Tech Meme

Bloomberg: How Vietnam became a gaming powerhouse a decade after Flappy Bird; data.ai: Vietnam was in the global top five in mobile game production by downloads in H1 2023  —  – Flappy Bird inspired generation of hit game developers  — Privacy regulations pose risk for ad-dependent casual games Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: A look at efforts in Asian jurisdictions like Hong Kong and Japan to clarify crypto rules, in contrast to the US, which remains mired in regulatory uncertainty  —  – Hong Kong, Japan and South Korea rolled out fresh frameworks  — US lawmakers remain in heated debates over regulating crypto Lees verder op Tech Meme

Apple: Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B  —  Services revenue reaches new all-time high Installed base of active devices sets all-time record Lees verder op 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

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

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