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July 25, 2023, 5:55 PM
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Alphabet - Investor Relations:
Alphabet reports Q2 revenue of $74.6B, up 7% YoY, net income of $18.37B, up from $16B YoY, Google Cloud revenue of $8.03B, up from $6.28B YoY; GOOG is up 6%+  —  Announces Plans for Chief Financial Officer Transition and Appointment of President and Chief Investment Officer MOUNTAIN VIEW …
Casey Newton / Platformer:
Elon Musk's rebranding of Twitter to X shows his takeover is best understood not as a money-making endeavor, but as an extended act of cultural vandalism  —  RIP Twitter (2007-2023)  —  On Monday afternoon, a crane rolled up to Twitter's headquarters on Market Street.
Vlad Savov / Bloomberg:
Elon Musk says Twitter “made sense when it was just 140 character messages” and the move “is not simply a company renaming itself, but doing the same thing”  —  - Billionaire to build fintech services atop social platform  — Discarding the Twitter name reflects loftier goals, he says
Ivan Mehta / TechCrunch:
Twitter rolls out its updated “interim” X logo, replacing the iconic bird, following Elon Musk's weekend announcement; X.com now redirects to twitter.com
More: Insider, New York Times, The Messenger, Nieman Lab, Ars Technica, The Verge, The Verge, PYMNTS.com, CoinDesk, MobileSyrup, NBC News, gHacks Technology News, Gizmodo, Agence France-Presse, Macworld, Why Evolution Is True, Metro.co.uk, Newser, PetaPixel, The Verge, Insider, The Apple Post, Forbes, The Hill, 24/7 Wall St., BBC, Manton Reece, Wall Street Journal, Silicon Republic, The Messenger, Washington Post, Insider, 9to5Mac, Bitcoinist.com, Android Headlines, TechPowerUp, MySmartPrice, and The Verge
LinkedIn: Timø Ronan, Alex Kantrowitz, Leela Srinivasan, Leela Srinivasan, Jasmine Enberg, and Caroline Giegerich
Bluesky: @mmasnick.bsky.social, @rrrubenstein.bsky.social, @colinpeters.bsky.social, and @zitron.bsky.social
Mastodon: @mimsical@mastodon.social, @Renee@mastodon.social, @lauren@mastodon …, @lauren@mastodon …, @jsit@social.coop, @malwaretech@infosec.exchange, @SirTapTap@mastodon.social, and @TNLNYC@mastodon.social
Twitter: @elonmusk, @lindayacc, @lindayacc, @elonmusk, @elonmusk, @elonmusk, @martingrasser, @lindayacc, @elonmusk, @elonmusk, @waynesutton, @lindayacc, @mcjesse, @rmac18, @eliothiggins, @requiemarm, @kantrowitz, @esthercrawford, @levie, @tedlieu, @arictoler, @erratarob, @alex193a, @gaetaamy, @paulg, @mkbhd, @rmac18, @rmac18, @rmac18, @profgalloway, @parismarx, @rachelmetz, @sawyermerritt, @jayrosen_nyu, @peterjukes, @hbomberguy, @sesamestreet, @matttomic, @eyepatchwolf, @0xdesigner, @maxdubler, @azealia_tiktok, @hardmaru, @lunch_enjoyer, @0xgaut, @moorehn, @kenklippenstein, @normative, @parismarx, @lindayacc, @netik, @joshshepperd, @jtriest, @zeddary, @mabintou, @tomhfh, @samleecole, @ch1w33th3d0g, @tomwarren, @gaysexforreal, @drmistercody, @wagatwe, @davegerhardt, @chafkin, @noahshachtman, @brushalt, @rajatsuri, @paulg, @0xfoobar, @ccanonne_, @jack, @fontendou, @leederca, @mikedrucker, @kate_rouch, @keewa, @pankendev, @parkermolloy, @kurtruslfanclub, @rothschildmd, @nixcraft, @thegarrettscott, @b_hvrd, @stealthygeek, @stateofronance, @ruskin147, @jessicacadams, @tomwarren, @nmsonline, @webdesignmuseum, @nadineaucamp, @mrbiffo, @keffals, @riptari, @karlremarks, @nikitabier, @austen, @beeple, @savvyauntie, @channel4, @mrdavemacleod, @teslaownerssv, @halomancer1, @davidmackau, @amandamgoetz, @birdyword, @byyourlogic, @selsaystuff, @mike27356894, @turtlekiosk, @harrymccracken, @elonmusk, @levie, @jonrussell, @elonmusk, @zoeschiffer, @timsweeneyepic, @tomcoates, @mgsiegler, @tedlieu, @paulg, @jdcmedlock, @katie_roof, @emilcdc, @bendreyfuss, @yosephpaulos, @jamestobyne, @edzitron, @josephpolitano, @benedictevans, @gabor, @cameronwilson, @jangles, @rmac18, @sherman4949, @xxdepthxx, @largeroundson, @rmac18, @prateekwaghre, @levie, @alexeheath, @karaswisher, @benparr, @eliothiggins, @mshannahmurphy, @evacide, @zoeschiffer, @lcamtuf, @karaswisher, @alexdobie, @austen, @austen, @loupas, @jujuujba, @nycsouthpaw, @gruber, @killedbygoogle, @allergictoguac, @benedictevans, @danprimack, @packym, @levie, @parismarx, @itsmichelebro, @rmac18, @katzish, @stuli1989, @whstancil, @joshconstine, @edzitron, @ctjlewis, @pt, and @ditzkoff
Threads: @taylorlorenz, @keithedwards, @shellen, @crumbler, @renee.diresta, @hankgreen, @crumbler, @sarahprz, @carnage4life, and @reporterzoe
Forums: Hacker News and r/popculturechat
Microsoft - Investor Relations:
Microsoft reports Q4 net income up 20% YoY to $20.1B, revenue up 8% YoY to $56.2B, Office Commercial up 12% YoY, Dynamics 365 up 26% YoY, and LinkedIn up 5% YoY  —  REDMOND, Wash. — July 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2023 …
Jason Nelson / Decrypt:
OpenAI shuts down its AI classifier for indicating AI-written text, citing “its low rate of accuracy”, and will research “more effective provenance techniques”  —  In January, artificial intelligence powerhouse OpenAI announced a tool that could save the world …
Elissa Miolene / Mercury News:
At schools across California, some Chromebook models are about to age out of software updates; 13 models hit their death date this summer and 51 will in 2024  —  At a lofty warehouse in East Oakland, a dozen students have spent their summer days tinkering with laptops.
Foo Yun Chee / Reuters:
Apple faces a £785M class action lawsuit, claiming to represent over 1,500 app developers, over its App Store fees at the UK's Competition Appeal Tribunal  —  Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought …
Ashley Carman / Bloomberg:
Spotify Q2: revenue up 11% YoY to €3.2B, Premium subs up 17% YoY to 220M, MAUs up 27% YoY to 551M; Q3 sales forecast below analyst est.; SPOT closes down 14.26%  —  Spotify Technology SA fell as much as 13% in New York trading after the audio streaming giant reported sales that came …
David Pierce / The Verge:
The Browser Company launches Arc on macOS and iOS after a two-year waitlist; the browser helps users take notes, redesign webpages, organize tabs, and more  —  Arc, the Mac and iOS browser from The Browser Company, is finally ditching its waitlist.  The company has been testing the app …
TechCrunch:
Threads adds an option for a chronological feed of posts from people the user follows  —  Meta's text-based social network Threads is rolling out one of the most requested features after its launch — a following feed.  The company is also rolling out the ability to see posts you've liked in your settings.
Paul Alcorn / Tom's Hardware:
A Google researcher finds a vulnerability in AMD's Zen 2 chips, giving access to secure information like encryption keys; AMD expects most patches to come in Q4  —  A huge Zen 2 leak requires a patch. … Tavis Ormandy, a researcher with Google Information Security, posted today …
CNBC:
Snap Q2: revenue down 4% YoY to $1.07B, vs. $1.05B est., global DAUs up 14% YoY to 397M, vs. 395M est., and Q3 revenue forecast below est.; SNAP down 16%+  —  Snap reported second-quarter results that topped analysts' estimates but provided a weaker-than-expected forecast for the current period.
Richard Lawler / The Verge:
OpenAI releases ChatGPT for Android in the US, Bangladesh, and Brazil, and plans to launch in more countries next week  —  According to a company tweet, it's available first in the US, India, Bangladesh, and Brazil, with other countries set to follow later, mimicking the staged rollout we saw for the iOS version.

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From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Ted Johnson / Deadline:
WSJ asks a judge to toss out Trump's revised defamation lawsuit over its Jeffrey Epstein letter story, saying it is a “re-package” of claims already dismissed

More News

Reuters:
Driven by AI demand, TSMC plans to spend nearly $2.9B to build an advanced packaging facility in northern Taiwan and says current capacity is “very tight”
Todd Spangler / Variety:
Netflix rolls out a My Netflix tab on iOS, superseding the Downloads tab to offer downloads, watch lists, reminders, and more; Android gets My Netflix in August
Juli Clover / MacRumors:
Apple opens applications for Apple Vision Pro developer kits, offering developers a “loaner” to build apps alongside specialized hardware and software support

Earlier Picks

Andrew Hudson / Ars Technica:
An in-depth look at mainframe computers, their 50+ year history, and the IBM mainframe, a business mainstay that represents most of the estimated 10,000 in use
Bloomberg:
Filing: Binance, CZ, and its former Chief Compliance Officer Samuel Lim plan to file for the dismissal of a CFTC lawsuit; the CFTC sued the three in March 2023
Aisha Malik / TechCrunch:
TikTok rolls out support for text posts, available via the app's Camera page and letting users add sounds, locations, stickers, and more
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