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Cisco reports Q1 revenue up 8% YoY to $14.7B, vs. $14.6B est., net income up 36% YoY to $3.6B, and forecasts Q2 revenue far short of estimates; CSCO drops 10%+ (Ian King/Bloomberg) 15-11-2023

Ian King / Bloomberg: Cisco reports Q1 revenue up 8% YoY to $14.7B, vs. $14.6B est., net income up 36% YoY to $3.6B, and forecasts Q2 revenue far short of estimates; CSCO drops 10%+  —  – Quarterly outlook comes in well short of analysts’ estimates  — Corporate customers are keeping tight rein on tech spending Lees verder op Tech Meme

Pew: 30% of US adults say they regularly get news from Facebook, 26% say YouTube; 16%, Instagram; 14%, TikTok; 12%, X; 8%, Reddit; and 5%, Nextdoor and LinkedIn (Sarah Scire/Nieman Lab) 16-11-2023

Sarah Scire / Nieman Lab: Pew: 30% of US adults say they regularly get news from Facebook, 26% say YouTube; 16%, Instagram; 14%, TikTok; 12%, X; 8%, Reddit; and 5%, Nextdoor and LinkedIn  —  Facebook may be ready to divorce the news business, but it’s still the No. 1 source of news on social media for Americans. Lees verder op Tech Meme

Sources: Shein's revenue grew 40%+ YoY to $24B from January to September and is likely on track to reach Shein's 40% growth goal for 2023, or $32B to $33B total (Jing Yang/The Information) 15-11-2023

Jing Yang / The Information: Sources: Shein’s revenue grew 40%+ YoY to $24B from January to September and is likely on track to reach Shein’s 40% growth goal for 2023, or $32B to $33B total  —  Shein’s revenue surged more than 40% to $24 billion between January and September from a year earlier, people familiar with its finances said … Lees verder op Tech Meme

Google launches two Titan Security Keys with FIDO2 that can store up to 250 unique passkeys, and commits to giving 100K security keys to high-risk users in 2024 (Abner Li/9to5Google) 15-11-2023

Abner Li / 9to5Google: Google launches two Titan Security Keys with FIDO2 that can store up to 250 unique passkeys, and commits to giving 100K security keys to high-risk users in 2024  —  Google has been selling its own line of Titan Security Keys for several years now, and new USB-C and USB-A models with NFC today let you store passkeys. Lees verder op Tech Meme

The FCC adopts a rule to prevent the “digital discrimination” of broadband access based on income, race, and more; ISPs and their GOP allies oppose the measure (Ryan Tracy/Wall Street Journal) 15-11-2023

Ryan Tracy / Wall Street Journal: The FCC adopts a rule to prevent the “digital discrimination” of broadband access based on income, race, and more; ISPs and their GOP allies oppose the measure  —  Industry and GOP say rule goes too far, warn of a chilling effect on broadband investment Lees verder op Tech Meme

Amazon plans to merge its Comixology app with Kindle on December 4, and automatically integrate all comics that Comixology users own into their Kindle libraries (Thomas Wilde/GeekWire) 15-11-2023

Thomas Wilde / GeekWire: Amazon plans to merge its Comixology app with Kindle on December 4, and automatically integrate all comics that Comixology users own into their Kindle libraries  —  Amazon will merge its digital comics storefront Comixology with Kindle on Dec. 4, which will also involve the official end of service for the standalone Comixology app. Lees verder op Tech Meme