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April 25, 2019, 7:45 AM
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| Facebook: |
Facebook reports Q1 revenue of $15.08B, up 26% YoY, as advertising revenue hits $14.91B, up 26% YoY; sets aside $3B related to a forthcoming FTC settlement — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2019.
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CNBC, Washington Post, Engadget, The Verge, Inquirer, Financial Times, CNN, New York Times, Digital Information World, PYMNTS.com, The Hacker News, Financial Times, Silicon Republic, Business Insider, Slate, The Next Web, Fast Company, The Register, Boing Boing, iPhone Hacks, 9to5Mac, ZDNet, Threatpost, SiliconANGLE, Politico, Variety, Bloomberg, Bloomberg, Axios, Business Insider, Vanity Fair, AdExchanger, and NBC News
Tweets: @ashk4n, @senblumenthal, @richbtig, @lexnfx, @sarafischer, @waltmossberg, @alexeheath, @stevekovach, @mikeisaac, @sivavaid, @carolecadwalla, @mikeisaac, @businessinsider, @ashk4n, @joshconstine, @david_ingram, @alexeheath, @lexnfx, @tonyromm, @tonyromm, @mikeisaac, @businessinsider, @alexeheath, @matthewstoller, @alexeheath, @david_ingram, @joshconstine, @david_ingram, @david_ingram, @ericgarland, @david_ingram, @alexeheath, and @amyklobuchar
| Josh Constine / TechCrunch: |
Facebook had 2.38B MAUs in Q1, up 2.5% QoQ, as DAUs hit 1.56B, up 2.63% QoQ; EPS is $0.85 instead of $1.89 after setting aside money for potential FTC fine — A massive penalty hangs over Facebook's head, but it otherwise had a very strong Q1 earnings report.
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New York Times, The Next Web, CNBC, Axios, Axios, Social Media Today, BGR, Bloomberg, Business Insider, Bloomberg, Bloomberg, The Wrap, and Gizmodo
Tweets: @farhip, @edzitron, @joshconstine, and @jenvalentino
| BuzzFeed News: |
Despite reporting that it expects a $3B-$5B fine from the FTC, Facebook's stock was up ~7.5% after hours, adding ~$40B to its market cap — Facebook will set aside $3 billion to cover expenses associated with a fine from the Federal Trade Commission over its privacy practices. All good here, say investors.| Josh Constine / TechCrunch: |
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iPhone in Canada Blog and The Verge
Tweets: @jaffoneh, @jonrussell, @lizperle, @joshconstine, and @joshconstine
| Microsoft: |
Microsoft reports Q3 revenue of $30.6B, up 14% YoY, as net income rose by 19% YoY to $8.8B; Intelligent Cloud revenue rose 22% YoY to $9.7B — REDMOND, Wash. — April 24, 2019 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2019, as compared to the corresponding period of last fiscal year:
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CNBC, Windows Central, GeekWire, Bloomberg, IT PRO, Coinspeaker, ZDNet, The Verge, Softpedia News, South China Morning Post, Silicon Republic, The Register, SiliconANGLE, Ars Technica, New York Times, Quartz, Variety, Engadget, MSPoweruser, OnMSFT.com, Thurrott, The Seattle Times, Axios, Telegraph, Reuters, Thurrott, GeekWire, Petri, TechCrunch, ZDNet, Financial Post, MarketWatch, and Yahoo Finance
Tweets: @microsoft, @fxshaw, @microsoft, @robinwauters, @bdsams, @cityindex, @fxshaw, @microsoft, @markhachman, @mdudas, @bdsams, @fxshaw, @microsoft, @bdsams, @tomwarren, @microsoft, @benbajarin, @patrickmoorhead, @aparanjape, @bdsams, @carnage4life, @bdsams, @jrichlive, @inafried, @microsoft, and @coolcsh
| Bloomberg: |
Sources: Amazon team auditing Alexa commands has access to user location data, making finding customer addresses easy; Amazon says access is tightly controlled — - Some members of Alexa Data Services see latitude and longitude — The team is charged with helping Alexa improve its performance
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SiliconANGLE, SlashGear, Mashable, Android Central, PYMNTS.com, Gizmodo, CNET, iDownloadBlog.com, Fast Company, The Verge, The Digital Reader, Engadget, The Hill, and Business Insider
Tweets: @rmac18, @mattmday, @bradstone, and @tsgiles
| Julia Carrie Wong / The Guardian: |
Child stars on Instagram and YouTube aren't being protected by child labor laws, which were designed to prevent exploitation by parents and employers — ‘Kidfluencers’ are earning millions on social media, but who owns that money? — They open boxes, play with toys, pull pranks and make slime.| Wall Street Journal: |
Sources: the NSA has recommended that the White House drop a once-secret US phone-surveillance program that collects info about Americans' phone calls and texts — The program, created after 9/11, has encountered compliance challenges and questions about its efficacy in recent years
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BGR and Mashable
Tweets: @byrontau, @jpmarthoz, @jessmarindavis, @trevortimm, @dnvolz, @johnhendel, @zackwhittaker, @wsjpolitics, @karlbode, and @ericgeller
| Eli Blumenthal / CNET: |
Verizon begins preorders for Samsung Galaxy S10 5G starting at $1,300 and names 20 cities that will get 5G in 2019 — Verizon's 5G rollout is spreading to more markets. And with the expansion comes the launch of the Samsung Galaxy S10 5G. — On Thursday, the largest wireless carrier … | Jessica Guynn / USA Today: |
Facebook admits it often confuses advocacy and commentary on racism and white complicity in anti-blackness with attacks on a protected group — It was spirit week, and Carolyn Wysinger, a high school teacher in Richmond, California, was cheerfully scrolling through Facebook on a break between classes.
Facebook: Reyma McCoy McDeid. Tweets: @jguynn, @aclu, @rashadrobinson, @colorofchange, and @rashadrobinson
| Tom Warren / The Verge: |
Slack previews new features rolling out in the coming weeks and months: responding to messages via email, new calendar integrations, universal search, and more — Most of the new features will be available later this year — Slack arrived more than five years ago with the bold attempt to try to kill email in the workplace.
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Slack, VentureBeat, VentureBeat, MSPoweruser, Fast Company, Memeburn, ZDNet, Mashable, Bloomberg, Engadget, and TechCrunch
Tweets: @peteskomoroch, @slackhq, @giano, @tomwarren, @slackhq, and @simplycomm
| Katie Roof / Wall Street Journal: |
Sources: Slack plans to reveal by Friday its prospectus for a direct listing on the NYSE; it had already confidentially submitted its filing to regulators — Paperwork will be for its direct listing debut on NYSE — Messaging platform Slack Technologies Inc. is taking the next step toward going public … | Christine Fisher / Engadget: |
Report: Amazon is testing a program to help fight utility patent infringements by matching a seller and an accused merchant with a third-party lawyer for $4,000 — Amazon has been battling counterfeit products and knock-off goods for years. It's tried charging merchants large fees … | Nicholas Vinocur / Politico: |
Critics question the willingness of the Irish Data Protection Commission, EU's lead GDPR enforcer, to crack down on tech firms that dominate Ireland's economy — The GDPR is the world's toughest standard for data privacy. But nearly a year later, its chief enforcer has yet to take a single action … | Jennifer Lynch / Electronic Frontier Foundation: |
Massachusetts' top court rules that warrantless access by police to an individual's real-time cellphone location data violates that person's right to privacy — There's heartening news for our location privacy out of Massachusetts this week. The Supreme Judicial Court, the state's highest court …
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BostonGlobe.com
| Paresh Dave / Reuters: |
SoftBank subsidiary HAPSMobile is investing $125M in Alphabet's Loon as part of a strategic partnership to develop airborne tech for providing wireless internet — SAN FRANCISCO (Reuters) - A SoftBank Corp business seeking to find a way to fly cellphone antennas high in the atmosphere …
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VentureBeat, SoftBank, Bloomberg, SoftBank, Nikkei, and TechCrunch
| PayPal: |
PayPal reports Q1 revenue of $4.13B, up 12% YoY, net income of $667M, up 31% YoY, and $161 billion in total payment volume, up 22% YoY — GAAP EPS of $.56, increasing 34%; non-GAAP EPS of $.78, increasing 37% $.08 EPS benefit related to PayPal's strategic investment in MercadoLibre 9.3 million net …
| Lorenzo Franceschi-Bicchierai / Motherboard: |
Hacker says he can access 27K user accounts of GPS tracking services iTrack and ProTrack, which had weak default passwords, and can kill some users' car engines — “I can absolutely make a big traffic problem all over the world,” the hacker said. — A hacker broke into thousands …
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The Daily Dot. Tweets: @josephfcox, @lorenzofb, @privacydigest, @jason_koebler, and @mattrosoff
| Emil Protalinski / VentureBeat: |
Ad-blocking browser Brave rolls out optional Brave Ads to desktop users, with users who opt in receiving 70% of the gross ad revenue in Basic Attention Tokens — Brave today rolled out Brave Ads, its digital advertising model, to desktop users in Canada, France, Germany, the U.K. …
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Brave Browser, Android Police, PaymentsSource, Wired, Adweek, Wired, Gizmodo, TechSpot, CryptoSlate, Cointelegraph, XDA Developers, TechCrunch, Trustnodes, and AdExchanger. Tweets: @brave
| Kim Hart / Axios: |
Microsoft has managed to dodge the Big Tech backlash, with its reputation improving since 2016 thanks to a methodical approach to thorny issues — The tech industry is feeling the pain of an unprecedented backlash over its business practices and broad impact on society …
Tweets: @dee_marketing, @joelandren, @jeffnolan, @khart, and @axios
| Mark Surman / The Mozilla Blog: |
Mozilla's 2019 Internet Health Report examines machine learning bias, ways to rethink the digital ad economy, rise of smart cities, and more — Our annual open-source report examines how humanity and the internet intersect. Here's what we found — Today, Mozilla is publishing …
Tweets: @mozilla, @creativecommons, and @privacyproject
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