Ryan Gallagher / Bloomberg: A look at Tel Aviv-based Rayzone, whose surveillance system Echo, sold to governments globally, harvests and repurposes ad data to track people via their phones  —  The innovation at the heart of the advertising technology industry is automated auctions to trade real-time data about mobile phone users … Lees verder op Tech Meme

Arjun Kharpal / CNBC: JD.com says CEO Xu Lei plans to step down in June 2023 “due to personal reasons”, after taking the role in April 2022; CFO Sandy Ran Xu will take over as CEO  —  – JD.com shares rose in pre-market trade in the U.S. on Thursday after it said it swung to profit in the first quarter and announced a management shakeup. Lees verder op Tech Meme

Jack Schickler / CoinDesk: A judge rules that $300M in BlockFi’s wallets belong to clients, not the bankrupt lender’s estate; $375M in interest-bearing accounts belong to the estate  —  A further $375 million that users tried to transfer out of interest-bearing accounts after Nov. 10 still belongs to the estate, Bankruptcy Judge Michael Kaplan said Lees verder op Tech Meme

Sean Hollister / The Verge: Review of the $700 Asus ROG Ally: fast performance and smooth variable refresh screen, but Windows is hard to use on a handheld and the UI has major glitches  —  A big step forward for Windows handhelds — but is Windows the way forward at all? … Windows handheld gaming PCs existed before the Deck … Lees verder op Tech Meme

Siddharth Venkataramakrishnan / Financial Times: Revolut says CFO Mikko Salovaara plans to leave “for personal reasons”, two months after CEO James Radford left, as the company waits for a UK banking license  —  Exits of Mikko Salovaara and James Radford follow last year’s exodus of executives Lees verder op Tech Meme

Vansh Agarwal / Reuters: Sonos stock falls 20%+ after reporting Q2 revenue down 24% YoY to $304.2M and forecasts annual revenue between $1.63B and $1.68B, down from $1.7B to $1.8B  —  Sonos Inc (SONO.O) was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries … Lees verder op Tech Meme

Che Pan / South China Morning Post: Chinese chipmaker SMIC reports Q1 revenue down 20.6% YoY to $1.46B and net income down 48.3% YoY to $231.1M, both beating analyst estimates  —  Semiconductor Manufacturing International Corp (SMIC) , China’s top contract chip maker, posted its biggest drop in quarterly revenue in over a decade … Lees verder op Tech Meme