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Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand (Sarah Zheng/Bloomberg) 28-11-2023

Sarah Zheng / Bloomberg: Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand  —  Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth … Lees verder op Tech Meme

A study of UK teenagers: 79% of online users aged 13 to 17 use generative AI, compared to 31% of internet users aged 16+; 51% of ages 7 to 17 use Snap's My AI (Ofcom) 28-11-2023

Ofcom: A study of UK teenagers: 79% of online users aged 13 to 17 use generative AI, compared to 31% of internet users aged 16+; 51% of ages 7 to 17 use Snap’s My AI  —  Teenagers and children in the UK are far more likely than adults to have embraced generative artificial intelligence (AI) … Lees verder op Tech Meme

An in-depth reflection on Marc Andreessen's “techno-optimist manifesto”: tech is amazing, the high cost of delays, AI and risk, d/acc, centralization, and more (Vitalik Buterin/Vitalik Buterin's website) 28-11-2023

Vitalik Buterin / Vitalik Buterin’s website: An in-depth reflection on Marc Andreessen’s “techno-optimist manifesto”: tech is amazing, the high cost of delays, AI and risk, d/acc, centralization, and more  —  Special thanks to Morgan Beller, Juan Benet, Eli Dourado, Sriram Krishnan, Nate Soares, Jaan Tallinn, Vincent Weisser … Lees verder op Tech Meme

Europol, the US, Ukraine, and other countries arrest members of a ransomware group in Ukraine linked to attacks on organizations in 71 countries (Sergiu Gatlan/BleepingComputer) 28-11-2023

Sergiu Gatlan / BleepingComputer: Europol, the US, Ukraine, and other countries arrest members of a ransomware group in Ukraine linked to attacks on organizations in 71 countries  —  In cooperation with Europol and Eurojust, law enforcement agencies from seven nations have arrested in Ukraine the core members … Lees verder op Tech Meme