Alphabet Shares Jump 14% On Earnings Beat, First-Ever Dividend

Alphabet has reported first quarter results that topped analysts’ estimates with soaring profits in its cloud division. It also announced its first-ever dividend. CNBC shares the results: Earnings per share: $1.89 vs. $1.51 per share expected by LSEG
Revenue: $80.54 billion vs. $78.59 billion expected by LSEG
Wall Street is also watching several other numbers in the report:

YouTube advertising revenue: $8.09 billion vs. $7.72 billion expected, according to StreetAccount.
Google Cloud revenue: $9.57 billion vs. $9.35 billion expected, according to StreetAccount.
Traffic acquisition costs (TAC): $12.95 billion $12.74 billion expected, according to StreetAccount.

Alphabet’s revenue increased 15% from $69.79 billion a year earlier, the fastest rate of growth since early 2022. Alphabet said its board approved a cash dividend of 20 cents per share to be paid on June 17, to stockholders of record as of June 10. The company said it “intends to pay quarterly cash dividends in the future.”

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Apple Reportedly Developing Its Own Custom Silicon For AI Servers

Hartley Charlton reports via MacRumors: Apple is said to be developing its own AI server processor using TSMC’s 3nm process, targeting mass production by the second half of 2025. According to a post by the Weibo user known as “Phone Chip Expert,” Apple has ambitious plans to design its own artificial intelligence server processor. The user, who claims to have 25 years of experience in the integrated circuit industry, including work on Intel’s Pentium processors, suggests this processor will be manufactured using TSMC’s 3nm node.

Apple’s purported move toward developing a specialist AI server processor is reflective of the company’s ongoing strategy to vertically integrate its supply chain. By designing its own server chips, Apple can tailor hardware specifically to its software needs, potentially leading to more powerful and efficient technologies. Apple could use its own AI processors to enhance the performance of its data centers and future AI tools that rely on the cloud. While Apple is rumored to be prioritizing on-device processing for many of its upcoming AI tools, it is inevitable that some operations will have to occur in the cloud. By the time the custom processor could be integrated into operational servers in late 2025, Apple’s new AI strategy should be well underway.

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Manga Site Blocks Adult Content, But Only For US and UK Users

Samantha Cole reports via 404 Media: A Japan-based online art platform is banning kink content for users based in the US and UK, as laws in these countries continue to tighten around sites that allow erotic content. Pixiv is an image gallery site where artists primarily share illustrations, manga, and novels. The site announced on April 22 that starting April 25, users whose account region is set to the US or UK will be subject to Pixiv’s new terms of use, “Restrictions for Healthy Expression in Specific Countries and Regions.”

The restrictions include several kinds of content that are illegal in the US, including sexualized depictions of minors and bestiality, as well as non-consensual depictions and deepfakes. But it also includes “content that appeals to the prurient interest, is patently offensive in light of community standards where you are located or where such content may be accessed or distributed, lacks serious literary, artistic, political, or scientific value, or otherwise violates any applicable obscenity laws, rules or regulations.” This is an invocation of the Miller test, which determines non-constitutionally protected obscenity. “I’d never say this a few years ago, but it’s my personal fear that the next step is most major internet hosting services implementing these policies on an infrastructure level,” said an artist who goes by kradeelav. “My colleagues are certainly planning for it by specifically looking for kink-friendly hosts, to actually making homebrew servers themselves in worst-case scenarios.”

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Google Delays Third-Party Cookie Demise Yet Again

Google is delaying the end of third-party cookies in Chrome — again. This marks the third time Google pushed back its original deadline set in January 2020, when the company said it would phase out third-party cookies “within two years” to improve internet security. Digiday reports: The announcement was made on Tuesday ahead of quarterly reports from Google and the ever-watchful U.K. Competition and Markets Authority (CMA), keeping tabs on how this whole situation unfolds.

“We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and developers, and will continue to engage closely with the entire ecosystem,” according to a statement Google posted on its website for the Privacy Sandbox. “It’s also critical that the CMA has sufficient time to review all evidence including results from industry tests, which the CMA has asked market participants to provide by the end of June. Given both of these significant considerations, we will not complete third-party cookie deprecation during the second half of Q4.”

Google did not outline a more specific timetable beyond hoping for 2025. […] “We remain committed to engaging closely with the CMA and ICO and we hope to conclude that process this year,” Google’s statement read. “Assuming we can reach an agreement, we envision proceeding with third-party cookie deprecation starting early next year.” “We welcome Google’s announcement clarifying the timing of third-party cookie deprecation. This will allow time to assess the results of industry tests and resolve remaining issues,” said a spokesperson from the CMA. “Under the commitments, Google has agreed to resolve our remaining competition concerns before going ahead with third-party cookie deprecation. Working closely with the ICO we expect to conclude this process by the end of 2024.”

At the start of the year, Google started purging third-party cookies for one percent of browser traffic.

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Change Healthcare Finally Admits It Paid Ransomware Hackers

Andy Greenberg reports via Wired: More than two months after the start of a ransomware debacle whose impact ranks among the worst in the history of cybersecurity, the medical firm Change Healthcare finally confirmed what cybercriminals, security researchers, and Bitcoin’s blockchain had already made all too clear: that it did indeed pay a ransom to the hackers who targeted the company in February. And yet, it still faces the risk of losing vast amounts of customers’ sensitive medical data. In a statement sent to WIRED and other news outlets on Monday evening, Change Healthcare wrote that it paid a ransom to a cybercriminal group extorting the company, a hacker gang known as AlphV or BlackCat. “A ransom was paid as part of the company’s commitment to do all it could to protect patient data from disclosure,” the statement reads. The company’s belated admission of that payment accompanied a new post on its website where it warns that the hackers may have stolen health-related data that would “cover a substantial proportion of people in America.”

Cybersecurity and cryptocurrency researchers told WIRED last month that Change Healthcare appeared to have paid that ransom on March 1, pointing to a transaction of 350 bitcoins or roughly $22 million sent into a crypto wallet associated with the AlphV hackers. That transaction was first highlighted in a message on a Russian cybercriminal forum known as RAMP, where one of AlphV’s allegedly jilted partners complained that they hadn’t received their cut of Change Healthcare’s payment. However, for weeks following that transaction, which was publicly visible on Bitcoin’s blockchain and which both security firm Recorded Future and blockchain analysis firm TRM Labs told WIRED had been received by AlphV, Change Healthcare repeatedly declined to confirm that it had paid the ransom.

Change Healthcare’s confirmation of that extortion payment puts new weight behind the cybersecurity industry’s fears that the attack — and the profit AlphV extracted from it — will lead ransomware gangs to further target health care companies. “It 100 percent encourages other actors to target health care organizations,” Jon DiMaggio, a researcher with cybersecurity firm Analyst1 who focuses on ransomware, told WIRED at the time the transaction was first spotted in March. “And it’s one of the industries we don’t want ransomware actors to target — especially when it affects hospitals.” Compounding the situation, a conflict between hackers in the ransomware ecosystem has led to a second ransomware group claiming to possess Change Healthcare’s stolen data and threatening to sell it to the highest bidder on the dark web. Earlier this month that second group, known as RansomHub, sent WIRED alleged samples of the stolen data that appeared to come from Change Healthcare’s network, including patient records and a contract with another health care company.

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Oracle Is Moving Its World Headquarters To Nashville

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter. CNBC reports: In a wide-ranging conversation with Bill Frist, a former U.S. Senate Majority Leader, Ellison said Oracle is moving a “huge campus” to Nashville, “which will ultimately be our world headquarters.” He said Nashville is an established health center and a “fabulous place to live,” one that Oracle employees are excited about. “It’s the center of the industry we’re most concerned about, which is the health-care industry,” Ellison said. The announcement was seemingly spur-of-the-moment. “I shouldn’t have said that,” Ellison told Frist, a longtime health-care industry veteran who represented Tennessee in the Senate. The pair spoke during a fireside chat at the Oracle Health Summit in Nashville.

Nashville has been a major player in the health-care scene for decades, and the city is now home to a vibrant network of health systems, startups and investment firms. The city’s reputation as a health-care hub was catalyzed when HCA Healthcare, one of the first for-profit hospital companies in the U.S., was founded there in 1968. HCA helped attract troves of health-care professionals to Nashville, and other organizations quickly followed suit. Oracle has been developing its new $1.2 billion campus in the city for about three years, according to The Tennessean. “Our people love it here, and we think it’s the center of our future,” Ellison said.

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Try Something New To Stop the Days Whizzing Past, Researchers Suggest

Nicola Davis reports via The Guardian: If every day appears to go in a blur, try seeking out new and interesting experiences, researchers have suggested, after finding memorable images appear to dilate time. Researchers have previously found louder experiences seem to last longer, while focusing on the clock also makes time dilate, or drag. Now researchers have discovered the more memorable an image, the more likely a person is to think they have been looking at it for longer than they actually have. Such images were also easier for participants to recall the next day. Prof Martin Wiener, co-author of the study who is based at George Mason University in the U.S., said the findings could help develop improve artificial intelligence that interacts with humans, while they also offer opportunities to tweak our perceptions, given research has previously shown non-invasive brain stimulation can be used to lengthen a perceived interval.

The results from two groups, totaling about 100 people, revealed participants were more likely to think they had been looking at small, highly cluttered scenes — such a crammed pantry — for a shorter duration than was the case, whereas the reverse occurred when people viewed large scenes with little clutter, such as the interior of an aircraft hangar. The team also carried out experiments involving 69 participants that found images known from previous work to be more memorable were more likely to be judged as having been shown for longer than was the case. Crucially, the effect seemed to go both ways.

“We also found that the longer the perceived subjective duration of an image, the more likely you were to remember it the next day,” said Wiener. When the team carried out an analysis using deep learning models of the visual system, they discovered more memorable images were processed faster. What’s more, the processing speed for an image was correlated with how long participants thought they had been looking at it. “Images may be more memorable because they are processed faster and more efficiently in the visual system, and that drives the perception of time,” said Wiener. The team suggest time dilation might serve a purpose, enabling us to gather information about the world around us. The findings have been published in the journal Nature Human Behavior.

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Huawei Wants To Take Homegrown HarmonyOS Phone Platform Worldwide

An anonymous reader quotes a report from The Register: Huawei plans to expand its native HarmonyOS smartphone platform worldwide, despite coming under US-led sanctions that have deprived it of access to key technologies. “We will work hard to build up the HarmonyOS app ecosystem in the China market first, then, from country to country, we will start gradually pushing it out to other parts of the world,” Huawei’s rotating chairman Erik Xu told attendees at its 21st Analyst Summit in Shenzhen last week. Part of this process will involve porting apps to HarmonyOS and encouraging other app developers to code for the platform.

“In the China market, Huawei smartphone users spend 99 percent of their time on about 5,000 apps. So we decided to spend 2024 porting these apps over to HarmonyOS first in our drive to truly unify the OS and the app ecosystem. We are also encouraging other apps to be ported over to HarmonyOS,” Xu said. According to Huawei’s rotating chairman, more than 4,000 of those apps are already in the process of being transferred, and the company is “communicating with developers” on the 1,000 or so apps that remain. “This is a massive undertaking, but we have broad support in the industry and from many app developers,” he claimed. “Once we have these first 5,000 Android apps — and thousands of other apps — up and running on HarmonyOS, we will have a real HarmonyOS: a third mobile operating system for the world,” Xu said. That number could reach up to 1 million apps in the future, he claimed. According to Counterpoint Research, HarmonyOS accounted for 4 percent of global market share in the fourth quarter of 2023, and exceeded 16 percent market share in China. That makes it the third largest mobile OS by handset sales, behind Android and iOS.

It remains to be seen whether there will be much of a market for HarmonyOS outside of China, given the current sanctions and sour US/EU-China relations.

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Apple Acquires Datakalab, a French Startup Behind AI and Computer Vision Tech

According to French business magazine Challenges, Apple has acquired Datakalab — a Paris-based startup specializing in artificial intelligence compression and computer vision technology. 9to5Mac reports: Datakalab described itself as “experts in low power, runtime efficient, and deep learning algorithms” that work on device. On its LinkedIn page, Datakalab highlights “industry leading compression and adaptation to deploy embedded computer vision that is fast, cost-effective and precise.” Prior to the Apple acquisition had between 10 and 20 employees.

From Datakalab’s now-defunct website: “Datakalab is a French technology company that develops computer image analysis algorithms to measure flows in public space. The images are instantly transformed into anonymized statistical data processed locally in 100ms. Datakalab does not store any images or personal data and only keeps statistical data. Datakalab products are built according to the principle of ‘Privacy by Design.'”

While neither Apple nor DatakaLab have acknowledged the acquisition, Challenges says that the deal was reported to the European Commission this month. The report says that Datakalab’s two founders did not join Apple, but multiple other employees did make the jump. Datakalab also held multiple patents related to AI compression and vision technology. The acquisition makes perfect sense given Apple’s rumored ambitions to run its upcoming AI-related features in iOS 18 “entirely on device.”

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Pareto’s Economic Theories Used To Find the Best Mario Kart 8 Racer

Data scientist Antoine Mayerowitz, PhD, applied Vilfredo Pareto’s (the early 20th-century Italian economist) theories to Mario Kart 8 Deluxe to determine the best racer combinations. “When you break down the build options (including driver stats and various vehicle details) in Mario Kart 8 Deluxe, there are over 700,000 possible combinations,” notes Engadget. “But once you eliminate duplicates that differ only in appearance, you can narrow it down to ‘only’ 25,704 possibilities.” From the report: Pareto’s theories, most notably the Pareto front, help us navigate the complexities of choice. They can pinpoint the solutions with the most balanced strengths and the fewest trade-offs. Pareto’s work is about efficiency and effectiveness. […] Mayerowitz’s Pareto front analysis lets you narrow your possibilities down to the 14 most efficient. And it turns out the game’s top players were onto something: One of the combinations with the most ideal balance of speed, acceleration and mini-turbo is Cat Peach driving the Teddy Buggy, roller tires and cloud glider — one already favored among Mario Kart 8 competitors.

Of course, if that combination isn’t your cup of tea, there are others that allow you to stay within the Pareto front’s optimal range. As Eurogamer points out, Donkey Kong, Wario (my old standby, mostly because he makes me laugh) and Princess Peach are often highlighted as drivers, and you can use Mayerowitz’s data fields to find the best matching vehicles. Keep in mind that others have identical stats, so racers like Villager (female), Inkling Girl and Diddy Kong are separated only by appearances.

To find your ideal racer, you can head over to Mayerowitz’s website. There, you can enter your most prized stats and view the combos that give you the best balance (those highlighted in yellow), according to Pareto’s theories.

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