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May 4, 2023, 6:45 PM
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| 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 …
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Silicon Valley Business …, AppleInsider, 9to5Mac, Investor's Business Daily, Thurrott, MacRumors, Bloomberg, Livemint, Axios, Latest Blog & Updates, Financial Times, Apple, MacStories, Six Colors, Six Colors, Cult of Mac, BGR, The Apple Post, MacDailyNews, iPhone in Canada Blog, and Barron's Online
LinkedIn:
Francisco Crane De Narvaez. Mastodon:
@daniel_rubino@newsie.social. Tweets:
@adamsinger, @benbajarin, @patrickmcgee_, @epro, @neilcybart, @lexnfx, @patrickmcgee_, @stevemoser, @inafried, @lexnfx, @mike_wuerthele, @neilcybart, @rjonesy, @neilcybart, @thetranscript_, @rsgnl, @patrickmcgee_, @neilcybart, @tculpan, @dougboneparth, @neilcybart, @lexnfx, @sarthakgh, @patrickmoorhead, @munster_gene, @neilcybart, @levynews, @lexnfx, @brandonbutch, and @patrickmcgee_
| 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 …
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Nikkei Asia, The Guardian, Macworld, Engadget, The Verge, Reuters, TechCrunch, AppleInsider, MobileSyrup, PhoneArena, Neowin, and Patently Apple
| Todd Spangler / Variety: |
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CNN, AppleInsider, 9to5Mac, The Apple Post, and The Hollywood Reporter
Tweets:
@gartenberg, @lexnfx, @patrickmcgee_, @neilcybart, @divestech, @patrickmcgee_, @patrickmcgee_, and @dividendgrowth
| 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.
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Ars Technica, 9to5Google, Made by Google on YouTube, PCMag, Bloomberg, Laptop Mag, SamMobile, Android Police, XDA Developers, ZDNet, Engadget, Game Rant, TechRadar, Android Authority, TechCrunch, Redmond Pie, Wired, Tom's Guide, TalkAndroid.com, Android Central, MobileSyrup, Chrome Unboxed, OnMSFT.com, Mashable, Pocket-lint, Gizchina, Android Headlines, Digital Trends, Droid Life, BGR, SlashGear, Wccftech, BigTechWire, Liliputing, and IGN
LinkedIn:
Rachel Scott. Tweets:
@madebygoogle, @googlepixel_us, @captain2phones, @markgurman, @sondesix, @captain2phones, @eli___k, @ow, @gartenberg, @techcrunch, @mkbhd, @mgsiegler, and @stshank
| 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.
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The White House, The White House, Reuters, The Verge, The Guardian, Bloomberg, PCWorld, Insider, AI Village, Wall Street Journal, Wired, Metaverse Post, CIO Dive, New York Times, Fox Business, Politico, Cryptopolitan, CNN, SecurityWeek, Associated Press, Washington Post, and Financial Times
LinkedIn:
Jonathan S. Luzader and Carine de Meyere
Tweets:
@stevemoser, @donie, @rob_weissman, @civilrightsorg, @finmoorhouse, @pegobry, @ankareuel, @sebkrier, @nickadobos, @alondra, @adamthierer, @beauwoods, and @rowancheung
| Financial Times: |
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess the opportunities, guardrails, and principles for protecting competition — CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
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GOV.UK, GOV.UK, The Guardian, The Register, Tech Monitor, TNW, Engadget, Computerworld, CNBC, Cointelegraph, Cryptopolitan, City A.M., Silicon Republic, Sky News, Associated Press, UKTN, Bloomberg, and Reuters
Tweets:
@cmagovuk, @daviddavismp, @emilybell, @stokel, @s8mb, @matthewlesh, @maxvonthun, @matthewlesh, @cmagovuk, @drphilipmarsden, and @s8mb
| 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 …
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Shopify, TechCrunch, San Francisco Business Journal, Bank Automation News, SiliconANGLE, Crunchbase News, Wall Street Journal, Barron's Online, Insider, Flexport, Inc., Tech Xplore, FreightWaves, Associated Press, WRAL TechWire, PYMNTS.com, TechCrunch, The Information, and Silicon Republic
LinkedIn:
Ryan Smith, Victor Elmann, and David Marczak
Tweets:
@typesfast, @sub8u, @juokaz, @buccocapital, @modestproposal1, @ccm_ryan, @juokaz, @ryanmcraver, @itsjoekent, @thetranscript_, @tishacm, and @benedictevans
| Ilya Banares / Bloomberg: |
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Reuters, NBC News, Shopify, The Register, The Hill, BetaKit, Globe and Mail, The Information, Investor's Business Daily, The Economic Times, and CNBC
Tweets:
@delrey, @ow, @mikelltaylor, and @elliotjaystocks
| 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.
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SemiAnalysis and Insider
| 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 …
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Investor's Business Daily, Thurrott, Neowin, Reuters, CNBC, and WinBuzzer
LinkedIn:
Dina Bass. Tweets:
@tomwarren, @newsynick, @dylan522p, @dinabass, @swiftonsecurity, and @benbajarin
| 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.
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The Official Microsoft Blog, Ars Technica, Windows Central, Windows Central, The Verge, Fast Company, CNBC, Cryptopolitan, ExtremeTech, Bloomberg, Cointelegraph, Windows Central, Search Engine Roundtable, Search Engine Journal, BGR, Gizchina, Thurrott, T3, OnMSFT.com, Analytics Insight, PCMag, PCWorld, Insider, GeekWire, Search Engine Land, Engadget, TechCrunch, and VentureBeat
LinkedIn:
Satya Nadella and Brad Abrams
Tweets:
@mtholfsen, @tomwarren, @nonmayorpete, @tomwarren, @jordirib1, @yusuf_i_mehdi, @tomwarren, @zacbowden, and @satyanadella
| 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.
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Discord Blog, TechCrunch, Windows Central, Gizmodo, TechSpot, BBC, SlashGear, PCWorld, Candid.Technology, Android Headlines, GameSpot, Mashable, Kotaku, Eurogamer.net, and TechRadar
Tweets:
@cosbunny, @yinsdere, @yuureiriri, @bcarr, @miiulysses, @kuromibatwings, @generaltekno, and @_riinchu_
| David Pierce / The Verge: |
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform” — If you want to be a member of Mozilla.Social, Mozilla's new Mastodon instance, you're not allowed to harass other users.| Bill Peters / MarketWatch: |
Coinbase reports Q1 revenue of $772.5M, down from $1.17B in Q1 2022, vs. $655M est., net loss of $78.9M, trading volume of $145B, vs. $147.7B est.; COIN up 6%+ — 'The crypto industry continues to be volatile, as evidenced most recently by the disruptions in the banking sector and ongoing regulatory uncertainty,' executives say
More:
Coinbase, CoinDesk, Decrypt, Bloomberg, TechCrunch, Fortune, Reuters, and CryptoSlate. Tweets:
@coinbase
| Emily Bary / MarketWatch: |
Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M — Company raises full-year forecast on a profit metric — Block Inc. posted a big beat on an adjusted earnings metric for its most recent quarter as it … | 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 …
More:
San Francisco Business Journal. Tweets:
@mtrc, @alexjc, @hammer_mt, @ericjackson, @amir, and @kantrowitz
| Kate Morgan / Wall Street Journal: |
Some Gen Z Americans are buying flip phones like the $75 TCL Classic or the $90 Nokia 2780, seeking a break from endless social media and email notifications — Modern models are a bit smarter than those from the early 2000s, but still offer a needed break from endless notifications
More:
PhoneArena, Wccftech, 9to5Mac, TechSpot, and Appuals.com
| Kyle Wiggers / TechCrunch: |
Hugging Face and ServiceNow Research release StarCoder, a free alternative to code-generating AI systems like GitHub Copilot, as part of their BigCode project — AI startup Hugging Face and ServiceNow Research, ServiceNow's R&D division, have released StarCoder, a free alternative …
More:
VentureBeat, InfoWorld, SiliconANGLE, Hugging Face, Silicon Republic, and ServiceNow. Tweets:
@servicenownews
| Denny Jacob / Wall Street Journal: |
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., net loss down 3% YoY to $162M, total orders up 27% YoY to 512M, and GOV up 29% YoY to $15.9B — Food-delivery company's revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged …
More:
The Information, Reuters, Bloomberg, DoorDash, and Fast Company
| Akash Sriram / Reuters: |
Lyft reports Q1 revenue up 14% YoY to $1B, net loss down 5% YoY to $187.6M, and active riders up 9.8% YoY to 19.5M; LYFT drops 15%+ on a dismal Q2 guidance — Lyft Inc's (LYFT.O) forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber … Sponsor Posts
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