Techmeme
April 30, 2024, 8:25 PM

Top News

Elizabeth Lopatto / The Verge:
US judge sentences Binance founder Changpeng Zhao to four months in prison  —  Binance founder Changpeng Zhao was sentenced to four months in prison for failing to establish adequately anti-money laundering protections.  Zhao, once the head of the largest crypto exchange in the world, pleaded guilty in November 2023.
Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
Jordan Novet / CNBC:
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY  —  Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than Wall Street had expected.
Jeff John Roberts / Fortune:
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M  —  The Justice Department announced on Tuesday it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with mail fraud and filing false tax returns.
Mishaal Rahman / Android Authority:
An APK review suggests the Rabbit R1 runs Android and its entire user interface is powered by a single Android app  —  The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood.  —  •  —  TL;DR  — The Rabbit R1 is an AI-powered …
Kif Leswing / CNBC:
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY  —  Advanced Micro Devices reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations …
Sarah Perez / TechCrunch:
Screenshots seem to show TikTok circumventing Apple's App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs  —  TikTok may be routing around the App Store to save money on commissions.  According to new findings, the ByteDance-owned social video app …
Todd Bishop / GeekWire:
Amazon makes its AI assistant Amazon Q generally available and adds an “app creator” in preview to let employees build generative AI apps based on company data  —  Amazon says it will give non-developers the ability to create apps using natural language as part of a new feature for Amazon Q …
Derek Andersen / Cointelegraph:
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost  —  The integration brings instantaneous transfers on the layer-2 Lightning Network to the world's biggest Bitcoin exchange.  —  Total views
Marko Zivkovic / AppleInsider:
Source: Apple is testing Safari 18 features, including more advanced content blocking and an AI-powered Intelligent Search tool, expected to debut later in 2024  —  Apple is testing a version of its Safari web browser that includes UI tweaks, advanced content blocking features …
Bloomberg:
The EU opens a DSA investigation into Meta over deceptive Facebook and Instagram ad and political content; sources say the probe is about a pro-Kremlin campaign  —  - Probe said to target pro-Putin Doppelganger campaign  — Meta probe is under the EU's tough new Digital Services Act
Katie Robertson / New York Times:
Eight daily newspapers owned by Alden, the second-largest US newspaper operator, sue OpenAI and Microsoft for allegedly using copyrighted articles to train AI  —  The suit, which accuses the tech companies of copyright infringement, adds to the fight over the online data used to power artificial intelligence.
BBC:
A Finnish court sentences hacker Julius Kivimäki to six years and three months, after he breached a healthcare database and tried to blackmail 33,000 people  —  One of Europe's most wanted cyber criminals has been jailed for attempting to blackmail 33,000 people whose confidential therapy notes he stole.
Zeba Siddiqui / Reuters:
UnitedHealth CEO Andrew Witty plans to say before a US House panel on May 1 that hackers exploited a Citrix vulnerability to breach UnitedHealth on February 12  —  Hackers broke into UnitedHealth's (UNH.N) tech unit on Feb. 12 by exploiting a security vulnerability in software from private …
Pieter Haeck / Politico:
EU Commission President Ursula von der Leyen says a TikTok ban is “not excluded” and “we know exactly the danger of TikTok”, during a 2024 election debate  —  The remark comes amid a streak of bad news for TikTok in Europe.  —  Commission President Ursula von der Leyen hinted …
Ivan Mehta / TechCrunch:
The Browser Company debuts Arc on Windows, after testing began in December 2023, and says the Windows app has 150K+ users; the macOS app shipped in July 2023  —  The Browser Company, makers of the Arc web browser, released its Windows version today.  The company started testing the Windows client …
Chris Welch / The Verge:
Beats announces $200 Solo 4 on-ear wireless headphones, with up to 50 hours of battery life, and $80 wireless Solo Buds shipping in June 2024, both without ANC  —  Beats just announced its new Solo 4, its latest in a long line of on-ear wireless headphones.  The latest model, priced at $199.99, offers battery life of up to 50 hours.

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Earlier Picks

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Maciej Pocwierz:
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Bloomberg:
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