Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
August 4, 2023, 9:25 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Apple:
Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B  —  Services revenue reaches new all-time high Installed base of active devices sets all-time record
Stephen Nellis / Reuters:
Apple Q3: revenue grew 7.9% YoY to $15.8B in China, with iPhone up “double digits” and a quarterly Services record, but fell 5.6% YoY to $35.4B in the Americas  —  Apple (AAPL.O) on Thursday reported sales and profit that beat Wall Street expectations despite a decline in iPhone sales …
Aaron Tilley / Wall Street Journal:
Apple Q3 revenue: iPhone down 2.4% YoY to $39.7B, Mac down 7.3% YoY to $6.8B, iPad down 19.8% to $5.8B, and Wearables, Home, and Accessories up 2.5% to $8.3B
Todd Spangler / Variety:
Apple reports Q3 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 8.2% YoY to a record $21.2B, driven by 1B+ paid subscriptions
Amazon:
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023.
Martin Coulter / Reuters:
To comply with EU DSA, TikTok will let users users turn off personalized recommendations for videos, remove targeted ads for those aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations.
Yogita Khatri / The Block:
Revolut plans to start shutting down its US cryptocurrency service from September 2, citing regulatory uncertainty, impacting <1% of its crypto users globally  —  - Revolut is closing its cryptocurrency platform in the U.S., citing regulatory uncertainty.
Kris Holt / Engadget:
Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search  —  The company will soon blur explicit imagery in results by default too.  —  Google has announced several updates to Search aimed …
Bobby Allyn / NPR:
Background actors describe their worries over lack of control of their digital likenesses, which is one key issue in the SAG-AFTRA strike  —  After four weeks of working as a background actor on the Disney+ series WandaVision during the pandemic, Alexandria Rubalcaba was told by the production crew to report to a tractor trailer.
Bloomberg:
Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M  —  - Trading revenue was less than that from other sources  — Interest income down after USDC stablecoin circulation fell
Sankalp Phartiyal / Bloomberg:
Apple, Samsung, and others freeze imports of laptops and tablets to India; sources say India's sudden import license rules caught the industry by surprise  —  - India surprised industry with new import license requirement  — Modi government seeks to promote domestic manufacturing
Brian Fung / CNN:
Sensor Tower: Threads' DAUs fell to 8M on July 31, down 82% from launch; the daily average time spent fell from 19 minutes per day at launch to 2.9 on August 1  —  Threads, Meta's Twitter rival, is struggling to retain users roughly a month after its highly publicized launch …
Jess Weatherbed / The Verge:
Brave Search updates its image and video search to use Brave's own index rather than Bing's or Google's; some advanced search capabilities are still absent  —  Brave, best known for its privacy-focused web browser, is adding image and video search to Brave Search that now relies …
CNBC:
Ilya Lichtenstein, who earlier pleaded guilty to laundering billions in cryptocurrency from the 2016 Bitfinex hack, admits to being the original Bitfinex hacker  —  - A New York man admitted being the original hacker of bitcoin in the 2016 hack on Bitfinex he pleaded guilty in federal court …
Vlad Savov / Bloomberg:
Qualcomm, NXP, Bosch, and Infineon form a new company in Germany to promote the open-source RISC-V chip architecture, initially targeting the auto industry  —  - Venture will be focused on developing RISC-V technology  — Unnamed business will initially focus on applications for cars
More: TechPowerUp
Nupur Anand / Reuters:
Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M; SQ drops 5%+  —  Block Inc (SQ.N) reported a rise in second-quarter revenue on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop.

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
How Zoho Workplace makes your Zoho CRM lighter  —  If you use Zoho CRM daily, you already know it's powerful.  It handles pipeline management, forecasting, automation, reporting, and everything that makes …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 Senator Mark Warner: Nobody's Ready for What AI Could Do To Us
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Uncapped with Jack Altman:
 Ron Conway from SV Angel
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Channels with Peter Kafka:
 Why Prediction Markets Are Turning Everything Into a Bet
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Cheeky Pint:
 The 20-year journey to fully autonomous cars with Dmitri Dolgov of Waymo
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Invest Like the Best:
 Mitchell Green - Lessons from Cold Calling 10,000 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
 Everybody Goes Home: How technology is helping prevent wildfires from spreading
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:25 AM ET, August 4, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Local News Initiative:
A podcast transcript with Steve Grove, the Minnesota Star Tribune CEO and publisher and an ex-Google executive, and Tim Franklin, on retaining readers and more

Noor Ibrahim / Marie Claire:
Q&A with Wendy McMahon, who resigned last year as CEO and president of CBS News and Stations, on CBS under Bari Weiss, the pace of change for news, and more

Jon Creamer / Televisual:
Sony Pictures plans to close VFX and virtual production company Pixomondo and integrate some of its resources into other areas; Sony purchased Pixomondo in 2022

More News

Earlier Picks

Krystal Hu / Reuters:
CoreWeave, which offers Nvidia GPUs in the cloud, raised $2.3B in debt, collateralized by Nvidia chips; CoreWeave has raised $421M in equity so far in 2023
Mia Sato / The Verge:
Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some banks flagged subscriber payments as fraudulent
Andrew Tarantola / Engadget:
IBM, HuggingFace, and NASA release an open-source geospatial foundation model to support new climate and Earth science AIs that can track deforestation and more
Arjun Kharpal / CNBC:
Nintendo Q1: revenue up 50% YoY to ~$3.2B and net profit up 52% YoY to ~$1.3B, driven by The Super Mario Bros. Movie, the new Zelda, and Switch sales up 13.9%
Kyle Wiggers / TechCrunch:
Kickstarter plans to require that creators disclose if their projects use AI tools or any training data if they intend to develop AI tech, starting on August 29
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter