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May 3, 2024, 7:40 AM
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| Kif Leswing / CNBC: |
Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B — Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
More: MacRumors, 9to5Mac, Yahoo Finance, The Verge, Reuters, Light Reading, Times of India, CryptoGlobe, Inc.com, Neowin, Spyglass, Reuters, iMore, Tech in Asia, AppleInsider, Associated Press, Bloomberg, Six Colors, Financial Times, News18, Fast Company, Cult of Mac, The Economic Times, The Register, YourStory, 9to5Mac, Business Insider, Tom's Guide, The Guardian, Hindustan Times, Forbes, BusinessLIVE, The Apple Post, Irish Examiner, FX Empire, New York Times, iPhone in Canada Blog, The Information, Axios, AppleInsider, MacRumors, Wall Street Journal, Financial Times, 9to5Mac, Daring Fireball, BNN Bloomberg, Business Post, Fox Business, and MacDailyNews
X: @neilcybart, @neilcybart, @neilcybart, @munster_gene, @neilcybart, @markgurman, @neilcybart, @lanceulanoff, @munster_gene, @neilcybart, and @htsfhickey. LinkedIn: Roderick Mann
Forums: r/technology and r/wallstreetbets
| Apple: |
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5% after hours — Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
More: Finbold, Reuters, TechCrunch, 24/7 Wall St., Six Colors, Bloomberg, Benzinga, SiliconANGLE, Proactiveinvestors UK, Business Times, TipRanks Financial, MobileSyrup, The Apple Post, Constellation Research, Neowin, Invezz, The Irish Times, Macworld, MacStories, Yahoo Finance, Investor's Business Daily, BGR, Investing.com, NewsBytes, Patently Apple, and Daring Fireball
Threads: @carnage4life, @neil.cybart, and @chancehmiller
X: @tomwarren, @donmiami3, @jsnell, @garrytan, @munster_gene, @metacriticcap, @scobleizer, @mgsiegler, @jerrycap, @donmiami3, and @munster_gene. LinkedIn: Emil Protalinski
Forums: r/economy, r/stocks, r/dividends, r/wallstreetbets, and r/apple
| Wesley Hilliard / AppleInsider: |
More: Silicon Republic, Spyglass, UploadVR, MIXED Reality News, Benzinga, Wccftech, MacRumors, and UploadVR
Threads: @heaney_555. Bluesky: @realphilgold.bsky.social. X: @whopio, @fjeronimo, @markgurman, @neilcybart, @thetranscript_, @munster_gene, @uploadvr, @neilcybart, @fjeronimo, @xpangler, @supbagholder, @t3mporarybl1p, @sadlyitsbradley, @alex4d, @jimcramer, @paterfamilias, and @heaney555
| Nikkei Asia: |
More: Fortune, Silicon UK, Retail Sector, Pandaily, and TechCrunch
Mastodon: @asymco@mastodon.social. X: @neilcybart, @neilcybart, @lexnfx, @fjeronimo, @neilcybart, and @jimcramer
Forums: r/apple and r/technology
| Todd Spangler / Variety: |
| Sudz Niel Kar / MyHealthyApple: |
Apple Watch's AFib history feature gets FDA approval for use in clinical studies, the first digital health tech qualified under FDA's MDDT program — The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).
More: TechRadar, U.S. Food and Drug …, Tom's Guide, 9to5Mac, The Verge, Android Headlines, Cardiovascular Business, Mashable, MacRumors, and Cult of Mac
X: @mgalvosas and @kenny_allen
| MacKenzie Sigalos / CNBC: |
Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%; SQ jumps 7%+ after hours — Block Inc logo is seen displayed in this illustration taken, April 10, 2023. — Block reported first-quarter earnings after the bell that exceeded analysts' estimates.
More: Block, Unchained, crypto.news, Cryptonews, PYMNTS.com, Investor's Business Daily, Cointelegraph, and Benzinga
| Paige Smith / Bloomberg: |
| Aria Alamalhodaei / TechCrunch: |
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time — Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
More: Hubble Network. Mastodon: @mathowie@xoxo.zone. X: @dangrover, @lacostejonathan, @bdsams, @lacostejonathan, @hubble_network, @aaron_epstein, @lacostejonathan, and @lacostejonathan. LinkedIn: David Paauwe. Forums: Slashdot
| Natasha Lomas / TechCrunch: |
Apple adds carveouts to its EU core tech fee, exempting free app developers and giving those with annual global revenue under €10M a three-year “free on-ramp” — Apple is tweaking how it applies a new fee that can apply to iOS developers in the European Union as it continues …
More: Apple Developer, MacRumors, Ars Technica, The Statesman, The Verge, GSMArena.com, Forbes, Cult of Mac, mjtsai.com, Android Headlines, Thurrott, Computerworld, iPhone in Canada Blog, Six Colors, AppleInsider, MacStories, The Irish Times, iMore, Silicon Republic, The Indian Express, and Pixel Envy
Threads: @eric_seufert. Mastodon: @stroughtonsmith …, @paul@tapbots.social, @stroughtonsmith …, @elkmovie@mastodon.social, and @rileytestut@mastodon.social
Forums: r/Delta_Emulator and Slashdot
| Lisa O'Carroll / The Guardian: |
Germany says it found evidence that Russian state-backed hacker Fancy Bear was behind a cyberattack in 2023 that took down several German government websites — Foreign minister says investigation found Fancy Bear group was behind attack that took down several websites| Olga Kharif / Bloomberg: |
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ — - Consumer transaction revenue almost doubled from last quarter — Urges ‘caution in extrapolating’ results so far this quarter
More: Fortune, CNBC, Cryptonews, Coinbase, Bitcoin Insider, CoinGape, Cointelegraph, Crypto Briefing, Decrypt, The Information, and The Block
| Michael Kan / PCMag: |
Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison — Some of the networking equipment sold by 40-year-old Onur Aksoy 'ended up in US hospitals, schools, and highly sensitive military …
More: US Department of Justice, CRN, Cybernews.com, BleepingComputer, and The Register
| Meir Orbach / CTech: |
Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process — The companies recently signed a Letter of Intent with the aim of completing a deal for around $150-200 million.
LinkedIn: Dennis V. and Matthew Smith
| Bloomberg: |
Microsoft adds deputy chief information security officers within its product groups after a spate of cyberattacks, but declines to identify the new officials — Ann Johnson named deputy security officer to oversee outreach and communication about company's security
More: Benzinga
| Lindsay Clark / The Register: |
A committee of UK legislators says the government's reticence to address alleged copyright theft is a “de facto endorsement” of the way tech firms build LLMs — A committee of UK legislators has slammed the government for its response to alleged copyright theft as a …
More: Lords Communications and Digital Committee, The Times, and Cointelegraph
X: @lordscommscom and @lordscommscom
| Eleanor Olcott / Financial Times: |
A look at four Chinese generative AI startups, Zhipu AI, Moonshot AI, MiniMax and 01.ai, which have been valued between $1.2B and $2.5B in the past three months — Zhipu AI, Moonshot AI, MiniMax and 01.ai are striving to rival the success of US counterparts
More: Benzinga and Cointelegraph
| Katie Deighton / Wall Street Journal: |
Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools — Digital photography ravaged the business of taking and licensing commercial photos. Some fear AI will kill it off entirely.
X: @dollydeighton, @amssvs, and @roncinephile
| Tom Warren / The Verge: |
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS — Microsoft is fully rolling out passkey support for all consumer accounts today. After enabling them in Windows 11 last year …
More: Microsoft Security Blog, 9to5Mac, Silicon Republic, BetaNews, Ghacks, MySmartPrice, O'Grady's PowerPage, Gizchina, The Register, FIDO Alliance, iThinkDifferent, iClarified, Android Headlines, SiliconANGLE, iMore, Thurrott, iPhone in Canada Blog, TweakTown, PCWorld, ZDNet, Digital Spy, AppleInsider, Engadget, Neowin, MSPoweruser, and Washington Post
Threads: @rstephens. X: @tomwarren. LinkedIn: Sangeeta Ranjit, Joy Chik, Scott Bingham, and Vasu Jakkal
| Jess Weatherbed / The Verge: |
More: The Keyword, The Hacker News, ZDNet, Google Online Security Blog, Neowin, Laptop Mag, PhoneArena, Android Headlines, Thurrott, Chrome Unboxed, 9to5Google, Engadget, PCMag, and SiliconANGLE
LinkedIn: Grace Hoyt and Heather Adkins
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