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Techmeme
April 26, 2016, 6:15 PM
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Top News

Apple:
Apple Reports Second Quarter Results  —  Capital Return Program Expanding to $250 Billion  —  Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016.  The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share.
Alex Webb / Bloomberg:
Apple misses with Q2 revenue of $50.6B, down from $58B last year; net income down to $10.5B; 51.2M iPhones sold; sees Q3 sales drop to $41B-$43B; stock down 7%+  —  Apple Forecasts Another Sales Decline as iPhone Demand Cools  —  Apple Inc. posted its first quarterly revenue drop …
Jordan Novet / VentureBeat:
Dropbox previews Project Infinite, which will show files locally but store them remotely; no launch timeline or pricing set  —  Dropbox's Project Infinite shows all company files locally but stores them remotely  —  Cloud file syncing and sharing software company Dropbox today is announcing …
Twitter:
Twitter Q1 2016 Shareholder Letter  —  Total revenue in the first quarter reached $595 million, up 36% year-over-year, with 30% adjusted EBITDA margin.  We saw a return to sequential growth in monthly active usage, driven by seasonality and marketing initiatives.
Ingrid Lunden / TechCrunch:
Twitter reports mixed Q1 on sales of $595M revenue, up 36% YoY but less than $608M expected, 310M MAUs, up 3% YoY; stock drops 12%+ after hours  —  Twitter's woes continue on Q1 sales of $595M, a sluggish 310M MAUs and weak guidance  —  Twitter reported its Q1 earnings today, and they're not great.
Paul Sawers / VentureBeat:
Nokia enters the digital health realm with $192 million acquisition of France's Withings  —  Nokia has today announced that it is acquiring Withings, the company behind a range of connected health products, including watches, fitness bands, sleep-trackers, thermometers, and scales.
Devlin Barrett / Wall Street Journal:
Sources: FBI plans to keep iPhone-hacking method secret, will discourage White House from beginning internal review of whether it should be disclosed to Apple  —  FBI Plans to Keep Apple iPhone-Hacking Method Secret  —  Move would likely keep Apple in the dark about security weakness
David Shepardson / Reuters:
Google, Ford, Volvo, Uber, and Lyft join coalition to push federal action to help speed self-driving cars to market  —  Google, Ford, Uber launch coalition to further self-driving cars  —  Alphabet Inc's Google unit (GOOGL.O), Ford Motor Co (F.N), the ride-sharing service Uber [UBER.UL] …
Zac Hall / 9to5Mac:
Microsoft releases Skype for Business Mac Preview with Outlook calendar integration today, plans to add instant messaging, telephony, and more this summer  —  Microsoft introducing Skype for Business Mac Preview w/ Outlook calendar integration  —  Microsoft is getting serious with the Mac today …
Aaron Tilley / Forbes:
Hover Camera, a foldable drone, follows you automatically, with 13MP camera for 4K video, ships in summer for less than $600  —  Hover Camera Is A Self-Flying Drone That Doesn't Look Like Anything You've Seen Before  —  Hover Camera's creator, Meng Qiu “MQ” Wang, pulls out a small …
Gerry Smith / Bloomberg:
Turner to launch ad-free subscription streaming video service, FilmStruck, this fall, to be managed by TCM and the Criterion Collection; price not yet finalized  —  Time Warner's Turner Appeals to Film Nerds With Web-Only Service  —  Ad-free FilmStruck will be managed by Turner Classic Movies

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:15 PM ET, April 26, 2016.

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.

From Mediagazer

Lucas Manfredi / The Wrap:
Netflix strikes a multiyear distribution deal with EverPass to bring the streamer's NFL live events to commercial places like bars and restaurants in the US

Benjamin Mullin / New York Times:
The Saturday Evening Post says it will discontinue its print edition after 205 years, publishing its final print issue in January, and notifies 50K subscribers

Katherine Sayre / Wall Street Journal:
A group of musicians led by Jason Isbell files a proposed class action against Suno, alleging Suno lets users generate copycat songs based on artists' names

More News

Emma Brown / Washington Post:
Top tech leaders, with 27 governors, urge Congress to boost computer science education, announce private donations of $48M, of which $23M will go to Code.org
Juli Clover / MacRumors:
Apple's Upgrade Program Now Available for iPhones Purchased Through Online Store

Earlier Picks

Deepa Seetharaman / Wall Street Journal:
Sources: Facebook is developing a stand-alone camera app with ability to livestream video, to encourage users to create and share more photos and videos
Thomas Fox-Brewster / Forbes:
BeautifulPeople.com Leaks Very Private Data of 1.1 Million ‘Elite’ Daters — And It's All For Sale
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