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July 27, 2022, 1:25 AM
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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, and 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, SiliconANGLE, Protocol, VentureBeat, Search Engine Land, GeekWire, Game Developer, and Windows Central
Tweets: @tomwarren, @tomwarren, @samro, @bdsams, @nextgenplayer, @samro, @munster_gene, @carnage4life, and @patrickmoorhead
| 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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Transistori, Wall Street Journal, Reuters, Financial Times, Seattle Business Journal, Wccftech, OnMSFT.com, Windows Central, and Channel Futures
Tweets: @toddbishop and @cnbcnow
| 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, MarketWatch, ZDNet, Kotaku Australia, Mashable, TheGamer, SiliconANGLE, BigTechWire, Press Start, Wired, TechRadar, Engadget, XDA Developers, SlashGear, Digital Trends, GamingBolt, Input, Android Authority, and Neowin
Tweets: @metaquestvr, @munster_gene, @stevekovach, @uploadvr, @id_aa_carmack, @metaquestvr, @neiltwitz, @stevencmutter, @paultassi, @id_aa_carmack, @ramzzy_, @cixliv, @gartenberg, @teennickoficial, @paul__armstrong, @mikeisaac, @mgsiegler, @futterish, @ethangach, @caseynewton, @ethangach, @robertflorence, @yelix, @karlbode, @prez_vr, @sadlyitsbradley, @mgsiegler, @kentbye, @mingchikuo, @neiltwitz, @futterish, @fbbagholder, @nexusben, @nexusben, @tristanacooper, @nathievr, @karlbode, @maxwinebach, @patrickklepek, @anshelsag, @gartenberg, @id_aa_carmack, @neiltwitz, @mgsiegler, @harrisfoster, @dcseifert, @anshelsag, @joannastern, @toadsanime, and @harrisfoster
| 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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Thurrott, The Information, CNBC, SiliconANGLE, CRN, and BigTechWire
Tweets: @patrickmoorhead, @epro, @patrickmcgee_, @rustybrick, @lexnfx, @lexnfx, @tuviae, and @munster_gene
| Reuters: |
Google reported search ad Q2 revenue up nearly 14% YoY to $40.69B, vs. $40.15B est., suggesting it may withstand a global recession better than smaller rivals — Google search ads lifted parent Alphabet Inc (GOOGL.O) close to Wall Street sales expectations on Tuesday, sending shares … | 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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| Travis Clark / Insider: |
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Axios, Fast Company, Taylor Lorenz's Newsletter, The Signal, Variety, Dexerto, Social Media Today, MacRumors, The Verge, and Tubefilter
Tweets: @frankpallotta, @ashleyrcarman, @kurtwagner8, @vahn16, @gregisenberg, @karlousm, @sarafischer, @kirkpate, @lessin, @bryanboy, and @axios
| 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.
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Reuters, PYMNTS.com, Cointelegraph, Crypto Briefing, SiliconANGLE, The Block, Bitcoin News, Crypto Daily, The Register, CryptoPotato, CoinJournal, and CoinDesk
Tweets: @mattzeitlin, @jwverret, @bennetttomlin, @nktpnd, @aridavidpaul, @doombergt, @rmac18, and @rmac18
| 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 …
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Securelist, TechSpot, DataBreachToday, Tom's Hardware, and PCMag
| 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.
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Engadget. Tweets: @ebakerwhite, @ebakerwhite, @bryanrwalsh, @alexisohanian, and @mattmittenthal
| 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, On my Om, New York Times, The Independent, Pixel Envy, Platformer, Fortune, PC Gamer, and Rock, Paper, Shotgun
Tweets: @bmorrissey, @verge, @pierce, @alexeheath, @reckless, @alexeheath, @reckless, @automaticzen, @hayskali, @joepwilliams31, @alexeheath, @mikeisaac, @miarsato, @carlquintanilla, @timnitgebru, @joshsternberg, @gartenberg, @ghostfinder, @jason_kint, @alexeheath, @alexeheath, @timnitgebru, @_zeets, @pierce, @caseynewton, @ashannstew, @scottnover, @mikeisaac, @issielapowsky, @nytimes, @tsoh_investing, @jason_kint, @darth, @iansherr, @matthiasellis, @timnitgebru, @goldman, @alexeheath, @bushwoodcap, @mikeisaac, and @laurengoode
| Bill Toulas / BleepingComputer: |
Unit 42: hackers typically scan for vulnerabilities within 15 minutes of a new CVE disclosure with the first active exploitation attempts observed within hours — System administrators have even less time to patch disclosed security vulnerabilities than previously thought … | Zack Whittaker / TechCrunch: |
A researcher finds messaging and calling app JusTalk left exposed a database with millions of users' conversations and call logs in plaintext since January 2022 — Millions of conversations and call logs were stored in plaintext — Popular messaging app JusTalk left a huge database … | 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.
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United States Committee …, Neowin, Cointelegraph, Bitcoin News, and Blockworks
Tweets: @jerryfalsetto, @michelekorver, @lopp, @crypto_council, and @resistancemoney
| 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%▼ …
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Australian Financial Review, Bloomberg, and Tech Xplore
Tweets: @natbullard, @gergelyorosz, @tobi, @laurenthomas, @danpriceseattle, @neilretail, @mayhem4markets, @deitaone, @modestproposal1, @thestalwart, @faridaelchuzade, @mylesudland, @davidgura, @iansherr, @gerritd, @richlightshed, @mikezaccardi, @tobi, @thestalwart, @carnage4life, @mijustin, @mekkaokereke, @thestalwart, and @thestalwart
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