Techmeme
April 24, 2025, 7:50 PM

Top News

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.
Jennifer Elias / CNBC:
Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October  —  Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell.
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 …
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 …
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.
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:
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 …
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.
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.
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 …
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.

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