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Paris-based payments company Worldline plans to lay off around 8% of its global workforce, or ~1,400 jobs, as it seeks to cut annual costs by €200M from 2025 (Alexandre Rajbhandari/Bloomberg) 07-02-2024

Alexandre Rajbhandari / Bloomberg: Paris-based payments company Worldline plans to lay off around 8% of its global workforce, or ~1,400 jobs, as it seeks to cut annual costs by €200M from 2025  —  – Company seeks to cut annual costs by €200 million from 2025  — Worldline employs about 18,000 staff in more than 40 countries Lees verder op Tech Meme

Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+ (Reuters) 07-02-2024

Reuters: Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+  —  Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips … Lees verder op Tech Meme

Disney plans to invest $1.5B for a stake in Epic Games and work with the gaming studio to create new games with content from Disney, Pixar, Marvel, and more (Sarah Whitten/CNBC) 07-02-2024

Sarah Whitten / CNBC: Disney plans to invest $1.5B for a stake in Epic Games and work with the gaming studio to create new games with content from Disney, Pixar, Marvel, and more  —  – Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world. Lees verder op Tech Meme

PayPal reports Q4 revenue up 9% YoY to $8B, vs. $7.87B est., and total payment volume up 15% YoY to $409.8B, vs. $404.45B est. (Manya Saini/Reuters) 07-02-2024

Manya Saini / Reuters: PayPal reports Q4 revenue up 9% YoY to $8B, vs. $7.87B est., and total payment volume up 15% YoY to $409.8B, vs. $404.45B est.  —  PayPal (PYPL.O) beat Wall Street estimates for fourth-quarter profit on Wednesday as more Americans used its payments platform for shopping during the holiday season. Lees verder op Tech Meme