Derek Andersen / Cointelegraph:
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost — The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange. — Total views
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY — Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023.
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY (Kif Leswing/CNBC)
Kif Leswing / CNBC:
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY — Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% YoY to 518M, and Q2 revenue forecast above est.; PINS jumps 15%+ after hours (Aisha Counts/Bloomberg)
Aisha Counts / Bloomberg:
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% YoY to 518M, and Q2 revenue forecast above est.; PINS jumps 15%+ after hours — – Shares soar after company beats on sales and user growth — Gen-Z is flocking to the site for shopping over scrolling
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B (Amazon)
Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
A screenshot seems to show TikTok circumventing Apple’s App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
A screenshot seems to show TikTok circumventing Apple’s App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs — TikTok may be routing around the App Store to save money on commissions. According to new findings, the ByteDance-owned social video app …
Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses (Todd Spangler/Variety)
Todd Spangler / Variety:
Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses — Amazon raked in $11.82 billion in ad revenue for the first quarter of 2024, well over analyst expectations, fueled by the ecommerce giant’s move to serve advertising …
Letter from US senators: only five of 14 automakers require police to have a warrant before requesting user data, and only Tesla tells users about such requests (Kashmir Hill/New York Times)
Kashmir Hill / New York Times:
Letter from US senators: only five of 14 automakers require police to have a warrant before requesting user data, and only Tesla tells users about such requests — Modern cars are internet-connected and have hundreds of sensors. Lawmakers and regulators have concerns about what’s happening with all that data.
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more, evading ~$50M in taxes (Jeff John Roberts/Fortune)
Jeff John Roberts / Fortune:
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more, evading ~$50M in taxes — The Justice Department announced on Tuesday it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with mail fraud and filing false tax returns.
US judge sentences Binance founder Changpeng Zhao to four months in prison (Elizabeth Lopatto/The Verge)
Elizabeth Lopatto / The Verge:
US judge sentences Binance founder Changpeng Zhao to four months in prison — Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequately anti-money laundering protections. Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023.
