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July 27, 2023, 5:45 AM
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| Meta Investor Relations: |
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 7%+ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2023. — “We had a good quarter.
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Mastodon: @dme@mastodon.online. Twitter: @divestech, @munster_gene, @jason_kint, @stockmktnewz, @munster_gene, @divestech, @ericjhonsa, @eric_seufert, @supbagholder, @munster_gene, @munster_gene, @mikeisaac, @swiftstories, @jason_kint, @munster_gene, @mikeisaac, @conorsen, @jason_kint, @3peakstrading, @richlightshed, @thetranscript_, @zerohedge, @kobeissiletter, @munster_gene, @ophirgottlieb, @ghadjia, @ramahluwalia, @rihardjarc, @jason_kint, @macton93, @munster_gene, and @supbagholder
Threads: @carnage4life and @carnage4life
| Jonathan Vanian / CNBC: |
Meta's Reality Labs reports a $3.7B operating loss in Q2, vs. $3.5B est., and expects losses to “increase meaningfully” due to VR/AR and ecosystem investments — - Meta's Reality Labs unit, which develops virtual reality and augmented reality technologies, logged …
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Bluesky: @mranthropology.bsky.social. Twitter: @ibogost, @mdbaccardax, @ibogost, @mikeisaac, @wholemarsblog, @jimcramer, @ldrogen, @metacriticcap, @thekantoarbot, @kingfazir, @scobleizer, and @crusoniac
| Scott Nover / Quartz: |
More: Silicon Republic, Search Engine Journal, Digital Trends, TechCrunch, Telegraph, and Social Media Today
Twitter: @mikeisaac, @sarthakgh, @claudebrodesser, @zerohedge, and @zaybo777
| CNN: |
US prosecutors ask a judge to detain Sam Bankman-Fried over witness tampering allegations, saying he leaked Caroline Ellison's personal writings to the NYT — New York CNN — — US prosecutors asked a federal judge to detain former FTX CEO Sam Bankman-Fried over allegations of witness-tampering.
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Twitter: @innercitypress, @molly0xfff, @coinage_media, @nikhileshde, and @innercitypress. Forums: r/CryptoCurrency
| Nikhilesh De / CoinDesk: |
| Bloomberg: |
The SEC approves new rules to require publicly traded companies to file details of a cyberattack within four days of identifying a material impact from the hack — - Delay possible if public safety or national security at risk — Some business groups argued that deadline was too short
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| Sheila Chiang / CNBC: |
Samsung reports Q2 revenue down 22% YoY to ~$47.21B, below analyst expectations of ~$47.7B, and operating profit down 95% YoY to ~$525M due to weak phone demand — - Samsung is the world's largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.
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| Financial Times: |
Sources: Linda Yaccarino pitched her vision for Twitter/X to talent agencies in LA and met with Disney, in a bid to bring stars and influencers to the platform — Social media app's new chief meets with agents at leading talent agencies amid controversy over rebranding to ‘X’
Bluesky: @mattufford.bsky.social. Twitter: @xnewsdaily, @yoda, @mshannahmurphy, and @filmthepolicela
| Aisyah Llewellyn / Al Jazeera: |
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Mastodon: @Rasta@mstdn.ca and @ryanschultz@mastodon.social
| Esther Crawford / @esthercrawford: |
More: Insider, The Information, Insider, and The Verge
Mastodon: @ben@werd.social. Twitter: @tomhowardau, @arodericks, @rakeshlobster, @agoldmund, @lilly_smith48, @blader, @malaparte, @pitdesi, @eghosao, @joshconstine, @littlemissjacob, @edzitron, @stse, @benthompson, @karaswisher, @julesterpak, @maileprmedia, @stevesi, @kidehen, @mikegehrke, @faizsays, and @sspencer_smb
Threads: @hunterwalk and @jordanroher
| David Welch / Bloomberg: |
Waymo plans to slow the development of autonomous trucking as the company moves its focus and investment to ride-hailing — Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that's being done by its Via subsidiary.
More: Waypoint, TechCrunch, Reuters, Neowin, Digital Trends, The Verge, SiliconANGLE, SlashGear, FreightWaves, Engadget, 9to5Google, The Last Driver License Holder, and Brad Ideas. Forums: r/SelfDrivingCars
| David Pierce / The Verge: |
A postmortem of Neeva, which tried to build a faster, simpler, and ad-free search engine, and how default search engine choices reinforce Google's dominance — A couple of ex-Googlers set out to create the search engine of the future. They built something faster, simpler, and ad-free.
Mastodon: @carnage4life@mas.to. Twitter: @lutherlowe. Threads: @imdavidpierce and @parkerortolani
Forums: r/technology and Beehaw
| Sergiu Gatlan / BleepingComputer: |
The CISA warns US federal agencies to secure their systems against an Ivanti flaw that's been exploited as a zero-day to hack Norway's government systems — The Cybersecurity and Infrastructure Security Agency (CISA) warned U.S. federal agencies today to secure their systems … | Wes Davis / The Verge: |
T-Mobile rolls out ultrafast 5G capable of 3.3Gbps, first in a few US markets for Samsung Galaxy S23 users only, then nationwide in “the coming weeks” — / T-Mobile's new wireless tech is live in a few markets and will be available nationally in ‘weeks.’
More: T-Mobile, Android Authority, Fierce Wireless, Droid Life, RCR Wireless News, Sammy Fans, CommsUpdate, TmoNews, iClarified, PhoneArena, and Cord Cutters News
LinkedIn: Henry Chalian and Ulf Ewaldsson
| Lora Kolodny / CNBC: |
Sources: the California AG is investigating Tesla, seeking information from customers and ex-employees about Autopilot safety issues and advertising complaints — - The California attorney general is investigating Tesla, CNBC has learned, seeking information from customers …
More: Los Angeles Times, Wccftech, Neowin, MarketWatch, SlashGear, The Hill, and The Verge
| Tom Warren / The Verge: |
Microsoft starts rolling out a new Xbox Home UI, offering more space for backgrounds and quick access to store, search, and settings, after 10 months of testing — Microsoft first started testing a new Xbox Home UI nearly a year ago, and the company is now ready to deliver it to all Xbox owners.
More: Xbox Wire, PayPal Newsroom, The Verge, gHacks Technology News, Video Games Chronicle, TweakTown, Press Start, GameRevolution, Android Headlines, MobileSyrup, Android Authority, Kotaku Australia, BGR, Gameranx, Eurogamer.net, GamingBolt, Neowin, Pure Xbox, Thurrott, GameSpot, and OnMSFT.com
Forums: r/xbox, r/xboxone, r/Games, r/XboxSeriesX, and r/XboxSeriesX
| Medha Singh / Reuters: |
Dish partners with Amazon to sell a Boost Infinite postpaid wireless plan with unlimited talk, text, and data services at $25/month for Amazon Prime subscribers — Dish Network Corp (DISH.O) is partnering with Amazon.com (AMZN.O) to sell wireless postpaid service plans through its platform … | Wall Street Journal: |
Sources: Netflix is reworking its tech deal with Microsoft for its ad tier to reduce the revenue guarantee and has discussed selling ads through other partners — Streamer asks for patience as it tries to jump-start $6.99 a month ad tier — Netflix is restructuring its advertising partnership …
More: Reuters
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