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Tech Meme

Affirm Q3: revenue up 7% YoY to $381M, vs. $370M est., net loss of $205.7M, vs. $54.7M YoY, gross merchandise volume of $4.6B, up from $3.9B YoY; AFRM down 8%+ (Jeremy C. Owens/Marketwatch) 10-05-2023

Jeremy C. Owens / Marketwatch: Affirm Q3: revenue up 7% YoY to $381M, vs. $370M est., net loss of $205.7M, vs. $54.7M YoY, gross merchandise volume of $4.6B, up from $3.9B YoY; AFRM down 8%+  —  Buy-now, pay-later company beats expectations across the board with quarterly results, but stock slumps more than 8% in after-hours trading Lees verder op Tech Meme

EU draft proposal: non-EU cloud providers seeking an EU cybersecurity label to handle sensitive data must do so via a joint venture with an EU-based company (Foo Yun Chee/Reuters) 10-05-2023

Foo Yun Chee / Reuters: EU draft proposal: non-EU cloud providers seeking an EU cybersecurity label to handle sensitive data must do so via a joint venture with an EU-based company  —  Amazon (AMZN.O), Alphabet’s (GOOGL.O) Google, Microsoft (MSFT.O) and other non-European Union cloud service providers looking … Lees verder op Tech Meme

iOS 16.5 mentions new Beats Studio Pro headphones, which a source says come in four colors with a Transparency mode, Personalized Spatial Audio, and better ANC (Filipe Espósito/9to5Mac) 09-05-2023

Filipe Espósito / 9to5Mac: iOS 16.5 mentions new Beats Studio Pro headphones, which a source says come in four colors with a Transparency mode, Personalized Spatial Audio, and better ANC  —  Earlier this year, 9to5Mac revealed that Apple has been working on new Beats Studio Buds+ with a custom Beats chip. Lees verder op Tech Meme

Twilio reports Q1 revenue up 15% YoY to $1.01B, vs. $1B est., 300K+ active customer accounts, up from 268K+ YoY, and Q2 guidance below estimates; TWLO down 13%+ (Jordan Novet/CNBC) 09-05-2023

Jordan Novet / CNBC: Twilio reports Q1 revenue up 15% YoY to $1.01B, vs. $1B est., 300K+ active customer accounts, up from 268K+ YoY, and Q2 guidance below estimates; TWLO down 13%+  —  – Twilio’s results surpassed expectations for the first quarter, but second-quarter guidance lagged estimates. Lees verder op Tech Meme

EA reports Q4 revenue of $1.87B, up 2.7% YoY, a $12M net loss, vs. a $225M net income YoY, net bookings up 11% YoY to $1.95B, and FIFA net bookings up 31% YoY (Etan Vlessing/The Hollywood Reporter) 09-05-2023

Etan Vlessing / The Hollywood Reporter: EA reports Q4 revenue of $1.87B, up 2.7% YoY, a $12M net loss, vs. a $225M net income YoY, net bookings up 11% YoY to $1.95B, and FIFA net bookings up 31% YoY  —  But the video game company swung to a net loss of $12 million, against a year-earlier net profit of $225 million. Lees verder op Tech Meme

Tucker Carlson will relaunch his show on Twitter with help from ex-Fox News staff and will forgo at least $25M owed to him by Fox to break a non-compete clause (Dylan Byers/@dylanbyers) 09-05-2023

Dylan Byers / @dylanbyers: Tucker Carlson will relaunch his show on Twitter with help from ex-Fox News staff and will forgo at least $25M owed to him by Fox to break a non-compete clause  —  🚨 NEWS: Tucker Carlson will relaunch his show *on Twitter* with help from former Fox News staff. He will forgo at least $25 million owed to him by Fox Corp. in order to break non-compete clause. @PuckNews Lees verder op Tech Meme

Airbnb reports Q1 revenue up 20% YoY to $1.82B, vs. $1.79B est., its first profitable Q1 with a $117M net income, and a cautious outlook for Q2; ABNB drops 10%+ (Ashley Capoot/CNBC) 09-05-2023

Ashley Capoot / CNBC: Airbnb reports Q1 revenue up 20% YoY to $1.82B, vs. $1.79B est., its first profitable Q1 with a $117M net income, and a cautious outlook for Q2; ABNB drops 10%+  —  – Shares of Airbnb fell in extended trading Tuesday after the company released first-quarter earnings that beat analyst estimates … Lees verder op Tech Meme

Anthropic, an AI startup founded by former OpenAI staff and that raised $1.3B, including $300M from Google, details its “constitutional AI” for safer chatbots (James Vincent/The Verge) 09-05-2023

James Vincent / The Verge: Anthropic, an AI startup founded by former OpenAI staff and that raised $1.3B, including $300M from Google, details its “constitutional AI” for safer chatbots  —  Anthropic is a bit of an unknown quantity in the AI world.  Founded by former OpenAI employees and keen to present itself … Lees verder op Tech Meme

iOS 16.5 mentions new Beats Studio Pro headphones, which a source says come in four colors with a Transparency mode, Personalized Spatial Audio, and better ANC (Filipe Espósito/9to5Mac) 09-05-2023

Filipe Espósito / 9to5Mac: iOS 16.5 mentions new Beats Studio Pro headphones, which a source says come in four colors with a Transparency mode, Personalized Spatial Audio, and better ANC  —  Earlier this year, 9to5Mac revealed that Apple has been working on new Beats Studio Buds+ with a custom Beats chip. Lees verder op Tech Meme

Carriers in dozens of US states are tearing out Chinese equipment, a difficult process the FCC says has already cost $5B+, well over its $1.9B reimbursement pot (Cecilia Kang/New York Times) 09-05-2023

Cecilia Kang / New York Times: Carriers in dozens of US states are tearing out Chinese equipment, a difficult process the FCC says has already cost $5B+, well over its $1.9B reimbursement pot  —  As China and the United States jockey for tech primacy, wireless carriers in dozens of states are tearing out Chinese equipment. Lees verder op Tech Meme