Emil Protalinski @EPro
Editor @Techmeme and EPro Strategies formerly Executive Editor @VentureBeat other bylines @GeekWire @TheNextWeb @ZDNet @CNET @TechSpot @ArsTechnica linkedin.com/in/emilprotali… Internet Joined June 2009-
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Warning! VC narrative violation 🚨 99% of board meetings are a massive waste of time & resources. 🧵@attentiveHQ founder @BrianCLong + I reveal: Why CEOs shouldn’t keep their board in the dark & how to turn board meetings from CEO pageantry into the MOST valuable 3hrs/quarter
Google is terrified of OpenAI. Are its worries misplaced? A critique by Google senior software engineer Luke Sernau argues that open-source AI is the company's real threat, not OpenAI. Betting on open source has helped Google take on Microsoft before... bloomberg.com/news/articles/…
$AAPL Q2 iPhone revenue 2012: $22.3 billion 2013: $23.0 billion 2014: $26.1 billion 2015: $40.3 billion 2016: $32.9 billion 2017: $33.2 billion 2018: $38.0 billion 2019: $31.1 billion 2020: $29.0 billion 2021: $47.9 billion 2022: $50.6 billion 2023: $51.3 billion
$AAPL Q2 revenue 2011: $24.7 billion 2012: $39.2 billion 2013: $43.6 billion 2014: $45.6 billion 2015: $58.0 billion 2016: $50.6 billion 2017: $52.9 billion 2018: $61.1 billion 2019: $58.0 billion 2020: $58.3 billion 2021: $89.6 billion 2022: $97.3 billion 2023: $94.8 billion
$AAPL Q2 2023 Revenue down 3% to $94.8 billion Net income down 3% to $24.2 billion iPhone revenue up 2% Mac revenue down 31% iPad revenue down 13% Wearables/Home/Accessories revenue down 1% Services revenue up 5%
This is a direct response to Google inventing Transformers, or the T in ChatGPT
Sources: Google, a prolific publisher of AI papers, plans to share them only after the research work is turned into products, due to competition with OpenAI (Washington Post) washingtonpost.com/technology/202… techmeme.com/230504/p21#a23…
Microsoft Chief Economist Michael Schwarz says AI "clearly" must be regulated. Why? "I am confident AI will be used by bad actors, and yes it will cause real damage." But he says lawmakers should wait until AI causes "real harm" before enacting rules. bloomberg.com/news/articles/…
Microsoft shoots itself in the foot, again. Outlook and Teams will soon ignore the default browser and open certain links in Edge side by side. Edge is arguably a better browser than Chrome. But Microsoft pissing off its users ensures Edge keeps losing. theverge.com/2023/5/3/23709…
Apple and Google have submitted a proposed industry specification to help combat unwanted location tracking by Bluetooth devices. They're asking for input from other companies. Tech companies love to launch first and deal with the consequences later. cnbc.com/2023/05/02/app…
Automattic drops Twitter. The company's WordPress plugin JetPack will no longer automatically tweet blog posts. Why? "Twitter decided, on short notice, to dramatically change the terms and pricing of the Twitter API." 43.2% of websites use WordPress. jetpack.com/blog/the-end-o…
The Super Mario Bros. Movie has crossed $1 billion globally at the box office. Not only is it 2023's first movie to do so, it's also now the most financially successful video game movie yet. All in just 26 days -- not even a month! Nostalgia wins again. variety.com/2023/film/news…
Spoiler: they wrote the bill with ChatGPT.
Interviews with lawmakers and sources reveal how, over just 11 days, MEPs created a draft bill on generative AI, a rare example of quick consensus in the EU (Reuters) reuters.com/technology/beh… techmeme.com/230428/p19#a23…
Arm is going public. The IPO is set to be 2023's biggest. The UK chip design firm reportedly filed to go public on the Nasdaq, seeking to raise $8 billion to $10 billion. For its part, the Softbank subsidiary says the size and range hasn't been set yet. reuters.com/markets/deals/…
@BexelInitiative oh definitely macroeconomic pressure
Cloud spending grew 19% YoY to $63 billion in Q1 2023. That's a lot for a big market, but it's quite the slowdown from the 32% growth in Q1 2022. Amazon, Microsoft, and Google own 65% of the market. They'll do everything to keep it that way by charging less in the techcession.
@MartinSFP great minds
Sony sold 6.3 million PS5 consoles in Q4 2022, up 215% year-over-year. Sony has now sold over 38.4 million PS5s since the November 2020 launch. The PS5 still has a long way to go. PS5: 38.4 million PS4: 117.2 million PS3: 87.4 million PS2: 155+ million PS: 102.49 million
$AMZN employees Q1 2020: 840,400 Q2 2020: 876,800 Q3 2020: 1,125,300 Q4 2020: 1,298,000 Q1 2021: 1,271,000 Q2 2021: 1,335,000 Q3 2021: 1,468,000 Q4 2021: 1,608,000 Q1 2022: 1,622,000 Q2 2022: 1,523,000 Q3 2022: 1,544,000 Q4 2022: 1,541,000 Q1 2023: 1,465,000
$AMZN AWS revenue growth Q3 2018: 48% Q4 2018: 45% Q1 2019: 41% Q2 2019: 37% Q3 2019: 35% Q4 2019: 34% Q1 2020: 33% Q2 2020: 29% Q3 2020: 29% Q4 2020: 28% Q1 2021: 32% Q2 2021: 37% Q3 2021: 39% Q4 2021: 40% Q1 2022: 37% Q2 2022: 33% Q3 2022: 27% Q4 2022: 20% Q1 2023: 17%
$AMZN Q1 2023: Revenue up 9% to $127.4 billion Net income of $3.2 billion, vs. a $3.8 billion loss AWS up 16% Subscriptions up 15% Advertising services up 21% North American sales up 11% International sales up 1% Employees down 10% to 1,465,000
alex 🏴☠️�... @alex
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alex 🏴☠️�... @alex
105K Followers 8K Following Journalist. @twistartups, @CaOptNews. Dad x3. He/Him. Black Lives Matter. I podcast and write. Hey!
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@eliothiggins.bsky.so... @EliotHiggins
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