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April 28, 2020, 9:05 PM
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| Alphabet: |
Alphabet reports revenue of $41.2B, up 13% YoY, net income of $6.8B, up from $6.7B YoY, Other Bets operating loss grew to $1.1B; headcount grew to 123K, up ~20K — MOUNTAIN VIEW, Calif. - April 28, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2020.
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VentureBeat, The Verge, Forbes, CNBC, SiliconANGLE, Search Engine Land, Android Police, TechCrunch, Thurrott, CNET, Reuters, ZDNet, Android Central, Silicon Valley Business …, Engadget, Adweek, and MSPoweruser
Tweets: @megancgraham, @dadaben_, @ryan_browne_, @cnbcnow, @jenn_elias, @lamonicabuzz, @srussolillo, @jaypeters, @mhbergen, and @dee_bosa
| Jennifer Elias / CNBC: |
In an email to staff, Google CEO Sundar Pichai said the company will allow employees to return to offices no earlier than June 1 and take a “staggered” approach — - Google CEO Sundar Pichai said the company will allow employees to return to offices no earlier than June 1 …
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Business Insider, CNET, KnowTechie, and Forbes
Tweets: @caseynewton, @alcardenasfl_dc, @dangraziano, and @dannypage
| Jay Peters / The Verge: |
Google's teleconferencing service, Meet, is adding 3M new users per day, up from 2M earlier this month, with 100M DAUs compared to Zoom's 300M — That's up from two million per day earlier this month — Google's Meet teleconferencing service is now adding about 3 million users per day …
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Pocketnow
| Jon Swartz / MarketWatch: |
Alphabet Q1 earnings show the pandemic is responsible for “a significant slowdown in ad revenues”, with $33.8B revenue from ads; stock up ~9% after hours — Earnings come in lower than diminished expectations, but sales growth tops projections despite COVID-19 effects — Referenced Symbols
More:
9to5Google, Wall Street Journal, and Associated Press
Tweets: @jamesvgrimaldi, @aishaalmuslim, @wsj, @carnage4life, and @mdudas
| Matt Stroud / OneZero: |
The CEO of Banjo, a SoftBank-backed surveillance firm that's raised nearly $223M, was once a neo-Nazi and was involved in the drive-by shooting of a synagogue — magazine profiles and on conference stages, Damien Patton, the 47-year-old co-founder and CEO of the surveillance startup Banjo, often recounts a colorful autobiography.
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The Verge, Input, Deseret News, OneZero , New York Post, and Business Insider
Tweets: @davegershgorn, @sltrib, @ozm, @josephfcox, @_cingraham, @dlberes, @ericgeller, @film_girl, @willoremus, @ryan, @antumbral, @karlitaliliana, @bubbaprog, @sarahbmyers, @blakersdozen, @phd_femme, @cklaughlin, @cjane87, @ozm, @antifagator, @bcmerchant, @schwindter, @josephfcox, @bendwalsh, @sltrib, @sivavaid, @ozm, @willsommer, @mer__edith, @ozm, @ozm, and @so_treu
| Thomas Burr / Salt Lake Tribune: |
Utah AG suspends Banjo's state contract after report about its founder's KKK past, suspends use of the surveillance tech while auditing it on data privacy, bias — • The Utah Attorney General's Office will suspend use of a massive surveillance system after a news report showed …
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Engadget and The Daily Dot
Tweets: @isaackrasny, @shammaboyarin, @andrewgutin, @moorehn, @yoda, and @sltribpolitics
| Amir Efrati / The Information: |
Source: Uber executives discuss cutting ~20% of its 27,000 headcount in the coming weeks; company veteran CTO Thuan Pham has resigned — Executives at Uber are discussing plans to cut around 20% of the company's employees, as it copes with a sharp decline in its ride-hailing business due …
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Bloomberg, Forbes, The Verge, Telegraph, USA Today, Business Insider, Reuters, and New York Post
Tweets: @yoda, @veenadubal, @rolandlisf, @bizcarson, @nixcraft, @econ_marshall, @amir, @amir, @carnage4life, @triketora, and @kateclarktweets
| Casey Newton / The Verge: |
YouTube adds fact-check info boxes to some searches, above the search results, in the US, after launching in Brazil and India last year — The program launched in Brazil and India last year — YouTube will begin adding informational panels containing information from its network …
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YouTube Blog, Input, Poynter, TechCrunch, The Next Web, Search Engine Journal, Variety, Adweek, Android Central, The Daily Hodl, Reclaim The Net, Engadget, Pocketnow, Android Police, Mashable, Social Media Today, Digital Trends, SlashGear, and Forbes
Tweets: @youtubeinsider, @alxthomp, @politifact, @mccanner, @mattnavarra, @rkyncl, and @factcheckdotorg
| Darrell Etherington / TechCrunch: |
Apple adds COVID-19 testing site information to Apple Maps across the US and makes improvements to its Mobility Trends site — Apple has now added COVID-19 testing sites to its Apple Maps app across the U.S., covering all 50 states and Puerto Rico. The update provides testing locations …
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Engadget, The Verge, MacRumors, AppleInsider, Appleosophy, 9to5Mac, MacDailyNews, and iDownloadBlog.com
| Andy Greenberg / Wired: |
Kaspersky researchers detail a targeted espionage campaign via Play Store spyware apps, aimed at a few hundred users in Vietnam, Bangladesh, Indonesia, India — Malicious Android apps from the so-called PhantomLance campaign targeted hundreds of users, and at least two slipped past Google's defenses.
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Securelist, CyberScoop, Security Affairs, ZDNet, and BleepingComputer
Tweets: @efremov_andrew_, @lorenzofb, @a_greenberg, @k_sec, and @ericgeller
| David Gelles / New York Times: |
A look at efforts by the tech industry to procure PPE for frontline workers, including one led by Salesforce's Marc Benioff to secure 50M pieces of PPE for $25M — A call from a university chancellor set in motion a private sector effort to procure 50 million masks, gowns and swabs for American medical facilities.
More:
Business Insider. Tweets: @ntaychak, @kedar_doshi, @nytimes, @donal888, @benioff, and @btaylor
| Wall Street Journal: |
Sources: Zuckerberg more actively in charge of Facebook after five departures from board of directors since 2019, as he attempts to consolidate decision-making — The 35-year-old tycoon has recast the company's board of directors and sought a high-profile role for the social-media giant in the Covid-19 pandemic
More:
Business Insider and Seeking Alpha
Tweets: @dseetharaman, @joannastern, @dseetharaman, @jeffbercovici, @wadhwa, @ron_miller, @kantrowitz, and @michaelzimmer
| Taylor Lorenz / New York Times: |
Instagram has been overrun with cash giveaways, which are often framed as charity, but are part of growth schemes run by social media marketing firms — As the coronavirus continues to disrupt lives and livelihoods, influencers are offering free money to followers — and gaining a lot more in return.| Sarah Perez / TechCrunch: |
Spotify's Anchor launches a tool that turns video chats into podcast-ready audio; works with a range of videochat products including FaceTime and Instagram Live — Spotify is tapping into the increased usage of video conferencing during the coronavirus quarantine to grow its own podcast business.
More:
Nieman Lab, Anchor blog, Marketing Land, SlashGear, Input, Los Angeles Times, MobileSyrup, The Verge, and Engadget
| Anthony Ha / TechCrunch: |
Shopify launches Shop, a consumer shopping app that allows users to browse recommended and local products and buy using the one-click Shop Pay checkout process — While Shopify is best-known for powering the online stores of more than 1 million businesses, the company is launching …
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Fast Company, The Logic, MSPoweruser, BetaKit, Engadget, and Business Wire
Tweets: @tobi, @hugoamsellem, @bwertz, @tylertringas, @joshelman, @turnernovak, @kajdro, @arainert, @printful, @benbajarin, @benjaminsehl, @okassim, and @saranormous
| Sarah Perez / TechCrunch: |
Instagram launches a way for users to fundraise for nonprofits while livestreaming, showing streamers a breakdown of donors, so they can give them a shout-out — Instagram is today launching a new way for users to fundraise for nonprofits via Instagram Live, amid the coronavirus pandemic.
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Engadget, Instagram, Mashable, Newsroom | TikTok, Later Blog, Newsweek, The NonProfit Times, The Verge, Android Central, Tubefilter, Neowin, and Social Media Today
Tweets: @karissabe and @danprimack
| Kirsten Korosec / TechCrunch: |
Ford says it is delaying the commercial launch of its self-driving vehicle services being developed with Argo AI to 2022, to reassess its strategy amid COVID-19 — Ford said Tuesday it will delay plans to launch an autonomous vehicle service to 2022, as the COVID-19 pandemic has prompted … | Ryan Browne / CNBC: |
British payments firm Checkout.com joins the Libra Association, the first payments processor to do so since Visa, Mastercard, and Stripe pulled out in October — - Checkout.com is the first payments firm to join the Libra Association after Visa, Mastercard and Stripe pulled out over regulatory concerns.
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Checkout.com, Cointelegraph, The Block, CoinDesk, BitcoinExchangeGuide, Reuters, and PYMNTS.com
Tweets: @libra_, @ryan_browne_, @checkout, @messaricrypto, and @cnbc
| Ron Miller / TechCrunch: |
Tecton.ai, which makes a service to build ML models by reusing data from similar use cases, leaves stealth with a $20M Series A led by a16z and Sequoia Capital — Three former Uber engineers, who helped build the company's Michelangelo machine learning platform, left the company last year …
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Tecton
| Bloomberg: |
TripAdvisor says it will cut 600 US positions and 300 others globally, shut San Francisco and downtown Boston offices; most remaining employees to take 20% cut — TripAdvisor Inc. is cutting about a quarter of its workforce in a bid to shrink costs as the global coronavirus pandemic decimates travel.
More:
TripAdvisor Blog, Skift, TechCrunch, The Boston Globe, Boston.com, TheStreet, Forbes, Axios, and CNBC
| Nikkei Asian Review: |
Sources: Huawei has partnered with French-Italian chipmaker STMicroelectronics to co-design mobile and automotive chips as it seeks a shield from US sanctions — Collaboration with Tesla supplier STMicro also set to aid self-driving goals — TAIPEI — Huawei Technologies is working …
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U.S. Department of Commerce, Light Reading, SlashGear, Gizchina, and Huawei Central
| Stephanie Condon / ZDNet: |
AMD reports Q1 revenues of $1.79B, up 40% YoY, non-GAAP net income of $222M, compared to $62M in the year prior; stock down ~5% in after-hours — Computing and Graphics revenue was up 73 percent year-over-year, thanks to strong Ryzen processor and Radeon product channel sales.Sponsor Posts
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