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July 29, 2022, 9:05 AM
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| Apple: |
Apple reports record Q3 revenue of $83B, up 2% YoY vs. $82.8B est., net income down 11% to $19.4B, iPhone revenue up 3% to $40.7B, Mac revenue down 10% to $7.4B — iPhone and Services drive June quarter record revenue — Active installed base of devices reaches all-time high for all major product categories
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Wall Street Journal, Macworld, CNBC, Moneycontrol, Apple Must, iPhone Hacks, Bloomberg, Apple, CNBC, The Economic Times, SiliconANGLE, and PYMNTS.com
| Kif Leswing / CNBC: |
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022 — KEY POINTS — Analysts are expecting the company to give fourth-quarter guidance of $1.31 in earnings per share and nearly $90 billion in sales.
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9to5Mac, AppleInsider, Silicon Republic, Philip Elmer‑DeWitt, Six Colors, Gizchina, Coinspeaker, TheStreet, Daring Fireball, BGR India, Neowin, Apple Must, MacRumors, WRAL TechWire, and Patently Apple
Tweets: @patrickmcgee_, @benbajarin, @joannastern, @jason_kint, @trengriffin, @divestech, @munster_gene, @neilcybart, @neilcybart, @ron_miller, @epro, @jimcramer, @neilcybart, @neilcybart, @trungtphan, @lapcatsoftware, @stroughtonsmith, @divestech, @divestech, @neilcybart, @neilcybart, @anthony, @mingchikuo, @neilcybart, @samifathi_, and @neilcybart
| Casey Newton / Platformer: |
Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
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Silicon Republic, Mobile Dev Memo, Insider, Android Authority, BBC, Variety, Kulturpop, Fortune, The Guardian, Appuals.com, That Was The Week, Pocket-lint, SlashGear, BGR India, The i Paper, Livemint, The Overspill, Wccftech, Big Technology, Daring Fireball, New York Times, and XDA Developers
Tweets: @caseynewton, @pierce, @mosseri, @platformer, @mistydemeo, @urbanjodi, @studioanisa, @ellencscott, @chillmage, @caseynewton, @ericajoy, @illumitatiana, @pierce, @lordravenscraft, @caseynewton, @rob_sheridan, @steven_aquino, @brianoliu, @culturecrave, @tomwarren, @chillmage, @issielapowsky, @esaagar, @brianmanzullo, @pantibliss, @chillmage, @gutjahr, @tnwhiskeywoman, @caseynewton, @tiffanydesigned, @aria_gerson, @shitlicious, @hypervisible, @chaykak, @laurenjauregui, @mcely, @mrinaldesai, @caseynewton, @willoremus, @parismartineau, @lisatozzi, @kerrymflynn, @walldo, @lucas_shaw, @rebexxxxa, @chelseacirruzzo, @cebsilver, @nbashaw, @brianstelter, @oliverdarcy, @oduneweniyi, @stevekovach, and @patwhite70
| Amanda Silberling / TechCrunch: |
Instagram's Dual copies BeReal's front and back camera capture feature, but misses the point: people like BeReal because it's non-addictive by design — BeReal is all about friends and habits — not the algorithm — We know the drill: Snapchat adds the Stories feature, Instagram nabs it.
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In The Loop on Gen Z. Tweets: @parismartineau, @taylorlorenz, @parismartineau, @parismartineau, @davidmackau, @brookssolveig, @parismartineau, @gk3, @captain2phones, @snazzyq, @gk3, and @scottmonty
| Paul Alcorn / Tom's Hardware: |
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; Optane is the sixth non-core business Intel CEO Pat Gelsinger has sold — 3D XPoint at the last crossroad. — Intel's Q2 2022 earnings report today was uncharacteristically disappointing …
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AnandTech, Appuals.com, The Register, Neowin, and ServeTheHome. Tweets: @cscotta. Thanks:@paulyalcorn
| Jordan Novet / CNBC: |
Intel reports Q2 revenue down 22% YoY to $15.32B, vs. $17.92B est., a $454M net loss, and Datacenter and AI revenue down 16% YoY to $4.6B; stock drops 10%+ — - Intel slashed its full-year guidance and turned in worse-than expected quarterly results. — The company launched new chips …
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Intel, Windows Central, Finbold, Reuters, SemiAnalysis, TechCircle, Tom's Hardware, Coinspeaker, Wall Street Journal, Fossbytes, and The Register
Tweets: @dylan522p, @patrickmoorhead, @dylan522p, @tculpan, @jonmasters, @dylan522p, @donal888, @stevesi, @niubi, and @jonmasters
| Amazon: |
Amazon reports Q2 revenue up 7% YoY to $121.2B, $2B net loss vs. $7.8B net income in Q2 2021, and AWS revenue up 33% YoY; stock jumps 12%+ — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.| Richard Lawler / The Verge: |
In an email to Twitter Blue subscribers, Twitter says it is increasing the price of the service; in the US, the price will jump from $2.99 to $4.99 per month — Who would pay for Twitter? — People frequently express their amazement that Twitter is free, but for some people, it isn't …
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XDA Developers, PCMag, 9to5Mac, Engadget, BetaNews, Twitter Help Center, TechCrunch, Phandroid, Mashable, and Pocket-lint
Tweets: @mattnavarra, @hunterwalk, @markgurman, @jarango, @davepell, @keithedwards, @y_molodtsov, @davepell, @ow, @stuartbruce, @akindolu, @jangles, and @markgurman
| Makena Kelly / The Verge: |
The US House passes the Chips and Science Act, which includes $52B+ for US chipmakers and tax credits to encourage investment; Biden must now sign it into law — All that's left is Biden's signature — It might get cheaper and easier to buy popular tech products, like gaming consoles and graphics cards …
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New York Times, Club386, DCD, Silicon Republic, CoinDesk, Reuters, Wired, CNBC, PhoneArena, and Axios
Tweets: @pgelsinger, @repjudychu, @billevanina, @jakesherman, @jonmasters, @jonmasters, @sandralrivera, @whcos, @kellymakena, @stshank, and @jonmasters
| Cecilia Kang / New York Times: |
Lina Khan's attempt to block Meta's Within acquisition upends decades of antitrust standards and could shift how DC regulates competition in nascent industries — Lina Khan may set off a shift in how Washington regulates competition by filing cases in tech areas before they mature.
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Dave Lee and Financial Times
Tweets: @chrisfralic, @liroyleshed, @glenweyl, @onekade, @enbrown, @enbrown, @johnnyryan, @enbrown, @anshelsag, @daveleeft, @karlbode, @karlbode, @kevinakwok, @enbrown, @ctbeiser, @benz145, @veenadubal, @adamkovac, @enbrown, @choo_hehimlvl3, @julieinannap, @enbrown, and @enbrown
| Todd Spangler / Variety: |
Snap launches a Sounds Creator Fund, awarding up to $100K per month to artists distributing songs on Snapchat via DistroKid, or $5K per song, starting in August — Snap has announced the Snapchat Sounds Creator Fund: Its first fund designed to support emerging and independent artists … | Pete Schroeder / Reuters: |
US banking regulators order Voyager Digital to cease and desist from making “false and misleading” claims that its customers' funds were insured by the FDIC — U.S. banking regulators have ordered crypto firm Voyager Digital to cease and desist from making “false and misleading” …
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Blockworks, FDIC, Crypto Briefing, Cryptonews, CoinDesk, Web3 is going just great, Cointelegraph, and Decrypt. Tweets: @claritytoast
| @chrislyons: |
VeeFriends, Gary Vaynerchuk's NFT project that has amassed ~200K ETH in sales to provide online and in-person community events, raised a $50M seed led by a16z — gm! I'm very excited to announce that @a16z crypto is leading a $50M round in @veefriends. We look forward to helping the team fuel expansion plans for its creative, technical and experiential operations that support the growing Web3 community! https://a16zcrypto.com/...
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Waivly and Start With NFTs
Tweets: @mdudas, @kevinrose, @jeremyknowsvf, @jackmascone, @mikebutcher, @iamtexture, @seldo, @veefriends, @howardlindzon, and @tomgara
| Manish Singh / TechCrunch: |
Battle-royale game BGMI, with 16.5M MAUs in India, delisted from iOS and Android app stores after Indian government ban, two years after a ban of Krafton's PUBG — Google has pulled the popular battle royale game Battlegrounds Mobile India, more popularly known as BGMI …
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GamesIndustry.biz, Reuters, The Indian Express, The Economic Times, BBC, BGR India, Trak.in, MediaNama, Firstpost Tech, and Livemint
Tweets: @refsrc, @adityakalra, @gagan_arora1, and @adityakalra
| Bloomberg: |
Sony beats estimates with Q1 operating profit of $2.3B, PS5 sales of 2.4M, up from 2.3M YoY, cuts profit outlook from $8.7B to $8.3B for FY ending March 2023 — Sony Group Corp. cut its profit outlook as its PlayStation division faltered and game sales slumped.
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The Verge, GamesIndustry.biz, Engadget, Reuters, Sony Group Corporation, and Nikkei Asia
| Foo Yun Chee / Reuters: |
Sources: EU is considering creating a new directorate headed by two top antitrust officials, amid concerns EU competition watchdog may struggle to enforce DMA — The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce tough …
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PYMNTS.com
| Olivia Solon / Bloomberg: |
Sources: a Chinese government PR division asked to open a stealth account on TikTok, targeting Western audiences; TikTok declined the “sensitive” request — A Chinese government entity responsible for public relations attempted to open a stealth account on TikTok targeting Western audiences … | Bloomberg: |
By stepping away from Ant Group, Jack Ma escapes Beijing's scrutiny; Ma has been seen traveling Europe after disappearing from public view for almost two years — Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years …
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Benzinga and Financial Times
| Sarah Perez / TechCrunch: |
YouTube rolls out a new tool that lets creators select up to 60 seconds of any video they posted and turn it into Shorts content, available on Android and iOS — YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok.Sponsor Posts
Meta:
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Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
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.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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