📰 Tech, Media, and Business News Headlines — Day 1


👉 #Intel unveils 10th-gen desktop CPUs, including 5.3GHz flagship (link)


👉 #Zoom admits it doesn't have 300M DAUs, quietly correcting the claim in its original blog post to 300M “daily Zoom meeting participants (link)


👉 #Telegram postpones the launch of its TON blockchain for a second time, pushing the go-live date to April 2021, and offers to return $1.2B to investors (link)


👉 Andreessen Horowitz raises $515M for its second fund dedicated to #cryptocurrency and #blockchain investments and holdings (link)


👉 #Apple Q2: $58.3B revenue, up 1% YoY; $44.9B from products, $13.35B from services; net income of $11.25B (link)


👉 #Amazon Q1: $75.5B revenue, up 26% YoY; net income of $2.5B, down from $3.6B in Q1 2019; $10.2B from AWS revenue, up from $7.7B YoY (link)


👉 #Twitter Q1: sales up 3% YoY to $808M; net loss of $8M due to COVID-19; mDAUs hit a record 166M, up 24% YoY (link)


#️⃣ #EarningsCalls

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💌 Weekly Newsletter.

Tech, Media, and Business News Headlines — Day 5


👉 #Apple will host a virtual #WWDC this year — starts on 22 June (link)


👉 #Twitter tests a warning message that tells users to rethink offensive replies (link)
👉 #Twitter rolls out changes to threaded conversations following tests in its prototype app, #twttr (link)

👉 #Airbnb cuts 1,900 jobs, around 25% of its global workforce (link)


👉 #Bitcoin is set for ‘Halving’ this month (link)


👉 Leaked videos show #Lenovo’s first gaming #smartphone (link)

👉 #Android 11’s public beta to launch with 3 June via live stream (link)
👉 #Google’s #Stadia controller will finally work wirelessly with computers starting this week (link)


👉 #Microsoft launches #SurfaceBook 3 (link) and #SurfaceHeadphones 2 (link)
👉 #Microsoft offers $100,000 to hack its custom Linux OS (link)


👉 #Uber lays off 14% of its workforce in COVID-19-related cost-cutting (link)


👉 #Pinterest Q1: revenue of $272M, vs. $270M est., up 35% YoY; user base grew to 367M MAUs, up 26% YoY (link)


👉 #EA Q4: revenues of $1.39B, beating expectations of $1.19B, up 12% YoY (link)


#️⃣ #EarningsCalls

📰 @iXDaily by @PerspectiveIX
💌 Weekly Newsletter.

Tech, Media, and Business News Headlines — Day 6


👉 #France is using #AI to check whether people are wearing masks on public transport (link)


👉 #Facebook's Oversight Board, who will focus on challenging content issues, such as hate speech and harassment, announces its first 20 members out of a total of 40 (link)


👉 Comedy Central, MTV, Nickelodeon, and more Viacom channels coming to #YouTubeTV (link)


👉 #Zoom acquires #Keybase to get end-to-end encryption expertise (link)


👉 Liberty’s Virgin Media and Telefonica’s O2 to merge in the UK in $39B deal (link)


👉 #Square Q1: revenue of $1.38B, up 44% YoY; net loss of $106M, up $68M YoY (link)
👉 #Square reports $528M in Q1 revenues from its Cash App, with $306M coming from #Bitcoin transactions, exceeding the app's fiat revenue of $222M for the first time (link)


👉 #PayPal Q1: misses estimates with revenue of $4.62B, up 13% YoY; net income of $84M, down from $667M YoY (link)


👉 #Shopify Q1: revenue of $470M, up 47% YoY; gross merchandise volume of $17.4B, up 46% YoY (link)


#️⃣ #EarningsCalls

📰 @iXDaily by @PerspectiveIX
💌 Weekly Newsletter.