Emily Nicolle / Bloomberg: France designates Société Générale’s blockchain unit Forge a digital asset service provider, issuing the country’s first license under its new crypto rules  —  – Forge awarded permissions to act as custodian, trade crypto  — License will help meet demand from institutional clients: CEO Lees verder op Tech Meme

Kate Clark / The Information: Michael Moritz leaves Sequoia for the firm’s wealth management business; sources: partners Mike Vernal, Michelle Fradin, Kais Khimji, and Daniel Chen also left  —  Five Sequoia Capital partners have left the firm, the biggest shakeup to the storied venture firm’s leadership since its leader Roelof Botha took over a year ago. Lees verder op Tech Meme

Wayne Ma / The Information: Sources: Meta delayed releasing AR glasses to at least 2027, after having to cut the microLED display, lidar, 3D projector, and more due to technical setbacks  —  In March 2020, as the Covid-19 pandemic began to transform the world, the company then known as Facebook struck a deal to buy … Lees verder op Tech Meme

Financial Times: Sources: Threads uses a largely replicated Instagram algorithm, prioritizing creators’ and friends’ posts over hard news, and relies on Instagram moderators  —  Facebook’s parent company downgrades current affairs on Threads app and refuses to engage with Canadian law designed to fund media groups Lees verder op Tech Meme

Brandy Betz / CoinDesk: Miami-based Cosmic Wire, which sells blockchain infrastructure and metaverse creation tools, raised a $30M seed led by the Solana Foundation and Polygon  —  The startup offers metaverse creation tools and a list of general blockchain infrastructure solutions. Lees verder op Tech Meme

C. Scott Brown / Android Authority: Google launches Nearby Share for Windows, letting users transfer files between PCs and Android devices close to each other, after debuting a beta in March 2023  —  Anyone can download Nearby Share for Windows now, but your future laptop might come with it pre-installed.  —  •  —  TL;DR Lees verder op Tech Meme

Emmy Lucas / Forbes: Los Angeles-based Karat Financial, which offers creators banking and credit card services, raised a $70M Series B, split as $40M in equity and $30M in debt  —  The creator economy is booming: Goldman Sachs estimates its total addressable market to be $250 billion today. Lees verder op Tech Meme

Lisa Richwine / Reuters: Netflix Q2: revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subscribers, vs. 1.9M est., and a Q3 forecast below est.  —  Netflix Inc (NFLX.O) handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown … Lees verder op Tech Meme

Kif Leswing / CNBC: IBM reports Q2 revenue flat YoY at $15.48B, vs. $15.58B est., net income up 14% YoY to $1.6B, software up 7% YoY to $6.6B, and consulting up 4% YoY to $5B  —  – IBM reported better-than-expected earnings on Wednesday, expanding its gross margin.  — Revenue missed consensus estimates. Lees verder op Tech Meme