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May 3, 2024, 12:50 PM
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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.
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Threads: @barbarosozturk, @jdrch, @shiraovide, and @xzed87
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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% — Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
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Forums: r/economy, r/wallstreetbets, r/stocks, r/dividends, and r/apple
| Wesley Hilliard / AppleInsider: |
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| Nikkei Asia: |
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| Todd Spangler / Variety: |
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Threads: @brahmshank. Mastodon: @stroughtonsmith …. X: @htsfhickey, @carnage4life, @pkafka, @mgsiegler, and @drbarnard
| Bloomberg: |
Microsoft announces new anti-hacking initiatives and adds deputy chief information security officers to its product groups after several serious cyberattacks — Among other efforts to shore up its anti-hacking defenses, the company is prioritizing security over product development.
More: The Information, WinBuzzer, ITPro Today, CSO, and Benzinga
| Sudz Niel Kar / MyHealthyApple: |
The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the 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).| Ashley Stewart / Business Insider: |
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more — Insiders say he's still pulling the strings at Microsoft — In 2017, just before Microsoft forged a partnership …
More: Analytics India Magazine and Windows Copilot News
Bluesky: @marypcbuk.bsky.social. X: @scottjla, @tomwarren, @_darrencohen, @timothywschwab, @hkanji, and @timothywschwab
LinkedIn: David Subar, Ashley Stewart, and Alistair Barr
| 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 how tech companies build LLMs — A committee of UK legislators has slammed the government for its response to alleged copyright theft as a … | Sarah Perez / TechCrunch: |
Filing: Google pushes back on Epic's demands after its antitrust win, saying the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict — In a new filing, Google is pushing back against Fortnite maker Epic Games' numerous proposed remedies … | Lisa O'Carroll / The Guardian: |
Germany “unambiguously” finds that Russian state-backed hacker Fancy Bear was behind cyberattacks in 2023 that took down several German government websites — Investigation finds hacker group linked to Russian intelligence responsible for attacks targeting politicians and defence sector| Mark Gurman / Bloomberg: |
What to expect from Apple's May 7 event: OLED iPad Pros possibly with M4 chips, 10.9" and 12.9" iPad Airs, and updates to the Apple Pencil and Magic Keyboard — Company gears up to update its tablets for the first time since 2022 — It's been more than 18 months since Apple Inc. last updated …
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| Eva Dou / Washington Post: |
The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment — The FCC chairwoman warns that rural areas are set to lose cell service if Congress does not fill a $3 billion shortfall in funding to replace Chinese technology.
More: The Verge, Huawei Central, Android Headlines, and PhoneArena
| 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: Interesting Engineering and Hubble Network
Mastodon: @mathowie@xoxo.zone. X: @dangrover, @lacostejonathan, @bdsams, @lacostejonathan, @hubble_network, @aaron_epstein, @lacostejonathan, and @lacostejonathan. LinkedIn: David Paauwe. Forums: Slashdot
| Dan Primack / Axios: |
SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cash — - SVB Capital wasn't included in the sale of SVB's lending and wealth management units to North Carolina-based bank First Citizens … | 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% — 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: investors.block.xyz, Payments Dive, Block, Benzinga, Unchained, Cryptonews, The Information, PYMNTS.com, and Cointelegraph
| Paige Smith / Bloomberg: |
| Jess Weatherbed / The Verge: |
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program — Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
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LinkedIn: Grace Hoyt and Heather Adkins
| Tom Warren / The Verge: |
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Threads: @rstephens. X: @tomwarren. LinkedIn: Sangeeta Ranjit, Joy Chik, Scott Bingham, and Vasu Jakkal
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