Techmeme
April 27, 2022, 9:30 PM

Top News

Meta:
Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 19%+  —  MENLO PARK, Calif., April 27, 2022 /PRNewswire/ — Meta Platforms, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2022.
Nelson Wang / CoinDesk:
Meta's Reality Labs division posts a $2.96B loss in Q1 2022, up from a $1.8B loss in Q4 2021, on revenue of $695M, and says Reality Labs has ~17,000 employees  —  Facebook's parent company reported revenue of $695 million for the division, which beat analysts' expectations.
Kurt Wagner / Bloomberg:
Aisha Malik / TechCrunch:
Lily Hay Newman / Wired:
Experts speculate as to what Elon Musk's takeover means for Twitter users' privacy; some worry that there is nothing stopping him from accessing users' DMs  —  The social network's user data and more will soon be at the whims of the world's richest man.  Who's worried?
Ellery Biddle / Coda Story:
A look at the impact outside the US if Twitter threw out its content rules and embraced an absolute commitment to free speech, including in India and Ethiopia  —  Musk's free speech absolutism could stoke conflict in countries like India and Ethiopia  —  While protest movements have risen and fallen …
Max Read / Read Max:
Billy Perrigo / TIME:
Elizabeth Dwoskin / Washington Post:
Kurt Wagner / Bloomberg:
Noah Bressner / Axios:
Ian Sherr / CNET:
Apple debuts Self Service Repair in the US for iPhone 12, iPhone 13, and new iPhone SE models, and plans to expand to Europe and add M1 Macs by the end of 2022  —  The tech giant says it's offering repair manuals online, along with giving everyday people the chance to buy parts and tools to repair devices themselves.
Tom Burt / Microsoft On the Issues:
Microsoft says at least six Russia-aligned actors launched 237+ cyberattacks against Ukraine from Feb. 23 to Apr. 8, including ~40 threatening civilian welfare  —  Tom Burt - Corporate Vice President, Customer Security & Trust  —  Today, we released a report detailing the relentless …
Mary Ann Azevedo / TechCrunch:
Sources: PayPal is closing its San Francisco office, which houses its Xoom unit, as it evaluates its global footprint; staff from the office will work virtually  —  PayPal is shuttering its San Francisco office as it evaluates its global office footprint.  —  Multiple sources say the payments giant …
Corin Faife / The Verge:
Study of 100 popular Twitter accounts: two days after Twitter accepted Elon Musk's bid, conservatives gained 17,229 followers on average and liberals lost 6,062  —  Social media data analyzed by The Verge shows conservative accounts winning and liberals losing out
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch is weighing reducing the subscription revenue cut for creators in its partner program from 70% to 50%, among other changes to boost its revenue  —  Twitch, the Amazon.com Inc.-owned live-streaming website, is weighing potential changes to how it pays top talent …
William Turton / Bloomberg:
Sources: data obtained from Meta, Apple, Google, Snap, Discord, and others through fake legal requests have been used to harass women and sexually extort minors  —  Major technology companies have been duped into providing sensitive personal information about their customers in response …
BBC:
Central African Republic lawmakers vote unanimously to adopt bitcoin as legal tender, the second country to use bitcoin as official currency after El Salvador  —  The Central African Republic (CAR) has approved Bitcoin as legal tender - just the second country to do so.
Ashley Carman / Bloomberg:
Spotify Q1: revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subs rose 15% YoY to 182M, despite losing 1.5M in Russia; stock down 12%+  —  Spotify Technology SA has spent more than a billion dollars in an effort to become the No. 1 name in podcasting …

Sponsor Posts

Soxton:
Fast, affordable 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!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research  —  Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
The hidden pattern behind successful products | Mark Pincus (founder of Zynga)
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:
SpaceX's IPO Triumph, Anthropic's Fable Fumble, OpenAI's Price War
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.
Access:
A top iPhone app developer reacts to Apple's new Siri
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn
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.
The Upstarts Podcast:
TBC's Alex Ksendzovsky: The Neurosurgeon Using Brain Cells To Build Better AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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 9:30 PM ET, April 27, 2022.

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

Dell Cameron / Gizmodo: