-
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 -
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 -
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 -
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 -
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” -
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 -
Tom Warren / The Verge: Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS -
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 -
MacKenzie Sigalos / CNBC: Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%; SQ jumps 7%+ after hours -
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 -
Michael Kan / PCMag: Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison -
Sponsor Post Tribe AI: Build AI that works — Tribe builds tech for top AI companies. Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap. -
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 -
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 -
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 -
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 -
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 -
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 -
Bloomberg: Cloudflare reports Q1 revenue up 30% YoY to $378.6M, vs. $373.7M est., and forecasts Q2 revenue below estimates; NET drops 13%+ after hours -
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 -
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 -
Bloomberg: Microsoft adds deputy chief information security officers within its product groups after a spate of cyberattacks, but declines to identify the new officials -
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 -
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”