Techmeme
April 25, 2019, 7:45 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:
Facebook had 2.38B MAUs in Q1, up 2.5% QoQ, as DAUs hit 1.56B, up 2.63% QoQ; EPS is $0.85 instead of $1.89 after setting aside money for potential FTC fine  —  A massive penalty hangs over Facebook's head, but it otherwise had a very strong Q1 earnings report.
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:
Sources: Amazon team auditing Alexa commands has access to user location data, making finding customer addresses easy; Amazon says access is tightly controlled  —  - Some members of Alexa Data Services see latitude and longitude  — The team is charged with helping Alexa improve its performance
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.
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
Eli Blumenthal / CNET:
Verizon begins preorders for Samsung Galaxy S10 5G starting at $1,300 and names 20 cities that will get 5G in 2019  —  Verizon's 5G rollout is spreading to more markets.  And with the expansion comes the launch of the Samsung Galaxy S10 5G.  —  On Thursday, the largest wireless carrier …
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.
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 …
Lorenzo Franceschi-Bicchierai / Motherboard:
Hacker says he can access 27K user accounts of GPS tracking services iTrack and ProTrack, which had weak default passwords, and can kill some users' car engines  —  “I can absolutely make a big traffic problem all over the world,” the hacker said.  —  A hacker broke into thousands …
Emil Protalinski / VentureBeat:
Ad-blocking browser Brave rolls out optional Brave Ads to desktop users, with users who opt in receiving 70% of the gross ad revenue in Basic Attention Tokens  —  Brave today rolled out Brave Ads, its digital advertising model, to desktop users in Canada, France, Germany, the U.K. …

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