Techmeme
May 4, 2023, 5:25 PM

Top News

Apple:
Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B  —  Services revenue reaches new all-time high iPhone revenue sets March quarter record  —  CUPERTINO, CALIFORNIA Apple today …
Todd Spangler / Variety:
Richard Lawler / The Verge:
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event  —  / This is Google's first foldable phone.  More details are coming at Google I/O on May 10th.
David McCabe / New York Times:
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards  —  Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
Financial Times:
Lina M. Khan / New York Times:
Annie Palmer / CNBC:
Shopify sells its logistics unit to supply chain tech company Flexport, after building the operation for years and acquiring Deliverr for $2.1B in May 2022  —  - Shopify is selling its logistics unit to supply chain technology company Flexport.  — The Canadian e-commerce company …
Ilya Banares / Bloomberg:
Bloomberg:
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena  —  Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors …
Tom Warren / The Verge:
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins  —  Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
Emma Roth / The Verge:
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix  —  Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
Washington Post:
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch  —  For years the tech giant published scientific research that helped jump-start its competitors.  But now it's lurched into defensive mode.
CoinDesk:
Erin Woo / The Information:
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI may try to raise as much as $100B in the coming years  —  OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
Alf Wilkinson / Financial Times:
A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% over eight weeks, compared to an average 0.8% loss for 10 popular UK funds  —  Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com  —  Latest news on ETFs

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More News

Jemima Kelly / Financial Times:
Steven Melendez / Fast Company:
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Earlier Picks

Abner Li / 9to5Google:
Lauren Feiner / CNBC:
Jess Weatherbed / The Verge:
Lily Hay Newman / Wired: