Tech Meme

David Yaffe-Bellany / New York Times: Trump’s World Liberty Financial says Abu Dhabi’s MGX fund is making a $2B investment in Binance using World Liberty’s USD1 stablecoin, raising ethical concerns  —  A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president’s son … Lees verder op Tech Meme

Jay Peters / The Verge: Spotify says it submitted an iOS app update letting US customers use other payment options beyond Apple’s; Patreon earlier said it would do the same  —  The streaming company has already submitted an update to its iOS app following the major ruling in Epic Games v. Apple. Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Aurora launches its commercial driverless trucking service, making deliveries between Dallas and Houston, and plans to expand to El Paso and Phoenix this year  —  After a slight delay, the company’s autonomous trucks are finally hauling freight. … The company’s Class 8 trucks … Lees verder op Tech Meme

Todd Spangler / Variety: Roku reports Q1 revenue up 16% YoY to $1.02B vs. $1.01B est., a net loss of $27.4M, compared to $50.9M a year ago; ROKU drops 5%+ after hours  —  Roku turned in first-quarter 2025 earnings that edged out Wall Street forecasts and announced a $185 million deal to buy Frndly TV … Lees verder op Tech Meme

Jonathan Vanian / CNBC: Reddit reports Q1 revenue up 61% YoY to $392M, vs. $370M est., global daily active uniques up 31% YoY to 108.1M, and Q2 revenue guidance above est.  —  Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance. Lees verder op Tech Meme

Rolfe Winkler / Wall Street Journal: Apple expects that a majority of iPhones sold in the US in the June quarter will come from India and a majority of its other devices will come from Vietnam  —  Company’s plan for the June quarter follows its 5% earnings increase for the January-to-March period Lees verder op Tech Meme

Benjamin Mayo / 9to5Mac: Tim Cook says Apple estimates tariffs will add $900M in costs for the June quarter, assuming the current tariff policy remains in place  —  On the quarterly earnings call today, Apple gave some color on the impact of tariffs on its business.  Most notably Apple CEO Tim Cook said that in the current quarter … Lees verder op Tech Meme

Kevin McLaughlin / The Information: Sources: AWS is developing an AI-assisted coding service that offers features like Cursor and goes further than its current coding assistant, Amazon Q Developer  —  Artificial intelligence-assisted coding firms are some of the hottest startups in Silicon Valley right now, drawing attention from OpenAI, among others. Lees verder op Tech Meme

Amazon.com, Inc.: Amazon reports Q1 revenue up 9% YoY to $155.7B, operating income up 20% YoY to $18.4B, and net income up 64% YoY to $17.1B; AMZN drops ~4% after hours  —  – Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024. Lees verder op Tech Meme

Noam Scheiber / New York Times: In a case related to its Activision acquisition, Microsoft dropped a law firm that settled with President Trump in favor of a firm that is fighting a Trump EO  —  The tech giant instead engaged a firm that is fighting the president’s executive orders, Jenner & Block, in a sign that those firms can still attract clients. Lees verder op Tech Meme