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April 26, 2022, 6:25 PM
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| Alphabet - Investor Relations: |
Alphabet reports Q1 revenue of $68.01B, up 23% YoY, net income of $16.44B, down from $17.93B YoY; traffic acquisition costs up 23%; stock drops 4%+ after hours — MOUNTAIN VIEW, Calif. - April 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2022.
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Search Engine Journal, Wall Street Journal, Protocol, Android Police, CNBC, Thurrott, and Android Central
Tweets: @mhbergen, @epro, @kifleswing, and @rustybrick
| Robert Hof / SiliconANGLE: |
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY — A slowdown in spending on advertising amid the Russian war on Ukraine and the continuing pandemic took a small toll on Google parent Alphabet Inc. today …
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iTnews
| Kif Leswing / CNBC: |
Alphabet says that its board of directors authorized $70B in share repurchases, a major step up from 2021's $50B authorization and 2019's $25B authorization — - Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year's authorization … | Bloomberg: |
Sources: Twitter locked down product updates through Friday to limit unauthorized changes by miffed employees after accepting Elon Musk's $44B bid — Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk …
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CyberScoop, Barron's Online, The Hill, Yahoo News, TechCrunch, New York Post, and Digital Trends
Tweets: @phil_lewis_, @newsynick, @wongmjane, @hunterwalk, @travisbrown, @birdyword, and @samoburja
| Vlad Savov / Bloomberg: |
Highlighting China's importance to Tesla, Jeff Bezos asks if Elon Musk's Twitter takeover gives the Chinese government “a bit of leverage over the town square” — Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. …
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@jeffbezos, @jeffbezos, and @jeffbezos. More:
Associated Press, TheStreet, Popular Information, Reuters, and New York Post
| Mike Masnick / Techdirt: |
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk — For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.
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Benzinga, Tech Monitor, Canadian Press, and MUO
Tweets: @elonmusk, @elonmusk, @reckless, @popehat, @benedictevans, @b_fung, @juddlegum, @thedextriarchy, @normative, @mmasnick, and @mmasnick
| @jack: |
[Thread] Taking Twitter private “is the correct first step” and Musk's goal to create a “maximally trusted and broadly inclusive” platform “is the right one” — I love Twitter. Twitter is the closest thing we have to a global consciousness.
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USA Today, VICE, CoinDesk, Financial Times, CNBC, Tech Xplore, Bloomberg, IGN, TechCrunch, Decrypt, Variety, Fossbytes, Cryptonews, TechCircle, and TradingBTC.com
Tweets: @jack, @jack, @jack, @jack, @jack, @profgalloway, @nickstatt, @phastidio, @bauhiniacapital, @josephwulfsohn, @defensebaron, @maxberger, @keemstar, @katie_roof, @michelleyesudas, @lizcarolan, @jyarow, @franceshaugen, @sansdura, @stevekovach, @franceshaugen, @heydave7, @steven_hyden, @heathercampbell, @sruhle, @edent, @elliotturn, and @tvietor08
| Financial Times: |
Sources detail how Elon Musk's Twitter bid succeeded: Morgan Stanley gathered support for $25.5B in loans, shareholders urged the board to accept, and more — Tesla boss convinced Wall Street sceptics to back his $44bn takeover offer — Just 12 days ago, some of the most experienced operators … | Javier Espinoza / Financial Times: |
EU internal market commissioner Thierry Breton warns Elon Musk that Twitter must follow the new Digital Services Act rules or face fines or even a ban in Europe — EU commissioner Thierry Breton tells Tesla chief executive: ‘Elon, there are rules’ — Brussels has warned Elon Musk …
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TechCrunch, Fortune, Wall Street Journal, diginomica, The Guardian, The Hill, Politico, PCMag, Bloomberg, TechSpot, The Mac Observer, and CNBC
Tweets: @financialtimes, @financialtimes, @willoremus, @neerajka, @trentonhassles, @noahbarkin, and @mayazi
| Casey Newton / Platformer: |
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Tweets: @eddie1perez, @tasharobinson, @drkarlynb, @keithboykin, @queenofrats, @jamie_weinstein, @nohillside, @alygetreal, and @delrey
| Brad Stone / Bloomberg: |
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| Kate Conger / New York Times: |
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Tweets: @nedmiles, @hillelneuer, @talmonsmith, @gergelyorosz, @laurenshirsch, @lancestorm, @carnage4life, and @gergelyorosz
| Lauren Feiner / CNBC: |
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Wired, Bloomberg, Tech Policy Press, VICE, Media Matters for America, CNN, Wall Street Journal, New York Times, NBC News, The Atlantic, Analytics, Fast Company, Mashable, spiked, Washington Post, Blockworks, govtech.com, Cam's Newsletter, Reuters, PYMNTS.com, The Boston Globe, The FinanceTLDR Newsletter, Benzinga, Wall Street Journal, OnMSFT.com, BBC, The Guardian, Mediaite, Ars Technica, Coinspeaker, CoinGeek, TechRadar, Club386, and Finbold
Tweets: @elonmusk, @elonmusk, @downtown, @senwarren, @dwuff, @paraga, @btaylor, @jamessurowiecki, @liz_wheeler, @bluesky, @nicoleperlroth, @djrothkopf, @oneunderscore__, @redletterdave, @ronwyden, @naval, @gavinjohnadams, @jim_jordan, @ethanz, @asymmetricinfo, @sarahjeong, @firefox, @caraesten, @pwnallthethings, @rabois, @therealfitz, @dougboneparth, @mmasnick, @_claypot, @sanasaeed, @thelincoln, @chillmage, @hayskali, @kantrowitz, @brendancarrfcc, @elipariser, @icecube, @caseynewton, @nikitabier, @evan_greer, @noliewithbtc, @hunterwalk, @sarahcpr, @profsunnysingh, @menforfieider, @oliviatheehye, @drewisgooden, @sarah_smarsh, @zubymusic, @xoanty, and @parikpatelcfa
| Microsoft - Investor Relations: |
Microsoft reports Q3 revenue of $49.4B, up 18% YoY, net income of $16.7B, up 8% YoY, Office revenue up 12%, LinkedIn revenue up 34%, Windows OEM revenue up 11% — Earnings Release FY22 Q3 - REDMOND, Wash. — April 26, 2022 — Microsoft Corp. today announced the following results …
| Under the Hood: |
Robinhood plans to let go of ~9% of its full-time employees, after growing its headcount from 700 to nearly 3,800 from 2019 to 2021; stock drops ~5% after hours — Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.
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TechCrunch, Protocol, CoinDesk, The Block, and Reuters
| Anne Tergesen / Wall Street Journal: |
Fidelity will let retirement savers allocate up to 20% of their 401(k) accounts to bitcoin later in 2022, the first major US retirement plan provider to do so — Investment giant's move could send cryptocurrency investing further into mainstream if employers decide to offer option
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New York Times, Business Wire, Finbold, Blockworks, Associated Press, Fortune, Decrypt, Protocol, Kryptovaluta Oppsummering, Cointelegraph, Crypto Daily, Bitcoin Magazine, Crypto Briefing, Newslit Daily, The Pomp Letter, TechCrunch, and PCMag
Tweets: @saylor, @adamnash, @cz_binance, @jeffbooth, @gladstein, @dbsmasher, @christine_benz, @blockworks_, and @bchappatta
| Sarah Perez / TechCrunch: |
Google launches privacy “nutrition labels” for Play Store apps; developers have until July 20 to disclose security practices and the data their apps collect — Google Play is today officially launching its own version of privacy-related “nutrition labels” for apps.| Lorenzo Franceschi-Bicchierai / VICE: |
A leaked document written by some Facebook ad team privacy engineers: Meta has an inadequate level of “control and explainability over how our systems use data” — “We do not have an adequate level of control and explainability over how our systems use data,” Facebook engineers say in leaked document.
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DocumentCloud. Tweets: @jason_koebler, @lorenzofb, @johnnyryan, @lorenzofb, @jason_kint, @jason_kint, @lorenzofb, @jason_kint, @mattnavarra, @lmatsakis, @johnnyryan, @lorenzofb, @b_fung, and @jason_kint
| Lauren Forristal / TechCrunch: |
Sensor Tower: TikTok was the most downloaded app globally in Q1 2022, passing 3.5B all-time downloads, followed by Instagram, Facebook, WhatsApp, and Telegram — TikTok is one of the world's fastest-growing social media platforms. Sensor Tower recently released its “Q1 2022 …
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Sensor Tower, Gizmodo, Sensor Tower, The Economic Times, 9to5Google, The Mac Observer, Android Police, Sensor Tower, 9to5Mac, The Verge, Android Authority, and XDA Developers
Tweets: @jaywarnick and @sensortower
| Lizette Chapman / Bloomberg: |
Authentic Brands Group, which runs Forever 21, sues payments startup Bolt claiming $150M+ in lost online sales; Authentic is Bolt's most prominent customer — Bolt Financial Inc., the payments startup known for its founder's inflammatory Twitter threads claiming Silicon Valley is run by …
Tweets: @carnage4life
| CNBC: |
Nasdaq closes down 3.95% to $12,490.74, a 52-week low, including Tesla down 12.2%, Zillow down 9.0%, Coinbase down 5.9%, Netflix down 5.5%, and Apple down 3.7% — U.S. stocks fell sharply on Tuesday with shares selling off into the close, as investors dumped equities on fears of an economic slowdown.
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CBS News and Cointelegraph
| Nina Bambysheva / Forbes: |
Decentralized exchange infrastructure provider 0x Labs raises a $70M Series B led by Greylock Partners with OpenSea, Coinbase, Pantera, and others participating — San Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led … Sponsor Posts
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