| Alphabet: |
Alphabet reports Q1 revenue up 12% YoY to $90.2B, net income up 46% to $34.54B, Services revenue up 10% to $77.3B, and Other Bets revenue down 9% to $450M — MOUNTAIN VIEW, Calif. - April 24, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2025.| Jennifer Elias / CNBC: |
Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October — Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell.| Todd Spangler / Variety: |
| Reuters: |
Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target; INTC drops 5%+ after hours — Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round … | Sean Hollister / The Verge: |
| Financial Times: |
Sources: Apple plans to move assembly of all US-sold iPhones, ~60M/year, to India by the end of 2026, as President Trump's trade war pushes a pivot from China — FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump's trade war| Benjamin Mullin / New York Times: |
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars — Ziff Davis, which owns more than 45 media properties, is accusing the tech company of infringing on the publisher's copyrights and diluting its trademarks.| Aisha Malik / TechCrunch: |
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook” — Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday.| Kyle Wiggers / TechCrunch: |
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today — OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic … | Emma Roth / The Verge: |
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on — The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.| Eleanor Olcott / Financial Times: |
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims its model had a higher propensity for “hallucinations” — Search group's chief makes rare criticism of China's generative artificial intelligence darling| Stephen Nellis / Reuters: |
Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models — Adobe (ADBE.O) said on Thursday it is adding image-generation artificial intelligence models from OpenAI and Alphabet's Google … | Pete Schroeder / Reuters: |
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC — U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities.| Leah Nylen / Bloomberg: |
US v. Google: a Yahoo executive estimates that a bid for Chrome would cost tens of billions of dollars, and says Yahoo “would be able to pursue it with Apollo” — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved … | Michael Peel / Financial Times: |
Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network — Researchers harness quantum mechanics to create communications system that can avoid being hacked — Scientists have sent messages … | Bloomberg: |
Meta lays off Reality Labs staffers, affecting Oculus Studios teams; sources: 100+ staff are affected, including those involved in Meta's hardware efforts — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved, but they face stiffer competition than ever.| Sarah Perez / TechCrunch: |
Meta moves Threads from Threads.net to Threads.com and updates its web app, including features to more easily access custom feeds, create new columns, and more — Instagram Threads, Meta's newest social network and X competitor, is officially relocating from the website Threads.net to Threads.com.| Hayden Field / CNBC: |
Motorola's new Razr phones will include Perplexity's AI search engine, as part of a distribution partnership that lets Perplexity gain users rather than revenue — Perplexity AI is getting in on the smartphone game. — The startup on Thursday announced a partnership to bring … | Allison Johnson / The Verge: |
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| Sonali Basak / Bloomberg: |
| Mark Gurman / Bloomberg: |
| Financial Times: |
| Wayne Ma / The Information: |
| Kevin Roose / New York Times: |
| Adrienne So / Wired: |