Techmeme
May 4, 2023, 8:40 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 …
Kif Leswing / CNBC:
Apple Q2 revenue: iPhone up 2% YoY to $51.33B, Mac down 31% YoY to $7.17B, iPad down 13% YoY to $6.67B, and Wearables, Home, and Accessories down 1% to $8.76B  —  - Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street's soft expectations for sales and revenue …
Ina Fried / Axios:
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:
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.
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 …
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.
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.
Erin Woo / The Information:
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested the company 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 …
Bill Peters / MarketWatch:
Coinbase reports Q1 revenue down 34% YoY to $772.5M, vs. $655M est., net loss down 82% YoY to $78.9M, $145B in trading volume, vs. $147.7B est.; COIN jumps 8%+  —  'The crypto industry continues to be volatile, as evidenced most recently by the disruptions in the banking sector and ongoing regulatory uncertainty,' executives say
Joseph Menn / Washington Post:
A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators  —  The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined

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:
Everything new in the Zoho Sign Android mobile app  —  With a 4.5 star user rating in the Google Play Store, Zoho Sign's native mobile app for Android is a must-have for secure, swift, and hassle-free paperwork management.
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.

Featured Podcasts

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.
Techmeme Ride Home:
Tariff Groundhog Day
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Grit:
Flexport's Third Act: Winning in a Broken Global Trade System
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder & CEO of Vercel, creators of v0 and Next.js)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:40 PM ET, May 4, 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.

More News

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

Earlier Picks

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