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October 26, 2022, 1:40 AM
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| Alphabet: |
Alphabet reports Q3 revenue up 6% YoY from $65.1B to $69.09B, $13.91B net income, down from $18.94B YoY, 186,779 employees, up from 150,028 YoY; stock drops 5%+ — MOUNTAIN VIEW, Calif. - October 25, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2022.
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Alphabet Investor Relations on YouTube, Reuters, Search Engine Land, 9to5Google, Thurrott, SiliconANGLE, The Verge, and MBI Deep Dives
Tweets: @jenn_elias, @carnage4life, @byjulialove, @cityofthetown, @levynews, @jenn_elias, @epro, and @chrisjbakke
| Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
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CNBC, South China Morning Post, Silicon Valley Business …, and TheStreet
Tweets: @kantrowitz, @marketwatch, and @jason_kint
| Todd Spangler / Variety: |
YouTube's ad revenue dropped 1.9% YoY to $7.07B in Q3, below expectations of $7.42B and representing its first year-over-year drop in at least two years — Overall, Alphabet, Google's parent company, also came in below analyst estimates. The company posted revenue of $69.1 billion and earnings per share of $1.06 for Q3.
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Wall Street Journal, The Hollywood Reporter, Android Central, Tech Xplore, The Information, CNBC, and Insider
Tweets: @eric_seufert, @levynews, @munster_gene, and @eric_seufert
| Alex Heath / The Verge: |
Meta says Apple updated its App Store rules to require IAPs for social media “boosts” to grow its business “while undercutting others in the digital economy” — Just when I thought the relationship between Apple and Meta couldn't get more hostile, here we are.
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AppleInsider, Bloomberg, Mobile Dev Memo, MacRumors, iThinkDifferent, BGR India, Mobilegamer.biz, FOSS Patents, Fortune, Game Developer, and CryptoSlate
Tweets: @eric_seufert, @simonbs, @cabel, @fromedome, @stroughtonsmith, @alexeheath, @jameshercher, @axelroark, @exiledsurfer, @akindolu, @gruber, @stalman, @bzamayo, @chrismessina, @dangillmor, @markgutman9, @mattnavarra, @sal19, @gartenberg, @michaelbtech, @fosspatents, @tonyarnold, @alexeheath, @marcoarment, @bcmerchant, @alexeheath, @gfodor, @madthunderdome, and @sdw
| Microsoft: |
Microsoft Q1: revenue up 11% YoY to $50.1B, net income down 14% YoY to $17.6B, Office Commercial revenue up 7% YoY, LinkedIn revenue up 17% YoY; stock drops 6%+ — REDMOND, Wash. — October 25, 2022 — Microsoft Corp. today announced the following results for the quarter ended September 30 …
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Microsoft Investor Relations, CNBC, Transistori, F5, Inc., Social Media Today, New York Times, Thurrott, Reuters, Bloomberg, SAP News Center, OnMSFT.com, and Axios
Tweets: @microsoft, @rustybrick, @fxshaw, @chriskeall, @dinabass, @epro, @fxshaw, and @tomwarren
| Frederic Lardinois / TechCrunch: |
Microsoft says GitHub has a $1B ARR and 90M+ active users, up from a reported $200M to $300M in ARR and 28M active users when Microsoft acquired GitHub in 2018 — As part of its earnings call, Microsoft today announced a number of new data points for GitHub, the massively popular code repository service … | Sheila Dang / Reuters: |
Internal research: Twitter has been losing “heavy tweeters”, who tweet three to four times a week, since the pandemic began, masked by an overall growth in DAUs — “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
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Bloomberg, Gizmodo, Cointelegraph, CNET, Digital Trends, The Information, Forbes, Benzinga, Forbes, Social Media Today, Search Engine Journal, and The Block
Tweets: @caseyjohnston, @wongmjane, @carnage4life, @semaforben, @martinsfp, @hpmacd, @chad_hurley, @robpegoraro, @laurenweinstein, @joshgnosis, @carnage4life, @tomgara, @northmantrader, @marshallk, @doubleeph, @fred_delicious, @whet, @mathewi, @amy_siskind, @pkafka, @matthewbennett, @risenrabbit, @bruce_arthur, @seyitaylor, @jaycuthrell, @katehalliwell, @dloesch, @emilygorcenski, @nevali, @scalzi, and @marvelle
| Emma Roth / The Verge: |
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published … | Dawn Chmielewski / Reuters: |
Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 6%+ on ad growth miss — Audio streaming service Spotify Technology SA (SPOT.N) Tuesday surpassed Wall Street's estimates for revenue and subscriber gains … | Daryna Antoniuk / The Record: |
Australia's AG unveils plans for tougher online privacy laws after several major data breaches, including increasing fines from AU$2.22M to AU$50M or more — Australia plans to strengthen its online privacy laws following several major data breaches, attorney-general Mark Dreyfus said in a statement on Saturday.
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Attorney-General of Australia, Associated Press, Reuters, TechCrunch, The Register, Reuters, and APRA. Tweets: @campuscodi
| Brandon Vigliarolo / The Register: |
Google plans to stop supporting Chrome for Windows 7 and Windows 8.1 in February 2023; StatCounter: Windows 7 was on 10.63% of Windows PCs in September 2022 — Even better, upgrade to Windows 10 at the very least — Google has joined the funeral procession for Windows 7 and 8.1 …
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The Verge, BGR, Engadget, Softpedia News, BigTechWire, 9to5Google, TechRadar, OSnews, ZDNet, and Digit
| Andrew Romero / 9to5Google: |
Samsung rolls out Maintenance Mode, meant to keep a device's data locked away from technicians during repair, to select Galaxy devices with One UI 5 worldwide — Handing your phone off to be repaired can be a little anxiety-inducing, given that it contains your valuable info.| Clare Duffy / CNN: |
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious — Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians
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Social Media Today and Adweek
Tweets: @claresduffy, @rachelmetz, @lamonicabuzz, and @caseynewton
| Anne Steele / Wall Street Journal: |
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011 — Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million| James Vincent / The Verge: |
Shutterstock partners with OpenAI to let users generate stock images using DALL-E 2 “in the coming months” and launches a Contributor Fund to reimburse creators — Will AI image generators kill the stock image industry? It's a question asked by many following the rise of text-to-image AI models in recent years.
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The Verge, Shutterstock, Engadget, Politico, MobileSyrup, Bloomberg, Gizchina, SiliconANGLE, PCMag, TheGamer, Digital Trends, Geektime, Neowin, PetaPixel, PC Gamer, TechRadar, and TechCircle
Tweets: @jjvincent, @jjvincent, @jjvincent, @saranormous, @waxpancake, @kantrowitz, @michaelmiraflor, @alex, @sub8u, @sarthakgh, @pt, @waxpancake, @random_walker, @jonoringer, @azeem, @sandhya, @blackamazon, @pt, @minimaxir, @tuviae, @mayazi, and @martinsfp
| Patrick Coffee / Wall Street Journal: |
A look at the increased use of celebrity deepfakes in ads, with or without their permission, raising legal and ethical questions for the marketing industry — Digital simulations of Elon Musk, Tom Cruise, Leo DiCaprio and others have shown up in ads, as the image-melding technology grows … | Sri Krishna / VentureBeat: |
Resonai, whose Vera service creates digital twins of commercial buildings using AI and AR, raised a $20M Series A extension, bringing the round's total to $30M — Tel Aviv, Israel-based Resonai aims to build the “digital square foot” and prepare the built world for its “mixed-reality” future.
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CTech, SiliconANGLE, PRWeb, Geektime, and FinSMEs
| Ben Brody / Protocol: |
Square's parent company Block sells access to customers' email addresses used to receive receipts, which experts say falls short of best privacy practices — When COVID-19 forced Compass Coffee to close down its Washington, D.C.-area shops, the roastery's owners turned to email to stay in touch with customers.| Tony Romm / Washington Post: |
An investigation into the FCC's ~$17B Emergency Broadband Benefit reveals how US telecom giants abused the program with price hikes, speed cuts, and fraud risks — A pandemic-era initiative has helped millions of low-income families stay connected. But it has suffered persistent abuses … | Ofir Dor / Globes Online: |
Tel Aviv-based Vesttoo, an AI-powered risk transfer marketplace connecting insurers and investors, has raised an $80M Series C at a $1B post-money valuation — The company's emergence as a unicorn is surprising when taking into account the slowdown in fund raising and that it had a valuation of just $22 million last year.
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Reuters, FinSMEs, Vesttoo, Artemis.bm, Geektime, and Canadian Press
Tweets: @jcomm_newsfeeds, @saeedamidi, and @gcassets
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