Kosaku Narioka / Wall Street Journal: Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a ~$504M net profit, beating analyst estimates of ~$440.9M and more than doubling from a year earlier  —  The Chinese maker of smartphones and other electronics products said revenue declined 4.0%  —  Xiaomi said Tuesday … Lees verder op Tech Meme

Lora Kolodny / CNBC: Court filing: X faces 2,200 arbitration cases from employees laid off after Elon Musk took over; the filing fees alone could be $3.5M for that volume of cases  —  – Elon Musk’s X Corp. is facing 2,200 arbitration cases, a court filing in Delaware revealed on Monday. Lees verder op Tech Meme

Lilian Zhang / South China Morning Post: Alibaba’s T-Head, VeriSilicon, and seven other Chinese chip companies announce a patent alliance for RISC-V to share patents and license them to third parties  —  – Alibaba’s chip unit T-Head, VeriSilicon and seven other firms announced the formation of the patent alliance at a RISC-V industry forum in Shanghai Lees verder op Tech Meme

Leo Lewis / Financial Times: Sources: Chinese-backed hackers breached Japanese cybersecurity agency NISC’s email system; experts link the July 4 ransomware attack on Port of Nagoya to China  —  Infiltration comes as allies scrutinise Tokyo’s defences against hacking  —  The organisation responsible for Japan’s national defences … Lees verder op Tech Meme

Wall Street Journal: Despite a rough year for the memory chip business, SK Hynix’s stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high bandwidth memory  —  South Korea’s SK Hynix bet early on powerful memory chips for generative AI programs like ChatGPT Lees verder op Tech Meme

Lora Kolodny / CNBC: In July 2023, the NHTSA ordered Tesla to provide data on Autopilot’s “Elon mode”, which eliminates prompts for drivers to their keep hands on the wheel  —  – Tesla received a special order from the National Highway Transportation Administration in late July requiring … Lees verder op Tech Meme

Caiwei Chen / Rest of World: Chinese sextortion scammers have flooded X, harassing political dissidents and influential figures since the platform added paid verification in April 2023  —  Scammers are targeting Chinese-language users, harassing political dissidents and influential figures. Lees verder op Tech Meme

Financial Times: Critics say India’s new privacy safeguards do little to prevent mass government surveillance via tracking equipment installed at subsea cable landing stations  —  Little-known Israeli groups emerge as key providers of tracking equipment installed at subsea cable stations Lees verder op Tech Meme