Techmeme
April 28, 2021, 8:45 AM

Top News

Microsoft - Investor Relations:
Microsoft reports FY 2021 Q3 revenue of $41.7B, up 19% YoY, net income of $15.5B, up 44% YoY, Surface revenue up 12%, More Personal Computing revenue up 19%  —  Microsoft Cloud Fuels Third Quarter Results REDMOND, Wash. — April 27, 2021 — Microsoft Corp. today announced the following results …
Jennifer Elias / CNBC:
YouTube is on pace to book between $29B and $30B in revenue in 2021, equaling Netflix's expected revenue of $29.7B for the year  —  - YouTube is on pace to bring in annual revenue comparable to Netflix's.  — The Google-owned video platform is seeing a rise in more traditional television advertisers.
Alphabet:
Anne Steele / Wall Street Journal:
Spotify reports Q1 profit of €23M, up from €1M a year earlier, revenue of €2.15B, up 16% YoY, 356M MAUs, up 24% YoY, and 158M paid subscribers, up 21% YoY  —  Audio-streaming platform warns of uncertain growth as newer markets endure a surge in coronavirus cases
Manish Singh / TechCrunch:
Zomato files for $1.1B IPO in India and reports $91.8M in losses on revenue of $183.6M between April 1 and December 31, 2020  —  Indian food delivery startup Zomato on Wednesday filed for an initial public offering, becoming the first tech unicorn startup from the world's second largest internet market to do so.
Casey Newton / Platformer:
Interviews with Basecamp staff on how a “funny” customer names list sparked an internal reckoning and spurred Basecamp's societal and political discussion ban  —  How a list of “funny” customer names triggered an internal reckoning  —  I.  —  The controversy that embroiled …
Russell Brandom / The Verge:
Juli Clover / MacRumors:
Cat Zakrzewski / Washington Post:
Senators are probing whether Google tried to influence a Match Group employee's testimony at an antitrust hearing by allegedly calling the person ahead of time  —  Sens. Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah) are demanding more details about an alleged phone call between a Google employee and a Match Group employee.
More: The Verge, iTnews, The Hill, and CNBC
Tweets: @markseibel and @rachelbovardThanks:@lutherlowe
Tiernan Ray / ZDNet:
AMD Q1: revenue of $3.4B, up 93% YoY, net income of $555M, up 243% YoY, with EPYC sales driving Enterprise, Embedded and Semi-Custom revenue up 286% to $1.35B  —  AMD said its revenue from chips shipping into the data center more than doubled, quarter over quarter.
Ingrid Lunden / TechCrunch:
Stripe acquires TaxJar for its cloud-based, automated sales tax tools; financial details not disclosed, but PitchBook data says TaxJar had been valued at $179M  —  Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools …
Salvador Rodriguez / CNBC:
Mark Zuckerberg teases upcoming Instagram features to help creators make money, including a marketplace to match brands with creators, and more  —  - Facebook CEO Mark Zuckerberg announced a slew of features Instagram is working on to help creators generate more money from their content.
Sarah McBride / Bloomberg:
Iterable, which offers SMS, email, and app notification growth marketing services and is valued at ~$2B, ousts CEO for taking LSD before a board meeting in 2019  —  Marketing startup Iterable Inc. dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday.

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