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May 1, 2025, 7:30 PM
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Apple Inc.:
Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.66B est., net income up 5% YoY to $24.78B, and China net sales down 2% YoY to $16B  —  Services revenue reaches new all-time high  —  EPS sets March quarter record … The Company posted quarterly revenue of $95.4 billion …
Kif Leswing / CNBC:
Apple Q2: iPhone up 2% YoY to $46.84B, vs. $45.84B est., Mac up 7% to $7.95B, iPad up 15% to $6.4B, and Wearables, Home, and Accessories down 5% to $7.52B  —  Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company's closely-watched Services division came up light versus estimates.
Todd Spangler / Variety:
Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, a new record but below $26.7B est.  —  The company overall topped Wall Street estimates for the quarter as investors awaited word on how President Trump's tariffs might hurt its business.
Benjamin Mayo / 9to5Mac:
Tim Cook says Apple estimates tariffs will add $900M in costs for the June quarter, assuming the current tariff policy remains in place
Amazon.com, Inc.:
Amazon reports Q1 revenue up 9% YoY to $155.7B, operating income up 20% YoY to $18.4B, and net income up 64% YoY to $17.1B; AMZN drops ~4% after hours  —  - Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024.
Zac Hall / 9to5Mac:
Epic Games says it will take a 0% store fee from developers on their first $1M in revenue per app per year, and plans to let developers open their own webshops  —  Less than 24 hours after Apple's legal defeat over its App Store model, Epic Games is wasting no time.
Josh Sisco / Bloomberg:
A US judge rules that Apple violated a 2021 court order to open the App Store to third-party payment options, and refers the case for a criminal investigation  —  Gonzalez Rogers also referred the case to federal prosecutors to investigate whether Apple committed criminal contempt of court for flouting her 2021 ruling.
More: Ars Technica, United States District Court Northern District of California, The Verge, 9to5Mac, Wired, PYMNTS.com, Wall Street Journal, Daring Fireball, TechCrunch, MacRumors, Forbes, Deadline, New York Times, MacRumors, Business Insider, BIG by Matt Stoller, TechCrunch, Spyglass, The Information, iDownloadBlog.com, BBC, iThinkDifferent, TechRadar, Washington Examiner, Six Colors, Yahoo Finance, Mobile Dev Memo, iDrop News, Digital Music News, Redmond Pie, Gizmodo, GameSpot, CGMagazine, Digital Trends, New York Post, Investopedia, The Hill, Raleigh News & Observer, Daily Jang, UPI, Engadget, Android Authority, GamesIndustry.biz, Eurogamer.net, Financial Times, and Axios
Bluesky: @riley.social, @amyklobuchar.com, @rileytestut.mastodon …, @elkmovie, @jonikorpi.com, @manton.org, @reckless, @ernie.tedium.co, @wario64, @reckless, @reckless, and @reckless
Mastodon: @sinbad@mastodon.gamedev.place, @jgordon@appdot.net, and @kirb@hachyderm.io
Threads: @benedictevans and @timothybucksf
X: @timsweeneyepic, @markgurman, @bzamayo, @rauchg, @dhh, @dhh, @pat_garofalo, @stevemoser, @azianmike, @seanobannon_, @dhh, @jeiting, @dhh, @jasonfried, @dhh, @mayazi, @markgurman, @geneburrus, @amandalws, @ericmigi, @timsweeneyepic, @tomwarren, @balancecrafting, @timsweeneyepic, @jason_kint, @jason_kint, @keleftheriou, @joannastern, @balancecrafting, @nhegde, @sladebond, @steventey, @apollozac, @alexeheath, @jason_kint, @mikeisaac, @alexeheath, @alexeheath, @mgsiegler, @matthewstoller, and @markgurman.  LinkedIn: Daniel Rubio Sánchez
Forums: r/LinusTechTips, r/atrioc, r/wallstreetbets, r/GeForceNOW, r/technology, r/iphone, and r/applesucks
Jay Peters / The Verge:
Spotify says it submitted an iOS app update letting US customers use other payment options beyond Apple's; Patreon earlier said it would do the same  —  The streaming company has already submitted an update to its iOS app following the major ruling in Epic Games v. Apple.
Zac Hall / 9to5Mac:
Tim Sweeney says Epic plans to submit Fortnite to the US iOS App Store next week and “puts forth a peace proposal” to end all litigation over App Store policies
Tom Warren / The Verge:
Microsoft raises the prices of its Xbox Series S and X consoles, Xbox controllers, and some new Xbox games globally; the consoles are priced $80 to $100 more  —  New first-party Xbox games are moving from $69.99 to $79.99 later this year, but there are no Xbox Game Pass increases.
Kristina Partsinevelos / CNBC:
Nvidia says Anthropic is telling “tall tales” after the startup argued for tighter export controls by saying China is smuggling chips in “prosthetic baby bumps”  —  Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect.
Lindsay Clark / The Register:
Redis, which makes the Redis value-key database, returns its main system to open-source license AGPL, after criticism in 2024 for moving to a dual-license model  —  New plan may remain too restrictive for some developers  —  Redis, the company behind the popular value-key database of the same name …
Jess Weatherbed / The Verge:
Google says “a small percentage” of Search users in the US will start seeing an AI Mode chatbot tab “in the coming weeks”; AI Mode uses Google's search index  —  An AI Mode tab will soon start appearing in Search for a handful of US users.
Noam Scheiber / New York Times:
In a case related to its Activision acquisition, Microsoft dropped a law firm that settled with President Trump in favor of a firm that is fighting a Trump EO  —  The tech giant instead engaged a firm that is fighting the president's executive orders, Jenner & Block, in a sign that those firms can still attract clients.
Ethan Gach / Kotaku:
Polygon staff, including co-founder and EIC Chris Plante, say the video games publication has laid them off, after Vox Media sold Polygon to publisher Valnet  —  One of the biggest gaming sites around was just blown up  —  The video game website Polygon has been sold to Valnet and much of its staff …
Kyle Wiggers / TechCrunch:
Anthropic launches Integrations to connect apps to Claude, and expanded deep research tool Advanced Research, in beta for Claude Max, Team, and Enterprise users  —  Anthropic on Thursday launched a new way to connect apps and tools to its AI chatbot Claude, as well as an expanded “deep research” …
Sam Tobin / Reuters:
London's Court of Appeal rules Apple must pay Optis $502M as a lump sum for using Optis' 4G patents from 2013 to 2027, overturning a 2023 High Court decision  —  Apple (AAPL.O) must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads …
Ben Thompson / Stratechery:
Q&A with Mark Zuckerberg on LlamaCon, Llama API, Meta's AI opportunity, social networking 2.0, Ray-Bans, Apple, the Meta AI app, tariffs, Reality Labs, and more  —  An interview with Meta CEO Mark Zuckerberg about Llama and the AI opportunity, the evolution of social medial, and what it means to connect.
John Pavlus / Quanta Magazine:
An oral history from 19 current and former natural language processing researchers of the past five years, including how LLMs and ChatGPT disrupted their fields  —  Researchers in “natural language processing” tried to tame human language.  Then came the transformer. sking scientists …
Todd Spangler / Variety:
Roku reports Q1 revenue up 16% YoY to $1.02B vs. $1.01B est., a net loss of $27.4M, compared to $50.9M a year ago; ROKU drops 5%+ after hours  —  Roku turned in first-quarter 2025 earnings that edged out Wall Street forecasts and announced a $185 million deal to buy Frndly TV …

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From Mediagazer

Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department

Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations

Tom Jones / Poynter:
MS NOW announces financial backing for the Pulitzer Center, and collaborations with The Marshall Project on ICE and States Newsroom to feature state reporting

More News

Aisha Counts / Bloomberg:
LinkedIn says it will share ad revenue with creators for the first time, starting with 30 B2B creators, and says users now watch 36% more videos than a year ago

Earlier Picks

Alex Isenstadt / Axios:
In an hour-long Q&A with reporters, Elon Musk talked DOGE, including acknowledging its shortcomings, leaving the US government, working with Trump, and more
Maxwell Zeff / TechCrunch:
A study from Cohere, Stanford, MIT, and Ai2 accuses LMArena of helping Meta, OpenAI, Google, and Amazon game its popular crowdsourced AI benchmark Chatbot Arena
Alex Heath / The Verge:
Tools for Humanity launches Worldcoin in most of the US, including via crypto exchanges like Coinbase, and debuts a portable “orb mini” device for iris scanning
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