Techmeme
April 25, 2019, 10:50 AM

Top News

Facebook:
Facebook reports Q1 revenue of $15.08B, up 26% YoY, as advertising revenue hits $14.91B, up 26% YoY; sets aside $3B related to a forthcoming FTC settlement  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2019.
BuzzFeed News:
Despite reporting that it expects a $3B-$5B fine from the FTC, Facebook's stock was up ~7.5% after hours, adding ~$40B to its market cap  —  Facebook will set aside $3 billion to cover expenses associated with a fine from the Federal Trade Commission over its privacy practices.  All good here, say investors.
Josh Constine / TechCrunch:
Josh Constine / TechCrunch:
Tom Warren / The Verge:
Microsoft briefly passed a market cap of $1T, the third US company to do so after Apple and Amazon, and is again the world's most valuable company  —  Strong earnings push Microsoft toward a new milestone  —  Microsoft has become the third US company to pass a market cap of $1 trillion.
Microsoft:
Microsoft reports Q3 revenue of $30.6B, up 14% YoY, as net income rose by 19% YoY to $8.8B; Intelligent Cloud revenue rose 22% YoY to $9.7B  —  REDMOND, Wash. — April 24, 2019 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2019, as compared to the corresponding period of last fiscal year:
Jessica Guynn / USA Today:
Facebook admits it often confuses advocacy and commentary on racism and white complicity in anti-blackness with attacks on a protected group  —  It was spirit week, and Carolyn Wysinger, a high school teacher in Richmond, California, was cheerfully scrolling through Facebook on a break between classes.
Bloomberg:
Wall Street Journal:
Sources: the NSA has recommended that the White House drop a once-secret US phone-surveillance program that collects info about Americans' phone calls and texts  —  The program, created after 9/11, has encountered compliance challenges and questions about its efficacy in recent years
Julia Carrie Wong / The Guardian:
Child stars on Instagram and YouTube aren't being protected by child labor laws, which were designed to prevent exploitation by parents and employers  —  ‘Kidfluencers’ are earning millions on social media, but who owns that money?  —  They open boxes, play with toys, pull pranks and make slime.
Bloomberg:
Nintendo misses analyst estimates of Switch sales with 17M units shipped in 2018 and 18M forecast for 2019, says no plans for new Switch at E3 this year  —  - Forecast for profit, Switch shipments below analyst estimates  — President Furukawa says new hardware won't be unveiled at E3
Tom Warren / The Verge:
Slack previews new features rolling out in the coming weeks and months: responding to messages via email, new calendar integrations, universal search, and more  —  Most of the new features will be available later this year  —  Slack arrived more than five years ago with the bold attempt to try to kill email in the workplace.
Nicholas Vinocur / Politico:
Critics question the willingness of the Irish Data Protection Commission, EU's lead GDPR enforcer, to crack down on tech firms that dominate Ireland's economy  —  The GDPR is the world's toughest standard for data privacy.  But nearly a year later, its chief enforcer has yet to take a single action …
Greg Otto / CyberScoop:
Security experts say companies that dominate the US election tech market have failed to acknowledge and remedy vulnerabilities in systems used to hold elections  —  The last few years have been an awakening for Election Systems & Software.  Before 2016, very few people were publicly pressing …
Paul Sawers / VentureBeat:
Online learning startup Coursera raises $103M Series E led by Seek Group, at a valuation of over $1B  —  Online education giant Coursera has raised $103 million in a series E round of fudning led by Seek Group, with participation from Future Fund and NEA.  —  Founded in 2012 …
More: TechCrunch

Sponsor Posts

Smartsheet:
6 ways to fix dysfunctional work  —  From the deluge of email to the never-ending slog of reporting, uncover the solutions to workplace challenges with this free report.
Zoho:
10 New Year's resolutions for your 2020 sales and marketing goals  —  We recommend these 10 resolutions for achieving your 2020 sales and marketing goals—and some great extensions to help you get there.
Intel:
The PC of the future (and present) has AI at the core  —  Intel Deep Learning Boost and on-device AI reduce lag, speed performance, and help usher in the future of the industry
Blockset:
The ‘Plaid for crypto’  —  Blockset provides all the building blocks for building great crypto apps.  From accessing on-chain data to writing transactions in realtime.  Hit the market faster and cut dev costs through one API.
Mattermost:
How is Mattermost different from Microsoft Teams?  —  Learn how Mattermost's collaboration platform fits the needs of development teams.

Listen to Techmeme's Podcast:

Techmeme Ride Home: (Bonus) The Curious Case of Casper (with Dan Frommer) Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:50 AM ET, April 25, 2019.

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.

More News

Andrew Leonard / OneZero:
Leticia Miranda / BuzzFeed News:
Lorenzo Franceschi-Bicchierai / Motherboard:

Earlier Picks

Emil Protalinski / VentureBeat:
Pew Research Center:
Benjamin Mayo / 9to5Mac:
Twitter: