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Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal (Yueqi Yang/Bloomberg) 25-04-2023

Yueqi Yang / Bloomberg: Voyager Digital says Binance.US terminated an agreement to acquire the bankrupt crypto broker for $1B, less than a week after the US abandoned stopping the deal  —  Voyager Digital Ltd said Binance.US had terminated an agreement to purchase the bankrupt crypto broker. Lees verder op Tech Meme

US agency officials, including the FTC's Lina Kahn and the EEOC's Charlotte Burrows, commit to enforcing civil rights laws against AI systems perpetuating bias (Cat Zakrzewski/Washington Post) 25-04-2023

Cat Zakrzewski / Washington Post: US agency officials, including the FTC’s Lina Kahn and the EEOC’s Charlotte Burrows, commit to enforcing civil rights laws against AI systems perpetuating bias  —  Officials from multiple federal agencies say they committed to enforce existing civil rights laws against AI systems that perpetuate bias Lees verder op Tech Meme

CCData: Coinbase's trading volume falls to $26.8B in April 2023 so far, on track for its lowest monthly level in 16 months, despite bitcoin and ether rallies (Scott Chipolina/Financial Times) 25-04-2023

Scott Chipolina / Financial Times: CCData: Coinbase’s trading volume falls to $26.8B in April 2023 so far, on track for its lowest monthly level in 16 months, despite bitcoin and ether rallies  —  Nasdaq-listed exchange sues SEC as it seeks more clarity on crypto regulations  —  Coinbase has suffered a further drop … Lees verder op Tech Meme

Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY (Microsoft) 25-04-2023

Microsoft: Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY  —  REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 … Lees verder op Tech Meme

Alphabet reports Q1 revenue up 3% YoY to $69.8B, net income down 8% YoY to $15.1B, Other Bets revenue down 35% YoY to $288M, and Other Bets loss up 47% YoY (Alphabet) 25-04-2023

Alphabet: Alphabet reports Q1 revenue up 3% YoY to $69.8B, net income down 8% YoY to $15.1B, Other Bets revenue down 35% YoY to $288M, and Other Bets loss up 47% YoY  —  MOUNTAIN VIEW, Calif. – April 25, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023. Lees verder op Tech Meme

Google Cloud turns profitable for the first time on record, with a $191M operating income on $7.45B revenue in Q1 2023, vs. a $706M loss on $5.82B in Q1 2022 (Jordan Novet/CNBC) 25-04-2023

Jordan Novet / CNBC: Google Cloud turns profitable for the first time on record, with a $191M operating income on $7.45B revenue in Q1 2023, vs. a $706M loss on $5.82B in Q1 2022  —  – Google said its cloud group has turned profitable on an operating basis after showing losses for more than three years. Lees verder op Tech Meme

Microsoft reports Q3 Windows OEM revenue down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, and Xbox hardware revenue down 30% YoY (Tom Warren/The Verge) 25-04-2023

Tom Warren / The Verge: Microsoft reports Q3 Windows OEM revenue down 28% YoY, devices revenue down 30% YoY, overall gaming revenue down 4% YoY, and Xbox hardware revenue down 30% YoY  —  Microsoft just posted the third quarter of its 2023 fiscal financial results.  The software maker made $52.9 billion in revenue and a net income of $18.3 billion during Q3. Lees verder op Tech Meme

YouTube's advertising revenue declined for the third consecutive quarter, by 2.6% YoY to $6.69B in Q1 2023, slightly beating analyst estimates of $6.6B (Todd Spangler/Variety) 25-04-2023

Todd Spangler / Variety: YouTube’s advertising revenue declined for the third consecutive quarter, by 2.6% YoY to $6.69B in Q1 2023, slightly beating analyst estimates of $6.6B  —  Ad sales at YouTube declined 2.6% year over year in the first quarter of 2023, to $6.69 billion.  Analysts expected it to come in at $6.6 billion, per FactSet. Lees verder op Tech Meme

Alphabet reports Q1 Google ad revenue of $54.55B, vs. $54.66B YoY, the second straight drop following a 3.6% drop in Q4, and the third drop since it went public (Miles Kruppa/Wall Street Journal) 25-04-2023

Miles Kruppa / Wall Street Journal: Alphabet reports Q1 Google ad revenue of $54.55B, vs. $54.66B YoY, the second straight drop following a 3.6% drop in Q4, and the third drop since it went public  —  Search giant tries to jump-start growth amid volatile digital ad market and competition in AI Lees verder op Tech Meme