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May 3, 2024, 5:50 AM
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| Apple: |
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5% after hours — Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
More: Finbold, TechCrunch, Six Colors, iThinkDifferent, Bloomberg, Benzinga, Proactiveinvestors UK, SiliconANGLE, Business Times, TipRanks Financial, MobileSyrup, The Apple Post, Constellation Research, Invezz, The Irish Times, Macworld, MacStories, Yahoo Finance, Investor's Business Daily, Patently Apple, BGR, Investing.com, NewsBytes, and Daring Fireball
Threads: @carnage4life, @neil.cybart, and @chancehmiller
X: @tomwarren, @donmiami3, @jsnell, @garrytan, @munster_gene, @metacriticcap, @scobleizer, @mgsiegler, @jerrycap, @donmiami3, and @munster_gene. LinkedIn: Emil Protalinski
Forums: r/economy, r/stocks, r/dividends, r/wallstreetbets, and r/apple
| Kif Leswing / CNBC: |
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B — Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
More: 9to5Mac, Yahoo Finance, MacRumors, iMore, Tech in Asia, AppleInsider, Reuters, Bloomberg, Hindustan Times, Benzinga, Associated Press, Financial Times, News18, Tom's Guide, Fast Company, The Economic Times, 9to5Mac, The Register, YourStory, The Guardian, Forbes, Business Insider, BusinessLIVE, The Apple Post, Irish Examiner, Six Colors, FX Empire, New York Times, iPhone in Canada Blog, The Information, Axios, Neowin, The Verge, Cult of Mac, Reuters, AppleInsider, MacRumors, Wall Street Journal, Financial Times, 9to5Mac, BNN Bloomberg, Daring Fireball, Business Post, Fox Business, and MacDailyNews
X: @neilcybart, @neilcybart, @neilcybart, @munster_gene, @neilcybart, @markgurman, @neilcybart, @lanceulanoff, @munster_gene, @neilcybart, and @htsfhickey. LinkedIn: Roderick Mann. Forums: r/wallstreetbets
| Wesley Hilliard / AppleInsider: |
More: Silicon Republic, MIXED Reality News, Wccftech, UploadVR, Benzinga, MacRumors, and UploadVR
Threads: @heaney_555. Bluesky: @realphilgold.bsky.social. X: @whopio, @fjeronimo, @markgurman, @neilcybart, @thetranscript_, @munster_gene, @uploadvr, @neilcybart, @fjeronimo, @xpangler, @supbagholder, @t3mporarybl1p, @sadlyitsbradley, @alex4d, @jimcramer, @paterfamilias, and @heaney555
| Nikkei Asia: |
More: Fortune, Pandaily, and TechCrunch
Mastodon: @asymco@mastodon.social. X: @neilcybart, @neilcybart, @lexnfx, @fjeronimo, @neilcybart, and @jimcramer
Forums: r/technology and r/apple
| Todd Spangler / Variety: |
| Sudz Niel Kar / MyHealthyApple: |
Apple Watch's AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA's MDDT program — The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).| Natasha Lomas / TechCrunch: |
Apple adds carveouts to its EU core tech fee, exempting free app developers and giving those with annual global revenue under €10M a three-year “free on-ramp” — Apple is tweaking how it applies a new fee that can apply to iOS developers in the European Union as it continues …
More: Apple Developer, MacRumors, Ars Technica, The Statesman, The Verge, GSMArena.com, Forbes, Cult of Mac, Android Headlines, mjtsai.com, Thurrott, Computerworld, iPhone in Canada Blog, Six Colors, AppleInsider, MacStories, The Irish Times, iMore, Silicon Republic, The Indian Express, and Pixel Envy
Threads: @eric_seufert. Mastodon: @stroughtonsmith …, @paul@tapbots.social, @stroughtonsmith …, @elkmovie@mastodon.social, and @rileytestut@mastodon.social
Forums: r/Delta_Emulator and Slashdot
| MacKenzie Sigalos / CNBC: |
Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%; SQ jumps 7%+ after hours — Block Inc logo is seen displayed in this illustration taken, April 10, 2023. — Block reported first-quarter earnings after the bell that exceeded analysts' estimates.
More: Block, Unchained, crypto.news, Cryptonews, Investor's Business Daily, PYMNTS.com, Cointelegraph, and Benzinga
| Paige Smith / Bloomberg: |
| Lindsay Clark / The Register: |
A committee of UK legislators says the government's reticence to address alleged copyright theft is a “de facto endorsement” of the way tech firms build LLMs — A committee of UK legislators has slammed the government for its response to alleged copyright theft as a … | Michael Kan / PCMag: |
Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison — Some of the networking equipment sold by 40-year-old Onur Aksoy 'ended up in US hospitals, schools, and highly sensitive military …
More: US Department of Justice, CRN, Cybernews.com, BleepingComputer, and The Register
| Aria Alamalhodaei / TechCrunch: |
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time — Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
More: Hubble Network. Mastodon: @mathowie@xoxo.zone. X: @dangrover, @lacostejonathan, @bdsams, @lacostejonathan, @hubble_network, @aaron_epstein, @lacostejonathan, and @lacostejonathan. LinkedIn: David Paauwe. Forums: Slashdot
| Bloomberg: |
Microsoft adds deputy chief information security officers within its product groups after a spate of cyberattacks, but declines to identify the new officials — Ann Johnson named deputy security officer to oversee outreach and communication about company's security
More: Benzinga
| Meir Orbach / CTech: |
Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process — The companies recently signed a Letter of Intent with the aim of completing a deal for around $150-200 million.
LinkedIn: Dennis V. and Matthew Smith
| Eleanor Olcott / Financial Times: |
A look at four Chinese generative AI startups, Zhipu AI, Moonshot AI, MiniMax and 01.ai, which have been valued between $1.2B and $2.5B in the past three months — Zhipu AI, Moonshot AI, MiniMax and 01.ai are striving to rival the success of US counterparts
More: Benzinga and Cointelegraph
| Krisztian Sandor / CoinDesk: |
Tether partners with Chainalysis to identify risky crypto addresses that could be used for bypassing sanctions or illicit activities, like terrorist financing — The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities …
More: Tether, Coinspeaker, crypto.news, Reuters, CoinGape, Cryptonews, Crypto Briefing, Cointelegraph, Crowdfund Insider, and The Crypto Times
Forums: r/CryptoCurrency and r/ethtrader
| Olga Kharif / Bloomberg: |
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ — - Consumer transaction revenue almost doubled from last quarter — Urges ‘caution in extrapolating’ results so far this quarter
More: CNBC, Fortune, Bitcoin Insider, Coinbase, CoinGape, Cointelegraph, Crypto Briefing, Decrypt, The Information, and The Block
| Tom Warren / The Verge: |
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS — Microsoft is fully rolling out passkey support for all consumer accounts today. After enabling them in Windows 11 last year …
More: Microsoft Security Blog, Silicon Republic, 9to5Mac, FIDO Alliance, The Register, Gizchina, iThinkDifferent, iClarified, Android Headlines, SiliconANGLE, iMore, Thurrott, iPhone in Canada Blog, TweakTown, PCWorld, ZDNet, Digital Spy, AppleInsider, Neowin, Engadget, MSPoweruser, and Washington Post
Threads: @rstephens. X: @tomwarren. LinkedIn: Sangeeta Ranjit, Joy Chik, Scott Bingham, and Vasu Jakkal
| Jess Weatherbed / The Verge: |
More: The Keyword, The Hacker News, ZDNet, Google Online Security Blog, Neowin, Laptop Mag, PhoneArena, Android Headlines, Thurrott, Chrome Unboxed, 9to5Google, Engadget, PCMag, BetaNews, SiliconANGLE, Android Central, and Security Boulevard
LinkedIn: Heather Adkins and Grace Hoyt
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