Reuters: Foxconn reports Q1 revenue rose 3.9% YoY to ~$48B, March revenue fell 21.1% YoY to ~$13B due to lower consumer electronics demand, and predicts weaker Q2 sales — Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc (AAPL.O) … Lees verder op Tech Meme
Anne VanderMey / Bloomberg: MobileCoin says Chief Product Officer Bob Lee has died, remembering him as “a force of nature” who helped “birth Android and CashApp” as the first Square CTO — Bob Lee, the chief product officer of crypto startup MobileCoin Inc., has died, the company said. Lees verder op Tech Meme
Katharine Gemmell / Bloomberg: Ofcom says AWS, Azure, and Google may be limiting competition in the UK cloud computing market after a review since October 2022 and refers the case to the CMA — Amazon.com Inc. and Microsoft Corp.’s cloud services could be limiting competition in the UK’s cloud sector … Lees verder op Tech Meme
Amos Zeeberg / Wired: How surveillance industry blog IPVM ignited a new battle in the US-China tech war after investigating Hikvision’s and Dahua’s mass face recognition systems — Digging through manuals for security cameras, a group of gearheads found sinister details and ignited a new battle in the US-China tech war. Lees verder op Tech Meme
Stephen Nellis / Reuters: Google claims its 4th-gen TPU-based supercomputers, used for AI training, are up to 1.7x faster and 1.9x more power-efficient than Nvidia’s A100 systems — Alphabet Inc’s (GOOGL.O) Google on Tuesday released new details about the supercomputers it uses to train its artificial intelligence models … Lees verder op Tech Meme
Jeff Mason / Reuters: Biden says tech companies have a responsibility to ensure AI products are safe before making them public and whether AI is dangerous remains to be seen — U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence is dangerous, but underscored … Lees verder op Tech Meme
Kif Leswing / CNBC: Piper Sandler survey of 5,690 US teens in February: 29% owned a VR device, but of those, 14% used it weekly, flat compared to fall 2022, and 4% used it daily — – Virtual reality hasn’t caught on with American teens, according to a new survey from Piper Sandler released on Tuesday. Lees verder op Tech Meme
Wall Street Journal: Sources: Chinese regulators have slowed merger approvals of deals by US firms, asking some to make products that they sell in other countries available in China — The U.S. encouraged China to set up a robust antitrust regime. Now, Beijing is holding back its required green light for mergers … Lees verder op Tech Meme
Adnan Bhat / Rest of World: How sound boxes, small speakers that read out payment confirmations, have become a lucrative revenue stream for Paytm and other digital payment firms in India — Vegetable carts, flower shops, mom-and-pop stores: Small speakers that read out digital payment receipts are making fintech companies big money. Lees verder op Tech Meme
Wired: A look at Amazon’s struggle to clear technical and regulatory hurdles for US drone deliveries, like not being certified to fly over active roadways and people — The tech giant dreams of filling the skies with package-bearing drones. But it has repeatedly failed to clear technical and regulatory hurdles. Lees verder op Tech Meme