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April 25, 2025, 9:05 AM
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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:
Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est.
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:
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy
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.
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.
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:
Motorola unveils three new Razr models, including the $1,300 Razr Ultra flip phone with a 7-inch inner and 4-inch outer screen and wood option, shipping May 15

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From Mediagazer

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Brian Steinberg / Variety:
Sources: Anderson Cooper has signed a new deal with CNN

More News

Earlier Picks

Mark Gurman / Bloomberg:
Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering
Wayne Ma / The Information:
Sources: earlier in 2025, Chinese authorities refused to let an Apple equipment supplier export machinery to India needed for the iPhone 17's trial production
Kevin Roose / New York Times:
An interview with Kyle Fish, who Anthropic hired in 2024 as a welfare researcher to study AI consciousness and estimates a ~15% chance that models are conscious
Adrienne So / Wired:
On the Apple Watch's 10th anniversary, a look at how Apple reshaped the watch industry and ushered in a new age of fitness tracking
Mediagazer memeorandum WeSmirch
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