Techmeme
February 2, 2023, 5:25 PM

Top News

TechCrunch:
Twitter plans to discontinue free access to its API starting on February 9, ending support for both v1.1 and v2, and launch a “paid basic tier” instead  —  Twitter will discontinue offering free access to the Twitter API starting February 9 and will launch a paid version …
More: VICE, The Verge, Techdirt, The Verge, Gizmodo, CNBC, Semafor, Daring Fireball, Fast Company, Thurrott, Social Media Today, Tubefilter, Silicon Republic, SiliconANGLE, Forbes, Scripting News, Neowin, Quartz, Ars Technica, CNET, Wall Street Journal, NewsBTC, PCMag, The Register, Top Startups 2023, TechCircle, BGR, Mashable, XDA Developers, and Coinspeaker
Apple:
Apple reports Q1 revenue down 5% YoY to $117.2B, net income down 13% YoY to $30B, its largest quarterly revenue decline since 2016  —  Installed base crosses 2 billion active devices and hits all-time high for all major product categories  —  Services set new all-time revenue record
Kif Leswing / CNBC:
Apple Q1 revenue: iPhone down 8% YoY to $65.8B, Mac down 29% YoY to $7.7B, iPad up 30% YoY to $9.4B, Wearables, Home and Accessories down 8% YoY to $13.5B  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Apple missed expectations for revenue, profit, and sales for many of its lines …
Mark Gurman / Bloomberg:
Sources: Apple decided not to replace departing VP of Industrial Design Evans Hankey; its group of ~20 industrial designers will report to COO Jeff Williams  —  Apple Inc. has decided against naming a new executive to replace its departing top product designer, marking a stark shift …
Tom Warren / The Verge:
Sony introduces Discord voice calls in beta for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more  —  Beta testers will be able to join Discord voice calls on a PS5 console in the US, Canada, Japan, and UK starting today.
Bloomberg:
Sony reports Q3 sales rose 13% YoY to ~$26.4B and operating income dropped 8% YoY to ~$3.3B, beating analyst estimates; PS5 sales hit 7.1M, up from 3.9M YoY  —  Sony Group Corp. revised up its full-year profit outlook after earnings beat estimates and the company had its best quarter of PlayStation 5 sales.
Wall Street Journal:
TikTok's playbook to win DC's trust, like touring its Transparency and Accountability Center in California, echoes Huawei's unsuccessful US and Europe strategy  —  Chinese-owned app is taking steps that are similar to largely unsuccessful tactics used by the telecom giant  —  How TikTok Could Become a U.S. Company
Marissa Newman / Bloomberg:
Legal docs: Meta paid Bright Data to scrape data from other websites for years while publicly condemning the practice and suing companies for scraping its sites  —  Facebook owner Meta Platforms Inc. for years paid a contractor to scrape data from other websites while publicly condemning …
Krystal Hu / Reuters:
Similarweb: ChatGPT reached 100M MAUs and ~13M daily unique visitors in January 2023, two months after launch, becoming the fastest-growing consumer app yet  —  ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January …
Kyle Wiggers / TechCrunch:
Subrat Patnaik / Bloomberg:
After a 64% decline in 2022, Meta's stock is up 110%+ since its November low, one of the S&P 500 Index's best-performing stocks, adding $250B+ to its market cap  —  A spectacular turnaround in Meta Platforms Inc.'s stock is bringing back flashes of Big Tech heydays.
Ben Thompson / Stratechery:
Olga Kharif / Bloomberg:
Chainalysis lays off less than 5% of its staff as part of a reorganization; in January, its CEO said the company plans to grow staff by ~11% and expand globally  —  Chainalysis Inc., a company that specializes in tracking crypto transactions and the entities behind them, said it's made layoffs affecting less than 5% of staff.
Tom Schoenberg / Bloomberg:
Sources: prosecutors in the DOJ's fraud unit are investigating US bank Silvergate's hosting of accounts tied to FTX and Alameda Research  —  US prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp.'s dealings with fallen crypto giants FTX and Alameda Research …
More: CoinDesk and Decrypt
Nicole Herskowitz / Microsoft 365 Blog:
Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes by OpenAI's GPT-3.5 are set to arrive “in the coming months”  —  As we face economic uncertainties and changes to work patterns, organizations are searching for ways to optimize …

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