Techmeme
April 25, 2023, 4:30 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple is working on emotion tracking tools, coming to its Health app in 2023, and an AI-powered health coaching subscription service codenamed Quartz  —  Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions …
Rachel Metz / Bloomberg:
OpenAI now lets ChatGPT users turn off their chat histories, excluding them from the company's models, and plans to launch ChatGPT Business in the coming months  —  OpenAI is letting people opt to withhold their ChatGPT conversations from use in training the artificial intelligence company's models.
Dan Milmo / The Guardian:
The UK announces legislation to tackle the “excessive dominance” of Big Tech by empowering the CMA's Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power
Alex Thompson / Axios:
After President Biden's reelection campaign announcement, the Republican National Committee posts an attack ad featuring AI-generated images, including of Biden  —  - The video features AI-created images appearing to show Biden and Vice President Kamala Harris celebrating at an Election Day party …
Anne Steele / Wall Street Journal:
Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audio streaming giant posted lower-than-expected revenue gains as ad spending cooled Spotify Technology SA reported …
Yueqi Yang / Bloomberg:
Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker.  —  “While this development is disappointing, our chapter 11 plan allows …
Jon Porter / The Verge:
WhatsApp expands its multi-device feature to let the same account be used across multiple smartphones, not just tablets and computers, a long-requested feature  —  WhatsApp users are no longer restricted to using their account on just a single phone.  Today, the Meta-owned messaging service …
André Beganski / Decrypt:
Alphabet:
Alphabet reports Q1 revenue of $69.8B, up 3% YoY, net income of $15.1B, down from $16.4B YoY, and Other Bets revenue of $288M, down from $440M YoY, GOOG up 3%+  —  MOUNTAIN VIEW, Calif. - April 25, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.
Andrew J. Hawkins / The Verge:
GM's Cruise expands its “small” fleet of driverless robotaxis in San Francisco to daylight hours, now operating 24/7; the unit lost $561M in Q1 2023, up 73% YoY  —  Cruise, the autonomous vehicle division of General Motors, is now operating a “small” fleet of driverless robotaxis …
Bloomberg:
South Korea indicts Terraform Labs co-founder Daniel Shin and nine others on multiple charges related to TerraUSD and freezes ~$184.7M of their assets so far  —  South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.
Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …
Jordan Pearson / VICE:
Foo Yun Chee / Reuters:
Thierry Breton says EU Digital Services Act content rules will apply to Apple, Meta, Google, TikTok, Twitter, Wikipedia, YouTube, and 12 others from August 2023  —  Five Alphabet (GOOGL.O) subsidiaries, two Meta Platforms (META.O) units, two Microsoft (MSFT.O) businesses, Twitter and Alibaba's …
Sean Hollister / The Verge:
AMD announces the Ryzen Z1 and Ryzen Z1 Extreme, 4nm CPUs for handheld gaming PCs; the Z1 Extreme has eight Zen 4 cores and 16 threads with 12 RDNA 3 GPU cores  —  But the company's now saying the quiet part out loud: today, it's officially announcing the AMD Ryzen Z1 and Ryzen Z1 Extreme …
Kyle Wiggers / TechCrunch:
Nvidia open sources NeMo Guardrails, a developer toolkit designed to help make text-based generative AI apps more “accurate, appropriate, on topic, and secure”  —  For all the fanfare, text-generating AI models like OpenAI's GPT-4 make a lot of mistakes — some of them harmful.
Kif Leswing / CNBC:
Alphabet's board authorized a $70B buyback of its Class A and Class C shares, the same amount it approved in April 2022  —  - Google parent company Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases.  —  Follow your favorite stocksCREATE FREE ACCOUNT

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