Techmeme
April 30, 2020, 8:35 AM

Top News

Microsoft:
Microsoft Q3: revenue up 15% YoY to $35B, net income of $10.8B, up 22% YoY, Intelligent Cloud revenue of $12.3B, up 27%, LinkedIn revenue up 21%, Azure's up 59%  —  EDMOND, Wash. — April 29, 2020 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2020 …
Emil Protalinski / VentureBeat:
Microsoft says Teams has 75M+ DAUs, up from 44M in mid-March, a 70% increase, and attributes the growth to COVID-19  —  The coronavirus pandemic is juicing up numbers for remote work and learning.  Microsoft's fiscal Q3 2020 earnings call kicked off with CEO Satya Nadella sharing a slew of numbers.
Jordan Novet / CNBC:
Facebook:
Facebook Q1: $17.7B revenue, up 18% YoY, as DAUs rise 11% YoY to 1.73B, MAUs rise 10% YoY to 2.6B; COVID-19 will likely flatten Q2 revenue growth; stock up 8%+  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2020.
Salvador Rodriguez / CNBC:
Washington Post:
Survey of US adults finds skepticism about Apple and Google's COVID-19 contact tracing efforts, with smartphone owners split 50-50 on whether they would use it  —  Nearly 3 in 5 Americans say they are either unable or unwilling to use the infection-alert apps under development by Google and Apple …
Darrell Etherington / TechCrunch:
Reuters:
Tom Warren / The Verge:
Zoom admits it doesn't have 300M DAUs, quietly correcting a misleading claim in its original blog post, which now says 300M “daily Zoom meeting participants”  —  Zoom quietly updated a blog post earlier this month  —  Zoom has admitted it doesn't have 300 million daily active users.
Ingrid Lunden / TechCrunch:
Twitter reports Q1 sales up 3% YoY to $808M as it swings to a net loss of $8M due to COVID-19, mDAUs hit record 166M, up 24% YoY  —  Despite traffic for many online properties being at an all-time high, advertising has fallen off a cliff because of the downturn in consumer activity outside …
Manish Singh / TechCrunch:
Sensor Tower: TikTok and its Chinese version, Douyin, pass 2B downloads on Google Play and Apple's App Store; last quarter's 315M downloads beat its 205M record  —  TikTok, the widely popular video sharing app developed by one of the world's most valued startup (ByteDance) …
Jessica Bursztynsky / CNBC:
Filing: Lyft is laying off 17% of its workforce, or 982 staff, and will furlough 288 employees alongside salary cuts ranging from 10% to 30% for all staff  —  Lyft is laying off 982 employees and furloughing an additional 288, the company announced in a regulatory filing on Wednesday.
Catalin Cimpanu / ZDNet:
Google introduces new rules for the Chrome Web Store to cut down on spammy extensions, says developers must comply by August 27 or extensions will be delisted  —  Google plans to remove a bunch of garbage and useless Chrome extensions from the Web Store.  —  Google announced today new rules …
Taylor Lyles / The Verge:
Facebook rolls out a tool that lets users in the US and Canada transfer their photos and videos to Google Photos as part of the Data Transfer Project  —  Facebook launched the tool in Ireland last year  —  Facebook is rolling out a new tool today allowing users in the US and Canada to transfer …
More: Reuters
Sarah Perez / TechCrunch:
Twitter updates its API platform to make it easier for developers and researchers to study the public conversation around COVID-19  —  Twitter is making it possible for developers and researchers to study the public conversation around COVID-19 in real time with an update to its API platform.
Zach Edwards:
Researcher: major sites like Wish and Mailchimp were leaking email addresses to ads and analytics companies including Facebook and Twitter via URL query strings  —  Breaches have been found on websites including Wish.com, JetBlue.com, Quibi.com, WashingtonPost.com, NGPVan.com and numerous other organizations...
Paayal Zaveri / Business Insider:
Salesforce is moving all of its events in 2020 online, including Dreamforce, which drew over 170K attendees in 2019, contributing $150M+ to the SF economy  —  - Salesforce is cancelling all its events for the rest of 2020 and making them virtual, including its annual Dreamforce conference.
Shirin Ghaffary / Vox:
Sources: Amazon has begun cracking down on communication across its widely-read email listservs after employees used them to protest and organize  —  Amazon and other tech employees protesting during the global climate strike in September 2019.  Karen Ducey/Getty Images
Dan Primack / Axios:
Andreessen Horowitz raises $515M for its second fund dedicated to cryptocurrency and blockchain technologies  —  Venture capital firm Andreessen Horowitz has raised $515 million for its second fund dedicated to cryptocurrency and blockchain technologies.  —  Strategy: Like its $300 million predecessor …
More: Fortune
Ingrid Lunden / TechCrunch:
Spotify beats with Q1 revenue of €1.8B and net income of €1M; MAUs rose 31% YoY to 286M, premium users rose 31% to 130M, and ad-supported MAUs rose 32% to 163M  —  The coronavirus may be decimating some corners of the economy, but the impact on the digital music …

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