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April 28, 2023, 10:00 AM
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| Amazon: |
Amazon reports Q1 revenue up 9% YoY to $127.4B, a $3.2B net income, vs. a $3.8B net loss YoY, AWS revenue up 16% YoY to $21.4B, and staff down 10% YoY to 1.47M — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023.
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The Register, Bloomberg, Bloomberg, Finextra, TechRadar, Silicon Republic, Reuters, PYMNTS.com, The Guardian, The Information, Neowin, The Economic Times, Reuters, Thurrott, GeekWire, The Hollywood Reporter, The Verge, and Wall Street Journal
LinkedIn:
Martin Heubel. Tweets:
@glenngabe, @thetranscript_, @rihardjarc, @bolthype, @negativegw, @rihardjarc, @refsrc, @danielnewmanuv, and @munster_gene
| Annie Palmer / CNBC: |
Amazon reports Q1 ad revenue up 21% YoY to $9.5B, vs. $9.1B est., subscription revenue up 15% YoY to $9.7B, and North America segment sales up 11% YoY to $76.9B — - Amazon reported first-quarter sales on Thursday that beat analysts' estimates. — The stock fell in extended trading …
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srgresearch.com, ComputerWeekly.com, RTÉ, BigTechWire, Agence France-Presse, Coinspeaker, Financial Times, SiliconANGLE, CRN, and The Information
Tweets:
@sarthakgh, @glenngabe, and @thetranscript_
| Olga Kharif / Bloomberg: |
A US federal judge orders South Africa-based bitcoin pool operator Mirror Trading's CEO to pay $3.4B after CFTC charged the company with a $1.7B fraud in 2022 — A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for a fraud scheme involving Bitcoin … | Ellen Huet / Bloomberg: |
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022 — Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday.
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Clubhouse Blog, The Verge, The Hollywood Reporter, The Information, TechCrunch, Variety, Tech Startups, Axios, Moneycontrol, Hypepotamus, CNBC, Music Ally, Gizmodo, and Engadget
Tweets:
@pdavison, @pdavison, @ankit_quant, @mhiggins, @danprimack, @carlquintanilla, and @joshconstine
| Bloomberg: |
The New York City MTA ends its Twitter service alerts, saying the platform is “no longer reliable” and that Twitter demanded $50K per month for API access — New York City's mass-transit system is ending its real-time service alerts on Twitter for subway, train and bus riders …
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The Verge, Gizmodo, PCMag, MTA, AM New York, New York Times, Engadget, Associated Press, CNN, New York Post, abc7NY, CBS News, Gothamist, and Fox Business
| Sarah Perez / TechCrunch: |
Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network — Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform.
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Social Media Today, Coinspeaker, ChannelX, The Information, BBC, Search Engine Land, and MarketWatch. LinkedIn:
Briana Finelli
| Tom Warren / The Verge: |
Microsoft discontinues Microsoft-branded mice, keyboards, and webcams, to focus on its Surface brand for PC accessories; Microsoft's first mouse debuted in 1983 — Microsoft will no longer manufacture mice, keyboards, and webcams that are Microsoft-branded.
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OnMSFT.com, Windows Central, TechRadar, gHacks Technology News, BigTechWire, SlashGear, XDA Developers, MobileSyrup, Neowin, and Thurrott
Mastodon:
@shac@ioc.exchange, @shac@ioc.exchange, and @lightweight@mastodon.nzoss.nz
Tweets:
@leonkiriliuk, @stshank, @yevp, and @tomwarren
| Stephen Graves / Decrypt: |
Bluesky is seeing an influx of users, including @dril and AOC, with some referring to posting on the Jack Dorsey-backed social network as “skeeting” — Instead of “tweeting,” the influx of new Bluesky users has coined a new term for sharing their thoughts on the decentralized social media app.
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The Verge, TechCrunch, The Conversation, Washington Post, and Bloomberg
Tweets:
@quantian1, @oneunderscore__, @bobo_circus, @dril, @vladsavov, @mgsiegler, @alexlmiller, @carnage4life, @iamjakestream, @parismarx, @moorehn, @ashleyfeinberg, @swolecialism, @billybrizzle420, @ashleyfeinberg, @c_davies, @quantian1, @thestalwart, @nickstatt, @_fleerultra, @eve6, @mnateshyamalan, @semaforben, @ohnoshetwitnt, @willoremus, @levie, @parismartineau, @kantrowitz, @stephengraves, @pati_gallardo, @laraisuncool, @katienotopoulos, and @panzer
| Aoyon Ashraf / CoinDesk: |
Robinhood introduces Connect, which allows users to fund their Web3 wallets without having to leave a decentralized app or be in their Robinhood Crypto accounts — The feature, Robinhood Connect, is already available on several decentralized apps, with more to onboard in the coming months.
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Under the Hood, Decrypt, Finbold, Coinmonks, Fortune, Coinspeaker, CryptoSlate, Cointelegraph, crypto.news, and Watcher Guru. Tweets:
@wublockchain
| Ben Schoon / 9to5Google: |
Google TV rolls out its free built-in channels to all US users and adds offerings from Plex, Haystack News, and Tubi, for a total of 800+ free channels — After being announced earlier this month, Google TV is now widely rolling out its free, built-in streaming channels to all users alongside free channels from other providers.
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Android Police, Cord Cutters News, TechRadar, and Gizchina
| Jonathan Vanian / CNBC: |
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+ — - Snap came in light on revenue and ARPU in its first-quarter earnings report. — The company said its “internal forecast” … | Blake Brittain / Reuters: |
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians' songs on the platform — TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …
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Billboard, Music Ally, Digital Music News, and Music Business Worldwide
Tweets:
@reuterslegal and @reuterslegal
| Financial Times: |
A profile of Sarah Cardell, the UK CMA's Chief Executive, who played a key role in shaping the policy that led to Microsoft's Activision takeover being blocked — Former corporate lawyer has attracted the ire of the US group by blocking its $75bn acquisition of Activision
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Digit, DatacenterDynamics, TweakTown, and Vox
| Cecilia D'Anastasio / Bloomberg: |
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CNBC, Reuters, Reuters, GamesIndustry.biz, BBC, Fortune, Gameranx, IGN, Gameranx, CNBC, TrueAchievements, Pure Xbox, Windows Central, Wccftech, TweakTown, GameSpot, The Verge, Game Developer, Bloomberg, and BBC
Tweets:
@nvidiagfn, @boosteroid_main, @ingridlunden, @gameoverthirty, @deeketweak, @fosspatents, @tomwarren, @idlesloth84_, @charlesfitz, @cmagovuk, @cmagovuk, @fosspatents, @cmagovuk, @deeketweak, @hazzadorgamin, @zoidctf, @gameoverthirty, @deeketweak, @cecianasta, @cecianasta, @senninsage, @projektxbox10, @jezcorden, @senninsage, @jezcorden, @cmagovuk, @fosspatents, @mikeisaac, @peterovo5, @tomwarren, @wario64, and @s8mb
| Jonathan Vanian / CNBC: |
Meta shares are up 170% since bottoming out in November 2022, despite virtually no revenue growth, as investors focus on the company's dramatic cost cutting — - Revenue at Facebook's parent shrank for three straight quarters before increasing slightly in the latest period, but the stock is soaring.| Steve Dent / Engadget: |
Sony reports 6.3M PS5 sales in Q4 2022, up from 2M in Q4 2021, taking FY 2022 to 19.1M and 38.4M since launch, and $29B revenue for FY 2022, up from $19.9B YoY — Now that it's solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation 5 consoles.| Sidhartha Shukla / Bloomberg: |
Solana's SOL is up about 125% since December 31, outperforming bitcoin's 78% rally, as the blockchain tries to move past its association with Sam Bankman-Fried — The SOL token of the Solana blockchain has more than doubled this year, outperforming Bitcoin, as the project tries to move past …
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