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Samsung reports Q1 operating profit down 95% YoY to ~$478.6M, its lowest since 2009, and revenue down 18% YoY to ~$47.6B; its chip division reported ~$3.4B loss (Reuters) 27-04-2023

Reuters: Samsung reports Q1 operating profit down 95% YoY to ~$478.6M, its lowest since 2009, and revenue down 18% YoY to ~$47.6B; its chip division reported ~$3.4B loss  —  Samsung Electronics Co Ltd (005930.KS) flagged a gradual recovery for chips in the second half of the year … Lees verder op Tech Meme

Google says it plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted (Abner Li/9to5Google) 27-04-2023

Abner Li / 9to5Google: Google says it plans to add E2EE to Google Authenticator “down the line”, after researchers warned that its new feature to sync 2FA codes is not E2E encrypted  —  On Monday, Google Authenticator launched the ability to sync 2FA codes to your Google Account. Lees verder op Tech Meme

Harvey, which builds generative AI tools for law firms, raised a $21M Series A led by Sequoia with participation from the OpenAI Startup Fund and others (Sara Merken/Reuters) 27-04-2023

Sara Merken / Reuters: Harvey, which builds generative AI tools for law firms, raised a $21M Series A led by Sequoia with participation from the OpenAI Startup Fund and others  —  With more and more lawyers at major law firms using fast-advancing generative artificial intelligence tools, legal AI startup Harvey … Lees verder op Tech Meme

Meta says time spent on Instagram grew 24%+ since Reels launched thanks to AI recommendations, and expects Reels to be revenue-neutral by year end or early 2024 (Darrell Etherington/TechCrunch) 27-04-2023

Darrell Etherington / TechCrunch: Meta says time spent on Instagram grew 24%+ since Reels launched thanks to AI recommendations, and expects Reels to be revenue-neutral by year end or early 2024  —  Meta shared some updated engagement info around its platforms on its Q1 2023 quarterly earnings call on Wednesday … Lees verder op Tech Meme