Tech Meme

Jake Piazza / CNBC: Verizon reports Q3 revenue of $33.34B, vs. $33.25B est., 100K postpaid phone net additions, vs. 62K est., and ~10.3M broadband subscribers; VZ closed up 9.24%  —  – Verizon stock closed up more than 9%, making it the communications company’s best day in almost 15 years. Lees verder op Tech Meme

Zachary Boddy / Windows Central: Microsoft reports Q1 devices revenue down 22% YoY, Windows revenue up 5%, Xbox content and services revenue up 13% YoY, search and news ad revenue up 10% YoY  —  Microsoft’s revenue this quarter was up 13% year-over-year, mostly thanks to the cloud again.  —  What you need to know Lees verder op Tech Meme

Joe Rossignol / MacRumors: Apple Pay Later launches for all eligible users in the US, following its invite-only early access prerelease version for “randomly selected users” in March 2023  —  Apple Pay Later appears to have officially launched for all qualifying U.S. residents today, as it is now widely available in the Wallet app on the iPhone. Lees verder op Tech Meme

Kris Holt / Engadget: Qualcomm unveils the Snapdragon 8 Gen 3 mobile 4nm chip, with a 25% more performant GPU, AI Engine that can produce Stable Diffusion images in <1 second, more  —  Expect better efficiency, improved gaming performance and camera upgrades.  —  At its annual Snapdragon Summit on Tuesday, Qualcomm revealed its latest mobile chipset. Lees verder op Tech Meme

Emma Roth / The Verge: YouTube finally lets users update the cover art of their YouTube Music playlists, but only using images created by YouTube’s generative AI, not their own images  —  YouTube Music is finally letting you change the cover art of your playlists.  While you still won’t get to upload your own image … Lees verder op Tech Meme

Aggi Cantrill / Bloomberg: Munich-based Quantum Systems, which makes reconnaissance drones for Germany, Ukraine, and others, raised a €63.6M Series B, taking its total funding to €100M+  —  – Quantum Systems raised over €100 million after Series B round  — HV Capital, DTCP led round, which was backed by Thiel Ventures Lees verder op Tech Meme

Jonathan Vanian / CNBC: Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, and DAUs up 12% YoY to 406M, vs. 405.7M est.; SNAP jumps 5%+  —  – As part of Snap’s “internal forecast,” the company said that it expects sales in its fourth quarter to fall in the range of $1.32 billion … Lees verder op Tech Meme

Todd Spangler / Variety: YouTube Q3 ad revenue rose 12.5% YoY to $7.95B, vs. $7.81B est.; the results come after YouTube fell short of expectations a year ago, when ad revenue fell 1.9%  —  Internet video giant YouTube larded its coffers with $7.95 billion in ad revenue for third quarter of 2023 … Lees verder op Tech Meme

Jordan Novet / CNBC: Microsoft reports Q1 Intelligent Cloud revenue up 19% YoY to $24.26B, vs. $23.49B est., with Azure and other cloud services revenue up 29% YoY, vs. 26% YoY est.  —  – Microsoft’s net income jumped 27%.  — The company’s Azure cloud revenue growth accelerated after two years of deceleration. Lees verder op Tech Meme

Alphabet: Alphabet reports Q3 revenue of $77B, up 11% YoY, net income of $19.7B, up from $13.9B YoY, Google Cloud revenue of $8.4B, up from $6.9B YoY; GOOG drops 5%+  —  MOUNTAIN VIEW, Calif. – October 24, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2023. Lees verder op Tech Meme