Reuters: Xiaomi reports Q4 revenue down 22.8% YoY to ~$9.6B and net income down 67.3% to ~$651M; 2022 revenue fell 14.7% to ~$40.7B and net income fell 61.4% to ~$1.2B  —  Chinese smartphone maker Xiaomi Corp (1810.HK) on Friday posted a 22.8% drop in fourth-quarter revenue to 66.05 billion yuan ($9.6 billion). Lees verder op Tech Meme

Anna Irrera / Bloomberg: Nasdaq expects its custody services for digital assets to launch in Q2 2023, starting with bitcoin and ether, after announcing the project in September 2022  —  Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool … Lees verder op Tech Meme

Financial Times: Sources: China released chip investor Chen Datong, detained in 2022 during a chip industry crackdown, as the country seeks experts to navigate western sanctions  —  Head of Hua Capital released from detention as Beijing seeks expert help to navigate tough western sanctions Lees verder op Tech Meme

Reuters: ChatGPT set off a VC rush to invest in generative AI startups; PitchBook says AI startup investments grew from $1.5B in 2020 to $5.9B+ since the start of 2022  —  In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a stake … Lees verder op Tech Meme