Tech Meme

Preetika Rana / Wall Street Journal: DoorDash reports Q2 revenue up 33% YoY to $2.13B, vs. $2.06B est., net loss down 35% YoY to $172M, above est., and orders up 25% YoY to 532M; DASH jumps 5%+  —  Consumers spent on deliveries despite restaurant reopenings and inflation  —  DoorDash reported stronger-than-expected results for last quarter … Lees verder op Tech Meme

Kif Leswing / CNBC: Qualcomm reports Q3 revenue down 23% YoY to $8.44B, vs. $8.5B est., handset chip sales down 25% YoY to $5.26B, and net income down 52% YoY to $1.8B  —  – Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance for the fourth quarter came up short. Lees verder op Tech Meme

Benjamin Mayo / 9to5Mac: Apple says Apple Card’s high-yield savings account offered by Goldman Sachs has topped over $10B in deposits since launching in April  —  Apple today announced that its high-interest savings account for Apple Card has topped over $10 billion in deposits.  Early indicators suggested … Lees verder op Tech Meme

Charlotte Hughes-Morgan / Bloomberg: Uber paid £386M, or $490M, to UK tax authorities as part of a dispute over how its ride hailing app applies VAT to UK trips, but plans to appeal the decision  —  – HMRC is challenging Uber’s use of Tour Operators Margin Scheme  — Uber said it will appeal the VAT assessment in UK Court Lees verder op Tech Meme

David Pierce / The Verge: Google updates its generative AI-powered Search experience with supplementary multimedia, faster responses, and more context for links in its summary box  —  Google’s AI-powered Search Generative Experience is getting a big new feature: images and video.  If you’ve enabled the AI-based SGE feature … Lees verder op Tech Meme

Emilia David / The Verge: Meta releases AudioCraft, an open-source AI tool that lets users create music and sounds via text prompts, consisting of MusicGen, AudioGen, and EnCodec models  —  It consists of three AI models, all tackling different areas of sound generation.  MusicGen takes text inputs to generate music. Lees verder op Tech Meme

Alex Ross / New Yorker: Apple failed to save classical music with iTunes and fails again with Apple Music Classical, an oddly clumsy point of entry that falls short of its competitors  —  As classical listeners shift to streaming, Apple’s bespoke app falls short of its smaller-scale competitors. Lees verder op Tech Meme

Amy Lewin / Sifted: Hopin, the struggling virtual events startup valued at $7.75B in August 2021, sells its Events and Session units to RingCentral; CEO Johnny Boufarhat steps down  —  UPDATED: The startup, which was once the fastest-growing in Europe, has also sold its flagship product Lees verder op Tech Meme

Reuters: Senegal blocks TikTok amid protests over arrest of its opposition leader, after restricting access to internet services on July 31  —  Senegalese authorities on Wednesday blocked access to social media app TikTok, widening a clampdown on dissent days after they dissolved the country’s main opposition party … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Hopin, the struggling virtual conference unicorn, sells events and engagement units to RingCentral  —  Hopin, the virtual events startup that saw its star (and valuation) rise quickly during the Covid-19 pandemic, is most definitely coming down to earth.  Today the company announced … Lees verder op Tech Meme