Techmeme
April 28, 2021, 7:55 PM

Top News

Apple:
Apple reports record Q2 revenue of $89.6B, up 54% YoY, net income of $23.6B, up from $11.2B YoY, iPhone sales of $47.9B, up from $29B YoY  —  Revenue up 54 percent to new March quarter record  —  Services and Mac revenue reach new all-time high  —  Apple today announced financial results …
Investor Relations:
Facebook reports Q1 revenue of $26.2B, up from $17.7B YoY, MAUs of 2.85B, up 10% YoY, headcount of 60,654, up 26% YoY, avg. ad price up 30% YoY; stock rises ~5%  —  MENLO PARK, Calif., April 28, 2021 /PRNewswire/ — Facebook, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2021.
Stephanie Condon / ZDNet:
Manish Singh / TechCrunch:
Facebook hid all posts with “#ResignModi” in India; now it says the posts with the hashtag have been restored and it is looking into what happened  —  Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Kurt Schlosser / GeekWire:
Amazon will invest $1B+ to increase wages for more than 500K of its warehouse workers by $.50 to $3 an hour, rolling out from mid-May to early June  —  Amazon announced Wednesday that it plans to invest more than $1 billion in wage increases for its operations workers, promising raises …
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 …
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
Sam Bourgi / Cointelegraph:
MetaMask, an Ethereum wallet service and browser extension for decentralized applications, says it has hit 5M MAUs, after hitting 1M MAUs in October 2020  —  The wallet service and browser extension has seen its active monthly users grow five times since October 2020.  —  18515 Total views
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 Chromium browser from the cloud.
Levi Sumagaysay / MarketWatch:
eBay reports Q1 revenue of $3.0B, up 42% YoY and profits of $641M, as GMV rose 29% to $27.5B, while active buyers increased 7% to 187M worldwide; stock down 5%+  —  EBay Inc.'s first-quarter results beat expectations on growth in its core categories, namely sneakers and luxury watches, the company said Wednesday.
More: Bloomberg and ZDNet
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.
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.
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.
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 …
Paul Sawers / VentureBeat:
OpenSpace, which helps construction companies track projects with AI-powered analytics and photo documentation, raises $55M Series C after raising ~$16M in 2020  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  OpenSpace, a platform …
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 …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Fri. 04/19 - All The News About Llama 3
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:55 PM ET, April 28, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Mary Ann Azevedo / TechCrunch:
Ron Miller / TechCrunch:
Sam Byford / The Verge:

Earlier Picks

Nikkei Asia:
Megan Graham / CNBC:
Taylor Hatmaker / TechCrunch: