Apple reports record Q2 revenue of $89.6B, up 54% YoY, net income of $23.6B, up from $11.2B YoY, iPhone sales of $47.9B, up from $29B YoY
Revenue up 54 percent to new March quarter record — Services and Mac revenue reach new all-time high — Apple today announced financial results …
Facebook reports Q1 revenue of $26.2B, up from $17.7B YoY, MAUs of 2.85B, up 10% YoY, headcount of 60,654, up 26% YoY, avg. ad price up 30% YoY; stock rises ~5%
Investor Relations :
Tim Cook says supply shortages will likely impact the Mac and iPad lineups in Q3 due to “legacy node” chip production that uses older manufacturing methods
Apple just reported record earnings for Q2 2021, but the company is also warning of supply shortages affecting the Mac and iPad lineups.
Apple Q2: record Mac sales of $9.1B, up from $5.4B last year, iPad sales of $7.8B, up from $4.4B, Wearables, Home, and Accessories sales of $7.8B, up from $6.3B
Malcolm Owen / AppleInsider :
Microsoft says it will reduce its cut for PC games in Windows store from 30% to 12% from August 1, in a bid to compete with Steam
Microsoft puts the pressure on Valve's Steam store — Microsoft is shaking up the world of PC gaming today with a big cut to the amount of revenue it takes from games on Windows.
Facebook says Q1 ad revenue was $25.4B, up 46% YoY, expects continued growth in Q2, with headwinds in H2 due to regulatory changes and Apple's iOS 14.5 update
The average price per ad in Q1 increased by 30 percent year-over-year, driving up Facebook ad revenue growth.
Google finally gives users a way to search through Stadia's 172 games, 526 days after the service's launch
If only Google knew anyone with experience building search engines — Stadia is an online game streaming service from Google, a company that is practically synonymous with search engines … Source: St...
Google says it's rolling out an update that lets users train Assistant to pronounce and recognize uncommon names, at first in English
handful new updates that will make Assistant better at pronouncing tricky names and understanding the context of conversations you share with it.
Facebook says it blocked all posts with “#ResignModi” in India due to a mistake and not due to a government order, and the posts have now been restored
Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Apple says it has 660M subscriptions across its platform; Apple Q2 Services revenue hit a record $16.9B, up from $13.3B a year ago
Alex Weprin / Hollywood Reporter :
Samsung reports Q1 net profit of $6.4B, up 46% YoY, driven by 66% profit surge in mobile business to $3.97B, and revenue of $59B, up 18% YoY
ReutersJoyce LeeHeekyong Yang — 3 minutes read
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 …
Canalys: Q1 global smartphone shipments reach 347M, up 27% YoY; Samsung took first place shipping 76.5M for a 22% share, Apple shipping 52.4M for a 15% share
Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Thursday, 29 April 2021
OpenSignal: 5G-capable devices access mmWave 5G less than 1% of the time across all US carriers; Verizon leads with just 0.8% availability
Phones capable of using mmWave 5G access it less than 1% of the time. — US mobile customers are almost never able to connect to millimeter-wave networks …
Amazon will invest $1B+ to increase wages for more than 500K of its warehouse workers by $.50 to $3 an hour, rolling out from mid-May to early June
Amazon announced Wednesday that it plans to invest more than $1 billion in wage increases for its operations workers, promising raises …
Mark Zuckerberg says 1M businesses use “click to WhatsApp” ads on Facebook and Instagram that allow users to contact businesses directly via WhatsApp
Clare Duffy / CNN :
Q&A: Evelyn Douek, a lecturer and Ph.D. student at Harvard studying online speech regulation, on why a “proportional” approach to online speech is a good thing
Major platforms' policies aren't actually inspired by the First Amendment. This legal scholar says that's a good thing. Tweets: @gadgetlab , @mantzarlis , @wired , @jilliancyork , @risj_oxford , @wex...
A federal appeals court rules that plans for 3D-printed “ghost guns” can be posted online without US State Department approval, reinstating a Trump admin order
SAN FRANCISCO (AP) — Plans for 3D-printed, self-assembled “ghost guns” can be posted online without U.S. State Department approval …
EU adopts controversial law forcing internet companies to remove flagged terrorist content within one hour after being notified by national authorities
Critics say the legislation could hinder free speech — The European Parliament has formally adopted a law requiring internet companies to …
Researchers demonstrate how AI software based on generative adversarial networks can be used to create deepfake satellite images
Geographic deepfakes could be used for misinformation and much more — When we think of deepfakes, we tend to imagine AI-generated people. Source: Taylor & Francis . Tweets: @nickastronomer , @armsco...
Berlin-based digital asset custody and financial services provider Finoa raises $22M Series A led by Balderton Capital
Institutions need to keep their crypto assets somewhere. And they aren't going to keep it on some random, or consumer-grade crypto operation. This requires more sophisticated technology.
TravelPerk, a business trip booking service, raises $160M Series D in equity and debt, led by growth equity firm Greyhound Capital
The pandemic has hammered the travel sector over the past 12 months so you'd be forgiven for feeling a bit of pre-COVID-19 déjà vu at this news …
Epic files expert testimonies before next week's trial, arguing its antitrust case and disputing Apple's claim that App Store's primary role is to protect users
Ben Lovejoy / 9to5Mac :
Cloud data storage startup Wasabi raises $112M Series C led by Fidelity Management, bringing its total raised to $219M
Join Transform 2021 this July 12-16. Register fo r the AI event of the year. — Cloud data storage company Wasabi today announced that it raised $112 million in series C financing …
Mighty debuts a premium Chromium-based macOS browser, now invite-only, that “entirely streams” from cloud, can load “hundreds” of tabs without stalling a Mac
Netflix launches Play Something, an opt-in viewing mode that gives the service a more TV-like feel to fight viewers' decision fatigue
locate it underneath your name, as a row on the homepage, or in the menu. It will show you one of three things... https://twitter.com/... Laurie / @laurieontech : I clearly had nothing to do with this...
Facebook says it is giving $5M to support local journalists using its new newsletter service; candidates covering communities of color will be given priority
Sheila Dang / Reuters :
Kaia Health, which makes apps that help manage chronic pain using AI and motion-tracking tech, raises $75M Series C, bringing its total raised to $125M
Kaia Health is on a mission to make access to virtual physical therapy for conditions such as musculoskeletal (bones and cartilage) …
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
Manna, a drone delivery service for food, groceries, and more, raises $25M Series A led by Draper Esprit to expand into the US and add more services
Natalia Drozdiak / Bloomberg :
Vectra AI, which uses AI to analyze network traffic and help companies detect cyberattacks, raises $130M led by Blackstone Growth at $1.2B post-money valuation
Kyle Wiggers / VentureBeat :
Paxos Trust, which offers crypto trading settlement services, raises $300M Series D led by Oak HC/FT at a $2.4B valuation
Matthew Leising / Bloomberg :
China asks 13 companies, including Tencent, ByteDance, and fintech affiliate of Baidu, to introduce similar changes to those imposed on Ant Group
Yuan Yang / Financial Times :
Uber will let customers schedule Covid-19 vaccine appointments through its app in the US and book rides to and from participating nearby Walgreens pharmacies
While much of the world stood still over the last year … Stephanie Mlot / PCMag : Uber Expands Vaccine Booking, Car Rental Delivery Across US Mariyan Slavov / phonearena.com : Uber app now allows you ...
RapidDeploy, which provides computer-aided dispatch tech as a cloud-based service for 911 centers, raises $29M Series B led by Morpheus Ventures
Ingrid Lunden / TechCrunch :
Qualcomm reports quarterly revenue of $7.9B, up 52% YoY on strong smartphone demand, vs $7.62B est.; stock up 5%+ after hours
MetaMask, an Ethereum wallet service and browser extension for decentralized applications, says it has hit 5M MAUs, after hitting 1M MAUs in October 2020
eBay Q1: revenue of $3.0B, up 42% YoY, and profits of $641M, as GMV rose 29% to $27.5B, while active buyers increased 7% to 187M worldwide; stock down 11%+
Levi Sumagaysay / MarketWatch :
Cryptocurrency derivatives exchange GlobeDX raises $18M seed from investors including Y Combinator, Pantera Capital, and Draper Dragon
NewsBTC : Tweets: @quinnypig Tweets: Corey Quinn / @quinnypig : I thought crypto exchanges raised money from the deposits their customers handed over, then claimed hacks. Is my modeling outdated? htt...
Investigation finds companies targeting Facebook ads for financial services to restricted age groups, a practice that violates its anti-discrimination policies
The Markup : Tweets: @jakewrightuk Tweets: Jake Wright / @jakewrightuk : There are so many privacy concerns with an app like this. Every website you visit, every cookie, every keystroke(!) is sent to...
Super, an Indonesian hyperlocal social commerce startup, raises $28M Series B led by SoftBank Ventures Asia, bringing its total raised to $36M+
Catherine Shu / TechCrunch :
Vivid Money, an all-in-one financial app for sending, saving, spending, and investment, raises €60M Series B led by Greenoaks, at a €360M valuation
Romain Dillet / TechCrunch :
Q&A with Máuhan “M” Zonoozy, hired as Spotify's first head of innovation earlier this year, about rise of live social audio, podcasting's inflection point, more
ElasticRun, which helps neighborhood stores in India secure capital and boost sales by working with e-commerce firms, raises $75M Series D
Manish Singh / TechCrunch :
OpenSpace, which helps construction companies track projects with AI-powered analytics and photo documentation, raises $55M Series C after raising ~$16M in 2020
Paul Sawers / VentureBeat :
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.