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April 24, 2025, 11:55 PM
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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 …
Benjamin Mullin / New York Times:
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars  —  Ziff Davis, which owns more than 45 media properties, is accusing the tech company of infringing on the publisher's copyrights and diluting its trademarks.
More: The Verge, Reuters, and Tech in Asia
Bluesky: @seldo.com and @glennf.com.  Mastodon: @GossiTheDog@cyberplace.social.  Forums: r/giantbomb
Danny Goodwin / Search Engine Land:
YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers  —  YouTube's AI Overviews test could reshape how users find videos.  Will it boost discovery or cut into views for creators and brands?
Aisha Malik / TechCrunch:
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook”  —  Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday.
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 …
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
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 …
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.
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.
Emma Roth / The Verge:
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on  —  The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.
Pete Schroeder / Reuters:
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC  —  U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities.
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.
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 …

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This is a Techmeme archive page. It shows how the site appeared at 11:55 PM ET, April 24, 2025.

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From Mediagazer

Axios:
Sources: WH officials believe NYT's Maggie Haberman and Jonathan Swan obtained audio recordings of Situation Room meetings for their upcoming book Regime Change

Jessica Toonkel / Wall Street Journal:
A profile of Sarah Longwell, founder of opinion news site The Bulwark; source: its revenue was $20M+ in 2025 and is on track to increase by ~50% this year

Bloomberg:
South Korean media giant JoongAng files for court rehabilitation after its broadcaster JTBC defaulted on a ~$13M loan tied mostly to sports broadcasting rights

More News

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

Earlier Picks

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
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
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
Dan Milmo / The Guardian:
Ofcom outlines 40+ child safety measures, including age checks, for websites and apps to introduce from July or face large fines under the Online Safety Act
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
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
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
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