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May 1, 2025, 10:10 PM
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| Apple Inc.: |
Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.6B est., China sales down 2% YoY to $16B, vs. $16.83B est., and authorizes a $100B share buyback program — 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.
More: TechCrunch, PCMag, Spyglass, Appleosophy, 9to5Mac, MarketWatch, and Financial Times
| 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.
More: New York Times, The Desk, and The Hollywood Reporter
X: @neilcybart, @edludlow, and @munster_gene
| Rolfe Winkler / Wall Street Journal: |
| Benjamin Mayo / 9to5Mac: |
| Amazon.com, Inc.: |
Amazon reports Q1 revenue up 9% YoY to $155.67B, vs. $155.04B est., operating income up 20% YoY to $18.4B, and forecasts Q2 operating income below estimates — - Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024.
More: Thurrott, CNBC, Bloomberg, MBI Deep Dives, Neowin, New York Times, and Associated Press
| Annie Palmer / CNBC: |
Amazon reports Q1 AWS revenue up 17% YoY to $29.3B, vs. $29.42B est., and AWS operating income up 23% YoY to $11.55B — Amazon reported better-than-expected results for the first quarter, driven by growth in its cloud computing and advertising businesses, but it gave soft guidance for the current period.
More: Reuters, Runtime, GeekWire, The Information, Adweek, The Times, Motley Fool, and Investor's Business Daily
| David Yaffe-Bellany / New York Times: |
Trump's World Liberty Financial says Abu Dhabi's MGX fund is making a $2B investment in Binance using World Liberty's USD1 stablecoin, raising ethical concerns — A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …
More: Reuters, Bloomberg, Blockworks, Washington Post, The Information, New Republic, The Block, New York Post, Rolling Stone, The Crypto Basic, Diane Ravitch's blog, and Cointelegraph
Bluesky: @hfgarcia, @danpfeiffer, @marypcbuk, @blumenthal.senate.gov, @wendysiegelman, @warren.senate.gov, @larryglickman, and @kenvogel
X: @justinsuntron, @justinsuntron, @wublockchain, @libsoftiktok, @iansams, @public_citizen, @kenvogel, @sawyerhackett, @janemayernyer, @donwinslow, @senblumenthal, @jonlemire, @timodc, @kenvogel, @richardhanania, @mattyglesias, @richardhanania, @justinsuntron, @zachwitkoff, @coindesk, @teresagoody, @erictrump, @trondao, @token2049, @senblumenthal, and @senwarren
Forums: r/economicCollapse and r/politics
| Jonathan Vanian / CNBC: |
Reddit reports Q1 revenue up 61% YoY to $392M, vs. $370M est., global daily active uniques up 31% to 108.1M, Q2 guidance above est.; RDDT jumps 5%+ after hours — Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance.
More: The Information, Investor's Business Daily, Reuters, and Business Wire
| 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.
More: The Game Business, Axios, Windows Central, Eurogamer.net, The Information, Ars Technica, IGN, Polygon, Video Games Chronicle, Variety, TheStreet, Kotaku, Game File, Forbes, Stevivor, TechPowerUp, BBC, PlayStation LifeStyle, International Business Times, The Sun, Cosmic Book News, Game Informer, New York Times, Mirror, MobileSyrup, PCWorld, BetaNews, WinBuzzer, Agence France-Presse, Engadget, ZeroHedge News, PCMag, XDA Developers, The Shortcut, Gameranx, Screen Rant, The Game Post, PYMNTS.com, Pure Xbox, and Engadget
Bluesky: @dmc-ryan, @parismarx.com, @fudgepop01, @crampell, @vicious696, and @tomwarren.co.uk. Mastodon: @joeo10@mastodon.sdf.org
Forums: r/xbox, r/AlternativeAmazonVGF, r/inflation, r/popculturechat, r/Piracy, r/MauLer, r/hardware, r/BDS, r/playstation, r/XboxSeriesS, r/pcgaming, r/KotakuInAction, r/pcmasterrace, r/StockMarket, r/SocialistGaming, r/videogamesbrasil, r/gamernews, r/CoDCompetitive, r/technology, r/gadgets, and r/technews
| Samantha Subin / CNBC: |
Airbnb reports Q1 revenue up 6% YoY to $2.27B, vs. $2.26B est., Gross Booking Value up 7% to $24.5B, forecasts Q2 revenue below est.; ABNB drops 5%+ after hours — Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast for the current period.| MacKenzie Sigalos / CNBC: |
Block reports Q1 revenue down 3% YoY to $5.77B, vs. $6.2B est., gross profit up 9% to $2.3B, below est., issues weak profit guidance; XYZ drops 18%+ after hours — WATCH NOW — Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook.
More: Bloomberg, PYMNTS.com, Capital Brief, Investor's Business Daily, Benzinga, and SiliconANGLE. Forums: r/wallstreetbets
| 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 … | Natalie Lung / Bloomberg: |
Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 4%+ after hours — Instacart posted its strongest order growth since 2022 for the first quarter and projected better-than-expected earnings for the current period …
More: The Information, Wall Street Journal, Instacart, and Chain Store Age
| 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.| Duncan Riley / SiliconANGLE: |
Atlassian reports Q3 revenue up 14% YoY to $1.36B, vs. $1.29B est., and a net loss of $70.8M, vs. a $12.8M net profit a year ago; TEAM drops 16%+ after hours — Shares in Atlassian Corp. were down nearly 18% in after-hours trading today after the Australian collaboration software company posted …
More: Capital Brief, Atlassian, Benzinga, Investor's Business Daily, Yahoo Finance, Reuters, and Motley Fool
| 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.
More: Anthropic, Forbes, PYMNTS.com, and Tom's Hardware
| 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.
More: Epic Games, MacRumors, TechCrunch, Daring Fireball, Pixel Envy, PocketGamer.biz, GamesRadar, Android Authority, Neowin, WinBuzzer, GSMArena.com, Vercel, iClarified, How-To Geek, CGMagazine, Liliputing, iThinkDifferent, Windows Central, Engadget, Mobilegamer.biz, Beebom, Business Insider, Reuters, and Moneycontrol
Bluesky: @klobuchar.senate.gov and @knoebel
X: @dimillian, @gruber, @deeketweak, @tomwarren, and @rauchg
LinkedIn: Steve Allison and Sean Palomino
Forums: r/virtualreality, r/apple, and MacRumors Forums
| Jay Peters / The Verge: |
More: Spotify, MacRumors, Reuters, Bloomberg Law, PYMNTS.com, 9to5Mac, TechCrunch, iClarified, Digital Trends, TechRadar, 9to5Mac, and 9to5Mac
X: @andyyen, @azianmike, @cramforce, @eric_seufert, @eric_seufert, @bindureddy, @aripap, @eric_seufert, @eric_seufert, @spotifynews, and @egorka
Forums: Slashdot and MacRumors Forums
| 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 …
More: antirez.com, Redis, and Simon Willison's Weblog
Bluesky: @cra.dev. Mastodon: @lightweight@mastodon.nzoss.nz. X: @simonw and @antirez. LinkedIn: Michel Tu
Forums: r/programming, r/linux, r/theprimeagen, and r/opensource
| Ivan Mehta / TechCrunch: |
On Meta's Q1 call, Mark Zuckerberg says WhatsApp now has 3B+ MAUs, up from 2B in February 2020 and 1.5B in January 2018; Facebook passed 3B MAUs in July 2023 — WhatsApp now has more than 3 billion people using it every month, Meta CEO Mark Zuckerberg noted during the company's Q1 results conference call on Wednesday.
More: Meta, TechCrunch, Sammy Fans, Daily Jang, Sigorta Haber, AutoGPT, WebProNews, and Nairametrics
Forums: r/whatsapp and r/technews
| 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.
More: MSNBC, Reuters, and Crain's Chicago Business
Bluesky: @evetoronaldo, @justinbaragona, @mmasnick, @amandamarcotte, @brunojnavarro, @markzaidesq, and @brianstelter. LinkedIn: Niko Härting
Forums: r/biglaw and r/politics
| 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.
More: The Verge, MacRumors, Bloomberg, AppleInsider, The Wrap, 9to5Mac, iPhone in Canada Blog, and Meta
Bluesky: @pud333 and @socialmedialab.ca
X: @firstadopter, @mgtalksretail, @sundeep, and @paulisci
| Bloomberg: |
Sources: the US weighs potentially easing restrictions on Nvidia chip sales to the UAE, as President Trump plans a bilateral deal during a visit to the country — - UAE plans to invest $1.4 trillion in US tech, infrastructure — Nvidia, other tech companies pushing for regulatory changes
More: Benzinga, TipRanks Financial, TheStreet, Select Committee on the CCP, Reuters, and Decrypt
| 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 …
More: The Verge, 404 Media, Ars Technica, Business Wire, Video Games Chronicle, The Wrap, and PC Gamer
Bluesky: @plante, @mmcwhertor, @petevolk, @mattreyn.games, @edzitron.com, @nicolecarpenter, @mattleone, @rappstar, @eyepatchguy, @knoebel, @aemccarthy, @tasharobinson, @food4dogs, @monagle, @botherer, @brkeogh, @palmerh, @jacoboller, @caseynewton, @nintendeal.com, @coachfinstock, @sunsetvisitor.studio, @jayasaxena.com, @ohnorosco, @ernie.tedium.co, @papapishu, @sethrosenthal, @jaypeters.net, @gamerswithglasses, @grubb.wtf, @parismarx.com, @seanokane, @alexnavarro, @timbeedle, @pattymo.com, @jaypeters.net, @samitsarkar, @plante, @alexaray, and @mtsw
X: @mikestrawmedia, @loudmouthjulia, @okayy_dan, @jacobkleinman, @toadsanime, @haasch_palmer, @cecianasta, @mattbrownep, @theotherfrost, @legsfrank, @cecianasta, @ohnorosco, @echoapsey, and @elmayimbe
LinkedIn: Ted Brown, Jessica Timms, and Chase C.
Forums: r/PolygonFans, r/Games, r/pcgaming, r/kindafunny, r/TheBesties, r/LastStandMedia, r/TwoBestFriendsPlay, r/giantbomb, r/TAZCirclejerk, r/xbox, r/MBMBAM, r/PS5, and Slashdot
| 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” …
More: Anthropic, CNET, SiliconANGLE, and AI 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 — - Networking site to share ad sales with 30 content creators — LinkedIn users watch 36% more video content than a year ago| Andrew J. Hawkins / The Verge: |
Aurora launches its commercial driverless trucking service, making deliveries between Dallas and Houston, and plans to expand to El Paso and Phoenix this year — After a slight delay, the company's autonomous trucks are finally hauling freight. … The company's Class 8 trucks …
More: Forbes, Aurora Innovation, Inc., Aurora, CNN, and Bloomberg
| Kyle Wiggers / TechCrunch: |
Microsoft releases three Phi-4 reasoning models on Hugging Face, expanding its Phi “small model” family, which it launched in May 2024 for AI app developers — Microsoft launched several new “open” AI models on Wednesday, the most capable of which is competitive with OpenAI's o3-mini on at least one benchmark.| Kevin McLaughlin / The Information: |
Sources: AWS is developing an AI-assisted coding service that offers features like Cursor and goes further than its current coding assistant, Amazon Q Developer — Artificial intelligence-assisted coding firms are some of the hottest startups in Silicon Valley right now, drawing attention from OpenAI, among others.| RT Watson / The Block: |
Tether says its “total exposure” to US Treasurys had neared $120B at the end of March, and reports $1B+ in Q1 operating profit from traditional investments — - Tether said its “total exposure” to U.S. Treasurys had neared $120 billion at the end of March.
More: Tether, Cointelegraph, CryptoSlate, CoinGape, and Coinpedia Fintech News
| Chris Welch / The Verge: |
Meta updated Ray-Ban Meta smart glasses' privacy policy on April 29 to enable the Hey Meta voice command by default, store voice recordings for a year, and more — The company has removed the option to disable your voice recordings from being stored, among other changes.
More: TechCrunch, Livemint, TechRadar, MacRumors, and UploadVR
Bluesky: @dell, @loreandordure.com, @hypervisible, and @jamesoloughlin. Mastodon: @neurovagrant@masto.deoan.org. Threads: @shwetak.ai
Forums: r/augmentedreality, r/technology, Slashdot, and MacRumors Forums
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