The Daily Crunch: Apple stock jumps after earningsMay 1, 2019
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Apple released earnings for its fiscal second quarter yesterday, reporting revenue of $58 billion, a decline of 5% from the year-ago quarter. It also reported quarterly earnings per diluted share of $2.46, down 10%.
The market seems to approve, with shares jumping after the numbers were released.
Facebook announced at its F8 conference that Dating is opening in 14 more countries, bringing the total to 19. It will launch in the U.S. before the end of the year.
Along with the departures, Alphabet is also announcing the appointment of Robin L. Washington to its board.
WikiLeaks founder Julian Assange was jailed to 50 weeks for violating his U.K. bail conditions in 2012 at a sentencing hearing at Southwark Crown Court.
The streaming service also unveiled its new slate of shows and original programming, alongside other content deals and a new “binge advertising experience” that’s designed to be less intrusive.
Axios reported that Andreessen Horowitz, the storied venture capital firm with investments in Airbnb, BuzzFeed and Coinbase, has closed on $2.75 billion for two new funds.
YouTube wants to have half of the featured videos in its trending tab come from streams originating on the company’s own site going forward, according to the latest quarterly letter from chief executive Susan Wojcicki.