Lucas Shaw / Bloomberg:
Netflix reports Q1 revenue up 16% YoY to $12.3B, vs. $12.2B est., net income of $5.28B, and forecasts Q2 EPS below estimates; NFLX drops 8%+ after hours  —  Netflix Inc. gave a forecast for the second quarter that fell short of analysts expectations, sending the shares down in extended trading.

Isabella Simonetti / Wall Street Journal:
Netflix chairman and co-founder Reed Hastings will step down from the company's board after his term expires in June to focus on philanthropy and other pursuits  —  Co-founder won't stand for re-election to the board, Netflix says in first earnings report since pulling out of Warner Discovery bid

The Associated Press Stylebook, on Threads:

We updated our style for telephone numbers in 2024 to drop parentheses. We now recommend the form: 212-621-1500.

For international numbers use 011 (from the United States), the country code, the city code and the telephone number: 011-44-20-7535-1515.

Use hyphens, not periods. No parentheses. The form for toll-free numbers: 800-111-1000. If extension numbers are needed, use a comma to separate the main number from the extension: 212-621-1500, Ext. 2.

I have long been annoyed that U.S. phone numbers are so often formatted in the outdated (123) 555-1234 format. The use of parentheses for the area code dates back to the old days, when you only needed to dial the area code to call a number outside your own area code. (The same era whence comes the verb dial.) Until 10-digit dialing with mandatory area codes started to become standard in the late 1990s, you only needed to dial seven digits to call a local number.

Apple’s Contacts app (and I think the system-wide Contacts framework, used by third-party apps like Flexibits’s excellent Cardhop), will go so far as to reformat numbers entered in 123-555-1234 format as (123) 555-1234. Apple should update the formatting to go the other way, and turn phone numbers with the area code in parentheses into the 123-555-1234 format. It’s only because area codes used to be optional that they were put in parentheses. Given that 7-digit dialing is never going to return, we should abolish the parentheses too.

Bloomberg:
Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise $180M to $200M at a $2B valuation, its third funding round in seven months  —  Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.

Michael Friedman (via Abner Li): Today, we’re bringing the Gemini app to macOS as a native desktop experience, designed to live right where you work. It’s always just a keyboard shortcut away, so you can quickly get the help you need without losing your focus. […] With our new native desktop experience, you can share […]