Techmeme
April 28, 2021, 7:35 AM

Top News

Microsoft - Investor Relations:
Microsoft reports FY 2021 Q3 revenue of $41.7B, up 19% YoY, net income of $15.5B, up 44% YoY, Surface revenue up 12%, More Personal Computing revenue up 19%  —  Microsoft Cloud Fuels Third Quarter Results REDMOND, Wash. — April 27, 2021 — Microsoft Corp. today announced the following results …
Mary Jo Foley / ZDNet:
Microsoft says Teams is now at 145M DAUs, up from 75M DAUs YoY, and announces new Teams integrations with Dynamics 365, which saw quarterly revenue grow 45% YoY  —  A year ago, Microsoft officials said Teams had 75 million daily active users.  In April 2021, that number is now 145 million, according to Micrsoft.
Russell Brandom / The Verge:
Juli Clover / MacRumors:
Alphabet:
Alphabet reports Q1 revenue of $55.3B, up 34% YoY, net income of $17.9B, up from $6.8B YoY, and Google Search revenue of $31.9B, up from $24.5B YoY  —  MOUNTAIN VIEW, Calif. - April 27, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2021.
Casey Newton / Platformer:
Interviews with Basecamp staff on how a “funny” customer names list sparked an internal reckoning and spurred Basecamp's societal and political discussion ban  —  How a list of “funny” customer names triggered an internal reckoning  —  I.  —  The controversy that embroiled …
Alan Boyle / GeekWire:
FCC grants SpaceX's request to use a lower orbit for Starlink satellites; Amazon says the FCC's conditions adequately addressed its original objection  —  The Federal Communications Commission has given the go-ahead for SpaceX to modify the planned orbits for future satellites …
Taylor Hatmaker / TechCrunch:
An overview of Tuesday's Senate hearing on algorithms and Section 230 reform, where lawmakers focused less on sound bites and crawled closer to solutions  —  Rather than a CEO-slamming sound bite free-for-all, Tuesday's big tech hearing on algorithms aimed for more of a listening session vibe — and in that sense it mostly succeeded.
Tiernan Ray / ZDNet:
AMD Q1: revenue of $3.4B, up 93% YoY, net income of $555M, up 243% YoY, with EPYC sales driving Enterprise, Embedded and Semi-Custom revenue up 286% to $1.35B  —  AMD said its revenue from chips shipping into the data center more than doubled, quarter over quarter.
Manish Singh / TechCrunch:
Zomato files for $1.1B IPO in India and reports $91.8M in losses on revenue of $183.6M between April 1 and December 31, 2020  —  Indian food delivery startup Zomato on Wednesday filed for an initial public offering, becoming the first tech unicorn startup from the world's second largest internet market to do so.
Salvador Rodriguez / CNBC:
Mark Zuckerberg teases upcoming Instagram features to help creators make money, including a marketplace to match brands with creators, and more  —  - Facebook CEO Mark Zuckerberg announced a slew of features Instagram is working on to help creators generate more money from their content.
Ingrid Lunden / TechCrunch:
Stripe acquires TaxJar for its cloud-based, automated sales tax tools; financial details not disclosed, but PitchBook data says TaxJar had been valued at $179M  —  Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools …
Sarah McBride / Bloomberg:
Iterable, which offers SMS, email, and app notification growth marketing services and is valued at ~$2B, ousts CEO for taking LSD before a board meeting in 2019  —  Marketing startup Iterable Inc. dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday.

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