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July 26, 2022, 9:00 PM
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| Microsoft - Investor Relations: |
Microsoft reports Q4 revenue up 12% YoY to $51.87B, net income up 2% YoY to $16.7B, Azure up 40% YoY, LinkedIn up 26% YoY — REDMOND, Wash. — July 26, 2022 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2022, as compared to the corresponding period of last fiscal year:
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The Verge, Search Engine Land, Game Developer, Windows Central, GeekWire, and VentureBeat
Tweets: @bdsams, @tomwarren, @samro, @nextgenplayer, @samro, @tomwarren, and @munster_gene
| Jordan Novet / CNBC: |
Microsoft misses Q4 estimates with $51.87B in revenue, vs. $52.44B estimated, citing changing exchange rates plus challenges in the advertising and PC markets — - Microsoft's revenue and income fell short, as did the company's revenue from Azure and other cloud services.
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Seattle Business Journal, Reuters, Financial Times, Windows Central, Channel Futures, Wccftech, and OnMSFT.com. Tweets: @toddbishop
| Ashley Capoot / CNBC: |
Responding to criticism, Adam Mosseri says Instagram's full-screen feed is “a test” that is “not yet good” and that the app has to lean into the shift to video — - Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform.
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@mosseri. More:
BuzzFeed News, Fortune, TechCrunch, The Verge, XDA Developers, Tubefilter, Engadget, SlashGear, VICE, PetaPixel, Android Headlines, dot.LA, and Input
Tweets: @lessin, @mosseri, @willoremus, @nikitabier, @jeffhorwitz, @mosseri, @balajis, @alexisohanian, @kocienda, @karenattiah, @edzitron, @boxofhamsters, @chrismessina, @benedictevans, @blackamazon, @yaeleisenstat, @cristinacriddle, @mosseri, @coopercooperco, @vermontgmg, @rmac18, @lorakolodny, @sarahfrier, @benedictevans, @davechensky, @mrmedina, @ashleycapoot, @joeljohnson, @motherquoter, @nikostratis, @can, @mosseri, @laurengoode, @j_zimms, @mosseri, @modernistwitch, @_zeets, @bdgrabinski, @nbashaw, @vmarks, @jeffnolan, @tristandross, @davidchoimusic, @_zeets, @broderick, @limitlessjest, @turnernovak, @nbcsandiego, @tomscocca, @seyitaylor, @iambrandontv, @technacity, and @benedictevans
| Travis Clark / Insider: |
Kylie Jenner and Kim Kardashian post Stories sharing a petition to “Make Instagram Instagram Again” and “stop trying to be TikTok” that has 150K+ signatures — - Kylie Jenner and Kim Kardashian called on Instagram to “stop trying to be TikTok” on Monday.
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The Verge, Change.org, PYMNTS.com, Axios, MacRumors, New York Times, Variety, NBC News, Social Media Today, The Hill, Observer, The Guardian, and 9to5Mac
Tweets: @frankpallotta, @ashleyrcarman, @kurtwagner8, @johngary, @vahn16, @brianstelter, @whatstrending, @gregisenberg, @karlousm, @sarafischer, @kirkpate, and @lessin
| Ian Hamilton / UploadVR: |
Meta plans to increase the prices of its Quest 2 headsets to $400 for 128GB and $500 for 256GB on August 1, and bundle Beat Saber for free through December 31 — The price for a new Quest 2 is jumping to $399 as Meta says “the costs to make and ship our products have been on the rise.”
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Meta Quest, The Verge, ZDNet, GamesIndustry.biz, XDA Developers, MacRumors, Road to VR, Press Start, SiliconANGLE, Gizmodo, Wired, Android Authority, GamingBolt, Neowin, BigTechWire, Seeking Alpha, TechRadar, Engadget, SlashGear, Digital Trends, UploadVR, and Input
Tweets: @metaquestvr, @ethangach, @ethangach, @stevencmutter, @anshelsag, @mingchikuo, @caseynewton, @joannastern, @mgsiegler, @mgsiegler, @gartenberg, @munster_gene, @stevekovach, @uploadvr, @id_aa_carmack, @anshelsag, @neiltwitz, @metaquestvr, @id_aa_carmack, @id_aa_carmack, @mgsiegler, @paultassi, @cixliv, @gartenberg, @teennickoficial, @paul__armstrong, @mikeisaac, @futterish, @robertflorence, @yelix, @karlbode, @prez_vr, @sadlyitsbradley, @kentbye, @neiltwitz, @futterish, @fbbagholder, @nexusben, @nexusben, @tristanacooper, @nathievr, @karlbode, @maxwinebach, and @patrickklepek
| Alphabet - Investor Relations: |
Alphabet reports Q2 revenue up 13% YoY to $69.69B, net income of $16B, down from $18.53B YoY, and Google Cloud revenue of $6.28B, up from $4.63B YoY — MOUNTAIN VIEW, Calif. - July 26, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2022.
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SiliconANGLE, CRN, The Verge, PYMNTS.com, BigTechWire, CNBC, and Android Central
Tweets: @lexnfx, @patrickmoorhead, @epro, @patrickmcgee_, @rustybrick, @lexnfx, and @tuviae
| New York Times: |
Sources: the US Treasury Department has been investigating US-based crypto exchange Kraken since 2019 for potentially violating US sanctions on Iran and more — The Treasury Department is investigating whether the crypto exchange allowed users in Iran to buy and sell digital tokens, said people with knowledge of the matter.
More:
PYMNTS.com, The Register, Protocol, Reuters, SiliconANGLE, San Francisco Business Journal, Decrypt, CryptoPotato, Cointelegraph, Bitcoin News, Crypto Daily, Crypto Briefing, and The Block
Tweets: @mattzeitlin, @nktpnd, @jwverret, @doombergt, @bennetttomlin, @aridavidpaul, and @rmac18
| Vipal Monga / Wall Street Journal: |
Memo: Shopify plans to cut ~1,000 workers, or 10% of its global workforce, citing consumers pulling back on online shopping; SHOP drops 15%+ — CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth lasting — Shopify Inc. SHOP -16.29%▼ … | The Verge: |
As Mark Zuckerberg says “there are probably a bunch of people at the company who shouldn't be here” during a weekly Meta Q&A, a survey suggests staff anxiety — As Meta's growth slows, Mark Zuckerberg is pushing even harder. Will his employees melt under the pressure?
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The Verge, Insider, New York Times, On my Om, The Independent, Platformer, AppleInsider, Pixel Envy, Rock, Paper, Shotgun, PC Gamer, Kotaku Australia, Fortune, Reuters, and TechSpot
Tweets: @gartenberg, @verge, @pierce, @nytimes, @reckless, @reckless, @automaticzen, @hayskali, @joepwilliams31, @alexeheath, @mikeisaac, @miarsato, @carlquintanilla, @joshsternberg, @ghostfinder, @jason_kint, @alexeheath, @alexeheath, @_zeets, @pierce, @ashannstew, @issielapowsky, @tsoh_investing, @jason_kint, and @iansherr
| Dan Goodin / Ars Technica: |
Kaspersky researchers have unpacked a malicious UEFI-based rootkit used in the wild since 2016 which can survive an OS reinstall and a hard drive replacement — Turns out they're not all that rare. We just don't know how to find them. — Researchers have unpacked a major cybersecurity find … | Emily Baker-White / BuzzFeed News: |
Four former ByteDance employees say the company promoted pro-China content to Americans in its now-defunct news app TopBuzz; ByteDance denies the claims — Former employees claim the company placed pieces of pro-China content in its now-defunct US news app, TopBuzz, and censored negative stories about the Chinese government.| Jesse Hamilton / CoinDesk: |
Senators Toomey and Sinema introduce a bill to exempt crypto users from being taxed on transactions of under $50, similar to a bipartisan bill in the House — The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.
More:
United States Committee …, Coin Center, Blockworks, Bitcoin News, Neowin, Cointelegraph, Bitcoin Magazine, and Crypto Daily
Tweets: @crypto_council, @michelekorver, @jerryfalsetto, and @lopp
| Liron Shapira / @liron: |
[Thread] A look at Helium, a crypto network of 500K+ IoT hotspots, which raised $365M from a16z and others and generates an est. $6.5K/month in network revenue — .@Helium, often cited as one of the best examples of a Web3 use case, has received $365M of investment led by @a16z. Regular folks have also been convinced to spend $250M buying hotspot nodes, in hopes of earning passive income. The result? Helium's total revenue is $6.5k/month https://twitter.com/...
Tweets: @liron, @liron, @liron, @dancow, @bshivarthy, @kylesamani, @friscojosh, @thestalwart, @btc_jacksparrow, @aaronhuertas, @thestalwart, @thestalwart, @terenceleejx, @1ndus, @can, @wiley77, @coloradotravis, @nvk, @justinhendrix, and @om
| Max Chafkin / Bloomberg: |
Coinbase's post-IPO decision to list “altcoins”, or “shitcoins”, was a reckless move that led to alleged insider trading and higher risks for retail investors — In September 2020, amid a wave of activism by employees in support of the Black Lives Matter movement …
More:
CoinDesk and CNBC
Tweets: @allyversprille, @kieranmlkelly, @evergrowsam, @jessefelder, @chafkin, @mickhagen, @chafkin, @smdiehl, @bitfinexed, and @chafkin
| Kyle Wiggers / TechCrunch: |
Neon, which provides developers with a serverless option for Postgres databases, has raised a $30M Series A-1 led by GGV, bringing its total funding to $55M — Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million …
More:
FinSMEs and Going Long
| Emily Mason / Forbes: |
Tel Aviv-based Balance, which offers B2B marketplaces one-click checkout tools, raised a $56M Series B led by Forerunner Ventures, valuing the startup at $356M — Balance, a two-year-old Tel Aviv startup that makes payments and checkout software for business-to-business marketplaces …
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Business Wire, Payments Dive, FinSMEs, and SiliconANGLE
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