Techmeme
April 27, 2021, 5:40 PM

Top News

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.
Microsoft - Investor Relations:
Microsoft reports FY'Q3 revenue of $41.7B, up 19% YoY, net income of $15.5B, up 44% YoY, revenue in Intelligent Cloud up 23% to $15.1B, Surface revenue up 12%  —  Microsoft Cloud Fuels Third Quarter Results REDMOND, Wash. — April 27, 2021 — Microsoft Corp. today announced the following results …
Sarah Perez / TechCrunch:
Spotify launches paid podcast subscriptions for creators in the US, at no cost to creators for two years and a 5% fee starting in spring 2023  —  Spotify today is officially rolling out paid podcast subscriptions, after first unveiling its new subscription platform at the company's “Stream On” event in February.
Nikkei Asia:
Sources: Apple's follow-up to its M1 chip has already gone into mass production, will be ready to ship in products slated for H2  —  TSMC-made chipsets to replace Intel offerings in laptops set to launch in 2H  —  TAIPEI — The next generation of Mac processors designed by Apple entered mass production …
Javier Espinoza / Financial Times:
Sources: EU will charge Apple with anticompetitive behavior later this week, over concerns that the rules it sets for developers on its App Store break EU law  —  Case began two years ago and is among a number against the US tech group  —  Margrethe Vestager, the EU's competition chief …
Patience Haggin / Wall Street Journal:
With iPhone's privacy changes, advertisers will get more ad-performance data for ads bought through Apple than via third parties, giving its ad business an edge  —  Under the iPhone maker's new rules, advertisers will get more ad-performance data for ads bought through Apple than through third parties
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.
Alfred Ng / The Markup:
Researchers say preinstalled Android apps can access a log where sensitive contact tracing app information is stored; Google says a fix is being rolled out  —  Researchers say hundreds of preinstalled apps can access a log found on Android devices where sensitive contact tracing information is stored
Sam Byford / The Verge:
Amazon debuts a new Fire HD 10 tablet, now thinner with a brighter screen for $150, a more powerful $180 Fire HD 10 Plus, a Fire Kids Pro tablet line, and more  —  There's also a new Fire Kids Pro lineup  —  Amazon is overhauling its tablet lineup today with new Fire HD 10 models alongside refreshed options for kids.
Catalin Cimpanu / The Record:
DC Police confirm a data breach after a ransomware gang threatens to release files that expose police informants unless the department agrees to pay a ransom  —  A ransomware gang is threatening to leak sensitive police files that may expose police investigations and informants unless …
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.
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.
Dean Takahashi / VentureBeat:
Arm says its new Neoverse V1 and N2 server chip platforms for HPC, datacenters, and edge, have at least 40% better processing over the previous generation  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  Arm unveiled the performance numbers …
Kellen Browning / New York Times:
Twitch has grown in popularity among many extremists and QAnon adherents, who turned away from Facebook and YouTube after a 2020 misinfo, hate speech crackdown  —  QAnon adherents and other far-right influencers are making thousands of dollars broadcasting election and vaccine conspiracy theories on the streaming site.
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 …
Byron Tau / Wall Street Journal:
A look at the risks posed by data, including geolocation, harvested from common apps for phones belonging to US intelligence officers and military personnel  —  Apps show troop movements buried in data available for purchase: ‘a major risk to national security’
Andalusia Knoll Soloff / Rest of World:
Many LatAm migrant workers in the US are using crypto to send money home; crypto exchange Bitso says it processes $1B+ per year in US remittances sent to Mexico  —  When traditional exchanges closed during the pandemic, many workers turned to crypto to send remittances home.  —  • ACAPULCO, MEXICO
Sarah Perez / TechCrunch:
US-based neobank Current raises $220M Series D led by a16z, roughly tripling its valuation in five months to $2.2B  —  U.S.-based challenger bank Current, which has now grown to nearly 3 million users, announced this morning it has raised a $220 million round of Series D funding, led by new investor Andreessen Horowitz (a16z).

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