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Tech Meme

Apple Q2 revenue: iPhone down 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 (Kif Leswing/CNBC) 04-05-2023

Kif Leswing / CNBC: Apple Q2 revenue: iPhone down 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 … Lees verder op Tech Meme

Apple reports second quarter results (Apple) 04-05-2023

Apple: Apple reports second quarter results  —  Services revenue reaches new all-time high iPhone revenue sets March quarter record  —  CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2023 second quarter ended April 1, 2023.  The Company posted quarterly revenue of $94.8 billion … Lees verder op Tech Meme

Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI may try to raise as much as $100B in the coming years (Erin Woo/The Information) 04-05-2023

Erin Woo / The Information: Sources: OpenAI’s losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI 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 … Lees verder op Tech Meme

DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., a $162M net loss, vs. $167M in Q1 2022, and total orders up 27% YoY to 512M (Denny Jacob/Wall Street Journal) 04-05-2023

Denny Jacob / Wall Street Journal: DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., a $162M net loss, vs. $167M in Q1 2022, and total orders up 27% YoY to 512M  —  Food-delivery company’s revenue grows 40% to $2.04 billion, topping Wall Street estimates  —  DoorDash sales surged in the latest quarter … Lees verder op Tech Meme

Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY, and active riders up 9.8% YoY to 19.5M; LYFT drops 13%+ on weak Q2 guidance (Akash Sriram/Reuters) 04-05-2023

Akash Sriram / Reuters: Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY, and active riders up 9.8% YoY to 19.5M; LYFT drops 13%+ on weak Q2 guidance  —  Lyft Inc’s (LYFT.O) forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber … Lees verder op Tech Meme

Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared 'neutral' platform” (David Pierce/The Verge) 04-05-2023

David Pierce / The Verge: Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform”  —  If you want to be a member of Mozilla.Social, Mozilla’s new Mastodon instance, you’re not allowed to harass other users. Lees verder op Tech Meme

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 (Washington Post) 04-05-2023

Washington Post: 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  —  For years the tech giant published scientific research that helped jump-start its competitors.  But now it’s lurched into defensive mode. Lees verder op Tech Meme

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 (Bloomberg) 04-05-2023

Bloomberg: 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  —  Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker’s expansion into artificial intelligence processors … Lees verder op Tech Meme

Mozilla expands its Mastodon instance to private beta with strict content moderation rules, saying it is “not building another self-declared 'neutral' platform” (David Pierce/The Verge) 04-05-2023

David Pierce / The Verge: Mozilla expands its Mastodon instance to private beta with strict content moderation rules, saying it is “not building another self-declared ‘neutral’ platform”  —  If you want to be a member of Mozilla.Social, Mozilla’s new Mastodon instance, you’re not allowed to harass other users. Lees verder op Tech Meme

The CJEU clarifies GDPR compensation and data access rights, including saying that there is no non-material damage threshold to confer a right to compensation (Natasha Lomas/TechCrunch) 04-05-2023

Natasha Lomas / TechCrunch: The CJEU clarifies GDPR compensation and data access rights, including saying that there is no non-material damage threshold to confer a right to compensation  —  The European Union’s top court has handed down a couple of notable rulings today in the arena of data protection. Lees verder op Tech Meme