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April 28, 2021, 10:25 AM
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WeSmirchTop News
| Anne Steele / Wall Street Journal: |
Spotify reports Q1 profit of €23M, up from €1M a year earlier, revenue of €2.15B, up 16% YoY, 356M MAUs, up 24% YoY, and 158M paid subscribers, up 21% YoY — Audio-streaming platform warns of uncertain growth as newer markets endure a surge in coronavirus cases
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CNET, Bloomberg, 9to5Mac, Spotify, Bloomberg, RTÉ, Engadget, The Verge, Reuters, Fast Company, Financial Times, Deadline, and cityam.com
| Sarah Perez / TechCrunch: |
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Spotify, Media Matters for America, Stratechery, Word of Mouth, PCMag, TechRadar, Pocket-lint, MUO, and Six Colors
| Jennifer Elias / CNBC: |
YouTube is on pace to book between $29B and $30B in revenue in 2021, equaling Netflix's expected revenue of $29.7B for the year — - YouTube is on pace to bring in annual revenue comparable to Netflix's. — The Google-owned video platform is seeing a rise in more traditional television advertisers.| Alphabet: |
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CNBC, Wall Street Journal, CNN, Financial Times, Tubefilter, Search Engine Roundtable, WRAL TechWire, coinspeaker.com, PYMNTS.com, CRN, The Register, AdExchanger, The Guardian, Android Central, Thurrott, The Hill, and Variety
| Megan Graham / CNBC: |
Microsoft says revenue from LinkedIn's ads business, called LinkedIn Marketing Solutions, grew 60% YoY to more than $3B in the year ended March 31 — - Microsoft said Tuesday that LinkedIn Marketing Solutions has brought in more than $3 billion in revenue in the past 12 months.| Microsoft - Investor Relations: |
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ZDNet, The Register, Light Reading, Cloud Computing News, Wccftech, coinspeaker.com, Reuters, WRAL TechWire, TechRadar, MUO, VG247, cloudpro.co.uk, Neowin, CNBC, PYMNTS.com, GameSpot, GamingBolt, GeekWire, OnMSFT.com, Engadget, TechCrunch, and Investor's Business Daily
Tweets: @zhugeex, @fxshaw, @jordannovet, @tomwarren, @stockmktnewz, @juliaarciga, @juliaarciga, @fxshaw, @patrickmoorhead, @zhugeex, and @tomwarren
| Chaim Gartenberg / The Verge: |
The Consumer Technology Association says CES will return to Las Vegas as an in-person event in 2022, and will be held from January 5 to 8 — The world's biggest tech conference is back — The Consumer Electronics Show (CES) is officially returning to an in-person format in Las Vegas in 2022 …
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CNET, CES, Tom's Hardware, 9to5Mac, AppleInsider, TechCrunch, and Phandroid
| Nikkei Asia: |
Sources: Apple is trimming planned production of AirPods by 25% to 30%, now expecting to make 75M-85M in 2021, compared with previous forecast of 110M — Wireless earphones face heated competition from Samsung, Xiaomi and others — TAIPEI — Apple is trimming its planned production …
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9to5Mac, Apple Must, AppleInsider, Neowin, Financial Times, Ubergizmo, iPhone in Canada Blog, MacRumors, and iMore
| Larry Dignan / ZDNet: |
Shopify Q1: revenue of $988.6M, up 110% YoY, with gross merchandise volume up 114%, and net income of $1.26B due to $1.3B unrealized gain from its Affirm stake — Shopify said it expects growth rates to normalize as economies reopen, but it hasn't happened yet. Shopify's platform continues to surge.| Nilay Patel / The Verge: |
Interview with Senator Amy Klobuchar on her new book about antitrust, why she doesn't think reining in the App Store will harm the Apple ecosystem, and more — My guest today is Senator Amy Klobuchar, the Democrat from Minnesota who has taken up the role of antitrust enforcer in the Senate under the Biden administration.
Tweets: @reckless, @primacysg, @reckless, @gerryconway, @jonyiveparody, @doctorow, @doctorow, @doctorow, @doctorow, @amyklobuchar, and @leftcoastbabe
| Joanna Ossinger / Bloomberg: |
JPMorgan partners with Singapore's Temasek and DBS Group Holdings to create a blockchain-based platform for payments, trade, and foreign exchange settlement — JPMorgan Chase & Co. is teaming up with Singapore's Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform …
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J.P. Morgan, The Block, TechCrunch, CoinDesk, InsideBitcoins.com, Cointelegraph, DealStreetAsia, and Tech in Asia
| Manish Singh / TechCrunch: |
Zomato files for $1.1B IPO in India and reports $91.8M in losses on revenue of $183.6M between April 1 and December 31, 2020 — Indian food delivery startup Zomato on Wednesday filed for an initial public offering, becoming the first tech unicorn startup from the world's second largest internet market to do so.| Ron Miller / TechCrunch: |
Twilio rival MessageBird raises $800M as an extension to its $200M Series C from last October and acquires email marketing service SparkPost for $600M — MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements.| Sam Byford / The Verge: |
Sony reports Q4 PlayStation operating profit of $3.14B, on sales of 7.8M PlayStation 5 consoles as of March 31, and 47.6M PS Plus subscribers, up 14.7% YoY — 3.3 million moved from January to March — Sony has sold 7.8 million PlayStation 5 consoles as of March 31st, the company says in its latest earnings report.
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GamesIndustry.biz, Tom's Hardware, VentureBeat, VentureBeat, Gizchina, Reuters, TechRadar, Tom's Guide, MUO, and VG247
| Casey Newton / Platformer: |
Interviews with Basecamp staff on how a “funny” customer names list sparked an internal reckoning and spurred Basecamp's societal and political discussion ban — How a list of “funny” customer names triggered an internal reckoning — I. — The controversy that embroiled …
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jane yang, David Heinemeier Hansson, New York Times, Where's Your Ed At, Fast Company, AVC, and The Register
Tweets: @caseynewton, @brian_armstrong, @caseynewton, @viticci, @editingemily, @jonasdowney, @nathanblawrence, @film_girl, @jaredmckiernan, @lizthegrey, @seyitaylor, @balajis, @triketora, @cydharrell, @brosandprose, @amix3k, @espiers, @wbm312, @cherthedev, @sara_ann_marie, @can, @rhymes_, @karlitaliliana, @saradietschy, @profcarroll, @scobleizer, @seyitaylor, @cleverdevil, @prestonso, @karlitaliliana, @kimcrayton1, @darkandnerdy, @dvassallo, @chanpory, @ismh, @karaswisher, @viticci, @mmasnick, and @conormuirhead
| Andy Greenberg / Wired: |
IRS arrests a Russian-Swedish citizen in LA for laundering 1.2M+ bitcoins over 10 years when he allegedly ran Bitcoin Fog, which remains online after his arrest — The alleged administrator of Bitcoin Fog kept the dark web service running for 10 years before the IRS caught up with him.| Russell Brandom / The Verge: |
In 2013 emails, Eddy Cue pitched iMessage for Android, but Craig Federighi said it would simply “remove an obstacle to iPhone families” buying Android phones — ‘Do we want to lose one of the most important apps in a mobile environment to Google?’
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9to5Mac, iMore, AppleInsider, Android Authority, Android Police, Input, Tom's Guide, MUO, iPhone Hacks, BGR, iDownloadBlog.com, TechRadar, iPhone in Canada Blog, TNW, Wccftech, SlashGear, Slashdot, Ubergizmo, Gizmodo, Droid Life, The 8-Bit, 9to5Google, and MacRumors
Tweets: @stevesi, @futurepaul, @dcseifert, @whatthebit, @joannastern, @loudmouthjulia, @dcseifert, @srmccoy, @reckless, @timsweeneyepic, and @reckless
| Juli Clover / MacRumors: |
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MacRumors, iThinkDifferent, AppleInsider, iMore, iPhone Hacks, SlashGear, WRAL TechWire, 9to5Mac, iDownloadBlog.com, and Scribd
Tweets: @bzamayo, @jamesthomson, @jamesthomson, @patrickmcgee_, @chrismlacy, @carnage4life, @cabel, @stevemoser, and @robpegoraro
| Ingrid Lunden / TechCrunch: |
Toulouse, France-based EasyMile, which says its autonomous shuttles have driven ~800K kilometers across 300+ locations in 30 countries, raises $66M Series B — We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles …
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Sifted
| Ryan Browne / CNBC: |
Huawei reports revenue of $23.5B in Q1, down 16.5% YoY, the second consecutive quarter in which Huawei's revenues declined — - Huawei said its revenues fell 16.5% year-on-year to 152.2 billion Chinese yuan ($23.5 billion) in the three months ending March 31.
More:
Wall Street Journal, Telecoms.com, Associated Press, Tech Xplore, Bloomberg, and South China Morning Post
Tweets: @eddyelfenbein and @byron_wan
| Josef Adalian / Vulture: |
Netflix launches Play Something, an opt-in viewing mode that gives the service a more TV-like feel to fight viewers' decision fatigue — Ten years ago, Netflix got the idea that its app should work more like regular TV. This was early on in its transition from DVD delivery to streaming on demand …
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The Verge, Protocol, and The Economic Times
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