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April 30, 2025, 5:45 PM
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Microsoft:
Microsoft reports Q3 revenue up 13% YoY to $70.1B, Microsoft 365 Commercial products and cloud services revenue up 11% YoY, and net income up 18% YoY to $25.8B  —  Microsoft Cloud and AI Strength Drives Third Quarter Results  —  REDMOND, Wash. — April 30, 2025 — Microsoft Corp. today announced …
Reuters:
Microsoft's Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year
Meta:
Meta reports Q1 revenue up 16% YoY to $42.3B, net income up 35% YoY to $16.6B, and family daily active people up 6% YoY to 3.43B on average for March 2025  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.
Todd Spangler / Variety:
Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B
Bloomberg:
US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a “de facto” spinoff of Google's search engine and its IP  —  - Alphabet CEO testifies as part of Justice Department lawsuit  — Rivals could reverse-engineer ‘every aspect of our technology’
Erin Woo / The Information:
US v. Google: Sundar Pichai says he had at least a “couple” of calls with Tim Cook in 2024 about a Gemini deal; Cook said Apple plans to add more AI chatbots
Financial Times:
Microsoft President Brad Smith says the company would take the US to court if necessary to protect European customers' “continuity of access” to its services  —  Tech group says it would sue to keep European access to crucial cloud services  —  Microsoft's top legal officer …
Natalie Lung / Bloomberg:
Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ users  —  On Wednesday, Duolingo signaled that approach is helping to rapidly expand its language-learning courses …
Ben Jiang / South China Morning Post:
DeepSeek quietly open sources Prover-V2, a math-focused, 671B-parameter AI model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3  —  The Chinese start-up has released the Prover-V2 model a day after Alibaba released Qwen3, and ahead of an anticipated release of DeepSeek-R2
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Mark Zuckerberg on Llama 4, benchmarks, AI friends, DeepSeek, China, export controls, open source, monetizing AGI, aligning with Trump, and more  —  Zuck on:  — Llama 4, benchmark gaming, open vs closed  — Intelligence explosion, business models for AGI
Maxwell Zeff / TechCrunch:
At LlamaCon, Satya Nadella says 20% to 30% of code in Microsoft's repositories was AI-written, and Microsoft was seeing more progress in Python and less in C++
Bloomberg Tax:
Sources: Ripple has proposed a takeover of Circle for $4B to $5B, a bid that was rejected as too low; Ripple remains interested in Circle  —  Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low …
Sarah Perez / TechCrunch:
Wikipedia says it will use AI to build new features that “remove technical barriers” for editors, moderators, and patrollers, automate tedious tasks, and more  —  Wikipedia on Wednesday revealed its new AI strategy for the next three years — and it's not replacing the Wikipedia community …
Mark Gurman / Bloomberg:
Sources: Apple reorganizes its global affairs unit, including management of the government teams for Europe and Asia, and Apple Music's leadership structure  —  Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality  —  Beats' newest exercise headphones are improved, but they face stiffer competition than ever.
Lucas Ropek / Gizmodo:
Marc Andreessen says VC may be one of the last fields safe from AI after it replaces most workers, as it requires “intangible” skills like psychological insight  —  In the future, AI will apparently be able to do everybody's job—except Marc's.  —  Egg-headed venture capitalist …
Yuan Gao / Bloomberg:
Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing  —  Xiaomi debuted MiMo a day after Alibaba unveiled the latest version of its own flagship model, amplifying a race between China's tech players …
Emily Birnbaum / Bloomberg:
Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verification  —  App makers Meta Platforms Inc., Spotify Technology SA and Match Group Inc. are girding for a high-stakes political battle …
Jane Lanhee Lee / Bloomberg:
TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site  —  The world's most advanced chipmaker announced the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site …
Emily Mason / Bloomberg:
Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America
Martin Young / Cointelegraph:
Filing: PayPal discloses that the US SEC said in February 2025 that it was closing its investigation into the PayPal USD stablecoin “without enforcement action”  —  PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.

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This is a Techmeme archive page. It shows how the site appeared at 5:45 PM ET, April 30, 2025.

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From Mediagazer

Associated Press:
The DOJ withdraws subpoenas that would have forced three NYT reporters to testify about sources, after a federal judge criticized the DOJ for sloppy legal work

Ted Johnson / Deadline:
A judge extends the temporary order pausing the Paramount-WBD merger for 14 more days and writes that the WGA can participate in a scheduled hearing on August 3

Brooks Barnes / New York Times:
Sony Pictures Entertainment plans to restore the Cinerama Dome and adjacent 14-screen theater in Los Angeles, reopening in 2028 and operated by Alamo Drafthouse

More News

Earlier Picks

Mathieu Pollet / Politico:
Doc: the EU's draft International Digital Strategy, set for June 4, acknowledges that decoupling from US tech is “unrealistic” and calls for strategic alliances
More: Atlantic Council and Bloomberg
Bluesky: @elinorcarmi, @katjabego, and @parismarx.com.  Forums: r/eutech
Jason Schreier / Bloomberg:
EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game
Kyle Wiggers / TechCrunch:
Online graphic design platform Freepik releases F Lite, a ~10B-parameter “open” AI image model that it says was trained on ~80M licensed, “safe-for-work” images
Jagmeet Singh / TechCrunch:
An Indian court directs the government to block Proton Mail after a local firm alleged its staff received emails containing obscene content sent via the service
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