Techmeme
April 29, 2021, 9:55 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 …
Chance Miller / 9to5Mac:
Tim Cook says supply shortages will likely impact the Mac and iPad lineups in Q3 due to “legacy node” chip production that uses older manufacturing methods  —  Apple just reported record earnings for Q2 2021, but the company is also warning of supply shortages affecting the Mac and iPad lineups.
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:
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.
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 …
Chaim Gartenberg / The Verge:
Google finally gives users a way to search through Stadia's 172 games, 526 days after the service's launch  —  If only Google knew anyone with experience building search engines  —  Stadia is an online game streaming service from Google, a company that is practically synonymous with search engines …
Gilad Edelman / Wired:
Q&A: Evelyn Douek, a lecturer and Ph.D. student at Harvard studying online speech regulation, on why a “proportional” approach to online speech is a good thing  —  Major platforms' policies aren't actually inspired by the First Amendment.  This legal scholar says that's a good thing.
Natalia Drozdiak / Bloomberg:
Manna, a drone delivery service for food, groceries, and more, raises $25M Series A led by Draper Esprit to expand into the US and add more services  —  - Manna has hired former Google Wing executive to head up U.S.  — Series A led by Draper Esprit with Team Europe, DST Global

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
What's new in Zoho Tables with Apple's latest OS updates  —  Your work shouldn't slow you down when you're on the move.With our latest updates for iOS 27, we're bringing more of Apple Intelligence …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!

Featured Podcasts

Sources:
OpenAI's Dots lead on the future of ChatGPT
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Great Chat:
What does the tech industry owe San Francisco?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Uncapped with Jack Altman:
David George from a16z
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:55 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

Earlier Picks

Ben Lovejoy / 9to5Mac:
Josef Adalian / Vulture: