Apple Q2 revenue: iPhone down 10% YoY to $45.96B, Mac up 4% to $7.45B, iPad down 17% to $5.56B, and Wearables, Home, and Accessories down 10% to $7.91B
Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.
Apple reports Q2 revenue down 4% YoY to $90.75B, net income down 2% to $23.64B, and announces a $110B share buyback, its largest yet; AAPL jumps 5%
Services revenue reaches new all-time record — EPS sets March quarter record — Apple® today announced financial results …
Tim Cook says half of Fortune 100 companies have purchased Apple Vision Pro units and that Apple's focus is on getting more apps and more enterprises engaged
Wesley Hilliard / AppleInsider :
The US FDA approves Apple Watch's AFib history feature for clinical studies, the first digital health tech qualified under the FDA's MDDT program
The FDA today announced that it has qualified the Apple Watch AFib ( Atrial Fibrillation) history feature as an MDDT (Medical Device Development Tools).
Apple reports Q2 revenue from Services, which includes Apple TV+ and Apple Music, up 14% YoY to $23.9B, vs. $23.12B estimated, an all-time record
but Tim Cook still keeps us guessing Mike Robuck / Mobile World Live : Apple posts sluggish iPhone sales in Q2 Peter Kafka / Business Insider : Apple can't tell you iPhone sales are booming, so it's t...
Apple reports Q2 revenue down 8.1% YoY to $16.4B in Greater China, down 12.7% YoY to $6.3B in Japan, and down 17.2% YoY to $6.7B in the rest of Asia-Pacific
Nikkei Asia :
Google says 400M+ Google Accounts have used passkeys since the rollout, logging 1B+ authentications, and expands passkeys to its Advanced Protection Program
Google is kicking off World Password Day by updating us on its efforts toward replacing the often hacked, guessed, and stolen form of authentication with passkeys.
Sources: Bill Gates remains intimately involved in Microsoft's operations, advising on strategy, nurturing Microsoft's relationship with Sam Altman, and more
Insiders say he's still pulling the strings at Microsoft — In 2017, just before Microsoft forged a partnership …
Microsoft rolls out passkey support for all consumer accounts; Microsoft account owners can generate passkeys across Windows, Android, and iOS
To celebrate, we're announcing passkey support for your Microsoft account! Faster, safer sign-in has arrived. … Vasu Jakkal : Happy World Password Day! 🩷 Ten years ago, Microsoft envisioned a bold f...
Germany says it found evidence that Russian state-backed hacker Fancy Bear was behind a cyberattack in 2023 that took down several German government websites
Investigation finds hacker group linked to Russian intelligence responsible for attacks targeting politicians and defence sector
Hubble Network, which is building a satellite network for Bluetooth devices, says it has made a Bluetooth connection directly to a satellite for the first time
Hubble Network has become the first company in history to establish a Bluetooth connection directly to a satellite …
A committee of UK legislators says the government's “reticence” to address alleged copyright theft is a “de facto endorsement” of how tech companies build LLMs
A committee of UK legislators has slammed the government for its response to alleged copyright theft as a …
Microsoft outlines security principles and goals tied to executive compensation packages, following a scathing US Cyber Safety Review Board report in April 2024
- Protect identities and secrets. … - Protect tenants and isolate production systems. … - Protect networks.
Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%
Block Inc logo is seen displayed in this illustration taken, April 10, 2023. — Block reported first-quarter earnings after the bell that exceeded analysts' estimates.
What to expect from Apple's May 7 event: OLED iPad Pros, possibly with M4 chips, a 10.9" and 12.9" iPad Air, updates to Pencil and Magic Keyboard
Company gears up to update its tablets for the first time since 2022 — It's been more than 18 months since Apple Inc. last updated its iPad line …
The FCC warns that US rural areas may lose cell service if Congress does not fill a $3B funding shortfall for US carriers to replace Huawei and ZTE equipment
The FCC chairwoman warns that rural areas are set to lose cell service if Congress does not fill a $3 billion shortfall in funding to replace Chinese technology.
Filing: Google pushes back on Epic's demands following its antitrust win, says the proposed remedies are “unnecessary” and “far beyond the scope” of the verdict
In a new filing, Google is pushing back against Fortnite maker Epic Games' numerous proposed remedies …
Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1
Paige Smith / Bloomberg :
SVB agrees to sell its VC arm SVB Capital, which manages ~$9.8B in assets, to a new entity backed by Brookfield and Sequoia Heritage for $340M in cash
- SVB Capital wasn't included in the sale of SVB's lending and wealth management units to North Carolina-based bank First Citizens …
Microsoft announces new anti-hacking initiatives and adds deputy chief information security officers to its product groups after several serious cyberattacks
Bloomberg :
X tweaks its block feature to let users see replies to their posts even by users who have blocked them, with the aim of identifying and reporting “bad content”
Karissa Bell / Engadget :
WhatsApp told Delhi High Court last week that it will be forced to leave India if required to maintain “traceability” for messages as part of 2021's IT rules
why WhatsApp is threatening to shutdown in India Ajay Rag / The Economic Times : ETtech Explainer: WhatsApp's standoff with Centre over end-to-end encryption X: Supriya Shrinate / @SupriyaShrinate : [...
Estonian ride-hailing and scooter rentals startup Bolt Technology secures a €220M credit facility which it believes will help prepare the company for an IPO
Mark Bergen / Bloomberg :
Stock photographers prepare for AI disruption, as stock photo companies say traditional photography still has a market but work on building their own AI tools
stock photographers—the writing is already on the wall, and it's not pretty. https://www.wsj.com/... Anthony M. Scialis / @amssvs : Read an interesting article in the Wall Street Journal about AI ring...
[Thread] California State Senator Scott Wiener defends his AI safety bill, SB 1047, after criticism that it will “crush OpenAI's competitors” and open-source AI
Senator Scott Wiener / @scott_wiener :
Tether partners with Chainalysis to identify risky crypto addresses that could be used for bypassing sanctions or illicit activities, like terrorist financing
Stablecoins offer immense value to emerging markets...some things we take for granted here in the States. … Forums: r/CryptoCurrency : Tether Enters Transaction Surveillance Partnership with Chainalys...
A look at four Chinese generative AI startups, Zhipu AI, Moonshot AI, MiniMax and 01.ai, which have been valued between $1.2B and $2.5B in the past three months
Zhipu AI, Moonshot AI, MiniMax and 01.ai are striving to rival the success of US counterparts
Coinbase reports Q1 net revenue up 116% YoY to $1.59B, vs. $1.32B est., net income of $1.18B, consumer transaction revenue of $935M, up 99% QoQ
Our financial performance in Q1 reflects our focused execution … Shraddha Sharma / CCN.com : Coinbase Revenue Surges to $1.64 Billion - But Retail Volume Just 50% of 2021 Levels William Farrington / P...
Onur Aksoy, who pleaded guilty to selling fake Cisco equipment on Amazon and eBay from 2013 to 2022, making over $100M, is sentenced to over six years in prison
Michael Kan / PCMag :
Cloudflare reports Q1 revenue up 30% YoY to $378.6M, vs. $373.7M est., and forecasts Q2 revenue below estimates; NET drops 15%+
Bloomberg :
A US federal judge grills the DOJ and Google in the closing arguments of US v. Google, as the most consequential tech antitrust case since the 1990s concludes
and Big Tech — hangs in the balance at trial Legit.ng : US judge grills both sides in landmark Google antitrust trial Laura Bratton / Quartz : Google's landmark antitrust trial is coming to a close Ch...
Rabbit R1 review: $199 is the right price, fun design, and a good mic, but the best features are all MIA, finicky and slow, and using a phone is better
Peloton CEO Barry McCarthy steps down, as the company lays off ~15% of its workforce, or ~400 people, its fifth cut since its 2021 peak, when it had 8,600 staff
Apple adds carveouts to its EU core tech fee, exempting free app developers and giving those with annual global revenue under €10M a three-year “free on-ramp”
Some developers are releasing versions of Llama 3, which has a context window of 8K+ tokens, with longer context windows, thanks to Meta's open-source approach
Mimic, which helps businesses detect, deflect, and quickly recover from ransomware attacks, emerges from stealth with a $27M seed led by Ballistic Ventures
Proactively fighting back against ransomware VC News Daily : Mimic Emerges With $27M Seed Round
Japan's PM Fumio Kishida unveils an international voluntary framework for regulation and use of generative AI and says 49 countries and regions have signed up
Associated Press :
Sources: cloud security startup Wiz will not acquire competitor Lacework; the deal, which was valued at $150M-$200M, fell through during due diligence process
Meir Orbach / CTech :
Hyundai invests $475M in self-driving startup Motional and plans to spend another $448M to buy 11% of Aptiv's common equity interest in Motional
Rebecca Bellan / TechCrunch :
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.