Bloomberg: ASML’s stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall — – Magnitude of ASML’s forecast cut was a surprise, Citi says — Peer Tokyo Electron among worst hit stocks in Asia, down 10% Lees verder op Tech Meme
Jon Victor / The Information: UK filings: Google DeepMind’s 2023 operating profit rose 91% YoY to £136M, after the Google Brain merger; Alphabet’s Isomorphic Labs loss rose 3x+ YoY to £60.4M — Operating profit at Google’s AI research unit, DeepMind, increased 91% last year to 136 million pounds … Lees verder op Tech Meme
Sarah McBride / Bloomberg: A profile of Neuralink’s top neurosurgeon Matthew MacDougall, who has worked there for seven years and is an even-keeled, affable counterbalance to Elon Musk — While the controversial CEO sees a future merging of human minds with machine, Matthew MacDougall may actually be the man you’d want putting a chip in your brain. Lees verder op Tech Meme
Eduardo Baptista / Reuters: The Cybersecurity Association of China says Intel products sold in the country should be subject to a security review, alleging it has “constantly harmed” China — Intel (INTC.O) products sold in China should be subject to a security review, the Cybersecurity Association of China … Lees verder op Tech Meme
Bloomberg: ASML’s stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall — – Magnitude of ASML’s forecast cut was a surprise, Citi says — Peer Tokyo Electron among worst hit stocks in Asia, down 10% Lees verder op Tech Meme
Jon Victor / The Information: UK filings: Google DeepMind’s 2023 operating profit rose 91% YoY to £136M, after the Google Brain merger; Alphabet’s Isomorphic Labs loss rose 3x+ YoY to £60.4M — Operating profit at Google’s AI research unit, DeepMind, increased 91% last year to 136 million pounds … Lees verder op Tech Meme
Prarthana Prakash / Fortune: Amsterdam-based Tebi, a payments app aimed at independent businesses like bars and cafes, raised a €20M Series A led by Index Ventures — Tebi was founded in 2021. — One of the founders of Dutch fintech star Adyen, Arnout Schuijff, has been quietly building out his next startup since leaving … Lees verder op Tech Meme
Chris Kay / Financial Times: Elon Musk appears to have won a contest with Indian telecom tycoons Mukesh Ambani and Sunil Bharti Mittal over the awarding of satellite spectrum in India — Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who call for space bandwidth auctions Lees verder op Tech Meme
The Citizen Lab: An analysis of WeChat’s network protocol MMTLS finds that it is a modified version of TLS 1.3 and WeChat developers’ changes to its cryptography add weaknesses — Key contributions — We performed the first public analysis of the security and privacy properties of MMTLS … Lees verder op Tech Meme
David Pierce / The Verge: Q&A with Kevin Rose on Digg, what Reddit got right, the rise of news feeds, Techmeme being the place “to just see globally what’s happening in tech”, and more — a couple of years, there was nothing on the internet so simultaneously thrilling and terrifying as having your website hit the front page of Digg. Lees verder op Tech Meme