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Monthly Archives: May 2025
Venmo gaining ground in payments as Cash App struggles
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing steam.
Apple has managed tariffs so far, but Cook says it’s tough to predict beyond June
The vast majority of Apple’s products are “currently not subject” to Trump’s tariffs, CEO Tim Cook said. But beyond June, he didn’t say much.
Amazon CEO says 100,000 users now have Alexa+
Amazon’s upgraded digital assistant powered by generative AI, Alexa+, has rolled out to over 100,000 users, CEO Andy Jassy said on the company’s earnings call Thursday. While that’s a far cry from the 600 million Alexa devices out there, the … Continue reading
Reddit’s AI play is for the Google crowd, not just the community scrollers
Reddit CEO Steve Huffman says there are two kinds of people who come to the social media platform: Scrollers and seekers. Scrollers are the ones who come to Reddit’s core product, which is community conversation and engaging about topics they’re … Continue reading
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A Judge Says Meta’s AI Copyright Case Is About ‘the Next Taylor Swift’
Meta’s contentious AI copyright battle is heating up—and the court may be close to a ruling.
Nvidia CEO Jensen Huang gets first salary raise in a decade
Nvidia CEO Jensen Huang saw a 49% boost to his salary.
Apple’s Quarterly Earnings Tops Wall Street Expectations With $24.78 Billion Profit
Tim Cook, the company’s C.E.O., said he expected $900 million in extra costs this quarter because of President Trump’s tariffs.
Amazon’s Mixed Earnings Report Sends Share Prices Down
The company reported overall mixed results, sending share prices down in after-hours trading.
Despite paying $900M in tariffs, Apple’s Tim Cook isn’t announcing price increases — yet
“We’re very engaged on the tariff discussions, Apple CEO Tim Cook said. “On the pricing piece, we have nothing to announce today.”
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Apple CEO Tim Cook says tariffs to add $900M in costs in Q3, but future uncertain
Apple CEO Tim Cook offered the company’s first comments on the impact of President Trump’s tariffs during Thursday’s second-quarter earnings call with investors. While the iPhone maker saw only “limited impact” from tariffs in the March quarter, Cook said Apple … Continue reading
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