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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

Kaspersky: from January 2020 to June 2022, hacker groups offered salaries from six figures to $1.2M, bonuses, and paid leave to attract talent on the dark web (AJ Vicens/CyberScoop) 31-01-2023

AJ Vicens / CyberScoop: Kaspersky: from January 2020 to June 2022, hacker groups offered salaries from six figures to $1.2M, bonuses, and paid leave to attract talent on the dark web  —  Despite the obvious risks, tech jobs with hacking groups can be alluring for those who need the money or want to do the work. Lees verder op Tech Meme

Alameda Research sues Voyager Digital for $445.8M, seeking to recover loan repayments that Alameda made after Voyager filed for bankruptcy in July 2022 (Stephanie Murray/The Block) 31-01-2023

Stephanie Murray / The Block: Alameda Research sues Voyager Digital for $445.8M, seeking to recover loan repayments that Alameda made after Voyager filed for bankruptcy in July 2022  —  – Alameda Research is suing Voyager Digital for $445.8 million, seeking to recover loan repayments it made after Voyager filed for bankruptcy protection in July. Lees verder op Tech Meme

Paramount Global plans to merge its Showtime streaming service with Paramount+'s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME (Matt Tamanini/The Streamable) 31-01-2023

Matt Tamanini / The Streamable: Paramount Global plans to merge its Showtime streaming service with Paramount+’s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME  —  It’s been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm … Lees verder op Tech Meme

Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021 (New York Times) 31-01-2023

New York Times: Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said. Lees verder op Tech Meme

Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand (Kim Jaewon/Nikkei Asia) 31-01-2023

Kim Jaewon / Nikkei Asia: Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand  —  South Korean tech giant’s slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday … Lees verder op Tech Meme