Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 10%+
Meta Platforms, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2022.
In an email to advertisers, Twitter insists it will remain a safe place for brands after Elon Musk's takeover, as campaign groups predict rising toxicity
Campaigners and car manufacturers among groups to express concern over Tesla chief's $44bn takeover
Twitter reports Q1 revenue of $1.2B, up 16% YoY but below estimates, and $513M net income; mDAUs reached 229M; Twitter will offer no guidance pending Musk's bid
- Twitter reported earnings for the first quarter of 2022. — It could be one of its last as a public company …
Google now accepts requests to remove Search results that include users' contact info, like physical addresses, phone numbers, and emails, and login credentials
If you put in a request and it agrees they're harmful — Google says it's expanding the types of personal information …
An overview of the iPhone's autocorrect feature and how it has evolved, including an interview with Ken Kocienda, who created the autocorrect keyboard software
Tpying truble? During the iPhone's first 15 years, its keyboard software has evolved, but it still sometimes flubs your lines.
Twitter says it overstated mDAUs from Q1 2019 to Q4 2021 by up to 1.9M per quarter because it counted multiple accounts owned by one user
How did this happen twice? — Twitter overstated the number of daily users on its service for three years straight, overcounting by up to 1.9 million users each quarter.
Meta says Reels takes up 20%+ of the time that people spend on Instagram, and says that video, overall, makes up 50% of the time that users spend on Facebook
Aisha Malik / TechCrunch :
Cloudflare says it mitigated a 15.3M rps HTTPS DDoS attack earlier this month, one of the largest of its kind, targeting a customer in the crypto industry
Internet infrastructure company Cloudflare said today that it mitigated one of the largest volumetric distributed denial of service (DDoS) attacks that has been recorded to date. Source: The Cloudflar...
Facebook's daily active users grew 1.6% QoQ to 1.96B in Q1 2022, vs. 1.94B est., a return to growth after Facebook's first-ever QoQ user decline in Q4 2021
Din cauza creșterii aberante a tarifelor la energie electrică ș … Emily McCormick / Yahoo Finance : Stock market news live updates: S&P 500, Dow close higher to recover some of Tuesday's losses; Nasda...
Meta's Reality Labs division posts a $2.96B loss in Q1 2022, up from a $1.8B loss in Q4 2021, on revenue of $695M, and says Reality Labs has ~17,000 employees
in the 2030s David Heaney / UploadVR : Zuckerberg Sees Project Cambria ‘Eventually Replacing Your Laptop’ Kali Hays / Insider : Mark Zuckerberg tries to reassure investors that Facebook's metaverse is...
Google expands its sensitive ad categories, letting users limit ads for dating, parenting, weight loss, and more across its Display network, not just YouTube
The company is adding to its sensitive ad categories — Google is expanding its sensitive ad categories options …
What went wrong at Netflix: sources say VP of content Cindy Holland's departure in 2020 let chief content officer Ted Sarandos prioritize quantity over quality
As rivals toggle between schadenfreude and fear, top creators and insiders are increasingly becoming vocal about what's gone wrong with the streaming giant's culture.
Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B
Daniel Howley / Yahoo Finance : Tweets: @alexeheath , @alexeheath , and @alexeheath See also Mediagazer Tweets: Alex Heath / @alexeheath : Mark Zuckerberg on Meta earnings call moments ago: “with our...
The NSA says it has re-awarded its $10B cloud computing contract, codenamed “Wild and Stormy”, to AWS, after Microsoft contested the decision
Amazon Web Services beat out Microsoft for the contract after a bid protest battle. — The National Security Agency has re-awarded …
Internal email: Amazon now permanently lets its warehouse workers keep their cell phones while they work, after temporarily lifting its ban during the pandemic
The concession to warehouse workers follows the first union victory at an Amazon warehouse in US history. — Lauren Kaori Gurley
An OSHA probe into an Illinois warehouse collapse that killed six Amazon workers levies no fines or penalties after finding Amazon met minimal safety standards
so that workers' lives are prioritized over profit. https://www.cnbc.com/... Annie Palmer / @annierpalmer : New: OSHA has released the findings of its investigation into a deadly Amazon warehouse coll...
Global PC shipments fell 4.3% YoY in Q1 2022 to 78.7M units; Apple shipments rose 8% YoY while HP fell 16% due to decreasing Chromebook sales
Taipei, London, Hong Kong, Boston, Toronto, New Delhi, Beijing, Seoul - April 28, 2022 — Global PC shipments fell 4.3% YoY in Q1 2022 …
Weibo says it will publish the locations of users based on IP addresses on their account pages and posts to combat “bad behaviour”; users cannot opt-out
Weibo , China's equivalent of Twitter, told users on Thursday it would start to publish their IP locations on their account pages …
Replying to tweets from right-wing users, Elon Musk boosts criticism of Twitter executives Vijaya Gadde and Jim Baker, leading to more users joining the attacks
Yesterday, with as little fanfare as possible, I downloaded my archive and deactivated my Twitter account. Dirt : White hot — Dirt is a daily email about entertainment. … not.not.reading Karissa Bel...
Sources: the EU will file antitrust charges against Apple next week for allegedly blocking third-parties from using NFC for Apple Pay
EU will accuse the tech giant of blocking financial groups from its Apple Pay mobile system — Apple is set to face fresh antitrust charges …
Microsoft says at least six Russia-aligned actors launched 237+ cyberattacks against Ukraine from Feb. 23 to Apr. 8, including ~40 threatening civilian welfare
Tom Burt / Microsoft On the Issues :
Central African Republic lawmakers vote unanimously to adopt bitcoin as legal tender, the second country to use bitcoin as official currency after El Salvador
Study of 100 popular Twitter accounts: two days after Twitter accepted Elon Musk's bid, conservatives gained 17,229 followers on average and liberals lost 6,062
that's nearly 25 times its daily average of +550 new followers. https://twitter.com/... Caroline Orr Bueno, Ph.D / @rvawonk : Lauren Boebert has gained more than 43,000 followers since yesterday — tha...
Google blocked 1M+ apps that violated its policies from being published on the Play Store in 2021, and banned 190K developer accounts for malicious behavior
No one wants some off-brand Candy Crush knockoff melting their phone — As smartphones become the primary device for millions of users …
Apple debuts Self Service Repair in the US for iPhone 12, iPhone 13, and new iPhone SE models, and plans to expand to Europe and add M1 Macs by the end of 2022
Antwerp-based Venly, which makes tools for companies to offer NFTs, wallets, and other blockchain services, raises a €21M Series A led by Courtside Ventures
To increase its reach in the gaming industry, the Belgian startup will launch an accelerator track for game studios and web3 startups
India requires cyber incidents reported within 6 hours, VPN providers to register users' real names, wallet providers to keep KYC records for five years, more
India's nodal cybersecurity agency, Computer Emergency Response Team (CERT-In), has directed all service providers, intermediaries …
Samsung reports Q1 operating profit of ~$11.1B, up 51% YoY, on revenue of ~$61.4B, up 19% YoY, driven by memory chip revenue of ~$21.23B, up 39% YoY
Reuters : Source: Samsung Newsroom .
Experts speculate as to what Elon Musk's takeover means for Twitter users' privacy; some worry that there is nothing stopping him from accessing users' DMs
In a ruling against Meta, the EU's top court affirms that consumer protection agencies can bring lawsuits against infringements of GDPR laws protecting data
Natasha Lomas / TechCrunch :
German soccer media service OneFootball, which has 100M+ MAUs, raises a $300M Series D and says it plans to expand into blockchain-based experiences
Megha Paul / Tech.eu :
PayPal reports Q1 revenue of $6.48B, up 8% YoY, vs. $6.6B est., net income of $1.03B, down from $1.46B YoY, Total Payment Volume of $323B, up 15% YoY
Q1'22: Solid start to the year with better-than-expected revenue growth Ibukun Ogundare / Coinspeaker : PayPal (PYPL) Stock Up 2% as Company Reports Q1 2022 Performance MK Manoylov / The Block : PayPa...
Qualcomm reports Q2 revenue of $11.16B, up 41% YoY, vs. $10.6B est., net income of $3.7B, up 68% YoY, and chip segment revenue of $9.55B, up 52% YoY
Kif Leswing / CNBC :
Sources: PayPal is closing its San Francisco office, which houses its Xoom unit, as it evaluates its global footprint; staff from the office will work virtually
Good morning! People are skeptical of Elon Musk's Twitter takeover … Jordan Parker Erb / Insider : 10 Things in Tech: Earnings week woes ABC7 : PayPal to shut down San Francisco office starting June ...
UK-based Argent Labs, which is developing a service to buy, store, and transact 240 Ethereum-based tokens, raises $40M led by Fabric and Metaplanet
Bloomberg :
Berlin-based Taxfix, which offers a mobile app for filing taxes, raises a $200M Series D led by Teachers' Venture Growth at a $1B+ valuation
Ingrid Lunden / TechCrunch :
A US federal judge denies Elon Musk's request to scrap a 2018 SEC settlement that requires pre-approval for some of his tweets about Tesla or its shareholders
Ondo Finance, which is building a decentralized investment bank focused on DeFi stakeholders, raises a $20M Series A led by Founders Fund and Pantera Capital
PYMNTS.com :
Infosys co-founder Nandan Nilekani, who helped develop the Aadhaar biometric ID system, is spearheading a government effort to build an open e-commerce network
Saritha Rai / Bloomberg : Tweets: @saritharai Tweets: Saritha Rai / @saritharai : A billionaire is helping India's small traders, kiranas and brands, big and small, take on the online heft of Amazon ...
Pinterest reports Q1 revenue of $575M, up 18% YoY, vs. $572.5M est., 433M MAUs, down 9% YoY, global ARPU of $1.33, up 28% YoY
Corporate data management and security startup Veza, formerly Cookie.ai, raises $50M led by Accel at a $500M valuation
Enveil, a B2B startup aiming to build data products that use homomorphic encryption, raises a $25M Series B led by USAA, bringing its total funding to $40M
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.
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.