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July 29, 2022, 10:45 AM
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| Apple: |
Apple reports record Q3 revenue of $83B, up 2% YoY, 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
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Wall Street Journal, ZDNet, Moneycontrol, CNBC, Bloomberg, Apple Must, Apple, Macworld, CNBC, The Economic Times, iPhone Hacks, and SiliconANGLE
| Kif Leswing / CNBC: |
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022 — 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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9to5Mac, AppleInsider, iThinkDifferent, Philip Elmer‑DeWitt, Patently Apple, Six Colors, Coinspeaker, BGR India, Silicon Republic, Gizchina, Daring Fireball, and Neowin
Tweets: @patrickmcgee_, @benbajarin, @joannastern, @jason_kint, @trengriffin, @divestech, @munster_gene, @neilcybart, @neilcybart, @ron_miller, @epro, @jimcramer, @neilcybart, @neilcybart, @trungtphan, @lapcatsoftware, @stroughtonsmith, @divestech, @divestech, @neilcybart, @neilcybart, @anthony, @mingchikuo, @neilcybart, @samifathi_, and @neilcybart
| 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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New York Times, Insider, Mobile Dev Memo, Silicon Republic, بهر …, Variety, Android Authority, iPhone in Canada Blog, NBC News, BBC, Kulturpop, The Guardian, That Was The Week, Pocket-lint, BGR India, The i Paper, Livemint, The Overspill, Wccftech, Big Technology, Fortune, and Daring Fireball
Tweets: @caseynewton, @pierce, @mosseri, @platformer, @chillmage, @caseynewton, @ericajoy, @illumitatiana, @pierce, @mistydemeo, @lordravenscraft, @caseynewton, @rob_sheridan, @steven_aquino, @brianoliu, @culturecrave, @tomwarren, @chillmage, @issielapowsky, @urbanjodi, @esaagar, @brianmanzullo, @chillmage, @gutjahr, @tnwhiskeywoman, @caseynewton, @tiffanydesigned, @studioanisa, @aria_gerson, @shitlicious, @hypervisible, @chaykak, @laurenjauregui, @ellencscott, @mcely, @pantibliss, @mrinaldesai, @caseynewton, @willoremus, @parismartineau, @lisatozzi, @kerrymflynn, @walldo, @lucas_shaw, @rebexxxxa, @chelseacirruzzo, @cebsilver, @nbashaw, @brianstelter, @oliverdarcy, @oduneweniyi, and @stevekovach
| Amanda Silberling / TechCrunch: |
Instagram's Dual copies BeReal's front and back camera capture feature, but misses the point: 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.
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The Economic Times, PetaPixel, and In The Loop on Gen Z
| Cecilia Kang / New York Times: |
Lina Khan's attempt to block Meta's Within acquisition upends decades of antitrust standards and could shift how DC regulates competition in nascent industries — Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature.
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Financial Times, Truth on the Market, and Dave Lee
Tweets: @chrisfralic, @blakereid, @binarybits, @binarybits, @enbrown, @enbrown, @johnnyryan, @enbrown, @liroyleshed, @anshelsag, @daveleeft, @glenweyl, @karlbode, @karlbode, @kevinakwok, @enbrown, @ctbeiser, @benz145, @veenadubal, @adamkovac, @enbrown, @choo_hehimlvl3, @julieinannap, @enbrown, @enbrown, and @onekade
| Paul Alcorn / Tom's Hardware: |
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; Optane is the sixth non-core business Intel CEO Pat Gelsinger has sold — 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 revenue down 16% YoY to $4.6B; stock drops 10%+ — - Intel slashed its full-year guidance and turned in worse-than expected quarterly results. — The company launched new chips …
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Intel, Reuters, Fabricated Knowledge, SemiAnalysis, HotHardware, Windows Central, Finbold, Silicon Republic, Tom's Hardware, TechCircle, Coinspeaker, Fossbytes, and Wall Street Journal
Tweets: @dylan522p, @dylan522p, @tculpan, @jonmasters, @dylan522p, @donal888, @stevesi, @niubi, @jonmasters, and @patrickmoorhead
| 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; stock jumps 12%+ — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.
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Protocol, CNBC, Fast Company, CNBC, Finbold, Coinspeaker, ComputerWeekly.com, The Economic Times, diginomica, and PYMNTS.com
Tweets: @conorsen, @carnage4life, @patrickmoorhead, @jonathanvanian, @charliebilello, @conorsen, @parismartineau, @delrey, and @chriskeall
| Richard Lawler / The Verge: |
In an email to Twitter Blue subscribers, Twitter says it is increasing 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 …
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Thurrott, TechCrunch, Twitter Help Center, 9to5Mac, XDA Developers, PCMag, KnowTechie, BGR India, BetaNews, Engadget, Phandroid, Pocket-lint, and Mashable
Tweets: @mattnavarra, @hunterwalk, @sawyermerritt, @film_girl, @markgurman, @davepell, @jarango, @keithedwards, @mgsiegler, @y_molodtsov, @davepell, @ow, @stuartbruce, @akindolu, @jangles, and @markgurman
| Richard Lawler / The Verge: |
A Delaware judge rules that Twitter's case against Elon Musk over the failed $44B takeover will go to trial from October 17 to October 21 — Everybody's going to the Court of Chancery — We have a schedule for the Delaware Court of Chancery trial over T witter's lawsuit against Elon Musk …
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Bloomberg, TechCrunch, Reuters, Barron's Online, Fortune, and International Business Times
| Pete Schroeder / Reuters: |
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC — U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” …
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FDIC, Blockworks, Bitcoin News, CryptoSlate, Crypto Briefing, Web3 is going just great, Cointelegraph, and Cryptonews. Tweets: @claritytoast
| 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 must now 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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New York Times, Silicon Republic, South China Morning Post, Club386, CoinDesk, DCD, Reuters, Wired, CNBC, and PhoneArena
Tweets: @pgelsinger, @repjudychu, @billevanina, @jonmasters, @jonmasters, @sandralrivera, @whcos, @jonmasters, @stshank, @kellymakena, and @jakesherman
| Olivia Solon / Bloomberg: |
Sources: a Chinese government PR division asked to open a stealth account on TikTok, targeting Western audiences; TikTok declined the “sensitive” request — A Chinese government entity responsible for public relations attempted to open a stealth account on TikTok targeting Western audiences … | Todd Spangler / Variety: |
Snap launches a Sounds Creator Fund, awarding up to $100K per month to artists distributing songs on Snapchat via DistroKid, or $5K per song, starting in August — Snap has announced the Snapchat Sounds Creator Fund: Its first fund designed to support emerging and independent artists … | Manish Singh / TechCrunch: |
Battle-royale game BGMI, with 16.5M MAUs in India, delisted from iOS and Android app stores after Indian government ban, two years after a ban of Krafton's PUBG — Google has pulled the popular battle royale game Battlegrounds Mobile India, more popularly known as BGMI …
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The Economic Times, Reuters, GamesIndustry.biz, The Indian Express, The Economic Times, BBC, Trak.in, MediaNama, Firstpost Tech, and Livemint
Tweets: @refsrc, @adityakalra, @gagan_arora1, and @adityakalra
| Bloomberg: |
Sony beats estimates with Q1 operating profit of $2.3B, PS5 sales of 2.4M, up from 2.3M YoY, cuts profit outlook from $8.7B to $8.3B for FY ending March 2023 — Sony Group Corp. cut its profit outlook as its PlayStation division faltered and game sales slumped.
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The Verge, Sony Group Corporation, Reuters, TechSpot, GamesIndustry.biz, Engadget, and Nikkei Asia
| Bloomberg: |
By stepping away from Ant Group, Jack Ma escapes Beijing's scrutiny; Ma has been seen traveling Europe after disappearing from public view for almost two years — Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years … Sponsor Posts
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