|
July 29, 2022, 5:10 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| Apple: |
Apple reports record Q3 revenue up 2% YoY to $83B, 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| 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.
More:
Silicon Republic, 9to5Mac, Philip Elmer‑DeWitt, Six Colors, Neowin, Thurrott, TheStreet, SlashGear, Daring Fireball, Apple Must, BGR India, Patently Apple, Ars Technica, and Insider
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
| Reuters: |
Apple expects a faster sales growth in Q4, citing easing parts shortages and strong iPhone demand; Tim Cook says Apple is also “being more deliberate” in hiring — Apple Inc (AAPL.O) on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening … | 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
More:
Insider, The i Paper, Pocket-lint, Wccftech, Livemint, Digital gefesselt, The Guardian, New York Times, SlashGear, iThinkDifferent, Pixel Envy, BGR India, CNN, XDA Developers, The Information, The Overspill, Slashdot, Social Media Today, and Нов …
Tweets: @caseynewton, @pierce, @platformer, @chillmage, @lisatozzi, @caseynewton, @parismartineau, @stevekovach, @chelseacirruzzo, @ericajoy, @illumitatiana, @mrinaldesai, @pierce, @caseynewton, @lordravenscraft, @kerrymflynn, @caseynewton, @rob_sheridan, @patwhite70, @steven_aquino, @brianoliu, @culturecrave, @brianstelter, @tomwarren, @chillmage, @issielapowsky, @walldo, @lucas_shaw, @esaagar, @brianmanzullo, @pantibliss, @chillmage, @oliverdarcy, @oduneweniyi, @gutjahr, @tnwhiskeywoman, @caseynewton, @tiffanydesigned, @nbashaw, @aria_gerson, @shitlicious, @hypervisible, @cebsilver, @chaykak, @willoremus, @laurenjauregui, and @rebexxxxa
| 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.| 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 …
More:
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 Group revenue down 16% YoY to $4.6B; stock down 5%+ — - Intel slashed its full-year guidance and turned in worse-than expected quarterly results. — The company launched new chips …
More:
Intel, The Verge, Reuters, Fossbytes, SemiAnalysis, Wall Street Journal, Thurrott, PCMag, HPCwire, 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; the stock jumps 10%+ after hours — SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.
More:
The Economic Times, TechCrunch, Business Wire, PYMNTS.com, BigTechWire, Thurrott, SiliconANGLE, and New York Times
Tweets: @conorsen, @chriskeall, @carnage4life, @patrickmoorhead, @jonathanvanian, @charliebilello, @conorsen, @parismartineau, and @delrey
| 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 …
More:
CoinDesk, Reuters, CNBC, Wired, Axios, PhoneArena, and SiliconANGLE
Tweets: @pgelsinger, @repjudychu, @billevanina, @jakesherman, @jonmasters, @jonmasters, @sandralrivera, @whcos, @kellymakena, and @stshank
| 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 … | @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/...
More:
VeeFriends, ETH Daily, Waivly, Blockworks, and Start With NFTs
Tweets: @mdudas, @kevinrose, @jeremyknowsvf, @jackmascone, @tomgara, @mikebutcher, @iamtexture, @seldo, @veefriends, and @howardlindzon
| 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” …
More:
Board of Governors …, Micky, Cointelegraph, Decrypt, and Web3 is going just great
| Richard Lawler / The Verge: |
In an email to Twitter Blue subscribers, Twitter says it's 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 …
More:
9to5Mac, TechCrunch, PhoneArena, Twitter Help Center, and Pocket-lint
Tweets: @mattnavarra, @hunterwalk, @y_molodtsov, @markgurman, @davepell, @keithedwards, @davepell, @ow, @stuartbruce, @akindolu, @jangles, and @markgurman
| 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 …
More:
Livemint, The Indian Express, BBC, Trak.in, BGR India, Reuters, MediaNama, The Economic Times, and Firstpost Tech
Tweets: @adityakalra, @refsrc, @gagan_arora1, and @adityakalra
| Todd Spangler / Variety: |
Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M est., 200M fewer streaming hours at 20.7B, and 1.8M active accounts added to 63.1M; stock down 25%+ — Roku fell well short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.
More:
Roku, ZDNet, Wall Street Journal, Barron's Online, The Wrap, TechCrunch, Digiday, Protocol, Bloomberg, MarketWatch, Next TV, and The Hollywood Reporter
| Taylor Locke / Fortune: |
Variant, an early stage crypto-focused fund, has raised $450M for a third fund focused on the “user-owned web”, after previously raising $22.5M and $110M — Each “crypto winter” is different from the last, but every winter—or what non-crypto people would call a bear market … | Maggie Miller / Politico: |
The US DOJ says it is investigating a data breach of the federal courts system that is separate from the Russia-backed SolarWinds hack revealed in late 2020 — The Justice Department is investigating a data breach of the U.S. federal courts system dating to early 2020, a top official testified on Capitol Hill Thursday.
More:
CyberScoop, The Register, Cybernews.com, Bloomberg, ZDNet, and SiliconANGLE
Tweets: @frankfigliuzzi1 and @joshgerstein
| Bloomberg: |
An in-depth look at the issues facing Afterpay, Klarna, Affirm, and other BNPL players, such as economic uncertainty, competition, regulators, and consumer debt — For three days each week during the month of April in 2014, a seasoned product manager named Lulu Young, an engineering manager … | Nathan Grayson / Washington Post: |
As inflation rises and the economy contracts, some US Twitch streamers are losing promotional deals, forcing them to rely on meager ad earnings from the service — Khairi Harris, who goes by the handle “KDotDaGawd” on Twitch, is hanging onto his career as a full-time streamer by a thread.
Tweets: @rachaelmyrow, @kp11studios, @cypheroftyr, @kyurieff, @launcherwp, and @vahn16
| 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.
More:
Reuters, Engadget, The Verge, Sony Group Corporation, and Nikkei Asia
Sponsor Posts
Google:
Gemini 2.5 Pro: Our most intelligent AI model — Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy. Try it at no cost in the Gemini app.
Gemini 2.5 Pro: Our most intelligent AI model — Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy. Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Zoho CRM for Everyone - No More Missed Customers — Evolution is the secret of survival; everything that thrives in the world operates by that principle. Animals, people, technology, products, businesses—and software, too.
Zoho CRM for Everyone - No More Missed Customers — Evolution is the secret of survival; everything that thrives in the world operates by that principle. Animals, people, technology, products, businesses—and software, too.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Great Chat:
Are VC jobs truly AI Proof? (Marc thinks so)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Techmeme Ride Home:
(Bonus) World Cup Of Entrepreneurs Part 1
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Workday's new head of product wants you to like Workday as much as he does
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
How Revolut trains world-class product managers: The "local CEO" model, raw intellect over experience, and a cultural obsession with building wow products | Dmitry Zlokazov (Head of Product)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Uncapped with Jack Altman:
Qasar Younis from Applied Intuition
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Azeem Azhar's Exponential View:
China's catching up to US AI... Here's why it won't matter
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 5:10 AM ET, July 29, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Mike Scarcella / Reuters:Washington Post:
David Folkenflik / NPR:
Upcoming Tech Events
More News
| Bloomberg: |
More:
Ars Technica. Tweets: @robleathern, @zackkanter, @adamnash, @pt, @pt, @can, @can, @can, @pt, @can, @sarahfrier, @can, @iwriteok, @ronmc1, @pt, @patchadams03, @sarahfrier, @pt, @can, @iwriteok, @robleathern, @pt, @pt, @pt, @can, @vectorpoem, and @can
| Joshua Brustein / Bloomberg: |
More:
Tech in Asia, CryptoSlate, The Block, and PYMNTS.com
Tweets: @silvermanjacob, @s_m_i, @joshuabrustein, @paultassi, and @somospostpc
Earlier Picks
| Ina Fried / Axios: |
More:
Instagram, Oasis Labs, TechCrunch, CoinJournal, and Meta AI
| Sara Fischer / Axios: |
More:
The Economic Times, Wall Street Journal, Gizmodo, That Was The Week, Newser, The Verge, and Social Media Today
Tweets: @sarafischer, @sarafischer, @mathewi, @mmasnick, @austen, @zigmanfreud, @drewmcweeny, @jeremylittau, @stevekovach, @rmc031, @jason, @joshelman, @jeremylittau, @scottbrodbeck, @jeremylittau, @jeremylittau, @nickstatt, @jeremylittau, @mathewi, @alexyoung, @paul__walsh, @mattbrownep, @mattbrownep, @timjgraham, @jason, @dennisjromero, @jeremylittau, @wickdchiq, and @elipariser
| Matthew Sparkes / New Scientist: |
More:
DeepMind Blog, New York Times, MIT Technology Review, and The Register
Tweets: @deepmind, @sparkes, @demishassabis, @embl, @uksciencechief, @officeforai, @jamesdouma, @stearnslab, @schrep, @sonykapoor, and @simonbatzner