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April 26, 2024, 7:05 AM
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| Alphabet: |
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours — Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2024.
More: Fast Company, 24/7 Wall St., The Keyword, SiliconANGLE, Business Insider, Thurrott, Shacknews, Search Engine Journal, PhoneArena, NBC News, Constellation Research, Forbes, and Financial Times
Bluesky: @marypcbuk.bsky.social. X: @samro, @munster_gene, @cnbcfastmoney, @munster_gene, @danielnewmanuv, @carnage4life, @munster_gene, @lexnfx, @supbagholder, and @munster_gene
| Akash Sriram / Reuters: |
More: CNBC, The Hindu, New York Times, The Mirror, Fox Business, Business Today, Hindustan Times, Bloomberg, The Register, YourStory, Neowin, Invezz, CNBC, The National, Shacknews, Reuters, Yahoo Finance, and Benzinga
X: @mikeisaac, @lexnfx, @cloud_opinion, and @mikeisaac
LinkedIn: Conor Grennan, Michael Rothwell, Jennifer Elias, and Roderick Mann
| Microsoft: |
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours — Microsoft Cloud Strength Fuels Third Quarter Results REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced …
More: Pure Xbox, Neowin, GeekWire, New York Times, and Constellation Research
Threads: @daveleebbg. X: @inafried, @stockmarketnerd, @inafried, @munster_gene, @munster_gene, and @toddbishop. LinkedIn: Emil Protalinski. Forums: r/stocks
| Tom Warren / The Verge: |
More: GamesIndustry.biz, Pure Xbox, Wccftech, IGN, and Windows Central
X: @gameoverthirty, @tomwarren, @oliver_drk, and @tomwarren
Forums: r/XboxSeriesX, r/XboxSeriesX, and r/Games
| Reuters: |
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems — TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts …
More: The Independent, The Hindu, Associated Press, Silicon UK, Business Insider, ABC7, Business Standard, Outlook India, Livemint, RTHK, TweakTown, mxdwn Music, Cyber Daily, Tech in Asia, Business Today, TechNode, PYMNTS.com, Slate, WRDW-TV, WIBW-TV, The Information, Verdict, Business Times, Channel NewsAsia, Mobile World Live, Digital Music News, BBC, The National Pulse, Tubefilter, Inc.com, Forbes, The Register, Music Business Worldwide, Asia Financial, KnowTechie, TechCrunch, Android Police, Android Headlines, and CBS News
X: @carnage4life, @mgsiegler, and @danprimack
Forums: Hacker News, r/Enough_Sanders_Spam, r/InternationalNews, r/technology, r/neoliberal, and r/technews
| Sherry Qin / Wall Street Journal: |
More: TechFinitive, The Standard, Proactive, Business Standard, BBC, The News International, Reuters, and NewsBytes. X: @carnage4life
| The Information: |
More: Reuters, Reuters, TheCable Lifestyle, Invezz, Forbes, indy100, TechCrunch, Social Media Today, Sinocism, New York Post, BBC, iPhone in Canada Blog, and The Verge
X: @tiktokpolicy, @lexnfx, @luke_metro, @tiktokpolicy, @lulumeservey, @zeffmax, @benjamintormey, @ali_lev, @matthewstoller, and @micsolana. LinkedIn: Emil Protalinski
| CoinDesk: |
Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product — By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.
More: Fortune, Silicon Republic, Consensys, Crypto Briefing, Bitcoinist.com, Coinspeaker, CCN.com, Unchained, CryptoGlobe, Forkast, CryptoPotato, Blockonomi, CoinGape, Cryptopolitan, Wall Street Journal, Bitcoin Insider, Proactive, CryptoSlate, Bloomberg, crypto.news, Bitcoin Insider, CoinGape, The Block, Decrypt, Coinpedia Fintech News, Watcher Guru, Cointelegraph, and Milk Road
X: @consensys, @ethereumjoseph, @ryansadams, @givnerariel, @consensys, @iampaulgrewal, @belisarius2020, @eleanorterrett, and @vet_x0. LinkedIn: Brian Naughton
| Cecilia Kang / New York Times: |
The FCC votes 3-2 to reinstate the US' net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet — Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.
More: Ars Technica, CNN, The Verge, Finbold, Silicon Republic, Federal Communications Commission, TechCrunch, Total Telecom, Deadline, YouTube, Android Central, The Hill, TMCnet, Free Press, Laptop Mag, Newser, Android Police, Advanced Television, Engadget, Reuters, Gizmodo, Politico, CNET, TweakTown, iClarified, Tech Brew, StateScoop, Truth on the Market, Forbes, U.S. Senate Committee …, Wired, Route Fifty, Pocket-lint, Wall Street Journal, Android Headlines, PCMag, New York Post, Bloomberg, MediaRoom, Variety, and The Verge
Mastodon: @spaceghoti@universeodon.com, @cdarwin@c.im, and @fraying@xoxo.zone
Bluesky: @raantuva.bsky.social and @fresh-newlook.bsky.social
X: @brendancarrfcc, @fcc, @dexerto, @vanschewick, @txrandy14, @sencortezmasto, @mozilla, @lieber2k, @rbreich, @rbreich, @moreperfectus, @brendancarrfcc, @janschakowsky, @senatorbennet, @senatorlankford, @sccgov, @sayreevan, @reppfluger, @commercedems, @superwuster, @afphq, @accountabletech, @repyvetteclarke, @brendancarrfcc, @ericfruits, @moreperfectus, @ntiagov, @coppsm, @repmarcykaptur, @mark_goldberg, @mdaneman, @consumerchoicec, @evan_greer, @greenlining, @joellthayer, @freepress, @brendancarrfcc, @publicknowledge, @benheck, and @fightfortheftr
Forums: Hacker News, Hacker News, r/tmobile, r/politics, r/popculturechat, r/VoteDEM, and Slashdot
| Ashley Capoot / CNBC: |
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily active users — Snap reported first-quarter results … | Katie Robertson / New York Times: |
Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site — The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion's staff.
More: The Wrap, Business Insider, The Onion, The Daily Beast, Axios, Mediaite, Variety, and The Hollywood Reporter
Mastodon: @eb@social.coop. Bluesky: @darthbluesky.bsky.social, @tacoavenger.bsky.social, @petegain.es, @briank.bsky.social, and @edbott.com
X: @katie_robertson, @jeffiel, @mollygos, @jeffiel, @oneunderscore__, @teddyschleifer, @jeffiel, @goldengateblond, @oneunderscore__, @katie_robertson, @whaddatwit, @socialistdogmom, @jeffiel, and @kenbensinger
Forums: Hacker News and r/Journalism
| Kif Leswing / CNBC: |
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours — Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024.| Chris Miller / Financial Times: |
The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia — More than halfway through its incentives spending, the US will have far greater scope to manage shocks
More: The White House, Fierce Electronics, Fortune, and SIA
X: @mackhawk, @prchovanec, @rbhar90, @kyleichan, @ldrogen, and @josephpolitano
Forums: r/technology and r/economy
| Ingrid Lunden / TechCrunch: |
Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 — Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced …
More: Silicon Republic, Bloomberg, CoinDesk, PYMNTS.com, Cryptonews, Decrypt, CoinGape, Cointelegraph, Bitcoin Insider, crypto.news, CryptoGlobe, The Information, DL News, Crypto Briefing, Business Post, The Block, and Blockworks
X: @collision and @carnage4life
Forums: r/ethtrader, r/CryptoCurrency, and Slashdot
| Financial Times: |
Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B — Offer comes less than two years after private equity group held talks about buying cyber security company| Financial Times: |
Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs — Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology| Jennifer Maas / Variety: |
Roku reports Q1 revenue up 19% YoY to $882M, vs. $848.62M est., a net loss of $50.9M, compared to $193.6M YoY, and 81.6M active accounts, up 1.6M from Q4 2023 — Roku reported its first-quarter 2024 earnings Thursday, revealing the company reached 81.6 million active accounts … Sponsor Posts
Meta:
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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 …
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.
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