Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
January 31, 2025, 9:55 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

CNBC:
Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024  —  Analysts are concerned about how Apple will signal the March quarter is shaking out.
Apple Inc.:
Apple Q1: iPhone down 1% YoY to $69.14B, vs. $71.03B est., Mac up 15% to $8.99B, iPad up 15% to $8.09B, and Wearables, Home, and Accessories down 2% to $11.75B  —  All-time records for total company revenue and EPS  —  Services revenue reaches new all-time high
Juli Clover / MacRumors:
Tim Cook says there are now more than 2.35B active Apple devices worldwide, a new record, up from 2.2B devices the company reported in February 2024
CNBC:
Apple Services revenue reached an all-time high of $26.34B in Q1, up 14% YoY, beating estimates and helping lift the company's gross margin to a record 46.9%
Alkesh Sharma / The National:
Apple Q1: revenue up 4% YoY to $52.6B in the Americas, up 11% to $33.9B in Europe, up 16% to $9B in Japan, and up 1% to $10.3B in the rest of Asia-Pacific
Business Insider:
In a leaked recording of an all-hands meeting, Mark Zuckerberg said Meta was slow to respond to TikTok's rise because “we didn't think TikTok was social”  —  - Mark Zuckerberg addressed several recent policy changes in a company all-hands meeting on Thursday.
Business Insider:
Leaked all-hands recording: Mark Zuckerberg told staff to “buckle up” for an “intense” year, said a changing policy landscape necessitated DEI changes, and more  —  - Meta CEO Mark Zuckerberg told staffers in a Thursday all-hands to be ready for an “intense year.”
Wall Street Journal:
Sources: OpenAI is in early talks to raise up to $40B at a $340B valuation; the startup was last valued at $157B in October, when it raised $6.6B  —  SoftBank would lead $40 billion round for the ChatGPT maker, some of which would go to Stargate AI infrastructure venture.
Dylan Patel / SemiAnalysis:
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history  —  The DeepSeek Narrative Takes the World by Storm  —  DeepSeek took the world by storm.  For the last week, DeepSeek has been the only topic …
Jordan Novet / CNBC:
Intel reports Q4 revenue down 7% YoY to $14.26B, vs. $13.81B est., Data Center and AI down 3% YoY to $3.39B, and forecasts Q1 revenue below estimates  —  Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates.  Shares were up 3% after hours.
VideoCardz.com:
Nvidia updates its PC app and rolls out the new GPU drivers, bringing Multi Frame Generation to RTX 50 Series GPUs and DLSS transformer models to all RTX GPUs  —  NVIDIA DLSS4 released, Override feature now available  —  Following the launch of the GeForce RTX 5090 and 5080 …
Abner Li / 9to5Google:
Google announces a “voluntary exit program” for employees working in the Platforms & Devices group in the US, which includes Android, Chrome, Pixel, and more  —  Last year, the teams responsible for Pixel hardware and Android software were merged into one division …
MK Manoylov / The Block:
Tether plans to bring USDT to the Bitcoin base layer again and to the Layer 2 protocol Lightning Network, following USDT expansions to Celo and other networks  —  - The integration is supported by Taproot Assets, a network that enables interoperability between stablecoins and other assets on the Bitcoin network.
Zach Vallese / CNBC:
Cloudflare Radar: TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down on January 19  —  TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar.
More: 9to5Mac.  Bluesky: @waxmonkey
Wall Street Journal:
Sources: Amazon is ramping up ad spending on X, as companies re-evaluate their stances in a changing political climate; source: Apple considers a return to X  —  Amazon is ramping up ad spending on Elon Musk's X, according to people familiar with the situation, a major shift after pulling …
Bloomberg:
Sources: US officials are investigating whether DeepSeek bought advanced Nvidia chips from third parties in Singapore, circumventing US restrictions on AI chips  —  - Nvidia says it ‘insists’ that customers comply with laws  — Singapore accounts for about 20% of Nvidia's revenue
Dylan Butts / CNBC:
Samsung reports Q4 revenue up 12% YoY to ~$52.2B, vs. ~$51.9B est., operating profit up 132% YoY to ~$4.5B, vs. ~$4.7B est., and FY 2024 revenue of ~$207B  —  Samsung Electronics on Friday reported that its operating profit dropped sharply from the previous three months as it ramps up R&D spending …
Frederic Lardinois / TechCrunch:
Finout, which makes cloud cost management software, raised a $40M Series C, following a $26M Series B in March, bringing its total raised to $85M  —  Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn't something that was top of mind for a lot of businesses.
Bloomberg:
Kraken says its revenue hit $1.5B in 2024, up from $671M in 2023, and it finished the year with 2.6M funded accounts, with $42.8B in assets held on the platform  —  - The crypto exchange had $1.5 billion in revenue last year  — Kraken has long-held aspirations of becoming a public company

Sponsor Posts

Command Line:
What will the next generation of developers do when AI writes the code?  —  Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books  —  The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 Anthropic IPO Panic, A Spy At OpenAI?, The Great Food Slop Debate
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
 What happened to tech's backbone?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
The Upstarts Podcast:
 The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Cheeky Pint:
 The company building underwater drones for $50,000
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
BG2 Pod:
 Jensen Huang | Does AI Revenue Justify Capex, '27 AI Bottlenecks, Singularity, Open vs Closed & more
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Channels with Peter Kafka:
 How to Run a Political Campaign in the TikTok Era (And How Not To)
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:55 AM ET, January 31, 2025.

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.

From Mediagazer

New York Times:
White House Press Secretary Katie Zacharia was forced out of her role on Friday, after five days on the job and hosting only one press briefing

Washington Post:
Israeli settlers attacked WaPo photographer Heidi Levine, who wore a “PRESS” vest, in the West Bank, kicking her repeatedly and taking her cameras and phone

Page Six:
Sources: Bela Bajaria was “blindsided” by her firing and only found out at 5pm on Wednesday after Netflix had repeatedly reassured her that her job was secure

More News

Counterpoint Research:
Indian smartphone market's revenue rose 9% YoY in 2024, with shipments up 1% YoY to 153M units; Nothing was the fastest-growing brand, up 577% YoY
Kyle Wiggers / TechCrunch:
The Allen Institute for AI releases Tulu 3 405B, an open source model that it claims outperforms DeepSeek V3 and OpenAI's GPT-4o on certain benchmarks

Earlier Picks

Todd Bishop / GeekWire:
Amazon sues Washington state to limit the release of public records to The Washington Post about Jeff Bezos' Amazon Project Kuiper satellite facility in Seattle
Abner Li / 9to5Google:
Google Search adds Ask for me, which uses AI to call businesses to inquire about availability and pricing, starting with nail salons and auto shops in the US
New York Times:
Elon Musk is using the same tactics he used during his Twitter takeover at DOGE, including offering exits to federal employees and testing engineering prowess
Tom Warren / The Verge:
Sources: Nadella and Microsoft execs moved quickly to get engineers to test and deploy DeepSeek R1 on Azure and GitHub in 10 days, an unusually fast turnaround
Bloomberg:
The US DOJ sues to block HPE's $14B acquisition of Juniper Networks, arguing the deal would harm competition in the enterprise wireless equipment
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter