Here's your T&B Tech Minute for Thursday, May 2nd.

I'm Alex Osila for the Wall Street Journal.

Apple's quarterly revenue declined.

Apple sales for the January to March quarter were 90.75 billion dollars, down 4.3% from the prior year.

Net income fell 2.2% to 23.6 billion dollars.

Both figures slightly beat the average of analyst expectations.

Apple is struggling on a number of fronts as it's confronting ailing iPhone sales and

anemic demand for its products in China. Universal music and Tik-Toc have reached and increasing artist royalties and broadening artificial intelligence protections.

The deal ends a month-long public spat punctuated by US congressional calls to force a sale or

ban of Tik-Tock, a looming threat of legal action by Universal over unlicensed songs still on the service,

and Taylor Swift's surprise decision to put her music back on Tik-Tock ahead of a new album release.

And Microsoft will invest $22 billion dollars in cloud and AI infrastructure in Malaysia.

Microsoft said its investment over four years will build on previously announced plans to construct its first data center region in Malaysia and

mark its single biggest investment in the country.

It said the outlay would help meet growing demand for cloud computing services in Malaysia,

provide training and AI skills to 200,000 people, and allow it to work

with the government to develop local cybersecurity capabilities.

For a deeper dive into what's happening in tech, check out Friday's Tech News Briefing

Podcast.