Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.6B est., China sales down 2% YoY to $16B, vs. $16.83B est., and authorizes a $100B share buyback program
Services revenue reaches new all-time high — EPS sets March quarter record … The Company posted quarterly revenue of $95.4 billion …
Rockstar Games delays the release of Grand Theft Auto VI from fall 2025 to May 26, 2026, saying it needs extra time to deliver the expected and deserved quality
Rockstar Games says it needs more time to deliver the ‘quality you expect and deserve.’ — Rockstar Games is delaying …
Apple updates its App Store Guidelines to comply with a US judge's April 30 Epic injunction, letting app developers link to external payment methods in the US
Apple has officially updated the App Store Guidelines to comply with yesterday's injunction handed down in its legal case with Epic Games.
Apple Q2: iPhone up 2% YoY to $46.84B, vs. $45.84B est., Mac up 7% to $7.95B, iPad up 15% to $6.4B, and Wearables, Home, and Accessories down 5% to $7.52B
Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company's closely-watched Services division came up light versus estimates.
Amazon reports Q1 revenue up 9% YoY to $155.67B, vs. $155.04B est., operating income up 20% YoY to $18.4B, and forecasts Q2 operating income below estimates
- Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024.
Apple approves a Spotify iOS app update that lets US customers use other payment options beyond Apple's payment system; Patreon said it plans to do the same
or if — Apple approves the update. — www.theverge.com/news/659891/ ... Jay Peters / @jaypeters.net : Following yesterday's major Epic v. Apple ruling, Patreon tells me that it will update its iOS ap...
Microsoft says new accounts will be “passwordless by default”, asking people to use more secure methods like passkeys, push notifications, and security keys
The company is trying to get everyone to get rid of passwords, eventually.
President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B in Binance using World Liberty's USD1 stablecoin, raising ethical concerns
A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …
Ireland's DPC fines TikTok €530M for illegally sending user data to China, ordering a halt to EU data transfers in six months if protections aren't guaranteed
Irish privacy watchdog says app failed to protect user data sent to China — Ireland's data-privacy watchdog fined TikTok …
On its Q2 call, Apple said that a “majority” of iPhones sold in the US in Q3 will come from India while “nearly all” of its other devices will come from Vietnam
www.wsj.com/tech/apple-a... Steve Kovach / @stevekovach : More highlights: Cook says in current quarter over half of phones sold in U.S. come from India. Government subsidies in China helped improve ...
On Apple's Q2 call, Tim Cook said that the company estimates tariffs will add $900M in costs in its Q3, assuming current tariff rates and policies do not change
yet Chris Velazco / Washington Post : Tariffs could add $900 million to Apple's costs, CEO Tim Cook says Fortune : Apple CEO Tim Cook reveals how much Trump's tariffs will cost the tech giant this qua...
Amazon reports Q1 ad revenue up 18% YoY to $13.92B, vs. $13.74B est., and subscription services revenue up 9% YoY to $11.72B
On the other hand, a bunch of ad businesses seem to be doing just fine. See also Mediagazer
Apple reports Q2 revenue from Services, which includes the App Store, Apple TV+, and Apple Music, up 12% YoY to $26.65B, a new record but below $26.7B est.
it's a stable, low double-digit growth business with natural Ed Ludlow / @edludlow : Both Apple and Amazon added references to “trade” in the boiler plate of the financial guidance (Amazon) and forwar...
Apple plans to source 19B+ chips from the US in 2025, including from TSMC's expanding Arizona operations, part of its shift to lessen its reliance on China
Bloomberg :
A California man pleads guilty to illegally accessing Disney's Slack channels and stealing 1.1TB+ of data in 2024; he later posed as hacktivist group NullBulge
A California man who used the alias “NullBulge” has pleaded guilty to illegally accessing Disney's internal Slack channels …
Amazon reports Q1 AWS revenue up 17% YoY to $29.3B, vs. $29.42B est., and AWS operating income up 23% YoY to $11.55B
Annie Palmer / CNBC :
The UK FCA plans to ban retail investors from borrowing money to buy cryptocurrencies, as it aims to bring much of the crypto market under its regulatory remit
UK financial regulator sets out proposals to regulate much of the digital asset market — The UK financial watchdog plans …
Temu appears to have removed all products in the US version of its online store that ship directly from China to US consumers, confusing suppliers and customers
The American version of Temu abruptly began to show only “Local” products days before the Trump administration was set to end …
Reddit plans to add Reddit Answers, its AI search tool that was launched in beta in December 2024, to its main search bar and says the tool has 1M weekly users
The feature has already reached 1 million weekly users, according to CEO Steve Huffman. — Late last year, Reddit introduced its AI-powered search tool, Reddit Answers.
The US designates Cambodia's Huione Group as a money-laundering operation, saying it laundered $4B+ since August 2021 for criminals such as North Korean hackers
The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.
Memo: the US DOD seeks to secure right-to-repair provisions in Army contracts to access tools, software, and technical data without hindrance by IP constraints
The U.S. Department of Defense wants new and existing defense contracts to give the Army the right to repair its own weapons …
Reddit reports Q1 revenue up 61% YoY to $392M, vs. $370M est., global daily active uniques up 31% to 108.1M, Q2 guidance above est.; RDDT jumps 5%+ after hours
Jonathan Vanian / CNBC :
The Google search antitrust trial is effectively a fight about AI's future, as lawyers and rivals argue Google's monopoly could make it the dominant AI player
A federal judge issued a landmark ruling last year, saying that Google had become a monopolist in internet search.
An investigation finds 70+ content-farm YouTube channels using AI to produce cartoon content featuring gore and child abuse, featuring characters like minions
A WIRED investigation found that dozens of YouTube channels are using generative AI to depict cartoon cats and minions being beaten … Bluesky: @manishakrishnan . Forums: r/technews Bluesky: Manisha Kr...
Redis, which makes the Redis value-key database, returns its main system to open-source license AGPL, after criticism in 2024 for moving to a dual-license model
https://antirez.com/... Though the more interesting question I think is whether Redis Inc can recover the lost trust from the community (and from customers). … Forums: r/programming : Redis is open s...
MoviePass launches Mogul, a daily fantasy sports-inspired, blockchain-based platform for movie buffs, in beta and says 400K+ people signed up for early access
and going all in on crypto Caitlin Huston / The Hollywood Reporter : MoviePass' Next Big Bet: A Fantasy Box Office App Ben Sherry / Inc : MoviePass Just Debuted Mogul, a Fantasy League for Film X: Ben...
Filing: Jeff Bezos plans to sell up to $4.75B worth of AMZN, or 25M shares, via an orderly trading plan, set up in March, running through the end of May 2026
Latest share sale disclosed after e-commerce giant warns of impact from Donald Trump's global trade war
Uber and autonomous vehicle operator May Mobility partner to deploy “thousands” of robotaxis across the US, starting in Arlington, Texas, by the end of 2025
Andrew J. Hawkins / The Verge :
Atlassian reports Q3 revenue up 14% YoY to $1.36B, vs. $1.29B est., and a net loss of $70.8M, vs. a $12.8M net income in Q3 2024; TEAM drops 10%+
Shares in Atlassian Corp. were down nearly 18% in after-hours trading today after the Australian collaboration software company posted …
Aurora launches its commercial driverless trucking service, making deliveries between Dallas and Houston, and plans to expand to El Paso and Phoenix in 2025
Andrew J. Hawkins / The Verge :
Anthropic launches Integrations to connect apps to Claude, and expanded deep research tool Advanced Research, in beta for Claude Max, Team, and Enterprise users
it'll go off for up to 45 minutes attempting to solve your problem — www.anthropic.com/news/integra... Jeremy Morrell / @jeremymorrell.dev : Anthropic announced support for remote MCP in claude.ai w...
Block reports Q1 revenue down 3% YoY to $5.77B, vs. $6.2B est., gross profit up 9% YoY to $2.3B, below est., and issues a weak profit guidance; XYZ drops 20%+
MacKenzie Sigalos / CNBC :
Livestream marketplace Whatnot says it hit $3B+ worth of goods sold through its app last year and viewers spend 80+ minutes per day on average on the app
Livestream shopping, while popular in Asia on apps like ByteDance-owned Douyin and Alibaba's Taobao Live, has been hard for most U.S.-focused startups and creators to crack. X: @anngehan X: Ann Gehan ...
In a case related to its Activision acquisition, Microsoft dropped a law firm that settled with President Trump in favor of a firm that is fighting a Trump EO
www.nytimes.com/2025/05/01/b... Mike Masnick / @mmasnick : Capitulating law firms suggested they had to capitulate to retain clients. The opposite may be true. [embedded post] Amanda Marcotte / @ama...
Airbnb reports Q1 revenue up 6% YoY to $2.27B, vs. $2.26B est., Gross Booking Value up 7% YoY to $24.5B, and forecasts Q2 revenue below est.; ABNB drops 5%+
Samantha Subin / CNBC :
Twilio reports Q1 revenue up 12% YoY to $1.17B, a $20M net income, active customer accounts up 7% YoY to 335K+, and forecasts Q2 revenue above est.
Yahoo Finance :
Sources: Beijing's decision to exempt eight types of US-made chips from tariffs came after auto industry lobbying, exposing China's dependence on US auto chips
Wall Street Journal :
Kuwait cracks down on crypto miners for being a “major” cause of its blackouts; Al-Wafrah's energy consumption fell by 55% after last week's security operation
Ahmed Hagagy / Reuters :
Sources: Nvidia told ByteDance, Alibaba, Tencent, and others that it is tweaking its AI chips so they can be sold in China without breaching US export rules
Qianer Liu / The Information :
Filing: Amazon restructured part of its $8B Anthropic investment from convertible notes into stock in Q1, creating a $3.3B pre-tax gain that boosted its profits
Amazon restructured part of its investment in AI startup Anthropic from convertible notes into stock in the first quarter …
Roku reports Q1 revenue up 16% YoY to $1.02B, vs. $1.01B est., and a net loss of $27.4M, compared to a $50.9M net loss in Q1 2024; ROKU drops 5%
Fellow Shareholders, May 1, 2025 In Q1 we grew Platform revenue 17% … Wayne Friedman / MediaPost : Roku Q1: Revenue Up 16%, Now In More Than Half Of US Broadband Households Timi Cantisano / Android Po...
Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% YoY to $9.1B, and forecasts Q2 adjusted EBITDA above est.; CART jumps 5%+
Dear Shareholders, We're off to a strong start in 2025 as we continue … Connor Hart / Wall Street Journal : Instacart Posts Higher Revenue on Increased Orders
Sources: AWS is developing an AI-assisted coding service that offers features like Cursor and goes further than its current coding assistant, Amazon Q Developer
Kevin McLaughlin / The Information : Bluesky: @quinnypig.com Bluesky: Corey Quinn / @quinnypig.com : Ooh, just like Cursor except two years late, with a worse UI, a pile of confusing billing dimensio...
Game developer Scopely says Monopoly Go! crossed $5B in gross bookings in just 24 months, significantly ahead of a previous mobile title's record of 40 months
Rachel Kaser / VentureBeat :
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.