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May 5, 2023, 2:00 PM
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| Mengqi Sun / Wall Street Journal: |
NY AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies — Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
More:
NY State Attorney General, Bloomberg, Engadget, Blockworks, Ethereum World News, CryptoSlate, CoinDesk, Cointelegraph, Cryptonews, and CoinGape. Tweets:
@jimmyvielkind
| 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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Apple, 9to5Mac, AppleInsider, Bloomberg, iThinkDifferent, Investor's Business Daily, Six Colors, WRAL TechWire, Fortune, O'Grady's PowerPage, iMore, RTÉ, MacDailyNews, BGR, Techlusive, MacRumors, Daring Fireball, MacRumors, Reuters, CNET, Wccftech, Cult of Mac, Silicon Valley Business …, MobileSyrup, Latest Blog & Updates, AppleInsider, 9to5Mac, MacStories, Livemint, Thurrott, Axios, MacDailyNews, iPhone in Canada Blog, and Financial Times
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Francisco Crane De Narvaez. Mastodon:
@daniel_rubino@newsie.social. Tweets:
@alternatejones, @adamsinger, @patrickmcgee_, @epro, @neilcybart, @lexnfx, @patrickmcgee_, @stevemoser, @inafried, @lexnfx, @mike_wuerthele, @neilcybart, @rjonesy, @neilcybart, @thetranscript_, @rsgnl, @patrickmcgee_, @neilcybart, @dougboneparth, @neilcybart, @lexnfx, @sarthakgh, @munster_gene, @levynews, @lexnfx, @brandonbutch, and @patrickmcgee_
| Kif Leswing / CNBC: |
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| Todd Spangler / Variety: |
| Yifan Yu / Nikkei Asia: |
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@neilcybart, @neilcybart, @stockmktnewz, and @patrickmcgee_
| Harmeet Singh Walia / Counterpoint Research: |
Smartphone shipments declined 14% YoY and 7% QoQ globally to 280.2M units in Q1 2023; Samsung declined 19%, Apple 2%, Xiaomi 22%, Oppo 10%, and Vivo 18% — - The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023.
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TechCrunch, IDC, Cult of Mac, Neowin, SamMobile, Android Authority, and Wccftech. Tweets:
@neiltwitz
| Wall Street Journal: |
Sources: Ant Group's transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system — Powerful new regulator will have to approve the fintech giant's application to become a financial-holding company
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PYMNTS.com, Bloomberg, Tech in Asia, ChinaTechNews.com, and Reuters
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@byron_wan and @luluyilun
| Chris Welch / The Verge: |
A review of the $250 JBL Tour Pro 2 wireless earbuds, whose case has a touchscreen for accessing earbud settings, along with extras like timers and a flashlight — The touchscreen offers quick access to earbud settings along with extras like timers and even a flashlight.
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USA Today, CNET, NBC News, Engadget, and Digital Trends
Tweets:
@chriswelch, @ericrennerbrown, and @lukew
| Aisha Malik / TechCrunch: |
Amazon expands Inspire, its in-app TikTok-like video and photo feed that lets users shop from content created by influencers and brands, to all US customers — Amazon's in-app TikTok-like shopping feed is now available to all customers in the United States, according to the company's website.| Bloomberg: |
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open source AI will outcompete Google and OpenAI — A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge …
Source:
SemiAnalysis. More:
Simon Willison's Weblog, Metaverse Post, SiliconANGLE, Gizmodo, Insider, Beyond Search, Cointelegraph, The New Stack, Fortune, Dexerto, CoinGape, The Information, and Tao of Mac
LinkedIn:
Ivan Lee. Tweets:
@ralph_grabowski, @bengoertzel, @simonw, @sashamtl, @daveyalba, @adamkovac, @random_walker, @wolfejosh, @davetroy, @scottadamssays, @scobleizer, @counternotions, @t0nyyates, @sergeykarayev, @alexgdimakis, @goldman, @mont_jiang, @mobileraj, @hosseeb, @loomdart, @steipete, @jelleprins, @emostaque, @nathanbenaich, @eladgil, and @adcock_brett
| 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| Eric Berger / Ars Technica: |
Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, to rival SpaceX's Starlink in the EU — The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major …
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The Register, Airbus, PCMag, TechSpot, Gizmodo, and DatacenterDynamics
| Catherine Shu / TechCrunch: |
Jakarta-based Praktis, which sells end-to-end supply chain software to direct-to-consumer brands and suppliers, raised a $20M Series A led by East Ventures — Small to medium-sized enterprises contribute 60% of Indonesia's gross domestic product. But companies in the D2C space still struggle to compete against bigger brands.| Alex Konrad / Forbes: |
A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake — The world's most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1.
More:
Pandaily. Tweets:
@jacobhelberg, @chrisfralic, @pstasiatech, @alexrkonrad, @alexrkonrad, @alexrkonrad, and @alexrkonrad. Thanks:@alexrkonrad
| 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 15%+ — '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, Blockworks, CoinDesk, NewsBTC, Cryptopolitan, CoinDesk, CryptoGlobe, Bloomberg, CryptoSlate, Reuters, and CoinDesk
Tweets:
@coinbase and @newsgagarin
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