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

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

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

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

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

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

John Seabrook / New Yorker: A profile of UMG CEO Lucian Grainge, who helped record labels rake in billions of dollars from streaming and now hopes to do the same with generative AI  —  Lucian Grainge, the chairman of UMG, has helped record labels rake in billions of dollars from streaming.  Can he do the same with generative artificial intelligence? Lees verder op Tech Meme

Vitalik Buterin / Vitalik Buterin’s website: A look at the four major categories of apps that could emerge at the intersection of crypto and AI, and the prospects and challenges of each category  —  Special thanks to the Worldcoin and Modulus Labs teams, Xinyuan Sun, Martin Koeppelmann and Illia Polosukhin for feedback and discussion. Lees verder op Tech Meme