Wall Street Journal: Sources: Ant Group’s transformation into a fully regulated company has been on hold for over a year as China reshuffles its regulatory system — Powerful new regulator will have to approve the fintech giant’s application to become a financial-holding company Lees verder op Tech Meme
Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink — The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major … Lees verder op Tech Meme
Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink — The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES. — A consortium of nearly every major … Lees verder op Tech Meme
Adam Morgan McCarthy / The Block: Dune: Ethereum’s median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again — – Average transaction fees on the Ethereum network reached highs last seen in May 2022 this week. Lees verder op Tech Meme
Bloomberg: Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open source AI will outcompete Google and OpenAI — A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge … Lees verder op Tech Meme
Brian Fung / CNN: New York’s MTA resumes posting automated transit alerts to Twitter after Twitter backtracked on a plan to charge public service accounts for API access — New York’s Metropolitan Transportation Authority said it would resume posting automated transit alerts to Twitter on Thursday … Lees verder op Tech Meme
Denny Jacob / Wall Street Journal: DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., net loss down 3% YoY to $162M, and total orders up 27% YoY to 512M — Food-delivery company’s revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged in the latest quarter as consumers continued … Lees verder op Tech Meme
Joseph Menn / Washington Post: A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators — He is the first corporate executive convicted of a crime related to a data breach by outsiders. — SAN FRANCISCO … Lees verder op Tech Meme
Yifan Yu / Nikkei Asia: Apple’s Q2 revenue rose 15.3% YoY in Asia-Pacific, business in India grew by “very strong double digits”, but sales fell 2.9% in Greater China and 7.1% in Japan — iPhone maker logs double-digit growth in India, says market at ‘tipping point’ — Asia-Pacific, outside of Japan … Lees verder op Tech Meme
Bill Peters / MarketWatch: Coinbase reports Q1 revenue down 34% YoY to $772.5M, vs. $655M est., net loss down 82% YoY to $78.9M, $145B in trading volume, vs. $147.7B est.; COIN jumps 8%+ — ‘The crypto industry continues to be volatile, as evidenced most recently by the disruptions in the banking sector and ongoing regulatory uncertainty,’ executives say Lees verder op Tech Meme