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

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

Legal experts say Twitter is breaching US laws prohibiting false advertising by implying that some celebrities paid for Blue when they haven't (Chris Stokel-Walker/Wired) 27-04-2023

Chris Stokel-Walker / Wired: Legal experts say Twitter is breaching US laws prohibiting false advertising by implying that some celebrities paid for Blue when they haven’t  —  The law says you can’t falsely claim that celebrities are paying for Twitter Blue.  —  Twitter’s verification system debacle has had more twists … Lees verder op Tech Meme

The UK CMA's objection to Microsoft's Activision deal focuses on the nascent cloud gaming market, a departure from regulators focusing on mature markets (Cecilia D'Anastasio/Bloomberg) 27-04-2023

Cecilia D’Anastasio / Bloomberg: The UK CMA’s objection to Microsoft’s Activision deal focuses on the nascent cloud gaming market, a departure from regulators focusing on mature markets  —  UK regulators blocked Microsoft Corp.’s $69 billion purchase of Activision Blizzard Inc. over concerns it would harm competition in cloud gaming … Lees verder op Tech Meme

An analysis of Baidu, Bilibili, Bing, Douyin, Weibo, and other Chinese search platforms finds 60K censorship rules, implemented differently by each service (The Citizen Lab) 27-04-2023

The Citizen Lab: An analysis of Baidu, Bilibili, Bing, Douyin, Weibo, and other Chinese search platforms finds 60K censorship rules, implemented differently by each service  —  A comparison of search censorship in China … Key findings  — Across eight China-accessible search platforms analyzed … Lees verder op Tech Meme

Microsoft's Brad Smith says the CMA blocking the Activision deal was “probably the darkest day in our four decades” in the UK and will be “bad for Britain” (BBC) 27-04-2023

BBC: Microsoft’s Brad Smith says the CMA blocking the Activision deal was “probably the darkest day in our four decades” in the UK and will be “bad for Britain”  —  Microsoft’s president has launched a furious attack on the decision by UK regulators to block its deal to buy US video game company Activision Blizzard, Lees verder op Tech Meme

London-based Standard Chartered subsidiary Zodia, which provides custody services for crypto assets, raised a $36M Series A led by Japan's SBI Holdings (Emily Nicolle/Bloomberg) 27-04-2023

Emily Nicolle / Bloomberg: London-based Standard Chartered subsidiary Zodia, which provides custody services for crypto assets, raised a $36M Series A led by Japan’s SBI Holdings  —  Standard Chartered’s spin-off crypto custodial unit Zodia Custody Ltd. closed $36 million in new funding as part of a round led by Japan’s SBI Holdings … Lees verder op Tech Meme