Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024
Analysts are concerned about how Apple will signal the March quarter is shaking out.
In a leaked recording of an all-hands meeting, Mark Zuckerberg said Meta was slow to respond to TikTok's rise because “we didn't think TikTok was social”
- Mark Zuckerberg addressed several recent policy changes in a company all-hands meeting on Thursday.
Apple Q1: iPhone down 1% YoY to $69.14B, vs. $71.03B est., Mac up 15% to $8.99B, iPad up 15% to $8.09B, and Wearables, Home, and Accessories down 2% to $11.75B
All-time records for total company revenue and EPS — Services revenue reaches new all-time high
Sources: OpenAI is in early talks to raise up to $40B at a $340B valuation; the startup was last valued at $157B in October, when it raised $6.6B
I'm old enough to remember when $6.6B was an unheard of amount of money for a startup to be raising. Bluesky: Ed Zitron / @edzitron.com : I LOVE Masayoshi Son. The entire generative AI market is pote...
SoftBank, which sources say is in talks to invest $15B-$25B in OpenAI and $18B in Stargate, could borrow against its $140B+ Arm stake to fund the investments
Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer — In his newly built palace near Tokyo …
Leaked all-hands recording: Mark Zuckerberg told staff to “buckle up” for an “intense” year, said a changing policy landscape necessitated DEI changes, and more
Business Insider :
Leaked all-hands: Mark Zuckerberg said Meta sold more than 1M Ray-Ban smart glasses in 2024, revealing sales figures for the first time
targets 5M this year Hamish Hector / TechRadar : Mark Zuckerberg just teased next-gen Ray-Ban smart glasses - here are 4 things I want to see Threads: Tarun / @noise.in.vacuum : 1 million is a lot of ...
Nvidia updates its PC app and rolls out the new GPU drivers, bringing Multi Frame Generation to RTX 50 Series GPUs and DLSS transformer models to all RTX GPUs
NVIDIA DLSS4 released, Override feature now available — Following the launch of the GeForce RTX 5090 and 5080 …
Apple agrees to a $20M settlement to resolve claims that some Watch batteries swelled over time, potentially damaging other key components, such as the display
Eligible Apple Watch owners have until April 10, 2025, to apply for a payout. — Owners of certain Apple Watch models …
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history
The DeepSeek Narrative Takes the World by Storm — DeepSeek took the world by storm. For the last week, DeepSeek has been the only topic …
Sources: OpenAI plans to release o3-mini today with o1-level reasoning and 4o-level speed, as the company's staff is galvanized by DeepSeek's success
After a Chinese-startup roiled the industry, OpenAI readies a response—ahead of schedule. — It's been just over a week since DeepSeek upended the AI world.
Sources: US officials are investigating whether DeepSeek bought advanced Nvidia chips from third parties in Singapore, circumventing US restrictions on AI chips
- Nvidia says it ‘insists’ that customers comply with laws — Singapore accounts for about 20% of Nvidia's revenue
Intel reports Q4 revenue down 7% YoY to $14.26B, vs. $13.81B est., Data Center and AI down 3% YoY to $3.39B, and forecasts Q1 revenue below estimates
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates. Shares were up 3% after hours.
Investor letter: Elliott Management warns the White House's embrace of crypto is helping fuel a speculative mania that “could wreak havoc” when prices collapse
Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says
Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012
Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals …
Intel says it no longer plans to sell its next-gen Falcon Shores AI accelerator chip, which was set to launch in late 2025, to focus on its Jaguar Shores chip
Interim Intel co-CEO Michelle Johnston Holthaus discloses the pivot in its AI data center strategy as Nvidia forges ahead …
Indian smartphone market's revenue rose 9% YoY in 2024, with shipments up 1% YoY to 153M units; Nothing was the fastest-growing brand, up 577% YoY
- The Indian smartphone market's Revenue on the basis of the wholesale price rose 9% YoY in 2024 to reach a record high.
The Allen Institute for AI releases Tulu 3 405B, an open source model that it claims outperforms DeepSeek V3 and OpenAI's GPT-4o on certain benchmarks
Move over, DeepSeek. There's a new AI champion in town — and they're American. — On Thursday, Ai2, a nonprofit AI research institute based …
Cloudflare Radar: TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down on January 19
TikTok has nearly bounced back to its original traffic levels after usage fell 85% when the app temporarily shut down earlier this month, according to Cloudflare Radar.
Grayscale launches a dogecoin-focused fund, says it has “transitioned from a memecoin” to a tool for “global financial inclusion and a viable means of payment”
Grayscale Investments said on Friday it was launching an investment fund aimed at dogecoin …
LinkedIn says short-form video is its fastest-growing content category, and total video viewership grew 36% YoY between October 30, 2024 and January 29, 2025
LinkedIn's ongoing efforts to woo video creators paid off in the past few months, according to new figures shared by the company. Bluesky: @trevorjd and @mmatute Bluesky: Trevor Daugherty / @trevorjd ...
Apple files an emergency motion to halt the remedy trial of the DOJ vs. Google case while it appeals a court's denial of its request to intervene as a defendant
The company wants to play a bigger role to avoid ending its lucrative search deal. — The company wants to play a bigger role to avoid ending its lucrative search deal.
Sources: Amazon is ramping up ad spending on X, as companies re-evaluate their stances in a changing political climate; source: Apple considers a return to X
The Wall Street Journal one liner lacks all context or data. “recent weeks” would have been before the Nazi salute too. … Parker Ortolani / @parkerortolani.com : This one is odd because Tim is one of ...
Tether had $13B in 2024 net profits, including ~$7B from its US Treasuries and repo holdings, and $5B from unrealized appreciation of gold and bitcoin holdings
Tether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in a record-breaking year.
Interim co-CEO David Zinsner says Intel has already received $2.2B in federal grants through the CHIPS Act, of the $7.86B awarded to build chips in the US
Rebecca Szkutak / TechCrunch :
Tether plans to bring USDT to the Bitcoin base layer again and to the Layer 2 protocol Lightning Network, following USDT expansions to Celo and other networks
MK Manoylov / The Block :
Source: Anton Levy is stepping down as General Atlantic's co-president and chairman of global technology; Levy led investments in Alibaba, Facebook, and more
No word yet on his future plans, although it doesn't sound like anything is imminent. — Levy will be replaced …
Finout, which makes cloud cost management software, raised a $40M Series C, following a $26M Series B in March, bringing its total raised to $85M
Even just a few years ago, FinOps — a collection of best practices to manage the costs of cloud computing — wasn't something that was top of mind for a lot of businesses.
Amazon sues Washington state to limit the release of public records to The Washington Post about Jeff Bezos' Amazon Project Kuiper satellite facility in Seattle
Amazon is suing Washington state to limit the release of public records to The Washington Post from a series of state Department of Labor and Industries investigations of an Amazon Project Kuiper sate...
Israel-based Seraphic Security, whose product allows customers to securely access SaaS and private web applications, raised a $29M Series A led by GreatPoint
Ryan Naraine / SecurityWeek :
Atlassian reports Q2 revenue of $1.29B vs. $1.24B est. and expects 26.5% cloud growth, 21.5% data center growth for the fiscal year; TEAM jumps 18%+
Samantha Subin / CNBC :
Samsung reports Q4 revenue up 12% YoY to ~$52.2B, vs. ~$51.9B est., operating profit up 132% YoY to ~$4.5B, vs. ~$4.7B est., and FY 2024 revenue of ~$207B
Dylan Butts / CNBC :
A profile of incoming White House OSTP director Michael Kratsios, who lacks a STEM degree and led the American AI Initiative during President Trump's first term
“This is an utter disaster,” said Michael S. Lubell, physics professor at the City College of New York and former spokesman for the American Physical Society, the world's largest group of physicists. ...
Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce
Meir Orbach / CTech :
Sources: STMicroelectronics is considering reducing its workforce by about 6%, or up to 3,000 jobs, through early retirements and attrition, amid a chip slump
Bloomberg :
How Hudhayfa Nazoordeen, aka HudZah, a 20-year-old math student and an “AI native” in San Francisco, is building a nuclear fusor under Claude's tutelage
Ashlee Vance / Core Memory : X: @tszzl and @kevin2kelly . Forums: Hacker News X: Roon / @tszzl : we're living in a Culture novel Kevin Kelly / @kevin2kelly : This short report by @ashleevance of curr...
Sources: Samsung's 8-layer HBM3E was cleared by Nvidia in December for use in Nvidia's less powerful AI processors tailored for the Chinese market
Bloomberg :
Tel Aviv-based Oligo Security, which offers cybersecurity tools for enterprises to monitor their applications, raised a $50M Series B led by Greenfield Partners
Maria Deutscher / SiliconANGLE :
Kalshi plans to let users buy into its prediction markets directly from brokerages, says it now has 908 active contracts, up from 691 on Election Day
Michael J. de la Merced / New York Times :
Experts say the Kremlin's throttling of YouTube is driving Russians to state-controlled platforms; Google data shows Russian traffic to YouTube is down ~66% YoY
Paul Sonne / New York Times :
Elastos, a decentralized infrastructure provider building a Bitcoin DeFi protocol called BeL2, raised $20M from private investment company Rollman Management
Jamie Crawley / CoinDesk :
Kraken says its revenue hit $1.5B in 2024, up from $671M in 2023, and it finished the year with 2.6M funded accounts, with $42.8B in assets held on the platform
Bloomberg :
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.