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Munich-based Quantum Systems, which makes reconnaissance drones for Germany, Ukraine, and others, raised a €63.6M Series B, taking its total funding to €100M+ (Aggi Cantrill/Bloomberg) 24-10-2023

Aggi Cantrill / Bloomberg: Munich-based Quantum Systems, which makes reconnaissance drones for Germany, Ukraine, and others, raised a €63.6M Series B, taking its total funding to €100M+  —  – Quantum Systems raised over €100 million after Series B round  — HV Capital, DTCP led round, which was backed by Thiel Ventures Lees verder op Tech Meme

YouTube finally lets users update the cover art of their YouTube Music playlists, but only using images created by YouTube's generative AI, not their own images (Emma Roth/The Verge) 24-10-2023

Emma Roth / The Verge: YouTube finally lets users update the cover art of their YouTube Music playlists, but only using images created by YouTube’s generative AI, not their own images  —  YouTube Music is finally letting you change the cover art of your playlists.  While you still won’t get to upload your own image … Lees verder op Tech Meme

Qualcomm unveils the Snapdragon 8 Gen 3 mobile 4nm chip, with a 25% more performant GPU, AI Engine that can produce Stable Diffusion images in <1 second, more (Kris Holt/Engadget) 24-10-2023

Kris Holt / Engadget: Qualcomm unveils the Snapdragon 8 Gen 3 mobile 4nm chip, with a 25% more performant GPU, AI Engine that can produce Stable Diffusion images in <1 second, more  —  Expect better efficiency, improved gaming performance and camera upgrades.  —  At its annual Snapdragon Summit on Tuesday, Qualcomm revealed its latest mobile chipset. Lees verder op Tech Meme

Microsoft reports Q1 revenue up 13% YoY to $56.5B, net income up 27% YoY to $22.3B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 8% YoY (Microsoft) 24-10-2023

Microsoft: Microsoft reports Q1 revenue up 13% YoY to $56.5B, net income up 27% YoY to $22.3B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 8% YoY  —  REDMOND, Wash. — October 24, 2023 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2023 … Lees verder op Tech Meme

Verizon's stock jumped 9.2% after reporting Q3 revenue of $33.34B, vs. $33.25B est., 100K postpaid phone net additions, vs. 60K est., and ~10.3M broadband subs (Jake Piazza/CNBC) 24-10-2023

Jake Piazza / CNBC: Verizon’s stock jumped 9.2% after reporting Q3 revenue of $33.34B, vs. $33.25B est., 100K postpaid phone net additions, vs. 60K est., and ~10.3M broadband subs  —  – Verizon stock closed up more than 9%, making it the communications company’s best day in almost 15 years. Lees verder op Tech Meme

Alphabet reports Q3 revenue of $77B, up 11% YoY, net income of $19.7B, up from $13.9B YoY, Google Cloud revenue of $8.4B, up from $6.9B YoY; GOOG drops 5%+ (Alphabet) 24-10-2023

Alphabet: Alphabet reports Q3 revenue of $77B, up 11% YoY, net income of $19.7B, up from $13.9B YoY, Google Cloud revenue of $8.4B, up from $6.9B YoY; GOOG drops 5%+  —  MOUNTAIN VIEW, Calif. – October 24, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2023. Lees verder op Tech Meme

Microsoft reports Q1 Intelligent Cloud revenue up 19% YoY to $24.26B, vs. $23.49B est., with Azure and other cloud services revenue up 29% YoY, vs. 26% YoY est. (Jordan Novet/CNBC) 24-10-2023

Jordan Novet / CNBC: Microsoft reports Q1 Intelligent Cloud revenue up 19% YoY to $24.26B, vs. $23.49B est., with Azure and other cloud services revenue up 29% YoY, vs. 26% YoY est.  —  – Microsoft’s net income jumped 27%.  — The company’s Azure cloud revenue growth accelerated after two years of deceleration. Lees verder op Tech Meme

YouTube Q3 ad revenue rose 12.5% YoY to $7.95B, vs. $7.81B est.; the results come after YouTube fell short of expectations a year ago, when ad revenue fell 1.9% (Todd Spangler/Variety) 24-10-2023

Todd Spangler / Variety: YouTube Q3 ad revenue rose 12.5% YoY to $7.95B, vs. $7.81B est.; the results come after YouTube fell short of expectations a year ago, when ad revenue fell 1.9%  —  Internet video giant YouTube larded its coffers with $7.95 billion in ad revenue for third quarter of 2023 … Lees verder op Tech Meme

Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, and DAUs up 12% YoY to 406M, vs. 405.7M est.; SNAP jumps 5%+ (Jonathan Vanian/CNBC) 24-10-2023

Jonathan Vanian / CNBC: Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, and DAUs up 12% YoY to 406M, vs. 405.7M est.; SNAP jumps 5%+  —  – As part of Snap’s “internal forecast,” the company said that it expects sales in its fourth quarter to fall in the range of $1.32 billion … Lees verder op Tech Meme