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A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. The company reached 2.38 billion monthly users, up 2.5 percent from the previous quarter, and it pulled in $15.08 billion in revenue.
Facebook recorded earnings per share were significantly lower than expected, but that’s because it set aside $3 billion to cover a potential FTC fine that it’s still resolving.
In a feat that could eventually unlock the possibility of speech for people with severe medical conditions, scientists have successfully recreated the speech of healthy subjects by tapping directly into their brains.
Verizon (which owns TechCrunch) just revealed a one-two punch: opening up preorders for the Galaxy S10 5G and announcing a list of 20 cities that will be getting the technology before year’s end.
Microsoft Azure had a pretty good quarter, with revenue growing 73 percent. That’s a bit lower than last quarter’s results, but only by a fraction.
The company announced a new email and calendar bridge that enables team members who might not have made the leap to Slack to still be kept in the loop.
Alongside international partners, NASA’s Planetary Defense Coordination Office will participate in a “tabletop exercise” that will simulate a scenario for how to respond to an asteroid on an impact trajectory with Earth.
Zack Burt’s recruiting strategy is surprisingly simple, and boils down to optimizing various segments of the sourcing funnel: awareness, page views and application submits. (Extra Crunch membership required.)
Source: Tech Crunch Social
Daily Crunch: Facebook is still growing