Todd Spangler / Variety: Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est.  —  YouTube continues to rake in money from advertisers worldwide, with the video giant’s ad revenue reaching $8.93 billion … Lees verder op Tech Meme

Jennifer Elias / CNBC: Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October  —  Alphabet, the parent company of Google and YouTube, reported first-quarter earnings on Thursday after the bell.  Share rose 4% on the results. Lees verder op Tech Meme

Alex Heath / The Verge: Meta lays off an unspecified number of employees in Reality Labs, affecting Oculus Studios teams and, sources say, staff involved in Meta’s hardware efforts  —  The cuts targeted teams working on Supernatural and other Quest apps. … Meta has laid off an unspecified number … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Meta moves Threads from Threads.net to Threads.com and updates its web app, including features to more easily access custom feeds, create new columns, and more  —  Instagram Threads, Meta’s newest social network and X competitor, is officially relocating from the website Threads.net to Threads.com. Lees verder op Tech Meme