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July 28, 2022, 10:20 PM
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| Apple: |
Apple reports record Q3 revenue up 2% YoY to $83B, vs. $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B — iPhone and Services drive June quarter record revenue — Active installed base of devices reaches all-time high for all major product categories| Kif Leswing / CNBC: |
Apple's Services revenue grew 12% YoY to $19.6B, its slowest growth since Q4 2015; the unit's Q3 gross margin was 71.5%, versus Apple's overall margin of 43.3% — KEY POINTS — Analysts are expecting the company to give fourth-quarter guidance of $1.31 in earnings per share and nearly $90 billion in sales.
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AppleInsider, 9to5Mac, Ars Technica, 9to5Mac, Thurrott, Insider, AppleInsider, MacRumors, Apple Must, Patently Apple, Macworld, Reuters, Engadget, PhoneArena, MobileSyrup, CNET, TechCrunch, Bloomberg, Axios, iPhone in Canada Blog, Philip Elmer‑DeWitt, and SlashGear
Tweets: @ron_miller, @epro, and @anthony
| Casey Newton / Platformer: |
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
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Insider, VICE, XDA Developers, The Guardian, CNN, The Information, SlashGear, Daring Fireball, Gizmodo, New York Times, Social Media Today, MobileSyrup, NBC News, 9to5Mac, Engadget, iThinkDifferent, Pixel Envy, Digital Trends, PetaPixel, Fortune, Slashdot, Нов …, Ed Zitron's Where's Your Ed At, and Adweek
Tweets: @caseynewton, @pierce, @tnwhiskeywoman, @shitlicious, @caseynewton, @pierce, @gutjahr, @tiffanydesigned, @mcely, @caseynewton, @caseynewton, @aria_gerson, @lordravenscraft, @tomwarren, @steven_aquino, @brianmanzullo, @platformer, @hypervisible, @lisatozzi, @parismartineau, @stevekovach, @chelseacirruzzo, @ericajoy, @illumitatiana, @mrinaldesai, @caseynewton, @kerrymflynn, @rob_sheridan, @patwhite70, @culturecrave, @brianstelter, @issielapowsky, @walldo, @lucas_shaw, @esaagar, @pantibliss, @oliverdarcy, @oduneweniyi, @nbashaw, and @cebsilver
| Amazon: |
Amazon reports Q2 revenue up 7% YoY to $121.2B, $2B net loss vs. $7.8B net income in Q2 2021, and AWS revenue up 33% YoY; the stock jumps 10%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.
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SiliconANGLE, TechCrunch, Thurrott, Business Wire, GeekWire, BigTechWire, New York Times, Bloomberg, Financial Times, Variety, and Reuters
| Paul Alcorn / Tom's Hardware: |
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; it's Intel's sixth non-core business sold under CEO Pat Gelsinger — 3D XPoint at the last crossroad. — Intel's Q2 2022 earnings report today was uncharacteristically disappointing … | Jordan Novet / CNBC: |
Intel reports Q2 revenue down 22% YoY to $15.32B, vs. $17.92B est., a $454M net loss, and Datacenter and AI Group revenue down 16% YoY to $4.6B; stock down 5%+ — - Intel slashed its full-year guidance and turned in worse-than expected quarterly results. — The company launched new chips …
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Intel, The Verge, VentureBeat, Reuters, The Register, Wall Street Journal, PCMag, Thurrott, Protocol, Bloomberg, Investor's Business Daily, and HPCwire
Tweets: @patrickmoorhead and @donal888
| @chrislyons: |
VeeFriends, Gary Vaynerchuk's NFT project that provides online and in-person community events, raised $50M led by a16z — gm! I'm very excited to announce that @a16z crypto is leading a $50M round in @veefriends. We look forward to helping the team fuel expansion plans for its creative, technical and experiential operations that support the growing Web3 community! https://a16zcrypto.com/...
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a16z crypto, Blockworks, VeeFriends, ETH Daily, and Waivly
Tweets: @mdudas, @kevinrose, @jackmascone, @tomgara, @iamtexture, and @veefriends
| Makena Kelly / The Verge: |
The US House passes the Chips and Science Act, which includes $52B+ for US chipmakers and tax credits to encourage investment; Biden now must sign it into law — All that's left is Biden's signature — It might get cheaper and easier to buy popular tech products, like gaming consoles and graphics cards …
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CoinDesk, Reuters, CNBC, Wired, 9to5Mac, Axios, South China Morning Post, SiliconANGLE, TechCrunch, and Bloomberg
Tweets: @repjudychu, @whcos, @jakesherman, and @kellymakena
| Matthew Sparkes / New Scientist: |
DeepMind says AlphaFold has predicted, in 18 months, the structure of almost every protein cataloged by science, 200M+ in total, a biology problem for decades — Artificial intelligence firm DeepMind has transformed biology by predicting the structure of nearly all proteins known to science …
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DeepMind Blog, The Verge, The Register, New York Times, Financial Times, Silicon Republic, and SiliconANGLE
Tweets: @deepmind, @embl, @demishassabis, @officeforai, @uksciencechief, @sparkes, @bp22, @erictopol, @whereisdaz, @sparkes, @alexis_verger, @eladgil, @jamesdouma, @sundarpichai, @stearnslab, @oliviasolon, @jjaron, @schrep, @workmj, @sonykapoor, @daniellefong, @simonbatzner, @aparanjape, @sparkes, and @wintonark
| Amanda Silberling / TechCrunch: |
Instagram's new feature Dual copies BeReal's front and back camera capture quirk, but misses that people like BeReal because it's non-addictive by design — BeReal is all about friends and habits — not the algorithm — We know the drill: Snapchat adds the Stories feature, Instagram nabs it.| Taylor Locke / Fortune: |
Variant, an early stage crypto-focused fund, has raised $450M for a third fund focused on the “user-owned web”, after previously raising $22.5M and $110M — Each “crypto winter” is different from the last, but every winter—or what non-crypto people would call a bear market …
More:
Variant and PYMNTS.com
| Tom Warren / The Verge: |
Sony begins testing support for a 1440p video output option on the PlayStation 5, a widely requested feature, alongside curated gamelists and new social tools — Beta testers get access today — Sony is starting to test 1440p resolution support for its PlayStation 5 console, a highly-requested addition.
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PlayStation.Blog, Stevivor, GameSpot, Android Authority, MobileSyrup, and Tom's Hardware
Tweets: @bombur, @tomwarren, and @the_poolshark
| Todd Spangler / Variety: |
Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M est., 200M fewer streaming hours at 20.7B, and 1.8M active accounts added to 63.1M; stock down 25%+ — Roku fell well short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.
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Roku, ZDNet, Bloomberg, TechCrunch, Protocol, Wall Street Journal, MarketWatch, Next TV, The Wrap, Barron's Online, Reuters, CNBC, Deadline, The Streamable, and The Hollywood Reporter. Tweets: @xpangler
| Sara Fischer / Axios: |
Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
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Wall Street Journal, The Verge, Gizmodo, Newser, Social Media Today, The Unraveling, and International Business Times
Tweets: @sarafischer, @jeremylittau, @jeremylittau, @jeremylittau, @jeremylittau, @jeremylittau, @drewmcweeny, @jeremylittau, @pottsmark, @jason, @austen, @austen, @mattbrownep, @paul__walsh, @rmc031, @jason, @sarafischer, @mathewi, @mmasnick, @ivanthek, @zigmanfreud, @stevekovach, @joshelman, @rj_writes, @scottbrodbeck, @mikeelgan, @nickstatt, @mathewi, @alexyoung, @mattbrownep, @timjgraham, @sarafischer, @amasna, and @blackamazon
| Bloomberg: |
An in-depth look at the issues facing Afterpay, Klarna, Affirm, and other BNPL players, such as economic uncertainty, competition, regulators, and customer debt — For three days each week during the month of April in 2014, a seasoned product manager named Lulu Young, an engineering manager … | Bloomberg: |
As advertisers struggle with Reels, Meta tries to ease them into the format, including, sources say, by encouraging them to test their video ads on TikTok first — Reels — the short videos that Facebook and Instagram are pushing — are getting more popular, parent company Meta Platforms Inc. says.| Ivan Mehta / TechCrunch: |
Google announces new Play Store policies for developers that aim to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps — Google announced new Play Store policies for developers on Wednesday that aim to address issues with intrusive ads, alarms, VPNs, and impersonation of brands and other apps.
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The Verge, Google Support, Android Police, MobileSyrup, and The Verge
| Chris Welch / The Verge: |
Google Pixel Buds Pro review: good ANC, improved sound, lengthy battery life, and no frequent dropouts, but transparency mode, audio fidelity, and mic need work — Google's premium buds have more features — without deal-breaking flaws — It wasn't a sure thing that the Pixel Buds Pro would turn out to be good.
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9to5Google, TechCrunch, Android Central, Gizmodo, Android Police, Mashable, Droid Life, Digital Trends, XDA Developers, Tom's Guide, CNBC, 9to5Google, MobileSyrup, ZDNet, Ars Technica, and Fast Company
Tweets: @jordannovet and @chriswelch
| Joshua Brustein / Bloomberg: |
Hours before Sky Mavis told users it was hacked, CEO Trung Nguyen moved about $3M worth of Axie Infinity's main token AXS; Sky Mavis says it was to help users — This spring, Sky Mavis, the startup that makes the video game Axie Infinity, announced it had suffered a devastating hack.
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PYMNTS.com, CoinDesk, Decrypt, Ethereum World News, and The Block
Tweets: @silvermanjacob, @s_m_i, @joshuabrustein, @paultassi, and @somospostpc
| Sarah Perez / TechCrunch: |
YouTube rolls out a new tool that lets creators select up to 60 seconds of any video they posted and turn it into Shorts content, available on Android and iOS — YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok.| Amanda Silberling / TechCrunch: |
Twitter tests a status feature for tweets, letting select users in the US and Australia add a label from a predetermined list “to provide more context” — Facebook is trying to be TikTok, but now, Twitter is bringing us back a little bit of Facebook (or LiveJournal, or Myspace).
More:
Social Media Today, MobileSyrup, Digital Trends, and Neowin
Tweets: @coolranchzaku, @tifotter, @kellan, @iron_man_actual, and @sfiegerman
| Kharishar Kahfi / The Block: |
Space and Time, a decentralized blockchain data platform, raised a $10M seed led by Framework Ventures, and says it is building a new cryptographic protocol — Framework Ventures is leading the seed funding round. — The $10 million in funds will be used to add engineers to work on the decentralized database.
More:
CoinDesk
| Richard Lawler / The Verge: |
In an email to Twitter Blue subscribers, Twitter says it's raising the price of the service; in the US the price will jump from $2.99 to $4.99 per month — Who would pay for Twitter? — People frequently express their amazement that Twitter is free, but for some people, it isn't … Sponsor Posts
Google:
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Shopify:
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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