Techmeme
February 2, 2024, 7:30 AM

Top News

Apple:
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B  —  Services revenue reaches new all-time record EPS up 16 percent to new all-time high  —  Apple® today announced financial results for its fiscal 2024 first quarter ended December 30, 2023.
William Gallagher / AppleInsider:
Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features that the company plans to announce “later this year”  —  Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features that will be announced in the coming months.
Kif Leswing / CNBC:
Mark Gurman / Bloomberg:
PR Newswire:
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023; META up 15%+  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2023.
Sarah Perez / TechCrunch:
In Meta's earnings call, Zuckerberg says Apple's changes to comply with EU's DMA are “so onerous” that he doubts any developer, including Meta, would adopt them  —  Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple's compliance with the EU's new Digital Markets Act …
Sarah Perez / TechCrunch:
Jonathan Vanian / CNBC:
Rohan Goswami / CNBC:
Sergiu Gatlan / BleepingComputer:
Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta's breach from October 2023  —  Cloudflare disclosed today that its internal Atlassian server was breached by a ‘nation state’ attacker who accessed its Confluence wiki …
Barry Schwartz / Search Engine Land:
Google dropped the cache link from Search results snippets last week and plans to remove the cache functionality entirely “in the near future”  —  Google officially removed the cache link from the Google Search results snippets last week and Google confirmed that it will remove …
Amazon:
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2023.  Fourth Quarter 2023
Akash Sriram / Reuters:
Rebecca Falconer / Axios:
Former CIA employee Joshua Schulte, who was convicted for leaking secrets to WikiLeaks, was sentenced to 40 years in prison on February 1 for espionage and more  —  A former CIA software engineer who was convicted of carrying out the largest data breach in the agency's history was sentenced …
Sarah Perez / TechCrunch:
Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers  —  Amazon announced today the launch of an AI-powered shopping assistant it's calling Rufus that's been trained on the e-commerce giant's product catalog …
Andy Greenberg / Wired:
How the EFF, Techdirt, MuckRock, and DDoSecrets are pushing back against legal threats aiming to censor reports on Appin's alleged hacker-for-hire past  —  A loose coalition of anti-censorship voices is working to highlight the legal threats aimed at making reports of one Indian company's hacker-for-hire past disappear.
Sergiu Gatlan / BleepingComputer:
The FTC settles with Blackbaud, ordering the cloud software company to delete consumers' data and boost security after a May 2020 data breach affected millions  —  Blackbaud has settled with the Federal Trade Commission after being charged with poor security and reckless data retention practices …
Asa Fitch / Wall Street Journal:
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026  —  Construction on two factories now slated to be finished in late 2026 as company also waits for government incentives

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
Optimizing Business Finances: Leveraging the Synergy of QuickBooks and Zoho Expense  —  Expenses incurred by employees are an essential part of accounting and must be captured and recorded accurately.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Kevin Rose Show:
Gavin Purcell & Kevin Pereira, The Future of AI (#55)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Fri. 05/03 - Apple Earnings Underline Their Predicament
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:30 AM ET, February 2, 2024.

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.

More News

David Pierce / The Verge:

Earlier Picks

Scott Stein / CNET:
James Hunt / The Block:
Andrew J. Hawkins / The Verge:
Richard Nieva / Forbes:
Sean Hollister / The Verge:
Sergiu Gatlan / BleepingComputer:
Kyle Wiggers / TechCrunch:
Joe Rossignol / MacRumors: