Techmeme
May 1, 2026, 5:00 AM

Top News

Apple:
Apple reports Q2 revenue up 17% YoY to $111.18B, vs. $109.66B est., net income up 19% to $29.6B, and authorizes an additional $100B share buyback program  —  March quarter records for total company revenue, iPhone revenue, and EPS  —  Services revenue reaches new all-time high
Mark Gurman / Bloomberg:
Apple forecasts Q3 revenue above estimates, with sales expected to rise between 14% and 17%, and said memory expenses would be “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 chip supply constraints, as “demand was off the charts”  —  Apple (AAPL.O) on Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy a new MacBook model driven …
Jennifer Elias / CNBC:
Apple Q2: iPhone up 22% YoY to $56.99B, vs. $57.21B est., Mac up 6% to $8.4B, iPad up 8% to $6.91B, and Wearables, Home, and Accessories up 5% to $7.9B  —  Apple issued a better-than-expected revenue forecast for the current period after beating on sales and earnings in the fiscal second quarter.
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 add fixes  —  Publicly released exploit code for an effectively unpatched vulnerability that gives root access to virtually all releases of Linux …
Wired:
Musk v. Altman: when asked whether xAI has distilled OpenAI models, Elon Musk says the claim is “partly” true  —  While answering questions under oath, Musk argued it's standard practice for AI labs to use their competitors' models.  —  While testifying on Thursday in federal court …
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.
Britney Nguyen / MarketWatch:
Sandisk reports Q3 revenue up 251% YoY to $5.95B, vs. $4.72B est., consumer revenue below est., and forecasts Q4 revenue above est.; SNDK drops 5%+ after hours  —  The company says it's transitioning to a business model of ‘multiyear customer engagements’  —  Referenced Symbols
Todd Spangler / Variety:
Roku reports Q1 revenue up 22% YoY to $1.25B, ad revenue up 27% to $613M, subscription revenue up 30%, raises 2026 profit guidance; ROKU jumps 8%+ after hours  —  Roku beat Wall Street earnings forecasts for the first quarter of 2026 and raised its full-year profit guidance as the company continues …
Thomas Barrabi / New York Post:
Filing: Meta says it might be forced to withdraw its apps from New Mexico if a judge orders it to adopt the state's proposed safety features  —  Mark Zuckerberg's Meta is threatening a total shutdown of Facebook and Instagram in New Mexico if a state judge orders the company to adopt new safety features …
Bloomberg:
Meta sells $25B of investment-grade bonds after investors placed $96B in orders; Meta sold $30B of corporate bonds in October 2025  —  Meta Platforms Inc. sold $25 billion of investment-grade bonds, hitting the market with a jumbo deal for the second time in six months as investors are starting to show some signs of fatigue.
Evelyn Cheng / CNBC:
China's EV makers are competing on in-car AI features; ByteDance says its Doubao AI is used in 7M+ cars across 145 models, including from Mercedes, Audi, and VW  —  - China's EV price war is evolving into a “feature war” focused on AI and cockpit tech  — ByteDance's Doubao AI chatbot …
Annie Palmer / CNBC:
Alphabet's stock climbed 10% on Thursday and 34% in April, its best month since 2004; Meta's stock plunged 8.5% on Thursday, its steepest drop since October  —  Alphabet's stock surged on Thursday, lifting Google to its best month on Wall Street since 2004, after the company reported better …
Jasmine Sun / New York Times:
The persistent notion that AI disruption could create a permanent underclass signals how much collateral damage AI companies might tolerate in 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.
Jess Weatherbed / The Verge:
Google is rolling out Gemini to cars that have Google built in, replacing Google Assistant, starting with English in the US  —  The current Google Assistant is being replaced with a smarter, more conversational upgrade. … Google is preparing to update vehicles that have Google built-in with its Gemini AI assistant.
Marcus Schuler / Implicator.ai:
Anthropic's Claude Security, formerly Claude Code Security, is in public beta for Enterprise users; the Opus 4.7-powered tool can scan code for vulnerabilities  —  Anthropic has published Claude Security today for Claude Enterprise customers globally, according to company materials shared with The Implicator.

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More News

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AI Security Institute:

Earlier Picks

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