Techmeme
May 4, 2023, 10:45 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:
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.
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:
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.
Ilya Banares / Bloomberg:
Shopify reports Q1 revenue up 25% YoY to $1.5B, vs. $1.43B est., GMV up 15% YoY to $49.6B, vs. $47.7B est., and plans to cut ~20% of its staff; SHOP jumps 20%+  —  Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business …
Annie Palmer / CNBC:
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
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.

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho Sign is a “high growth performer” in the Frost & Sullivan's Frost Radar™ for electronic signature software, 2024  —  We are happy to announce that Zoho Sign has clinched a position as a high growth performer …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Fri. 11/08 - Share To TikTok
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 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:

Earlier Picks

Steven Melendez / Fast Company:
More: InsiderTweets: @swyx, @tedtalks, @gdb, @simonw, and @dr_cintas
Abner Li / 9to5Google:
Lauren Feiner / CNBC:
Jess Weatherbed / The Verge:
Lily Hay Newman / Wired: