Apple reports Q1 revenue of $111.4B, up 21% YoY, with international sales making up 64% of Q1 revenue; iPhone, Wearables, and Services set new revenue records
Revenue up 21 percent and EPS up 35 percent to new all-time records — iPhone, Wearables, and Services set new revenue records
r/WallStreetBets was made private by moderators for about an hour, but is back online; Discord banned r/WallStreetBets' server, claiming hate speech violations
It went dark for nearly an hour — The r/WallStreetBets subreddit's own moderators made it private for a little less than an hour …
As r/WallStreetBets causes GameStop, BlackBerry, and others to surge, online trading platforms like Robinhood and WeBull have rapidly climbed US app store ranks
- The flurry of Redditors taking on Wall Street appears to have resulted in a usage boom for share trading apps.
Robinhood says due to “recent volatility” it is restricting trading in some stocks, including GameStop, AMC, BlackBerry, and Nokia, to “position closing only”
Amid the flurry of speculative activity in GameStop, brokers took steps to restrict the trading …
Apple's Q1 net income was $28.8B, up from $22.2B YoY; revenue for iPhone was $65.6B, up from $56B YoY, Mac was $8.7B, up from $7.2B, and Services grew to $15.8B
Chance Miller / 9to5Mac :
IDC says Apple has shipped 90.1M iPhones in Q1, the largest number of shipments in a single quarter since IDC started tracking smartphones
- The iPhone is booming: Sales were up 17% year-over-year to a whopping $65.6 billion in a single quarter. — Research firm IDC estimates …
Zuckerberg says Apple is one of Facebook's “biggest competitors” and uses its dominant position to preference apps like iMessage against WhatsApp and Messenger
and it'll protect users like never before Tweets: Kurt Wagner / @kurtwagner8 : Zuckerberg took a few minutes on this call to bash Apple's stance on privacy, and say that WhatsApp is “superior” to iMes...
Europol, the FBI, and other law enforcement agencies worldwide have seized control of malware botnet Emotet's infrastructure and disrupted it from the inside
Europol and FBI among agencies that have taken control of the botnet infrastructure used by cyber criminals behind some of the most prolific malware and ransomware attacks.
Sources: Facebook is preparing an antitrust lawsuit against Apple for forcing developers to abide by App Store rules that Apple's own apps don't have to follow
A long-simmering public dispute between Facebook and Apple has neared a boiling point. With the aid of outside legal counsel …
Apple says its App Tracking Transparency feature, which will be enabled by default, will roll out with iOS 14, iPadOS 14, and tvOS 14 updates in early spring
Apple has shared a few more details about its much-discussed privacy changes in iOS 14. The company first announced at WWDC …
As Reddit's r/WallStreetBets pushes GameStop's stock to record levels, other stocks mentioned in the subreddit surge, like AMC, which closed up 300%+
According to a pop-up on Robinhood's app homepage, 56% of its users own at least some GameStop stock
With the market in chaos, even Robinhood has now turned on retail investors pumping dark horse stocks. — Jordan Pearson — Robinhood, the fee-free investment app that has helped Redditors …
In an interview, Tim Cook says Apple has an active installed base of 1.65B devices, up from 1.5B a year ago, including an installed base of over 1B iPhones
Stephen Nellis / Reuters :
Facebook reports Q4: $28.1B revenue, up 33% YoY, 1.84B DAUs, up 11% YoY, 2.6B people used a Facebook service daily, up 15% YoY; headcount up 30% YoY to 58,604
Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2020.
Facebook adds opt-in biometric fingerprint, face, or iris scan authentication for WhatsApp on desktop or web
WhatsApp, the Facebook-owned popular messaging app with more than 2 billion users, has been getting a lot of heat and losing users in recent weeks after announcing (and then delaying) changes to how i...
US and Bulgarian authorities seize a dark web site used to publish data stolen from victims of NetWalker, which has been among the most rapacious ransomware
U.S. and Bulgarian authorities this week seized the darkweb site used by the NetWalker ransomware cybercrime group to publish data stolen from its victims.
Facebook's Oversight Board issues first-ever rulings, which Facebook said it will abide by, overturning four out of the five cases it reviewed
Facebook's Oversight Board on Thursday issued its first round of decisions, overturning several of the company's decisions to remove posts …
Samsung reports Q4 earnings with total revenue of ~$55.2B, up 3% YoY, and operating profit of ~$8.2B, up 26% YoY, but sees mobile sales drop 11% YoY to $19.3B
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Thursday it expects its overall profit to weaken in the first quarter of 2021 …
A wide range of online brokerage services, including Robinhood, E*Trade, and Fidelity, experienced service outages on Wednesday during GameStop trading frenzy
Facebook says it has authorized an additional $25B share buyback, ARPU was $10.14, and reiterates that Apple's iOS 14 privacy changes could impact ad targeting
Salvador Rodriguez / CNBC :
Walmart Media Group, now Walmart Connect, has launched a demand-side platform that provides data for ad targeting as it seeks to become a top 10 ad company
The retail giant is launching advertising technology that lets brands use Walmart data to buy ads outside its digital platforms
Zuckerberg says Facebook will stop recommending civic and political groups to users permanently and is considering reducing political content in News Feeds
Salvador Rodriguez / CNBC :
Google details the impact of Apple's upcoming IDFA ad privacy changes, including reducing visibility into app install metrics and affecting bidding on some ads
After saying on Jan. 5 that it would add Apple's privacy labels to its apps “this week or the next week”, Google's flagship apps still do not have the labels
HR software company Workday acquires Peakon, which provides SaaS tools for employee retention, in a $700M all-cash deal
Paul Sawers / VentureBeat :
SAP to acquire Signavio, a Berlin-based business process automation company, reportedly for $1.2B
Ron Miller / TechCrunch :
An inside look at tech support scams perpetrated by scammers based in fraudulent Indian call centers, which were exposed by pseudonymous YouTuber Jim Browning
Yudhijit Bhattacharjee / New York Times : Tweets: @charlesarthur , @jimbrowning11 , @asiachloebrown , @nytmag , @nickconfessore , and @yudhijit Tweets: Charles Arthur / @charlesarthur : Ten years ago...
YouTube says its TikTok competitor Shorts is getting 3.5B views per day in its test run in India and plans to expand the feature into more markets in 2021
- YouTube's short video feature is gaining traction in India, the company's CEO, Susan Wojcicki, said Tuesday. See also Mediagazer
Iran blocks Signal after Iranians flocked to the messaging service due to privacy concerns about WhatsApp
many of whom fled WhatsApp due to its sharing data with Facebook. Seems like a good time for a reminder of why Telegram is probably not the more-private-than-WhatsApp messaging app you're looking for....
Walmart plans to expand its use of automation to pick and pack online grocery orders, and work with several companies including Alert Innovation and Dematic
Melissa Repko / CNBC : Tweets: @melissa_repko Tweets: Melissa Repko / @melissa_repko : Walmart is betting your online grocery shopping habit will stick. It's adding high-tech, automated fulfillment c...
Study: verified accounts on Twitter shared more content from deceptive sites than ever in 2020, interactions with deceptive content on FB also at all-time high
Ashley Gold / Axios :
OwnBackup, which builds tools for the Salesforce ecosystem, raises $167.5M led by Salesforce Ventures and others, at a valuation of almost $1.4B
Katie Roof / Bloomberg :
US political campaigns say that bans by Facebook and Google on political ads have hamstrung them during a crucial fundraising window ahead of the 2022 midterms
> Reminds me of how publishers put lots of eggs in the Facebook and Google basket, and then had to scramble for survival once the algorithms changed. https://twitter.com/... @opensecretsdc : The 2020 ...
Brazilian neobank Nubank raises $400M Series G at a $25B valuation, bringing its total raised to $1.2B
Marcella McCarthy / TechCrunch :
Researcher: ability to target US military with Facebook ads could let nation states run influence operations on personnel; Facebook says it's not an issue
Lily Hay Newman / Wired :
Flowhaven, which helps brands manage their licensing partnerships, raises $16M Series A led by Sapphire Sport, bringing its total raised to $21.5M
Sarah Perez / TechCrunch : Thanks: @switch__pr
How the social network Nextdoor is replacing local newspapers as a news and opinion hub, letting governments bypass the media and present a one-sided picture
Will Oremus / OneZero :
Behind the rise of Game Workers Unite, one of the first video game workers unions aimed at remedying grueling working conditions across the industry
Source: Apple is expanding production of iPhones, iPads, Macs, and other products in Vietnam and India, as the company increasingly shifts away from China
Squarespace says it filed confidentially for an IPO in the US; the company was valued at $1.7B in December 2017
Bloomberg :
Instagram updates its interface for Stories on desktop, adding a carousel that shows upcoming previews and what just played
Ashley Carman / The Verge :
Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation
Emma Lee / TechNode :
Pressure is rising on Biden's administration to revive net neutrality, which may be difficult while the FCC is deadlocked with two Democrats and two Republicans
Maryland-based SparkPost, an email delivery, optimization, and analytics service, raises $180M from LLR Partners and others
Sources: Bird is finalizing a deal to raise $100M in convertible debt, led by Sequoia Capital and Valor Equity, amid discussions about going public via SPAC
Survey of 852 US college students shows 51% say the government should do more to regulate major tech companies and 77% think social media has “too much” power
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
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.