Techmeme
April 28, 2021, 12:40 PM

Top News

Monica Chin / The Verge:
Samsung announces two lightweight laptops with OLED screens: the Galaxy Book Pro, starting at $1K, and the Galaxy Book Pro 360, a convertible starting at $1.2K  —  Premium screens and premium features  —  Samsung has announced two new Galaxy Book devices: the Galaxy Book Pro …
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  —  Audiostreaming platform warns of uncertain growth as newer markets endure a surge in coronavirus cases
Sarah Perez / TechCrunch:
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:
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 …
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 …
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.
Abner Li / 9to5Google:
Mighty debuts a premium Chromium-based macOS browser, now invite-only, that “entirely streams” from cloud, can load “hundreds” of tabs without stalling a Mac  —  With the underlying concept popularized by Stadia and other game services, Mighty wants to stream an entire browser from the cloud.
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.
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 …
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.
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 …
Microsoft - Investor Relations:
Shen Lu / Protocol:
Profile of Chinese AI-driven aggregator News Break, which says it has 45M MAUs and is finding success in the US through a sharp focus on local news  —  It's the most downloaded news app in the world — and the content it carries is entirely local.  In the U.S., it drives more traffic than all but three apps.
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 …
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.
Russell Brandom / The Verge:
Juli Clover / MacRumors:

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