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April 25, 2023, 7:05 PM
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Alphabet:
Alphabet reports Q1 revenue up 3% YoY to $69.8B, net income down 8% YoY to $15.1B, Other Bets revenue down 35% YoY to $288M, and Other Bets loss up 47% YoY  —  MOUNTAIN VIEW, Calif. - April 25, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.
Jordan Novet / CNBC:
Google Cloud turns profitable for the first time on record, with a $191M operating income on $7.45B revenue in Q1 2023, vs. a $706M loss on $5.82B in Q1 2022  —  - Google said its cloud group has turned profitable on an operating basis after showing losses for more than three years.
More: TechCrunch and The Verge
Mastodon: @timbray@cosocial.ca.  Tweets: @isforat and @rihardjarc.  Thanks:@mattrosoff
Rachel Metz / Bloomberg:
OpenAI now lets ChatGPT users turn off their chat histories, excluding them from the company's models, and plans to launch ChatGPT Business in the coming months  —  OpenAI is letting people opt to withhold their ChatGPT conversations from use in training the artificial intelligence company's models.
Mark Gurman / Bloomberg:
Sources: Apple is working on emotion tracking tools, coming to its Health app in 2023, and an AI-powered health coaching subscription service codenamed Quartz  —  Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions …
Tom Warren / The Verge:
Microsoft reports Q3 Windows OEM revenue down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, and Xbox hardware revenue down 30% YoY  —  Microsoft just posted the third quarter of its 2023 fiscal financial results.  The software maker made $52.9 billion in revenue and a net income of $18.3 billion during Q3.
Microsoft:
Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY  —  REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 …
Alex Thompson / Axios:
After President Biden's reelection campaign announcement, the Republican National Committee posts an attack ad featuring AI-generated images, including of Biden  —  - The video features AI-created images appearing to show Biden and Vice President Kamala Harris celebrating at an Election Day party …
Yueqi Yang / Bloomberg:
Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker.
Dan Milmo / The Guardian:
The UK unveils a bill to tackle the “excessive dominance” of Big Tech companies by empowering the CMA's Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power
Jon Porter / The Verge:
WhatsApp expands its multi-device feature to let the same account be used across multiple smartphones, not just tablets and computers, a long-requested feature  —  WhatsApp users are no longer restricted to using their account on just a single phone.  Today, the Meta-owned messaging service …
Anne Steele / Wall Street Journal:
Spotify Q1: revenue up 14% YoY to €3B, net loss down 17% YoY to €225M, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, and subscribers up 15% to 210M  —  Audio streaming giant posted lower-than-expected revenue gains as ad spending cooled Spotify Technology SA reported …
Reuters:
Inside Meta's scramble to catch up on AI: slow to adopt pricey AI-optimized systems, scrapping a custom AI chip for a more ambitious model in 2025, and more  —  As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection …
Cat Zakrzewski / Washington Post:
US agency officials, including the FTC's Lina Kahn and the EEOC's Charlotte Burrows, commit to enforcing civil rights laws against AI systems perpetuating bias  —  Officials from multiple federal agencies say they committed to enforce existing civil rights laws against AI systems that perpetuate bias
Andrew J. Hawkins / The Verge:
GM's Cruise expands its “small” fleet of driverless robotaxis in San Francisco to daylight hours, now operating 24/7; the unit lost $561M in Q1 2023, up 73% YoY  —  Cruise, the autonomous vehicle division of General Motors, is now operating a “small” fleet of driverless robotaxis …
Aisha Malik / TechCrunch:
Yelp announces a series of updates, including AI-powered search suggestions and review highlights, and the ability to upload short videos up to 12 seconds long  —  Yelp announced today that it's introducing a series of new updates, including an enhanced AI-powered search experience and the ability to add videos to reviews.
Foo Yun Chee / Reuters:
Thierry Breton says EU Digital Services Act content rules will apply to Apple, Meta, Google, TikTok, Twitter, Wikipedia, YouTube, and 12 others from August 2023  —  Five Alphabet (GOOGL.O) subsidiaries, two Meta Platforms (META.O) units, two Microsoft (MSFT.O) businesses, Twitter and Alibaba's …
André Beganski / Decrypt:
Coinbase asks a US federal court to compel the SEC to respond to a petition the company filed in July 2022 asking 50 questions to help clarify crypto regulation  —  The cryptocurrency exchange filed the petition along with a long list of questions last July.
Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K of his 136.4M+ Twitter followers, or 0.018%, subscribe to his tweets, Spaces, and more to earn him nearly $100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …
Jordan Pearson / VICE:
Elon Musk seems to reveal an alleged burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”
Sean Hollister / The Verge:
AMD announces the Ryzen Z1 and Ryzen Z1 Extreme, 4nm CPUs for handheld gaming PCs; the Z1 Extreme has eight Zen 4 cores and 16 threads with 12 RDNA 3 GPU cores  —  But the company's now saying the quiet part out loud: today, it's officially announcing the AMD Ryzen Z1 and Ryzen Z1 Extreme …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:05 PM ET, April 25, 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

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023

Todd Spangler / Variety:
Disney plans to add an ESPN “tile” to Disney+ for US subscribers on December 4, giving users access to some free ESPN content

More News

Reed Albergotti / Semafor:
Replit, which offers AI-powered collaborative coding tools, raised $97.4M at a $1.2B valuation and says its IDE has 22.5M users, up from 10M+ in December 2021
Kyle Wiggers / TechCrunch:
Nvidia open sources NeMo Guardrails, a developer toolkit designed to help make text-based generative AI apps more “accurate, appropriate, on topic, and secure”

Earlier Picks

Dan Seifert / The Verge:
OnePlus plans to launch the OnePlus Pad, its first tablet, on May 8 for $479, offering a 7:5 144Hz LCD, a Dimensity 9000 CPU, a 128GB SSD, 8GB of RAM, and more
Annachiara Biondi / Financial Times:
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking debates over knockoffs; #dupes has 2.1B views and #reps has 1.9B
Timothy B Lee / Understanding AI:
AI will have a significant impact on the economy, but as with the internet, the impact will be concentrated in information-focused industries and occupations
Bloomberg:
South Korea indicts Terraform Labs co-founder Daniel Shin and nine others on multiple charges related to TerraUSD and freezes ~$184.7M of their assets so far
Abner Li / 9to5Google:
Google updates Google Authenticator for Android and iOS with a new icon and Google Account synchronization, letting users back up their 2FA codes to the cloud
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