Tech Meme

Zheping Huang / Bloomberg: Baidu’s stock jumps 15%+ after the company announced plans to add its ChatGPT-like service “Wenxin Yiyan”, or “Ernie Bot” in English, to search in March 2023  —  Baidu Inc. surged more than 15% after affirming it’s on track to publicly roll out its ChatGPT-like service in March … Lees verder op Tech Meme

John Ourand / Sports Business Journal: The 2023 Super Bowl will not have crypto ads after FTX and others backed out despite buying spots early; crypto companies had around five spots in 2022’s game  —  Fox Sports officially sold out Super Bowl LVII inventory, selling its final in-game spot in the week before the NFL conference championship games. Lees verder op Tech Meme

Mitchell Clark / The Verge: Twitter on iOS and Android now defaults to the timeline the user had open last, instead of the algorithmic feed, after making the change on the web in January  —  Twitter’s iOS and Android app will now default to showing you the last timeline tab you selected, whether it’s the algorithmic … Lees verder op Tech Meme

CNBC: Gemini plans to provide up to $100M to Genesis’ bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals  —  – Crypto exchange Gemini will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis. Lees verder op Tech Meme

Jonathan Vanian / CNBC: Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income, global MAUs up 4% YoY to 450M, and forecasts weak Q1 revenue growth  —  – Pinterest said it expects sales in the first quarter to increase in the “low single digits” from a year earlier. Lees verder op Tech Meme

Erin Woo / The Information: Internal Twitter document: just ~180,000 US users paid for Blue and other subscriptions as of mid-January, implying ~$28M annual subscription revenue globally  —  Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January … Lees verder op Tech Meme

Manish Singh / TechCrunch: Manu Jain, who led Xiaomi’s India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas  —  Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday … Lees verder op Tech Meme

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

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

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