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October 28, 2020, 8:00 AM
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| Microsoft: |
Microsoft Q1: revenue of $37.2B, up 12% YoY, net income of $13.9B, up 30% YoY, revenue for Intelligent Cloud was $13.0B, up 20% YoY — REDMOND, Wash. — October 27, 2020 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2020, as compared to the corresponding period of last fiscal year:
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VentureBeat, Wall Street Journal, Reuters, Engadget, Associated Press, SarHaribhakti's Newsletter, WRAL TechWire, Silicon Republic, Yahoo Finance, USA Today, Barron's Online, CityAM, Thurrott, Financial Times, Neowin, MSPoweruser, OnMSFT.com, Forbes, Bloomberg, MSPoweruser, Business Insider, and CNBC
Tweets: @microsoft, @zhugeex, @epro, and @tomwarren
| Emil Protalinski / VentureBeat: |
Microsoft Teams passed 115M DAUs in Q1, up 53% from April, as Microsoft works to capitalize on remote work trends — Microsoft Teams is continuing to ride the remote work and learning wave kicked off by the coronavirus pandemic. During Microsoft's Q1 2021 earnings call …
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The Verge, Computerworld, OnMSFT.com, ZDNet, Windows Central, and MSPoweruser. Tweets: @tomwarren
| Tom Warren / The Verge: |
Cloud growth drives Microsoft Q1 with server products and cloud services revenue up 22% YoY, Azure up 48% YoY, and Office 365 Commercial revenue up 21% YoY — Microsoft continues to boost its revenue and profits during an economic downturn — Microsoft posted the first quarter …
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TechCrunch, Laptop Mag, GameSpot, coinspeaker.com, CNBC, PYMNTS.com, CNN, Wccftech, and Gamasutra. Tweets: @ruskin147
| Mike Masnick / Techdirt: |
In Mark Zuckerberg's prepared testimony for Wednesday's Senate hearing, he advocates for Congress to update Section 230 to “make sure it's working as intended” — This shouldn't be much of a surprise, unfortunately, but it appears that once again Facebook is the first to crack …
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New York Times, USA Today, Wall Street Journal, Business Insider, TechCrunch, Financial Times, Internet Society, CNET, Washington Times, Forbes, ZDNet, Al Jazeera, Politico, The Guardian, Reuters, Protocol, and BNN
Tweets: @mala, @daphnehk, @dangillmor, @fboversight, @cathygellis, @mikeisaac, @georgetakei, @noahpinion, @normative, @zck, @zidanism, @tszzl, @prestonjbyrne, @shortformernie, @kari_paul, @jason_kint, @senatorshoshana, @chimeracoder, @andrewrcraig, @jess_miers, @alexstamos, @athulkacharya, @notjessewalker, @mindspillage, @evan_greer, and @jamesrbuk
| Juli Clover / MacRumors: |
Report: tensions over profit margins are souring Apple and Foxconn's partnership, leading Foxconn to employ questionable manufacturing and reporting tactics — The relationship between longtime partners Apple and Foxconn is eroding due to a battle over profit margins, according to a new report from The Information.
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The Information. More:
Reuters, iMore, Ubergizmo, Cult of Mac, Wccftech, iPhone Hacks, and 9to5Mac
Tweets: @waynema, @tculpan, @amir, and @jchengwsj
| Wall Street Journal: |
Sources: the DOJ is scrutinizing Visa's purchase of Plaid, which helps fintech apps connect to users' bank accounts, because it could limit nascent competition — The DOJ, making preparations for potential litigation, could soon decide whether it will sue to block Visa's purchase of the fintech firm
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Reuters, coinspeaker.com, SiliconANGLE, Bloomberg, and PYMNTS.com
Tweets: @carnage4life, @kr00ney, and @carnage4life
| Hugh Son / CNBC: |
JPMorgan says its digital token JPM Coin is now live for commercial use, as the bank launches new business unit Onyx for its blockchain and crypto efforts — - JPMorgan Chase said its digital currency, JPM Coin, is being used commercially for the first time this week by a large technology client to send payments around the world.
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CoinDesk, Crypto Briefing, coinspeaker.com, Business Wire, CryptoSlate, PYMNTS.com, PYMNTS.com, Modern Consensus, CoinDesk, Decrypt, Cryptonews, Finextra, CoinGeek, The Block, Cointelegraph, Crowdfund Insider, PYMNTS.com, CryptoGlobe, and Ethereum World News
Tweets: @cmoyall, @salihsarikaya, @hugh_son, @justinbennettfx, @brianroemmele, and @cryptorca
| Tom Simonite / Wired: |
A study of ~57,000 kidney disease patients in the Boston area finds that an algorithm used to decide priority for transplants was biased against Black patients — A formula for assessing the gravity of kidney disease is one of many that is adjusted for race. The practice can exacerbate health disparities.
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SpringerLink, Beyond Search, New York Post, and Input
Tweets: @wired, @wired, @healthedena, @smwat, and @harvardmed
| Patrick Moorhead / Forbes: |
AMD says it will buy rival chipmaker Xilinx for $35B in an all-stock deal — I talked to AMD CEO Lisa Su last night and got the download on what could be a historic, $35B semiconductor deal to acquire Xilinx. AMD had a monster Q3 and guide and has been on a growth tear for years …
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AMD, Wall Street Journal, Nikkei Asia, Silicon Valley Business …, Reuters, Financial Times, AnandTech, Neowin, TechCrunch, The Information, insideHPC, TheStreet, CNBC, AppleInsider, Telecoms.com, Windows Central, coinspeaker.com, Liliputing, ZDNet, Engadget, EnterpriseAI, RCR Wireless News, MSPoweruser, Wccftech, New York Post, TweakTown News, and Fortune
Tweets: @naveengrao, @patrickmoorhead, @business, @tculpan, @hardwarecanucks, and @nytimestech. Thanks:@patrickmoorhead
| Mark Gurman / Bloomberg: |
Sources: Apple acquired Barcelona-based Vilynx, a startup specializing in AI and computer vision tech, earlier this year for about $50M — - Barcelona-based Vilynx's technology makes video search easier — Apple has purchased several AI startups to buttress Siri, apps
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Business Insider, 9to5Mac, PYMNTS.com, Cult of Mac, Philip Elmer‑DeWitt, Patently Apple, Engadget, MacDailyNews, iMore, MacRumors, AppleInsider, and The Mac Observer
Tweets: @markgurman and @maqrollmates
| Brian Heater / TechCrunch: |
Reddit says that moving forward it will let employees work from home, with some exceptions, and that it won't lower pay for US staff if they move within the US — Spurred on by the seemingly endless COVID-19 pandemic — and no doubt inspired by similar moves from companies like Twitter …
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Upvoted, SFGATE, CNBC, Business Insider, Adweek, and Fortune
Tweets: @carnage4life, @adamsinger, @tanayj, @thekenyeung, and @ahhensel
| Ashley Carman / The Verge: |
Audible adds 100K free podcasts to its catalog, available through the app for all listeners with or without a subscription — It's adding 100,000 podcasts to its catalog — Audible is turning into more of a podcast app. The company announced today that its catalog now contains 100,000 free podcasts … | Ingrid Lunden / TechCrunch: |
Amazon opens a dedicated website for Sweden at amazon.se — Amazon is the biggest online retailer in Europe, and today it took the next step in making that effort more localized. The company has launched a dedicated portal for Sweden at Amazon.se — giving Swedish shoppers, third-party merchants … | Wall Street Journal: |
Twitter and Square employees say Jack Dorsey takes hands-off management to extremes, delegating or delaying most major decisions, partly to pursue his passions — The CEO's management style, delegating most major decisions while pursuing his personal passions, faces one of its biggest tests
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Politico. Tweets: @pkafka, @nicoleperlroth, @pkafka, @jyarow, @iamjohnburnett, @dseetharaman, @kirstengrind, @gregbensinger, @jonyiveparody, @nancyscola, @db, @jonyiveparody, @dgisserious, @wsj, @tomgara, and @bullyesq
| Chris Davies / SlashGear: |
Waymo and Daimler Trucks are partnering to build and sell self-driving freight trucks in the US over “the coming years” — Waymo and Daimler Trucks are teaming up on autonomous haulage, aiming to build and sell a production self-driving truck in the US.
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VentureBeat, Waypoint, PR Newswire, The Robot Report, Reuters, The Verge, Electrek, FreightWaves, TechCrunch, Financial Times, and Mashable
| Sarah Perez / TechCrunch: |
TikTok partners with Shopify, letting merchants create TikTok ad campaigns for In-Feed video ads from the Shopify dashboard — TikTok is further investing in social commerce with today's announcement of a new global partnership with e-commerce platform Shopify.
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PingWest, Tech in Asia, Shopify, Financial Times, Input, Reuters, AdExchanger, Social Media Today, ZDNet, PYMNTS.com, BetaKit, Tubefilter, Business Insider, Deadline, Adweek, and Protocol
Tweets: @taylorlorenz, @carlzha, @katherineykwu, @skanwar, @shopify, @kvlly, and @mdudas
| Chaim Gartenberg / The Verge: |
Ubisoft rebrands its $15/month UPLAY+ game streaming service as Ubisoft+ and will expand the service's availability to Stadia and Luna by end of year — Ubisoft's subscription service goes multiplatform and bets big on game streaming — Ubisoft is overhauling its UPlay Plus subscription service …
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Ubisoft, Game Rant, Android Police, Wccftech, CNET, GameSpot, TechCrunch, Engadget, Neowin, Windows Central, and Gamasutra. Tweets: @cgartenberg
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