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April 29, 2019, 11:35 PM
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| Alphabet: |
Alphabet Q1: revenue of $36.3B, up 17% YoY, net income of $6.66B with EC fine, CPC down 19%, and paid clicks on Google properties up 39% YoY; stock drops 7%+ — MOUNTAIN VIEW, Calif. - April 29, 2019 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2019.
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The Guardian, Wall Street Journal, CNBC, Android Police, The Seattle Times, Light Reading, GeekWire, The Verge, Search Engine Land, ZDNet, SiliconANGLE, Variety, Forbes, 9to5Google, Business Insider, and Seeking Alpha
Tweets: @gerritd, @daveleebbc, @jank0, @jank0, @lexnfx, @cloud_opinion, @kerrymflynn, @jank0, @lexnfx, @mattrosoff, @lexnfx, @kerrymflynn, @ingridlunden, @daiwaka, @ow, @jsneedles, @gretalwall, and @daveleebbc
| Ingrid Lunden / TechCrunch: |
Alphabet's “Other Bets”, which includes Waymo, Verily, Fiber, and others, had a Q1 operating loss of $868M on revenues of just $170M, up from $150M YoY — After warning investors that it would be taking a $1.7 billion (€1.5 billion) charge this quarter due to a fine … | Brian Heater / TechCrunch: |
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Daring Fireball, Gizmodo, 9to5Google, and Droid Life
Tweets: @ingridlunden, @caseynewton, @ldrogen, @dcseifert, and @tomwarren
| Theodore Schleifer / Recode: |
Sources: Anki, the robotics startup that raised $200M+ from investors including a16z, is shuttering and laying off its staff of 200 with one week's severance — It's a hard, hard fall. — Anki, the robotics company that has raised over $200 million in venture capital …
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MacRumors, Axios, Crunchbase News, The Robot Report, Fast Company, Wired, Engadget, Pocket-lint, The Verge, VentureBeat, IEEE Spectrum, 9to5Mac, iDownloadBlog.com, SiliconANGLE, and TechCrunch
Tweets: @cyantist, @caseynewton, @charlesarthur, @naijaflyingdr, @tariqkrim, @carnage4life, @inafried, @mcwm, @atulacharya, @teddyschleifer, and @richardkerris
| CNBC: |
The We Company, better known as WeWork, announces it has filed confidentially for IPO; the company has said its 2018 revenue was $1.8B with a net loss of $1.9B — KEY POINTS — The We Company, better known as WeWork, filed confidentially for an IPO. — The company did not reveal …
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Business Wire, TechCrunch, New York Times, The Seattle Times, Axios, Forbes, CNN, Telegraph, The Hill, Business Insider, GeekWire, and Crunchbase News
| Hannah Murphy / Financial Times: |
Facebook to give 60+ academics around the world access to its data from January 2017 to February 2019, which excludes run-up to the 2016 US election and Brexit — Facebook is opening up its data for the first time to more than 60 academics from around the world, who will be able to look …
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Facebook, SOCIAL SCIENCE ONE, Engadget, items.ssrc.org, The Hill, The Verge, CNET, Adweek, and VentureBeat
Tweets: @nanjala1, @kadhimshubber, @mshannahmurphy, @hoofnagle, @pablo_ortellado, @dpfunke, and @drsherrypagoto
| Natasha Lomas / TechCrunch: |
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The Mozilla Blog, Gizmodo, Lifehacker, and The Mac Observer
Tweets: @mozilla, @kevinroose, @profcarroll, @mikarv, and @jmgrygiel
| Laura Hautala / CNET: |
Researchers find the addresses and demographic details of more than 80M US households listed on an unsecured database, now offline, on a Microsoft cloud service — In a blow to consumers' privacy, the addresses and demographic details of more than 80 million US households were exposed …
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vpnMentor, Dark Reading, Engadget, SiliconANGLE, The Register, TechSpot, BleepingComputer, USA Today, PC Gamer, The Mac Observer, PCWorld, and Fortune
| Spotify: |
Spotify reports Q1 revenue of €1.5B, up 33% YoY, reduces net loss to €142M, says it has 217M MAUs, up 26% YoY, with 100M premium subscribers, up 32% YoY — Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2019 ending March 31, 2019.
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New York Times, Spotify, Engadget, Reuters, The Verge, Variety, Gizchina, TechSpot, USA Today, iPhone in Canada Blog, SlashGear, MSPoweruser, Telegraph, Wall Street Journal, Business Insider, Cult of Mac, Thurrott, Patently Apple, MacRumors, 9to5Mac, TechCrunch, Mashable, VentureBeat, Bloomberg, Memeburn, and iDownloadBlog.com
Tweets: @refsrc, @nytimes, @verge, @reuters, @pkafka, @jonerlichman, and @robinwauters
| Jeff John Roberts / Fortune: |
ICE's Bakkt, which has faced regulatory delays, says it has acquired the Digital Asset Custody Company and has applied with NY to become a registered trust — Intercontinental Exchange (ICE), which owns the New York Stock Exchange, made a splash last August with big plans to get into the Bitcoin business.
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Bakkt Blog, CoinDesk, The Block, Medium, Cointelegraph, The Daily Hodl, NewsBTC, CryptoGlobe, and Crypto Briefing. Tweets: @bakkt
| Kyle Wiggers / VentureBeat: |
Amazon announces that the Alexa Skills Kit now supports Spanish in the US and that Alexa-enabled devices in the US will gain support for Spanish later this year — Hola, Alexa. ¿Cómo estás? Amazon today announced that the Alexa Skills Kit (ASK) … | Ju-min Park / Reuters: |
Samsung posts a profit of $5.4B in Q1, down 60% YoY, as its semiconductor and mobile businesses post a 64% drop and a 40% drop in operating profits respectively — SEOUL (Reuters) - Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday … | Deanna Ting / Skift: |
Marriott launches Homes & Villas, an Airbnb competitor, in more than 100 markets around the world, following an year-long pilot program with 200 homes in London — This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner …
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Wall Street Journal, TechCrunch, Observer, CNBC, Engadget, Wired, CNET, Mashable, and TechSpot
Tweets: @p_brady, @mdudas, and @marksilva
| Chris Welch / The Verge: |
Apple says $250 Powerbeats Pro wireless earbuds will be available to preorder on May 3 and ship on May 10 in black with three other colors coming in the summer — Preorders start just a few days from now on May 3rd — There was a ton of reader interest in the new Powerbeats Pro …
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9to5Mac, MacRumors, CNET, iPhone in Canada Blog, iDownloadBlog.com, iPhone Hacks, Thurrott, Redmond Pie, Engadget, Mashable, iMore, TechCrunch, and Cult of Mac. Tweets: @carnage4life
| Todd Spangler / Variety: |
Twitter announces live streaming content deals with Univision, WSJ, and Time and new initiatives with previous partners including Viacom, the NFL, and ESPN — - Twitter Expands Live-Streaming Video Lineup, Sets Content Deals With Viacom, ESPN, Live Nation, Univision, and More
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Axios, TechCrunch, Deadline, Benzinga, and Tubefilter
Tweets: @sarafischer, @xpangler, @kerrymflynn, @axios, @jason_kint, @kerrymflynn, and @martyswant
| Brian Crecente / Variety: |
Microsoft says Minecraft creator Markus Persson won't be part of 10-year anniversary plans for the game because of his “comments and opinions” — “Minecraft” creator Marcus “Notch" Persson, who sold the title to Microsoft for $2.5 billion in 2014, won't be part of 10-year anniversary plans …
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Ars Technica, The Verge, Rock, Paper, Shotgun, GameSpot, SlashGear, Geek.com, Business Insider, WinBuzzer, Polygon, Thurrott, MSPoweruser, TechSpot, VG247, PC Gamer, GamesIndustry.biz, Destructoid, Telegraph, and OnMSFT.com
Tweets: @juliaferraioli, @mikejjennings, @tha_rami, @joncomms, and @lumunix
| Dana Rubinstein / Politico: |
Uber has capped the number of drivers in NYC since Apr. 1, source says due to NYC's new driver wage rules; Lyft has similarly capped drivers since Apr. 19 — Uber's and Lyft's once inexorable-seeming growth in New York City has ground to a halt. — Uber stopped hiring new drivers in New York City on April 1.
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Engadget, Streetsblog USA, Mashable, and The Verge
| Tom Warren / The Verge: |
How Microsoft learned from its past mistakes to embrace an “open design” philosophy, which integrates hardware and software for more inclusive designs — A new open design challenge for a 44-year-old company — One room at Microsoft's headquarters represents everything that's changed about its design philosophy.| Joshua Benton / Nieman Lab: |
Amazon is looking to hire a managing editor of news for its video doorbell company Ring to “deliver breaking crime news alerts to our neighbors” — When news organizations think about competition from tech companies, it's usually in terms of the audience's attention and advertisers' dollars.| Alex Kantrowitz / BuzzFeed: |
On paid email newsletter platforms, small audiences are translating to dollars for writers, such as on Substack, where the 12 top earners make $160K+ on average — As writers gravitate toward paid email newsletters, small audiences translate to meaningful dollars.
Tweets: @substackinc, @walthickey, @rachelysanders, @kantrowitz, @kantrowitz, and @kantrowitz
| Kate Clark / TechCrunch: |
How Menlo Ventures landed a stake in Uber by leading a $32M Series B at the last moment, after a16z failed to accept Uber's terms, and went on to reap billions — How Menlo Ventures landed a stake in Uber worth billions — Menlo Ventures was founded in 1976 but it took 35 years for the venture capital firm to hit the jackpot.
Tweets: @kateclarktweets and @kateclarktweets
| Iris Deng / South China Morning Post: |
Dating app Tantan, acquired by Momo last year for ~$763M, is suspended from multiple app stores in China amid ongoing government effort to “clean up cyberspace” — Tantan, owned by Beijing-based Momo, was suspended from multiple app stores in the country Tantan …
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TechNode, Motley Fool, TheStreet, PR Newswire, CapitalWatch, Sixth Tone, Seeking Alpha, and Tech in Asia. Tweets: @yuantalks
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