Twitter Q1 Earnings Beat The Street
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| Twitter Q1 Earnings Beat The Street | |
| Number | 819 |
| Broadcast Date | APRIL 23, 2019 |
| Episode Length | 4:40 |
| Hosts | Sarah Lane |
AT&T and Sprint settle 5GE naming dispute, EU moves forward with Common Identity Repository, Vine app creator sends beta invites for Byte.
Headlines
- Key by Amazon is expanding to 13 new US cities for Amazon Prime customers, bringing the total to 50 cities. Key offers in-home, in-car, and in-garage deliveries and also announced Key's compatibility with Chamberlain's myQ-connected garage-door software. Key is $119 annually and requires an internet-connected door lock and security camera for in-home delivery. In-car delivery requires an active OnStar or Volvo On Call account.
- Twitter's first quarter earnings report showed revenue of $787 million, up 18 percent from the same quarter last year; and net income of $191 million and earnings per share of $0.25. The US accounted for $432 million, or 55 percent, of Twitter’s revenues, with international revenues at $355 million. MAUs were 330 million in Q1, 6 million fewer users compared to a year ago, but up 9 million from the last quarter. DAUs were 134 million in the quarter, up 11 percent on a year ago. Twitter says it will stop reporting MAUs in future quarterly reports and focus on the dailies, which the company considers its more valuable number.
- More than two years after Twitter shut down its app Vine, Vine app creator Dom Hoffman has sent out the 100 invites to the closed beta of Byte, which he calls Vine's successor, letting users record or upload short, looped vertical videos to a reverse-chronological feed. Hoffman says although TikTok feels like an evolutionary step past Vine, Byte is headed in a different direction.
- Tesla CEO Elon Musk announced during the company's Autonomy Day that Tesla's new custom chip designed to enable full self-driving capabilities, is now in all new Model 3, X and S vehicles. Tesla previously used Nvidia’s Drive platform for the Model S and X, and began to switch to its own about a month ago. Musk said the next-generation chip, expected in about two years, would be “three times better” than the current system.
- Nvidia's cheapest GeForce Turing video card, the GeForce GTX 1650 is now available for $149, offering a low-power, 1080p experience for an affordable price. The GTX 1650 joins the GTX 1660 (vanilla) and GTX 1660 Ti, both based on the TU116 GPU. The GTX 1650 ships with 896 CUDA cores enabled, spread over 2 GPCs, clocked to 1665MHz, delivering around 60% of the performance of NVIDIA’s GTX 1660.
- Alphabet' drone arm Wing is the first drone operator to be granted FAA approval as an airline, securing the legal authority to start dropping products to customers from the air. Wing plans to begin routine deliveries of small consumer items in two rural communities, Blacksburg and Christiansburg, in Virginia within months, and start finding retail partners in both towns. Companies that receive government permission must also be majority owned by U.S. citizens due to rules imposed by the DOT.
- AT&T and Sprint have settled a dispute over AT&T's controversial 5G “Evolution” rebranding of its LTE network. Sprint filed a lawsuit against AT&T in February, claiming that 5GE was misleading and suggested the network was actually 5G. Terms of the settled weren't disclosed, but AT&T will likely continue to use the term 5GE going forward.
- The European Parliament has voted to move forward with the Common Identity Repository (CIR), a biometrics-tracking, searchable database of EU and non-EU citizens that includes border-control, migration, and law enforcement data systems, unifying records on more than 350 million people. CIR will aggregate names, dates of birth, passport numbers, and other identification details along with biometric data like fingerprints and facial scans and make it all available to EU border and law enforcement authorities. The CIR is poised to be one of the biggest tracking databases in the world, similar to what's used by the Chinese government and India's Aadhar system.
Links
| Preceded by: "Samsung Galaxy Fold Launch Delayed?" |
Twitter Q1 Earnings Beat The Street |
Followed by: "Galaxy Fold Called "Alarmingly Fragile"" |