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October 27, 2017, 10:05 AM
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| Alphabet Investor Relations: |
Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M — MOUNTAIN VIEW, Calif. - October 26, 2017 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2017.
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Tweets: @jandawson, @jonerlichman, @mattzeitlin, @jank0, @9to5google, and @mhbergen
| Peter Kafka / Recode: |
Google CEO Sundar Pichai says people are watching YouTube on TVs for 100M hours/day, up 70% in the last year — YouTube viewing on actual TV sets is up 70 percent in the last year. — YouTube has been trying to position itself as a TV competitor for years.| Nat Levy / GeekWire: |
Amazon has 540K employees after Whole Foods acquisition, nearly 7x that of Google and 4x that of Microsoft, is now the second-largest US employer after Walmart — Amazon added a whopping 159,500 employees in the last quarter, pushing its total employment to 541,900 people worldwide … | Business Wire: |
Amazon beats with Q3 revenue of $43.74B, up 34% YoY, vs. $42.14B expected; net income of $256M, up from $252M YoY — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2017.
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Tweets: @shiraovide, @seldo, @thekenyeung, @levynews, @lisahopeking, and @delrey
| Shareen Pathak / Digiday: |
Amazon's “other revenue”, mostly composed of ad sales, grew 58% YoY to $1.12B; net sales from physical stores, reported for the first time, was $1.2B in Q3 — Amazon is making good on its promise to eat advertising. — In its third-quarter earnings report today … | Greg Kumparak / TechCrunch: |
Google working on fix for Pixel 2 XL display issues and Pixel 2 “clicking” noise, will roll out software update within weeks; warranty extended to two years — Shortly after Google's new Pixel 2 and Pixel 2 XL began shipping, some users noted that the devices seemed to have some... quirks.
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Pixel User Community, Business Insider, International Business Times, TalkAndroid.com, Android Central, The Verge, and CNET. Tweets: @backlon
| Microsoft Investor Relations: |
Microsoft Q1: revenue of $24.54B, up 12% YoY, vs. $23.56B expected; net income up 16% YoY to $6.6B; Productivity revenue hits $8.2B, up 28% YoY — REDMOND, Wash. — October 26, 2017 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2017:
| Emil Protalinski / VentureBeat: |
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| Ricardo Bilton / Nieman Lab: |
Civil, the blockchain-based system to fund journalism, has raised $5M from ConsenSys and has attracted its first publication, news and politics site Popula — One of the most confusing efforts to fund journalism in recent memory is inching closer to reality.| Seung Lee / SiliconBeat: |
Apple asks SEC for permission to exclude a shareholder proposal on tying leadership diversity to CEO performance measures — This post has been updated with a correction. The article incorrectly stated Denise Young Smith is the only black female executive at Apple.| William Alden / BuzzFeed: |
Zenefits and former CEO Parker Conrad settle SEC charges of misleading investors; Zenefits to pay $450K penalty, Conrad to pay ~$534K — The Securities and Exchange Commission, which polices bad behavior by publicly traded companies, has for the first time taken action against a privately …
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TechCrunch, SEC, Fortune, Business Insider, Axios, Wall Street Journal, and Kronk Stock 101. Tweets: @williamalden
| Ben Lovejoy / 9to5Mac: |
Analyst: iPhone 8 and 8 Plus accounted for 16% of all US iPhone sales in the past quarter, compared to 43% for 7 and 7 Plus during the same period last year — Purchase data from Consumer Intelligence Research Partners (CIRP) suggests that the iPhone 8 is selling in smaller numbers than an ‘S’ model.| Samantha Liss / St. Louis Post-Dispatch: |
Amazon gains wholesale pharmacy licenses in 12+ states, including Nevada, Arizona, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Oregon, and Tennessee — Throughout the past year, and without much fanfare, Amazon.com Inc. has gained approval to become a wholesale distributor …
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Fortune, Engadget, Forbes, Retail Dive, The Hill, STAT, PYMNTS.com, Gizmodo, Bloomberg, Reuters, Consumerist, Business Insider, and reddit.com. Tweets: @reuterstech
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