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EA reports Q3 net bookings up 1% YoY to $2.37B, vs. $2.39B est., EA Sports FC net bookings up 7% YoY, and $1.95B net revenue, up from $1.88B YoY (Jennifer Maas/Variety) 31-01-2024

Jennifer Maas / Variety: EA reports Q3 net bookings up 1% YoY to $2.37B, vs. $2.39B est., EA Sports FC net bookings up 7% YoY, and $1.95B net revenue, up from $1.88B YoY  —  Per EA, the platform “outperformed expectations again this quarter, delivering 7% year-over-year net bookings growth” and pushing EA to $1.7 billion … Lees verder op Tech Meme

The US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions and posed as other people in Apple, T-Mobile, AT&T, and Verizon stores (Ashley Belanger/Ars Technica) 31-01-2024

Ashley Belanger / Ars Technica: The US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions and posed as other people in Apple, T-Mobile, AT&T, and Verizon stores  —  Scheme allegedly targeted Apple, AT&T, Verizon, and T-Mobile stores in 13 states.  —  The US may have uncovered the nation’s largest … Lees verder op Tech Meme

Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand (Sheila Chiang/CNBC) 31-01-2024

Sheila Chiang / CNBC: Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., operating profit down ~35% YoY to ~$2.1B, vs. ~$2.6B est., and rising 2024 memory demand  —  – Samsung on Wednesday reported a 34.57% drop in operating profit in the fourth quarter from a year ago, in line with its guidance issued earlier this month. Lees verder op Tech Meme

Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023 (Financial Times) 31-01-2024

Financial Times: Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023  —  High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy Lees verder op Tech Meme

Analysis: tech layoffs in 2024, which Layoffs.fyi estimates have totaled 25,000 across ~100 companies so far, are more strategic than the mass layoffs in 2023 (Mike Isaac/New York Times) 31-01-2024

Mike Isaac / New York Times: Analysis: tech layoffs in 2024, which Layoffs.fyi estimates have totaled 25,000 across ~100 companies so far, are more strategic than the mass layoffs in 2023  —  Amazon, Google, Microsoft and other tech companies have been on a layoff spree this month, with the latest cuts differing from last year’s mass reductions. Lees verder op Tech Meme

Q&A with Sen. Brian Schatz on Congress' dysfunction in the tech space, regulating tech firms, the EU's DMA, AI, deepfakes, social media laws for kids, and more (Nilay Patel/The Verge) 31-01-2024

Nilay Patel / The Verge: Q&A with Sen. Brian Schatz on Congress’ dysfunction in the tech space, regulating tech firms, the EU’s DMA, AI, deepfakes, social media laws for kids, and more  —  Today, I’m talking with Senator Brian Schatz of Hawaii.  He’s been in the Senate for a little more than a decade now, and he’s seen a lot in that time. Lees verder op Tech Meme