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May 3, 2024, 12:00 PM
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| 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: The Register, MacRumors, Seeking Alpha, New York Post, Zacks Investment Research, Yahoo Finance, The Verge, Reuters, Reuters, 9to5Mac, Neowin, Inc.com, CryptoGlobe, iMore, Spyglass, AppleInsider, Benzinga, Cult of Mac, Financial Times, Fast Company, 9to5Mac, Associated Press, BNN Bloomberg, Forbes, The Apple Post, iPhone in Canada Blog, Axios, AppleInsider, MacRumors, Wall Street Journal, Financial Times, 9to5Mac, and Bloomberg
X: @neilcybart, @lanceulanoff, @munster_gene, @neilcybart, @htsfhickey, @neilcybart, @neilcybart, @neilcybart, @munster_gene, @neilcybart, and @markgurman. LinkedIn: Roderick Mann
Forums: r/technology and r/wallstreetbets
| 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% — Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
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Forums: r/economy, r/wallstreetbets, r/stocks, r/dividends, and r/apple
| Wesley Hilliard / AppleInsider: |
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| Nikkei Asia: |
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Mastodon: @asymco@mastodon.social. X: @neilcybart, @neilcybart, @fjeronimo, @neilcybart, @jimcramer, and @lexnfx
Forums: r/apple and r/technology
| Todd Spangler / Variety: |
| Sudz Niel Kar / MyHealthyApple: |
The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the 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).| Tom Warren / The Verge: |
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024 — - Protect identities and secrets. … - Protect tenants and isolate production systems. … - Protect networks.
More: CyberScoop, The Verge, GeekWire, Microsoft Security Blog, and Beyond Search
| Ashley Stewart / Business Insider: |
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more — Insiders say he's still pulling the strings at Microsoft — In 2017, just before Microsoft forged a partnership …
More: Analytics India Magazine and Windows Copilot News
Bluesky: @marypcbuk.bsky.social. X: @tomwarren, @scottjla, @_darrencohen, @timothywschwab, @hkanji, and @timothywschwab
LinkedIn: David Subar, Ashley Stewart, and Alistair Barr
| 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 how tech companies build LLMs — A committee of UK legislators has slammed the government for its response to alleged copyright theft as a … | Sarah Perez / TechCrunch: |
Filing: Google pushes back on Epic's demands following its antitrust win, says the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict — In a new filing, Google is pushing back against Fortnite maker Epic Games' numerous proposed remedies … | Lisa O'Carroll / The Guardian: |
Germany says it found evidence that Russian state-backed hacker Fancy Bear was behind a cyberattack in 2023 that took down several German government websites — Investigation finds hacker group linked to Russian intelligence responsible for attacks targeting politicians and defence sector| Mark Gurman / Bloomberg: |
What to expect from Apple's May 7 event: OLED iPad Pros, possibly with M4 chips, a 10.9" and 12.9" iPad Air, updates to Pencil and Magic Keyboard — Company gears up to update its tablets for the first time since 2022 — It's been more than 18 months since Apple Inc. last updated its iPad line …
More: MacRumors, Gizmodo, AppleInsider, 9to5Mac, Laptop Mag, MacRumors, Digital Trends, PhoneArena, iMore, Business Insider, BGR, TechCrunch, and ZDNet
| Eva Dou / Washington Post: |
The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment — The FCC chairwoman warns that rural areas are set to lose cell service if Congress does not fill a $3 billion shortfall in funding to replace Chinese technology.
More: The Verge, Huawei Central, Android Headlines, and PhoneArena
| 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: Interesting Engineering and Hubble Network
Mastodon: @mathowie@xoxo.zone. X: @dangrover, @lacostejonathan, @bdsams, @lacostejonathan, @hubble_network, @aaron_epstein, @lacostejonathan, and @lacostejonathan. LinkedIn: David Paauwe. Forums: Slashdot
| Dan Primack / Axios: |
SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cash — - SVB Capital wasn't included in the sale of SVB's lending and wealth management units to North Carolina-based bank First Citizens … | 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
| 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.| 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% — 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: investors.block.xyz, Block, Unchained, crypto.news, Cryptonews, The Information, PYMNTS.com, Cointelegraph, and Benzinga
| Paige Smith / Bloomberg: |
| Jess Weatherbed / The Verge: |
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program — Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
More: The Keyword, The Hacker News, ZDNet, TechCrunch, Neowin, PhoneArena, Android Headlines, Thurrott, Chrome Unboxed, 9to5Google, Engadget, PCMag, BetaNews, SiliconANGLE, Android Central, and Security Boulevard
LinkedIn: Grace Hoyt and Heather Adkins
| Tom Warren / The Verge: |
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Threads: @rstephens. X: @tomwarren. LinkedIn: Sangeeta Ranjit, Joy Chik, Scott Bingham, and Vasu Jakkal
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