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Spotify Q3: revenue up 11% YoY to €3.4B, MAUs up 26% to 574M, subscribers up 16% YoY to 226M, and €32M operating income, vs. a €44.6M loss est.; SPOT jumps 9%+ (Ashley Carman/Bloomberg) 24-10-2023

Ashley Carman / Bloomberg: Spotify Q3: revenue up 11% YoY to €3.4B, MAUs up 26% to 574M, subscribers up 16% YoY to 226M, and €32M operating income, vs. a €44.6M loss est.; SPOT jumps 9%+  —  Spotify Technology SA rose the most since January after the music-streaming giant reported third-quarter results … Lees verder op Tech Meme

Sources: RISC-V chip designer SiFive, which has raised $365M+, lays off 100 to 300+ employees, mostly in its engineering team, and guts its product portfolio (Dr. Ian Cutress/More Than Moore) 24-10-2023

Dr. Ian Cutress / More Than Moore: Sources: RISC-V chip designer SiFive, which has raised $365M+, lays off 100 to 300+ employees, mostly in its engineering team, and guts its product portfolio  —  A quick one for you.  I have received reports, now from multiple sources, that the major torch bearer of the RISC-V platform … Lees verder op Tech Meme

Taiwan VP Lai Ching-te assails China's Foxconn investigation; sources say China disclosed the move for political reasons tied to Taiwan's January 2024 elections (Reuters) 24-10-2023

Reuters: Taiwan VP Lai Ching-te assails China’s Foxconn investigation; sources say China disclosed the move for political reasons tied to Taiwan’s January 2024 elections  —  Taiwan Vice President Lai Ching-te on Tuesday hit out at China over its probe of major Apple (AAPL.O) supplier Foxconn (2317.TW) … Lees verder op Tech Meme