Bloomberg: Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, and a strong Q4 sales forecast — Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined 23% in the past quarter … Lees verder op Tech Meme
Jennifer Elias / CNBC: Docs: Google plans to use new AI models for ads, customer service, and to help YouTube creators, and is working on an internal Stable Diffusion-like product — – Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show. Lees verder op Tech Meme
Yogita Khatri / The Block: Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt — – Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter … Lees verder op Tech Meme
The Information: Sources: Snowflake is in advanced talks to buy Neeva and aims to offer AI tools to help companies search internal data; Neeva also shopped itself to Databricks — Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … Lees verder op Tech Meme
Michelle Faverio / Pew Research Center: Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year — A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time … Lees verder op Tech Meme
Jennifer Elias / CNBC: Docs: Google plans to use its AI models for ads, customer service, and to help YouTube creators, and it is working on an internal Stable Diffusion-like product — – Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show. Lees verder op Tech Meme
Laura Cooper / Wall Street Journal: Sources: private equity firms Francisco Partners and TPG are working together on a $5B+ bid to acquire observability software company New Relic — Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid — Private-equity firms Francisco Partners and TPG are working together … Lees verder op Tech Meme
Jess Weatherbed / The Verge: Logitech partners with iFixit to help with DIY repairs, supplying spare parts, batteries, and guides for select Logitech hardware starting this summer in the US — / Official spare parts, batteries, and repair guides for select Logitech hardware will be available through iFixit starting ‘this summer.’ Lees verder op Tech Meme
Dietrich Knauth / Reuters: Voyager expects users to recover ~35% of their crypto deposits as a US judge approves its liquidation plan, letting the company return ~$1.33B in crypto assets — Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds … Lees verder op Tech Meme
Dietrich Knauth / Reuters: Voyager says customers will recover ~35% of their crypto deposits as a US judge approves its liquidation plan, allowing it to return ~$1.33B in crypto assets — Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds … Lees verder op Tech Meme