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ASML reports Q1 revenue up 91% YoY to €6.74B and net profit up nearly 3x YoY to €1.96B, beating estimates of €6.31B and €1.62B, respectively (Toby Sterling/Reuters) 19-04-2023

Toby Sterling / Reuters: ASML reports Q1 revenue up 91% YoY to €6.74B and net profit up nearly 3x YoY to €1.96B, beating estimates of €6.31B and €1.62B, respectively  —  ASML Holding NV (ASML.AS) beat first-quarter earnings forecasts on Wednesday on continued strong demand for its chip making equipment … Lees verder op Tech Meme

Netflix upgrades its ad-supported plan's video quality from 720p to 1080p and lets subscribers watch two streams at once, starting with Canada and Spain (Jay Peters/The Verge) 19-04-2023

Jay Peters / The Verge: Netflix upgrades its ad-supported plan’s video quality from 720p to 1080p and lets subscribers watch two streams at once, starting with Canada and Spain  —  Netflix is making its $6.99 per month ad-supported plan a much better value. … Subscribers in Canada and Spain … Lees verder op Tech Meme

A look at Itana, a controversial startup city set to be built near Lagos in partnership with Binance and investors like Peter Thiel-backed Pronomos Capital (Wired) 19-04-2023

Wired: A look at Itana, a controversial startup city set to be built near Lagos in partnership with Binance and investors like Peter Thiel-backed Pronomos Capital  —  Nigeria’s Itana partnered with Binance and the Charter Cities Institute to build a physical tech hub near Lagos, but the plan has sparked controversy. Lees verder op Tech Meme

Some people are using AI chatbots as a supplement to, or in lieu of, traditional mental health services, despite privacy issues and warnings from experts (Rachel Metz/Bloomberg) 19-04-2023

Rachel Metz / Bloomberg: Some people are using AI chatbots as a supplement to, or in lieu of, traditional mental health services, despite privacy issues and warnings from experts  —  Milo Van Slyck missed an appointment with his therapist in early April, so he decided to try something new: telling ChatGPT about his problems. Lees verder op Tech Meme

CB Insights: Indian startups raised just $2B in Q1, down 75% YoY and the smallest quarterly total in nearly three years, across 271 startups, down from 561 YoY (M. Sriram/Reuters) 19-04-2023

M. Sriram / Reuters: CB Insights: Indian startups raised just $2B in Q1, down 75% YoY and the smallest quarterly total in nearly three years, across 271 startups, down from 561 YoY  —  A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon … Lees verder op Tech Meme

The EU establishes the European Centre for Algorithmic Transparency in Seville, Spain, to support oversight of large platforms under the Digital Services Act (Natasha Lomas/TechCrunch) 19-04-2023

Natasha Lomas / TechCrunch: The EU establishes the European Centre for Algorithmic Transparency in Seville, Spain, to support oversight of large platforms under the Digital Services Act  —  Seville, Spain-based algorithmic transparency center to support enforcement of EU’s Digital Services Act Lees verder op Tech Meme

Some software firms are facing large tax bills after US lawmakers failed to renew a provision letting companies to fully expense R&D costs in the year incurred (Eric Rosenbaum/CNBC) 19-04-2023

Eric Rosenbaum / CNBC: Some software firms are facing large tax bills after US lawmakers failed to renew a provision letting companies to fully expense R&D costs in the year incurred  —  – Congress failed to extend a key tax provision last year allowing companies to fully expense research & development costs … Lees verder op Tech Meme