Bloomberg: The New York City MTA ends its Twitter service alerts, saying the platform is “no longer reliable”; MTA: Twitter demanded $50K per month for API access — New York City’s mass-transit system is ending its real-time service alerts on Twitter for subway, train and bus riders … Lees verder op Tech Meme
Mickey Djuric / Canadian Press: Canada’s Online Streaming Act passes final hurdle in Parliament; it requires streamers to support Canadian content and gives the CRTC regulatory power over them — OTTAWA – A federal bill that will force digital platforms like Netflix and YouTube to contribute financially to Canadian content is on the cusp of becoming law. Lees verder op Tech Meme
Kif Leswing / CNBC: Intel reports Q1 revenue down 36% YoY to $11.7B, vs. $11.04B est., its largest quarterly loss yet, and Data Center and AI revenue down 39% YoY to $3.7B — – Intel reported first-quarter results on Wednesday that showed a staggering 133% annual reduction in earnings per share. Lees verder op Tech Meme
Sarah Perez / TechCrunch: Pinterest announces a multi-year strategic ad partnership with Amazon, its first ads partner, to bring more brands and relevant products to the social network — Pinterest today announced a multiyear strategic ad partnership with Amazon aimed at bringing more brands and relevant products to its platform. Lees verder op Tech Meme
Jonathan Vanian / CNBC: Meta shares are up 170% since bottoming out in November 2022, despite virtually no revenue growth, as investors focus on the company’s dramatic cost cutting — – Revenue at Facebook’s parent shrank for three straight quarters before increasing slightly in the latest period, but the stock is soaring. Lees verder op Tech Meme
Emily Bary / MarketWatch: Pinterest Q1: revenue up 5% YoY to $603M, vs. $594M est., MAUs up 7% YoY to 463M, vs. 454.6M est., and Q2 growth forecast below estimates; PINS drops 10%+ — Pinterest’s subscriber metrics top expectations in latest quarter — Pinterest Inc. topped earnings, revenue and subscriber expectations Thursday … Lees verder op Tech Meme
Jonathan Vanian / CNBC: Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 15%+ — – Snap came in light on revenue and ARPU in its first-quarter earnings report. — The company said its “internal forecast” … Lees verder op Tech Meme
Kif Leswing / CNBC: Intel reports Q1 revenue down 36% YoY to $11.7B, vs. $11.04B est., its largest quarterly loss yet, and Data Center and AI down 39% YoY to $3.7B; INTC jumps 5%+ — – Intel reported first-quarter results on Wednesday that showed a staggering 133% annual reduction in earnings per share. Lees verder op Tech Meme
Amazon: Amazon reports Q1 revenue up 9% YoY to $127.4B, a $3.2B net income, vs. a $3.8B net loss YoY, AWS revenue up 16% YoY to $21.4B, and staff down 10% YoY to 1.47M — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023. Lees verder op Tech Meme
Rohan Goswami / CNBC: Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+ — – Cloudflare issued muted guidance for the upcoming quarter and full-year that sent shares down as much as 25% Lees verder op Tech Meme