Saturday, September 2, 2023

Instacart's IPO filing suggests its Snowflake cloud spending will fall 71% in 2023, sparking an online spat between staffers of Snowflake and rival Databricks (Ari Levy/CNBC)

Ari Levy / CNBC:
Instacart's IPO filing suggests its Snowflake cloud spending will fall 71% in 2023, sparking an online spat between staffers of Snowflake and rival Databricks  —  - Instacart's long-awaited IPO prospectus last week turned controversial in a way the grocery-delivery company wasn't anticipating.



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China's smartphone shipments fell 4.3% YoY to 66M units in Q2, the fifth consecutive quarter of decline, amid a memory shortage; Huawei and Apple grew shipments (Kiranjeet Kaur/IDC)

Kiranjeet Kaur / IDC : China's smartphone shipments fell 4.3% YoY to 66M units in Q2, the fifth consecutive quarter of decline, amid ...