Alphabet reports Q1 revenue of $55.3B, up 34% YoY, net income of $17.9B, up from $6.8B YoY, and Google Search revenue of $31.9B, up from $24.5B YoY
Spotify reports Q1 profit of €23M, up from €1M a year earlier, revenue of €2.15B, up 16% YoY, 356M MAUs, up 24% YoY, and 158M paid subscribers, up 21% YoY
Audiostreaming platform warns of uncertain growth as newer markets endure a surge in coronavirus cases
Spotify launches paid podcast subscriptions for creators in the US, at no cost to creators for two years and a 5% fee starting in spring 2023
Manage your Stratechery subscription. — This Article is a follow-up in two ways: MacDailyNews : Apple Podcasts Subscriptions: The good and the bad Jason Snell / Six Colors : The good and bad of Appl...
Samsung announces two lightweight laptops with OLED screens: the Galaxy Book Pro, starting at $1K, and the Galaxy Book Pro 360, a convertible starting at $1.2K
Premium screens and premium features — Samsung has announced two new Galaxy Book devices: the Galaxy Book Pro …
YouTube is on pace to book between $29B and $30B in revenue in 2021, equaling Netflix's expected revenue of $29.7B for the year
- YouTube is on pace to bring in annual revenue comparable to Netflix's. — The Google-owned video platform is seeing a rise in more traditional television advertisers. Tweets: @carnage4life , @bitcoi...
Microsoft says revenue from LinkedIn's ads business, called LinkedIn Marketing Solutions, grew 60% YoY to more than $3B in the year ended March 31
- Microsoft said Tuesday that LinkedIn Marketing Solutions has brought in more than $3 billion in revenue in the past 12 months. Tweets: @megancgraham Tweets: Meg Graham / @megancgraham : Microsoft sa...
Microsoft reports FY 2021 Q3 revenue of $41.7B, up 19% YoY, net income of $15.5B, up 44% YoY, Surface revenue up 12%, More Personal Computing revenue up 19%
Microsoft - Investor Relations :
In 2013 emails, Eddy Cue pitched iMessage for Android, but Craig Federighi said it would simply “remove an obstacle to iPhone families” buying Android phones
‘Do we want to lose one of the most important apps in a mobile environment to Google?’
Senators are probing whether Google tried to influence a Match Group employee's testimony at an antitrust hearing by allegedly calling the person ahead of time
Sens. Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah) are demanding more details about an alleged phone call between a Google employee and a Match Group employee.
The Consumer Technology Association says CES will return to Las Vegas as an in-person event in 2022, and will be held from January 5 to 8
The world's biggest tech conference is back — The Consumer Electronics Show (CES) is officially returning to an in-person format in Las Vegas in 2022 …
Sources: Apple is trimming planned production of AirPods by 25% to 30%, now expecting to make 75M-85M in 2021, compared with previous forecast of 110M
Wireless earphones face heated competition from Samsung, Xiaomi and others — TAIPEI — Apple is trimming its planned production …
Samsung announces $1,399 Galaxy Book Odyssey 15.6" gaming laptop coming in August, with an option of yet unannounced Nvidia GeForce RTX 3050 Ti and 3050 cards
Tom Warren / The Verge :
Netflix launches Play Something, an opt-in viewing mode that gives the service a more TV-like feel to fight viewers' decision fatigue
Ten years ago, Netflix got the idea that its app should work more like regular TV. This was early on in its transition from DVD delivery to streaming on demand …
Sony reports Q4 PlayStation operating profit of $3.14B, on sales of 7.8M PlayStation 5 consoles as of March 31, and 47.6M PS Plus subscribers, up 14.7% YoY
3.3 million moved from January to March — Sony has sold 7.8 million PlayStation 5 consoles as of March 31st, the company says in its latest earnings report.
Twilio rival MessageBird raises $800M as an extension to its $200M Series C from last October and acquires email marketing service SparkPost for $600M
MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements.
JPMorgan partners with Singapore's Temasek and DBS Group Holdings to create a blockchain-based platform for payments, trade, and foreign exchange settlement
JPMorgan Chase & Co. is teaming up with Singapore's Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform …
IRS arrests a Russian-Swedish citizen in LA for laundering 1.2M+ bitcoins over 10 years when he allegedly ran Bitcoin Fog, which remains online after his arrest
The alleged administrator of Bitcoin Fog kept the dark web service running for 10 years before the IRS caught up with him.
Interviews with Basecamp staff on how a “funny” customer names list sparked an internal reckoning and spurred Basecamp's societal and political discussion ban
Casey's reporting for The Verge brought some of the dirty laundry … Charlie Warzel / Galaxy Brain : Can We Do Better Than Deplatforming? — This is Galaxy Brain — a newsletter from Charlie Warzel abo...
Shopify Q1: revenue of $988.6M, up 110% YoY, with gross merchandise volume up 114%, and net income of $1.26B due to $1.3B unrealized gain from its Affirm stake
Shopify said it expects growth rates to normalize as economies reopen, but it hasn't happened yet. Shopify's platform continues to surge.
Microsoft's Intelligent Cloud revenue grew to $15.1B in Q3, up 23% YoY, as Azure revenue grew by 50%
Taylor Soper / GeekWire :
Microsoft says Teams is now at 145M DAUs, up from 75M DAUs YoY, and announces new Teams integrations with Dynamics 365, which saw quarterly revenue grow 45% YoY
Mighty debuts a Chromium-based macOS browser, now invite-only, that “entirely streams” from the cloud and can load “hundreds” of tabs without slowing down a Mac
With the underlying concept popularized by Stadia and other game services, Mighty wants to stream an entire browser from the cloud.
Apple files written testimonies of its expert witnesses ahead of upcoming Epic trial, laying the foundation for claims on marketshare, App Store security, more
Juli Clover / MacRumors :
Interview with Senator Amy Klobuchar on her new book about antitrust, why she doesn't think reining in the App Store will harm the Apple ecosystem, and more
My guest today is Senator Amy Klobuchar, the Democrat from Minnesota who has taken up the role of antitrust enforcer in the Senate under the Biden administration. Tweets: @reckless , @primacysg , @rec...
Alchemy raises $80M Series B led by Coatue and Addition at a $505M valuation to be the “AWS for blockchain”, says it's powering the majority of the NFT industry
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel's new fund.
FCC grants SpaceX's request to use a lower orbit for Starlink satellites; Amazon says the FCC's conditions adequately addressed its original objection
Alan Boyle / GeekWire :
AMD Q1: revenue of $3.4B, up 93% YoY, net income of $555M, up 243% YoY, with EPYC sales driving Enterprise, Embedded and Semi-Custom revenue up 286% to $1.35B
Tiernan Ray / ZDNet :
Huawei reports revenue of $23.5B in Q1, down 16.5% YoY, the second consecutive quarter in which Huawei's revenues declined
Ryan Browne / CNBC :
Zomato files for $1.1B IPO in India and reports $91.8M in losses on revenue of $183.6M between April 1 and December 31, 2020
Manish Singh / TechCrunch :
Mark Zuckerberg teases upcoming Instagram features to help creators make money, including a marketplace to match brands with creators, and more
Salvador Rodriguez / CNBC :
An overview of Tuesday's Senate hearing on algorithms and Section 230 reform, where lawmakers focused less on sound bites and crawled closer to solutions
should be more useful than performative yelling at CEOs. I'll be live-tweeting key takeaways, starting with a rare point for FB: FB sent content policy chief, Monika Bickert. YT & TW sent gov't affair...
Stripe acquires TaxJar for its cloud-based, automated sales tax tools; financial details not disclosed, but PitchBook data says TaxJar had been valued at $179M
tax is such a headache (and a growing one) for online business. https://stripe.com/... John Collison / @collision : Fun fact: as far as we can tell, this is the largest acquisition of a fully-remote c...
Sysdig, which offers enterprise tools to secure containers and apps, raises $189M Series F led by Third Point Ventures and Premji Invest at a $1.19B valuation
Kyle Wiggers / VentureBeat :
Iterable, which offers SMS, email, and app notification growth marketing services and is valued at ~$2B, ousts CEO for taking LSD before a board meeting in 2019
Source: after Turkish crypto exchanges Thodex and Vebitcoin collapsed, Turkey is planning to establish a central custodian bank to eliminate counterparty risk
Bloomberg :
Russian watchdog fines Apple $12M for alleged abuse of its dominance in the mobile apps market; Apple says it will appeal the decision
Greek neobank Viva Wallet, which targets small and medium merchants, raises $80M from Tencent and others
Ingrid Lunden / TechCrunch :
Pinterest misses on user growth in Q1, with 478M MAUs vs. 480.5M est., as revenue beats, with $485M, up 78% YoY, vs. $474M est.; stock down ~10% after hours
Salvador Rodriguez / CNBC :
Alphabet's Other Bets, which includes Waymo, Verily, Fiber, others, had a Q1 operating loss of $1.15B, up from $1.12B YoY, on revenue of $198M, up from $135M
Arm says its new Neoverse V1 and N2 server chip platforms for HPC, datacenters, and edge, have at least 40% better processing over the previous generation
Profile of Chinese AI-driven aggregator News Break, which says it has 45M MAUs and is finding success in the US through a sharp focus on local news
It's the most downloaded news app in the world — and the content it carries is entirely local. In the U.S., it drives more traffic than all but three apps. See also Mediagazer
Toulouse, France-based EasyMile, which says its autonomous shuttles have driven ~800K kilometers across 300+ locations in 30 countries, raises $66M Series B
Ingrid Lunden / TechCrunch :
Amazon debuts a new Fire HD 10 tablet, now thinner with a brighter screen for $150, a more powerful $180 Fire HD 10 Plus, a Fire Kids Pro tablet line, and more
Twitch has grown in popularity among QAnon adherents and far-right influencers, making it easy for streamers to make money while spreading conspiracy theories
Analysis of a password dump containing 3.28B leaked passwords, which includes 1.5M+ passwords associated with government email addresses from around the world
Greenlight, which offers debit cards for kids and has 3M parents and kids with accounts, raises $260M Series D led by a16z, nearly doubling valuation to $2.3B
Online share of commerce is growing rapidly, especially with children and teens. Tweets: @hypervisible : Fintech for kids is a thing, apparently. 🤯 https://techcrunch.com/... https://twitter.com/...
Toronto-based Vena Solutions, which offers cloud-based financial planning software for companies like Nike, raises $300M CAD from Vista Equity Partners
Oxford-based Exscientia, which uses AI to help discover new pharmaceuticals, raises up to $525M in Series D funding led by SoftBank
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.