August 4, 2023, 1:00 PM

Top News

Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B  —  Services revenue reaches new all-time high Installed base of active devices sets all-time record
Stephen Nellis / Reuters:
Aaron Tilley / Wall Street Journal:
Todd Spangler / Variety:
Manish Singh / TechCrunch:
India delays import limitations on laptops, tablets, and servers, giving companies a “transition period” of at least one month to obtain licenses  —  India is delaying the implementation of its import limitations on laptops, tablets, and servers, a day after the unexpected …
Sankalp Phartiyal / Bloomberg:
Apple, Samsung, and others freeze imports of laptops and tablets to India; sources say India's sudden import license rules caught the industry by surprise  —  - India surprised industry with new import license requirement  — Modi government seeks to promote domestic manufacturing
Martin Coulter / Reuters:
To comply with EU DSA, TikTok will let users turn off personalized recommendations in the For You feed, remove targeted ads for those aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations.
Emma Roth / The Verge:
Coinbase asks a judge to dismiss the SEC's lawsuit against it, arguing that the case falls outside the agency's authority as Coinbase doesn't trade securities  —  Coinbase is asking a judge to dismiss the Securities and Exchange Commission's lawsuit against it.
Yogita Khatri / The Block:
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+  —, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023.
Annie Palmer / CNBC:
Bobby Allyn / NPR:
Background actors describe studios scanning their bodies and worrying over the lack of control of their digital likenesses, a key issue in the SAG-AFTRA strike  —  After four weeks of working as a background actor on the Disney+ series WandaVision during the pandemic, Alexandria Rubalcaba …
Ilya Lichtenstein, who earlier pled guilty to laundering $4.5B in bitcoin stolen via Bitfinex's 2016 hack, admits in court to being the original Bitfinex hacker  —  - A New York man admitted being the original hacker of bitcoin in the 2016 hack on Bitfinex he pleaded guilty in federal court …
Rohan Goswami / CNBC:
SEC filing: Alphabet sold ~90% of its stake in Robinhood as of June 30, as it pares back large positions in multiple publicly traded firms, including Duolingo  —  - Google parent Alphabet has pared back large positions in multiple publicly traded firms, including the trading platform Robinhood, 23andMe and Duolingo.

Sponsor Posts
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
LLMs can label data as well as humans, but 100x faster  —  Looking to clean, label or enrich your data, but taking too much time?  Just describe your problem to our LLMs and let them do the work for you in minutes.
Some of our recent app advancements that you should know about  —  In our unwavering commitment to sustaining a competitive edge and delivering top-tier products and experiences to our users, research and development remains our foremost investment area.
Web3 Security: Safeguarding Digital Assets in a Decentralized World  —  Discover crucial Web3 security practices in the ever-evolving landscape of decentralization and digital assets.
Techmeme Ride Home:
Tue. 12/05 - 23andMe Hack Just Keeps Getting Worse
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, August 4, 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.

More News


Earlier Picks

Nupur Anand / Reuters:
Brian Fung / CNN:
Jess Weatherbed / The Verge:
Devin Coldewey / TechCrunch:
Kris Holt / Engadget:
Arjun Kharpal / CNBC: