Foo Yun Chee / Reuters: Trade group CISPE, representing Amazon and 26 EU cloud providers, is working with Microsoft to try to resolve EU antitrust concerns over its licensing practices  —  Microsoft (MSFT.O) is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the U.S. software … Lees verder op Tech Meme

Wayne Ma / The Information: Source: Apple is building at least two iPhone prototypes that fold widthwise; the devices are in early development and not set for production in 2024 or 2025  —  Apple is building prototypes of at least two iPhones that fold widthwise like a clamshell, according to a person with direct knowledge of the situation. Lees verder op Tech Meme

Chainalysis: Ransomware payments in 2023 reached a record $1.1B, up from $567M in 2022 and $983M in 2021, as the frequency, scope, and volume of attacks escalated  —  The Chainalysis 2024 Crypto Crime Report  —  Coming soon  —  In 2023, ransomware actors intensified their operations … Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Smaug-72B, a Qwen-72B-based open-source LLM released by Abacus AI, tops the Hugging Face Open LLM leaderboard and outperforms GPT-3.5 on several benchmarks  —  A new open-source language model has claimed the throne of the best in the world, according to the latest rankings from Hugging Face … Lees verder op Tech Meme

Jane Zhang / Bloomberg: Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and a $25B share buyback; BABA drops ~5%  —  – The move may appeal to some investors as growth slows  — Alibaba is grappling with market and internal uncertainty Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Apple partners with University of California researchers to release open-source AI model MGIE, which can edit images based on natural language instructions  —  Apple has released a new open-source AI model, called “MGIE,” that can edit images based on natural language instructions. Lees verder op Tech Meme

Vlad Savov / Bloomberg: Alibaba cut ~20K staff during 2023, ending December with 219,260 employees, after cutting roughly the same number in 2022, and bought $9.5B of its stock in 2023  —  – It followed roughly the same reduction in roles in 2022  — Company is offloading assets as it works on restructuring Lees verder op Tech Meme

Rohan Goswami / CNBC: Roblox reports Q4 revenue up 30% YoY to $749.9M, bookings up 25% YoY to a record $1.1B, DAUs up 22% YoY to 71.5M, and $2.8B in 2023 revenue; RBLX jumps 13%+  —  – Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines. Lees verder op Tech Meme