Texas Instruments reports Q4 revenue down 3.4% YoY to $4.67B, breaking a run of double-digit growth since 2020, and issues tepid Q1 guidance below estimates — Texas Instruments Inc., one of the world's largest chipmakers, suffered its first sales decline since 2020 and gave a tepid forecast …
UK-based enterprise VR training startup Gemba, used by Coca-Cola, Pfizer, and more, raised an $18M Series A led by Parkway; courses can cost ~$7,250 per person — Gemba, an enterprise-focused virtual reality (VR) training startup used by some of the world's biggest companies, has raised $18 million in a Series A round of funding.
Dutch chip equipment maker ASML reports Q4 sales up 29% YoY to €6.4B, 2022 net sales up 13% YoY to €21.1B, and forecasts 25% revenue growth in 2023 — - Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue. — ASML CEO Wennink said China accounted for around 15% …
After unofficial walkouts in 2022, hundreds of Amazon workers in a UK warehouse are striking, an unprecedented step by UK workers, after 98% voted in favor — Hundreds of Amazon.com Inc. fulfillment center workers in the UK plan to strike on Wednesday as part of unprecedented industrial action by the company's British employees.
Sources: Marc Benioff's controversial acquisitions, focus on growth over profits, celebrity relationships, and philanthropic pursuits have vexed shareholders — Marc Benioff helped build the software group into a Silicon Valley giant, but shareholders are agitating for change
Sources: increased SEC scrutiny of Circle, eToro, Galaxy Digital, and other crypto companies have blocked them from going public in the US over the past year — Companies including Circle Internet Financial and eToro have failed to secure the regulator's approval — Crypto's Crash Has Been Swift but Largely Self-Contained.
A look at Sam Bankman-Fried's $400M investment in obscure hedge fund Modulo, shortly before FTX collapsed; Modulo's executives had close ties to SBF and FTX — After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder's huge investment in Modulo Capital.
Binance acknowledges mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for around 47 coins are in one wallet — Binance Holdings Ltd., the world's largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens …
A manager at Activision Blizzard's Blizzard unit, who oversaw World of Warcraft Classic, departs after internally criticizing the company's stack ranking system — A manager at video game developer Blizzard Entertainment said he was ousted after refusing to give a low evaluation to an employee …
Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023 — Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout — Big banks are teaming …
As China introduces rules to combat deepfakes, authorities around the world have approved few regulations, often because of free speech concerns — Few governments have approved regulations, often because of free-speech concerns. New mandates from China could change the tone of the debate on digital forgeries.
Spotify plans to lay off ~6% of its workforce, or roughly 600 jobs, says content head Dawn Ostroff will leave, and reorganizes engineering and product groups — Music streaming firm Spotify plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs …
Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...
