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October 27, 2021, 7:45 AM
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| 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 …
More:
Windows Central, Thurrott, TweakTown, GameSpot, Twinfinite, IGN, Video Games Chronicle, and Reuters
Tweets: @colteastwood, @tomwarren, and @tomwarren
| 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 …
More:
Bloomberg, Financial Times, MSPoweruser, TrueAchievements, GeekWire, Windows Central, Windows Central, Shacknews, and Barron's Online
Tweets: @thestalwart, @patrickmoorhead, and @thedividendguy
| 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.
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PYMNTS.com, New York Times, Thurrott, cloudpro.co.uk, Wall Street Journal, San Francisco Business Journal, The Economic Times, Associated Press, SDxCentral, Android Police, The Guardian, Barron's Online, Investor's Business Daily, Shacknews, MarketWatch, CNET, and The Verge
Tweets: @mjasay and @patrickmoorhead
| Jennifer Elias / CNBC: |
Alphabet reports traffic acquisition costs of $11.50B, vs. $11.16B expected, and YouTube had a record $7.2B in Q3 ad revenue, up from $5B in Q3 2020 — - Alphabet topped analysts expectations on the top and bottom lines. — The company's shares were little changed on the results.
More:
SiliconANGLE, Variety, Australian Financial Review, The Wrap, Hollywood Reporter, TechCrunch, and Axios. Tweets: @mhbergen
| Abner Li / 9to5Google: |
Alphabet's “Other Bets” had a Q3 operating loss of $1.29B, up from $1.1B YoY, on revenue of $182M primarily generated by Verily and Fiber, up from $178M YoY — Alphabet today announced Q3 2021 earnings with $65.11 billion in revenue. These numbers range from July to September …
Tweets: @stevesi
| 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 …
Source:
Blizzard News. More:
techadvisor.com, TechRadar, Ubergizmo, GamingBolt, TechSpot, Destructoid, SlashGear, dexerto.com, IGN, Wccftech, PC Gamer, Engadget, Windows Central, Game Developer, Video Games Chronicle, GameSpot, and The Verge
Tweets: @ethangach, @stylosa, and @forcestrategy
| 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 …
Source:
Federal Communications …. More:
The Guardian, Wall Street Journal, Insider, Politico, Reuters, TechSpot, iTnews, Axios, ZDNet, PingWest, The Record, South China Morning Post, and Engadget. Tweets: @jacobhelberg
| 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
Tweets: @caseynewton, @martinsfp, @caseynewton, @bennyfactor, @mattdrange, @jasonhirschhorn, @taylorhughes, @jeffhorwitz, and @brianfishman
| Casey Newton / Platformer: |
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Gizmodo, Protocol, Galaxy Brain, and CNN
Tweets: @jbakcoleman, @alexstamos, @swodinsky, @jeffhorwitz, @daphnehk, @jbakcoleman, @jbakcoleman, @geordiestory, @antoniogm, @kantrowitz, @jbakcoleman, @alexstamos, @antoniogm, @antoniogm, @zeynep, @hcetamd, @antoniogm, @pinboard, @ggreenwald, @tolles, @jbakcoleman, @gretchenspeters, @rmac18, @dellcam, @cwarzel, @wiczipedia, @jamesliamcook, @jamesliamcook, @kentbye, @_arianna, @martinsfp, @jose_moreno, and @caseynewton
| 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 …
Source:
The White House. More:
New York Times, Ars Technica, Free Press, Politico, SiliconANGLE, Techdirt, Fortune, FierceTelecom, Protocol, Variety, CNET, TechCrunch, Engadget, Wall Street Journal, and TechSpot
Tweets: @senmarkey, @repmaloney, @repcindyaxne, @wgawest, @senatorshaheen, @niemanlab, @ronwyden, @bergmayer, @backlon, @reckless, @bowl_of_worcel, @nytimes, @evan_greer, @kellymakena, and @jake_k
| 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 … | 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.
Source:
Robinhood. More:
Bloomberg, CoinDesk, Forkast, Yahoo Finance, Investor's Business Daily, Decrypt, Cointelegraph, SiliconANGLE, MarketWatch, Yahoo Finance, Barron's Online, The Information, Financial Times, and Reuters
Tweets: @thestalwart, @thestalwart, @carnage4life, @eringriffith, and @jeffjohnroberts
| 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 …
Source:
Adobe Blog. More:
web.dev, The Verge, Adobe Blog, Adobe Blog, Daring Fireball, Android Central, Mashable, Pocket-lint, Digital Photography Review, OnMSFT.com, and CNET
Tweets: @betchaboy, @davatron5000, @firt, @timsoret, and @chromiumdev
| Kyle Wiggers / VentureBeat: |
AWS launches new EC2 instances powered by AI accelerators from Intel's Habana, claims 40% better price-performance to train ML models over latest GPU instances — Amazon Web Services (AWS), Amazon's cloud services division, today announced the general availability of Elastic Compute Cloud (EC2) DL1 instances.| 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 …
Source:
Spotify. More:
Wall Street Journal, The Economic Times, and The Verge
Tweets: @lucas_shaw and @sarafischer
| Dan Strumpf / Wall Street Journal: |
Senate GOP report: Seagate violated US export rules by continuing to sell hard drives to Huawei after export restrictions were tightened in September 2020 — The data-storage product provider sold Chinese company hard-disk drives, according to report; Seagate says it complies with regulations
More:
The Verge
| Manish Singh / TechCrunch: |
Bangalore-based neobank Zolve, which aims to help immigrants in the US access financial services, raises a $40M Series A at a $210M valuation — Zolve, a neobanking startup that aims to help immigrants in the U.S. gain access to financial services, said on Wednesday it has raised $40 million …
More:
Tech in Asia, DealStreetAsia, and The Economic Times
| Aisha Counts / Protocol: |
A look at SoftBank's $100M Opportunity Fund for diverse founders, which launched after George Floyd's murder and has invested ~$50M in 60 companies so far — In the days after the murder of George Floyd last May, executives at SoftBank were scrambling, along with leaders across the tech industry … | Ingrid Lunden / TechCrunch: |
Gluware, which offers orchestration and automation tools to prevent network outages, raises $43M led by Bain Capital, source says at a $700M valuation — Facebook's network meltdown earlier this month — an outage that initially stemmed from a configuration error — was a huge pain for many users (and a big cost to Facebook).
More:
SiliconANGLE, VentureBeat, and PR Newswire
| Christine Hall / TechCrunch: |
Medable, a developer of clinical trial management software, raises a $304M Series D led by Blackstone Growth and Tiger Global at a $2.1B valuation — Medable, a patient-focused clinical research company offering a cloud option for adoption of digital and decentralized clinical trials … | Bloomberg: |
Informatica, which offers enterprise cloud data management tools, raises $841M in its IPO after pricing shares at the low end, valuing the company at $7.9B — Data-management software provider Informatica Inc. priced its initial public offering at the bottom of a marketed range, according to a person familiar with the matter.
More:
Wall Street Journal
| The Economic Times: |
Snap says it has 100M MAUs in India and partners with Flipkart, Zomato, and others to boost e-commerce offerings — Bengaluru: Snap Inc., which houses Snapchat, has hit 100 million monthly users in India for the first time, the US-based company announced on Wednesday adding …
More:
TechCrunch, NDTV Gadgets 360, and BGR India
| Dan Primack / Axios: |
Sequoia Capital is forming the Sequoia Fund, which will hold all its US and European investments, including stakes in public companies — Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments …
Source:
Sequoia Capital Publication. More:
Stratechery, TechCrunch, CNBC, The Economic Times, PitchBook, PYMNTS.com, Morning Brew, DealStreetAsia, and Financial Times
Tweets: @sequoia, @roelofbotha, @sajithpai, @ganeumann, @pt, @mdudas, @ganeumann, @benedictevans, @honam, @kayvz, @timmlatimer, @ericnewcomer, @kr00ney, @kateclarktweets, @kateclarktweets, @kateclarktweets, @jessicalessin, @schrockn, @lessin, @triketora, @eladgil, @levie, @xavierhelgesen, @katie_roof, and @pkedrosky
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