Techmeme
April 29, 2021, 9:35 AM

Top News

Apple:
Apple reports record Q2 revenue of $89.6B, up 54% YoY, net income of $23.6B, up from $11.2B YoY, iPhone sales of $47.9B, up from $29B YoY  —  Revenue up 54 percent to new March quarter record  —  Services and Mac revenue reach new all-time high  —  Apple today announced financial results …
Malcolm Owen / AppleInsider:
Apple Q2: record Mac sales of $9.1B, up from $5.4B last year, iPad sales of $7.8B, up from $4.4B, Wearables, Home, and Accessories sales of $7.8B, up from $6.3B  —  Apple earned $89.6 billion in revenue for the second fiscal quarter of 2021, a huge Wall Street beat attributed in large part …
Chance Miller / 9to5Mac:
Alex Weprin / Hollywood Reporter:
Investor Relations:
Facebook reports Q1 revenue of $26.2B, up from $17.7B YoY, MAUs of 2.85B, up 10% YoY, headcount of 60,654, up 26% YoY, avg. ad price up 30% YoY; stock rises ~5%  —  MENLO PARK, Calif., April 28, 2021 /PRNewswire/ — Facebook, Inc. (Nasdaq: FB) today reported nancial results for the quarter ended March 31, 2021.
Stephanie Condon / ZDNet:
Facebook says Q1 ad revenue was $25.4B, up 46% YoY, expects continued growth in Q2, with headwinds in H2 due to regulatory changes and Apple's iOS 14.5 update  —  The average price per ad in Q1 increased by 30 percent year-over-year, driving up Facebook ad revenue growth.
Manish Singh / TechCrunch:
Facebook blocked all posts with “#ResignModi” in India, says they were blocked by mistake and not due to a govt. order, and that posts have now been restored  —  Updated at 1.17am IST, Thursday: Facebook comms Andy Stone said the company has restored the posts and is “looking into what happened.”
Chaim Gartenberg / The Verge:
Google finally gives users a way to search through Stadia's 172 games, 526 days after the service's launch  —  If only Google knew anyone with experience building search engines  —  Stadia is an online game streaming service from Google, a company that is practically synonymous with search engines …
Kurt Schlosser / GeekWire:
Amazon will invest $1B+ to increase wages for more than 500K of its warehouse workers by $.50 to $3 an hour, rolling out from mid-May to early June  —  Amazon announced Wednesday that it plans to invest more than $1 billion in wage increases for its operations workers, promising raises …
Gilad Edelman / Wired:
Q&A: Evelyn Douek, a lecturer and Ph.D. student at Harvard studying online speech regulation, on why a “proportional” approach to online speech is a good thing  —  Major platforms' policies aren't actually inspired by the First Amendment.  This legal scholar says that's a good thing.
Kyle Wiggers / VentureBeat:
Cloud data storage startup Wasabi raises $112M Series C led by Fidelity Management, bringing its total raised to $219M  —  Join Transform 2021 this July 12-16.  Register fo r the AI event of the year.  —  Cloud data storage company Wasabi today announced that it raised $112 million in series C financing …
More: TechCrunch and FinSMEs
Natalia Drozdiak / Bloomberg:
Manna, a drone delivery service for food, groceries, and more, raises $25M Series A led by Draper Esprit to expand into the US and add more services  —  - Manna has hired former Google Wing executive to head up U.S.  — Series A led by Draper Esprit with Team Europe, DST Global
Ben Lovejoy / 9to5Mac:

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Fri. 11/22 - An LLM Siri But... Only The Year AFTER Next?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:35 AM ET, April 29, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Abner Li / 9to5Google:
Monica Chin / The Verge:
Josef Adalian / Vulture: