Open Links In New Tab
Mobile Archives Advertise
Techmeme
February 3, 2023, 9:45 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

Apple:
Apple reports Q1 revenue down 5% YoY to $117.2B, marking its largest annual quarterly revenue decline since 2016, and net income down 13% YoY to $30B  —  Installed base crosses 2 billion active devices and hits all-time high for all major product categories  —  Services set new all-time revenue record
Kif Leswing / CNBC:
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, and Wearables, Home, and Accessories down 8% YoY to $13.5B  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Apple missed expectations for revenue, profit, and sales for many of its lines …
Aaron Tilley / Wall Street Journal:
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing”  —  Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years
Michael Potuck / 9to5Mac:
Apple reports Q1 Services revenue up 6% YoY to $20.8B and says its install base crossed 2B active devices, up from 1.8B devices the company reported in Q1 2022
Wall Street Journal:
Documents offer a look at the four men, including a former child actor, who control ~86% of Tether Holdings, incorporated in 2014, and their ties to Bitfinex  —  The stablecoin has become a lucrative business at center of crypto economy  —  Tether Holdings Ltd. operates a $68 billion stablecoin …
Davey Alba / Bloomberg:
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search”  —  Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations …
Alphabet:
Alphabet reports Q4 revenue up 1% YoY to $76B, net income down 34% YoY to $13.6B, Google Cloud revenue up 32% YoY to $7.3B; stock is down 4%+
Tom Schoenberg / Bloomberg:
Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research  —  US prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp.'s dealings with fallen crypto giants FTX …
BuzzFeed News:
Twitter ending free API access could have the unfortunate side effect of effectively killing off many useful bots like @MakeItAQuote, @BigTechAlert, and more  —  “I'm not paying a dime to Elon lol.”  —  Pranav Dixit  —  One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.
TechCrunch:
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead
More: The Verge, Insider, VICE, Techdirt, Horrific/Terrific, Mashable, No Gloss, No Veneer …, CNBC, PhoneArena, and Daring Fireball
Mastodon: @katestarbird@mstdn.social, @molly0xfff@hachyderm.io, @Green_Footballs …, @davidstalane@mastodon.social, @GossiTheDog@cyberplace.social, @mmasnick@mastodon.social, @jeremyburge@mastodon.world, @blaine@mastodon.social, @lauren@mastodon …, @ben@mastodon.adida.net, and @brentsimmons@indieweb.social
Tweets: @twitterdev, @elonmusk, @luca, @twitterdev, @get_alttext, @molly0xfff, @good_faces_bot, @agoldmund, @orchestrative, @redman, @chipfoxx, @maxkennerly, @mattbinder, @film_girl, @wongmjane, @wongmjane, @mulligan, @mikeisaac, @thepacketrat, @alex_kirshner, @ninstatusbot, @josephpolitano, @josephpolitano, @carnage4life, @functi0nzer0, @twitterdev, @kingkool68, @supersparkplugs, @mjg59, @anythingbott, @mjg59, @oalexanderdk, @0xabad1dea, @anythingbott, @halomancer1, @pookleblinky, @heyjenbartel, @webster, @shitpostbotmin, @mylesborins, @pkmnframes, @caseyjohnston, @rabbit_ebooks, @markpopham, @win98tech, @kottke, @sweetpavement, @steveluvender, @jgee, @mattsheffield, @keithkurson, @madokaframes, @atomicthumbs, @thdxr, @molly0xfff, @liora_, @zsk, @tomcoates, @penamerica, @jangles, @rsarver, @dancow, @ashevat, @digiphile, @acaguy, @tiffanyleigh, @mgsiegler, @frogandtoadbot, @pkmnframes, @sbframesinorder, @russellbrandom, @esqueer_, @flynnjamm, @emojimashupbot, @frosunliberal, @mubashariqbal, @nickcicero, @connollyebooks, @renfamous, @godlessbot, @aliceavizandum, @migueldeicaza, @helenkennedy, @_restaurant_bot, @solomonmg, @kimzetter, @craigsilverman, and @enichan
See also Mediagazer
Sergiu Gatlan / BleepingComputer:
A former employee of IoT manufacturer Ubiquiti pleaded guilty to stealing gigabytes of confidential data in December 2020 and extorting the company for ransom  —  Nickolas Sharp, a former Ubiquiti employee who managed the networking device maker's cloud team, pled guilty today …
Amitoj Singh / CoinDesk:
As the spat between Binance and WazirX escalates, Binance invites the Indian exchange to withdraw its assets held in Binance wallets after February 3  —  The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.
Amazon:
Amazon Q4: revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and employees down 4% to 1.54M; stock is down 5%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2022.  Fourth Quarter 2022

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
5 reasons why digital signatures are a must-have for small and medium enterprises  —  Every morning, Hazel stops by her favorite corner cafe, where the barista already knows her order—a double espresso, no sugar.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Techmeme Ride Home:
 Mooooaaar Models!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Decoder with Nilay Patel:
 How Trump's tariffs actually work on the ground
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Great Chat:
 Imposter syndrome is due for a rebrand
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Channels with Peter Kafka:
 How to make money in Washington, with Punchbowl's Jake Sherman
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Spotlight On:
 *RSA Preview* 1Password's Jeff Shiner on balancing B2B and B2C customers in a rapidly evolving tech landscape
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
 Neil Mehta - Finding Future S&P 500 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, February 3, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Paul Hiebert / Adweek:
IAB and PWC: online ad spend hit $258.6B in 2024, up 15% YoY, with 39.8% going to search, 28.7% to display, 24% to video, and $2.4B to podcasts, up 26.4% YoY

NPR:
An interview with NPR CEO Katherine Maher on the impact of Trump's proposed budget cuts; $100M of the $121M NPR receives annually goes to member stations

Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing

More News

Earlier Picks

Mark Gurman / Bloomberg:
Sources: Apple decided not to replace departing VP of Industrial Design Evans Hankey; its group of ~20 industrial designers will report to COO Jeff Williams
Wall Street Journal:
TikTok's playbook to win DC's trust, like touring its Transparency and Accountability Center in California, echoes Huawei's unsuccessful US and Europe strategy
Tom Warren / The Verge:
Sony introduces Discord voice calls in beta for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter