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Techmeme
May 2, 2025, 8:45 AM
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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.
Rolfe Winkler / Wall Street Journal:
On its Q2 call, Apple said that a “majority” of iPhones sold in the US in Q3 will come from India while “nearly all” 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:
On Apple's Q2 call, Tim Cook said that the company estimates tariffs will add $900M in costs in its Q3, assuming current tariff rates and policies do not change
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.
Chance Miller / 9to5Mac:
Apple updates its App Store Guidelines to comply with a US judge's April 30 Epic injunction, letting app developers link to external payment methods 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.
Jay Peters / The Verge:
Apple approves a Spotify iOS app update that lets US customers use other payment options beyond Apple's payment system; Patreon said it plans to do the same
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
Tom Warren / The Verge:
Rockstar Games delays the release of Grand Theft Auto VI from fall 2025 to May 26, 2026, saying it needs extra time to deliver the expected and deserved quality  —  Rockstar Games says it needs more time to deliver the ‘quality you expect and deserve.’  —  Rockstar Games is delaying …
David Yaffe-Bellany / New York Times:
President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B 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 …
Sam Schechner / Wall Street Journal:
Ireland's DPC fines TikTok €530M for illegally sending user data to China, ordering a halt to EU data transfers in six months if protections aren't guaranteed  —  Irish privacy watchdog says app failed to protect user data sent to China  —  Ireland's data-privacy watchdog fined TikTok …
Umar Shakir / The Verge:
Microsoft says new accounts will be “passwordless by default”, asking people to use more secure methods like passkeys, push notifications, and security keys  —  The company is trying to get everyone to get rid of passwords, eventually.
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 …
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 …
Yahoo Finance:
Twilio reports Q1 revenue up 12% YoY to $1.17B, 335K+ active customer accounts vs. 313K+ in Q1 2024, and Q2 revenue forecast above est.; TWLO jumps 8%+  —  Twilio (TWLO) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.92 per share.
More: Twilio Inc.
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: arabtimes

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 AM ET, May 2, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Lorcan Lovett / Nieman Reports:
A look at the state of independent media in Myanmar, which lost US and Swedish funding this year and where subscriptions aren't a dependable source of revenue

More News

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
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
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

Earlier Picks

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
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
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
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
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
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”
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