Techmeme
April 27, 2022, 2:30 AM

Top News

Mike Masnick / Techdirt:
Twitter has aggressively defended users' privacy and free speech rights, pushing back on unmasking subpoenas; it's unclear if this will continue under Musk  —  For all the talk of how Elon Musk wanted to buy Twitter to make it more supportive of free speech, there remain a ton of questions about what it will actually mean in practice.
Vlad Savov / Bloomberg:
Highlighting China's importance to Tesla, Jeff Bezos asks if Elon Musk's Twitter takeover gives the Chinese government “a bit of leverage over the town square”  —  Amazon.com Inc. founder Jeff Bezos posed a provocative question after Elon Musk clinched a $44 billion takeover of Twitter Inc. …
Politico:
Sources: in a meeting, Twitter's top lawyer Vijaya Gadde reassured staff and cried as she expressed concerns about how the company could change under Elon Musk  —  Monday was an emotional day at Twitter — even for its executives.  —  Shortly after billionaire Elon Musk bought …
Bloomberg:
Sources: Twitter locked down product updates through Friday to limit unauthorized changes by miffed employees after accepting Elon Musk's $44B bid  —  Twitter Inc. locked down changes to its social networking platform through Friday after accepting a $44 billion bid from billionaire Elon Musk …
Kurt Wagner / Bloomberg:
Kurt Wagner / Bloomberg:
Siva Vaidhyanathan / Slate:
Javier Espinoza / Financial Times:
@jack:
Financial Times:
Alphabet - Investor Relations:
Alphabet reports Q1 revenue of $68.01B, up 23% YoY, net income of $16.44B, down from $17.93B YoY; traffic acquisition costs up 23%; stock drops 4%+ after hours  —  MOUNTAIN VIEW, Calif. - April 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2022.
Robert Hof / SiliconANGLE:
Google Cloud hit $5.82B in Q1 sales, up from $4.05B YoY and above estimates of $5.75B, and an operating loss of $931M, down from $974M YoY  —  A slowdown in spending on advertising amid the Russian war on Ukraine and the continuing pandemic took a small toll on Google parent Alphabet Inc. today …
Kif Leswing / CNBC:
Alphabet says that its board of directors authorized $70B in share repurchases, a major step up from 2021's $50B authorization and 2019's $25B authorization  —  - Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year's authorization …
More: Forbes, CNET, and Reuters
Filipe Espósito / 9to5Mac:
New Apple Studio Display beta firmware offers minimal webcam quality improvements, suggesting software is not the issue; the culprit may be the ultra-wide lens  —  When Apple announced Studio Display, it promised “sensational” webcam quality.  However, as customers got their hands on the product …
Microsoft - Investor Relations:
Microsoft reports Q3 revenue of $49.4B, up 18% YoY, net income of $16.7B, up 8% YoY, Office revenue up 12%, LinkedIn revenue up 34%, Windows OEM revenue up 11%  —  Earnings Release FY22 Q3 - REDMOND, Wash. — April 26, 2022 — Microsoft Corp. today announced the following results …
Dina Bass / Bloomberg:
Under the Hood:
Robinhood plans to let go of ~9% of its full-time employees, after growing its headcount from 700 to nearly 3,800 from 2019 to 2021; stock drops ~5% after hours  —  Robinhood CEO Vlad Tenev shared the below to Robinhood employees following a company-wide meeting to discuss the changes.
Jon Porter / The Verge:
Google releases Android 13 Beta 1, which adds developer features like permissions for more granular access to media files and anticipatory audio routing APIs  —  The first public beta is here  —  The first public beta of Android 13 is now available for anyone with a compatible Pixel device …
Lorenzo Franceschi-Bicchierai / VICE:
A leaked document written by some Facebook ad team privacy engineers: Meta has an inadequate level of “control and explainability over how our systems use data”  —  “We do not have an adequate level of control and explainability over how our systems use data,” Facebook engineers say in leaked document.

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Anne Tergesen / Wall Street Journal: