Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow — - Revenue growth in the quarter was its slowest in a year — Tencent joins tech rivals in ramping up shareholder returns
Solana meme coin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have “burned” tokens set aside for an airdrop — “This is not a joke I really f****d up and im really sorry. Was a simple mindless misclick when I was in the process of burning the the lp," the developer said
A US judge rules Apple must face a class-action suit over AirTag stalking, as three plaintiffs made sufficient negligence and liability claims under CA law — - Judge says three plaintiffs made sufficient negligence claims — Apple had argued it couldn't be held responsible for misuse
An interview with Aaron Levie about Box's acquisition of Crooze, as Box embraces the content management industry's shift toward AI and workflow automation — It's part of a shift across the content management industry — Box began life almost 20 years ago in a dorm room at USC …
A look at issues and monetization options for Apple CarPlay; sources: Apple plans to produce 20M-25M units of the entry and mid-tier AirPods launching this fall — Apple's new CarPlay interface was originally designed to fend off Android, but now it's Apple's last hope to conquer the automotive industry.
How China's spending may swamp India's chip ambitions; TrendForce: China's share of global mature-node production will grow from 31% in 2023 to 39% in 2027 — India is making a play for the semiconductor space—but fallout from U.S.-China tensions and China's deep pockets could get in the way
Two of the UK's biggest supermarket chains, Tesco and Sainsbury's, were hit with technical issues on Saturday; Sainsbury's blames a software update — Two of the UK's biggest supermarket chains - Tesco and Sainsbury's - were hit with technical issues on Saturday.
Review of Lenovo ThinkPad X1 Fold 16: sets the bar for foldables with a large 4:3 display and seamless centerfold, but the trackpad is prone to missed inputs — Its beautiful 16-inch OLED display morphs into a 12-inch laptop, but do splurge for the ‘optional’ keyboard and folio.
Bain: Indian startups raised $9.6B in 2023, down from $25.7B in 2022; over 35K Indian startups shut down in 2023 and leading startups laid off 20,000+ employees — During 2023, growth and late-stage startups chose to defer fundraising, and investors took their foot off the gas pedal owing …
How evangelicals proselytize using Bless Every Home, an app that lets users create neighborhood maps and data tables based on people's religion and ethnicity — The future of proselytizing—and surveillance—has arrived. An app called Bless Every Home, which has been backed …
In one of the most notable developments under its new CEO Richard Teng, Binance spun out Binance Labs, its $10B venture capital arm, earlier this year — - Investment arm is now independent from the trading platform — Industry is monitoring for changes at Binance under CEO Teng
Sources: China quietly asks EV makers like BYD and Geely to sharply increase their purchases from local chipmakers, to reduce reliance on Western imports — - Directive could hurt Nvidia, NXP and other EV chip suppliers — Order is a response to US efforts to curb Chinese chip tech
Sarah Kessler / New York Times : US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; Com...
