Ilya Banares / Bloomberg: Shopify reports Q1 revenue up 25% YoY to $1.5B, vs. $1.43B est., GMV up 15% YoY to $49.6B, vs. $47.7B est., and plans to cut ~20% of its staff; SHOP jumps 20%+  —  Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business … Lees verder op Tech Meme

Alf Wilkinson / Financial Times: A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% over eight weeks, compared to an average 0.8% loss for 10 popular UK funds  —  Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com  —  Latest news on ETFs Lees verder op Tech Meme

Meir Orbach / CTech: Israel-based Novidea, which sells software for every aspect of insurance, raised a $50M Series C led by Battery Ventures, bringing its total funding to $90M  —  Using an open API architecture, Novidea’s software platform enables brokers, agents, and MGAs to modernize and manage the customer insurance journey Lees verder op Tech Meme

Richard Lawler / The Verge: Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event  —  / This is Google’s first foldable phone.  More details are coming at Google I/O on May 10th. Lees verder op Tech Meme