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Analysis: Apple's announcement of spending over $500B in the US over four years is in line with what one might expect it to spend anyway, given its financials (Dan Gallagher/Wall Street Journal) 24-02-2025

Dan Gallagher / Wall Street Journal: Analysis: Apple’s announcement of spending over $500B in the US over four years is in line with what one might expect it to spend anyway, given its financials  —  One big benefit to being the size of Apple AAPL 0.95%increase; green up pointing triangle is the ability to throw around huge numbers while in the normal course of business. Lees verder op Tech Meme

Zoom Q4: revenue of $1.18B, up 3.3% YoY, Enterprise revenue of $706.8M, up 5.9%, net income of $367.9M, up from $298.8M, sales forecast slightly under estimates (Juby Babu/Reuters) 24-02-2025

Juby Babu / Reuters: Zoom Q4: revenue of $1.18B, up 3.3% YoY, Enterprise revenue of $706.8M, up 5.9%, net income of $367.9M, up from $298.8M, sales forecast slightly under estimates  —  Zoom Communications (ZM.O) forecast annual revenue below Wall Street estimates on Monday, in a sign of weak demand for its wide range … Lees verder op Tech Meme

Sources: the Elon Musk-directed OPM email asking federal staff about recent work requested no links or attachments as part of a plan to feed responses into AI (NBC News) 25-02-2025

NBC News: Sources: the Elon Musk-directed OPM email asking federal staff about recent work requested no links or attachments as part of a plan to feed responses into AI  —  The revelation comes as federal workers face a midnight deadline to respond.  —  WASHINGTON — Responses to the Elon Musk-directed email … Lees verder op Tech Meme

Chegg sues Google, saying AI Overviews hurt its traffic and revenue, as it mulls strategic options including getting acquired; CHGG drops 20%+ after hours (CNBC) 25-02-2025

CNBC: Chegg sues Google, saying AI Overviews hurt its traffic and revenue, as it mulls strategic options including getting acquired; CHGG drops 20%+ after hours  —  Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results … Lees verder op Tech Meme

Zoom Q4: revenue $1.18B, up 3.3% YoY, Enterprise revenue of $706.8M, up 5.9%, net income of $367.9M, up from $298.8M, revenue forecast slightly under estimates (Juby Babu/Reuters) 24-02-2025

Juby Babu / Reuters: Zoom Q4: revenue $1.18B, up 3.3% YoY, Enterprise revenue of $706.8M, up 5.9%, net income of $367.9M, up from $298.8M, revenue forecast slightly under estimates  —  Zoom Communications (ZM.O) forecast annual revenue below Wall Street estimates on Monday, in a sign of weak demand for its wide range … Lees verder op Tech Meme

Crypto exchange OKX settles charges with the US DOJ and will pay over $500M in penalties and forfeited fees after facilitating $5B+ in suspicious transactions (Ian Allison/CoinDesk) 25-02-2025

Ian Allison / CoinDesk: Crypto exchange OKX settles charges with the US DOJ and will pay over $500M in penalties and forfeited fees after facilitating $5B+ in suspicious transactions  —  An OKX subsidiary said it resolved a U.S. DOJ investigation.  —  What to know: … OKX, one of the largest cryptocurrency exchanges … Lees verder op Tech Meme