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Tech Meme

The UN-backed Science Based Targets initiative removes Amazon from its list of companies working toward net zero emission goals, which Amazon announced in 2019 (Bloomberg) 14-08-2023

Bloomberg: The UN-backed Science Based Targets initiative removes Amazon from its list of companies working toward net zero emission goals, which Amazon announced in 2019  —  – SBTi strips Amazon.com of its net zero emissions validation  — Move comes as SBTi’s influence among ESG investors grows Lees verder op Tech Meme

Amazon rolls out generative AI summaries of product reviews to a subset of US mobile users across a “broad” range of products after testing earlier in 2023 (Haleluya Hadero/Associated Press) 14-08-2023

Haleluya Hadero / Associated Press: Amazon rolls out generative AI summaries of product reviews to a subset of US mobile users across a “broad” range of products after testing earlier in 2023  —  Amazon is rolling out a new generative AI feature that summarizes product reviews for customers. Lees verder op Tech Meme

Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and retains a cautious H2 2023 outlook (Reuters) 14-08-2023

Reuters: Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and retains a cautious H2 2023 outlook  —  Apple (AAPL.O) supplier Foxconn (2317.TW) beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector … Lees verder op Tech Meme

“Make in India” mobile phone shipments crossed 2B cumulative units between 2014 and 2022, registering a 23% CAGR, and made up 98%+ of local shipments in 2022 (Prachir Singh/Counterpoint Research) 14-08-2023

Prachir Singh / Counterpoint Research: “Make in India” mobile phone shipments crossed 2B cumulative units between 2014 and 2022, registering a 23% CAGR, and made up 98%+ of local shipments in 2022  —  – India’s mobile phone production grew at a CAGR of 23% during 2014-2022 to cross a cumulative 2bn units. Lees verder op Tech Meme

In China's information war against Taiwan, Beijing increasingly leverages Douyin, Xiaohongshu, and other lifestyle and shopping apps, aided by a shared language (Emma Graham-Harrison/The Guardian) 14-08-2023

Emma Graham-Harrison / The Guardian: In China’s information war against Taiwan, Beijing increasingly leverages Douyin, Xiaohongshu, and other lifestyle and shopping apps, aided by a shared language  —  Lifestyle and shopping apps are the latest weapons in Beijing’s information war against its neighbour  —  Emma Graham-Harrison and Chi-Hui Lin in Taichung Lees verder op Tech Meme

PayPal names Intuit SVP Alex Chriss as its CEO, replacing longtime CEO Dan Schulman on September 27; the board cited Chriss' work acquiring Mailchimp for $12B (Ashley Capoot/CNBC) 14-08-2023

Ashley Capoot / CNBC: PayPal names Intuit SVP Alex Chriss as its CEO, replacing longtime CEO Dan Schulman on September 27; the board cited Chriss’ work acquiring Mailchimp for $12B  —  – Alex Chriss, the executive who runs the Small Business and Self-Employed group for Intuit, is the new CEO of PayPal, members of PayPal’s board announced Monday. Lees verder op Tech Meme

Ford hires former Apple VP of Services Peter Stern, who helped build Apple TV+, to form a team improving customers' software experience, part of the Ford+ plan (Andrew J. Hawkins/The Verge) 14-08-2023

Andrew J. Hawkins / The Verge: Ford hires former Apple VP of Services Peter Stern, who helped build Apple TV+, to form a team improving customers’ software experience, part of the Ford+ plan  —  / Stern will oversee an effort to ‘create and market innovative customer experiences by integrating hardware, software and services.’ Lees verder op Tech Meme

Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and issues a cautious H2 2023 outlook (Reuters) 14-08-2023

Reuters: Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and issues a cautious H2 2023 outlook  —  Apple (AAPL.O) supplier Foxconn (2317.TW) beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector … Lees verder op Tech Meme

Mobile phone shipments crossed 2B cumulative units under the “Make in India” initiative between 2014 and 2022, a 23% CAGR, for 98% of local shipments in 2022 (Prachir Singh/Counterpoint Research) 14-08-2023

Prachir Singh / Counterpoint Research: Mobile phone shipments crossed 2B cumulative units under the “Make in India” initiative between 2014 and 2022, a 23% CAGR, for 98% of local shipments in 2022  —  – India’s mobile phone production grew at a CAGR of 23% during 2014-2022 to cross a cumulative 2bn units. Lees verder op Tech Meme

In Taiwan, Douyin, Xiaohongshu, and other lifestyle and shopping apps are increasingly becoming part of China's information war, aided by a shared language (Emma Graham-Harrison/The Guardian) 14-08-2023

Emma Graham-Harrison / The Guardian: In Taiwan, Douyin, Xiaohongshu, and other lifestyle and shopping apps are increasingly becoming part of China’s information war, aided by a shared language  —  Lifestyle and shopping apps are the latest weapons in Beijing’s information war against its neighbour  —  Emma Graham-Harrison and Chi-Hui Lin in Taichung Lees verder op Tech Meme