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May 3, 2024, 1:05 PM
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Kif Leswing / CNBC:
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B  —  Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
Apple:
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5%  —  Services revenue reaches new all-time record  —  EPS sets March quarter record  —  Apple® today announced financial results …
Wesley Hilliard / AppleInsider:
Tim Cook says half of Fortune 100 companies have purchased Apple Vision Pro units and that Apple's focus is on getting more apps and more enterprises engaged
Nikkei Asia:
Apple reports Q2 revenue down 8.1% YoY to $16.4B in Greater China, down 12.7% YoY to $6.3B in Japan, and down 17.2% YoY to $6.7B in the rest of Asia-Pacific
Todd Spangler / Variety:
Apple reports Q2 revenue from Services, which includes Apple TV+ and Apple Music, up 14% YoY to $23.9B, vs. $23.12B estimated, an all-time record
Tom Warren / The Verge:
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024  —  - Protect identities and secrets. … - Protect tenants and isolate production systems. … - Protect networks.
Sudz Niel Kar / MyHealthyApple:
The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the FDA's MDDT program  —  The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).
Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more  —  Insiders say he's still pulling the strings at Microsoft  —  In 2017, just before Microsoft forged a partnership …
Lindsay Clark / The Register:
A committee of UK legislators says the government's “reticence” to address alleged copyright theft is a “de facto endorsement” of how tech companies build LLMs  —  A committee of UK legislators has slammed the government for its response to alleged copyright theft as a …
Sarah Perez / TechCrunch:
Filing: Google pushes back on Epic's demands after its antitrust win, saying the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict  —  In a new filing, Google is pushing back against Fortnite maker Epic Games' numerous proposed remedies …
Lisa O'Carroll / The Guardian:
Germany “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websites  —  Investigation finds hacker group linked to Russian intelligence responsible for attacks targeting politicians and defence sector
Mark Gurman / Bloomberg:
What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic Keyboard  —  Company gears up to update its tablets for the first time since 2022  —  It's been more than 18 months since Apple Inc. last updated …
Zoho:
Empowering the frontline  —  Your frontline employees are the face of your brand.  But are they feeling undervalued and out of the loop?  Here are the key takeaways to bridge the gap and empower your frontline: Foster inclusion with technology: Use EX platforms like Zoho Connect …
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Aria Alamalhodaei / TechCrunch:
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time  —  Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
Paige Smith / Bloomberg:
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1
Jess Weatherbed / The Verge:
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program  —  Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
Tom Warren / The Verge:
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS

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Empowering the frontline  —  Your frontline employees are the face of your brand.  But are they feeling undervalued and out of the loop?  Here are the key takeaways to bridge the gap and empower your frontline …
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Newest

Counterpoint Research:
Global smartphone market grew 6% YoY to 296.9M units in Q1; Samsung recaptured the top spot with a 20% market share; Apple shipments fell 13% but ASP grew 2%Find
5 minutes ago
Dan Primack / Axios:
SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cashFind
70 minutes ago
Tom Warren / The Verge:
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024Find
2 hours ago
Eva Dou / Washington Post:
The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipmentFind
3 hours ago
Mark Gurman / Bloomberg:
What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic KeyboardFind
4 hours ago
Ashley Stewart / Business Insider:
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and moreFind
5½ hours ago
Lisa O'Carroll / The Guardian:
Germany “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websitesFind
7 hours ago
Full Time-Sorted List

From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Tom McArthur / BBC:
RSF publishes its World Press Freedom Index and places Norway, Denmark, and Sweden in the top three, the US down 10 spots at 55, and Eritrea in last place

Bron Maher / Press Gazette:
The Guardian outlines plans for a “small number of voluntary redundancies”, says it is 60% funded by readers, and had a £39m loss in the year to March 2024

More News

Katie Deighton / Wall Street Journal:
Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools

Earlier Picks

Karissa Bell / Engadget:
X tweaks its block feature to let users see replies to their posts even by users who have blocked them, with the aim of identifying and reporting “bad content”
Olga Kharif / Bloomberg:
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ
Russell Brandom / Rest of World:
WhatsApp told Delhi High Court last week that it will be forced to leave India if required to maintain “traceability” for messages as part of 2021's IT rules
Krisztian Sandor / CoinDesk:
Tether partners with Chainalysis to identify risky crypto addresses that could be used for bypassing sanctions or illicit activities, like terrorist financing
Senator Scott Wiener / @scott_wiener:
[Thread] California State Senator Scott Wiener defends his AI safety bill, SB 1047, after criticism that it will “crush OpenAI's competitors” and open-source AI
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