Techmeme
November 2, 2023, 5:55 PM

Top News

Apple:
Apple reports Q4 revenue down 1% YoY to $89.5B, vs. $89.3B est., and net income up 11% YoY to $22.9B  —  iPhone revenue sets September quarter record Services revenue reaches new all-time high  —  Apple® today announced financial results for its fiscal 2023 fourth quarter ended September 30, 2023.
Kif Leswing / CNBC:
Apple Q4 revenue: iPhone up 3% YoY to $43.81B, Mac down 34% to $7.61B, iPad down 10% to $6.44B, and Wearables, Home, and Accessories down 3% to $9.32B  —  - Apple reported fourth-fiscal quarter earnings on Thursday that beat analyst expectations for sales and earnings per share …
Tom Warren / The Verge:
After major Azure attacks, Microsoft launches the Secure Future Initiative, with plans to use AI and automation to identify vulnerabilities and respond faster  —  Microsoft has had a rough few years of cybersecurity incidents.  It found itself at the center of the SolarWinds attack nearly three years ago …
Financial Times:
OpenAI, Google, and others sign a non-binding document to let the US, the UK, and others, but not China, test their latest AI models for national security risks  —  OpenAI, Google DeepMind and Meta among those who signed legally non-binding document at UK's AI safety summit
Khari Johnson / Wired:
Ingrid Lunden / TechCrunch:
Elizabeth Lopatto / The Verge:
Bloomberg:
The FTC says Jeff Bezos ordered Amazon executives to accept more junk ads to boost profits; Amazon used disappearing Signal chats from June 2019 to early 2022  —  - FTC releases less redacted antitrust complaint against Amazon  — Amazon counters that the FTC is ‘wrong on facts and the law’
Devin Coldewey / TechCrunch:
Chris Welch / The Verge:
Paul McCartney and Ringo Starr release Now and Then, the first “new” Beatles song since 1995, created using AI and an old lo-fi John Lennon recording  —  Today marks the release of the first “new” song by the Beatles since 1995.  “Now and Then” is available on streaming services …
Adamya Sharma / Android Authority:
US v. Google: Apple's Eddy Cue sent Tim Cook a presentation in 2013 that declared “Android is a massive tracking device” and detailed Google's privacy practices  —  - Apple's internal presentation from 2013 is part of new exhibits posted by the Department of Justice in the ongoing Google antitrust trial.
Leah Nylen / Bloomberg:
Ivan Mehta / TechCrunch:
Brave releases its AI assistant Leo to all desktop users and unveils Leo Premium, offering access to faster and better LLMs and higher rate limits for $15/month  —  Brave, a company building an alternative web browser, is releasing its AI-powered assistant, Leo, to all desktop users.
Reuters:
Boeing investigates a cyber incident that impacted its parts and distribution business, days after LockBit announced stealing “a tremendous amount” of its data  —  Boeing (BA.N), one of the world's largest defense and space contractors, said on Wednesday it was investigating …
Les Pounder / Tom's Hardware:
Arm acquires a minority stake in Raspberry Pi, extending the two companies' partnership that began in 2008 and has resulted in ARM CPUs in all Raspberry Pi SoCs  —  Arm wants a slice of Pi  —  Arm Holdings plc today announced that it has made a strategic investment, a minority stake in Raspberry Pi Ltd …
Lauren Feiner / CNBC:
New York AG Letitia James says Uber and Lyft agreed to pay a combined $328M to settle allegations they withheld wages from drivers and did not provide sick pay  —  - Uber and Lyft agreed to pay a total of $328 million to settle allegations that they unlawfully withheld wages from drivers …
Jay Goldberg / Digits to Dollars:
Apple's M3 series shows a return to core messaging themes around user human usability; producing three M3 chips likely has to be close to $1B in tape-out costs  —  Earlier this week Apple unveiled the latest in its line of CPUs - the M3 family.  There has been a lot of CPU news in the past weeks …
Niket Nishant / Reuters:
PayPal discloses that the company received an SEC subpoena tied to its US dollar stablecoin, launched in August 2023  —  Payments firm PayPal Holdings (PYPL.O) said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin.

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Earlier Picks

Myles McCormick / Financial Times:
Ryan Browne / CNBC:
Brody Ford / Bloomberg:
Amanda Chicago Lewis / The Verge:
Joe Duball / IAPP: