Ashley Capoot / CNBC: PayPal names Intuit SVP Alex Chriss as its CEO, replacing longtime CEO Dan Schulman on September 27; the board cited Chriss’ work acquiring Mailchimp for $12B  —  – Alex Chriss, the executive who runs the Small Business and Self-Employed group for Intuit, is the new CEO of PayPal, members of PayPal’s board announced Monday. Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Ford hires former Apple VP of Services Peter Stern, who helped build Apple TV+, to form a team improving customers’ software experience, part of the Ford+ plan  —  / Stern will oversee an effort to ‘create and market innovative customer experiences by integrating hardware, software and services.’ Lees verder op Tech Meme

Reuters: Foxconn reports Q2 revenue down 14% YoY to ~$40.9B, net profit down 1% YoY to ~$1B, beating analyst estimates of ~$801M, and issues a cautious H2 2023 outlook  —  Apple (AAPL.O) supplier Foxconn (2317.TW) beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector … Lees verder op Tech Meme

Prachir Singh / Counterpoint Research: Mobile phone shipments crossed 2B cumulative units under the “Make in India” initiative between 2014 and 2022, a 23% CAGR, for 98% of local shipments in 2022  —  – India’s mobile phone production grew at a CAGR of 23% during 2014-2022 to cross a cumulative 2bn units. Lees verder op Tech Meme