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October 25, 2022, 6:35 PM
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| Alphabet: |
Alphabet reports Q3 revenue up 6% YoY from $65.1B to $69.09B, $13.91B net income, down from $18.94B YoY, 186,779 employees, up from 150,028 YoY; stock drops 5%+ — MOUNTAIN VIEW, Calif. - October 25, 2022 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2022.
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Thurrott, SiliconANGLE, and 9to5Google
Tweets: @jenn_elias, @kantrowitz, @carnage4life, and @byjulialove
| Todd Spangler / Variety: |
YouTube's ad revenue dropped 1.9% YoY to $7.07B in Q3, below expectations of $7.42B and representing its first year-over-year drop in at least two years — Overall, Alphabet, Google's parent company, also came in below analyst estimates. The company posted revenue of $69.1 billion and earnings per share of $1.06 for Q3.
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CNBC, Insider, Associated Press, Wall Street Journal, Android Central, and The Hollywood Reporter
Tweets: @levynews and @munster_gene
| Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
More:
Silicon Valley Business …, The Guardian, TheStreet, BBC, and Reuters
Tweets: @jason_kint and @marketwatch
| Microsoft: |
Microsoft Q1: revenue up 11% YoY to $50.1B, net income down 14% YoY to $17.6B, Office Commercial revenue up 7% YoY, LinkedIn revenue up 17% YoY; stock drops 6%+ — REDMOND, Wash. — October 25, 2022 — Microsoft Corp. today announced the following results for the quarter ended September 30 …
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Thurrott, New York Times, CNBC, Axios, SAP News Center, Microsoft, and OnMSFT.com
Tweets: @microsoft, @fxshaw, @fxshaw, @rustybrick, @chriskeall, and @epro
| Sheila Dang / Reuters: |
Internal research: Twitter has been losing “heavy tweeters”, who tweet three to four times a week, since the pandemic began, masked by an overall growth in DAUs — “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
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Gizmodo, The Block, Social Media Today, and Search Engine Journal
| James Vincent / The Verge: |
Shutterstock partners with OpenAI to let users generate stock images using DALL-E 2 “in the coming months” and launches a Contributor Fund to reimburse creators — Will AI image generators kill the stock image industry? It's a question asked by many following the rise of text-to-image AI models in recent years.
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The Verge, Shutterstock, Gizmodo, Bloomberg, SiliconANGLE, Engadget, PCMag, Digital Trends, Neowin, TheGamer, Gizchina, Geektime, TechCrunch, TechCircle, PetaPixel, PC Gamer, and Shutterstock, Inc.
Tweets: @jjvincent, @jjvincent, @jjvincent, @saranormous, @waxpancake, @blackamazon, @kantrowitz, @alex, @sub8u, @tuviae, @mayazi, @sarthakgh, @pt, @waxpancake, @random_walker, @martinsfp, @jonoringer, @azeem, @sandhya, @pt, and @minimaxir
| Matt Levine / Bloomberg: |
An in-depth look at crypto and blockchains: bitcoin and the underlying tech, the uses and meaning, the crypto financial system, and trust, money, and community — - What If You Don't Like It? — Digital Cash — Part II — What Does It Mean? — A Store of Value — A Distributed Computer
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Bitcoinist.com, Hacker Noon, CoinDesk, Bloomberg, and Coinmonks
Tweets: @bw, @matt_levine, @felixsalmon, @ftrain, @matt_levine, @silviakillings, @felixsalmon, @mdudas, @bitfinexed, @seyitaylor, @seyitaylor, @fd, @ivanthek, @marypcbuk, @twobitidiot, @thestalwart, @seyitaylor, @felixsalmon, @dustinparkes, @cptn3mox, @packym, @mitchellfchan, @joshelman, @ivanthek, @olgakharif, @chafkin, @cwarzel, @acityinohio, @deadcaitbounce, @kevinroose, @vtg2, @aaronlammer, @el33th4xor, @pujaohlhaver, @anildash, @digitalassetbuy, @tayvano_, @callieabost, and @katienotopoulos
| Daryna Antoniuk / The Record: |
Australia's AG unveils plans for tougher online privacy laws after several major data breaches, including increasing fines from AU$2.22M to AU$50M or more — Australia plans to strengthen its online privacy laws following several major data breaches, attorney-general Mark Dreyfus said in a statement on Saturday.
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Reuters, Attorney-General of Australia, The Register, Reuters, APRA, ZDNet, and TechCrunch. Tweets: @campuscodi
| Patrick Coffee / Wall Street Journal: |
A look at the increased use of celebrity deepfakes in ads, with or without their permission, raising legal and ethical questions for the marketing industry — Digital simulations of Elon Musk, Tom Cruise, Leo DiCaprio and others have shown up in ads, as the image-melding technology grows … | Andrew Romero / 9to5Google: |
Samsung rolls out Maintenance Mode, meant to keep a device's data locked away from technicians during repair, to select Galaxy devices with One UI 5 worldwide — Handing your phone off to be repaired can be a little anxiety-inducing, given that it contains your valuable info.| Tom Warren / The Verge: |
WhatsApp says it has fixed an issue that caused a major outage for the app worldwide, lasting from around 3AM to 5AM ET — WhatsApp went down in a major outage affecting the communications app for two hours today. The service started experiencing issues at around 3AM ET, with users greeted with a “connecting” message.
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Downdetector, TechCrunch, TechCrunch, Insider, New York Times, Livemint, DCD, Android Police, Bloomberg, Sky News, CNBC, Firstpost Tech, Cointelegraph, iPhone in Canada Blog, Digit, Club386, Coinspeaker, TechCircle, Panda Security Mediacenter, The Economic Times, 3 minute daily prep newsletter, Enterprise Times, Associated Press, and CNN
Tweets: @punjabiii_munda, @imamandubey, @netblocks, @gingerpower_, @realmadriden, @lisafleisher, @paoloardoino, @gossithedog, @jessicaelgot, @tomwarren, @lewis_goodall, @tomwarren, @belikeshane, @glcarlstrom, @mrboboskie, @jayminsofficial, @ksi, @edjeff, @akreana_, @oliviasolon, @primevideoin, @newley, and @vodkatweetz
| Dawn Chmielewski / Reuters: |
Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 6%+ on ad growth miss — Audio streaming service Spotify Technology SA (SPOT.N) Tuesday surpassed Wall Street's estimates for revenue and subscriber gains … | Emily Baker-White / Forbes: |
Sources: ByteDance launched audits into TikTok Chief Security Officer Roland Cloutier before he quit, hamstringing his efforts to build a robust security team — Roland Cloutier, a U.S. Air Force veteran and former law enforcement officer, stepped down as TikTok's Global Chief Security Officer …
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Techdirt. Tweets: @forbes, @forbes, @ebakerwhite, @ebakerwhite, @ebakerwhite, @ebakerwhite, @forbes, and @forbes. Thanks:@alexrkonrad
| Josh Ye / Reuters: |
Sources: Microsoft stocks up on Chinese games to emulate Sony's success with Genshin Impact; filings show Microsoft paid $4.8M for Snail Games' ARK and ARK 2 — Microsoft Corp (MSFT.O) is stocking up on Chinese video game content to emulate Sony Group Corp's (6758.T) success with “Genshin Impact” …
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Game Developer, Kotaku, Video Games Chronicle, Wccftech, OnMSFT.com, TrueAchievements, Gameranx, and TheGamer
Tweets: @serkantoto, @zhugeex, and @puertorock77_
| Monica Chin / The Verge: |
Microsoft Surface Pro 9 review: a 120Hz display with dynamic refresh, 5G, and a 1080p camera, but pricey without accessories, slow apps, and just two USB ports — Exceptional hardware is still marred by incompatibilies … Video calling. — After several days of using …
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Windows Central, ZDNet, PCMag, PCWorld, Tom's Hardware, CNET, and Tech Advisor
Tweets: @tomwarren, @pierce, and @dcseifert
| Monica Chin / The Verge: |
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ZDNet, XDA Developers, IGN, Tom's Hardware, XDA Developers, PCWorld, Digital Trends, and Tech Advisor
Tweets: @thurrott and @tomwarren
| Ben Thompson / Stratechery: |
China's path to advanced chip self-sufficiency is extremely complicated and relies upon re-creating many pieces of the foundry supply chain without outside help — Intel may not be the most obvious place to start when it comes to the China chip sanctions announced by the Biden administration three weeks ago … | Ivan Mehta / TechCrunch: |
Amazon begins letting select US customers pay with Venmo on its site and in its mobile app, with plans to roll out the option to all US shoppers by Black Friday — Amazon announced that it will now allow customers to make payments through Venmo on its platform.
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PayPal Newsroom, XDA Developers, Payments Dive, About Amazon, ZDNet, Wall Street Journal, Veem, Livemint, CNN, 9to5Mac, PCMag, The Verge, CNBC, PYMNTS.com, GeekWire, Bloomberg, Engadget, and WRAL TechWire. Tweets: @tonyajoriley
| Tim Bradshaw / Financial Times: |
The UK's FCA starts investigating Apple's, Amazon's, Google's, and Meta's moves into retail financial services over competition and consumer harm concerns — Financial Conduct Authority says Silicon Valley's resources might harm competition and disadvantage others
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Financial Conduct Authority, PYMNTS.com, iThinkDifferent, iMore, The Guardian, MacDailyNews, Crowdfund Insider, Philip Elmer‑DeWitt, 9to5Mac, and ExchangeWire.com
Tweets: @psb_dc, @fintechprguy, @drhotspur, and @leoringer
| Emma Roth / The Verge: |
Spotify criticizes Apple for being “anticompetitive”, after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published …
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New York Times, MacRumors, Spotify, AppleInsider, and 9to5Mac
| Kyle Wiggers / TechCrunch: |
The Netherlands-based Axelera AI, which is developing AI acceleration cards, systems, and software, raised a $27M Series A led by Innovation Industries — Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou …
More:
SiliconANGLE and Axelera AI
| Filipe Espósito / 9to5Mac: |
Apple updates App Store guidelines: apps can let users view their NFTs, as long as NFT ownership doesn't unlock in-app features, and browse others' collections — Following the release of iOS 16.1 and other software updates on Monday, Apple has updated the App Store guidelines to revise some existing rules and add new ones.
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CoinDesk, Bloomberg, CNBC, International Business Times, Mobile Dev Memo, Fortune, Gizmodo, SiliconANGLE, Video Games Chronicle, MacDailyNews, Cryptopolitan, The Guardian, PYMNTS.com, Cryptonews, Blockworks, and GamesIndustry.biz
Tweets: @eric_seufert, @doctorow, @jasonlbaptiste, @collins_belton, @lutherlowe, @gabrielhaines, @mdudas, @sandeepnailwal, @nickstatt, and @219_eth
| Juli Clover / MacRumors: |
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