Author: Tech Support

Sources: Slack plans to reveal by Friday its prospectus for a direct listing on the NYSE; it had already confidentially submitted its filing to regulators (Katie Roof/Wall Street Journal)

Katie Roof / Wall Street Journal: Sources: Slack plans to reveal by Friday its prospectus for a direct listing on the NYSE; it had already confidentially submitted its filing to regulators  —  Paperwork will be for its direct listing debut on NYSE  —  Messaging platform Slack Technologies Inc. is taking the next step toward going

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Despite reporting that it expects a $3B-$5B fine from the FTC, Facebook's stock is up ~8% after hours, adding ~$40B to its market cap (BuzzFeed News)

BuzzFeed News: Despite reporting that it expects a $3B-$5B fine from the FTC, Facebook’s stock is up ~8% after hours, adding ~$40B to its market cap  —  Facebook will set aside $3 billion to cover expenses associated with a fine from the Federal Trade Commission over its privacy practices.  All good here, say investors. Despite

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Facebook says Facebook Stories now has 500M daily users across Facebook and Messenger and WhatsApp's Status has 500M daily users; Snapchat has 190M daily users (Josh Constine/TechCrunch)

Josh Constine / TechCrunch: Facebook says Facebook Stories now has 500M daily users across Facebook and Messenger and WhatsApp’s Status has 500M daily users; Snapchat has 190M daily users  —  You might think it’s redundant with Instagram Stories, or just don’t want to see high school friends’ boring lives … Facebook says Facebook Stories now

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Slack previews new features rolling out in the coming weeks and months: responding to messages via email, new calendar integrations, universal search, and more (Tom Warren/The Verge)

Tom Warren / The Verge: Slack previews new features rolling out in the coming weeks and months: responding to messages via email, new calendar integrations, universal search, and more  —  Most of the new features will be available later this year  —  Slack arrived more than five years ago with the bold attempt to try

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PayPal reports Q1 revenue of $4.13B, up 12% YoY, net income of $667M, 31% YoY, and $161 billion in total payment volume, up 22% YoY (PayPal)

PayPal: PayPal reports Q1 revenue of $4.13B, up 12% YoY, net income of $667M, 31% YoY, and $161 billion in total payment volume, up 22% YoY  —  Toggle navigation PayPal Investor Relations Financial Releases << Back Apr 24, 2019 PDF Version PayPal Reports First Quarter 2019 Results GAAP EPS of $0.56 … PayPal reports Q1

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PayPal says it had 277M total customer accounts at end of Q1, up 17% YoY, including 22M merchant accounts, and Venmo has surpassed 40M+ active user accounts (Kate Rooney/CNBC)

Kate Rooney / CNBC: PayPal says it had 277M total customer accounts at end of Q1, up 17% YoY, including 22M merchant accounts, and Venmo has surpassed 40M+ active user accounts  —  Popular payment app Venmo has ushered in 40 million users to the platform, its parent company PayPal announced on Wednesday. PayPal says it

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Facebook had 2.38B MAUs in Q1, up 2.5% QoQ, as DAUs hit 1.56B, up 2.63% QoQ; EPS is $0.85 instead of $1.89 after setting aside money for potential FTC fine (Josh Constine/TechCrunch)

Josh Constine / TechCrunch: Facebook had 2.38B MAUs in Q1, up 2.5% QoQ, as DAUs hit 1.56B, up 2.63% QoQ; EPS is $0.85 instead of $1.89 after setting aside money for potential FTC fine  —  A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. Facebook had 2.38B

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Microsoft reports Q3 Productivity and Business Processes revenue of $10.2B, up 14% YoY; Azure revenue was up 73% YoY, and Surface revenue rose 21% YoY (Emil Protalinski/VentureBeat)

{$inline_image} Emil Protalinski / VentureBeat: Microsoft reports Q3 Productivity and Business Processes revenue of $10.2B, up 14% YoY; Azure revenue was up 73% YoY, and Surface revenue rose 21% YoY  —  Microsoft today reported earnings for its third fiscal quarter of 2019, including revenue of $30.6 billion, net income of $8.8 billion … Microsoft reports

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