Techmeme
April 28, 2022, 8:35 AM

Top News

Meta:
Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 15%+  —  Meta Platforms, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2022.
Nelson Wang / CoinDesk:
Meta's Reality Labs division posts a $2.96B loss in Q1 2022, up from a $1.8B loss in Q4 2021, on revenue of $695M, and says Reality Labs has ~17,000 employees  —  Facebook's parent company reported revenue of $695 million for the division, which beat analysts' expectations.
Kurt Wagner / Bloomberg:
Aisha Malik / TechCrunch:
Mitchell Clark / The Verge:
Google now accepts requests to remove Search results that include users' contact info, like physical addresses, phone numbers, and emails, and login credentials  —  If you put in a request and it agrees they're harmful  —  Google says it's expanding the types of personal information …
Tom Burt / Microsoft On the Issues:
Microsoft says at least six Russia-aligned actors launched 237+ cyberattacks against Ukraine from Feb. 23 to Apr. 8, including ~40 threatening civilian welfare  —  Tom Burt - Corporate Vice President, Customer Security & Trust  —  Today, we released a report detailing the relentless …
Reuters:
Samsung reports Q1 operating profit of ~$11.1B, up 51% YoY, on revenue of ~$61.4B, up 19% YoY, driven by memory chip revenue of ~$21.23B, up 39% YoY  —  Samsung Electronics Co Ltd (005930.KS) reported a 51% rise in quarterly profit on Thursday, posting its highest first-quarter profit since 2018 …
Lauren Feiner / CNBC:
Twitter reports Q1 revenue of $1.2B, up 16% YoY but below estimates, and $513M net income; mDAUs reached 229M; Twitter will offer no guidance pending Musk's bid  —  - Twitter is set to report earnings for the first quarter of 2022.  — It could be one of its last as a public company …
Financial Times:
In an email to advertisers, Twitter insists it will remain a safe place for brands after Elon Musk's takeover, as campaign groups predict rising toxicity  —  Campaigners and car manufacturers among groups to express concern over Tesla chief's $44bn takeover
Billy Perrigo / TIME:
Joanna Stern / Wall Street Journal:
An overview of the iPhone's autocorrect feature and how it has evolved, including an interview with Ken Kocienda, who created the autocorrect keyboard software  —  Tpying truble?  During the iPhone's first 15 years, its keyboard software has evolved, but it still sometimes flubs your lines.
Corin Faife / The Verge:
Study of 100 popular Twitter accounts: two days after Twitter accepted Elon Musk's bid, conservatives gained 17,229 followers on average and liberals lost 6,062  —  Social media data analyzed by The Verge shows conservative accounts winning and liberals losing out
BBC:
Central African Republic lawmakers vote unanimously to adopt bitcoin as legal tender, the second country to use bitcoin as official currency after El Salvador  —  The Central African Republic (CAR) has approved Bitcoin as legal tender - just the second country to do so.
Mary Ann Azevedo / TechCrunch:
Sources: PayPal is closing its San Francisco office, which houses its Xoom unit, as it evaluates its global footprint; staff from the office will work virtually  —  PayPal is shuttering its San Francisco office as it evaluates its global office footprint.  —  Multiple sources say the payments giant …
Lily Hay Newman / Wired:
Experts speculate as to what Elon Musk's takeover means for Twitter users' privacy; some worry that there is nothing stopping him from accessing users' DMs  —  The social network's user data and more will soon be at the whims of the world's richest man.  Who's worried?
Lauren Kaori Gurley / VICE:
Internal email: Amazon now permanently lets its warehouse workers keep their cell phones while they work, after temporarily lifting its ban during the pandemic  —  The concession to warehouse workers follows the first union victory at an Amazon warehouse in US history.  —  Lauren Kaori Gurley

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