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It’s been quite a week for the tech fraternity. Most companies released their quarterly earnings, and we had a couple of interesting conferences lined as well (eg. Collision Conf in New Orleans). We had a full plate.

Let’s review some of the major updates of this week:


Snapchat: User `Stories’ Fuel 10 Billion Daily Video Views

Trend in a Quote

“People’s behavior is changing so that photos are being used as speech instead of a repository for memories.”
– Robert Peck, an analyst at SunTrust Robinson Humphrey

Amazon Web Services: approaching a $10 billion-a-year business

Trend in a Quote

“AWS generated $2.6 billion in revenue during the first quarter, representing 64 percent year-over-year growth.”

-Amazon

Microsoft: Genetics startup Twist Bioscience is working with them to store the world’s data in DNA

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“[Using DNA,] you could fit all the knowledge in the whole world inside the trunk of your car.”

Emily Leproust, CEO, Twist Bioscience

Facebook: Beats estimates for Q1’16, With 1.65 Billion Users And $5.38 Billion In Revenues

ARPU

Trend in a Quote

“Today, people around the world spend on average more than 50 minutes a day using Facebook, Instagram, and Messenger…and that doesn’t count WhatsApp.”

Mark Zuckerberg, CEO, Facebook

Skype: for Business Hits Mac in Preview Mode

Skype for Business Online

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“This new app offers a simple yet powerful experience that brings our Mac customers into the modern era of Skype for Business,”

Kirk Koenigsbauer, Corporate Vice President for Microsoft’s Office

Any other update in the tech world caught your fancy this week? Do let us know in the comments.

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