Alphabet reports Q1 revenue up 12% YoY to $90.2B, net income up 46% to $34.54B, Services revenue up 10% to $77.3B, and Other Bets revenue down 9% to $450M
MOUNTAIN VIEW, Calif. - April 24, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2025.
Sources: Apple plans to move assembly of all US-sold iPhones, ~60M/year, to India by the end of 2026, as President Trump's trade war pushes a pivot from China
FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump's trade war
Intel reports Q1 revenue flat YoY at $12.67B, vs. $12.3B est., forecasts Q2 revenue below est., and reduces its 2025 capex target
Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's first round of earnings at the helm …
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on
The new option drops sound descriptions and speaker names from subtitles. … Netflix is rolling out a new subtitle option that shows just spoken dialogue.
Alphabet reports Google Cloud Q1 revenue up 28% YoY to $12.26B, vs. $12.27B est., and says AI Overviews now has 1.5B users per month, up from 1B in October
Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell.
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy
Today is Intel's Q1 2025 earnings call, and the first we're truly hearing from new Intel CEO Lip-Bu Tan, who took over the company on March 18th.
Alphabet says it surpassed 270M paid subscriptions, driven by YouTube and Google One, and reports YouTube Q1 ad revenue up 10.3% YoY to $8.93B, vs. $8.97B est.
The video giant's ad revenue reaching $8.93 billion … See also Mediagazer
Ziff Davis sues OpenAI, alleging it used Ziff Davis' content to train AI models; sources say Ziff Davis is seeking at least hundreds of millions of dollars
Ziff Davis, which owns more than 45 media properties, is accusing the tech company of infringing on the publisher's copyrights and diluting its trademarks.
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today
OpenAI is bringing a new “lightweight” version of its ChatGPT deep research tool, which scours the web to compile research reports on a topic …
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook”
Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday.
Baidu rolls out Ernie 4.5 Turbo and X1 Turbo, new versions of its flagship foundation and reasoning models, as it looks to take on Alibaba's Qwen and DeepSeek
The Chinese search engine leader rolled out Ernie 4.5 Turbo and Ernie X1 Turbo, the latest versions of its flagship foundation …
Toshiba Europe researchers say they used quantum key distribution cryptography to send messages over a 250km German commercial telecommunications network
Researchers harness quantum mechanics to create communications system that can avoid being hacked — Scientists have sent messages …
Adobe says Firefly users can now generate images using OpenAI's GPT, Google's Imagen 3 and Veo 2, and Flux 1.1 Pro, in addition to its own Firefly image models
Adobe (ADBE.O) said on Thursday it is adding image-generation artificial intelligence models from OpenAI and Alphabet's Google …
Source: Alphabet's Q1 profit was boosted by $8B in unrealized gains from an investment in SpaceX; Alphabet has been a major SpaceX investor since at least 2015
Davey Alba / Bloomberg :
US v. Google: a Yahoo executive estimates that a bid for Chrome would cost tens of billions of dollars, and says Yahoo “would be able to pursue it with Apollo”
Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved …
Baidu CEO Robin Li says demand for text-based models like DeepSeek's is “shrinking” and claims its model had a higher propensity for “hallucinations”
Eleanor Olcott / Financial Times :
YouTube is testing a new AI Overviews carousel in its search results for queries focused on products and location information, for some US Premium subscribers
YouTube is testing a new AI Overviews carousel. It will appear in search results for select queries.
Meta lays off Reality Labs staffers, affecting Oculus Studios teams; sources: 100+ staff are affected, including those involved in Meta's hardware efforts
Bloomberg :
Sources: the US is conducting a criminal antitrust probe into TP-Link's pricing strategies and whether the router maker represents a national security threat
Beyond pricing, a focus of the inquiry is also whether the company's growing US market share represents a threat to national security …
Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation
Training AI models requires a massive amount of computing power. — The crypto industry has been fighting to get a piece …
The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC
Michael Saylor crypto.news : Federal Reserve withdraws restrictive crypto guidance for banks Troy Watson / ZyCrypto : Federal Reserve Reverses Debanking Policies, Banks May No Longer Need Approval to ...
Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs
Meta moves Threads from Threads.net to Threads.com and updates its web app, including features to more easily access custom feeds, create new columns, and more
Apple Watch turns a decade old today. Cheers to 10 amazing years! 🥂 Threads : Allow the use of cookies from Threads by Instagram on this browser? Bluesky: @thespoileralert : Is that still a thing? ...
Sources: Apple plans to relocate its secret robotics team from John Giannandrea's AI unit and place it under SVP John Ternus, who oversees hardware engineering
Mark Gurman / Bloomberg :
Brazil's AI-based social security app, launched in 2018, has cut bureaucracy in some cases but wrongly rejected hundreds of vulnerable people over minor errors
An algorithmic tool meant to reduce bureaucracy is misfiring on complex cases, and vulnerable Brazilians are paying the price.
Sources: the US pushed back against EU's AI code of practice; the code is voluntary, still being finalized, and aims to help companies comply with the AI Act
Bloomberg :
Sources: Adam Neumann's real estate startup Flow raised more than $100M from investors including a16z in a round that more than doubles its valuation to ~$2.5B
Grateful for our team and our partners at Andreessen Horowitz for making this possible. … Charles Myslinsky : We've been heads down at Flow building something great. Results matter. We're hiring for...
The NHTSA plans to ease rules for autonomous vehicles, including loosening crash reporting requirements and simplifying approvals, in changes championed by Musk
DOT eases autonomous car rules Nisha Gopalan / Yahoo Finance : Tesla Stock Jumps, Extending Gains as US Loosens Self-Driving Car Rules Jasmine Daniel / CBT News : NHTSA to streamline crash reporting, ...
Motorola's new Razr phones will include Perplexity's AI search engine, as part of a distribution partnership that lets Perplexity gain users rather than revenue
Hayden Field / CNBC :
JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value
Update Coco Feng / South China Morning Post : JD.com's billionaire founder delivers food in publicity stunt to challenge Meituan Fortune : JD.com's delivery clash with Meituan may worsen $70 billion r...
CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so far
Mary Ann Azevedo / TechCrunch : Bluesky: @quick13 Bluesky: @quick13 : Mark this point in time because this is not a winning proposition, the majority of these are based on flawed LLMs, Generative AI ...
The EU Commission says it banned officials from meeting with lobbyists acting on Huawei's behalf, after the EU Parliament banned Huawei staff from its premises
Edith Hancock / Wall Street Journal :
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal
Bloomberg :
Three European scientific funding agencies have put research programs with China on hold since 2021 due to concerns over the country's Data Security Law
Andrew Silver / Reuters :
Docs: X's data licensing and subscriptions revenue grew 32% YoY to $91M in February, ad revenue grew 4% YoY to $146M; Twitter had $4.5B in ad revenue in 2021
Carmen Arroyo / Bloomberg : See also Mediagazer
Infinite Reality, a metaverse startup that claims it is valued at $15.5B, faces questions about the legitimacy of its funding, investor identities, and more
Phoebe Liu / Forbes :
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