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A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers (Dell Cameron/Wired) 12-06-2023

Dell Cameron / Wired: A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers  —  A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans. Lees verder op Tech Meme

By capitalizing on crypto lending services' high interest rate promises, 3AC's founders played the bubble perfectly, getting rich as 3AC's lenders went bankrupt (Matt Levine/Bloomberg) 12-06-2023

Matt Levine / Bloomberg: By capitalizing on crypto lending services’ high interest rate promises, 3AC’s founders played the bubble perfectly, getting rich as 3AC’s lenders went bankrupt  —  Programming note: Money Stuff was supposed to be off today but I got bored so here you go.  —  What are the 3AC guys up to? Lees verder op Tech Meme

The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft's acquisition of Activision Blizzard (Jordan Novet/CNBC) 12-06-2023

Jordan Novet / CNBC: The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft’s acquisition of Activision Blizzard  —  – The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard. Lees verder op Tech Meme

Oracle reports Q4 revenue up 17% YoY to $13.84B, vs. $13.73B est., cloud services and license support revenues up 23% YoY to $9.4B, and net income up 4% YoY (Larry Dignan/Constellation Research) 12-06-2023

Larry Dignan / Constellation Research: Oracle reports Q4 revenue up 17% YoY to $13.84B, vs. $13.73B est., cloud services and license support revenues up 23% YoY to $9.4B, and net income up 4% YoY  —  Oracle’s infrastructure as a service business gained momentum in the fourth quarter courtesy of generative AI workloads, according to CTO Larry Ellison. Lees verder op Tech Meme