Jaspreet Singh / Reuters:
Bumble reports Q1 revenue up 10.2% YoY to $267.8M, vs. $265.5M est., total paying users of ~4M, up from 3.5M a year ago, and expects Q2 revenue below estimates — Bumble (BMBL.O) beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users …
Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn’t pay any ransom after ~43GB of its data was posted (AJ Vicens/CyberScoop)
AJ Vicens / CyberScoop:
Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn’t pay any ransom after ~43GB of its data was posted — That attempt was one of multiple “extremely large” ransom demands made by LockBit over the years, authorities said.
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI (Dallin Grimm/Tom’s Hardware)
Dallin Grimm / Tom’s Hardware:
Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI — Stack Overflow is overflowing with salt. — Stack Overflow, a legendary internet forum for programmers and developers …
Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come (Dade Hayes/Deadline)
Dade Hayes / Deadline:
Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come — Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate (Pratik Jain/Reuters)
Pratik Jain / Reuters:
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate — Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident …
A look at potential successors to Tim Cook; sources say Apple’s hardware engineering chief John Ternus is the most likely long-term successor (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple’s hardware engineering chief John Ternus is the most likely long-term successor — John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO. — Tim Cook has transformed Apple Inc. since taking …
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37%, and forecasts FY 2025 revenue below expectations (Reuters)
Reuters:
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37%, and forecasts FY 2025 revenue below expectations — Chip designer Arm Holdings (O9Ty.F), gave a fiscal first-quarter revenue forecast on Wednesday that beat Wall Street’s expectations, but its full-year forecast was below expectations.
OpenAI publishes Model Spec, which specifies how its models should behave, including objectives, rules, and default behaviors, and asks the public for feedback (Carl Franzen/VentureBeat)
Carl Franzen / VentureBeat:
OpenAI publishes Model Spec, which specifies how its models should behave, including objectives, rules, and default behaviors, and asks the public for feedback — OpenAI isn’t done trying to live up to the “open” in its name. — While not making any of its new models open source …
Instacart Q1: revenue up 8% YoY to $820M, vs. $794.5M est., gross transaction value up 11% to $8.32B; CFO Nick Giovanni is retiring, replaced by Emily Reuter (Natalie Lung/Bloomberg)
Natalie Lung / Bloomberg:
Instacart Q1: revenue up 8% YoY to $820M, vs. $794.5M est., gross transaction value up 11% to $8.32B; CFO Nick Giovanni is retiring, replaced by Emily Reuter — – Emily Reuter named CFO after joining Instacart six months ago — Instacart reports better-than-expected first-quarter results
Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, net income of $157M, vs. a net loss of $511M YoY (Jesse Pound/CNBC)
Jesse Pound / CNBC:
Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, net income of $157M, vs. a net loss of $511M YoY — Shares of Robinhood rose in extended trading Wednesday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.
