Tech Meme

Greg Bensinger / Reuters: Amazon announces an Alexa-focused event on February 26 in New York; sources say the company will preview its long-delayed Alexa generative AI revamp  —  Amazon (AMZN.O) is set to release its long-awaited – and delayed – Alexa generative artificial intelligence voice service … Lees verder op Tech Meme

Wall Street Journal: Sources: banks sold $5.5B in debt that X borrowed, at $0.97 on the dollar, after strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar  —  X CEO tells investors that the financial health of social-media company is improving  —  Elon Musk’s power in Washington … Lees verder op Tech Meme

Jason Shubnell / The Block: MicroStrategy rebrands as Strategy; its new logo has a stylized “B” for its BTC strategy and orange is its primary color for “energy, intelligence, and Bitcoin”  —  – The brand’s primary color is now orange, which it says represents energy, intelligence and Bitcoin. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sonos lays off ~200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused”, weeks after losing its CEO  —  Sonos Inc. said it’s cutting about 12% of its staff, or 200 workers, in a bid to make its product teams “flatter, smaller and more focused.” Lees verder op Tech Meme

Max A. Cherney / Reuters: Arm reports Q3 revenue up 19% YoY to $983M, vs. $946.7M est., royalty revenue up 23% YoY to $580M, and lowers is FY revenue guidance; ARM drops 5%+ after hours  —  Chip tech provider Arm Holdings (O9Ty.F), said on Wednesday it will no longer meet the top end of its previous full-year guidance … Lees verder op Tech Meme

Bloomberg: Sources: SoftBank is in advanced talks to acquire Ampere Computing in a deal that could value the Oracle-backed Arm chip designer at ~$6.5B, including debt  —  – Deal could value Oracle-backed Ampere at about $6.5 billion  — Chip companies looking to capitalize on AI spending boom Lees verder op Tech Meme

Wall Street Journal: Sources: OpenAI is expected to air its first TV ad during Sunday’s Super Bowl; MediaRadar: AI companies spent $332M on ads in 2024, over double their 2023 spend  —  The TV spot marks the artificial-intelligence company’s biggest foray into consumer advertising to date Lees verder op Tech Meme

Karissa Bell / Engadget: Reddit banned r/WhitePeopleTwitter for 72 hours due to “a prevalence of violent content”, after Elon Musk said on February 3 that its users had “broken the law”  —  The company said it was due to a “prevalence of violent content.”  —  Reddit has temporarily banned … Lees verder op Tech Meme

Chris Metinko / Crunchbase News: Semgrep, which offers an autonomous code security platform for developers, raised a $100M Series D led by Menlo Ventures, bringing its total funding to $204M  —  Although cybersecurity venture funding bounced back some last year, it ended 2024 being relatively stagnant. Lees verder op Tech Meme

Miles Kruppa / Wall Street Journal: Email: Google eliminates its goal of hiring more employees from historically underrepresented groups and is reviewing some DEI programs after Donald Trump’s EOs  —  Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley Lees verder op Tech Meme