Tech Meme

Josh Eidelson / Bloomberg: YouTube Music contractors from Cognizant vote to unionize with the Alphabet Workers Union; Alphabet is appealing a ruling that Google is their joint employer  —  The majority of a group of YouTube contract staff in Texas have voted to unionize in a labor victory that could force parent company Alphabet Inc … Lees verder op Tech Meme

Yuvraj Malik / Reuters: eBay reports Q1 revenue up 1% to $2.51B, vs. $2.48B est., gross merchandise volume down 5% YoY to $18.4B, and a Q2 revenue guidance above estimates  —  Ecommerce firm eBay Inc (EBAY.O) forecast second-quarter revenue above Wall Street estimates on Wednesday, on hopes that it would attract shoppers … Lees verder op Tech Meme

Jonathan Vanian / CNBC: Meta’s Reality Labs division reports Q1 revenue of $339M, down from $695M YoY, and operating loss of $3.99B, up from a $2.96B loss YoY  —  – Meta’s Reality Labs unit had a $TK billion operating loss in the first quarter, after losing $13.72 billion last calendar year. Lees verder op Tech Meme

Meta: Meta reports Q1 revenue up 3% YoY to $28.6B, net income down 24% YoY to $5.7B, and family daily active people up 5% YoY to 3.02B for March 2023; META is up 9%+  —  “We had a good quarter and our community continues to grow,” said Mark Zuckerberg, Meta founder and CEO. Lees verder op Tech Meme

Tom Warren / The Verge: Some users say Microsoft Edge sends URLs of visited pages to Bing API’s site; a developer says Edge’s creator follow option, on by default, may be the culprit  —  Microsoft’s Edge browser appears to be sending URLs you visit to its Bing API website. … Microsoft tells The Verge it’s investigating the reports. Lees verder op Tech Meme

Victoria Song / The Verge: Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team  —  Amazon has decided to shutter its health-focused Halo division, The Verge has learned.  Amazon has stopped selling its three Halo products … Lees verder op Tech Meme

Christine Hall / TechCrunch: Mexico-based Clara, which sells corporate spend management tools in Latin America, raised a $60M Series B+ led by GGV, after a $70M Series B in December 2021  —  Clara, a Mexico-based spend management company, closed on $60 million in equity in a round led by GGV Capital. Lees verder op Tech Meme

Brian Fung / CNN: US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teens’ accounts  —  A new federal bill unveiled Wednesday would establish a national minimum age for social media use and require tech companies … Lees verder op Tech Meme

Competition and Markets Authority: The UK CMA blocks Microsoft’s $68.7B Activision acquisition, citing competition and innovation concerns in the UK cloud gaming market; Microsoft plans to appeal  —  The CMA has prevented Microsoft’s proposed purchase of Activision over concerns the deal would alter the future … Lees verder op Tech Meme

New York Times: A look at the mounting US legal pressure on Binance: the DOJ’s money laundering division leading a criminal investigation, CZ hiring Latham & Watkins, and more  —  The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX. Lees verder op Tech Meme