Tech Meme

Arjun Kharpal / CNBC: Huawei reports 2022 revenue up 0.9% YoY to ~$93.4B and net profit down 69% YoY to ~$5.2B, its biggest drop since 2011, amid China’s COVID rules and US sanctions  —  – Huawei reported net profit for 2022 totaled 35.6 billion yuan ($5.18 billion), a 69% year-on-year decline. Lees verder op Tech Meme

Ben Cohen / Wall Street Journal: Apple’s classical music app fixes the genre’s main problem of search and discovery using metadata from Amsterdam-based Primephonic, which Apple acquired in 2021  —  Forget the metaverse.  The future is metadata.  It’s how the world’s most valuable company built a better way of listening to Mozart and Beethoven. Lees verder op Tech Meme

Bloomberg: Insiders say crypto firms are struggling to access US bank services and facing lengthy application procedures following bank collapses and regulatory scrutiny  —  US banks, already hesitant to work with crypto customers, are now even warier of providing services to the industry after a string … Lees verder op Tech Meme

Meir Orbach / CTech: env0, which develops Infrastructure as Code workflow automation and management tools, raised $18.1M led by Venture Guides, bringing its Series A total to $35.1M  —  The env0 platform enables users and teams to collaborate and provide self-service cloud deployments Lees verder op Tech Meme

Mimi Billing / Sifted: Agreena, which uses AI-based monitoring by satellite imagery to let farmers earn carbon credits, raised a €46M Series B, after a €20M Series A in 2022  —  The startup helps European farmers reduce carbon emissions and trade in carbon credits  —  While fingers are being pointed … Lees verder op Tech Meme

Mimi Billing / Sifted: Agreena, which uses AI-based monitoring by satellite imagery to let farmers earn carbon credits, raised a €46M Series B, after a €20M Series A in 2022  —  The startup helps European farmers reduce carbon emissions and trade in carbon credits  —  While fingers are being pointed … Lees verder op Tech Meme

Reuters: China launches a cybersecurity review of products sold in the country by US memory chip manufacturer Micron, citing national security risks  —  China’s cyberspace regulator will conduct a cybersecurity review on products sold in China by U.S. memory chip manufacturer Micron Technology (MU.O), the regulator said on Friday. Lees verder op Tech Meme

BuzzFeed News: The NYT, LAT, and WaPo won’t buy Twitter Blue; NYT, LAT, BuzzFeed, and Politico won’t reimburse reporters for it, but Semafor and some other small outlets will  —  BuzzFeed isn’t ponying up, but for other outlets, paying might make sense.  —  Pranav Dixit Lees verder op Tech Meme

Qianer Liu / Financial Times: Sources: YMTC expects to begin production at a new chip plant in H2 2024 by relying more on domestic suppliers, boosting China’s self-sufficiency efforts  —  Memory-chip maker to rely on local equipment suppliers for 2024 manufacturing plans  —  Yangtze Memory Technologies Corp … Lees verder op Tech Meme

Wall Street Journal: Sources: Jack Ma remains active in deciding Alibaba’s strategy and engineered the company’s split from overseas, telling executives it would make Alibaba nimble  —  Globe-trotting billionaire, in calls to executives, used his influence to push company’s plans to split into six groups Lees verder op Tech Meme