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October 25, 2023, 8:00 AM
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| Alphabet: |
Alphabet reports Q3 revenue up 11% YoY to $77B, net income up 42% YoY to $19.7B, and Google ad revenue up 9% YoY to $59.65B; GOOG drops ~6% on cloud sales miss — MOUNTAIN VIEW, Calif. - October 24, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2023.
More: The Verge, NS Business, Music Ally, The Register, Hindustan Times, PhoneArena, SiliconANGLE, PYMNTS.com, Cord Cutters News, Invezz, Shacknews, Android Central, Thurrott, Search Engine Land, Neowin, and International Business Times
Threads: @carnage4life. X: @thetranscript_, @lexnfx, @jessecoheninv, @thestalwart, @economyapp, and @rihardjarc. Forums: Hacker News
| Akash Sriram / Reuters: |
| Todd Spangler / Variety: |
| Lauren Feiner / CNBC: |
A bipartisan group of 42 attorneys general sue Meta in the US, alleging that Facebook and Instagram features are addictive and aimed at kids and teens — - A bipartisan group of 42 attorneys general is suing Meta, alleging features on Facebook and Instagram are addictive and are aimed at kids and teens.
More: Washington Post, Ars Technica, New York Times, Reuters, Wall Street Journal, Associated Press, State of California, NPR, SiliconANGLE, NY State Attorney General, Financial Times, Mass.gov, NBC 7 San Diego, CNN, Proactiveinvestors NA, Platformer, Washington State, WEAU-TV, Punch Newspapers, MyNorthwest.com, ABC News, masslive.com, Newsbusters, The Independent, The Hill, iPhone in Canada Blog, Social Media Today, Taking Action Items, NBC News, Fortune, CBS News, The Wrap, Chicago, IL Patch, Deadline, People, The Information, The Messenger, MarketWatch, Washington Examiner, Yahoo News, and Bloomberg
Threads: @randiweingarten, @datadrivenmd, @datadrivenmd, @datadrivenmd, @datadrivenmd, @datadrivenmd, @datadrivenmd, @taylorlorenz, @datadrivenmd, @thatadamguy, and @willoremus
X: @zachpraiss, @jason_kint, @agwilliamtong, @westvirginiaag, @viacristiano, @govcox, @lynnfitchag, @agandrewbailey, @agrobbonta, @nh_doj, @jolingkent, @agrobbonta, @bobfergusonag, @swiftstories, @agtennessee, @senblumenthal, @agowa, @agashleymoody, @ohioag, @ncago, @jason_kint, @franceshaugen, @jason_kint, @newyorkstateag, @agellison, @newyorkstateag, @agellison, and @dcattorneygen
LinkedIn: Jamie Renner, Shalyn Kettering, Brian E. McMath, Greg Wathen, APR, Munish Randev, Jack Winston, Brian E. McMath, and Michael Stricker
Forums: Hacker News, r/technology, r/politics, and Ars OpenForum
| Kirsten Korosec / TechCrunch: |
California's DMV suspends Cruise's deployment and driverless testing permits, ending the GM self-driving car subsidiary's robotaxi operations in San Francisco — The California Department of Motor Vehicles said Tuesday it has immediately suspended Cruise's deployment and driverless testing permits …
More: Washington Post, California DMV, The Verge, Cruise Self Driving Cars, The Hill, BBC, Reuters, Silicon Republic, Forbes, CNBC, NBC News, Digital Trends, Newser, The Robot Report, The Last Driver License Holder, The Information, NPR, Tech Xplore, BGR, Gizmodo, Engadget, and Bloomberg
Mastodon: @SafeStreetRebel@sfba.social, @transbay@sfba.social, @danlyke@researchbuzz …, @dangoodin@infosec.exchange, @calicoding@mastodon.social, and @davidzipper@mastodon.social. Bluesky: @epro.social
X: @cruise, @martinvars, @10x_er, @jkoenin, @tomaxwell, @wholemarsblog, and @bgurley
LinkedIn: john lindland, Rob Capaldi, Selika Josiah Talbott, and Maisie Byrom
| Microsoft: |
Microsoft reports Q1 revenue up 13% YoY to $56.5B, net income up 27% YoY to $22.3B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 8% YoY — REDMOND, Wash. — October 24, 2023 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2023 … | Jordan Novet / CNBC: |
| Chris Welch / The Verge: |
Qualcomm unveils the S7 and S7 Pro chips with increased memory, AI capabilities, and more, designed for earbuds, headphones, and speakers to be released in 2024 — Any flagship pair of headphones or earbuds you buy nowadays is going to be very, very good. Noise cancellation has grown …
More: Qualcomm, Engadget, TechRadar, Digital Trends, Mashable, GSMArena.com, and Forbes
| Kris Holt / Engadget: |
| Kif Leswing / CNBC: |
At a White House event, Apple says the company supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers — - Apple supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers.
More: Reuters, PCMag, Washington Post, The White House on YouTube, PhoneArena, Proactiveinvestors NA, Gizmodo, Engadget, Cult of Mac, Analytics India Magazine, Cord Cutters News, PYMNTS.com, Forbes, The Hill, The Verge, Neowin, TechCrunch, and USA Today
X: @whcommsdir, @econliberties, @nproctor, and @jennengstrom
| Andrew Throuvalas / Decrypt: |
BlockFi says the lending platform has emerged from bankruptcy and begun the process of repaying its creditors according to the terms of its bankruptcy plan — Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24.| Mark Gurman / Bloomberg: |
Sources: Apple plans to update tvOS with a redesigned TV app around December and discontinue some of its Apple TV apps to steer more users toward the TV app — - Company envisions one place for customers to find video — Dedicated apps for buying movies and shows will be phased out
More: MacRumors, TechRadar, Intego, Benzinga, What Hi-Fi?, iMore, Mashable, MySmartPrice, SamNews 24, The Verge, and iClarified
X: @markgurman, @davidkudell, and @markgurman
Forums: r/apple, Slashdot, and MacRumors Forums
| South China Morning Post: |
Sources: Hong Kong crypto exchange HKVAEX, founded in December 2022, shares technical and other resources with Binance; HKVAEX intends to apply for a license — - HKVAEX, founded last December, shares technical and other resources with Binance, which has routinely participated in public events with the exchange this year
More: Blockworks, Crypto Daily, The Block, CCN.com, CryptoSlate, crypto.news, Cryptopolitan, and Cryptonews
| Bloomberg: |
China says its Foxconn probe is “normal law enforcement” activity and urges Taiwanese firms to “play a more active role” in promoting peaceful cross-strait ties — - Beijing makes its first comment on inquiry into Apple partner — China denies it is intervening in Taiwan's presidential race
More: 9to5Mac, Wall Street Journal, Insider, Reuters, South China Morning Post, Reuters, and The Tech Report
| Steven Church / Bloomberg: |
Bankruptcy hearing: FTX is considering proposals from three bidders to restart trading, without disclosing the names, and will make a decision by mid-December — - Bankrupt firm expected to decide fate of exchange in December — Before it failed, FTX ran one of the biggest trading platforms| Dr. Ian Cutress / More Than Moore: |
RISC-V chip designer SiFive, which has raised over $365M, lays off about 20% of its employees, or 120-130 people, across all business groups and levels — A quick one for you. I have received reports, now from multiple sources, that the major torch bearer of the RISC-V platform …
More: Tom's Hardware, eeNews Europe, TechPowerUp, Channel NewsAsia, TechTechPotato on YouTube, and The Information
Forums: Hacker News, Blind, and r/RISCV
| Juli Clover / MacRumors: |
Apple schedules a “Scary Fast” event for October 30 at 5PM PT; in the event teaser, an Apple logo morphs into the macOS Finder icon, suggesting a Mac focus — Apple today announced its second fall event of 2023, with the online event set to be held on Monday, October 30 at 5:00 p.m. Pacific Time.
More: Apple on YouTube, Bloomberg, 9to5Mac, 9to5Mac, MacRumors, Livemint, AppleInsider, CNBC, Tom's Guide, iMore, The Economic Times, Apple Must, The National, T3, Ghacks, Digital Trends, Appleosophy, Business Times, MySmartPrice, Hindustan Times, FE Tech Bytes, iDownloadBlog.com, Benzinga, TweakTown, NewsBytes, Brian Tong on YouTube, nextpit, AppleInsider, PCMag, CNN, How-To Geek, OS X Daily, iMore, and BGR
Threads: @parkerortolani, @danseifert, and @stephenrobles
Mastodon: @paul@tapbots.social and @viticci@mastodon …
X: @mingchikuo, @waxeditorial, @markgurman, @markgurman, @benbajarin, @benbajarin, @markgurman, @gruber, @sdw, @markgurman, @markgurman, @patrickmoorhead, @rsgnl, @markgurman, @sdw, @mkbhd, @zollotech, @benbajarin, @brandonbutch, @joannastern, @vadimyuryev, @rsgnl, and @lukemiani. LinkedIn: Kif Leswing
Forums: Hacker News, r/macbookpro, r/apple, and MacRumors Forums
| Natasha Lomas / TechCrunch: |
Experts say an EU plan requiring messaging services to scan for CSAM is the wrong response to a multifaceted problem and a direct threat to democratic values — A controversial child sexual abuse material (CSAM)-scanning proposal that's under discussion by lawmakers in Europe …
More: European Data Protection …. Mastodon: @carnage4life@mas.to. X: @biancamarcu2, @biancamarcu2, @doteurope, @eu_edps, and @birgitsippelmep. Forums: Hacker News
| Dan Milmo / The Guardian: |
The Internet Watch Foundation warns that generative AI is being used to create child sexual abuse imagery, and finds ~3K AI-made abuse images breaking UK law — Internet Watch Foundation finds 3,000 AI-made abuse images breaking UK law — The “worst nightmares” about artificial intelligence … | Nilay Patel / The Verge: |
Q&A with Harvard professor and Creative Commons co-founder Lawrence Lessig on AI's impact on social media and free speech, copyright issues, TikTok, and more — After 30 years teaching law, the internet policy legend is as worried as you'd think about AI and TikTok … | Financial Times: |
Kokusai Electric jumps as much as 32% in its Tokyo IPO, valuing the chip equipment maker at $3.6B, after raising ~$721M; KKR reduced its stake from 73% to 48% — Chip equipment maker's debut comes as country rides wave of interest from foreign investors — Shares in Kokusai Electric jumped …
More: Wall Street Journal, CNBC, Agence France-Presse, The Japan Times, and Bloomberg
| Joe Rossignol / MacRumors: |
Apple Pay Later launches for all eligible users in the US, following its invite-only early access prerelease version for “randomly selected users” in March 2023 — Apple Pay Later appears to have officially launched for all qualifying U.S. residents today, as it is now widely available in the Wallet app on the iPhone.
More: AppleInsider, TechRadar, Tom's Guide, 9to5Mac, PhoneArena, Cult of Mac, Appleosophy, SlashGear, iDownloadBlog.com, BGR, and The Verge
Forums: r/apple and MacRumors Forums
| Deeba Ahmed / Hackread: |
Salt Security researchers detail how now-patched critical API flaws in the social and the OAuth login implementations affected Vidio, Grammarly, and Bukalapak — The critical API security flaws in the social sign-in and OAuth (Open Authentication) implementations affected high-profile companies like Vidio, Grammarly, and Bukalapak.| Supantha Mukherjee / Reuters: |
In its first transparency EU DSA report, Amazon discloses 181M users in the EU, directly employs 150K+ people, and more; Germany has 60M MAUs and France has 35M — Amazon (AMZN.O) has more than 181 million users in the European Union and directly employs more than 150,000 people in the region … | Reuters: |
Source: Indian tax authorities serve notices to online gaming companies demanding ~$12.03B in allegedly evaded taxes, after imposing a 28% gaming tax in August — Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) …
More: Tech in Asia
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