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April 27, 2022, 11:15 PM
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| 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 19%+ — Meta Platforms, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2022.
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Wall Street Journal, The Information, Blockworks, Sky News, CNBC, Insider, Washington Post, UploadVR, CNN, Android Central, Wall Street Journal, CNBC, CBS News, The Wrap, MarketWatch, BBC, Telegraph, Daily Mail, The Guardian, Social Media Today, Deadline, With TAI, SiliconANGLE, Variety, Shacknews, and AdNews News
Tweets: @deitaone, @kurtwagner8, @mikeisaac, @ms75015577, @keubiko, @ddimolfetta, @rustybrick, @mikeisaac, and @deitaone
| 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.
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PYMNTS.com, AdExchanger, The Information, The Verge, The Block, Game Developer, The Block, Digital Trends, and VentureBeat
Facebook: Mark Zuckerberg. Tweets: @scobleizer, @lanshandle, @nathievr, @charlieblix, @patrickmoorhead, @tfadell, @scobleizer, @sadlyitsbradley, @nickstatt, and @alexeheath
| Daniel Howley / Yahoo Finance: |
Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B — Facebook parent company Meta (FB) reported its Q1 2022 earnings on Wednesday, meeting expectations for revenue, but falling short on earnings per share.| Kurt Wagner / Bloomberg: |
Facebook's daily active users grew 1.6% QoQ to 1.96B in Q1 2022, vs. 1.94B est., a return to growth after Facebook's first-ever QoQ user decline in Q4 2021 — Facebook's main social network added more users than projected in the first quarter, potentially staving off concerns that the company …
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Associated Press, TheStreet, Yahoo Finance, CNET, Channel NewsAsia, UPI, Al Jazeera, ZeroHedge, and Forbes. Tweets: @shiraovide
| 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?
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New York Magazine, Hunter Walk, BBC, and MIT Technology Review
Tweets: @elonmusk, @jeffbezos, @silvermanjacob, @karlbode, @bennyjohnson, @jamesrbuk, @fightfortheftr, @fmbutt, @silvermanjacob, and @pmarca
| Reuters: |
Opinion: Elon Musk's tweets suggest he is losing interest in buying Twitter; other considerations, like China holding Tesla for ransom, could also pose problems — Four years ago, Elon Musk vowed to set up a peanut brittle company to take on Warren Buffett's iconic U.S. confectioner See's Candies.| Ellery Biddle / Coda Story: |
A look at the impact outside the US if Twitter threw out its content rules and embraced an absolute commitment to free speech, including in India and Ethiopia — Musk's free speech absolutism could stoke conflict in countries like India and Ethiopia — While protest movements have risen and fallen …
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Benzinga. Tweets: @elonmusk, @senmarkey, @juddlegum, @samidh, @cernovich, @reckless, @isocockerell, @aprilaser, @juddlegum, @katia_patin, @elcalavero, and @parmy
| Billy Perrigo / TIME: |
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New York Times, The Guardian, Dave Lee, Wired, NBC News, and Washington Post
Tweets: @elonmusk, @rottenindenmark, @paraga, @jayshams, @rbreich, @carnage4life, @alexstamos, @alexstamos, @0knaomi, @alexstamos, @velodus, and @benedictevans
| Elizabeth Dwoskin / Washington Post: |
Replying to tweets from right-wing users, Elon Musk boosts criticism of Twitter executives Vijaya Gadde and Jim Baker, leading to more users joining the attacks — The targeting of employees by Musk's massive Twitter megaphone is a major concern for workers
Source:
@elonmusk and @elonmusk. More:
Platformer, Bloomberg, New York Times, Quartz, The Verge, Reason, The Guardian, and Engadget
Tweets: @daveleeft, @elonmusk, @willoremus, @rmfifthcircuit, @dickc, @dickc, @ev, @lizzadwoskin, @daveleeft, @esaagar, @iansherr, @cernovich, @esaagar, @jameeljaffer, @micsolana, @scotsfyre, @birnbaum_e, @esaagar, @willoremus, @taylorlorenz, @atrupar, @sheeraf, @slpng_giants, @esaagar, @dempmcgee, and @kellylsims
| 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
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The Atlantic, Insider, The Independent, TechCrunch, MobileSyrup, Mashable, and Github
Tweets: @donaldjtrumpjr, @tycardon, @oneunderscore__, @markhamill, @davidsirota, @esaagar, @willcain, @rvawonk, @rvawonk, @rvawonk, @rvawonk, @rvawonk, @rvawonk, @fischerking64, @mattgaetz, and @liz_wheeler
| Noah Bressner / Axios: |
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Associated Press, Reuters, and Agence France-Presse
Tweets: @elonmusk, @klasfeldreports, @crtrud, @jannwolfe, and @alisonfrankel
| Kurt Wagner / Bloomberg: |
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Washington Post, New York Times, The Guardian, and Fortune
Tweets: @elonmusk, @kairyssdal, @palmerreport, @danprimack, @sivavaid, and @bobcesca_go
| Ian Sherr / CNET: |
Apple debuts Self Service Repair in the US for iPhone 12, iPhone 13, and new iPhone SE models, and plans to expand to Europe and add M1 Macs by the end of 2022 — The tech giant says it's offering repair manuals online, along with giving everyday people the chance to buy parts and tools to repair devices themselves.
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iFixit News, Apple, U.S. PIRG, 9to5Mac, 9to5Mac, AppleInsider, The Register, VICE, Popular Science, Wall Street Journal, MacRumors, Softpedia News, MacRumors, Tom's Hardware, TechCrunch, MacRumors, The Verge, MacRumors, Associated Press, Engadget, AppleInsider News, AppleInsider, Lifewire, Ubergizmo, CNN, Ars Technica, iMore, RTTNews, Gizmodo, SlashGear, ZDNet, laptopmag.com, GSMArena.com, HYPEBEAST, Protocol, and Pixel Envy
Tweets: @kwiens, @lukemiani, @lukemiani, @repaircoalition, @nproctor, @basicappleguy, @basicappleguy, @basicappleguy, @stellafudge, @stellafudge, @ismh, @bzamayo, @eslivka, @kwiens, @alexguichet, @ismh, @thurrott, @snazzyq, @vadimyuryev, @vadimyuryev, @stellafudge, @idevicehelpus, @bzamayo, @snazzyq, @jason_koebler, @themadstone, @kevinriggle, @nickstatt, @detroitborg, @kwiens, @dlberes, @reneritchie, @iupdate, @bzamayo, and @chriswelch. Thanks:@iansherr
| 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 … | 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 …
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ABC7, Silicon Valley Business …, StateScoop, San Francisco Chronicle, Cointelegraph, SFGATE, and SFist
| 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.
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Agence France-Presse, Bitcoin Magazine, CNET, PYMNTS.com, Reuters, Blockworks, Associated Press, Gizmodo, Cryptonews, TechCabal, and Decrypt. Tweets: @rosebellk
| Will Sattelberg / Android Police: |
Google blocked 1M+ apps that violated its policies from being published on the Play Store in 2021, and banned 190K developer accounts for malicious behavior — No one wants some off-brand Candy Crush knockoff melting their phone — As smartphones become the primary device for millions of users … | Cecilia D'Anastasio / Bloomberg: |
Sources: Twitch is weighing reducing the subscription revenue cut for creators in its partner program from 70% to 50%, among other changes to boost its revenue — Twitch, the Amazon.com Inc.-owned live-streaming website, is weighing potential changes to how it pays top talent …
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Gizmodo, TheStreet, Input, TheGamer, BGR, Game Rant, Dot Esports, PCMag, Appuals.com, and Kotaku
Tweets: @film_girl, @caseynewton, @carnage4life, @somospostpc, @nottheclick, @carcinogensda, and @mrprowestie
| Reuters: |
Samsung reports Q1 operating profit of ~$11.1B, up 51% YoY, on revenue of ~$61.4B, up 19% YoY, driven by memory chip sales with 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 …
Source:
Samsung. More:
SiliconANGLE, Agence France-Presse, Nikkei Asia, ZDNet, SiliconANGLE, Bloomberg, and CNET. Tweets: @bryanbma
| Annie Palmer / CNBC: |
Amazon won't face penalties or fines after an OSHA probe into a deadly Illinois warehouse collapse killing six workers finds Amazon met minimal safety standards — - The Labor Department on Tuesday sent a letter to Amazon ordering it to review its severe weather policies after an investigation …
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VICE, St. Louis Business Journal, HuffPost, St. Louis Post-Dispatch, CBS News, KSDK-TV, Reuters, Newsweek, The Edwardsville Intelligencer, and The Verge
Tweets: @stltoday, @osha_dol, @annierpalmer, @christinedbyers, @zdroberts, @susanelkhoury, @teamsterrnf, @jamieson, @maximillian_alv, and @mattbroad15
| William Turton / Bloomberg: |
Sources: data obtained from Meta, Apple, Google, Snap, Discord, and others through fake legal requests have been used to harass women and sexually extort minors — Major technology companies have been duped into providing sensitive personal information about their customers in response …
More:
The Mac Observer, KnowTechie, and Krebs on Security
Tweets: @williamturton, @shiraovide, and @williamturton
| Saritha Rai / Bloomberg: |
Indian IT pioneer Nandan Nilekani, who helped develop the Aadhaar biometric ID project, is spearheading a government effort to build an open e-commerce system — He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program … | 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 …
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The Keyword, ZDNet, 9to5Google, PCMag, Softpedia News, Social Media Today, Neowin, Android Central, Search Engine Journal, and Engadget. Tweets: @mattnavarra
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