Ducey/Getty Images| Dan Primack / Axios: |
Andreessen Horowitz raises $515M for its second fund dedicated to cryptocurrency and blockchain technologies — Venture capital firm Andreessen Horowitz has raised $515 million for its second fund dedicated to cryptocurrency and blockchain technologies. — Strategy: Like its $300 million predecessor … | Ingrid Lunden / TechCrunch: |
Spotify beats with Q1 revenue of €1.8B and net income of €1M; MAUs rose 31% YoY to 286M, premium users rose 31% to 130M, and ad-supported MAUs rose 32% to 163M — The coronavirus may be decimating some corners of the economy, but the impact on the digital music …
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| Kif Leswing / CNBC: |
| Andrew Tarantola / Engadget: |
| Matthew Moore / The Times: |
| Reuters: |