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May 4, 2023, 5:15 PM
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| Apple: |
Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B — Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today …
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CNBC, The Verge, MacRumors, AppleInsider, Apple, BGR, The Apple Post, MacDailyNews, and iPhone in Canada Blog
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@neilcybart, @rjonesy, @neilcybart, @thetranscript_, @rsgnl, @patrickmcgee_, @neilcybart, @tculpan, @dougboneparth, @neilcybart, @lexnfx, @sarthakgh, @patrickmoorhead, @munster_gene, @neilcybart, @levynews, @datta_arvind, @lexnfx, @kantrowitz, @brandonbutch, @dividendgrowth, @patrickmcgee_, and @epro
| Kif Leswing / CNBC: |
Apple Q2 revenue: iPhone down 2% YoY to $51.33B, Mac down 31% YoY to $7.17B, iPad down 13% YoY to $6.67B, and Wearables, Home, and Accessories down 1% to $8.76B — - Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street's soft expectations for sales and revenue …
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Engadget, Reuters, TechCrunch, AppleInsider, Axios, and Financial Times
| Todd Spangler / Variety: |
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Bloomberg, The Hollywood Reporter, and MacDailyNews
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@patrickmcgee_, @neilcybart, @divestech, @patrickmcgee_, and @patrickmcgee_
| David McCabe / New York Times: |
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards — Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
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LinkedIn:
Jonathan S. Luzader and Carine de Meyere
Tweets:
@rob_weissman, @civilrightsorg, @finmoorhouse, @pegobry, @ankareuel, @sebkrier, @nickadobos, @alondra, @adamthierer, @beauwoods, and @rowancheung
| Financial Times: |
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess the opportunities, guardrails, and principles for protecting competition — CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
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| Lina M. Khan / New York Times: |
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Silicon Valley Business …, Ars Technica, Fortune, CIO Dive, WRAL TechWire, Silicon Republic, San Francisco Business Journal, and CNBC
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@kevincollier@mastodon.social. Tweets:
@ylecun, @azeem, @mat, @ediggs, @s8mb, @stevesi, @mattinthemittel, @lehogg, @jathansadowski, @neil_chilson, @sarthakgh, @oablanchard, @fabiochiusi, @s8mb, @jason_kint, @datasociety, @accountabletech, @linakhanftc, and @elidourado
| Richard Lawler / The Verge: |
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event — / This is Google's first foldable phone. More details are coming at Google I/O on May 10th.
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9to5Google, Ars Technica, PCMag, Bloomberg, Made by Google on YouTube, XDA Developers, Engadget, Android Police, TechCrunch, ZDNet, Android Authority, TechRadar, Game Rant, Redmond Pie, Wired, SlashGear, Mashable, IGN, Tom's Guide, Liliputing, Neowin, Gizchina, OnMSFT.com, Pocket-lint, Phandroid, TalkAndroid.com, Android Central, iPhone in Canada Blog, Digital Trends, MobileSyrup, Chrome Unboxed, SamMobile, Android Headlines, Droid Life, BGR, Wccftech, BigTechWire, Phone Scoop, and Notebookcheck.net
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@madebygoogle, @googlepixel_us, @captain2phones, @techcrunch, @gartenberg, @eli___k, @mkbhd, @sondesix, @ow, @mgsiegler, and @stshank
| Annie Palmer / CNBC: |
Shopify sells its logistics unit to supply chain tech company Flexport, after building the operation for years and acquiring Deliverr for $2.1B in May 2022 — - Shopify is selling its logistics unit to supply chain technology company Flexport. — The Canadian e-commerce company …
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LinkedIn:
Ryan Smith, Victor Elmann, and David Marczak
Tweets:
@ccm_ryan, @sub8u, @juokaz, @buccocapital, @modestproposal1, @juokaz, @ryanmcraver, @itsjoekent, @thetranscript_, @tishacm, and @benedictevans
| Ilya Banares / Bloomberg: |
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@delrey, @ow, @mikelltaylor, and @elliotjaystocks
| Tom Warren / The Verge: |
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins — Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
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The Official Microsoft Blog, Ars Technica, Windows Central, Windows Central, The Verge, Fast Company, ExtremeTech, Cryptopolitan, Cointelegraph, CNBC, Bloomberg, Gizchina, Windows Central, PCWorld, Search Engine Roundtable, Search Engine Journal, BGR, Thurrott, OnMSFT.com, T3, Analytics Insight, PCMag, Insider, Reuters, gHacks Technology News, GeekWire, Search Engine Land, Engadget, TechCrunch, VentureBeat, and ZDNet
LinkedIn:
Satya Nadella and Brad Abrams
Tweets:
@mtholfsen, @tomwarren, @nonmayorpete, @tomwarren, @jordirib1, @yusuf_i_mehdi, @tomwarren, @zacbowden, and @satyanadella
| Emma Roth / The Verge: |
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix — Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
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Discord Blog, TechCrunch, Windows Central, Gizmodo, Kotaku, SlashGear, TechSpot, PCWorld, BBC, Eurogamer.net, Candid.Technology, TechRadar, Android Headlines, GameSpot, Mashable, gHacks Technology News, Gamereactor UK, Engadget, and IGN
Tweets:
@cosbunny, @yinsdere, @yuureiriri, @bcarr, @miiulysses, @kuromibatwings, @generaltekno, and @_riinchu_
| Washington Post: |
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch — For years the tech giant published scientific research that helped jump-start its competitors. But now it's lurched into defensive mode.
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SemiAnalysis and Insider
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@adcock_brett, @hughlangley, @oablanchard, @kantrowitz, @jfischoff, @mathemagic1an, and @taliaringer
| David Pierce / The Verge: |
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform” — If you want to be a member of Mozilla.Social, Mozilla's new Mastodon instance, you're not allowed to harass other users.| Bloomberg: |
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena — Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors …
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Thurrott, Reuters, Neowin, WinBuzzer, and CNBC
LinkedIn:
Dina Bass. Tweets:
@tomwarren, @newsynick, @swiftonsecurity, @benbajarin, @dylan522p, and @dinabass
| Kate Morgan / Wall Street Journal: |
Some Gen Z Americans are buying flip phones like the $75 TCL Classic or the $90 Nokia 2780, seeking a break from endless social media and email notifications — Modern models are a bit smarter than those from the early 2000s, but still offer a needed break from endless notifications
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Wccftech, PhoneArena, TechSpot, 9to5Mac, and Appuals.com
| Kyle Wiggers / TechCrunch: |
Hugging Face and ServiceNow Research release StarCoder, a free alternative to code-generating AI systems like GitHub Copilot, as part of their BigCode project — AI startup Hugging Face and ServiceNow Research, ServiceNow's R&D division, have released StarCoder, a free alternative …
More:
InfoWorld, SiliconANGLE, Silicon Republic, Hugging Face, and ServiceNow. Tweets:
@servicenownews
| Bill Peters / MarketWatch: |
Coinbase reports Q1 revenue of $772.5M, down from $1.17B in Q1 2022, vs. $655M est., net loss of $78.9M, trading volume of $145B, vs. $147.7B est.; COIN up 6%+ — 'The crypto industry continues to be volatile, as evidenced most recently by the disruptions in the banking sector and ongoing regulatory uncertainty,' executives say
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CoinDesk, Decrypt, Coinbase, Reuters, and CryptoSlate
| Alf Wilkinson / Financial Times: |
A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% over eight weeks, compared to an average 0.8% loss for 10 popular UK funds — Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com — Latest news on ETFs| Denny Jacob / Wall Street Journal: |
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., a $162M net loss, vs. $167M in Q1 2022, and total orders up 27% YoY to 512M — Food-delivery company's revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged in the latest quarter …
More:
Bloomberg, Fast Company, and DoorDash
| Emily Bary / MarketWatch: |
Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M — Company raises full-year forecast on a profit metric — Block Inc. posted a big beat on an adjusted earnings metric for its most recent quarter as it … | Erin Woo / The Information: |
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI may try to raise as much as $100B in the coming years — OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
Tweets:
@mtrc, @alexjc, @hammer_mt, @ericjackson, and @kantrowitz
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