Tech Meme

Suvashree Ghosh / Bloomberg: A look at the digital-asset rules in Asian jurisdictions like Hong Kong and Japan as the region’s regulators lead the US, which remains mired in a crypto fog  —  – Hong Kong, Japan and South Korea rolled out fresh frameworks  — US lawmakers remain in heated debates over regulating crypto Lees verder op Tech Meme

Martyn Ziegler / The Times: A look at Premier League soccer’s fight against piracy as illegal live streams in the UK decline, with 600K+ blocked last season, and use of IPTV devices rises  —  With broadcasters losing billions of pounds a year to tech-savvy criminal networks, new weapons are needed in the war against an “industry killer” Lees verder op Tech Meme

Jordan Novet / CNBC: Atlassian reports Q4 revenue up 24% YoY to $939.1M, vs. $914.6M est., and forecasts Q1 revenue above expectations; TEAM jumps 22%+  —  – Atlassian said that starting in the 2025 fiscal year, following a push to move customers to the cloud, margins will approach historical levels. Lees verder op Tech Meme

Bloomberg: Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M  —  – Trading revenue was less than that from other sources  — Interest income down after USDC stablecoin circulation fell Lees verder op Tech Meme

Stephen Nellis / Reuters: Apple Q3: revenue grew 7.9% YoY to $15.8B in China, with iPhone up “double digits” and a quarterly Services record, but fell 5.6% YoY to $35.4B in the Americas  —  Apple (AAPL.O) on Thursday reported sales and profit that beat Wall Street expectations despite a decline in iPhone sales … Lees verder op Tech Meme

Nupur Anand / Reuters: Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M; SQ drops 5%+  —  Block Inc (SQ.N) reported a rise in second-quarter revenue on Thursday as payment volumes at the fintech giant led by Jack Dorsey held up against a tough economic backdrop. Lees verder op Tech Meme

Amazon: Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2023. Lees verder op Tech Meme

Reuters: Cloudflare reports Q2 revenue up 32% YoY to $308.5M, vs. $305.6M est., forecasts Q3 revenue above estimates, and raises its FY 2023 forecasts; NET jumps 5%+  —  Software firm Cloudflare (NET.N) raised its annual revenue and profit forecasts after delivering better-than-expected results … Lees verder op Tech Meme

Todd Spangler / Variety: Apple reports Q3 revenue for its Services segment, which includes Apple TV+ and Apple Music, grew 8.2% YoY to a record $21.2B, driven by 1B+ paid subscriptions  —  Apple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1% on lower-than-expected iPhone sales. Lees verder op Tech Meme

Aaron Tilley / Wall Street Journal: Apple Q3 revenue: iPhone down 2.4% YoY to $39.7B, Mac down 7.3% YoY to $6.8B, iPad down 19.8% to $5.8B, and Wearables, Home, and Accessories up 2.5% to $8.3B  —  Sales of iPhones missed analyst estimates, although executives pointed to continued strength in emerging markets Lees verder op Tech Meme