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Ripple's CEO says the company will have spent $200M fighting SEC's lawsuit that accuses him, a co-founder, and Ripple of selling XRP as an unregistered security (Ryan Browne/CNBC) 09-05-2023

Ryan Browne / CNBC: Ripple’s CEO says the company will have spent $200M fighting SEC’s lawsuit that accuses him, a co-founder, and Ripple of selling XRP as an unregistered security  —  – Ripple will have spent $200 million by the time its legal battle with the U.S. Securities and Exchange Commission is over, CEO Brad Garlinghouse said. Lees verder op Tech Meme

Truecaller plans to make its caller ID service available globally over WhatsApp and other messaging apps later in May to help users spot potential spam calls (Munsif Vengattil/Reuters) 08-05-2023

Munsif Vengattil / Reuters: Truecaller plans to make its caller ID service available globally over WhatsApp and other messaging apps later in May to help users spot potential spam calls  —  Truecaller (TRUEb.ST) will soon start making its caller identification service available over WhatsApp and other messaging apps … Lees verder op Tech Meme

Palantir Q1: revenue up 18% YoY to $525M, vs. $506M est., and says its Artificial Intelligence Platform for private datasets is coming in May; PLTR jumps 23%+ (Ashley Capoot/CNBC) 08-05-2023

Ashley Capoot / CNBC: Palantir Q1: revenue up 18% YoY to $525M, vs. $506M est., and says its Artificial Intelligence Platform for private datasets is coming in May; PLTR jumps 23%+  —  – Shares of Palantir rose as much as 28% in extended trading Monday after the company released first-quarter earnings that beat analysts’ estimates on top and bottom lines. Lees verder op Tech Meme

PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+ (Jennifer Surane/Bloomberg) 08-05-2023

Jennifer Surane / Bloomberg: PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+  —  PayPal Holdings Inc. shares slumped after the payments giant warned that its adjusted operating margin won’t grow as quickly … Lees verder op Tech Meme

Crypto exchange Bittrex files for bankruptcy in Delaware; filing: the company estimates both its liabilities and assets to be between $500M and $1B (Nikhilesh De/CoinDesk) 09-05-2023

Nikhilesh De / CoinDesk: Crypto exchange Bittrex files for bankruptcy in Delaware; filing: the company estimates both its liabilities and assets to be between $500M and $1B  —  Bittrex already announced its intention to exit the U.S., but also faces an SEC enforcement action.  —  Crypto exchange Bittrex has filed … Lees verder op Tech Meme