Bloomberg: SMIC reports Q3 revenue down 15% YoY to $1.61B, vs. $1.64B est., and net income down 80% YoY to $94M, vs. $178.1M est., despite Huawei’s Mate 60 Pro launch  —  The Shanghai company reported a 15% fall in revenue to $1.62 billion, versus an average projection for $1.64 billion. Lees verder op Tech Meme

Wall Street Journal: US v. Google exposes Google’s deepening rift with Microsoft, especially in the AI boom, despite Satya Nadella’s attempts to make nice when he became CEO in 2014  —  Search and software titans trade accusations as memory of detente fades  —  Satya Nadella wanted to make nice with longtime rival Google … Lees verder op Tech Meme

Jennifer Hughes / Financial Times: Brokers, hedge funds, and advisers push back hard on the SEC’s proposed rules for AI used in financial advice, giving comments well past the October 10 deadline  —  Brokers, hedge funds and advisers say proposals are unnecessary and impossible to implement  —  Brokers, hedge funds … Lees verder op Tech Meme

Cecilia D’Anastasio / Bloomberg: Since becoming Twitch’s CEO in March 2023, Dan Clancy has been traveling the US in a van, meeting prominent streamers and listening to their ideas and concerns  —  Dan Clancy aims to boost Amazon’s $45 billion livestreaming site by improving customer service for top performers Lees verder op Tech Meme

Bloomberg: A look at Berlin-based financial regulator BaFin, which has sanctioned ~12 fintechs in 12 months, part of trying to repair its image after the Wirecard scandal  —  – BaFin has been trying to repair its image under Mark Branson  — Some fintech executives argue it risks stifling the industry Lees verder op Tech Meme

Ben Schoon / 9to5Google: Google stops selling Fitbit products in 29 countries, including those where the company doesn’t offer Pixel alternatives, to “align” its hardware portfolio  —  In a move that went a bit under the radar, Fitbit under Google has stopped selling its products in nearly 20 countries around the globe. Lees verder op Tech Meme

Jamie Crawley / CoinDesk: Polygon Labs launches a grant program, with 110 million of its MATIC native token, worth around $85M, to entice developers to build apps in its ecosystem  —  Polygon Labs is offering 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.  —  Register Now Lees verder op Tech Meme

Jennifer Pattison Tuohy / The Verge: Apple, Google, and Samsung are working with Schlage, Yale, Qualcomm, and others, to build Aliro, an open standard for smart locks and digital keys  —  Launching Thursday, the effort is called Aliro, and if you’ve ever enjoyed using Apple’s Home Key technology on your watch or phone to unlock your door … Lees verder op Tech Meme

Camomile Shumba / CoinDesk: The EU Parliament approves a Data Act with a kill switch clause for automated data-sharing agreements; the legislation now needs EU Council approval  —  The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.  —  Register Now Lees verder op Tech Meme