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JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022 (Tiyashi Datta/Reuters) 11-05-2023

Tiyashi Datta / Reuters: JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022  —  China’s e-commerce giant JD.com Inc (9618.HK), said on Thursday its chief executive Xu Lei will step down, with the company’s chief financial officer taking on the role. Lees verder op Tech Meme

Robinhood reports $38M in Q1 2023 crypto trading revenue, down 30% YoY and down 1% QoQ, and ~$11.5B worth of crypto in assets under custody, up 36% from Q4 2022 (Jamie Crawley/CoinDesk) 11-05-2023

Jamie Crawley / CoinDesk: Robinhood reports $38M in Q1 2023 crypto trading revenue, down 30% YoY and down 1% QoQ, and ~$11.5B worth of crypto in assets under custody, up 36% from Q4 2022  —  The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter. Lees verder op Tech Meme

WhatsApp rolls out updates to tackle spam calls, particularly prevalent in India right now, using its AI and ML systems, hoping to reduce the rate by 50%+ (Jagmeet Singh/TechCrunch) 11-05-2023

Jagmeet Singh / TechCrunch: WhatsApp rolls out updates to tackle spam calls, particularly prevalent in India right now, using its AI and ML systems, hoping to reduce the rate by 50%+  —  WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now. Lees verder op Tech Meme