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May 4, 2023, 8:40 PM
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WeSmirchTop News
| Apple: |
Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B — Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today …
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Bloomberg, Apple, CNET, Silicon Valley Business …, Reuters, 9to5Mac, Investor's Business Daily, 9to5Mac, AppleInsider, MacRumors, Thurrott, Livemint, MacRumors, Financial Times, Axios, Latest Blog & Updates, Six Colors, Six Colors, MacStories, MacDailyNews, iPhone in Canada Blog, and BGR
LinkedIn:
Francisco Crane De Narvaez. Mastodon:
@daniel_rubino@newsie.social. Tweets:
@adamsinger, @benbajarin, @patrickmcgee_, @epro, @neilcybart, @inafried, @levynews, @lexnfx, @dougboneparth, @sarthakgh, @stevemoser, @neilcybart, @rsgnl, @thetranscript_, @patrickmcgee_, @patrickmcgee_, @neilcybart, @munster_gene, @neilcybart, @rjonesy, @lexnfx, @brandonbutch, @lexnfx, @lexnfx, @patrickmoorhead, @patrickmcgee_, @neilcybart, @mike_wuerthele, and @neilcybart
| Kif Leswing / CNBC: |
Apple Q2 revenue: iPhone up 2% YoY to $51.33B, Mac down 31% YoY to $7.17B, iPad down 13% YoY to $6.67B, and Wearables, Home, and Accessories down 1% to $8.76B — - Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street's soft expectations for sales and revenue …
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CRN, SiliconANGLE, Ars Technica, The Information, New York Times, The Guardian, Macworld, The Verge, TechCrunch, Engadget, AppleInsider, Sky News, Wall Street Journal, Barron's Online, Cult of Mac, SlashGear, MobileSyrup, PhoneArena, Patently Apple, The Apple Post, Neowin, Cult of Mac, and The Apple Post
| Todd Spangler / Variety: |
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CNN, AppleInsider, The Apple Post, and The Hollywood Reporter
Tweets:
@howardlindzon, @xpangler, @gartenberg, @patrickmcgee_, @neilcybart, @patrickmcgee_, @dividendgrowth, @lexnfx, and @divestech
| Richard Lawler / The Verge: |
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event — / This is Google's first foldable phone. More details are coming at Google I/O on May 10th.
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CNN, Made by Google on YouTube, 9to5Google, Ars Technica, SamMobile, PCMag, GSMArena.com, Laptop Mag, TechRadar, Chrome Unboxed, XDA Developers, OnMSFT.com, Mashable, Wired, Engadget, MobileSyrup, Game Rant, Redmond Pie, TalkAndroid.com, Android Police, Android Central, Pocket-lint, Gizchina, Android Headlines, Digital Trends, TechCrunch, Droid Life, ZDNet, BGR, Tom's Guide, SlashGear, Wccftech, BigTechWire, Android Authority, Liliputing, and Fortune
LinkedIn:
Rachel Scott. Tweets:
@madebygoogle, @googlepixel_us, @captain2phones, @sondesix, @markgurman, @captain2phones, @eli___k, @ow, @gartenberg, @techcrunch, @mkbhd, @mgsiegler, and @stshank
| David McCabe / New York Times: |
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards — Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
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The White House, The White House, Reuters, The Verge, BBC, The Guardian, Insider, AI Village, New York Times, Wired, Reuters, Bloomberg, PCWorld, Wall Street Journal, CIO Dive, The Record, Metaverse Post, CNN, Washington Post, and Financial Times
LinkedIn:
Jonathan S. Luzader and Carine de Meyere
Tweets:
@sayter, @amir, @rmac18, @alexeheath, @rmac18, @stevemoser, @rob_weissman, @civilrightsorg, @finmoorhouse, @pegobry, @ankareuel, @sebkrier, @nickadobos, @alondra, @adamthierer, @beauwoods, @donie, and @rowancheung
| Financial Times: |
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess the opportunities, guardrails, and principles for protecting competition — CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
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GOV.UK, GOV.UK, The Guardian, The Register, TNW, Computerworld, CNBC, Cryptopolitan, City A.M., Tech Monitor, Engadget, Sky News, Associated Press, Bloomberg, and Reuters
Tweets:
@s8mb, @cmagovuk, @daviddavismp, @emilybell, @stokel, @s8mb, @matthewlesh, @maxvonthun, @matthewlesh, @cmagovuk, @drphilipmarsden, and @s8mb
| Washington Post: |
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch — For years the tech giant published scientific research that helped jump-start its competitors. But now it's lurched into defensive mode.
More:
SemiAnalysis, Bloomberg, The Information, and Insider
LinkedIn:
Ivan Lee. Tweets:
@mobileraj, @hosseeb, @loomdart, @steipete, @jelleprins, @emostaque, @nathanbenaich, @nitashatiku, @jfischoff, @simonw, @adcock_brett, @oablanchard, @mathemagic1an, @taliaringer, @kantrowitz, and @hughlangley
| Annie Palmer / CNBC: |
Shopify sells its logistics unit to supply chain tech company Flexport, after building the operation for years and acquiring Deliverr for $2.1B in May 2022 — - Shopify is selling its logistics unit to supply chain technology company Flexport. — The Canadian e-commerce company …
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Shopify, The Information, TechCrunch, San Francisco Business Journal, Reuters, Bank Automation News, SiliconANGLE, Tech Xplore, WRAL TechWire, PYMNTS.com, Crunchbase News, Silicon Republic, BetaKit, TechCrunch, Wall Street Journal, Insider, FreightWaves, and Flexport, Inc.
LinkedIn:
Ryan Smith, Victor Elmann, and David Marczak
Tweets:
@stevemilton, @typesfast, @sub8u, @juokaz, @buccocapital, @modestproposal1, @ccm_ryan, @juokaz, @ryanmcraver, @itsjoekent, @thetranscript_, @tishacm, and @benedictevans
| Ilya Banares / Bloomberg: |
More:
Reuters, Shopify, NBC News, The Register, The Hill, The Information, CNBC, and Globe and Mail
Tweets:
@delrey, @ow, @mikelltaylor, and @elliotjaystocks
| Bloomberg: |
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena — Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors …
More:
Investor's Business Daily, Reuters, BigTechWire, CNBC, Thurrott, Neowin, and WinBuzzer
LinkedIn:
Dina Bass. Tweets:
@newsynick, @dylan522p, @tomwarren, @dinabass, @swiftonsecurity, and @benbajarin
| Emma Roth / The Verge: |
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix — Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
More:
Discord Blog, Gizmodo, TechSpot, BBC, SlashGear, Windows Central, PCWorld, Candid.Technology, Android Headlines, GameSpot, Mashable, Kotaku, and TechCrunch
Tweets:
@bcarr, @generaltekno, @_riinchu_, @cosbunny, @kuromibatwings, @yuureiriri, @miiulysses, and @yinsdere
| Tom Warren / The Verge: |
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins — Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
More:
The Official Microsoft Blog, Ars Technica, Windows Central, Windows Central, The Verge, TechRepublic, SlashGear, CNBC, Fast Company, Bloomberg, ExtremeTech, Cointelegraph, Search Engine Journal, Cryptopolitan, Gizchina, Thurrott, T3, PCMag, PCWorld, Analytics Insight, GeekWire, Search Engine Land, Engadget, TechCrunch, and VentureBeat
LinkedIn:
Satya Nadella and Brad Abrams
Tweets:
@mtholfsen, @tomwarren, @nonmayorpete, @tomwarren, @jordirib1, @yusuf_i_mehdi, @tomwarren, @zacbowden, and @satyanadella
| Erin Woo / The Information: |
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested the company may try to raise as much as $100B in the coming years — OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
More:
San Francisco Business Journal and The Wrap
Tweets:
@baykenney, @brianmcc, @garymarcus, @mtrc, @amir, @alexjc, @kantrowitz, @ericjackson, and @hammer_mt
| David Pierce / The Verge: |
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform” — If you want to be a member of Mozilla.Social, Mozilla's new Mastodon instance, you're not allowed to harass other users.| Bill Peters / MarketWatch: |
Coinbase reports Q1 revenue down 34% YoY to $772.5M, vs. $655M est., net loss down 82% YoY to $78.9M, $145B in trading volume, vs. $147.7B est.; COIN jumps 8%+ — 'The crypto industry continues to be volatile, as evidenced most recently by the disruptions in the banking sector and ongoing regulatory uncertainty,' executives say
More:
Coinbase, PYMNTS.com, CoinDesk, Bloomberg, TechCrunch, CryptoGlobe, Fortune, Reuters, and CryptoSlate. Tweets:
@coinbase
| Joseph Menn / Washington Post: |
A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators — The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined
More:
The Register, Bloomberg, Axios, BankInfoSecurity.com, and Gizmodo
Tweets:
@mariadinzeo and @oxleyio
| Emily Bary / MarketWatch: |
Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M — Company raises full-year forecast on a profit metric — Block Inc. posted a big beat on an adjusted earnings metric for its most recent quarter as it … | Kyle Wiggers / TechCrunch: |
Hugging Face and ServiceNow Research release StarCoder, a free alternative to code-generating AI systems like GitHub Copilot, as part of their BigCode project — AI startup Hugging Face and ServiceNow Research, ServiceNow's R&D division, have released StarCoder, a free alternative …
More:
VentureBeat, InfoWorld, SiliconANGLE, Hugging Face, Silicon Republic, and ServiceNow. Tweets:
@servicenownews
| Denny Jacob / Wall Street Journal: |
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., net loss down 3% YoY to $162M, and total orders up 27% YoY to 512M — Food-delivery company's revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged in the latest quarter as consumers continued …
More:
The Information, Reuters, Bloomberg, DoorDash, and Fast Company
| Kate Morgan / Wall Street Journal: |
Some Gen Z Americans are buying flip phones like the $75 TCL Classic or the $90 Nokia 2780, seeking a break from endless social media and email notifications — Modern models are a bit smarter than those from the early 2000s, but still offer a needed break from endless notificationsSponsor Posts
Airtable:
Deep analysis for deep questions — Introducing Superagent. A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
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Clay:
Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
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Zoho:
Streamline payment collections in Singapore with PayNow and GrabPay — Under the “Smart Nation” initiative, Singapore is making a transformation towards cashless and quick payment options.
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IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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Invest Like the Best:
Josh Kushner - Concentration and Conviction
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Channels with Peter Kafka:
Janice Min on Hollywood's Crisis; Reed Duchscher on the Creator Boom
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
The Social Radars:
Tom Blomfield, Partner, Y Combinator; Co-Founder, Monzo
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Cheeky Pint:
Ramp founder Eric Glyman on the many ways AI is changing corporate spending
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Lenny's Podcast:
Sequoia CEO coach: Why it's never been easier to start a company, and never been harder to scale one | Brian Halligan (co-founder, HubSpot)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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