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April 24, 2025, 6:50 PM
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Reuters:
Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target; INTC drops 5%+ after hours  —  Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round …
Alphabet:
Alphabet reports Q1 revenue up 12% YoY to $90.2B, net income up 46% to $34.54B, Services revenue up 10% to $77.3B, and Other Bets revenue down 9% to $450M  —  MOUNTAIN VIEW, Calif. - April 24, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2025.
Todd Spangler / Variety:
Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est.  —  YouTube continues to rake in money from advertisers worldwide, with the video giant's ad revenue reaching $8.93 billion …
Allison Johnson / The Verge:
Motorola unveils three new Razr models, including the $1,300 Razr Ultra flip phone with a 7-inch inner and 4-inch outer screen and wood option, shipping May 15  —  The new high-end Razr Ultra comes with an Ultra price. … Motorola is kicking off hot foldable summer in style — and a little early this year.
Hayden Field / CNBC:
Motorola's new Razr phones will include Perplexity's AI search engine, as part of a distribution partnership that lets Perplexity gain users rather than revenue  —  Perplexity AI is getting in on the smartphone game.  —  The startup on Thursday announced a partnership to bring …
Kirsten Korosec / TechCrunch:
VW and Uber unveil an ambitious plan to launch a commercial robotaxi service using ID. BUZZ vehicles in US cities over the next decade, starting in LA in 2026  —  Volkswagen of America and Uber on Thursday unveiled an ambitious plan to launch a commercial robotaxi service — using autonomous electric VW ID.
Ivan Mehta / TechCrunch:
Adobe unveils its Firefly Image Model 4 and Model 4 Ultra, launches a redesigned Firefly web app, is testing a new Adobe Content Authenticity web app, and more  —  Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors …
Mark Gurman / Bloomberg:
Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering  —  Apple Inc. will remove its secret robotics unit from the command of its artificial intelligence chief, the latest shake-up in response to the company's AI struggles.
Bloomberg:
Meta lays off Reality Labs staffers, affecting Oculus Studios teams; sources: 100+ staff are affected, including those involved in Meta's hardware efforts  —  The latest round of job cuts impacted Reality Labs staff focused on creating VR experiences for Meta's Quest headsets …
Sarah Perez / TechCrunch:
Meta moves Threads from Threads.net to Threads.com and updates its web app, including features to more easily access custom feeds, create new columns, and more  —  Instagram Threads, Meta's newest social network and X competitor, is officially relocating from the website Threads.net to Threads.com.
Dominic Preston / The Verge:
The EU unveils new mandatory labels for smartphones and tablets sold in the bloc that rate energy efficiency, durability, and repairability, starting June 20  —  Tablets are also covered by the scheme, which takes effect in June. … The European Union has announced details of new mandatory labels …
Financial Times:
Elon Musk is stepping back from DOGE in May, spending 1-2 days per week on government work, as tariffs, customer anger, and Chinese competition weigh on Tesla  —  Billionaire's foray into government coincided with increased competition from Chinese rivals  —  In the days following Donald …
Bloomberg:
US v. Google: DuckDuckGo CEO Gabriel Weinberg testifies that Chrome is worth “upwards of $50B if it went on the market” based on “back-of-the-envelope” math  —  - DuckDuckGo CEO estimated potential sale price at DOJ hearing  — Justice Department has asked that court order Chrome's sale
Adrienne So / Wired:
On the Apple Watch's 10th anniversary, a look at how Apple reshaped the watch industry and ushered in a new age of fitness tracking  —  When the Apple Watch launched, it was unclear if smartwatches would pan out.  Ten years later, Apple has a $100-billion hit that reshaped the watch industry …
Kevin Roose / New York Times:
An interview with Kyle Fish, who Anthropic hired in 2024 as a welfare researcher to study AI consciousness and estimates a ~15% chance that models are conscious  —  As artificial intelligence systems become smarter, one A.I. company is trying to figure out what to do if they become conscious.
Ryan Browne / CNBC:
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M  —  LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time …
European Commission:
The European Commission says that Meta's Facebook Marketplace should no longer be designated under the DMA, citing fewer than 10,000 business users in 2024  —  Today, the European Commission found that Apple breached its anti-steering obligation under the Digital Markets Act (DMA) …
Edith Hancock / Wall Street Journal:
The EU Commission says it banned officials from meeting with lobbyists acting on Huawei's behalf, after the EU Parliament banned Huawei staff from its premises  —  The European Parliament had banned Huawei staff from its premises, with the commission following suit last month
More: Politico

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, April 24, 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

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Ted Johnson / Deadline:
WSJ asks a judge to toss out Trump's revised defamation lawsuit over its Jeffrey Epstein letter story, saying it is a “re-package” of claims already dismissed

More News

Dan Milmo / The Guardian:
Ofcom outlines 40+ child safety measures for websites and apps to introduce from July 2025 or face large fines under the Online Safety Act, including age checks
Victoria Song / The Verge:
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response

Earlier Picks

Larry Dignan / Constellation Research:
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging
Sarah Perez / TechCrunch:
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol
Naomi Nix / Washington Post:
Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025
Umar Shakir / The Verge:
Perplexity's iOS app enables support for the company's conversational AI voice assistant, letting users ask the chatbot to write emails, set reminders, and more
Stephanie Lai / Bloomberg:
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios
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