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May 2, 2025, 4:35 AM
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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 …
More: AppleInsider, New York Times, City A.M., Axios, Tech in Asia, Six Colors, Forbes, Digit, Macworld, The Motley Fool Australia, Six Colors, Channel Futures, ZeroHedge News, Appleosophy, Moneycontrol, Neowin, Cult of Mac, MarketWatch, The Apple Post, The Verge, iPhone in Canada Blog, Benzinga, Six Colors, 9to5Mac, The Irish Times, Daily Sabah, MacRumors, and MarketWatch
X: @film_girl, @munster_gene, @benbajarin, @divestech, @signalbloom, @munster_gene, @mgsiegler, @markgurman, @alexeheath, @tomwarren, @jsnell, @yahoofinance, @asymco, @benbajarin, @asymco, @briansozzi, @susanlitv, @appleinsider, @benbajarin, @lanceulanoff, @mgsiegler, and @caro_milanesi. Forums: r/StockMarket
| 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: Silicon Republic, 9to5Mac, TechCrunch, PCMag, Spyglass, Appleosophy, MarketWatch, and Financial Times
Forums: r/technology and r/wallstreetbets
| 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, Media Play News, and The Hollywood Reporter
X: @neilcybart, @edludlow, and @munster_gene
| Rolfe Winkler / Wall Street Journal: |
Apple expects that a majority of iPhones sold in the US in the June quarter will come from India and a majority of its other devices will come from Vietnam — Company's plan for the June quarter follows its 5% earnings increase for the January-to-March period| 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: New York Times, City A.M., CNBC, Bloomberg, MBI Deep Dives, Neowin, Thurrott, and ZeroHedge News
| 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: RTÉ, Tech in Asia, Motley Fool, The Times, Runtime, GeekWire, The Information, and Constellation Research
| 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: Bloomberg, Reuters, Washington Post, Blockworks, The Information, New Republic, New York Post, Rolling Stone, The Block, Tech in Asia, The Crypto Basic, Diane Ravitch's blog, and Cointelegraph
Bluesky: @harikunzru, @donmoyn, @link.spacelawshitpost.me, @larryglickman, @blumenthal.senate.gov, @danpfeiffer, @marypcbuk, @warren.senate.gov, @wendysiegelman, @hfgarcia, and @kenvogel
Mastodon: @carnage4life@mas.to, @mattblaze@federate.social, @_dm@infosec.exchange, and @SeanCasten@mastodon.social
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Forums: r/economicCollapse, r/politics, and Slashdot
| 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, Sherwood News, Business Wire, and Reuters
| 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 … | 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.| 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.| 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.
More: Spotify, Silicon Republic, MacRumors, Android Authority, Neowin, iClarified, Cult of Mac, Stash.gg, 9to5Mac, Bloomberg Law, TechCrunch, 9to5Mac, and TechRadar
Bluesky: @jaypeters.net, @tomwarren.co.uk, and @jaypeters.net. Threads: @eshumarneedi@www.threads.com
X: @andyyen, @azianmike, @justinkan, @eric_seufert, @eric_seufert, @cramforce, @aripap, @eric_seufert, @eric_seufert, @spotifynews, and @egorka
Forums: Slashdot, Slashdot, and MacRumors Forums
| Zac Hall / 9to5Mac: |
More: Epic Games, MacRumors, TechCrunch, Daring Fireball, PocketGamer.biz, Pixel Envy, Android Authority, Android Headlines, GamesRadar, Neowin, iClarified, iThinkDifferent, Liliputing, Vercel, CGMagazine, Engadget, Business Insider, GSMArena.com, Moneycontrol, and Reuters
Bluesky: @klobuchar.senate.gov and @knoebel
Threads: @documentingmeta and @benedictevans
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LinkedIn: Steve Allison and Sean Palomino
Forums: r/apple, r/virtualreality, and MacRumors Forums
| 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: Instacart, PYMNTS.com, The Information, and Wall Street Journal
| 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 … | Chance Miller / 9to5Mac: |
Apple updates its App Store Guidelines to comply with a US judge's April 30 injunction, including allowing app developers to link to external payments in the US — Apple has officially updated the App Store Guidelines to comply with yesterday's injunction handed down in its legal case with Epic Games.
More: Apple Developer, New York Times, Digital Trends, Reuters, AppleInsider, MacRumors, iClarified, and TechIssuesToday.com
Forums: r/apple and r/iOSProgramming
| Zeyi Yang / Wired: |
Temu appears to have removed all products in the US version of its online store that ship directly from China to US consumers, confusing suppliers and customers — The American version of Temu abruptly began to show only “Local” products days before the Trump administration was set to end …
More: South China Morning Post, New York Times, CNN, New York Post, and Newsbusters
Bluesky: @zeyiyang and @wired.com
| 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.
More: The Keyword, Engadget, TechIssuesToday.com, Phandroid, The Indian Express, Computerworld, and How-To Geek
Bluesky: @aurman21. Mastodon: @searchliaison@mastodon.social. X: @google, @rmstein, @rmstein, and @rajanpatel
Forums: r/artificial and Slashdot
| 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, Simon Willison's Weblog, and Analytics India Magazine
Bluesky: @cra.dev. Mastodon: @lightweight@mastodon.nzoss.nz. X: @simonw and @antirez. LinkedIn: Michel Tu
Forums: r/programming, r/programmingcirclejerk, r/linux, r/theprimeagen, and r/opensource
| Lawrence Abrams / BleepingComputer: |
A California man pleads guilty to illegally accessing Disney's Slack channels and stealing 1.1TB of data in 2024; he later posed as hacktivist group “NullBulge” — A California man who used the alias “NullBulge” has pleaded guilty to illegally accessing Disney's internal Slack channels … | 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: Aurora, Aurora Innovation, Inc., Forbes, CNN, and Dallas Innovates
| 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 Chicago Business
Bluesky: @justinbaragona, @mmasnick, @amandamarcotte, @brianstelter, @brunojnavarro, @evetoronaldo, and @markzaidesq. LinkedIn: Niko Härting
Forums: r/politics and r/biglaw
| 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, StrictlyVC, Business Standard, Guru3D, TipRanks Financial, Maginative, Cryptopolitan, Forbes, and Benzinga
X: @ohlennart and @kristinaparts
Forums: r/LocalLLaMA, r/technology, and Slashdot
| Ahmed Hagagy / Reuters: |
Kuwait cracks down on crypto miners for being a “major” cause of blackouts; energy consumption in the Al-Wafrah region fell by 55% after the crackdown — Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a “major” cause of a power crisis that has led to blackouts …
More: crypto.news
| Wall Street Journal: |
Sources: Beijing's decision to exempt eight types of US-made chips from tariffs came after auto industry lobbying, exposing China's dependence on US auto chips — Beijing's move to exempt certain imports from tariffs shows its carmakers' vulnerabilities — At a recent electronics exhibition … | Lauren Forristal / TechCrunch: |
MoviePass launches Mogul, a daily fantasy sports-inspired, blockchain-based platform for movie buffs, and says over 400K people have signed up for early access — MoviePass, the startup that made its mark with its movie theater subscription service, has always been known for shaking things up, and its latest venture is no exception.
More: Gizmodo, MoviePass Inc., The Verge, Fortune, The Hollywood Reporter, and Inc
X: @bdanweiss, @moviepass, and @stacyspikes
| Reuters: |
Memo: the US DOD seeks to secure right-to-repair provisions in Army contracts to access tools, software, and technical data without IP constraints — The U.S. Department of Defense wants new and existing defense contracts to give the Army the right to repair its own weapons … | 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.Sponsor Posts
Google:
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