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May 3, 2024, 1:10 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, New York Post, TechCentral.ie, Seeking Alpha, Computing, Yahoo Finance, Zacks Investment Research, The Verge, Reuters, Bloomberg, Reuters, Neowin, Inc.com, CryptoGlobe, iMore, Spyglass, Benzinga, AppleInsider, 9to5Mac, Cult of Mac, Financial Times, Fast Company, 9to5Mac, Associated Press, Forbes, The Apple Post, iPhone in Canada Blog, Axios, AppleInsider, MacRumors, Wall Street Journal, Financial Times, 9to5Mac, and Yahoo Finance
Threads: @barbarosozturk, @jdrch, @shiraovide, and @xzed87
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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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| Todd Spangler / Variety: |
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| 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: Microsoft Security Blog, GeekWire, PCMag, CyberScoop, The Verge, GeekWire, Neowin, and Beyond Search. X: @tomwarren
| Bloomberg: |
Microsoft announces new anti-hacking initiatives and adds deputy chief information security officers to its product groups after several serious cyberattacks — Among other efforts to shore up its anti-hacking defenses, the company is prioritizing security over product development.
More: The Information, TechRadar, WinBuzzer, ITPro Today, CSO, and Benzinga
| 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).| 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: @scottjla, @tomwarren, @_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 after its antitrust win, saying 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 “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks 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, 10.9" and 12.9" iPad Airs, and updates to the Apple 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 …
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| 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, and Android Headlines
| 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 … | MacKenzie Sigalos / CNBC: |
Block reports Q1 revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, and 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.
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| 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, PCMag, Engadget, 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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