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July 25, 2023, 5:55 PM
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Alphabet - Investor Relations:
Alphabet reports Q2 revenue of $74.6B, up 7% YoY, net income of $18.37B, up from $16B YoY, Google Cloud revenue of $8.03B, up from $6.28B YoY; GOOG is up 6%+  —  Announces Plans for Chief Financial Officer Transition and Appointment of President and Chief Investment Officer MOUNTAIN VIEW …
Casey Newton / Platformer:
Elon Musk's rebranding of Twitter to X shows his takeover is best understood not as a money-making endeavor, but as an extended act of cultural vandalism  —  RIP Twitter (2007-2023)  —  On Monday afternoon, a crane rolled up to Twitter's headquarters on Market Street.
Vlad Savov / Bloomberg:
Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing”  —  - Billionaire to build fintech services atop social platform  — Discarding the Twitter name reflects loftier goals, he says
Ivan Mehta / TechCrunch:
Twitter rolls out its updated “interim” X logo, replacing the iconic bird, following Elon Musk's weekend announcement; X.com now redirects to twitter.com
More: Insider, New York Times, The Messenger, Nieman Lab, Ars Technica, The Verge, The Verge, PYMNTS.com, CoinDesk, MobileSyrup, NBC News, gHacks Technology News, Gizmodo, Agence France-Presse, Macworld, Why Evolution Is True, Metro.co.uk, Newser, PetaPixel, The Verge, Insider, The Apple Post, Forbes, The Hill, 24/7 Wall St., BBC, Manton Reece, Wall Street Journal, Silicon Republic, The Messenger, Washington Post, Insider, 9to5Mac, Bitcoinist.com, Android Headlines, TechPowerUp, MySmartPrice, and The Verge
LinkedIn: Timø Ronan, Alex Kantrowitz, Leela Srinivasan, Leela Srinivasan, Jasmine Enberg, and Caroline Giegerich
Bluesky: @mmasnick.bsky.social, @rrrubenstein.bsky.social, @colinpeters.bsky.social, and @zitron.bsky.social
Mastodon: @mimsical@mastodon.social, @Renee@mastodon.social, @lauren@mastodon …, @lauren@mastodon …, @jsit@social.coop, @malwaretech@infosec.exchange, @SirTapTap@mastodon.social, and @TNLNYC@mastodon.social
Twitter: @elonmusk, @lindayacc, @lindayacc, @elonmusk, @elonmusk, @elonmusk, @martingrasser, @lindayacc, @elonmusk, @elonmusk, @waynesutton, @lindayacc, @mcjesse, @rmac18, @eliothiggins, @requiemarm, @kantrowitz, @esthercrawford, @levie, @tedlieu, @arictoler, @erratarob, @alex193a, @gaetaamy, @paulg, @mkbhd, @rmac18, @rmac18, @rmac18, @profgalloway, @parismarx, @rachelmetz, @sawyermerritt, @jayrosen_nyu, @peterjukes, @hbomberguy, @sesamestreet, @matttomic, @eyepatchwolf, @0xdesigner, @maxdubler, @azealia_tiktok, @hardmaru, @lunch_enjoyer, @0xgaut, @moorehn, @kenklippenstein, @normative, @parismarx, @lindayacc, @netik, @joshshepperd, @jtriest, @zeddary, @mabintou, @tomhfh, @samleecole, @ch1w33th3d0g, @tomwarren, @gaysexforreal, @drmistercody, @wagatwe, @davegerhardt, @chafkin, @noahshachtman, @brushalt, @rajatsuri, @paulg, @0xfoobar, @ccanonne_, @jack, @fontendou, @leederca, @mikedrucker, @kate_rouch, @keewa, @pankendev, @parkermolloy, @kurtruslfanclub, @rothschildmd, @nixcraft, @thegarrettscott, @b_hvrd, @stealthygeek, @stateofronance, @ruskin147, @jessicacadams, @tomwarren, @nmsonline, @webdesignmuseum, @nadineaucamp, @mrbiffo, @keffals, @riptari, @karlremarks, @nikitabier, @austen, @beeple, @savvyauntie, @channel4, @mrdavemacleod, @teslaownerssv, @halomancer1, @davidmackau, @amandamgoetz, @birdyword, @byyourlogic, @selsaystuff, @mike27356894, @turtlekiosk, @harrymccracken, @elonmusk, @levie, @jonrussell, @elonmusk, @zoeschiffer, @timsweeneyepic, @tomcoates, @mgsiegler, @tedlieu, @paulg, @jdcmedlock, @katie_roof, @emilcdc, @bendreyfuss, @yosephpaulos, @jamestobyne, @edzitron, @josephpolitano, @benedictevans, @gabor, @cameronwilson, @jangles, @rmac18, @sherman4949, @xxdepthxx, @largeroundson, @rmac18, @prateekwaghre, @levie, @alexeheath, @karaswisher, @benparr, @eliothiggins, @mshannahmurphy, @evacide, @zoeschiffer, @lcamtuf, @karaswisher, @alexdobie, @austen, @austen, @loupas, @jujuujba, @nycsouthpaw, @gruber, @killedbygoogle, @allergictoguac, @benedictevans, @danprimack, @packym, @levie, @parismarx, @itsmichelebro, @rmac18, @katzish, @stuli1989, @whstancil, @joshconstine, @edzitron, @ctjlewis, @pt, and @ditzkoff
Threads: @taylorlorenz, @keithedwards, @shellen, @crumbler, @renee.diresta, @hankgreen, @crumbler, @sarahprz, @carnage4life, and @reporterzoe
Forums: Hacker News and r/popculturechat
Microsoft - Investor Relations:
Microsoft reports Q4 net income up 20% YoY to $20.1B, revenue up 8% YoY to $56.2B, Office Commercial up 12% YoY, Dynamics 365 up 26% YoY, and LinkedIn up 5% YoY  —  REDMOND, Wash. — July 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2023 …
Jason Nelson / Decrypt:
OpenAI shuts down its AI classifier for indicating AI-written text, citing “its low rate of accuracy”, and will research “more effective provenance techniques”  —  In January, artificial intelligence powerhouse OpenAI announced a tool that could save the world …
Elissa Miolene / Mercury News:
At schools across California, some Chromebook models are about to age out of software updates; 13 models hit their death date this summer and 51 will in 2024  —  At a lofty warehouse in East Oakland, a dozen students have spent their summer days tinkering with laptops.
Foo Yun Chee / Reuters:
Apple faces a £785M class action lawsuit, claiming to represent over 1,500 app developers, over its App Store fees at the UK's Competition Appeal Tribunal  —  Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought …
Ashley Carman / Bloomberg:
Spotify Q2: revenue up 11% YoY to €3.2B, Premium subs up 17% YoY to 220M, MAUs up 27% YoY to 551M; Q3 sales forecast below analyst est.; SPOT closes down 14.26%  —  Spotify Technology SA fell as much as 13% in New York trading after the audio streaming giant reported sales that came …
David Pierce / The Verge:
The Browser Company launches Arc on macOS and iOS after a two-year waitlist; the browser helps users take notes, redesign webpages, organize tabs, and more  —  Arc, the Mac and iOS browser from The Browser Company, is finally ditching its waitlist.  The company has been testing the app …
TechCrunch:
Threads adds an option for a chronological feed of posts from people the user follows  —  Meta's text-based social network Threads is rolling out one of the most requested features after its launch — a following feed.  The company is also rolling out the ability to see posts you've liked in your settings.
Paul Alcorn / Tom's Hardware:
A Google researcher finds a vulnerability in AMD's Zen 2 chips, giving access to secure information like encryption keys; AMD expects most patches to come in Q4  —  A huge Zen 2 leak requires a patch. … Tavis Ormandy, a researcher with Google Information Security, posted today …
CNBC:
Snap Q2: revenue down 4% YoY to $1.07B, vs. $1.05B est., global DAUs up 14% YoY to 397M, vs. 395M est., and Q3 revenue forecast below est.; SNAP down 16%+  —  Snap reported second-quarter results that topped analysts' estimates but provided a weaker-than-expected forecast for the current period.
Richard Lawler / The Verge:
OpenAI releases ChatGPT for Android in the US, Bangladesh, and Brazil, and plans to launch in more countries next week  —  According to a company tweet, it's available first in the US, India, Bangladesh, and Brazil, with other countries set to follow later, mimicking the staged rollout we saw for the iOS version.

Sponsor Posts

Meta:
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From Mediagazer

James Warrington / Telegraph:
Almost 93% of 600 Guardian and Observer staff organized by the NUJ vote in favor of strike action over the proposed sale of The Observer to Tortoise

CNBC:
Comcast confirms plans to spin off its NBCUniversal cable TV networks, including MSNBC and CNBC, with Mark Lazarus as CEO; the separation may take about a year

Kanis Leung / Associated Press:
Apple Daily founder Jimmy Lai testifies for the first time in his years-long national security trial; he is already serving a jail term for a fraud conviction

More News

Reuters:
Driven by AI demand, TSMC plans to spend nearly $2.9B to build an advanced packaging facility in northern Taiwan and says current capacity is “very tight”
Todd Spangler / Variety:
Netflix rolls out a My Netflix tab on iOS, superseding the Downloads tab to offer downloads, watch lists, reminders, and more; Android gets My Netflix in August
Juli Clover / MacRumors:
Apple opens applications for Apple Vision Pro developer kits, offering developers a “loaner” to build apps alongside specialized hardware and software support

Earlier Picks

Andrew Hudson / Ars Technica:
An in-depth look at mainframe computers, their 50+ year history, and the IBM mainframe, a business mainstay that represents most of the estimated 10,000 in use
Bloomberg:
Filing: Binance, CZ, and its former Chief Compliance Officer Samuel Lim plan to file for the dismissal of a CFTC lawsuit; the CFTC sued the three in March 2023
Aisha Malik / TechCrunch:
TikTok rolls out support for text posts, available via the app's Camera page and letting users add sounds, locations, stickers, and more
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