Sarah Perez / TechCrunch:
Sam’s Club has deployed its exit tech, which uses computer vision to check members’ purchases against their receipts, at 120+ locations, or 20% of its stores — Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts …
An APK review suggests the Rabbit R1 runs Android and its entire user interface is powered by a single Android app (Mishaal Rahman/Android Authority)
Mishaal Rahman / Android Authority:
An APK review suggests the Rabbit R1 runs Android and its entire user interface is powered by a single Android app — The Rabbit R1 is probably running Android and is certainly powered by an Android app under the hood. — • — TL;DR — The Rabbit R1 is an AI-powered …
IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T (Madlin Mekelburg/Bloomberg)
Madlin Mekelburg / Bloomberg:
IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T — – Appeals court says IBM won BMC’s client ‘fair and square’ — Judgment in 2022 was one of the largest-ever of its kind
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost (Derek Andersen/Cointelegraph)
Derek Andersen / Cointelegraph:
Coinbase adds support for the Bitcoin Lightning Network via payments startup Lightspark, letting customers transfer bitcoin faster and at a lower cost — The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange. — Total views
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% YoY to 518M, and Q2 revenue forecast above est.; PINS jumps 15%+ after hours (Aisha Counts/Bloomberg)
Aisha Counts / Bloomberg:
Pinterest reports Q1 revenue up 23% YoY to $740M, vs. $700.3M est., MAUs up 12% YoY to 518M, and Q2 revenue forecast above est.; PINS jumps 15%+ after hours — – Shares soar after company beats on sales and user growth — Gen-Z is flocking to the site for shopping over scrolling
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B (Amazon)
Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY (Jordan Novet/CNBC)
Jordan Novet / CNBC:
Amazon reports Q1 AWS revenue up 17% YoY to $25.04B, vs. $24.49B est., and AWS operating income of $9.42B, vs. $7.52B est., up from $5.12B YoY — Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023.
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY (Kif Leswing/CNBC)
Kif Leswing / CNBC:
AMD reports Q1 revenue up 2% YoY to $5.47B, vs. $5.46B est., Data Center revenue up 80% YoY to $2.3B, and a $123M net income, up from a $139M net loss YoY — Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.
A screenshot seems to show TikTok circumventing Apple’s App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
A screenshot seems to show TikTok circumventing Apple’s App Store fees by showing some users a link to a site for buying digital coins, instead of using IAPs — TikTok may be routing around the App Store to save money on commissions. According to new findings, the ByteDance-owned social video app …
Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses (Todd Spangler/Variety)
Todd Spangler / Variety:
Amazon reports Q1 ad revenue up 24% YoY to $11.8B, vs. $11.7B est., driven by the growth of its Stores and Prime Video businesses — Amazon raked in $11.82 billion in ad revenue for the first quarter of 2024, well over analyst expectations, fueled by the ecommerce giant’s move to serve advertising …