Techmeme
April 25, 2019, 10:30 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.
Josh Constine / TechCrunch:
Josh Constine / TechCrunch:
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:
Bloomberg:
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.
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 …
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
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 …

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