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Xiaomi's stock is up 60%+ since June 2023, gaining ~$20B in market value following strong Xiaomi 14 series sales and its forays into EVs and other businesses (Charlotte Yang/Bloomberg) 13-11-2023

Charlotte Yang / Bloomberg: Xiaomi’s stock is up 60%+ since June 2023, gaining ~$20B in market value following strong Xiaomi 14 series sales and its forays into EVs and other businesses  —  – Xiaomi up more than 60% from June low on new smarthphone push  — JPMorgan sees ‘trading opportunity in the next six months’ Lees verder op Tech Meme

Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss YoY, and plans to buy back up to $1B in shares over the next 24 months (Reuters) 13-11-2023

Reuters: Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss YoY, and plans to buy back up to $1B in shares over the next 24 months  —  Didi Global, China’s largest ride-hailing company, on Monday reported its first quarterly profit since 2021 … Lees verder op Tech Meme

Australian telecom Optus says that “changes to routing information” after a “routine software upgrade” caused the November 8 outage that impacted 10M+ customers (Byron Kaye/Reuters) 13-11-2023

Byron Kaye / Reuters: Australian telecom Optus says that “changes to routing information” after a “routine software upgrade” caused the November 8 outage that impacted 10M+ customers  —  Australian telecoms provider Optus said on Monday that a massive outage which effectively cut off 40% … Lees verder op Tech Meme

OpenAI, Anthropic, Discord, Vimeo, and others sign up to the Christchurch Call to Action, established after a 2019 mass killing to suppress extremist content (Ryan Heath/Axios) 13-11-2023

Ryan Heath / Axios: OpenAI, Anthropic, Discord, Vimeo, and others sign up to the Christchurch Call to Action, established after a 2019 mass killing to suppress extremist content  —  Ardern sat down with Axios in Paris Friday to explain how AI is changing her approach to extremist content. Lees verder op Tech Meme

The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from its financial ties to FTX (Axios) 13-11-2023

Axios: The Block sells an 80% stake to Singaporean VC Foresight Ventures, valuing the crypto outlet at $70M and freeing the business from its financial ties to FTX  —  Crypto media company The Block sold a majority stake to Singaporean venture capital firm Foresight Ventures in a deal valuing the crypto outlet at $70 million. Lees verder op Tech Meme

Sony PlayStation Portal review: a limited, expensive gaming handheld with a mediocre screen that does little besides enable Remote Play streaming from a PS5 (Will Greenwald/PCMag) 13-11-2023

Will Greenwald / PCMag: Sony PlayStation Portal review: a limited, expensive gaming handheld with a mediocre screen that does little besides enable Remote Play streaming from a PS5  —  A remote handheld for your PlayStation 5 … Many gaming accessories serve specific purposes, catering to a user base by performing a single task extremely well. Lees verder op Tech Meme