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February 1, 2024, 9:10 PM
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Top News

Apple:
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B  —  Services revenue reaches new all-time record EPS up 16 percent to new all-time high  —  Apple® today announced financial results for its fiscal 2024 first quarter ended December 30, 2023.
Kif Leswing / CNBC:
Apple Q1 revenue: iPhone up 6% YoY to $69.7B, Mac up 1% to $7.78B, iPad down 25% to $7.02B, and Wearables, Home, and Accessories down 11% to $11.95B  —  10 minutes ago
William Gallagher / AppleInsider:
Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features that the company plans to announce “later this year”
Sarah Perez / TechCrunch:
In Meta's earnings call, Mark Zuckerberg described Apple's new DMA rules as “so onerous” that he doubts any developer, including Meta, would adopt them  —  Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple's compliance with the EU's new Digital Markets Act …
Meta:
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023; META up 11%+  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2023.
Sarah Perez / TechCrunch:
Mark Zuckerberg says Threads now has more than 130M MAUs and is “growing steadily”
Rohan Goswami / CNBC:
Meta says it will pay a 50 cent dividend for the first time, and has authorized a $50B share buyback
Jonathan Vanian / CNBC:
Meta's Reality Labs unit had revenue of $1B in Q4 but had a record operating loss of $4.65B; the metaverse division has now lost over $42B since the end of 2020
Sergiu Gatlan / BleepingComputer:
Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta's breach from October 2023  —  Cloudflare disclosed today that its internal Atlassian server was breached by a ‘nation state’ attacker who accessed its Confluence wiki …
Amazon:
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2023.  Fourth Quarter 2023
Akash Sriram / Reuters:
Amazon reports Q4 AWS revenue up 13% YoY to $24.2B, vs. $24.26B est., and operating income of $7.2B, up from $5.2B YoY
Nick Bilton / Vanity Fair:
Interviews with Tim Cook, Greg Joswiak, James Cameron, Jon Favreau, and others on the Apple Vision Pro, using the device, developing the headset, and more  —  Inside Apple Park, the tech giant's CEO talks about the genesis of a “mind-blowing” new device that could change the way we live and work.
Joe Rossignol / MacRumors:
Apple says developers have optimized 600+ apps for the Vision Pro in time for its February 2 launch, including Airmail, Box, MUBI, Night Sky, Parcel, and PCalc
Kyle Wiggers / TechCrunch:
Google debuts ImageFX, an AI image generator underpinned by Imagen 2, with “expressive chips”, or keyword suggestions, and brings Imagen 2 to Vertex AI and Bard  —  Taylor Swift deepfakes be damned, Google is releasing a new AI-powered tool, TextFX, for image creation.
James Hunt / The Block:
The US EIA plans to begin surveying crypto miners' electricity use next week; the EIA justified the emergency data collection by citing BTC's 50% price increase  —  - The Energy Information Administration will begin surveying the electricity use of U.S. crypto miners next week …
Sergiu Gatlan / BleepingComputer:
CISA orders US federal agencies to disconnect all Ivanti Connect Secure and Policy Secure VPN appliances vulnerable to actively exploited bugs before February 3  —  CISA has ordered U.S. federal agencies to disconnect all Ivanti Connect Secure or Policy Secure VPN appliances vulnerable …
Sarah Perez / TechCrunch:
Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers  —  Amazon announced today the launch of an AI-powered shopping assistant it's calling Rufus that's been trained on the e-commerce giant's product catalog …
Andrew J. Hawkins / The Verge:
Google plans to roll out a Google Maps feature that uses LLMs to analyze its data on 250M+ places and community insights to recommend places, starting in the US  —  Google is bringing generative AI to — where else?  — Google Maps, promising to help users find cool places through the use of large language models (LLM).
Sean Hollister / The Verge:
The US CPSC says Snap will recall all its Pixy selfie camera drones because their batteries pose a fire hazard; Snap sold fewer than 71K drones in four months  —  Snap gave up on its Pixy flying selfie camera drone after just four months, but it turns out the company sold 71,000 drones …
Richard Nieva / Forbes:
YouTube says YouTube Premium and Music have a combined 100M subscribers; CEO Neal Mohan says subscriptions have become a “meaningful part” of YouTube's business  —  YouTube CEO Neal Mohan told Forbes the subscription services are now a “meaningful part” of the business.
Asa Fitch / Wall Street Journal:
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026  —  Construction on two factories now slated to be finished in late 2026 as company also waits for government incentives
Ashley Carman / Bloomberg:
UMG begins pulling its artists' music from TikTok after negotiations failed; videos featuring UMG-owned songs will be muted, and users can pick a new soundtrack  —  - Publisher behind Drake and Taylor Swift pushes for better pay  — Videos featuring Universal Music-owned songs will be muted
Dexter Thomas / Wired:
Q&A with TikTok CEO Shou Zi Chew on the company's music festival in Arizona, his background, TikTok and music, US scrutiny, music labels, moderation, and more

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This is a Techmeme archive page. It shows how the site appeared at 9:10 PM ET, February 1, 2024.

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From Mediagazer

Athena Stavrou / The Independent:
More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza

Dominick Mastrangelo / The Hill:
Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart

CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M

More News

Sergiu Gatlan / BleepingComputer:
The FTC settles with Blackbaud, ordering the cloud software company to delete consumers' data and boost security after a May 2020 data breach affected millions
David Pierce / The Verge:
The Browser Company unveils new features for its Arc desktop browser, including Arc Explore, a desktop version of Arc Search's “browse for me”, and Live Folders
Scott Stein / CNET:
Meta starts rolling out its v62 software update for Meta Quest headsets, adding support for playing Apple's spatial videos, PS4 and PS5 controllers, and more

Earlier Picks

Kyle Wiggers / TechCrunch:
The Allen Institute for AI open sources OLMo, or “Open Language Models”, and its dataset Dolma; partners Harvard, AMD, Databricks, and others helped create OLMo
Zack Whittaker / TechCrunch:
Apple releases visionOS 1.0.2, fixing a WebKit vulnerability that, if exploited, allowed malicious code execution; Apple included a patch in iOS 17.3 last week
Andrew Webster / The Verge:
Microsoft says Pocket Pair's Palworld, still technically in early access, is the biggest third-party Xbox Game Pass launch in history, reaching 7M players
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