Ashley Capoot / CNBC:
Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP is up 20%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily active users — Snap reported first-quarter results …
In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI’s board and how OpenAI decides when a technology achieves AGI (Bloomberg)
Bloomberg:
In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI’s board and how OpenAI decides when a technology achieves AGI — Elon Musk has stepped up his court fight with OpenAI by demanding documents from ex-board member Helen Toner …
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; stock is up 5% after hours (Microsoft)
Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; stock is up 5% after hours — Microsoft Cloud Strength Fuels Third Quarter Results REDMOND, Wash. — April 25, 2024 — Microsoft Corp. today announced …
As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe’s largest tech firm, through the US-China chip war (Toby Sterling/Reuters)
Toby Sterling / Reuters:
As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe’s largest tech firm, through the US-China chip war — ASML’s (ASML.AS) new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe’s biggest tech company through the US/China …
Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed (Meir Orbach/CTech)
Meir Orbach / CTech:
Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed — The Israeli startup’s platform helps security teams prioritize the most urgent risks based on an organization’s unique threat profile …
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%+; GOOG up 13%+ after hours (Alphabet)
Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%+; GOOG up 13%+ after hours — Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2024.
Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch:
Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 — Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced …
Threads expands Hidden Words to let users filter out words, phrases, or emoji, and tests the option to mute notifications and ways to select who can quote posts (Ivan Mehta/TechCrunch)
Ivan Mehta / TechCrunch:
Threads expands Hidden Words to let users filter out words, phrases, or emoji, and tests the option to mute notifications and ways to select who can quote posts — Threads and Instagram head Adam Mosseri announced today that Threads is launching a new feature that lets users filter out words and phrases from their feeds and mentions.
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok’s algorithm as core to overall ByteDance systems (Reuters)
Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok’s algorithm as core to overall ByteDance systems — TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts …
Sublime, which monitors emails of companies and political campaigns to spot AI-generated phishing attacks, raised a $20M Series A, taking total funding to $30M (Thomas Brewster/Forbes)
Thomas Brewster / Forbes:
Sublime, which monitors emails of companies and political campaigns to spot AI-generated phishing attacks, raised a $20M Series A, taking total funding to $30M — While Russian agents were breaking into the Democratic National Committee’s emails in mid-2016 in an attempt to influence …
