Techmeme
October 27, 2021, 10:20 AM

Top News

Tom Warren / The Verge:
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles  —  Microsoft's overall cloud revenue has jumped by 31 percent  —  Microsoft posted the first quarter of its 2022 financial results today …
Steve Clarke / Microsoft:
Microsoft reports Q1 revenue of $45.3B, up 22% YoY, net income of $20.5B, up 48% YoY, Azure revenue up 50% YoY, and LinkedIn revenue up 42% YoY  —  REDMOND, Wash. — October 26, 2021 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2021 …
Alphabet:
Alphabet reports Q3 revenue of $65.1B, up 41% YoY, net income of $18.9B, up from $11.2B YoY, Google Cloud revenue of $5B, up from $3.4B YoY  —  MOUNTAIN VIEW, Calif. - October 26, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2021.
Jennifer Elias / CNBC:
Kyle Orland / Ars Technica:
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development  —  Feb. show nixxed in favor of “supporting our teams and progressing development...”  —  Following an online-only BlizzCon earlier this year …
Casey Newton / Platformer:
Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted  —  A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks
Casey Newton / Platformer:
Jon Brodkin / Ars Technica:
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence  —  China Telecom Americas ordered to stop providing service in US within 60 days.  —  The Federal Communications Commission today voted …
Christine Hall / TechCrunch:
Fellow, which offers meeting management tools, raises a $24M Series A led by Craft Ventures, bringing total funding to $30.5M  —  As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office.  Fellow aims to help managers …
More: BetaKit
Sarah Perez / TechCrunch:
In Senate hearing, TikTok dodges questions about its plans for biometric data collected from US users, after changing its terms of use to allow the practice  —  In its first-ever Congressional hearing, TikTok successfully dodged questions about what it plans to do with the biometric data …
Steve Dent / Engadget:
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more  —  Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web.  The idea is not to do let you do complex work from a web page …
Wall Street Journal:
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement, which resulted in a $5B fine  —  Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized
Makena Kelly / The Verge:
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon  —  And progressive Gigi Sohn as a third Democratic commissioner  —  President Joe Biden named acting Federal Communications …
Maggie Fitzgerald / CNBC:
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 10%+  —  Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.
Todd Spangler / Variety:
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M  —  Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations …

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:
Unified business analytics - An essential step to business success  —  With today's exponential data growth, unified business analytics is a commonly pursued business objective.  This allows businesses to bring …
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:
Wed. 04/17 - Copilots Or The Biggest Model Wins? The Competing AI Visions.
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 10:20 AM ET, October 27, 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

Earlier Picks

Tiernan Ray / ZDNet: