Techmeme
May 1, 2025, 10:10 PM

Top News

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.
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.
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.
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 …
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.
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 …
Jess Weatherbed / The Verge:
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.
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.
Jay Peters / The Verge:
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 …
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.
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.
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” …
More: Anthropic, CNET, SiliconANGLE, and AI News
Bluesky: @jeremymorrell.dev and @timkellogg.meLinkedIn: Bradley PortnoyForums: Hacker 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
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.

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