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Tech Meme

Sources: SK Hynix refused to approve the merger of Kioxia and Western Digital, a blow to Bain Capital's ambitions of creating a US-Japan chip company (Financial Times) 18-10-2023

Financial Times: Sources: SK Hynix refused to approve the merger of Kioxia and Western Digital, a blow to Bain Capital’s ambitions of creating a US-Japan chip company  —  Kioxia and Western Digital merger opposed by South Korean chipmaker SK Hynix  —  Bain Capital’s ambitions to create a US-Japan chip champion through … Lees verder op Tech Meme

In a rare joint statement, Five Eyes chiefs from the US, the UK, Canada, Australia, and New Zealand warn on China's IP “theft” and using AI to hack and spy (Zeba Siddiqui/Reuters) 18-10-2023

Zeba Siddiqui / Reuters: In a rare joint statement, Five Eyes chiefs from the US, the UK, Canada, Australia, and New Zealand warn on China’s IP “theft” and using AI to hack and spy  —  The Five Eyes countries’ intelligence chiefs came together on Tuesday to accuse China of intellectual property theft … Lees verder op Tech Meme

ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth (Arjun Kharpal/CNBC) 18-10-2023

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme

Amazon details Sequoia, its new AI and robotics tools for its warehouses to help reduce delivery times by up to 25% and identify inventory up to 75% faster (Sebastian Herrera/Wall Street Journal) 18-10-2023

Sebastian Herrera / Wall Street Journal: Amazon details Sequoia, its new AI and robotics tools for its warehouses to help reduce delivery times by up to 25% and identify inventory up to 75% faster  —  Company to use new AI systems at its fulfillment facilities that will work alongside employees  —  Amazon .com is introducing … Lees verder op Tech Meme

The US' new 400-page chip export rules show officials are open to chip sector input on ways to keep sending AI chips to China for small and medium-sized uses (Reuters) 18-10-2023

Reuters: The US’ new 400-page chip export rules show officials are open to chip sector input on ways to keep sending AI chips to China for small and medium-sized uses  —  While stripping China’s access to key U.S. artificial intelligence chips, the Biden administration’s sweeping new rules also quietly threw Nvidia … Lees verder op Tech Meme

ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth (Arjun Kharpal/CNBC) 18-10-2023

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme

How IRS officials tracked down James Zhong, a hacker who stole 50K+ bitcoin from Silk Road in 2012 and was involved in the development of bitcoin itself in 2009 (CNBC) 18-10-2023

CNBC: How IRS officials tracked down James Zhong, a hacker who stole 50K+ bitcoin from Silk Road in 2012 and was involved in the development of bitcoin itself in 2009  —  WATCH NOW  — In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace. Lees verder op Tech Meme

ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth (Arjun Kharpal/CNBC) 18-10-2023

Arjun Kharpal / CNBC: ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  – ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat. Lees verder op Tech Meme

Filing: Invesco marked up Swiggy's valuation to $7.85B on July 31, up 42% from ~$5.5B in January 2023 but down from a reported $10.7B valuation in January 2022 (Manish Singh/TechCrunch) 18-10-2023

Manish Singh / TechCrunch: Filing: Invesco marked up Swiggy’s valuation to $7.85B on July 31, up 42% from ~$5.5B in January 2023 but down from a reported $10.7B valuation in January 2022  —  Conditions appear to be shifting favorably for India’s Swiggy.  The food delivery startup — backed by SoftBank, Prosus and Accel … Lees verder op Tech Meme

X now requires a linked source for proposed Community Notes, as researchers say misinformation on X has reached new heights during the Israel-Hamas war (Karissa Bell/Engadget) 18-10-2023

Karissa Bell / Engadget: X now requires a linked source for proposed Community Notes, as researchers say misinformation on X has reached new heights during the Israel-Hamas war  —  Researchers have said that misinformation has reached new heights amid the Israel-Hamas war.  —  X is making a significant change … Lees verder op Tech Meme