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May 2, 2024, 6:55 PM
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Apple:
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5% after hours  —  Services revenue reaches new all-time record  —  EPS sets March quarter record  —  Apple® today announced financial results …
Kif Leswing / CNBC:
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B  —  Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
Zac Hall / 9to5Mac:
Tim Cook says Apple has “big plans to announce” from an “AI point of view” during its May 7 event, where new iPads are expected, and at WWDC in June  —  Update: It turns out Tim Cook was misquoted or mis-paraphrased in the CNBC story.
Natasha Lomas / TechCrunch:
Apple adds carveouts to its EU core tech fee, exempting free app developers and giving those with annual global revenue under €10M a three-year “free on-ramp”  —  Apple is tweaking how it applies a new fee that can apply to iOS developers in the European Union as it continues …
Jess Weatherbed / The Verge:
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program  —  Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
Tom Warren / The Verge:
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS  —  Microsoft is fully rolling out passkey support for all consumer accounts today.  After enabling them in Windows 11 last year …
Jem Aswad / Variety:
Universal Music Group and TikTok strike a new music licensing deal to bring UMG music back to the platform, including “improved remuneration” and AI protections  —  The months-long standoff between Universal Music Group and TikTok over royalty payments and AI policies is finally over …
Sudz Niel Kar / MyHealthyApple:
Apple Watch's AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA's MDDT program  —  The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).
Senator Scott Wiener / @scott_wiener:
[Thread] California State Senator Scott Wiener defends his AI safety bill, SB 1047, after criticism that it will “crush OpenAI's competitors” and open-source AI  —  AI policy is a new & fast-moving field & it's healthy & important to have a diversity of perspectives. However, this thread contains some extreme inaccuracies — indeed outright fear-mongering — about our AI safety legislation (SB 1047) that need to be corrected: 🧵
The Verge:
Peloton CEO Barry McCarthy steps down, as the company lays off ~15% of its workforce, or ~400 people, its fifth cut since its 2021 peak, when it had 8,600 staff  —  Peloton's CEO Barry McCarthy is stepping down after announcing yet another round of layoffs, this time affecting about 15 percent …
New York Times:
A US federal judge grills the DOJ and Google in the closing arguments of US v. Google, as the most consequential tech antitrust case since the 1990s concludes  —  Judge Amit P. Mehta tried poking holes in the closing arguments of a landmark monopoly case as he weighs a ruling that could reshape tech.
Molly White / Citation Needed:
As people yearn for the web's “good old days”, bringing those days back is possible with new tech, the possibility of new protocols, and more internet users  —  Listen to a voiceover of this post, download the recording for later, or subscribe to the feed in your podcast app.
Russell Brandom / Rest of World:
WhatsApp told Delhi High Court last week that it will be forced to leave India if required to maintain “traceability” for messages as part of 2021's IT rules  —  Tracing the origins of messages is more complicated than it sounds.  —  Russell Brandom is the U.S. Tech Editor at Rest of World.
Sergiu Gatlan / BleepingComputer:
Microsoft confirms the April 2024 Windows security updates break VPN connections across client and server platforms on Windows 11, 10, and Server 2008 or later  —  Microsoft has confirmed that the April 2024 Windows security updates break VPN connections across client and server platforms.
Krisztian Sandor / CoinDesk:
Tether partners with Chainalysis to identify risky crypto addresses that could be used for bypassing sanctions or illicit activities, like terrorist financing  —  The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities …
Kate O'Keeffe / Bloomberg:
Sources and documents: Huawei is secretly funding cutting-edge research at US universities including Harvard through an independent Washington-based foundation  —  - Chinese telecom maker is sole funder of optics competition  — Blacklisted company's role kept private by DC-based group
Saritha Rai / Bloomberg:
Microsoft announces plans to invest $2.2B in cloud and AI services infrastructure in Malaysia over four years and train 200K people in AI skills in the country  —  - Nadella announces plan for more AI infrastructure in Malaysia  — Tech companies are targeting Southeast Asia as new growth area
Hannah Rabinowitz / CNN:
The US DOJ sentences Ukrainian national Yaroslav Vasinskyi to 13+ years in prison and orders $16M in restitution for helping REvil conduct ransomware attacks  —  A Ukrainian national was sentenced on Wednesday to more than 13 years in prison and ordered to pay $16 million in restitution …
David Pierce / The Verge:
Rabbit R1 review: $199 is the right price, fun design, and a good mic, but the best features are all MIA, finicky and slow, and using a phone is better  —  Artificial intelligence might someday make technology easier to use and even do things on your behalf.  All the Rabbit R1 does right now is make me tear my hair out.
More: Fortune, SlashGear, CNET, and Gizmodo
Threads: @joanwestenberg, @jonporteruk, and @rjp_iii.  Forums: r/Rabbitr1

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This is a Techmeme archive page. It shows how the site appeared at 6:55 PM ET, May 2, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Lili Loofbourow / Washington Post:
A look at Amazon Prime Video's election night show, with former NBC News anchor Brian Williams, a wide array of news team members and guests, and a surreal set

Sara Fischer / Axios:
How Trump and his allies could go after the media in his second term through harassment campaigns and lawsuits, draining the companies of time, money, and trust

Christopher Palmeri / Bloomberg:
US filing: Paramount Global talked to WBD about a merger for months before giving up after receiving no offer; Paramount held talks with at least 12 bidders

More News

Kalley Huang / The Information:
Some developers are releasing versions of Llama 3, which has a context window of 8K+ tokens, with longer context windows, thanks to Meta's open-source approach
Katie Roof / Bloomberg:
LA-based wealth management startup Altruist, whose software and app help with trading and more, raised a $169M Series E led by Iconiq at a $1.5B valuation
Tess Owen / Wired:
Tech Transparency Project: US extremist militias are quietly coordinating across ~200 Facebook groups and profiles, after lying low since the January 6 riot

Earlier Picks

Kyle Chayka / New Yorker:
As social media platforms pivot away from news distribution, a look at news sites like The Verge, which feel more like social media, with aggregation and more
Sofia Barnett / Wired:
Anonymous social media app Sidechat has become both a place for dialog and a breeding ground for hate speech amid US college protests over the Israel-Hamas war
Dan Goodin / Ars Technica:
Trend Micro: cybercriminals and nation-state spies are coexisting inside the same compromised name-brand routers, using the devices to disguise their attacks
Vittoria Elliott / Wired:
Ethan Zuckerman sues to stop Meta from blocking his planned Unfollow Everything 2.0 extension that would let Facebook users tune or even turn off their Feed
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