Techmeme
July 27, 2021, 11:15 PM

Top News

Apple:
Apple reports Q3 revenue of $81.4B, up 36% YoY, net income of $21.7B, up from $11.2B YoY, Services sales of $17.4B, up from $13.2B YoY, iPhone sales of $39.6B  —  Revenue up 36 percent to new June quarter record  —  Services revenue reaches new all-time high
Kif Leswing / CNBC:
Apple's greater China sales in Q3 were up 58% YoY to $14.76B, Americas grew 33% to $39.57B, paid Services subscribers grew to 700M, up 150M YoY  —  - Apple reported strong fiscal third-quarter earnings on Tuesday, demolishing Wall Street expectations.  — Every one of Apple's major product lines grew over 12% on an annual basis.
Microsoft - Investor Relations:
Microsoft reports Q4 revenue up 21% YoY to $46.2B, net income up 47% YoY to $16.5B, commercial cloud revenue up 36% YoY to $19.5B, LinkedIn revenue up 46% YoY  —  Earnings Release FY21 Q4 REDMOND, Wash. — July 27, 2021 — Microsoft Corp. today announced the following results for the quarter ended June 30 …
Alphabet - Investor Relations:
Alphabet reports Q2 revenue of $61.88B, up 62% YoY, operating income of $19.36B, up 31% YoY, Google Cloud operating loss down to $591M; stock up 2%+ after hours  —  MOUNTAIN VIEW, Calif. - July 27, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2021.
Jason Schreier / Bloomberg:
Activision Blizzard staff aim to walk out on Wednesday, demanding fairer treatment for underrepresented staff and ending arbitration clauses in staff contracts  —  Bobby Kotick said in an all-staff email that the company's recent actions were ‘tone deaf’  —  Activision Blizzard Inc. Chief …
The Guardian:
Facebook will restrict how advertisers can target users under 18 across Facebook, Instagram, and Messenger, only allowing age, gender, and location targeting  —  Advertisers on Instagram, Facebook and Messenger will no longer be able to market to under 18s based on their interests
Olivia Solon / NBC News:
Instagram announces changes for teen accounts, including making them private by default and restricting messages from “suspicious” adults  —  Instagram has introduced protections for its teenage users to default young people into private accounts and make it harder for “suspicious” …
Ian Carlos Campbell / The Verge:
In the new iPadOS 15 beta, Apple makes its controversial Safari redesign optional, letting users choose a more conventional tab layout in settings  —  Enable the new (bad) tab experience in settings  —  Apple has started trickling out its fourth iOS and iPadOS 15 betas …
Sarah Perez / TechCrunch:
Twitter hires the team that built Brief, a subscription-based news summary app founded by former Google employees; the app will wind down July 31  —  Twitter's recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief.
Ian Hamilton / UploadVR:
Facebook is recalling ~4M foam face masks for Oculus Quest 2, after reports of irritation; Quest 2 goes on sale again Aug. 24 with improved 128GB base storage  —  Oculus Quest 2 sales are paused as Facebook adds a silicon cover to the boxes of every new headset, following reports of facial skin irritation with the original foam.
Larry Dignan / ZDNet:
AMD Q2: revenue of $3.85B, up 99% YoY, Computing and Graphics revenue of $2.25B, up 65% YoY, Enterprise, Embedded and Semi-Custom revenue of $1.6B, up 183% YoY  —  The company reported second quarter earnings of 58 cents a share on revenue of $3.85 billion, up 99% from a year ago.
Arielle Pardes / Wired:
SensorTower: Clubhouse had 484K global installs from July 21 to 25, up 17% from the previous five days, after moving from invite-only to general availability  —  Just a few days after ditching its invite-only status, the audio chat app had fewer than 500,000 new downloads.
Taylor Hatmaker / TechCrunch:
Discord debuts threaded conversations, which auto-archive after 24 hours of inactivity and will roll out by Aug. 17, and a premium feature for private threads  —  After announcing that threads were on the way earlier this year and teasing the feature on Twitter, Discord is now introducing …
Washington Post:
Survey of 20,699 Americans: those who rely on Facebook for COVID-related news are less likely to get vaccinated than average and less likely than Fox viewers  —  Biden said social media companies are ‘killing people’ by spreading vaccine misinformation  —  The White House has been sharply critical …
Thomas Claburn / The Register:
Following appliance energy efficiency laws in CA, CO, HI, OR, VT, and WA, Dell has stopped shipping select power-hungry PCs in those markets  —  Energy efficiency rules appears to be limiting the availability of gaming rigs  —  Dell is no longer shipping energy-hungry gaming PCs to certain states …
Jane Lee / Reuters:
New York-based Bubble, which offers no-code tools to build web apps, raises $100M led by Insight Partners and says it has over 1M users globally  —  Bubble, a New York based startup that allows non-coders to design and create web applications, said on Tuesday it raised $100 million …
Eshe Nelson / New York Times:
A look at the rise of ultra-fast grocery delivery startups, some with a goal of 10-minute deliveries, across major cities, led by Turkish startup Getir  —  Venture capital's newest darling is the online rapid grocery delivery industry.  Getir, a six-year-old Turkish company …

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