Techmeme
April 28, 2021, 4:32 PM

Top News

Manish Singh / TechCrunch:
Facebook hid all posts with “#ResignModi” in India; now it says the posts with the hashtag have been restored and it is looking into what happened  —  Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Facebook - Investor Relations:
Facebook reports Q1 revenue of $26.2B, up from $17.7B YoY, MAUs of 2.85B, up 10% YoY, headcount of 60,654, up 26% YoY, avg. ad price up 30% YoY; stock rises ~5%  —  MENLO PARK, Calif., April 28, 2021 /PRNewswire/ — Facebook, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2021.
Monica Chin / The Verge:
Samsung announces two lightweight laptops with OLED screens: the Galaxy Book Pro, starting at $1K, and the Galaxy Book Pro 360, a convertible starting at $1.2K  —  Premium screens and premium features  —  Samsung has announced two new Galaxy Book devices: the Galaxy Book Pro …
Tom Warren / The Verge:
Anne Steele / Wall Street Journal:
Spotify reports Q1 profit of €23M, up from €1M a year earlier, revenue of €2.15B, up 16% YoY, 356M MAUs, up 24% YoY, and 158M paid subscribers, up 21% YoY  —  Audiostreaming platform warns of uncertain growth as newer markets endure a surge in coronavirus cases
Sarah Perez / TechCrunch:
Abner Li / 9to5Google:
Mighty debuts a premium Chromium-based macOS browser, now invite-only, that “entirely streams” from cloud, can load “hundreds” of tabs without stalling a Mac  —  With the underlying concept popularized by Stadia and other game services, Mighty wants to stream an entire Chromium browser from the cloud.
Josef Adalian / Vulture:
Netflix launches Play Something, an opt-in viewing mode that gives the service a more TV-like feel to fight viewers' decision fatigue  —  Ten years ago, Netflix got the idea that its app should work more like regular TV.  This was early on in its transition from DVD delivery to streaming on demand …
Jennifer Elias / CNBC:
YouTube is on pace to book between $29B and $30B in revenue in 2021, equaling Netflix's expected revenue of $29.7B for the year  —  - YouTube is on pace to bring in annual revenue comparable to Netflix's.  — The Google-owned video platform is seeing a rise in more traditional television advertisers.
Chaim Gartenberg / The Verge:
The Consumer Technology Association says CES will return to Las Vegas as an in-person event in 2022, and will be held from January 5 to 8  —  The world's biggest tech conference is back  —  The Consumer Electronics Show (CES) is officially returning to an in-person format in Las Vegas in 2022 …
Nilay Patel / The Verge:
Interview with Senator Amy Klobuchar on her new book about antitrust, why she doesn't think reining in the App Store will harm the Apple ecosystem, and more  —  My guest today is Senator Amy Klobuchar, the Democrat from Minnesota who has taken up the role of antitrust enforcer in the Senate under the Biden administration.
Ron Miller / TechCrunch:
Twilio rival MessageBird raises $800M as an extension to its $200M Series C from last October and acquires email marketing service SparkPost for $600M  —  MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements.
Joanna Ossinger / Bloomberg:
JPMorgan partners with Singapore's Temasek and DBS Group Holdings to create a blockchain-based platform for payments, trade, and foreign exchange settlement  —  JPMorgan Chase & Co. is teaming up with Singapore's Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform …
Paul Sawers / VentureBeat:
OpenSpace, which helps construction companies track projects with AI-powered analytics and photo documentation, raises $55M Series C after raising ~$16M in 2020  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  OpenSpace, a platform …
Nikkei Asia:
Sources: Apple is trimming planned production of AirPods by 25% to 30%, now expecting to make 75M-85M in 2021, compared with previous forecast of 110M  —  Wireless earphones face heated competition from Samsung, Xiaomi and others  —  TAIPEI — Apple is trimming its planned production …
Sam Byford / The Verge:
Sony reports Q4 PlayStation operating profit of $3.14B, on sales of 7.8M PlayStation 5 consoles as of March 31, and 47.6M PS Plus subscribers, up 14.7% YoY  —  3.3 million moved from January to March  —  Sony has sold 7.8 million PlayStation 5 consoles as of March 31st, the company says in its latest earnings report.
Business Wire:
Apple Reports Second Quarter Results  —  Revenue up 54 percent to new March quarter record  —  Services and Mac revenue reach new all-time high  —  CUPERTINO, Calif.—(BUSINESS WIRE)—Apple® today announced financial results for its fiscal 2021 second quarter ended March 27, 2021.

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