Tech Meme

Ian King / Bloomberg: Micron reports Q3 revenue down 57% YoY to $3.75B, beating estimates of $3.69B, and forecasts a strong Q4, saying the memory industry has passed its trough  —  Micron Technology Inc. gave an upbeat forecast for the current period, indicating that an industry glut is easing even as the chipmaker continues to face challenges in China. Lees verder op Tech Meme

Kellen Browning / New York Times: In court, Satya Nadella says he would love to end “exclusives on consoles”; Bobby Kotick says CoD being exclusive would cause “revolt” and “reputational damage”  —  In federal court, Satya Nadella and Bobby Kotick opposed an attempt by the F.T.C … Lees verder op Tech Meme

Stephen Nellis / Reuters: Larry Ellison says Oracle will spend “billions” on Nvidia GPUs and “three times” that on Ampere and AMD CPUs this year, as the company grows its cloud services  —  Oracle Corp (ORCL.N) is spending “billions” of dollars on chips from Nvidia Corp (NVDA.O) … Lees verder op Tech Meme

Ian Allison / CoinDesk: Mastercard is testing tokenized bank deposits through its “Multi-Token Network” in beta in the UK, with plans to explore CBDCs and regulated stablecoins later  —  The card giant is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits … Lees verder op Tech Meme

Gerrit De Vynck / Washington Post: A California-based law firm launches a class-action suit against OpenAI, claiming the company violated millions of internet users’ rights by scraping their data  —  A California law firm says the company’s use of scraped data from the web violates the rights of millions of internet users Lees verder op Tech Meme

Hannah Murphy / Financial Times: Sources: Linda Yaccarino plans to launch full-screen, sound-on video ads on Twitter’s short-video feed and is wooing celebrities in the hope of selling more ads  —  New CEO hits the ground running with plans for new ads offering and tells staff to get ready for ‘hand-to-hand combat’ Lees verder op Tech Meme

Rebecca Burns / The Lever: As US landlords increasingly turn to AI tools to screen tenants, housing and privacy advocates warn of opaque algorithms heightening errors and discrimination  —  Landlords are using AI to screen their tenants, heightening errors and discrimination.  —  When Chris Robinson applied to move … Lees verder op Tech Meme

Mary Ann Azevedo / TechCrunch: Visa plans to acquire São Paulo-based payments infrastructure startup Pismo for $1B in cash by the end of 2023; Pismo had raised $118M through October 2021  —  Want more fintech news in your inbox?  Sign up here.  —  Credit card giant Visa is acquiring Brazilian payments infrastructure startup Pismo … Lees verder op Tech Meme

Ina Fried / Axios: A survey of 2,139 US individuals: 33% of adults and 51% of teens ages 13-17 reported receiving online hate in 2023, up from 23% and 36% respectively in 2022  —  More than half of Americans say they have experienced hate or harassment online, according to a new survey from the Anti-Defamation League … Lees verder op Tech Meme

Mary Ann Azevedo / TechCrunch: Visa plans to acquire São Paulo-based payments infrastructure startup Pismo for $1B in cash by the end of 2023; Pismo had raised $118M through October 2021  —  Want more fintech news in your inbox?  Sign up here.  —  Credit card giant Visa is acquiring Brazilian payments infrastructure startup Pismo … Lees verder op Tech Meme