Tech Meme

Cat Zakrzewski / Washington Post: US agency officials, including the FTC’s Lina Kahn and the EEOC’s Charlotte Burrows, commit to enforcing civil rights laws against AI systems perpetuating bias  —  Officials from multiple federal agencies say they committed to enforce existing civil rights laws against AI systems that perpetuate bias Lees verder op Tech Meme

Yueqi Yang / Bloomberg: Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker. Lees verder op Tech Meme

Jordan Novet / CNBC: Google Cloud turns profitable for the first time on record, with an operating income of $191M on $7.45B in revenue in Q1, vs. a $706M loss on $5.82B in Q1 2022  —  – Google said its cloud group has turned profitable on an operating basis after showing losses for more than three years. Lees verder op Tech Meme

Alphabet: Alphabet reports Q1 revenue of $69.8B, up 3% YoY, net income of $15.1B, down from $16.4B YoY, and Other Bets revenue of $288M, down from $440M YoY, GOOG up 3%+  —  MOUNTAIN VIEW, Calif. – April 25, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023. Lees verder op Tech Meme

Microsoft: Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, and Intelligent Cloud revenue up 16% YoY to $22.1B; MSFT up 4%+  —  REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 … Lees verder op Tech Meme

Scott Chipolina / Financial Times: CCData: Coinbase’s trading volume falls to $26.8B in April so far, on track for its lowest monthly level in 16 months, despite rallies for ether and bitcoin  —  Nasdaq-listed exchange sues SEC as it seeks more clarity on crypto regulations  —  Coinbase has suffered a further drop … Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple is working on emotion tracking tools, coming to its Health app in 2023, and an AI-powered health coaching subscription service codenamed Quartz  —  Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions … Lees verder op Tech Meme

Tom Warren / The Verge: Microsoft’s Q3: Windows OEM revenue was down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, Xbox hardware revenue down 30% YoY  —  Microsoft just posted the third quarter of its 2023 fiscal financial results.  The software maker made $52.9 billion in revenue and a net income of $18.3 billion during Q3. Lees verder op Tech Meme

Todd Spangler / Variety: YouTube’s advertising revenue dropped for the third consecutive quarter, by 2.6% YoY to $6.69B in Q1, above analyst estimates of $6.6B  —  Ad sales at YouTube declined 2.6% year over year in the first quarter of 2023, to $6.69 billion.  Analysts expected it to come in at $6.6 billion, per FactSet. Lees verder op Tech Meme

Kif Leswing / CNBC: Alphabet’s board authorized a $70B buyback of its Class A and Class C shares, the same amount it approved in April 2022  —  – Google parent company Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases.  —  Follow your favorite stocksCREATE FREE ACCOUNT Lees verder op Tech Meme