Techmeme
April 29, 2021, 10:05 AM

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 …
Chance Miller / 9to5Mac:
Tim Cook says supply shortages will likely impact the Mac and iPad lineups in Q3 due to “legacy node” chip production that uses older manufacturing methods  —  Apple just reported record earnings for Q2 2021, but the company is also warning of supply shortages affecting the Mac and iPad lineups.
Malcolm Owen / AppleInsider:
Apple Q2: record Mac sales of $9.1B, up from $5.4B last year, iPad sales of $7.8B, up from $4.4B, Wearables, Home, and Accessories sales of $7.8B, up from $6.3B  —  Apple earned $89.6 billion in revenue for the second fiscal quarter of 2021, a huge Wall Street beat attributed in large part …
Alex Weprin / Hollywood Reporter:
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:
Facebook says Q1 ad revenue was $25.4B, up 46% YoY, expects continued growth in Q2, with headwinds in H2 due to regulatory changes and Apple's iOS 14.5 update  —  The average price per ad in Q1 increased by 30 percent year-over-year, driving up Facebook ad revenue growth.
Manish Singh / TechCrunch:
Facebook says it blocked all posts with “#ResignModi” in India due to a mistake and not due to a government order, and the posts have now been restored  —  Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Tom Warren / The Verge:
Microsoft says it will reduce its cut for PC games in Windows store from 30% to 12% from August 1, in a bid to compete with Steam  —  Microsoft puts the pressure on Valve's Steam store  —  Microsoft is shaking up the world of PC gaming today with a big cut to the amount of revenue it takes from games on Windows.
Chaim Gartenberg / The Verge:
Google finally gives users a way to search through Stadia's 172 games, 526 days after the service's launch  —  If only Google knew anyone with experience building search engines  —  Stadia is an online game streaming service from Google, a company that is practically synonymous with search engines …
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 …
Gilad Edelman / Wired:
Q&A: Evelyn Douek, a lecturer and Ph.D. student at Harvard studying online speech regulation, on why a “proportional” approach to online speech is a good thing  —  Major platforms' policies aren't actually inspired by the First Amendment.  This legal scholar says that's a good thing.
Natalia Drozdiak / Bloomberg:
Manna, a drone delivery service for food, groceries, and more, raises $25M Series A led by Draper Esprit to expand into the US and add more services  —  - Manna has hired former Google Wing executive to head up U.S.  — Series A led by Draper Esprit with Team Europe, DST Global
Ingrid Lunden / TechCrunch:
RapidDeploy, which provides computer-aided dispatch tech as a cloud-based service for 911 centers, raises $29M Series B led by Morpheus Ventures  —  The last year of pandemic living has been real-world, and sometimes harrowing, proof of how important it can be to have efficient and well-equipped emergency response services in place.
James Vincent / The Verge:
Researchers demonstrate how AI software based on generative adversarial networks can be used to create deepfake satellite images  —  Geographic deepfakes could be used for misinformation and much more  —  When we think of deepfakes, we tend to imagine AI-generated people.

Sponsor Posts

Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Your website, your brand: A website building guide for tech partners  —  In a competitive market, trust is what makes businesses choose you and stay with you.  As a tech partner, you can take steps to build …
IDrive:
Geometric Grand Unification — Solving the Hubble Tension & Proton Mass  —  Physics solved?  AI verifies model unifying gravity & particles by deriving constants from vacuum geometry.  Identifies void-driven topology.

Featured Podcasts

Grit:
The Truth Behind Automation Claims in Customer Support | Cresta CEO Ping Wu
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Getting paid to vibe code: Inside the new AI-era job | Lazar Jovanovic (Professional Vibe Coder)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Software In Shambles, OpenAI vs. Anthropic Super Brawl, Amazon's Struggles
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Elon Musk's Mega-Merger + We Test Google's Project Genie + What's Next for Moltbook Creator
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
Jeff Bezos Used To Be In Love with The Washington Post. What Happened?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, April 29, 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

Sheila Dang / Reuters:

Earlier Picks

Ben Lovejoy / 9to5Mac:
Josef Adalian / Vulture: