| GOV.UK: |
The UK CMA blocks Microsoft's $68.7B Activision acquisition, citing concerns about competition and innovation in the UK gaming market; Microsoft plans to appeal — The CMA has prevented Microsoft's proposed purchase of Activision over concerns the deal would alter the future … | New York Times: |
A look at the mounting US pressure on Binance: the DOJ's money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more — The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.| Yueqi Yang / Bloomberg: |
| Alphabet: |
Alphabet reports Q1 revenue up 3% YoY to $69.8B, net income down 8% YoY to $15.1B, Other Bets revenue down 35% YoY to $288M, and Other Bets loss up 47% YoY — MOUNTAIN VIEW, Calif. - April 25, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.| Miles Kruppa / Wall Street Journal: |
| Jordan Novet / CNBC: |
| Microsoft: |
Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY — REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following 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 … | Damilare Dosunmu / Rest of World: |
A look at the waning crypto hype in Africa, as consumer trust fades, startups shut down, and Web3 workers reconsider their careers after FTX's fallout — Trust is fading, startups are shutting down, and Web3 workers are reconsidering their career choices. — • LAGOS, NIGERIA| Reuters: |
Inside Meta's scramble to catch up on AI: slow to adopt pricey AI-optimized systems, scrapping a custom AI chip for a more ambitious model in 2025, and more — As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection … | Aisyah Llewellyn / Rest of World: |
TikTok Shop is thriving in Indonesia, TikTok's second-biggest market with an estimated 110M users; Data.ai: the Shop seller app has ~5.5M Indonesian downloads — TikTok Shop, the controversial app's ambitious next phase, has caught fire in Indonesia. “This is truly the year of TikTok,” says one seller.| Sarah Perez / TechCrunch: |
News sharing app Artifact adds an AI tool to generate article summaries, while noting users should still read the full articles due to occasional errors — Artifact, the personalized news aggregator from Instagram's founders is further embracing AI with the launch of a new feature that will now summarize news articles for you.| Angus Loten / Wall Street Journal: |
PricewaterhouseCoopers plans to invest $1B in generative AI in its US operations over the next three years, working with Microsoft and OpenAI — Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI's language model, training staff in AI capabilities| 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.| Filipe Espósito / 9to5Mac: |
In the latest macOS Ventura beta, Apple removes the Virtual Scanner II app that included Satoshi Nakamoto's Bitcoin whitepaper and shipped with Mojave and newer — A few weeks ago, users discovered that every copy of macOS has the original Bitcoin whitepaper hidden in its internal files.| New York Times: |
The US Commerce Department outlines plans to boost chip R&D via its new National Semiconductor Technology Center; the CHIPS Act allocated $11B for R&D — The Biden administration announced its strategy for the National Semiconductor Technology Center, a string of facilities aimed at propelling U.S. innovation.| Monica Chin / The Verge: |
Hands-on with Asus' ROG Ally, a handheld Windows gaming machine launching May 11 that can be a strong Steam Deck competitor depending on the price and software — I had a fun time testing this device, but everything's going to come down to price. … Basically everything written about Asus … | Jay Peters / The Verge: |
TikTok appears to be working on a feature that will let users create AI-generated profile pictures similar to Prisma Labs' Lensa app — TikTok is working on a feature that will create AI-generated profile pictures, according to social media consultant Matt Navarra, who shared images and video of the tool with The Verge.| Aisha Malik / TechCrunch: |
Yelp announces a series of updates, including AI-powered search suggestions and review highlights and the ability to upload short videos up to 12 seconds long — Yelp announced today that it's introducing a series of new updates, including an enhanced AI-powered search experience and the ability to add videos to reviews.| Financial Times: |
Sources: Tencent is boosting investment in gaming studios abroad, primarily in Europe, to diversify away from China despite the improving regulatory conditions — Chinese tech giant targets European assets as it seeks to diversify away from domestic market
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| Allison Johnson / The Verge: |
| Bloomberg: |
| Cat Zakrzewski / Washington Post: |
| Alex Thompson / Axios: |
| André Beganski / Decrypt: |