| 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| 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% … | Reuters: |
Apple reports Services revenue grew 17% YoY to $19.8B in Q2 2022 and 825M paying subscribers globally across all its services, up from 785M in Q1 2022 — Apple Inc (AAPL.O) on Thursday reported record fiscal second-quarter sales and profit that beat Wall Street estimates as it managed chip shortages … | 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.| 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| Joanna Stern / Wall Street Journal: |
Snap Pixy review: a cute drone with four flying modes, but the footage quality is not the best, the battery lasts only a few flights, and it can't handle wind — With this new kind of flying camera, Snapchat's creators take the stress out of piloting remote-controlled aircraft for aerial photography.| Bloomberg: |
Sources: Elon Musk floated the idea of cutting both costs and jobs when fielding questions from bankers during negotiations about the Twitter deal — As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused on the social-media company's bottom line … | Financial Times: |
In an email, Twitter reassures advertisers it will remain a safe place for brands after Elon Musk's takeover, as advocacy groups predict more toxicity and abuse — Campaigners and car manufacturers among groups to express concern over Tesla chief's $44bn takeover| 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.| Annie Palmer / CNBC: |
Amazon reports Q1 advertising services revenue grew 23% YoY to $7.88B vs $8.17B est., and subscription services grew 11% to $8.4B — - Amazon on Thursday gave a revenue forecast that trailed analysts' estimates. — Growth rates are at their slowest since the dot-com bust in 2001.| Jacob Kastrenakes / The Verge: |
Twitter says it overstated mDAUs from Q1 2019 to Q4 2021 by up to 1.9M per quarter, counting one user's multiple accounts as active, even if they weren't in use — How did this happen twice? — Twitter overstated the number of daily users on its service for three years straight, overcounting by up to 1.9 million users each quarter.| Lauren Feiner / CNBC: |
| João Carrasqueira / XDA Developers: |
A Microsoft support page shows the company is testing the Microsoft Edge Secure Network feature, a built-in VPN-like service for Edge, powered by Cloudflare — Microsoft is testing a VPN-like service for its Edge browser, adding a new layer of security and privacy to the browsing experience.| 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 … | Lauren Forristal / TechCrunch: |
Amazon launches Audio Streaming for Hearing Aids on second-gen Fire TV Cubes for Starkey hearing aids, the first US streaming media player to support ASHA — Today, Amazon Fire TV announced the launch of Audio Streaming for Hearing Aids (ASHA) on Fire TV Cube (2nd gen) for compatible Bluetooth hearing aids from Starkey.| William Li / Counterpoint Research: |
Global PC shipments fell 4.3% YoY to 78.7M in Q1 2022; Lenovo shipped 9.5% less, HP shipped 16% less due to weak Chromebook sales, and Apple shipped 8% more — Taipei, London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Seoul - April 28, 2022 — Global PC shipments fell 4.3% YoY … | Olga Kharif / Bloomberg: |
Analysis of ~3.8K non-stablecoin tokens: 80% of freshly minted cryptocurrencies are underwater, with average one-year returns close to zero relative to bitcoin — About 80% of freshly minted cryptocurrencies are underwater and their average returns are close to zero relative to Bitcoin within a year … | Jonathan Greig / The Record: |
Cloudflare says it mitigated a 15.3M rps HTTPS DDoS attack earlier in April, one of the largest volumetric DDoS attacks recorded, targeting a “crypto launchpad” — Internet infrastructure company Cloudflare said today that it mitigated one of the largest volumetric distributed denial of service … | 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 … | Frank Konkel / Nextgov: |
The NSA re-awards its $10B cloud computing contract, codenamed “Wild and Stormy”, to AWS, after Microsoft contested the original award to AWS in July 2021 — Amazon Web Services beat out Microsoft for the contract after a bid protest battle. — The National Security Agency … | Mitchell Clark / The Verge: |
Google expands its sensitive ad categories, letting users limit dating, pregnancy, parenting, and weight loss ads across its Display network, not just YouTube — The company is adding to its sensitive ad categories — Google is expanding its sensitive ad categories options … | Javier Espinoza / Financial Times: |
Sources: the EU plans to file antitrust charges against Apple next week for not allowing third parties to process payments using the iPhone's NFC and Apple Pay — EU will accuse the tech giant of blocking financial groups from its Apple Pay mobile system — Apple is set to face fresh … | Jordan Novet / CNBC: |
Intel reports Q1 revenue down 7% YoY to $18.35B, vs. $18.31B est., Datacenter and AI revenue of $6B, up 22% YoY, and Client Computing revenue of $9.3B, down 13% — - Intel beat on the top and bottom lines for the first quarter but forecast weak quarterly guidance. — The company's quarterly PC chip business came in light.| The Information: |
Sources: the FTC opened an inquiry into whether Elon Musk complied with its reporting requirement as he amassed his 9.1% Twitter stake between January and April — Elon Musk's $44 billion Twitter takeover is unlikely to raise antitrust concerns. But what is already being scrutinized …
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