Hashtag Trending, April 30, 2021 – Netflix picks Toronto, Facebook’s Q1 earnings; Oracle exec…

by akoloy

Toronto is the subsequent dwelling for Netflix’s new headquarters, Facebook’s Q1 earnings exceed expectations regardless of all of the controversy surrounding the social media large, and an govt from Oracle had his Twitter account suspended after harassing a reporter.

It’s all of the tech information that’s common proper now. Welcome to Hashtag Trending! It’s Friday, April 30 and I’m your host Baneet Braich.


Streaming large Netflix is increasing its Canadian operations by establishing a brand new company workplace in Toronto. Netflix officers delivered the information to Mayor of Toronto John Tory in an April 27 digital assembly. According to the Canadian Press, Netflix might be posting a content material govt place for the Toronto workplace in June and has plans to rent a dozen extra folks sooner or later. Tory described Toronto as a “film-friendly city” that put collectively a bid “in days” to impress Netflix.

Facebook Posts $26 Billion In Revenue, Shattering Wall Street Expectations As Income Nearly Doubles from technology

Money all the time talks. No matter what number of lawsuits they face or insurrections they assist trigger, Facebook is having no downside getting cash. The world’s largest social media firm posted what Forbes is asking its strongest first-quarter earnings but. Facebook reported income of $26.1 billion within the first quarter, 48% greater than the $17.7 billion it pulled within the first quarter of final yr and practically $3 billion greater than analysts anticipated. Net earnings additionally exceeded analyst expectations, and Facebook’s month-to-month lively customers jumped about 50 million. That additionally means roughly 2.85 billion folks used Facebook within the final month of the quarter.

And lastly, Gizmodo is reporting {that a} tweet from Oracle govt VP Ken Glueck, which inspired his followers into harassing a reporter, was pressured to take down the tweet then had his account suspended in a read-only mode for 12 hours. That tweet was the newest assault on the Intercept’s Mara Vistendahl, who not too long ago revealed a story detailing how reseller networks in China reportedly pushed Oracle’s tech into the palms of the nation’s authorities. In response, Glueck revealed a prolonged entry on the official Oracle weblog and included a request for readers to ship “any information about Mara or her reporting” to his private Protonmail electronic mail handle.

That’s all of the tech information that’s trending proper now. Hashtag Trending is part of the ITWC Podcast community. Add us to your Alexa Flash Briefing or your Google Home day by day briefing. Make certain to enroll in our Daily IT Wire Newsletter to get all of the information that issues instantly in your inbox day by day. I’m Baneet Braich, thanks for listening!


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