Highlights of the Week (Apr 30, 2021)

The last week of April was earnings week, and it showed that 2021 (and a lot of 2020) has generated massive revenue and profits for many of the tech giants. Apple recorded $23.6BN in profit in the last quarter. Linkedin earned $3BN in ad revenue for the fiscal year ending March 31, 2021. Facebook, Google, and Amazon all saw recording-breaking revenue growth. With Apple’s latest iOS security update, however, the tech giants are wary that their profits may not last, especially profits based on advertising revenue. 

• This week was also a week to commemorate our furry four-legged friends, or rather the parents of them. Pet ownership has dramatically increased as millennials are more likely to be pet owners compared to other generations, but the pandemic has created even more pet parents, and subsequently the technology catered to them. See our list.
• In the tech space, the ability to quickly turn concepts into high-quality applications or ideas is critical. For non-developers, trying to figure out how to code those ideas has traditionally taken time. No-code platforms have revolutionized the ability for people outside of IT to prototype, not just applications but workflows as well. Dive deeper.
• Healthcare was a key buzzword for 2020, a trend it seems will continue into 2021. Review what made 2020 such an important year. Read more.
• Revisit April’s biggest SPAC merger ever, as well as the stats on whether SPACs may be slowing down. Learn more.