Daily Crunch: Facebook is still growing

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1. Facebook reserves $3B for FTC fine, but keeps growing with 2.38B users in Q1

a massive penalty hangs over Facebook’s head, but it otherwise had a very tough 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.

2. Scientists pull speech directly from the brain

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.

3. Verizon announces 20 5G markets for 2019, as Samsung star system S10 5G preorders open

Verizon (which owns TechCrunch) just revealed an one-two punch: opening up preorders for the star system S10 5G and announcing a list of 20 cities that will be getting the technology before year’s end.

4. Microsoft beats expectations with $30.6B in revenue as Azure’s growth continues

Microsoft Azure had a beautiful good quarter, with revenue growing 73 percent. That’s a bit lower than last quarter’s results, but only by a fraction.

5. Slack to expand collaboration to folks who don’t want to give up email

The company announced a brand-new email and calendar bridge that enables faction members who might not have made the jump to Slack to still be kept in the twist.

6. NASA and FEMA are contingency planning for a potential asteroid Armageddon

Alongside global partners, NASA’s Planetary Defense Coordination Office will participate in a “tabletop exercise” that will simulate a scenario for how to reply to an asteroid on an impact trajectory with Earth.

7. How to source hard-to-fill programming positions

Zack Burt’s recruiting strategy is surprisingly uncomplicated, and boils down to optimizing various segments of the sourcing funnel: awareness, page views and application submits. (additional Crunch membership required.)


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