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February 2, 2024, 10:55 AM
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| Apple: |
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas net sales up 2% to $50.4B, and Europe net 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 …
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Mastodon: @asymco@mastodon.social. Bluesky: @epro.social. X: @thetranscript_, @markgurman, @neilcybart, @jerrycap, @appleinsider, @markgurman, @inafried, @florian4gamers, @lexnfx, @bryanbma, @cfarivar, and @tomwarren
| William Gallagher / AppleInsider: |
Tim Cook says that Apple is spending “a tremendous amount of time and effort” on AI features and the company plans to detail its ongoing work “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.
More: The Verge, PCMag, 9to5Mac, MacRumors, MacRumors, TechCrunch, Business Insider, TechSpot, Cryptopolitan, CNBC, COINTURK NEWS, iMore, The Mirror, Cointelegraph, The Economic Times, Cult of Mac, Mashable, Supercharged, Business Today, Hindustan Times, BreakingNews.ie, SamMobile, MSPoweruser, Wccftech, TipRanks Financial, The Decoder, KnowTechie, Gizchina, The Independent, Benzinga, and Tom's Guide
X: @inafried, @fjeronimo, @stockmktnewz, @dee_bosa, @quinnypig, @stockmktnewz, @munster_gene, @minimaxir, and @paulroetzer. Forums: MacRumors Forums
| Kif Leswing / CNBC: |
More: MacRumors, Six Colors, Six Colors, The Verge, MacRumors, NBC 7 San Diego, Silicon UK, O'Grady's PowerPage, CoinGape, Cult of Mac, iPhone in Canada Blog, AppleInsider, MacRumors, AppleInsider, Cult of Mac, Constellation Research, PhoneArena, The Guardian, Quartz, MacDailyNews, The Apple Post, MacStories, Supercharged, Wall Street Journal, Axios, Invezz, BGR, Financial Times, AppleInsider, 9to5Mac, and MarketWatch
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| Todd Spangler / Variety: |
More: Broadband TV News and Deadline
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X: @deadline, @neilcybart, and @neilcybart
| Meta: |
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 20%+ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2023.
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| Sarah Perez / TechCrunch: |
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| Sarah Perez / TechCrunch: |
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| Jonathan Vanian / CNBC: |
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| Rohan Goswami / CNBC: |
Meta says it will pay a 50 cent dividend for the first time, and has authorized a $50B share buyback
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| James Fanelli / Wall Street Journal: |
Sources: in January, the US DOJ charged three people with a phone-hacking scheme that included the hack of FTX to steal $400M+ at the time of its 2022 collapse — The hack coincided with the crypto exchange's meltdown more than a year ago — Federal investigators appear to have cracked … | 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 …
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| 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 suspected ‘nation state attacker’ who accessed …
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Forums: Hacker News, r/cybersecurity, r/cybersecurity, and Lobsters
| Todd Spangler / Variety: |
Filing: Amazon spending on content rose 14% YoY to $18.9B in 2023 despite Hollywood strikes — While other media companies have been paring back content spending, Amazon shelled out more than $2 billion more in 2023 for TV shows, movies and music than it did a year earlier.| Akash Sriram / Reuters: |
More: DatacenterDynamics, GeekWire, TechRadar, CNBC, MSPoweruser, ComputerWeekly.com, RTÉ, and CRN
| 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 … | 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.| Anna Nicolaou / Financial Times: |
Sources: some independent record labels are pushing back on Apple's plans to pay more for spatial audio tracks, saying it benefits larger record companies — Groups behind Adele and Phoebe Bridgers among those against songs recorded in higher-quality audio receiving more money| 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
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X: @dreadybear, @dreadybear, @mojo_flyin, @bryanrbeal, and @prodigalthe3rd
Forums: r/Ohio, r/technology, and Slashdot
| Reuters: |
Byju's US unit Alpha files for Chapter 11 bankruptcy in Delaware, listing liabilities between $1B and $10B and assets between $500M and $1B — A U.S. unit of Indian education technology startup Byju's has filed for Chapter 11 bankruptcy proceedings in the U.S. court of Delaware …
More: Hindustan Times, Livemint, Tech in Asia, BW Disrupt, Bloomberg, and Outlook Publishing India …
| Manish Singh / TechCrunch: |
| 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 …
More: Federal Trade Commission, The Record, TechCrunch, SecurityWeek, and InfoRiskToday.com
Mastodon: @mttaggart@infosec.town. X: @ftc, @anaelisafoto, @suzannemsmalley, @ftc, @skye_witley, and @swiftstories
| 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 …
More: About Amazon, GeekWire, ZDNet, TechRadar, Dataconomy, Mashable, E-Commerce Times, Tom's Guide, Tech Monitor, Business Insider, Gizchina, Spyglass, Analytics India Magazine, MSPoweruser, and Metaverse Post
Bluesky: @quinnypig.bsky.social and @self.agency
X: @mattmday, @quinnypig, @quinnypig, @ajassy, @yonashav, and @swiftonsecurity
LinkedIn: Jackie Goldberg and Trishul Chilimbi
| Hayden Field / CNBC: |
OpenSecrets: 450 orgs, including OpenAI and Tesla, reported participating in AI-related lobbying in 2023, up 185% YoY, spending $957M+ on AI and other issues — - AI-related lobbying reached new heights in 2023, with more than 450 organizations participating in the practice …
X: @haydenfield
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