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April 27, 2022, 8:25 PM
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Meta reports Q1 revenue of $27.9B, up 7% YoY, net income of $7.5B, down 21% YoY, Family of Apps daily active people of 2.87B, up 6% YoY; stock jumps 19%+ — MENLO PARK, Calif., April 27, 2022 /PRNewswire/ — Meta Platforms, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2022.
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Wall Street Journal, Washington Post, CNN, UploadVR, TechCrunch, Sky News, The Guardian, SiliconANGLE, New York Times, Wall Street Journal, CNBC, CBS News, MarketWatch, The Wrap, CNBC, BBC, Telegraph, Daily Mail, Associated Press, Social Media Today, Deadline, Shacknews, Digital Journal, With TAI, Financial Times, AdNews News, Variety, and Barron's Online
Tweets: @deitaone, @kurtwagner8, @mikeisaac, @ms75015577, @keubiko, @ddimolfetta, @rustybrick, @mikeisaac, @deitaone, @ldignan, and @alexeheath
| Nelson Wang / CoinDesk: |
Meta's Reality Labs division posts a $2.96B loss in Q1 2022, up from a $1.8B loss in Q4 2021, on revenue of $695M, and says Reality Labs has ~17,000 employees — Facebook's parent company reported revenue of $695 million for the division, which beat analysts' expectations.
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The Block, Game Developer, The Block, and VentureBeat
| Daniel Howley / Yahoo Finance: |
Meta reports Q1 ad revenue of $27B vs. $27.5B est., and says it expects FY 2022 expenses between $87B and $92B, less than the previously announced $90B to $95B — Facebook parent company Meta (FB) reported its Q1 2022 earnings on Wednesday, meeting expectations for revenue, but falling short on earnings per share.
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The Hill and The Hollywood Reporter
| Kurt Wagner / Bloomberg: |
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Associated Press, TheStreet, CNET, Forbes, Reuters, Yahoo Finance, Channel NewsAsia, UPI, Al Jazeera, Proactiveinvestors UK, and ZeroHedge
Tweets: @shiringhaffary, @shiraovide, and @matthew41905514
| Elizabeth Dwoskin / Washington Post: |
Replying to tweets from right-wing users, Elon Musk boosts criticism of Twitter executives Vijaya Gadde and Jim Baker, leading to more users joining the attacks — The targeting of employees by Musk's massive Twitter megaphone is a major concern for workers
Source:
@elonmusk and @elonmusk. More:
New York Times, Engadget, Quartz, Reason, The Verge, Bloomberg, and The Guardian
Tweets: @daveleeft, @elonmusk, @willoremus, @rmfifthcircuit, @dickc, @dickc, @ev, @lizzadwoskin, @daveleeft, @esaagar, @cernovich, @brentscher, @elonmusk, @esaagar, @micsolana, @scotsfyre, @birnbaum_e, @esaagar, @willoremus, @taylorlorenz, @atrupar, @sheeraf, @slpng_giants, @daveleeft, @esaagar, @dempmcgee, @kellylsims, @taylorlorenz, @willoremus, @mollyjongfast, @bborrman, @andygrewal, @michaelehayden, @peterjukes, @karaswisher, @johnstarr, @esaagar, and @maxwelltani
| Corin Faife / The Verge: |
Study of 100 popular Twitter accounts: two days after Twitter accepted Elon Musk's bid, conservatives gained 17,229 followers on average and liberals lost 6,062 — Social media data analyzed by The Verge shows conservative accounts winning and liberals losing out
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The Atlantic, Github, Github, Gizmodo, and Github
Tweets: @donaldjtrumpjr, @liz_wheeler, @c_stroop, and @studentactivism
| Kurt Wagner / Bloomberg: |
Filing: Elon Musk agreed not to post tweets about his Twitter deal that “disparage the company or any of its representatives”; the costs of a breach are unclear — Elon Musk isn't allowed to post tweets about his deal to buy Twitter Inc. if they “disparage the company …
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Washington Post, New York Times, The Guardian, The Independent, Gizmodo, and Fortune
Tweets: @elonmusk, @kairyssdal, @danprimack, @sivavaid, @bobcesca_go, and @birnbaum_e
| Reuters: |
Elon Musk will likely not buy Twitter as his interest appears to be waning; other considerations, like China holding Tesla to ransom, could also pose problems — Four years ago, Elon Musk vowed to set up a peanut brittle company to take on Warren Buffett's iconic U.S. confectioner See's Candies.| Noah Bressner / Axios: |
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Associated Press, Agence France-Presse, Politico, Reuters, and Bloomberg
Tweets: @elonmusk, @klasfeldreports, @crtrud, @jannwolfe, @alisonfrankel, and @crtrud
| Lily Hay Newman / Wired: |
Experts speculate as to what Elon Musk's takeover means for Twitter users' privacy; some worry that there is nothing stopping him from accessing users' DMs — The social network's user data and more will soon be at the whims of the world's richest man. Who's worried?
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New York Magazine, BBC, Insider, MIT Technology Review, Hunter Walk, TIME, Scrooge Capital, and NBC News
| Ellery Biddle / Coda Story: |
A look at the impact outside the US if Twitter threw out its content rules and embraced an absolute commitment to free speech, including in India and Ethiopia — Musk's free speech absolutism could stoke conflict in countries like India and Ethiopia — While protest movements have risen and fallen …
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New York Times. Tweets: @elonmusk, @senmarkey, @samidh, @reckless, @kevinroose, @benshapiro, @shiraovide, @isocockerell, @aprilaser, @juddlegum, @katia_patin, @elcalavero, and @parmy
| Billy Perrigo / TIME: |
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New York Times, The Guardian, New York Times, NBC News, and Washington Post
Tweets: @elonmusk, @paraga, @rottenindenmark, @jayshams, @alexstamos, @alexstamos, @alexstamos, @alexstamos, @thestalwart, @carnage4life, @0knaomi, @velodus, @benedictevans, @parmy, and @timobrien
| Max Read / Read Max: |
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TNW and New York Times
Tweets: @caseynewton, @venkatananth, @said_mitch, @ashleevance, @ezraklein, @jensmithnyc, @ethanhein, @hansonohaver, @erikgregersen, and @mattzeitlin
| Ian Sherr / CNET: |
Apple debuts Self Service Repair in the US for iPhone 12, iPhone 13, and new iPhone SE models, and plans to expand to Europe and add M1 Macs by the end of 2022 — The tech giant says it's offering repair manuals online, along with giving everyday people the chance to buy parts and tools to repair devices themselves.
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Apple, iFixit News, U.S. PIRG, Popular Science, Softpedia News, MacRumors, MacRumors, The Register, AppleInsider News, AppleInsider, Ars Technica, Android Police, PCMag, VICE, Wall Street Journal, CRN, Associated Press, MacRumors, BigTechWire, RTTNews, Silicon UK, HYPEBEAST, Lifewire, Pixel Envy, iMore, laptopmag.com, The Verge, Ubergizmo, TechCrunch, iDownloadBlog.com, Tom's Hardware, MacRumors, Protocol, Engadget, OnMSFT.com, The Verge, Slashdot, CNN, Macworld, SlashGear, ZDNet, GSMArena.com, CNBC, Thurrott, Cult of Mac, Mashable, XDA Developers, iDownloadBlog.com, TechSpot, Android Authority, and AppleTrack
Tweets: @kwiens, @zollotech, @zollotech, @detroitborg, @brianroemmele, @bzamayo, @jason_koebler, @themadstone, @kevinriggle, @nickstatt, @kwiens, @dlberes, @reneritchie, @iupdate, @bzamayo, and @chriswelch. Thanks:@iansherr
| Tom Burt / Microsoft On the Issues: |
Microsoft says at least six Russia-aligned actors launched 237+ cyberattacks against Ukraine from Feb. 23 to Apr. 8, including ~40 threatening civilian welfare — Tom Burt - Corporate Vice President, Customer Security & Trust — Today, we released a report detailing the relentless …
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Reuters, Axios, BleepingComputer, CyberScoop, SC Media, The Hill, NBC News, Associated Press, Ars Technica, New York Times, SecurityWeek, Slashdot, TechCrunch, and Wall Street Journal. Tweets: @itsreallynick. Thanks:@fxshaw
| Cecilia D'Anastasio / Bloomberg: |
Sources: Twitch is weighing reducing the subscription revenue cut for creators in its partner program from 70% to 50%, among other changes to boost its revenue — Twitch, the Amazon.com Inc.-owned live-streaming website, is weighing potential changes to how it pays top talent …
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TheStreet, Input, Gizmodo, Dot Esports, BGR, Kotaku, TheGamer, Game Rant, PCMag, and Appuals.com
Tweets: @caseynewton, @carnage4life, @somospostpc, @nottheclick, @carcinogensda, and @mrprowestie
| Mary Ann Azevedo / TechCrunch: |
Sources: PayPal is closing its San Francisco office, which houses its Xoom unit, as it evaluates its global footprint; staff from the office will work virtually — PayPal is shuttering its San Francisco office as it evaluates its global office footprint. — Multiple sources say the payments giant … | William Turton / Bloomberg: |
Sources: data obtained from Meta, Apple, Google, Snap, Discord, and others through fake legal requests have been used to harass women and sexually extort minors — Major technology companies have been duped into providing sensitive personal information about their customers in response …
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9to5Mac, KnowTechie, Krebs on Security, AppleInsider, Newslit Daily, and MacDailyNews
Tweets: @williamturton, @shiraovide, @williamturton, @evacide, and @williamturton
| BBC: |
Central African Republic lawmakers vote unanimously to adopt bitcoin as legal tender, the second country to use bitcoin as official currency after El Salvador — The Central African Republic (CAR) has approved Bitcoin as legal tender - just the second country to do so.| Reuters: |
Pinterest reports Q1 revenue of $575M, up 18% YoY, vs. $572.5M est., 433M MAUs, down 9% YoY, global ARPU of $1.33, up 28% YoY; stock jumps 5%+ after hours — Pinterest Inc (PINS.N) topped market estimates for first-quarter revenue and profit on Wednesday as the image-sharing platform benefited …
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Pinterest, MarketWatch, Benzinga, Adweek, AdNews News, Yahoo Money, Social Media Today, and CNBC
| Will Sattelberg / Android Police: |
Google says it blocked 1M+ apps that violated its policies from being published on the Play Store in 2021 and banned 190K dev accounts for malicious behavior — No one wants some off-brand Candy Crush knockoff melting their phone — As smartphones become the primary device for millions of users …
More:
Google Online Security Blog and Android Beat
| Ashley Carman / Bloomberg: |
Spotify Q1: revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subs rose 15% YoY to 182M, despite losing 1.5M in Russia; stock down 12%+ — Spotify Technology SA has spent more than a billion dollars in an effort to become the No. 1 name in podcasting …
Source:
Business Wire. More:
Music Business Worldwide, Financial Times, Music Industry Blog, TechCrunch, The Week, Variety, Spotify, Gizmodo, Fortune, Deadline, and CNBC
Tweets: @pkafka, @spotifynews, @ashleyrcarman, @anthonyc3004, @maxciociola, and @jonporty
| Mark Bergen / Bloomberg: |
YouTube starts testing ads on Shorts, including app-install ads and other promotions; Google says that Shorts now has 30B daily views — YouTube is testing advertisements on Shorts, its short-form video feature that competes with TikTok and Instagram, Google's chief business officer told investors on Tuesday.
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9to5Google, The Verge, Tubefilter, XDA Developers, TechRadar, Neowin, and PhoneArena
Tweets: @mhbergen and @banunsweettea
| Peter Guest / Rest of World: |
An in-depth look at how governments in 60+ countries have enacted 935+ internet blackouts since 2016 to control populations and silence dissent — Seven years, 60 countries, 935 internet shutdowns: How authoritarian regimes found an off switch for dissent. — PROLOGUE — Special operation and peace
Tweets: @lvandenassum, @aymanm, and @violazhouyi
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