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Sources: Foxconn's Tamil Nadu plant in India plans to deliver new iPhone 15s only weeks after Chinese factories; previously, output lagged China by 6-9 months (Sankalp Phartiyal/Bloomberg) 16-08-2023

Sankalp Phartiyal / Bloomberg: Sources: Foxconn’s Tamil Nadu plant in India plans to deliver new iPhone 15s only weeks after Chinese factories; previously, output lagged China by 6-9 months  —  – Apple is diversifying iPhone supply chain away from China  — India’s push to become a manufacturing hub is bearing fruit Lees verder op Tech Meme

Tencent reports Q2 revenue up 11% YoY to ~$20.5B, below ~$20.8B est., and operating profit up 37% YoY to ~$6.9B, as cost-cutting helps boost its core units (Arjun Kharpal/CNBC) 16-08-2023

Arjun Kharpal / CNBC: Tencent reports Q2 revenue up 11% YoY to ~$20.5B, below ~$20.8B est., and operating profit up 37% YoY to ~$6.9B, as cost-cutting helps boost its core units  —  – Tencent on Wednesday reported a surge in profit for the second quarter, but missed expectations. Lees verder op Tech Meme

Coinbase says the exchange received regulatory approval from the CFTC-backed National Futures Association to offer futures trading services to eligible US users (Timmy Shen/The Block) 16-08-2023

Timmy Shen / The Block: Coinbase says the exchange received regulatory approval from the CFTC-backed National Futures Association to offer futures trading services to eligible US users  —  – Coinbase is now allowed to operate as a futures commission merchant and offer eligible U.S. customers access to crypto futures from its platforms, the company said. Lees verder op Tech Meme

Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022 (Hannah Miller/Bloomberg) 16-08-2023

Hannah Miller / Bloomberg: Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022  —  The crypto company raised $100 million from new investors, emphasizing its focus on following rules and regulations. Lees verder op Tech Meme

Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta (Kif Leswing/CNBC) 16-08-2023

Kif Leswing / CNBC: Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta  —  – Apple has moved the end call button back to the middle of the screen in the the newest developer version of iOS 17 released on Tuesday. Lees verder op Tech Meme

By the end of August, the EU DSA will force online platforms with 45M+ EU users to prove that they are ensuring that their products are not harming children (Politico) 16-08-2023

Politico: By the end of August, the EU DSA will force online platforms with 45M+ EU users to prove that they are ensuring that their products are not harming children  —  Glazed eyes.  One syllable responses.  The steady tinkle of beeps and buzzes coming out of a smartphone’s speakers. Lees verder op Tech Meme