Tech Meme

Andy Robinson / Video Games Chronicle: Sony reports PlayStation 5 sales in Q3 were 9.5M, the best quarter since its launch, and hits 75M total PS5 sales; MAUs across its platform rose 43% YoY to 129M  —  PS5 SHIPMENTS ARE NOW NECK-AND-NECK WITH PS4  —  PlayStation 5 enjoyed its best-ever holiday period in 2024 … Lees verder op Tech Meme

Vlad Savov / Bloomberg: Alibaba Chair Joe Tsai says Apple will use the Chinese tech giant’s AI technology on iPhones sold in China, speaking at the World Government Summit in Dubai  —  “Apple has been very selective, they talked to a number of companies in China, and in the end they choose to do business with us … Lees verder op Tech Meme

Andy Greenberg / Wired: Recorded Future: Salt Typhoon breached five more telcos and ISPs, including two US telcos, and 12+ universities in December-January by exploiting Cisco routers  —  Despite high-profile attention and even US sanctions, the group hasn’t stopped or even slowed its operation, including the breach of two more US telecoms. Lees verder op Tech Meme

Milana Vinn / Reuters: Sources: Bain Capital, Advent International, and EQT AB are among the private equity firms competing to acquire Trend Micro, which has an ~$8.54B market value  —  Bain Capital, Advent International and EQT AB are among the private equity firms competing to acquire Japanese cybersecurity firm Trend Micro … Lees verder op Tech Meme

Hsiuwen Liu / Rest of World: Experts say Southeast Asian students in Taiwan’s work-study programs often end up as low-paid labor in the chip industry under the guise of “practical training”  —  Student-interns are paid for low-skill factory tasks and spend little time in the classroom. Lees verder op Tech Meme

Vlad Savov / Bloomberg: At the World Government Summit in Dubai, Alibaba Chairman Joe Tsai said Apple will use the Chinese tech giant’s AI technology on iPhones sold in China  —  “Apple has been very selective, they talked to a number of companies in China, and in the end they choose to do business with us … Lees verder op Tech Meme

Kirsten Korosec / TechCrunch: SoftBank-backed P2P vehicle sharing service Getaround is shutting down US operations, including HyreCar, to focus on Europe, where it operates in six countries  —  Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations … Lees verder op Tech Meme

Naman Ramachandran / Variety: Sony reports Q3 revenue up 18% YoY to $28.6B, operating income up 1% YoY to $3.05B, and gaming revenue up 16% YoY to $10.92B, driven by strong PS5 sales  —  Sony Group Corporation turned in a strong third quarter for 2024, riding high on gaming and music while its film unit faced headwinds. Lees verder op Tech Meme

Andy Mukherjee / Bloomberg: DeepSeek signals India’s last chance to back foundational tech via state-funded research, as its private sector remains too risk-averse to lead AI innovation  —  With the private sector reluctant to invest in foundational technologies, the state must step in. Lees verder op Tech Meme

Eduard Kovacs / SecurityWeek: Drata, which uses automation to help companies adhere to compliance frameworks, agrees to buy SafeBase, which automates security reviews, sources say for $250M  —  Security and compliance automation firm Drata has acquired trust center platform SafeBase in a quarter billion dollar deal. Lees verder op Tech Meme