Techmeme
April 27, 2022, 11:15 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%+  —  Meta Platforms, Inc. (Nasdaq: FB) today reported nancial 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.
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 …
Billy Perrigo / TIME:
Elizabeth Dwoskin / Washington Post:
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
Noah Bressner / Axios:
Kurt Wagner / Bloomberg:
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 …
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.
Will Sattelberg / Android Police:
Google blocked 1M+ apps that violated its policies from being published on the Play Store in 2021, and banned 190K developer accounts for malicious behavior  —  No one wants some off-brand Candy Crush knockoff melting their phone  —  As smartphones become the primary device for millions of users …
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 …
Annie Palmer / CNBC:
Amazon won't face penalties or fines after an OSHA probe into a deadly Illinois warehouse collapse killing six workers finds Amazon met minimal safety standards  —  - The Labor Department on Tuesday sent a letter to Amazon ordering it to review its severe weather policies after an investigation …
Saritha Rai / Bloomberg:
Indian IT pioneer Nandan Nilekani, who helped develop the Aadhaar biometric ID project, is spearheading a government effort to build an open e-commerce system  —  He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program …
Mitchell Clark / The Verge:
Google now accepts requests to remove Search results that include users' contact info, like physical addresses, phone numbers, and emails, and login credentials  —  If you put in a request and it agrees they're harmful  —  Google says it's expanding the types of personal information …

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Dell Cameron / Gizmodo:
Ashley Carman / Bloomberg: