Tech Meme

Debby Wu / Bloomberg: TSMC reports Q1 revenue up 3.6% YoY to ~$16.7B, below analysts’ forecasts, and March 2023 revenue down 15% YoY to ~$4.8B as electronics demand continues to fall  —  Taiwan Semiconductor Manufacturing Co. missed sales estimates for the second consecutive quarter in a sign of continued weakness in global electronics demand. Lees verder op Tech Meme

IDC: Apple’s Mac shipments fell 40.5% YoY globally in Q1 2023, the largest drop among the top five PC makers, as combined PC shipments fell 29% YoY to 56.9M units  —  Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop … Lees verder op Tech Meme

New York Times: In a lawsuit, former Twitter execs claim they spent $1M+ on legal expenses related to shareholder lawsuits and government probes, including one by the US DOJ  —  The focus of the inquiry was unclear, but several former executives said they had racked up more than $1 million in expenses dealing with it and other legal issues. Lees verder op Tech Meme

Morgan Sung / TechCrunch: Sex workers and others criticize Meta’s Verified program for requiring creators to use their legal name as profile display name without the option to change it  —  “For $15, it’s doxxing you.”  —  With Meta Verified, users can pay for an enviable blue check next to their name. Lees verder op Tech Meme

Amanda Silberling / TechCrunch: Some Twitter users have warned for days that Circle tweets, meant to reach a select group, are being suggested in the For You feeds of users outside that Circle  —  PSA: do not post your deepest darkest secrets on your Twitter Circle.  —  Numerous Twitter users are reporting a bug in which Circle tweets … Lees verder op Tech Meme

Sarah Perez / TechCrunch: YouTube adds Premium features: enhanced bitrate 1080p support on iOS and the web for “extra crisp and clear” videos, support for Apple’s SharePlay, and queuing  —  YouTube Premium, the $11.99 per month ad-free version of YouTube, is today introducing a number of new features aimed at attracting and retaining subscribers. Lees verder op Tech Meme

Amanda Silberling / TechCrunch: Some Twitter users have been reporting for days that their Circle tweets, which are meant to only reach a select group, are showing up in others’ For You feeds  —  PSA: do not post your deepest darkest secrets on your Twitter Circle.  —  Numerous Twitter users are reporting a bug in which Circle tweets … Lees verder op Tech Meme

David Pan / Bloomberg: Memo: Digital Currency Group’s Foundry plans to begin levying a fee on its bitcoin mining pool members; Foundry’s services have been free since its 2019 launch  —  Crypto-mining firm Foundry, which is owned by embattled conglomerate Digital Currency Group, is going to start charging users a fee for its Bitcoin mining services. Lees verder op Tech Meme

Nicolas Parasie / Bloomberg: Emirates Telecommunications acquires a 50.03% stake in super app Careem from Uber’s Middle East unit for $400M; Uber will keep Careem’s ride-hailing business  —  Emirates Telecommunications Group will buy a $400 million stake in the super app developed by Uber Technologies Inc.’s Middle Eastern subsidiary … Lees verder op Tech Meme

Financial Times: Experts say Micron was an obvious first target for China after US sanctions, but Beijing is unlikely to retaliate further due to its reliance on foreign chips  —  Analysts see memory-chip maker Micron as obvious first choice but say China will tread cautiously on further retaliation Lees verder op Tech Meme