Techmeme
May 1, 2026, 1:15 PM

Top News

Juli Clover / MacRumors:
Tim Cook says that the Mac Studio and the Mac mini, which many are buying for AI and agentic tools, “may take several months to reach supply demand balance”  —  During today's earnings call for the second fiscal quarter of 2026, Apple CEO Tim Cook said that the Mac mini and Mac Studio …
Apple:
Apple reports Q2 revenue up 17% YoY to $111.18B, vs. $109.66B est., net income up 19% YoY to $29.58B, and China revenue up 28% YoY to $20.5B, vs. $18.9B est.  —  March quarter records for total company revenue, iPhone revenue, and EPS  —  Services revenue reaches new all-time high
Michael Acton / Financial Times:
Apple CFO Kevan Parekh says that “the iPhone 17 family is now the most popular lineup in our history” and “we believe we gained market share during the quarter”  —  John Ternus pledges to continue ‘deliberateness and discipline’ in first comments since being named next CEO
Mark Gurman / Bloomberg:
Apple forecasts Q3 revenue above estimates, with sales expected to rise between 14% and 17%, and says memory expenses will climb “significantly higher” in Q3  —  Apple Inc. delivered a surprisingly strong revenue forecast for the third quarter, even as it warned that memory-chip costs …
Reuters:
Tim Cook says iPhone sales, which slightly missed Q2 estimates, were held back by supply constraints for advanced chips, as “demand was off the charts”  —  Apple (AAPL.O) on Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy …
Jennifer Elias / CNBC:
Dan Goodin / Ars Technica:
Researchers detail CopyFail, a now-patched Linux vulnerability that lets unprivileged users gain admin access, as many distributions have yet to apply the fixes  —  Publicly released exploit code for an effectively unpatched vulnerability that gives root access to virtually all releases …
Katrina Manson / Bloomberg:
The US DOD strikes agreements with Nvidia, Microsoft, Reflection AI, and AWS to use their AI tools on classified military networks “for lawful operational use”  —  The Pentagon has struck agreements with four more technology companies for expanded use of advanced artificial intelligence tools …
Wired:
New York Times:
Dan Mangan / CNBC:
The US Senate unanimously passed a rule barring senators from trading on prediction markets like Kalshi and Polymarket, amid rising concern over insider trading  —  The U.S. Senate on Thursday unanimously passed a rule barring senators from trading on prediction markets effective immediately.
Mike Stone / Reuters:
The US Navy awards Domino Data Lab a contract worth up to $100M for AI software that teaches underwater drones to identify new mines in the Strait of Hormuz  —  The U.S. Navy is ramping up its AI capabilities to hunt for Iranian mines in the Strait of Hormuz, one of the world's most critical shipping lanes …
Ben Weiss / Fortune:
Fun, which builds fiat and crypto payment rails for platforms like Polymarket and Aave, raised a $72M Series A in January, co-led by Multicoin and SignalFire  —  The finer details of back-end payment systems are enough to make most people's eyes glaze over, even those in crypto.
Jasmine Sun / New York Times:
The persistent idea that AI disruption could create a permanent underclass signals how much collateral damage AI companies will tolerate in their pursuit of AGI  —  Most people I know in the A.I. industry think the median person is screwed, and they have no idea what to do about it.
Natasha Mascarenhas / Bloomberg:
Sources: Peter Thiel's Founders Fund raised $6B for a fund to invest in later-stage companies, marking its largest haul ever; $4.5B comes from limited partners  —  Peter Thiel's Founders Fund has raised $6 billion for a new fund to invest in later-stage companies, according to people familiar …

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Earlier Picks

Todd Spangler / Variety:
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