Techmeme
July 28, 2021, 6:45 AM

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.
Kif Leswing / CNBC:
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 …
Tom Warren / The Verge:
Global chip shortage dampens Microsoft's Q4 Surface revenue, down 20% YoY, and Windows OEM revenue, down 3% YoY  —  Cloud and Office say the revenue day  —  Microsoft posted the fourth quarter of its fiscal 2021 financial results today, reporting revenue of $46.2 billion and a net income of $16.5 billion.
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 3%+  —  MOUNTAIN VIEW, Calif. - July 27, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2021.
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:
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 …
Jonathan Greig / ZDNet:
Google announces a new bug bounty program, called Bug Hunter University, and says the existing program found 11,055 bugs from 2,022 researchers, paying ~$30M  —  The platform includes a new “Bug Hunter University.”  —  Google announced a new bug bounty platform as it celebrated …
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 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 …
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.
Bloomberg:
China orders Tencent and 13 other developers to rectify problems with “harassing” pop-ups in apps, often used for ads, giving them until August 3  —  - Apps must resolve misleading pop-up content by Aug. 3  — Tech rout deepens, amid tightening content restrictions
Bloomberg:
Insiders suggest China's internet companies, which have long emulated SV's founder-driven model, will align more with China's leadership after tech crackdown  —  On the fourth floor of a harborside mall on Grand Cayman, not far from touristy scuba-diving outlets and a jerk-chicken shack …
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 …
Kyle Wiggers / VentureBeat:
InVia Robotics, which offers robotics as a service for warehouse automation, raises $30M Series C led by Microsoft's M12 Ventures and Qualcomm  —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  InVia Robotics, an industrial robotics company based in Los Angeles …
Paul Sawers / VentureBeat:
Treeverse, which develops an open source Git-like service for data lakes, raises $23M Series A from Dell Technologies Capital and others  —  All the sessions from Transform 2021 are available on-demand now.  Watch now.  —  Let the OSS Enterprise newsletter guide your open source journey!

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Zoho:
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