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April 28, 2020, 11:35 PM
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| Alphabet: |
Alphabet reports revenue of $41.2B, up 13% YoY, net income of $6.8B, up from $6.7B YoY, Other Bets operating loss grew to $1.1B; headcount grew to 123K, up ~20K — MOUNTAIN VIEW, Calif. - April 28, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2020.
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VentureBeat, The Verge, Forbes, CNBC, Forbes, SiliconANGLE, Search Engine Land, Android Police, TechCrunch, Silicon Valley Business …, ZDNet, Engadget, Reuters, Thurrott, Android Central, Adweek, and MSPoweruser
Tweets: @lamonicabuzz, @mhbergen, @dadaben_, @ryan_browne_, @cnbcnow, @srussolillo, @dee_bosa, @jenn_elias, @megancgraham, and @jaypeters
| Jay Peters / The Verge: |
Google's teleconferencing service, Meet, is adding 3M new users per day, up from 2M earlier this month, with 100M DAUs compared to Zoom's 300M — That's up from two million per day earlier this month — Google's Meet teleconferencing service is now adding about 3 million users per day …
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Pocketnow
| Jennifer Elias / CNBC: |
In an email to staff, Google CEO Sundar Pichai said the company will allow employees to return to offices no earlier than June 1 and take a “staggered” approach — - Google CEO Sundar Pichai said the company will allow employees to return to offices no earlier than June 1 …
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Business Insider, KnowTechie, CNET, and Forbes
Tweets: @caseynewton, @ivanthek, @alcardenasfl_dc, @dangraziano, and @dannypage
| Todd Bishop / GeekWire: |
Google Cloud revenue increased 52% to $2.78B in Q1, driven by “significant growth” in Google Cloud Platform and “ongoing strong growth” in G Suite — Google Cloud revenue increased 52% to $2.78 billion in the first quarter, helping Google parent Alphabet beat Wall …
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South China Morning Post, Business Insider, AdExchanger, and SiliconANGLE. Thanks:@mnickelsburg
| Jon Swartz / MarketWatch: |
Alphabet Q1 earnings show the pandemic is responsible for “a significant slowdown in ad revenues”, with $33.8B revenue from ads; stock up ~9% after hours — Earnings come in lower than diminished expectations, but sales growth tops projections despite COVID-19 effects — Referenced Symbols
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9to5Google, Wall Street Journal, and Associated Press
Tweets: @jamesvgrimaldi, @aishaalmuslim, @carnage4life, @wsj, and @mdudas
| Amir Efrati / The Information: |
Source: Uber executives discuss cutting ~20% of its 27,000 headcount in the coming weeks; company veteran CTO Thuan Pham has resigned — Executives at Uber are discussing plans to cut around 20% of the company's employees, as it copes with a sharp decline in its ride-hailing business due …
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SEC.gov, Fox Business, TechCrunch, South China Morning Post, Bloomberg, Gizmodo, Business Insider, Forbes, USA Today, Axios, SiliconANGLE, The Verge, Business Insider, Telegraph, Reuters, New York Post, and PYMNTS.com
Tweets: @edbott, @work_matters, @amir, @amir, @carnage4life, @veenadubal, @yoda, @rolandlisf, @bizcarson, @nixcraft, @econ_marshall, @triketora, and @kateclarktweets
| Matt Stroud / OneZero: |
The CEO of Banjo, a SoftBank-backed surveillance firm that's raised nearly $223M, was once a neo-Nazi and was involved in the drive-by shooting of a synagogue — magazine profiles and on conference stages, Damien Patton, the 47-year-old co-founder and CEO of the surveillance startup Banjo, often recounts a colorful autobiography.
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Deseret News, Input, OneZero , and Business Insider
Tweets: @davegershgorn, @sltrib, @ozm, @josephfcox, @_cingraham, @dlberes, @willoremus, @ryan, @antumbral, @karlitaliliana, @bubbaprog, @sarahbmyers, @blakersdozen, @phd_femme, @cklaughlin, @cjane87, @ozm, @ericgeller, @antifagator, @bcmerchant, @film_girl, @schwindter, @josephfcox, @bendwalsh, @sltrib, @sivavaid, @ozm, @willsommer, @mer__edith, @ozm, @ozm, and @so_treu
| Casey Newton / The Verge: |
YouTube adds fact-check info boxes to some searches, above the search results, in the US, after launching in Brazil and India last year — The program launched in Brazil and India last year — YouTube will begin adding informational panels containing information from its network …
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YouTube Blog, Input, Poynter, TechCrunch, Ubergizmo, Search Engine Journal, Variety, Adweek, Android Central, The Daily Hodl, Reclaim The Net, Engadget, Pocketnow, Android Police, Mashable, Social Media Today, Digital Trends, SlashGear, and The Next Web
Tweets: @youtubeinsider, @alxthomp, @politifact, @mccanner, @mattnavarra, @rkyncl, and @factcheckdotorg
| Wall Street Journal: |
Sources: Zuckerberg more actively in charge of Facebook after five departures from board of directors since 2019, as he attempts to consolidate decision-making — The 35-year-old tycoon has recast the company's board of directors and sought a high-profile role for the social-media giant in the Covid-19 pandemic
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CNET, Business Insider, and Seeking Alpha
Tweets: @nilofer, @wsj, @profgalloway, @mattzeitlin, @karissabe, @dseetharaman, @ron_miller, @jeffbercovici, @michaelzimmer, @pierce, @wadhwa, @kantrowitz, @joannastern, and @dseetharaman
| Darrell Etherington / TechCrunch: |
Apple adds COVID-19 testing site information to Apple Maps across the US and makes improvements to its Mobility Trends site — Apple has now added COVID-19 testing sites to its Apple Maps app across the U.S., covering all 50 states and Puerto Rico. The update provides testing locations …
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Engadget, The Verge, 9to5Mac, Streetsblog USA, MacRumors, SlashGear, Appleosophy, MacDailyNews, and AppleInsider. Tweets: @frontier_anon
| Andy Greenberg / Wired: |
Kaspersky researchers detail a targeted espionage campaign via Play Store spyware apps, aimed at a few hundred users in Vietnam, Bangladesh, Indonesia, India — Malicious Android apps from the so-called PhantomLance campaign targeted hundreds of users, and at least two slipped past Google's defenses.
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Securelist, Dark Reading, Security Affairs, CyberScoop, SecurityWeek, BleepingComputer, and ZDNet
Tweets: @lorenzofb, @a_greenberg, @efremov_andrew_, @k_sec, and @ericgeller
| David Gelles / New York Times: |
A look at efforts by the tech industry to procure PPE for frontline workers, including one led by Salesforce's Marc Benioff to secure 50M pieces of PPE for $25M — A call from a university chancellor set in motion a private sector effort to procure 50 million masks, gowns and swabs for American medical facilities.
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Business Insider. Tweets: @sbuscemi, @ntaychak, @kedar_doshi, @nytimes, @donal888, @benioff, and @btaylor
| Ron Miller / TechCrunch: |
Cybersecurity firm Rapid7 is acquiring DivvyCloud, a cloud security and governance startup, for $145M in cash and stock — Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud, a cloud security and governance startup for $145 million in cash and stock.| Christina Farr / CNBC: |
How a handful of employees at Apple quickly pushed forward the development of a contract tracing API and collaboration with Google in less than a month — - Apple and Google announced a partnership to bring contact tracing to smartphones on April 10th. Their software toolkit will be released on Friday.
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USA Today, iMore, Naked Security, MacRumors, iPhone Hacks, AppleInsider, iDownloadBlog.com, Cult of Mac, Input, iPhone in Canada Blog, CNET, International Business Times, 9to5Mac, Android Central, and Business Insider
Tweets: @chrissyfarr, @mettevd, @ohunt, @mikesimonsen, @jimprosser, @martinvetterli, @mattrosoff, and @fabiochiusi
| Sarah Perez / TechCrunch: |
Spotify's Anchor launches a tool that turns video chats into podcast-ready audio; works with a range of videochat products including FaceTime and Instagram Live — Spotify is tapping into the increased usage of video conferencing during the coronavirus quarantine to grow its own podcast business.
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Nieman Lab, Anchor blog, Los Angeles Times, SlashGear, MobileSyrup, The Verge, Engadget, Input, and Marketing Land
| Taylor Lorenz / New York Times: |
Instagram has been overrun with cash giveaways, which are often framed as charity, but are part of growth schemes run by social media marketing firms — As the coronavirus continues to disrupt lives and livelihoods, influencers are offering free money to followers — and gaining a lot more in return.| Kirsten Korosec / TechCrunch: |
Ford says it is delaying the commercial launch of its self-driving vehicle services being developed with Argo AI to 2022, to reassess its strategy amid COVID-19 — Ford said Tuesday it will delay plans to launch an autonomous vehicle service to 2022, as the COVID-19 pandemic has prompted … | Hyunjoo Jin / Reuters: |
Samsung reports Q1 earnings with total revenue ~$45.4B, up 5.6% YoY, and operating profit of ~$5.2B, up 3% YoY, as chip demand was solid amid COVID-19 crisis — SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) said its operating profit rose 3% in the January to March period …
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CNET, ZDNet, SiliconANGLE, Reuters, Samsung Global Newsroom, and SamMobile
| Sarah Perez / TechCrunch: |
Instagram launches a way for users to fundraise for nonprofits while livestreaming, showing streamers a breakdown of donors, so they can give them a shout-out — Instagram is today launching a new way for users to fundraise for nonprofits via Instagram Live, amid the coronavirus pandemic.
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Engadget, Instagram, Mashable, The Verge, Android Central, The NonProfit Times, Tubefilter, Neowin, Later Blog, Newsweek, and Social Media Today
Tweets: @karissabe and @danprimack
| Ryan Kovatch / 9to5Google: |
Google is shutting down Shoelace, a hyper-local social networking app it had launched in New York City in July 2019 — In July 2019, Google's experimental project incubator Area 120 launched a new local meetup app that would connect users in New York City.
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Android Police
| Issie Lapowsky / Protocol: |
Microsoft is pushing privacy bills, modeled on the Washington Privacy Act it failed to get passed twice, in Arizona, Hawaii, Illinois, and Minnesota — The company is pushing versions of the failed Washington Privacy Act in at least four states far from Redmond.
Tweets: @aclu_wa and @issielapowsky
| Ryan Browne / CNBC: |
British payments firm Checkout.com joins the Libra Association, the first payments processor to do so since Visa, Mastercard, and Stripe pulled out in October — - Checkout.com is the first payments firm to join the Libra Association after Visa, Mastercard and Stripe pulled out over regulatory concerns.
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Checkout.com, Cointelegraph, The Block, CoinDesk, BitcoinExchangeGuide, and Reuters
Tweets: @libra_, @ryan_browne_, @checkout, @messaricrypto, and @cnbc
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