Techmeme
February 1, 2024, 9:10 PM

Top News

Apple:
Apple reports Q1 revenue up 2% YoY to $119.6B, net income up 13% to $33.9B, Americas sales up 2% to $50.4B, Europe sales up 10% to $30.4B  —  Services revenue reaches new all-time record EPS up 16 percent to new all-time high  —  Apple® today announced financial results for its fiscal 2024 first quarter ended December 30, 2023.
Kif Leswing / CNBC:
William Gallagher / AppleInsider:
Sarah Perez / TechCrunch:
In Meta's earnings call, Mark Zuckerberg described Apple's new DMA rules as “so onerous” that he doubts any developer, including Meta, would adopt them  —  Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple's compliance with the EU's new Digital Markets Act …
Meta:
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023; META up 11%+  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2023.
Sarah Perez / TechCrunch:
Rohan Goswami / CNBC:
Jonathan Vanian / CNBC:
Sergiu Gatlan / BleepingComputer:
Cloudflare says it was hacked in November 2023 by a suspected “nation state attacker” who used auth tokens stolen in Okta's breach from October 2023  —  Cloudflare disclosed today that its internal Atlassian server was breached by a ‘nation state’ attacker who accessed its Confluence wiki …
Amazon:
Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2023.  Fourth Quarter 2023
Akash Sriram / Reuters:
Nick Bilton / Vanity Fair:
Interviews with Tim Cook, Greg Joswiak, James Cameron, Jon Favreau, and others on the Apple Vision Pro, using the device, developing the headset, and more  —  Inside Apple Park, the tech giant's CEO talks about the genesis of a “mind-blowing” new device that could change the way we live and work.
Joe Rossignol / MacRumors:
Kyle Wiggers / TechCrunch:
Google debuts ImageFX, an AI image generator underpinned by Imagen 2, with “expressive chips”, or keyword suggestions, and brings Imagen 2 to Vertex AI and Bard  —  Taylor Swift deepfakes be damned, Google is releasing a new AI-powered tool, TextFX, for image creation.
James Hunt / The Block:
The US EIA plans to begin surveying crypto miners' electricity use next week; the EIA justified the emergency data collection by citing BTC's 50% price increase  —  - The Energy Information Administration will begin surveying the electricity use of U.S. crypto miners next week …
Sergiu Gatlan / BleepingComputer:
CISA orders US federal agencies to disconnect all Ivanti Connect Secure and Policy Secure VPN appliances vulnerable to actively exploited bugs before February 3  —  CISA has ordered U.S. federal agencies to disconnect all Ivanti Connect Secure or Policy Secure VPN appliances vulnerable …
Sarah Perez / TechCrunch:
Amazon launches Rufus, an AI-powered shopping assistant trained on its product catalog and information from around the web, in beta for some US customers  —  Amazon announced today the launch of an AI-powered shopping assistant it's calling Rufus that's been trained on the e-commerce giant's product catalog …
Andrew J. Hawkins / The Verge:
Google plans to roll out a Google Maps feature that uses LLMs to analyze its data on 250M+ places and community insights to recommend places, starting in the US  —  Google is bringing generative AI to — where else?  — Google Maps, promising to help users find cool places through the use of large language models (LLM).
Sean Hollister / The Verge:
The US CPSC says Snap will recall all its Pixy selfie camera drones because their batteries pose a fire hazard; Snap sold fewer than 71K drones in four months  —  Snap gave up on its Pixy flying selfie camera drone after just four months, but it turns out the company sold 71,000 drones …
Richard Nieva / Forbes:
YouTube says YouTube Premium and Music have a combined 100M subscribers; CEO Neal Mohan says subscriptions have become a “meaningful part” of YouTube's business  —  YouTube CEO Neal Mohan told Forbes the subscription services are now a “meaningful part” of the business.
Asa Fitch / Wall Street Journal:
Intel delays the construction of its $20B Ohio chip fabs amid a slow rollout of US government grant money; sources: the fabs are now set to finish in late 2026  —  Construction on two factories now slated to be finished in late 2026 as company also waits for government incentives
Ashley Carman / Bloomberg:
UMG begins pulling its artists' music from TikTok after negotiations failed; videos featuring UMG-owned songs will be muted, and users can pick a new soundtrack  —  - Publisher behind Drake and Taylor Swift pushes for better pay  — Videos featuring Universal Music-owned songs will be muted
Dexter Thomas / Wired:

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