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Microsoft formally files its appeal against the UK CMA's decision to block its $69B Activision deal; the judicial review process could take up to nine months (Katharine Gemmell/Bloomberg) 24-05-2023

Katharine Gemmell / Bloomberg: Microsoft formally files its appeal against the UK CMA’s decision to block its $69B Activision deal; the judicial review process could take up to nine months  —  Microsoft Corp. formally filed its appeal against the UK antitrust watchdog’s decision to block its $69 billion Activision Blizzard Inc. deal. Lees verder op Tech Meme

Microsoft says Chinese state-sponsored hackers compromised “critical infrastructure organizations” across US industries, with a focus on gathering intelligence (Rohan Goswami/CNBC) 24-05-2023

Rohan Goswami / CNBC: Microsoft says Chinese state-sponsored hackers compromised “critical infrastructure organizations” across US industries, with a focus on gathering intelligence  —  – Chinese state-sponsored hackers have compromised “critical” cyber infrastructure in a variety of industries … Lees verder op Tech Meme

Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., Data Center revenue up 14% YoY, and a Q2 revenue forecast above estimates; NVDA jumps 20%+ (Kif Leswing/CNBC) 24-05-2023

Kif Leswing / CNBC: Nvidia reports Q1 revenue down 13% YoY to $7.19B, vs. $6.52B est., Data Center revenue up 14% YoY, and a Q2 revenue forecast above estimates; NVDA jumps 20%+  —  – Nvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected forecast that drove shares up 25% in extended trading. Lees verder op Tech Meme

Snowflake reports Q1 revenue up 48% YoY to $623.6M, vs. $608M est., forecasts Q2 product revenue below est., and plans to acquire startup Neeva; SNOW drops 10%+ (Annie Palmer/CNBC) 24-05-2023

Annie Palmer / CNBC: Snowflake reports Q1 revenue up 48% YoY to $623.6M, vs. $608M est., forecasts Q2 product revenue below est., and plans to acquire startup Neeva; SNOW drops 10%+  —  – Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates. Lees verder op Tech Meme