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Techmeme
May 3, 2024, 9:35 AM
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Top News

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.
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 …
Wesley Hilliard / AppleInsider:
Tim Cook says half of the Fortune 100 companies have purchased Apple Vision Pro units
Nikkei Asia:
Apple reports Q2 revenue down 8.1% YoY to $16.4B in Greater China, down 12.7% YoY to $6.3B in Japan, and down 17.2% YoY to $6.7B in the rest of Asia-Pacific
Todd Spangler / Variety:
Apple Q2: revenue from Services, which includes Apple TV+ and Apple Music, rose 14% YoY to $23.9B, vs. $23.27B estimated, an all-time record
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).
Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more  —  Insiders say he's still pulling the strings at Microsoft  —  In 2017, just before Microsoft forged a partnership …
Aria Alamalhodaei / TechCrunch:
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time  —  Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
Lindsay Clark / The Register:
A committee of UK legislators says the government's reticence to address alleged copyright theft is a “de facto endorsement” of the way tech firms build LLMs  —  A committee of UK legislators has slammed the government for its response to alleged copyright theft as a …
Paige Smith / Bloomberg:
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1
Olga Kharif / Bloomberg:
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ  —  - Consumer transaction revenue almost doubled from last quarter  — Urges ‘caution in extrapolating’ results so far this quarter
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

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This is a Techmeme archive page. It shows how the site appeared at 9:35 AM ET, May 3, 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

Georg Szalai / The Hollywood Reporter:
WBD reports Q3 adjusted EBITDA for DTC, including streaming and pay-TV, of $289M, up from $111M in Q3 2023, and 110.5M subscribers, up 7.2M from Q2 2024

More News

Karissa Bell / Engadget:
X tweaks its block feature to let users see replies to their posts even by users who have blocked them, with the aim of identifying and reporting “bad content”
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
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

Earlier Picks

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
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
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
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
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”
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
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