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April 29, 2022, 9:25 AM
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| Bloomberg: |
Sources: during Twitter deal negotiations, Elon Musk said he would be focused on the company's bottom line and floated the idea of cutting both costs and jobs — As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused …
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CNBC, Insider, TechCrunch, Financial Times, Wall Street Journal, The Verge, Washington Post, The Guardian, Benzinga, International Business Times, New York Times, and Tech Xplore
Tweets: @michaeldell, @carnage4life, @ishaantharoor, @reckless, @kairyssdal, @dudejohan, @ivanthek, @danprimack, @lopezlinette, and @goldman
| Rebecca Elliott / Wall Street Journal: |
Filings: Elon Musk sold roughly $4B worth of Tesla stock in two days after agreeing to buy Twitter, at prices between $870 and $1,000 per share — The Tesla chief executive reported selling more than 4.4 million shares on Tuesday and Wednesday — Elon Musk sold roughly $4 billion worth …
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CNBC, Finbold, BBC, TheStreet, TIME, City A.M., Benzinga, Financial Times, New York Post, The Economic Times, Electrek, Tech in Asia, Hollywood Reporter, Aarav's Newsletter, and Mashable. Tweets: @elonmusk
| Reuters: |
Sources: Elon Musk has lined up a new CEO for Twitter and told banks about ideas for monetizing tweets like charging a fee for quoting or embedding tweets — Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive …
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TechCrunch, Protocol, TNW, Silicon Republic, Financial Times, BGR India, Coinspeaker, Benzinga, Bloomberg, and International Business Times
Tweets: @somebadideas, @stribs, @austinflack, @dylanreeve, @marypcbuk, @edbott, @stand_for_all, @proforganizer, @wavesblog, @davoyager, @venkatananth, @societyofhonor, @omarjsakr, @peterkwells, @peeotus8, @econreporter, @tomwarren, @ppavnr, @ianbetteridge, @business_today, @kirbeep, @upulie, @tyleraking, @andyboxall, @readkrystalhu, @alexhern, and @karissabe. Thanks:@readkrystalhu
| Business Wire: |
Apple reports Q2 revenue of $97.3B, up 9% YoY, $25B net income, up from $23.6B YoY, authorizes an additional $90B in share repurchases, and hikes dividend by 5% — Revenue up 9 percent to new March quarter record — Services revenue reaches new all-time high
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Bloomberg, Macworld, Coinspeaker, iThinkDifferent, Transistori, Tech-pigułka, and New York Times
Tweets: @jsnell, @jsnell, @neilcybart, @kirkburgess, @stevekovach, @asymco, @ryanreith, @inafried, @epro, @iansherr, @susanlitv, @benbajarin, @caro_milanesi, @neilcybart, @anthony, @neilcybart, @iansherr, @kfury, @darth, and @darth
| Kif Leswing / CNBC: |
Apple Q2 revenue: $50.57B from iPhone, up 5.5% YoY, $10.44B from Mac, up 14.7% YoY, $7.65B from iPad, down 1.9% YoY, and $8.8B from other products, up 12.4% YoY — - Apple's revenue grew nearly 9% year over year during the quarter ended in March. — But shares fell nearly 4% …
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Wall Street Journal, The Verge, MacRumors, 9to5Mac, Ars Technica, Six Colors, Fossbytes, Coinspeaker, iMore, iPhone Hacks, MobileSyrup, CRN, AppleInsider, and iPhone in Canada Blog
Tweets: @jsnell, @cnbc, @cnbcnow, @brandonbutch, @jsnell, @jsnell, @htsfhickey, @neilcybart, @neilcybart, @kantrowitz, @jyarow, @jyarow, @joannastern, @kifleswing, @alex, @neilcybart, @munster_gene, @munster_gene, @asymco, @neilcybart, @jimcramer, @samifathi_, @wsj, and @jsnell
| Reuters: |
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Silicon Republic, Digital Trends, CNET, iMore, and TechCrunch
Tweets: @patrickmcgee_, @asymco, @greengart, @asymco, @daveleeft, @asymco, @caro_milanesi, and @patrickmcgee_
| Romain Dillet / TechCrunch: |
Snap announces Pixy, a $230 mini drone that can capture 2.7K videos and 12MP photos, syncs with Snapchat, and weighs 101g, available in the US and France — Meet Pixy, Snap's little flying companion. Pixy is a mini drone that can act as a camera sidekick when you can't ask someone to take a video of you.
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The Verge, Android Authority, Insider, newsroom.snap.com, AppleInsider, FCC, Android Headlines, Mashable, YouTube, Android Police, and Engadget
Tweets: @caseynewton, @mattnavarra, @cszechy, @sabourmaryam, @libshipwreck, @hypervisible, @vadimyuryev, @droneanalyst, @harrymccracken, @itsalexclark, @reckless, @vjeranpavic, @dcseifert, @pierce, @bigblackjacobin, @casey, @pt, @qwongsj, @brianroemmele, @alexeheath, @awallenstein, @joannastern, @alexhern, @alexeheath, @mgsiegler, @sarahintampa, @jetscott, @scobleizer, @kylebrussell, @martinsfp, @trevorcroker, @jaypeters, @mcproulx, @parkerortolani, and @mcwm
| Alex Hern / The Guardian: |
Snap CEO Evan Spiegel dismisses Meta's metaverse ambitions as “ambiguous and hypothetical” and says the word “metaverse” is never uttered in Snap's offices — Founder says his company is committed to augmenting the real world rather than replacing it
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The Verge, Insider, Protocol, Gerick News, Silicon Republic, The Information, and Reuters
Tweets: @amaldorai, @mgsiegler, @ernestc_smitten, @mr_derivatives, @tfadell, @mcwm, @jerrycap, @liahaberman, @mattnavarra, and @daveleeft
| Joanna Stern / Wall Street Journal: |
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newsroom.snap.com, Digit, ZDNet, and Thinking Through
Tweets: @jeremyburge, @heatherkelly, @petersterne, @teroterotero, @robaeprice, @counternotions, and @joannastern
| Business Wire: |
Amazon reports Q1 revenue up 7% YoY to $116.4B, $3.8B net loss vs. $8.1B net income in Q1 2021, and AWS revenue up 37% YoY; stock down 10%+ on weak Q2 guidance — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2022.
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InfoWorld, Reuters, DCD, Light Reading, The Verge, CNBC, Digital Trends, and PYMNTS.com
Tweets: @thestalwart, @tcarmody, @thestalwart, @markdistef, @plantmath1, @unusual_whales, @jusagichan, @jerrycap, @justin_hart, @pkedrosky, @tcarmody, @kennwhite, @jerrycap, @trendspider, @epro, @garyblack00, and @delrey
| Annie Palmer / CNBC: |
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Wall Street Journal, Coinspeaker, The Verge, Android Authority, iTnews, Android Police, New York Times, Engadget, iPhone in Canada Blog, GameSpot, Variety, and GeekWire
Tweets: @quinnypig, @cnbcnow, @quinnypig, @quinnypig, and @carnage4life
| Yueqi Yang / Bloomberg: |
Goldman Sachs has extended its lending service to offer cash loans using Bitcoin as collateral, signalling Wall Street is further embracing cryptocurrencies — Goldman Sachs Group Inc. offered its first ever lending facility backed by Bitcoin, in a significant step for a major U.S. bank …
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CoinDesk, CryptoPotato, The Rabbit Hole⁸, Coinspeaker, Cryptonews, TradingBTC.com, and Bitcoin Magazine
Tweets: @muyaoshen, @marcvanderchijs, and @johnhenderson
| Devin Coldewey / TechCrunch: |
Airbnb says its employees can work from home or the office moving forward and their compensation won't change if they move, unless it's to a different country — Airbnb is going all in on the “live anywhere, work anywhere” philosophy that much of the business world has been forced to adopt …
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Airbnb Newsroom, ZDNet, CNBC, Silicon Republic, The Verge, Engadget, Thinking Through, and The Home Office
Tweets: @bchesky, @bchesky, @bchesky, @rafat, @scottbelsky, @bchesky, @bchesky, @yashar, @alliekmiller, @bchesky, @mwstory, @andyboxall, @kevinnaughtonjr, @mikeisaac, @bchesky, @lynn_nothegger, @asianxjay, and @antoniogm
| Tracy Qu / South China Morning Post: |
Sources: China is preparing to end the regulatory crackdown over big tech and give the sector a bigger role to help boost the ailing economy — A symposium involving Chinese Big Tech has been scheduled after the Labour Day holiday to assure business leaders on the new direction …
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Wall Street Journal, Bloomberg, and Reuters
Tweets: @charlesmok, @briantycangco, @tradeflooraudio, @borlawbau, and @schuldensuehner
| Jesse Pound / CNBC: |
Robinhood reports Q1 revenue down 43% YoY to $299M, vs. $355.8M est., net loss of $392M, down from $1.4B YoY, 15.9M MAUs, down from 17.7M YoY; stock drops 10%+ — Retail brokerage firm Robinhood reported a wider-than-expected loss and shrinking revenue for the first quarter …
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GlobeNewswire News Room, Decrypt, Forbes, SiliconANGLE, PYMNTS.com, Bloomberg, Wall Street Journal, and Associated Press
Tweets: @carnage4life, @unusual_whales, and @cnbc
| Jennifer Pattison Tuohy / The Verge: |
Report finds Amazon and third parties collect data from interactions with Alexa through Echo speakers and share it with as many as 41 advertising partners — Amazon and third parties use data from smart speakers to sell you stuff, says report — A report released last week contends … | Malique Morris / The Information: |
Document: one-click checkout service Bolt's revenue has stalled and has been losing customers amid competition from PayPal and Shopify; Bolt is valued at $11B — Bolt, which develops software that online stores use to help shoppers pay with one click, started the year riding high … | Linda Sui / Strategy Analytics: |
Strategy Analytics: global smartphone shipments fell 11% YoY in Q1; Samsung led the market with a 24% share, a five-year high, and Apple had an 18% share — According to new research from Strategy Analytics, global smartphone shipments fell -11% YoY to 314 million units in Q1 2022.
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AppleInsider, 9to5Mac, MacRumors, canalys.com, Fossbytes, Counterpoint Research, Counterpoint Research, and Sammy Fans. Tweets: @tarunpathak
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