Techmeme
May 2, 2024, 6:55 PM

Top News

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:
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_iiiForums: r/Rabbitr1

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
(BNS) Brian's Appearance On Daily Detroit
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

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.

More News

Kalley Huang / The Information:
Katie Roof / Bloomberg:
Tess Owen / Wired:

Earlier Picks

Kyle Chayka / New Yorker:
Sofia Barnett / Wired:
Dan Goodin / Ars Technica:
Vittoria Elliott / Wired: