Techmeme
April 29, 2021, 4:20 AM

Top News

Apple:
Apple reports record Q2 revenue of $89.6B, up 54% YoY, net income of $23.6B, up from $11.2B YoY, iPhone sales of $47.9B, up from $29B YoY  —  Revenue up 54 percent to new March quarter record  —  Services and Mac revenue reach new all-time high  —  Apple today announced financial results …
Malcolm Owen / AppleInsider:
Apple Q2: record Mac sales of $9.1B, up from $5.4B last year, iPad sales of $7.8B, up from $4.4B, Wearables, Home, and Accessories sales of $7.8B, up from $6.3B  —  Apple earned $89.6 billion in revenue for the second fiscal quarter of 2021, a huge Wall Street beat attributed in large part …
Alex Weprin / Hollywood Reporter:
Apple says it has 660M subscriptions across its platform; Apple Q2 Services revenue hit a record $16.9B, up from $13.3B a year ago  —  The tech giant's overall revenue hit $89.6 billion, up 54 percent from a year prior.  —  Apple's services business is off to a hot start in 2021.
Chance Miller / 9to5Mac:
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.
Stephanie Condon / ZDNet:
Facebook says Q1 ad revenue was $25.4B, up 46% YoY, expects continued growth in Q2, with headwinds in H2 due to regulatory changes and Apple's iOS 14.5 update  —  The average price per ad in Q1 increased by 30 percent year-over-year, driving up Facebook ad revenue growth.
Chaim Gartenberg / The Verge:
After 526 days of its initial launch, Google finally gives users a way to search through Stadia's 172 games available on the service  —  If only Google knew anyone with experience building search engines  —  Stadia is an online game streaming service from Google, a company …
Manish Singh / TechCrunch:
Facebook blocked all posts with “#ResignModi” in India, says they were blocked by mistake and not due to a govt. order, and that posts have now been restored  —  Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Kurt Schlosser / GeekWire:
Amazon will invest $1B+ to increase wages for more than 500K of its warehouse workers by $.50 to $3 an hour, rolling out from mid-May to early June  —  Amazon announced Wednesday that it plans to invest more than $1 billion in wage increases for its operations workers, promising raises …
Ben Lovejoy / 9to5Mac:
Associated Press:
A federal appeals court rules that plans for 3D-printed “ghost guns” can be posted online without US State Department approval, reinstating a Trump admin order  —  SAN FRANCISCO (AP) — Plans for 3D-printed, self-assembled “ghost guns” can be posted online without U.S. State Department approval …
More: Bloomberg
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 …
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.
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 …
Mike Butcher / TechCrunch:
Berlin-based digital asset custody and financial services provider Finoa raises $22M Series A led by Balderton Capital  —  Institutions need to keep their crypto assets somewhere.  And they aren't going to keep it on some random, or consumer-grade crypto operation.  This requires more sophisticated technology.
Levi Sumagaysay / MarketWatch:
eBay reports Q1 revenue of $3.0B, up 42% YoY and profits of $641M, as GMV rose 29% to $27.5B, while active buyers increased 7% to 187M worldwide; stock down 5%+  —  EBay Inc.'s first-quarter results beat expectations on growth in its core categories, namely sneakers and luxury watches, the company said Wednesday.
More: ZDNet and Bloomberg
Manish Singh / TechCrunch:
ElasticRun, which helps neighborhood stores in India secure capital and boost sales by working with e-commerce firms, raises $75M Series D  —  A startup that is helping over 125,000 neighborhood stores in India secure working capital, inventory from top brands, and work with e-commerce firms …

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Niantic Lightship ARDK:
AR App Development Evolved: Join Niantic November 8, 2021  —  Create your own AR Real-World Metaverse with the Niantic Lightship ARDK.  Be part of the launch and join our virtual keynote November 8, 2021.
Arm DevSummit:
Spark the World's Potential at Arm DevSummit 2021  —  Gain priceless insights and build inimitable connections with industry-leading developers and engineers at the virtual event where hardware and software join forces.
Zoho:
Zoho Sign for iOS 15 and iPadOS 15: Smarter widgets, keyboard shortcuts and more  —  Apple unveiled iOS 15 and iPadOS 15 at their WWDC event in June this year where the talk was all about focus and user experience.
Techmeme Ride Home:
Fri. 09/24 - China: No, Really. No Crypto.
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:20 AM ET, April 29, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Mary Ann Azevedo / TechCrunch:

Earlier Picks

Ron Miller / TechCrunch:
Jennifer Elias / CNBC: