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Cloud monitoring company Datadog's stock jumps ~30% after reporting Q3 revenue up 25% YoY to $547.5M, vs. $524.1M est., and forecasting Q4 sales above estimates (CNBC) 07-11-2023

CNBC: Cloud monitoring company Datadog’s stock jumps ~30% after reporting Q3 revenue up 25% YoY to $547.5M, vs. $524.1M est., and forecasting Q4 sales above estimates  —  – Datadog surged nearly 30% in Tuesday trading after the company reported stronger-than-expected third-quarter earnings and full-year guidance. Lees verder op Tech Meme

Sources: Apple last week paused developing iOS 18, macOS 15, iPadOS 18, and watchOS 11 to fix bugs and improve performance, and plans to resume work this week (Mark Gurman/Bloomberg) 07-11-2023

Mark Gurman / Bloomberg: Sources: Apple last week paused developing iOS 18, macOS 15, iPadOS 18, and watchOS 11 to fix bugs and improve performance, and plans to resume work this week  —  – Rare move designed to focus on improving quality, performance  — Despite pause, software releases will likely stay on schedule Lees verder op Tech Meme

The CFPB proposes new powers to oversee companies that offer digital wallets and payment apps facilitating 5M+ transactions per year, or currently ~17 companies (Stefania Palma/Financial Times) 07-11-2023

Stefania Palma / Financial Times: The CFPB proposes new powers to oversee companies that offer digital wallets and payment apps facilitating 5M+ transactions per year, or currently ~17 companies  —  Proposal would subject tech companies such as Apple and Google to new rules  —  The top US consumer finance regulator is seeking … Lees verder op Tech Meme

Former Meta consultant Arturo Béjar's Senate testimony: Meta execs ignored warnings about harms to teens, using carefully crafted metrics to downplay the issue (Brian Fung/CNN) 07-11-2023

Brian Fung / CNN: Former Meta consultant Arturo Béjar’s Senate testimony: Meta execs ignored warnings about harms to teens, using carefully crafted metrics to downplay the issue  —  Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram … Lees verder op Tech Meme

The Microsoft for Startups Founders Hub previews for YC startups a new Nvidia GPU cluster option for AI in Azure and aims to expand access to startups in M12 (Kyle Wiggers/TechCrunch) 07-11-2023

Kyle Wiggers / TechCrunch: The Microsoft for Startups Founders Hub previews for YC startups a new Nvidia GPU cluster option for AI in Azure and aims to expand access to startups in M12  —  In the midst of an AI chip shortage, Microsoft wants to give a privileged few startups free access to “supercomputing” resources from its Azure cloud for developing AI models. Lees verder op Tech Meme

IBM debuts a $500M enterprise AI venture fund, to invest in startups across stages, with no set target of annual investments or capital deployment timeline (Kia Kokalitcheva/Axios) 07-11-2023

Kia Kokalitcheva / Axios: IBM debuts a $500M enterprise AI venture fund, to invest in startups across stages, with no set target of annual investments or capital deployment timeline  —  IBM is dedicating $500 million to invest in generative AI startups focused on business customers. Lees verder op Tech Meme