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April 25, 2023, 8:30 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:
The Verge and TechCrunch
| Miles Kruppa / Wall Street Journal: |
More:
Bloomberg, SiliconANGLE, Livemint, Associated Press, CNBC, and PhoneArena. Tweets:
@siddarthpaim
| 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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XDA Developers, Engadget, Macworld, AppleInsider, BigTechWire, SlashGear, TechCrunch, Cult of Mac, The Verge, MacRumors, MobileSyrup, 9to5Mac, MacDailyNews, BGR, and Patently Apple
Tweets:
@markgurman, @wongmjane, @markgurman, @parkerortolani, @jamespmcleod, @silvermanjacob, @ashleygjovik, and @mhdempsey
| 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.| 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: |
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Reuters, Bloomberg, Reuters, New York Times, GeekWire, Windows Central, Reuters, Forbes, Financial Times, StreetInsider.com, Investing.com Canada, Wall Street Journal, and Shacknews
Tweets:
@patrickmoorhead, @fxshaw, @fxshaw, @fxshaw, @fxshaw, @fxshaw, @epro, and @carnage4life
| 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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Ars Technica, The Verge, GOP on YouTube, The Hill, Forbes, Engadget, Mashable, PetaPixel, The Daily Wire, Gizmodo Australia, and New York Post
Tweets:
@alexthomp, @gop, @samcornale, @axios, @adamgreen, @wavesblog, and @ianbremmer
| 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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Unchained Crypto, PYMNTS.com, Reuters, The Information, Gizmodo, CoinDesk, Finextra, Cointelegraph, Blockworks, crypto.news, Financial Times, Decrypt, The Block, Watcher Guru, Cryptopolitan, and Ethereum World News
Tweets:
@investvoyager, @newsasset, @stephanie_murr, @hosseeb, @tier10k, and @tier10k
| 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 …
More:
New York Post, BigTechWire, Fortune, Politico, and Insider
Tweets:
@dylan522p, @tech_correspond, and @stephennellis
| 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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GOV.UK, BBC, GOV.UK, Associated Press, Tech Xplore, PCMag, iClarified, IMore, AppleInsider, ITPro, 9to5Mac, CNBC, TechCrunch, Politico, Neowin, and City A.M.
Tweets:
@cmagovuk, @biztradegovuk, @whichuk, @s8mb, @zach_cer, @fsb_policy, @zach_cer, @iealondon, @s8mb, @kevinhollinrake, @loumariehsd, @brucel, and @owenmeredithnma
| 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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WhatsApp Blog, Android Police, Tech.co, WABetaInfo, Washington Post, Tech Advisor, 9to5Mac, Neowin, SlashGear, 9to5Google, Android Central, Engadget, iThinkDifferent, BGR, India Today, Android Authority, Pocketnow, The Indian Express, TechRadar, TechCrunch, BigTechWire, gHacks Technology News, Redmond Pie, and CNET
| 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 …
More:
European Commission, Politico, Wall Street Journal, Euractiv, LinkedIn, Ars Technica, Politico, Patently Apple, PYMNTS.com, Bloomberg, CNBC, Computerworld, and Silicon Republic
| 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| Sarah Perez / TechCrunch: |
News sharing app Artifact adds an AI tool to generate article summaries, while noting users should still read the full articles due to occasional errors — Artifact, the personalized news aggregator from Instagram's founders is further embracing AI with the launch of a new feature that will now summarize news articles for you.| 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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Spotify, The Verge, The Information, Financial Times, SlashGear, Digital Music News, PhoneArena, IMore, AppleInsider, MobileSyrup, 9to5Mac, Tech Startups, Mashable, iPhone in Canada Blog, gHacks Technology News, The Hollywood Reporter, Investor's Business Daily, Reuters, Variety, and Axios
LinkedIn:
Divyan Mistry. Tweets:
@eldsjal, @spotifynews, @fundiescapital, @thetranscript_, and @spotifynews
| 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.
More:
Yelp, VentureBeat, Gizmodo Australia, Mashable, 9to5Mac, AppAdvice, iClarified, Fast Company, PYMNTS.com, Search Engine Land, Engadget, and The Verge
| Bloomberg: |
Nick Clegg says TikTok's presence in the US, while China bars Meta, isn't a level playing field, and new tech like AI shouldn't be based on autocratic values — Meta Platforms Inc.'s head of global affairs, Nick Clegg, called into question the values of TikTok by invoking … | 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 …
More:
CNBC, Engadget, TechCrunch, The Robot Report, and Electrek
Tweets:
@kvogt, @wholemarsblog, and @thatguyintech
| 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.| 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 …
More:
T2. Mastodon:
@ernie@writing.exchange. Tweets:
@dexerto, @samknight1, @mattnavarra, and @mattbinder
| Jordan Pearson / VICE: |
More:
TechCrunch and MobileSyrup
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