Techmeme
July 28, 2021, 6:05 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:
Apple warns that supply constraints due to “legacy node” chip production will be worse in Q4 than in Q3 and will likely affect sales of the iPhone and iPad  —  - Apple reported a blowout quarter on Tuesday, driven by sales of iPhones, which were up 50% annually to $39 billion in sales.
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 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:
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 …
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 …
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.
Nicole Wetsman / The Verge:
A Harvard biostatistician is reconsidering plans to use Apple Watch as part of a study after finding inconsistencies in heart rate variability data collected  —  Algorithms can change without warning  —  A Harvard biostatistician is rethinking plans to use Apple Watches as part of a research study …
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.
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 …
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!
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 …
Mary Ann Azevedo / TechCrunch:
Brazil-based Pipo Saude, which sells and manages healthcare benefits for other companies, raises $20M Series A led by Thrive Capital  —  Pipo Saude, a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding.
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.
Krithika Varagur / Wall Street Journal:
A look at the role of social media manager, which has evolved from a position commonly filled by millennial interns into a more professionalized discipline  —  Some social-media veterans have been at their jobs for 15 years at this point and have unprecedented sway

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