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April 25, 2023, 5:25 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.
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@eric_seufert, @rustybrick, and @epro
| Jordan Novet / CNBC: |
Google Cloud turns profitable for the first time on record, with an operating income of $191M on $7.45B in revenue in Q1, 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.| Miles Kruppa / Wall Street Journal: |
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Bloomberg, The Information, Associated Press, Reuters, Domain Incite, and CNBC. Tweets:
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| 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 … | 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 …
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| 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.| 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 …
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| 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
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| 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 …
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LinkedIn:
Divyan Mistry. Tweets:
@eldsjal, @spotifynews, @fundiescapital, @thetranscript_, and @spotifynews
| 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.
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The Information, Gizmodo, Finextra, Blockworks, Decrypt, The Block, Reuters, CoinDesk, Cointelegraph, Financial Times, Cryptopolitan, Ethereum World News, Watcher Guru, CoinJournal, and CryptoSlate
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| 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.
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LinkedIn:
Elchin Bayramov and Kevin Ehrlich
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@iampaulgrewal, @coinbase, @brian_armstrong, @attorneyjeremy1, @johnedeaton1, @iampaulgrewal, @iampaulgrewal, @iampaulgrewal, @collins_belton, @tphillips, @belisarius2020, @zachlight16, @brian_armstrong, @belisarius2020, @ohaiom, @tphillips, @0xethlaw, @wmougayar, @joecarlasare, @cryptocarc, and @autismcapital
| 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 …
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@jason_kint, @clothildegouj, @politicoeurope, @prestonjbyrne, @ugambini, @clothildegouj, and @clothildegouj
| 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 …
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| 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 …
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CNBC, TechCrunch, Engadget, The Robot Report, and Electrek
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@kvogt, @wholemarsblog, and @thatguyintech
| 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: |
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Gizmodo, MobileSyrup, TechCrunch, Gamereactor UK, and Toronto Star
| David Pierce / The Verge: |
Slack rolls out Canvas, a collaboration tool announced in September 2022 with document creation, basic editing, and more for each channel, to all users — The best thing about Slack's new Canvas feature is that I barely need to explain it to you. It's like Google Docs but inside of Slack.| 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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AMD, Android Authority, PCMag, Windows Central, Ars Technica, Club386, VideoCardz.com, XDA Developers, TechSpot, HotHardware, Neowin, iPhone in Canada Blog, KitGuru, Tom's Hardware, BigTechWire, 9to5Toys, SlashGear, Gizchina, and Liliputing
Tweets:
@sebaaltonen, @tomwarren, and @wario64
| Vlad Savov / Bloomberg: |
Data.ai: Jack Dorsey-backed social network Bluesky has had 245K downloads on iOS, of which more than half came in April 2023, after starting its waitlist — Twitter users, weary from another tumultuous weekend, are exploring Jack Dorsey-backed app Bluesky as a possible alternative to the social media network.| 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 — South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.| 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” — For all the fanfare, text-generating AI models like OpenAI's GPT-4 make a lot of mistakes — some of them harmful.
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Kyle Kranen
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