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April 28, 2023, 2:45 AM
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Mediagazer
memeorandum
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| Amazon: |
Amazon reports Q1 revenue up 9% YoY to $127.4B, a $3.2B net income, vs. a $3.8B net loss YoY, AWS revenue up 16% YoY to $21.4B, and staff down 10% YoY to 1.47M — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023.
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Bloomberg, PYMNTS.com, The Information, The Verge, Bloomberg, Investor's Business Daily, GeekWire, Thurrott, The Economic Times, The Hollywood Reporter, Reuters, The Guardian, Wall Street Journal, Neowin, and Reuters
LinkedIn:
Martin Heubel. Tweets:
@thetranscript_, @rihardjarc, @bolthype, @negativegw, @rihardjarc, @refsrc, @danielnewmanuv, and @munster_gene
| Annie Palmer / CNBC: |
Amazon reports Q1 ad revenue up 21% YoY to $9.5B, vs. $9.1B est., subscription revenue up 15% YoY to $9.7B, and North America segment sales up 11% YoY to $76.9B — - Amazon reported first-quarter sales on Thursday that beat analysts' estimates. — The stock fell in extended trading …
More:
RTÉ, Agence France-Presse, BigTechWire, Financial Times, CRN, SiliconANGLE, and The Information. Tweets:
@thetranscript_
| Ellen Huet / Bloomberg: |
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022 — Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday.
More:
Clubhouse Blog, The Verge, The Information, The Hollywood Reporter, Axios, Hypepotamus, Gizmodo, Engadget, CNBC, TechCrunch, and Slashdot
Tweets:
@pdavison, @ankit_quant, @pdavison, @joshconstine, @danprimack, and @carlquintanilla
| Tom Warren / The Verge: |
Microsoft discontinues Microsoft-branded mice, keyboards, and webcams, to focus on its Surface brand for PC accessories; Microsoft's first mouse debuted in 1983 — Microsoft will no longer manufacture mice, keyboards, and webcams that are Microsoft-branded.
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gHacks Technology News, Nikkei Asia, MobileSyrup, BigTechWire, Thurrott, SlashGear, Neowin, XDA Developers, and GameSpot
Mastodon:
@shac@ioc.exchange, @lightweight@mastodon.nzoss.nz, and @shac@ioc.exchange
Tweets:
@stshank, @leonkiriliuk, @yevp, and @tomwarren
| Bloomberg: |
The New York City MTA ends its Twitter service alerts, saying the platform is “no longer reliable”; MTA: Twitter demanded $50K per month for API access — New York City's mass-transit system is ending its real-time service alerts on Twitter for subway, train and bus riders …
More:
The Verge, Engadget, CNN, Associated Press, Fox Business, New York Post, CBS News, abc7NY, and Gothamist
Tweets:
@mta, @jgee, @mrmedina, @asianamproject, @mollyjongfast, @jonostrower, @sivavaid, @marklevinenyc, @bgrueskin, @bobbybigwheel, and @harikunzru
| Sarah Perez / TechCrunch: |
Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network — Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform.
More:
Social Media Today, The Information, BBC, Search Engine Land, and MarketWatch. LinkedIn:
Briana Finelli
| Olga Kharif / Bloomberg: |
A US federal judge orders South Africa-based bitcoin pool operator Mirror Trading's CEO to pay $3.4B after CFTC charged the company with a $1.7B fraud in 2022 — A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for a fraud scheme involving Bitcoin … | Wayne Ma / The Information: |
Sources detail how organizational dysfunction and a lack of ambition bogged down Apple's AI and ML efforts, including the work of the group responsible for Siri — Late last year, a trio of engineers who had just helped Apple modernize its search technology began working on the type …
More:
9to5Mac, Bloomberg, Philip Elmer‑DeWitt, AppleInsider, MacRumors, Tom's Guide, Redmond Pie, iThinkDifferent, BGR, iPhone in Canada Blog, iMore, WRAL TechWire, and The Verge
Tweets:
@amir, @theinformation, @mvpeers, @economictimes, @business, @parismarx, @opinion, @waynema, @tomfgoodwin, @robleathern, @amir, @theo_wayt, @mhbergen, @amir, @cherthedev, and @scobleizer
| Jonathan Vanian / CNBC: |
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+ — - Snap came in light on revenue and ARPU in its first-quarter earnings report. — The company said its “internal forecast” … | BBC: |
Microsoft's Brad Smith says the UK CMA's move to block the Activision deal is “bad for Britain” and “is probably the darkest day in our four decades in Britain” — Microsoft's president has attacked the UK after it was blocked from buying US gaming firm Activision …
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Bloomberg, GamesIndustry.biz, Bloomberg, Financial Times, CoinGape, OnMSFT.com, IGN, Game Rant, Game Developer, Platformer, Vox, New York Times, Appuals.com, PC Gamer, BigTechWire, TechPowerUp, BBC, iPhone in Canada Blog, GameSpot, Bloomberg, Gameranx, RTÉ, Push Square, TrueAchievements, Video Games Chronicle, Light Reading, Windows Central, Eurogamer.net, Neowin, Wccftech, Reuters, The Verge, Slashdot, and Dexerto
| Cecilia D'Anastasio / Bloomberg: |
More:
CNBC, The Verge, MediaNama, Eurogamer.net, Bloomberg, Competition and Markets Authority, and BBC
Tweets:
@boosteroid_main, @charlesfitz, @cmagovuk, @cmagovuk, @fosspatents, @cmagovuk, @deeketweak, @hazzadorgamin, @zoidctf, @gameoverthirty, @deeketweak, @cecianasta, @cecianasta, @senninsage, @projektxbox10, @jezcorden, @senninsage, @jezcorden, @cmagovuk, @fosspatents, @mikeisaac, @peterovo5, @tomwarren, @wario64, and @s8mb
| Ingrid Lunden / TechCrunch: |
Dropbox plans to lay off 16% of its staff, or ~500 employees; CEO Drew Houston blames slowing growth and because “the AI era of computing has finally arrived” — Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs.
More:
Work in Progress, International Business Times, The Verge, CNBC, Reuters, Computerworld, The Register, Tech.co, Gizchina, Neowin, Fast Company, San Francisco Business Journal, Tech Startups, Wall Street Journal, DatacenterDynamics, iPhone in Canada Blog, Forbes, and Data Center Knowledge
LinkedIn:
Luigi La Corte. Tweets:
@drewhouston, @theankurtyagi, @ponchorebound, @gergelyorosz, @scalzi, @gergelyorosz, @yoavgo, @tprstly, @william_fitz, and @johnkoetsier
| Ben Schoon / 9to5Google: |
Google TV rolls out its free built-in channels to all US users and adds offerings from Plex, Haystack News, and Tubi, for a total of 800+ free channels — After being announced earlier this month, Google TV is now widely rolling out its free, built-in streaming channels to all users alongside free channels from other providers.
More:
Cord Cutters News and Gizchina
| Aoyon Ashraf / CoinDesk: |
Robinhood introduces Connect, which allows users to fund their Web3 wallets without having to leave a decentralized app or be in their Robinhood Crypto accounts — The feature, Robinhood Connect, is already available on several decentralized apps, with more to onboard in the coming months.
More:
Under the Hood, Decrypt, Fortune, Cointelegraph, CryptoSlate, crypto.news, and Watcher Guru. Tweets:
@wublockchain
| CNBC: |
Coinbase offers a fiery response to the SEC's Wells notice from March 2023, saying enforcement action would present “major” risks to the SEC's regulatory model — - Crypto exchange Coinbase told the SEC that any enforcement action against the exchange would “fail on the merits” … | Blake Brittain / Reuters: |
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a contract covering its use of musicians' songs on the platform — TikTok rival Triller Inc has agreed to pay Sony Music Entertainment (6758.T) more than $4.5 million to resolve claims that Triller breached …
More:
Digital Music News, Billboard, and Music Business Worldwide
Tweets:
@reuterslegal and @reuterslegal
| Rohan Goswami / CNBC: |
Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+ — - Cloudflare issued muted guidance for the upcoming quarter and full-year that sent shares down as much as 25%
More:
Cloudflare, Inc., SiliconANGLE, Investing.com, MarketWatch, and Investor's Business Daily
Tweets:
@baburkhwaja and @thetranscript_
| Victoria Song / The Verge: |
Dyson Zone review: has excellent ANC, can monitor air quality, and makes users look like Bane, but it's $949, heavy, and air filtering kills the battery — The Dyson Zone is not the most practical device, but then again, did you really expect that from air-purifying noise-canceling headphones?
More:
Tom's Guide, Variety, SlashGear, TechHive, Pocket-lint, Gizmodo, Tech Advisor, and Engadget
Tweets:
@vicmsong, @hkanji, and @markgurman
| Russell Brandom / Rest of World: |
Since Elon Musk's takeover, Twitter has received 971 government orders globally and has fully complied with 808, an 83% compliance rate, vs. ~50% before Musk — The company has not refused a single request since Musk took ownership, according to self-reported data
More:
Washington Times, Techdirt, Social Media Today, Gizmodo, The Verge, Livemint, and Bloomberg
| Meagan Simpson / BetaKit: |
Toronto-based Practice Better, which makes client management software for health and wellness professionals, raised $27M led by Five Elms Capital — Practice Better claims to have more than 10,000 customers in more than 70 countries. — Practice Better is the result of its founder …
More:
dot.LA, Practice Better, HIT Consultant, and FinSMEs
| Mickey Djuric / Canadian Press: |
Canada's Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them — OTTAWA - A federal bill that will force digital platforms like Netflix and YouTube to contribute financially to Canadian content is on the cusp of becoming law.
More:
Reuters, Michael Geist, OpenMedia, Government of Canada, CBC News, Pixel Envy, MobileSyrup, Globe and Mail, iPhone in Canada Blog, and National Post
| Kif Leswing / CNBC: |
Intel reports Q1 revenue down 36% YoY to $11.7B, vs. $11.04B est., its largest quarterly loss yet, and Data Center and AI revenue down 39% YoY to $3.7B — - Intel reported first-quarter results on Wednesday that showed a staggering 133% annual reduction in earnings per share.Sponsor Posts
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