Apple reports Q2 revenue down 3% YoY to $94.84B, declining for a second quarter in a row but beating estimates of $92.96B, and net income down 3% YoY to $24.16B
Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today …
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event
/ This is Google's first foldable phone. More details are coming at Google I/O on May 10th.
Apple Q2 revenue: iPhone up 2% YoY to $51.33B, Mac down 31% YoY to $7.17B, iPad down 13% YoY to $6.67B, and Wearables, Home, and Accessories down 1% to $8.76B
- Apple reported second-fiscal quarter earnings on Thursday that beat Wall Street's soft expectations for sales and revenue …
A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators
The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open source AI will outcompete Google and OpenAI
A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge … Source: SemiAnalysis .
Apple reports Q2 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 5.5% YoY to $20.9B and its board approves a $90B share buyback
Yep. Tim invested heavily in services, he knew hardware that was just evolutionary couldn't drive the stock. Predictable revenue streams from services? Good content to fuel those subscriptions? … @...
Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX's Starlink
The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major …
Apple's Q2 revenue rose 15.3% YoY in Asia-Pacific, business in India grew by “very strong double digits”, but sales fell 2.9% in Greater China and 7.1% in Japan
Yifan Yu / Nikkei Asia :
Smartphone shipments declined by 14% YoY and 7% QoQ globally to reach 280.2M units in Q1 2023; Apple's YoY decline was the smallest of the top five brands
- The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023.
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards
https://lnkd.in/gRgfuJaq … Tweets: Donie O'Sullivan / @donie : A WH official tells @DJJudd Meta wasn't invited: “Thursday's meeting was focused on companies currently leading in the space,” the offici...
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix
Emma Roth / The Verge :
Review of $250 JBL Tour Pro 2 wireless earbuds with a touchscreen on the case, offering access to earbud settings along with extras like timers and a flashlight
The touchscreen offers quick access to earbud settings along with extras like timers and even a flashlight.
Sources: Ant Group's transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system
Powerful new regulator will have to approve the fintech giant's application to become a financial-holding company
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins
Tom Warren / The Verge :
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested the company may try to raise as much as $100B in the coming years
OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch
Tim Cook says Apple views AI as “huge” but there are “a number of issues that need to be sorted”, and doesn't expand on how it plans to use AI in its products
https://www.axios.com/... Tweets: Ina Fried / @inafried : Apple CEO Tim Cook says AI is “huge,” but care is needed. His comments came as counterparts at Microsoft, Google, OpenAI and Anthropic were at...
Dune: Ethereum's median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again
Adam Morgan McCarthy / The Block :
Coinbase reports Q1 revenue down 34% YoY to $772.5M, vs. $655M est., net loss down 82% YoY to $78.9M, $145B in trading volume, vs. $147.7B est.; COIN jumps 15%+
Bill Peters / MarketWatch :
A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake
The world's most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1.
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena
and its own slate of newly introduced AI services — are requiring computing power at a level beyond what the company expected when it ordered chips and set up data centers.” https://www.bloomberg.com/...
Google adds blue checkmarks to Gmail for senders from verified brands that adopted the company's Brand Indicators for Message Identification email specification
what you need to know Momo Tabari / Laptop Mag : Scam emails begone! Gmail's newest feature changes everything Cosmin Vasile / PhoneArena : Gmail pulls a Twitter, adds blue checkmarks to verified acco...
New York's MTA resumes posting automated transit alerts to Twitter after Twitter backtracked on a plan to charge public service accounts for API access
Brian Fung / CNN :
Jakarta-based Praktis, which provides end-to-end supply chain software for D2C brands, raised a $20M Series A led by East Ventures
Small to medium-sized enterprises contribute 60% of Indonesia's gross domestic product. But companies in the D2C space still struggle to compete against bigger brands.
Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M
Emily Bary / MarketWatch :
Shopify reports Q1 revenue up 25% YoY to $1.5B, vs. $1.43B est., GMV up 15% YoY to $49.6B, vs. $47.7B est., and plans to cut ~20% of its staff; SHOP jumps 20%+
Ilya Banares / Bloomberg :
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform”
I'm involved with two early stage nonprofits in the space … Steve Teixeira : Interview with me about Mozilla's investments in the Fediverse — https://www.theverge.com/...
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., net loss down 3% YoY to $162M, and total orders up 27% YoY to 512M
Denny Jacob / Wall Street Journal :
Lyft reports Q1 revenue up 14% YoY to $1B, net loss down 5% YoY to $187.6M, and active riders up 9.8% YoY to 19.5M; LYFT drops 20%+ on a dismal Q2 guidance
Akash Sriram / Reuters :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.