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April 25, 2023, 5:10 PM
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Top News

Alphabet:
Alphabet reports Q1 revenue of $69.8B, up 3% YoY, net income of $15.1B, down from $16.4B YoY, and Other Bets revenue of $288M, down from $440M YoY, GOOG up 3%+  —  MOUNTAIN VIEW, Calif. - April 25, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.
Mark Gurman / Bloomberg:
Sources: Apple is working on emotion tracking tools, coming to its Health app in 2023, and an AI-powered health coaching subscription service codenamed Quartz  —  Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions …
Alex Thompson / Axios:
After President Biden's reelection campaign announcement, the Republican National Committee posts an attack ad featuring AI-generated images, including of Biden  —  - The video features AI-created images appearing to show Biden and Vice President Kamala Harris celebrating at an Election Day party …
Rachel Metz / Bloomberg:
OpenAI now lets ChatGPT users turn off their chat histories, excluding them from the company's models, and plans to launch ChatGPT Business in the coming months  —  OpenAI is letting people opt to withhold their ChatGPT conversations from use in training the artificial intelligence company's models.
Microsoft:
Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, and Intelligent Cloud revenue up 16% YoY to $22.1B; MSFT up 4%+  —  REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 …
Dan Milmo / The Guardian:
The UK unveils a bill to tackle the “excessive dominance” of Big Tech companies by empowering the CMA's Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power
Anne Steele / Wall Street Journal:
Spotify Q1: revenue up 14% YoY to €3B, net loss down 17% YoY to €225M, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, and subscribers up 15% to 210M  —  Audio streaming giant posted lower-than-expected revenue gains as ad spending cooled Spotify Technology SA reported …
Yueqi Yang / Bloomberg:
Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker.
Jon Porter / The Verge:
WhatsApp expands its multi-device feature to let the same account be used across multiple smartphones, not just tablets and computers, a long-requested feature  —  WhatsApp users are no longer restricted to using their account on just a single phone.  Today, the Meta-owned messaging service …
Foo Yun Chee / Reuters:
Thierry Breton says EU Digital Services Act content rules will apply to Apple, Meta, Google, TikTok, Twitter, Wikipedia, YouTube, and 12 others from August 2023  —  Five Alphabet (GOOGL.O) subsidiaries, two Meta Platforms (META.O) units, two Microsoft (MSFT.O) businesses, Twitter and Alibaba's …
Andrew J. Hawkins / The Verge:
GM's Cruise expands its “small” fleet of driverless robotaxis in San Francisco to daylight hours, now operating 24/7; the unit lost $561M in Q1 2023, up 73% YoY  —  Cruise, the autonomous vehicle division of General Motors, is now operating a “small” fleet of driverless robotaxis …
André Beganski / Decrypt:
Coinbase asks a US federal court to compel the SEC to respond to a petition the company filed in July 2022 asking 50 questions to help clarify crypto regulation  —  The cryptocurrency exchange filed the petition along with a long list of questions last July.
Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K of his 136.4M+ Twitter followers, or 0.018%, subscribe to his tweets, Spaces, and more to earn him nearly $100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …
Jordan Pearson / VICE:
Elon Musk seems to reveal an alleged burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”
Bloomberg:
South Korea indicts Terraform Labs co-founder Daniel Shin and nine others on multiple charges related to TerraUSD and freezes ~$184.7M of their assets so far  —  South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.
Sean Hollister / The Verge:
AMD announces the Ryzen Z1 and Ryzen Z1 Extreme, 4nm CPUs for handheld gaming PCs; the Z1 Extreme has eight Zen 4 cores and 16 threads with 12 RDNA 3 GPU cores  —  But the company's now saying the quiet part out loud: today, it's officially announcing the AMD Ryzen Z1 and Ryzen Z1 Extreme …
Kyle Wiggers / TechCrunch:
Nvidia open sources NeMo Guardrails, a developer toolkit designed to help make text-based generative AI apps more “accurate, appropriate, on topic, and secure”  —  For all the fanfare, text-generating AI models like OpenAI's GPT-4 make a lot of mistakes — some of them harmful.
Reed Albergotti / Semafor:
Replit, which offers AI-powered collaborative coding tools, raised $97.4M at a $1.2B valuation and says its IDE has 22.5M users, up from 10M+ in December 2021  —  Replit, the fast-growing service that combines artificial intelligence with software development, closed a $97.4 million fundraising round …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:10 PM ET, April 25, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Thomas Buckley / Bloomberg:
Sony Pictures Entertainment invests $100M in Cosm, a startup specializing in immersive, large-screen theaters, which has partnerships with NBCUniversal and WBD

Ethan Millman / The Hollywood Reporter:
Court docs: Live Nation CEO Michael Rapino spoke with President Trump in the weeks before the company settled with the DOJ in its monopoly lawsuit

More News

Dan Seifert / The Verge:
OnePlus plans to launch the OnePlus Pad, its first tablet, on May 8 for $479, offering a 7:5 144Hz LCD, a Dimensity 9000 CPU, a 128GB SSD, 8GB of RAM, and more
Annachiara Biondi / Financial Times:
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking debates over knockoffs; #dupes has 2.1B views and #reps has 1.9B

Earlier Picks

Timothy B Lee / Understanding AI:
AI will have a significant impact on the economy, but as with the internet, the impact will be concentrated in information-focused industries and occupations
Max Tani / Semafor:
With Facebook's pivot away from news and Twitter's decay, media outlets return to digital media's foundational concepts of the early 2000s like homepage traffic
Xerox Newsroom:
Xerox donates the Palo Alto Research Center, which the company founded in 1970 and spun out as a wholly owned subsidiary in 2002, to nonprofit SRI International
James Hercher / AdExchanger:
On April 23, a Meta ad system glitch caused some campaigns to overspend by more than double their daily cost cap; 10+ agencies say Meta gave next to no feedback
Christian Vasquez / CyberScoop:
A group of operational technology cybersecurity vendors launches ETHOS, an open-source portal for sharing early warnings about critical infrastructure threats
Abner Li / 9to5Google:
Google updates Google Authenticator for Android and iOS with a new icon and Google Account synchronization, letting users back up their 2FA codes to the cloud
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