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

MacKenzie Sigalos / CNBC: WH crypto czar David Sacks says stablecoin legislation could be done in the next six months, after lawmakers introduced a bill to create a regulatory framework  —  As David Sacks, the newly appointed White House AI and crypto czar, collaborates with lawmakers on potential regulations for digital assets … Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Kaspersky researchers found apps in Google’s Play Store and Apple’s App Store that use OCR to steal crypto wallet recovery phrases from images on users’ devices  —  Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) … 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 the subreddit had “broken the law” on February 3  —  The company said it was due to a “prevalence of violent content.”  —  Reddit has temporarily banned … Lees verder op Tech Meme

Stephen Nellis / Reuters: Qualcomm CEO Cristiano Amon says Arm has withdrawn its breach claims against the company and now Arm has no plans to end its license agreement with Qualcomm  —  Qualcomm’s (QCOM.O) Chief Executive Officer Cristiano Amon on Wednesday said Arm Holdings (O9Ty.F) has withdrawn a threat … Lees verder op Tech Meme

404 Media: Sources: DOGE staff were ordered to stop using Slack while it transitions from the OMB to the Executive Office of the President, which is not subject to FOIA  —  Employees at Elon Musk’s agency have been told: “OMB is asking us to stop generating new slack messages starting now.” 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 licensing and other revenue up 14% YoY to $403M  —  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

Mark Gurman / Bloomberg: Sonos is laying off about 200 employees, or 12% of its staff, as it reorganizes to make its product teams “flatter, smaller, and more focused”  —  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

Miles Kruppa / Wall Street Journal: Email: Google is eliminating its goal of hiring more employees from historically underrepresented groups and reviewing some DEI programs  —  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

Kif Leswing / CNBC: Qualcomm reports Q1 revenue up 17% YoY to $11.67B, vs. $10.93B est., handsets revenue up 13% to $7.57B, net income up 15% to $3.18B, issues a strong Q2 guidance  —  Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Lees verder op Tech Meme