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February 3, 2023, 12:30 PM
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WeSmirchTop News
| Apple: |
Apple reports Q1 revenue down 5% YoY to $117.2B, marking its largest annual quarterly revenue decline since 2016, and net income down 13% YoY to $30B — Installed base crosses 2 billion active devices and hits all-time high for all major product categories — Services set new all-time revenue record
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Ars Technica, Apple, BGR, TechSpot, Quartz, iPhone Hacks, Wccftech, Inc42 Media, Gizchina, iThinkDifferent, Six Colors, PYMNTS.com, The Economic Times, Forkast, Philip Elmer‑DeWitt, Financial Times, SlashGear, Cult of Mac, and MobileSyrup
Tweets: @patrickmcgee_, @markgurman, @munster_gene, @carnage4life, @dez_blanchfield, @aatilley, @gregcrennan, and @zollotech
| Kif Leswing / CNBC: |
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, and Wearables, Home, and Accessories down 8% YoY to $13.5B — Follow your favorite stocksCREATE FREE ACCOUNT — Apple missed expectations for revenue, profit, and sales for many of its lines …
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ZDNet, 9to5Mac, TechCrunch, Reuters, Bloomberg, Macworld, Patently Apple, BGR, The Motley Fool, Cult of Mac, Macworld, Bloomberg, MacDailyNews, Coinspeaker, TechCircle, MacRumors, Daily Mail, iThinkDifferent, iMore, Philip Elmer‑DeWitt, Appleosophy, CRN, The Information, WRAL TechWire, Insider, Daring Fireball, and 9to5Mac
| Aaron Tilley / Wall Street Journal: |
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing” — Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years
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Six Colors, Deepwater Asset Management, Yahoo Finance, 9to5Mac, Computerworld, CNBC, MobileSyrup, Philip Elmer‑DeWitt, CNET, Apple Must, Tom's Guide, Softpedia News, City A.M., RTÉ, International Business Times, The Economic Times, Muaz's Substack, Techlusive, Appuals.com, Wccftech, Insider, Cult of Mac, AppleInsider, and MacRumors
Tweets: @htsfhickey, @divestech, and @divestech
| Michael Potuck / 9to5Mac: |
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Associated Press, Engadget, iMore, Softpedia News, The Wrap, iMore, International Business Times, Music Ally, The Verge, and iPhone in Canada Blog
Tweets: @aapltree, @benbajarin, @neilcybart, and @ragnarisapirate
| Davey Alba / Bloomberg: |
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search” — Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations …
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9to5Google, Search Engine Land, The Verge, The Guardian, ZDNet, The Verge, Android Police, MobileSyrup, Tech Monitor, TechCircle, TechRadar, Search Engine Roundtable, Mashable, EdxCapital, The Shortcut, Livemint, Android Authority, PYMNTS.com, CNBC, BigTechWire, and The Information
Tweets: @quinnypig, @tomwarren, @webology, @pt, @borrowed_ideas, @borrowed_ideas, @stockmktnewz, and @kelseyhightower
| Alphabet: |
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New York Times, Search Engine Roundtable, Financial Times, and GSMArena.com
Mastodon: @caseynewton@mastodon.social. Tweets: @alphabetworkers, @carnage4life, @altcap, @carnage4life, @nicoagrant, @susanlitv, @nickstatt, @martyswant, @borrowed_ideas, @jenn_elias, @anthony, @thetranscript_, @mattrosoff, @bruce_lambert, and @rustybrick
| Todd Spangler / Variety: |
| Wall Street Journal: |
Sources: FTC is preparing an antitrust lawsuit against Amazon, though the timing remains in flux, and is scrutinizing Amazon Prime's bundling practices — Federal Trade Commission considers challenge to array of practices by Amazon, a target of criticism from Chair Lina Khan
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Thurrott, The Information, Reuters, Bloomberg, MarketWatch, Digiday, and BIG by Matt Stoller
| Rohan Goswami / CNBC: |
Activision Blizzard to pay $35M to the SEC to settle claims it violated federal whistleblower protections and failed to maintain adequate disclosure standards — - Activision Blizzard will settle with the SEC for $35 million, over claims that the company violated federal whistleblower protections … | Financial Times: |
Sources: Google invested $300M in Anthropic, taking a 10% stake in the generative AI startup and requiring it to spend the money on Google Cloud — Cash-for-computing deal shows how large tech groups are investing in companies at the vanguard of generative AI
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The Verge, VentureBeat, The Economic Times, Crunchbase News, and Slashdot
Tweets: @redphase, @bgurley, @jjvincent, and @kadhim
| Kevin Roose / New York Times: |
Inside ChatGPT's rushed launch, as OpenAI feared that rivals might upstage them; Sam Altman now worries about regulatory backlash and inflated expectations — Even inside the company, the chatbot's popularity has come as something of a shock. — One day in mid-November …
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Forbes, Insider, and ZDNet
Tweets: @kevinroose, @tomfgoodwin, @kevinroose, @cwarzel, @dkthomp, and @kevinroose
| Erin Woo / The Information: |
Source, document, and emails: PepsiCo and Anheuser-Busch have committed to spending $3M+ and $2.4M, respectively, on Twitter takeover ads during the Super Bowl — After weeks of turmoil and layoffs, Twitter's sales team in recent weeks has reorganized to focus more on big advertisers …
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Wall Street Journal, Reuters, MobileSyrup, and Social Media Today
| BuzzFeed News: |
Twitter ending free API access could have the unfortunate side effect of effectively killing off many useful bots like @MakeItAQuote, @BigTechAlert, and more — “I'm not paying a dime to Elon lol.” — Pranav Dixit — One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.
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The Guardian, Techdirt, gHacks Technology News, Mashable, Semafor, and TechRadar
Tweets: @anthony, @galaxykate, @katienotopoulos, and @pt
| TechCrunch: |
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The Verge, Insider, and Horrific/Terrific
Mastodon: @katestarbird@mstdn.social, @molly0xfff@hachyderm.io, @Green_Footballs …, @davidstalane@mastodon.social, @GossiTheDog@cyberplace.social, @mmasnick@mastodon.social, @jeremyburge@mastodon.world, and @blaine@mastodon.social
Tweets: @twitterdev, @elonmusk, @luca, @twitterdev, @molly0xfff, @get_alttext, @good_faces_bot, @agoldmund, @enichan, @redman, @chipfoxx, @film_girl, @wongmjane, @wongmjane, @maxkennerly, @mattbinder, @orchestrative, @mulligan, @mikeisaac, @thepacketrat, @alex_kirshner, @ninstatusbot, @josephpolitano, @josephpolitano, @carnage4life, @functi0nzer0, @kingkool68, @supersparkplugs, @mjg59, @anythingbott, @mjg59, @oalexanderdk, @0xabad1dea, @anythingbott, @halomancer1, @pookleblinky, @heyjenbartel, @webster, @shitpostbotmin, @mylesborins, @pkmnframes, @caseyjohnston, @rabbit_ebooks, @markpopham, @win98tech, @kottke, @sweetpavement, @steveluvender, @jgee, @mattsheffield, @keithkurson, @madokaframes, @atomicthumbs, @thdxr, @molly0xfff, @liora_, @zsk, @tomcoates, @twitterdev, @penamerica, @jangles, @rsarver, @dancow, @ashevat, @digiphile, @acaguy, @tiffanyleigh, @mgsiegler, @frogandtoadbot, @pkmnframes, @sbframesinorder, @russellbrandom, @esqueer_, @flynnjamm, @emojimashupbot, @frosunliberal, @mubashariqbal, @nickcicero, @connollyebooks, @renfamous, @godlessbot, @aliceavizandum, @migueldeicaza, @helenkennedy, @_restaurant_bot, and @solomonmg
| Amitoj Singh / CoinDesk: |
As the spat between Binance and WazirX escalates, Binance invites the Indian exchange to withdraw its assets held in Binance wallets after February 3 — The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.
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Binance Blog, TechCrunch, crypto.news, CoinJournal, CryptoSlate, Moneycontrol, Cointelegraph, Forkast, Cryptonews, CoinGape, Watcher Guru, Coinpedia Fintech News, and Ethereum World News
Tweets: @simplykashif and @bitfinexed
| Alex Weprin / The Hollywood Reporter: |
Amazon reports content spending up 28% YoY to $16.6B in 2022, of which ~$7B went to originals, live sports, and licensed third-party content included with Prime — The expenses related to video and music content were up 28 percent from 2021, when the tech giant spent $13 billion.
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The Information, TechCrunch, Deadline, and PYMNTS.com
| Amazon: |
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PYMNTS.com, Thurrott, MarketWatch, Reuters, Bloomberg, The Block, Coinspeaker, Digiday, Financial Times, ongoing by Tim Bray, and CNBC
Tweets: @shaig, @carnage4life, @patrickmoorhead, and @alexweprin
| Wall Street Journal: |
Documents offer a look at the four men, including a former child actor, who once owned ~86% of Tether Holdings, incorporated in 2014, and their ties to Bitfinex — The stablecoin has become a lucrative business at center of crypto economy — Tether Holdings Ltd. operates a $68 billion stablecoin …
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CoinDesk, Cointelegraph, crypto.news, Crypto Saving Expert, Coinpedia Fintech News, CryptoSlate, Coinspeaker, and The Information
Tweets: @johnreedstark, @neerajka, @dr_cswright, @shaunmmaguire, @smdiehl, @eliotwb, @davidgerard, and @paleofuture
| Matt Richtel / New York Times: |
Some US emergency services operators say they are inundated with false, automated calls by the Apple Watches or iPhone 14s of skiers and fitness enthusiasts — 911 dispatchers are buried under an avalanche of false, automated distress calls from skiers and other Apple device owners who are very much alive.| Rita Liao / TechCrunch: |
Two days after approving decentralized social network Damus, Apple complies with China's ask to remove the app from the App Store in China for “illegal” content — Damus, one of the fastest-growing Twitter alternatives, has been pulled from China's App Store just two days after the app was approved by Apple.
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9to5Mac, iPhone in Canada Blog, O'Grady's PowerPage, Pandaily, and Reclaim The Net
Tweets: @damusapp, @derekmross, @ritacyliao, and @ck_snarks
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