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Tech Meme

Amazon's third-party “seller services”, a large and growing part of the company's revenue that is also profitable, has filled its Marketplace with junk products (John Herrman/New York Magazine) 31-01-2023

John Herrman / New York Magazine: Amazon’s third-party “seller services”, a large and growing part of the company’s revenue that is also profitable, has filled its Marketplace with junk products  —  Let’s say you’re a regular Amazon shopper in need of a spatula.  You might start your journey by typing the word … Lees verder op Tech Meme

Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals (Reuters) 31-01-2023

Reuters: Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals  —  South Korea’s Samsung Electronics Co Ltd (005930.KS) on Tuesday indicated it has no plan to cut investment in chips this year … Lees verder op Tech Meme

Sources: Sony halves its Q1 PlayStation VR2 shipment forecast to ~1M units after disappointing early preorders; the headset will be launched on February 22 (Takashi Mochizuki/Bloomberg) 31-01-2023

Takashi Mochizuki / Bloomberg: Sources: Sony halves its Q1 PlayStation VR2 shipment forecast to ~1M units after disappointing early preorders; the headset will be launched on February 22  —  Sony Group Corp. reduced projections for the initial launch of its PlayStation VR2 headset dramatically after early pre-orders disappointed … Lees verder op Tech Meme

A US judge allows the names of the two people who posted SBF's $250M bail to be made public, but stays the ruling until at least February 7, expecting an appeal (Jonathan Stempel/Reuters) 31-01-2023

Jonathan Stempel / Reuters: A US judge allows the names of the two people who posted SBF’s $250M bail to be made public, but stays the ruling until at least February 7, expecting an appeal  —  A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried … Lees verder op Tech Meme

Meta, Google, and Amazon leadership are conjuring their companies' “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs (Vox) 31-01-2023

Vox: Meta, Google, and Amazon leadership are conjuring their companies’ “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs  —  Facebook, Google, and Amazon are trying to get their groove back.  —  When Meta’s head of people, Lori Goler … Lees verder op Tech Meme

JD.com joint ventures in Thailand and Indonesia will cease operations in March amid fierce competition, as the company refocuses on logistics and China growth (Ben Jiang/South China Morning Post) 31-01-2023

Ben Jiang / South China Morning Post: JD.com joint ventures in Thailand and Indonesia will cease operations in March amid fierce competition, as the company refocuses on logistics and China growth  —  Chinese e-commerce giant JD.com is pulling the plug on its Thailand and Indonesian platforms in a major setback … Lees verder op Tech Meme

Chinese gamers lose access to Blizzard's games after its 14-year partnership with NetEase ended; servers hosting the games shut down in China on January 23 (Zheping Huang/Bloomberg) 24-01-2023

Zheping Huang / Bloomberg: Chinese gamers lose access to Blizzard’s games after its 14-year partnership with NetEase ended; servers hosting the games shut down in China on January 23  —  Millions of Chinese gamers have lost access to World of Warcraft after a furious dispute between US title owner Activision Blizzard Inc … Lees verder op Tech Meme

The FBI says North Korea-backed hacking groups Lazarus and APT38 are behind the June 2022 theft of ~$100M in ETH, USDT, and wBTC from Harmony's Horizon bridge (Jesse Hamilton/CoinDesk) 24-01-2023

Jesse Hamilton / CoinDesk: The FBI says North Korea-backed hacking groups Lazarus and APT38 are behind the June 2022 theft of ~$100M in ETH, USDT, and wBTC from Harmony’s Horizon bridge  —  Lazarus Group and APT38, both associated with North Korea, are responsible for the attack in June, the agency concluded. Lees verder op Tech Meme

Sources: the DOJ is poised to sue Google this week over dominating the US digital ad market, the fifth major US case challenging its business practices (Bloomberg) 24-01-2023

Bloomberg: Sources: the DOJ is poised to sue Google this week over dominating the US digital ad market, the fifth major US case challenging its business practices  —  The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance … Lees verder op Tech Meme

Filings: Apple's US lobbying spend grew 44% YoY to $9.4M in 2022; Amazon's grew ~2% to $19.7M, Meta's fell 4.6% to $19.2M; Google spent $10.9M, Microsoft $9.8M (Lauren Feiner/CNBC) 24-01-2023

Lauren Feiner / CNBC: Filings: Apple’s US lobbying spend grew 44% YoY to $9.4M in 2022; Amazon’s grew ~2% to $19.7M, Meta’s fell 4.6% to $19.2M; Google spent $10.9M, Microsoft $9.8M  —  – Apple grew its lobbying spend the most last year compared to its peers, according to public disclosures. Lees verder op Tech Meme