| Apple: |
Apple reports Q3 revenue of $59.7B, up 11% YoY, of which $46.5B came from products, $13.1B from services, and net income of $11.2B; stock up 5%+ after hours — Revenue up 11 percent and EPS up 18 percent to new June quarter records — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020.| Ina Fried / Axios: |
Apple confirms new iPhone models will arrive a few weeks later than they have in years past, confirming earlier news reports and supplier comments — Apple's financial chief said Thursday that this year's new iPhone models will arrive a few weeks later than they have in years past … | Stephen Nellis / Reuters: |
Apple Q3: iPhone sales of $26.42B, up 1.66% YoY and beating expectations of $22.37B, Greater China sales of $9.33B, up from $9.16B YoY — (Reuters) - Apple Inc (AAPL.O) on Thursday delivered blowout quarterly results, reporting year-on-year revenue gains across every category and in every geography … | Todd Haselton / CNBC: |
| Bloomberg: |
| Chance Miller / 9to5Mac: |
Internal emails from 2010 show how an Amazon ad prompted Steve Jobs and Phil Schiller to block in-app purchases of Kindle books on iOS — As part of the House Judiciary Committee's antitrust probe into Apple, lawmakers have released a variety of internal emails from Apple.| Makena Kelly / The Verge: |
Emails from Jeff Bezos and other Amazon employees suggest the acquisition of Ring was for “market position - not technology” — ‘And that market position and momentum is very valuable’ — On Wednesday, the House Judiciary Committee held its last hearing as part … | Juli Clover / MacRumors: |
Emails between Eddy Cue and other Apple execs from 2011, revealed in House hearing, show Apple considered 40% cut of first year digital content subscriptions — Apple once considered taking a 40 percent cut from some subscription apps, according to documents shared today by the House Judiciary Committee (via Bloomberg).| Steve Kovach / CNBC: |
| Alphabet: |
Alphabet reports Q2 revenue of $38.3B, down 2% YoY, net income of $6.96B, down from $9.9B YoY, Other Bets operating loss grew to $1.1B — MOUNTAIN VIEW, Calif. - July 30, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2020.| Jennifer Elias / CNBC: |
| Geoffrey Fowler / Washington Post: |
An overview of attempts by tech CEOs to obfuscate and minimize during the hearing, claiming their companies are not that big and data remains under user control — No, Google, we're not really in control of our data. And yes, Facebook, you profit from harmful information.| Facebook: |
Facebook Q2: $18.68B revenue, up 11% YoY, net income $5.18B, up 98% YoY, as DAUs rise 12% YoY to 1.79B, MAUs rise 12% YoY to 2.7B; stock up 6%+ after hours — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2020.| Casey Newton / The Verge: |
| Salvador Rodriguez / CNBC: |
| Amazon.com: |
Amazon reports Q2 revenue of $88.91B, up 40% YoY, net income of $5.2B, up from $2.5B in Q1 2019, and AWS revenue of $10.81B, up 29%; stock up 5%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2020.| Jay Peters / The Verge: |
In an update to the July 15 hack, Twitter says a few employees were targeted in a phone spear phishing attack, and it had since limited access to internal tools — ‘This attack relied on a significant and concerted attempt to mislead certain employees’ — Twitter provided an update … | Bloomberg: |
Sources: Facebook has completed deals with the three largest music companies, Universal, Sony, and Warner, for the right to show music videos — - Social giant also could bankroll some video production — Music videos have surged on YouTube during the pandemic| Abner Li / 9to5Google: |
Google teases the launch of a phone on August 3, presumed to be its budget phone Pixel 4a — While thoroughly leaked, Google has stayed quiet about when to expect its next mid-range phone. That's changing today with a “lorem ipsum” tease for what is most likely the Pixel 4a.| Wall Street Journal: |
Sources: Affirm, a point-of-sale lender for e-commerce, is in early stage preparations for an IPO that would value the company at as much as $10B — Point-of-sale lender is working with Goldman Sachs in early-stage discussions of a potential listing — Affirm Inc. is laying the groundwork …
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