Techmeme
April 30, 2019, 6:05 PM

Top News

Apple:
Apple reports Q2 revenue of $58B, down 5% YoY, with international sales accounting for 61% of Q2 revenue, record services revenue of $11.5B; stock up 5%+  —  Services Revenue Reaches New All-Time High of $11.5 Billion  —  Apple today announced financial results for its fiscal 2019 second quarter ended March 30, 2019.
Chris Welch / The Verge:
Apple reports Q2 iPhone revenue of $31.1B, vs $30.5B est., down from $37.6B YoY, Mac revenue of $5.5B, down from $5.8B, iPad revenue of $4.9B, up from $4B YoY  —  iPhone and Mac sales down, iPad and services way up  —  Apple just reported its second quarter financial results …
Paul Sawers / VentureBeat:
Facebook unveils plans for Messenger app for Windows and macOS, a new social video-watching feature, a lightweight and full-featured version of Messenger, more  —  Ahead of its annual F8 developer conference in San Jose, Facebook has offered a glimpse into some of the things it's cooking …
Josh Constine / TechCrunch:
Facebook Dating launches in 14 more countries, will come to US in 2019, adds Secret Crush feature to let users select up to 9 friends for Tinder-like matching  —  Facebook built Dating to be privacy-safe, hoping to avoid the awkwardness of friends or family checking out your romance profile.
Richard Nieva / CNET:
Zuckerberg opens F8 reiterating Facebook's new focus on a “privacy-focused communications platform” prioritizing end-to-end encryption and interoperability  —  Mark Zuckerberg says Facebook is doubling down on privacy.  —  At F8, the social network's annual developer conference …
Josh Constine / TechCrunch:
Messenger adds a Close Friends tab, the ability for users to book appointments with merchants, other business tools like lead generation chatbot templates, more  —  To win chat, Facebook Messenger must be as accessible as SMS, yet more entertaining than Snapchat.
Alphabet Investor Relations:
Alphabet says Eric Schmidt and Diane Greene will not seek re-election to Alphabet's board; Schmidt will continue his role as a technical adviser to Alphabet  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced it has appointed Robin L. Washington to its Board of Directors.
Nick Statt / The Verge:
Instagram is launching a camera redesign to make it easier to make high quality posts without importing media, adds dedicated shopping tags for creators  —  Turning Instagram into a more robust commerce platform  —  Instagram is announcing a couple of new features today that are designed …
Ian Sherr / CNET:
Richard Nieva / CNET:
Google employees plan to hold a “sit-in” on May 1 to protest the alleged retaliation against staff from management over previous activism  —  Google workers are staging a sit-in Wednesday to protest alleged retaliation from management toward employee organizers at the company.
Nikhilesh De / CoinDesk:
General counsel to both Bitfinex and Tether says in an affidavit that the USDT stablecoin is only 74% backed by cash and equivalents as of April 30  —  The USDT stablecoin is only about 74 percent backed by fiat equivalents as of April 30, says its issuer's general counsel.
Andrew J. Hawkins / The Verge:
Bird is launching monthly scooter rentals for $24.99 in San Francisco and Barcelona  —  The company will even deliver the scooter right to your front door  —  If using an app to track down a nearby electric scooter to rent is too much of a crapshoot, Bird is now offering monthly rentals …
Wall Street Journal:
Cable operator Altice USA agrees to acquire streaming-video network Cheddar for $200M; Cheddar founder Jon Steinberg to become president of the Altice News unit  —  Cheddar founder and CEO Jon Steinberg is set to become president of Altice News, overseeing Cheddar, News 12 and i24News
Ju-min Park / Reuters:
Samsung posts a profit of $5.4B in Q1, down 60% YoY, as its semiconductor and mobile businesses post a 64% drop and a 40% drop in operating profits respectively  —  SEOUL (Reuters) - Samsung Electronics Co Ltd posted a 60 percent drop in first-quarter operating profit on Tuesday …

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More News

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Earlier Picks

BBC:
Ingrid Lunden / TechCrunch:
Sally Khudairi / The Apache Software Foundation Blog:
Joshua Benton / Nieman Lab: