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April 28, 2022, 1:45 AM
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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, CNBC, Sky News, Insider, The Information, Blockworks, Android Central, Washington Post, Wall Street Journal, With TAI, Telegraph, UploadVR, SiliconANGLE, Variety, Shacknews, The Guardian, CNBC, CBS News, AdNews News, The Wrap, Deadline, Daily Mail, and Financial Times
Tweets: @deitaone, @kurtwagner8, @gunjanjs, @bornarci, @tier10k, @mikeisaac, @ms75015577, @keubiko, @deitaone, @rustybrick, @mikeisaac, @epro, @deitaone, @jason_kint, @samifathi_, @ldignan, and @alexeheath
| 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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Reuters, The Block, Cointelegraph, PYMNTS.com, AdExchanger, The Information, The Verge, VentureBeat, Digital Trends, and Game Developer
Facebook: Mark Zuckerberg. Tweets: @scobleizer, @lanshandle, @nathievr, @charlieblix, @patrickmoorhead, @tfadell, @sadlyitsbradley, @scobleizer, and @nickstatt
| 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: |
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Associated Press, TheStreet, Yahoo Finance, ZeroHedge, Forbes, UPI, and Reuters
Tweets: @shiraovide, @matthew41905514, and @shiringhaffary
| Aisha Malik / TechCrunch: |
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The Verge, Financial Times, and Tubefilter
Tweets: @munster_gene, @kimbenabib, @politics1com, @munster_gene, and @munster_gene
| 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, Benzinga, Hunter Walk, BBC, Slate, and MIT Technology Review
| 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, TechCrunch, Australian Financial Review, Github, Mashable, MobileSyrup, and Protocol
| 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.
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Benzinga, Reuters, and Australian Financial Review
Tweets: @bgrueskin, @rmac18, and @ibd_ecarson
| Ellery Biddle / Coda Story: |
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BBC and Benzinga
Tweets: @elonmusk, @senmarkey, @mcuban, @mcuban, @samidh, @isocockerell, @aprilaser, @juddlegum, @elcalavero, @partymanrandy, @jason_kint, @cernovich, and @mehdirhasan
| Billy Perrigo / TIME: |
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New York Times, Financial Times, The Guardian, Wired, and Dave Lee
Tweets: @elonmusk, @rottenindenmark, @paraga, @jayshams, @rbreich, @carnage4life, @alexstamos, @alexstamos, @alexstamos, @velodus, @benedictevans, and @timobrien
| 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, 9to5Google, ZDNet, PCMag, Social Media Today, Neowin, Search Engine Journal, Engadget, Softpedia News, and iPhone in Canada Blog
Tweets: @mattnavarra and @pedrodias
| 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 …
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Wired, Reuters, Axios, GeekWire, BleepingComputer, CyberScoop, New York Times, Security Affairs, The Hill, Ars Technica, Associated Press, and NBC News
| 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, Fossbytes, VICE, AppleInsider, Wall Street Journal, MacRumors, Tom's Hardware, MacRumors, TechCrunch, MacRumors, The Verge, Lifewire, Ubergizmo, MacRumors, Ars Technica, iMore, AppleInsider News, Associated Press, RTTNews, ZDNet, laptopmag.com, HYPEBEAST, Protocol, Popular Science, Pixel Envy, CRN, AppleInsider, iDownloadBlog.com, TechSpot, Android Authority, AppleTrack, and iDownloadBlog.com
Tweets: @kwiens, @grassrootsapple, @bzamayo, @jason_koebler, @themadstone, @repaircoalition, @vadimyuryev, @kevinriggle, @alexguichet, @nickstatt, @stellafudge, @detroitborg, @kwiens, @eslivka, @basicappleguy, @lukemiani, @dlberes, @lukemiani, @reneritchie, @bzamayo, @vadimyuryev, @stellafudge, @idevicehelpus, @iupdate, @kwiens, @thurrott, @bzamayo, @chriswelch, @brianroemmele, @parkerortolani, @basicappleguy, @basicappleguy, @ismh, and @nproctor. Thanks:@iansherr
| 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, StateScoop, Silicon Valley Business …, San Francisco Chronicle, SFist, Cointelegraph, and SFGATE
| 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 …
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Google Online Security Blog and Neowin
| 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, Reuters, Gizmodo, TechCabal, CNET, Decrypt, and FXStreet. Tweets: @rosebellk
| 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, Engadget, Agence France-Presse, Nikkei Asia, ZDNet, CNET, SamMobile, SiliconANGLE, and Bloomberg. Tweets: @bryanbma
| Lauren Kaori Gurley / VICE: |
Internal email: Amazon 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| 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 … | Saritha Rai / Bloomberg: |
Indian IT pioneer Nandan Nilekani, who helped develop the Aadhaar biometric ID system, is spearheading a government effort to build an open e-commerce network — He co-founded software powerhouse Infosys Ltd., became a billionaire and went on to spearhead a colossal government program …
Tweets: @saritharai
| Kim Masters / The Hollywood Reporter: |
An in-depth look at what went wrong at Netflix; sources say VP of content Cindy Holland's departure in 2020 led to Netflix prioritizing quantity over quality — As rivals toggle between schadenfreude and fear, top creators and insiders are increasingly becoming vocal about what's gone wrong with the streaming giant's culture.| PYMNTS.com: |
Ondo Finance, which is building a decentralized investment bank focused on stakeholders in DeFi, raises a $20M Series A led by Founders Fund and Pantera Capital — Ondo Finance has raised $20 million in a Series A funding round designed to support its project of “building a decentralized investment bank … Sponsor Posts
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