Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. — Baidu Inc.'s revenue grew at the slowest pace in more than a year, as China's flagging economy put pressure on its core advertising business.
Ubisoft falls ~15% after warning that Q1 net bookings will be ~€275M, below €376M est., and reporting a €401M adjusted operating income in FY 2024 — Ubisoft Entertainment SA shares fell the most in 16 months on Thursday after the French video game publisher warned bookings …
Apple letting the new iPad Pro run macOS would require major tradeoffs and adding touch to Mac would lead to “a lot of flakey software that doesn't really work” — It is not unusual for customers to want the best of all worlds. It is why Detroit invented convertibles and el caminos. But the idea of a “dual boot” device is just nuts. It is guaranteed the only reality is it is running the wrong OS all the time for whatever you want to do....
TSMC SVP Kevin Zhang says ASML's new machines, which cost €350M each, are too expensive, and the A16 node, due in late 2026, won't need to use the new machines — “The cost is very high,” TSMC Senior Vice President Kevin Zhang said at a technology symposium in Amsterdam on Tuesday …
Source: at a private event, Google demonstrated a Chromium OS build running in a virtual machine on a Pixel 8, but did not say if this build would ever ship — Google privately demoed this capability to other companies recently. — • — TL;DR — Google has developed a method to run Chrome OS on its Pixel devices.
Intel announces another Foundry leadership change, naming Marvell executive Kevin O'Buckley as SVP, replacing longtime executive Stu Pann, in the role a year — O'Buckley was named senior vice president and general manager of foundry services, the unit tasked with manufacturing chips for outside clients.
The US, the EU, and other superpowers have funneled nearly $81B towards supporting chip companies, the first wave of ~$380B earmarked by global governments — US and allies vie with China for superconductor supremacy, powered by wave of domestic investment
How GPS warfare is affecting civilian populations; an analysis finds ~40M people lived in areas with unreliable GPS for at least half of the past six months — Military activity blamed for surge in jamming and spoofing incidents affecting smartphones, planes and ships
Following attempts to malign Signal as insecure by Telegram's CEO and Elon Musk, a look at why Signal is widely regarded by experts as more secure than Telegram — Telegram has launched a pretty intense campaign to malign Signal as insecure, with assistance from Elon Musk. The goal seems to be to get activists to switch away from encrypted Signal to mostly-unencrypted Telegram. I want to talk about this a bit. 1/
A look at professor-led crypto projects EigenLayer and Babylon, which seek to generate yield from cryptocurrencies, as “professor coins” spur investor interest — - EigenLayer, Babylon restaking efforts spurs investor interest — Both projects seek to generate yield from cryptocurrencies
A look at the potential successors to Apple's top executives across all of the company's major divisions — Apple's management team is made up of longtime executives nearing the end of their tenures. That means a broad shake-up is increasingly likely.
Q&A with Oracle CEO Safra Catz on generative AI's risks and impact, providing cloud infrastructure to TikTok, the importance of workplace diversity, and more — In interview, top executive highlights AI's potential and importance of diversity — Oracle CEO Safra Catz (Photo obtained by Nikkei)
What to expect at Google I/O 2024: Android 15 updates, more generative AI features for Google's apps, a new Gemini-powered “Pixie” digital assistant, and more — Google is preparing to hold its annual Google I/O developer conference next week, and naturally, it will be all about AI.
Q&A with Linda Moore, the CEO of TechNet, which represents OpenAI, Apple, and others, about the 400+ AI bills proposed across the US, tech backlash, and more — The Scene — While Congress is talking a lot about artificial intelligence but doing little to regulate it …
Ofcom's draft Children's Safety Code of Practice's emphasis on kids choosing protective tools rather than safety by design and default is not ambitious enough — Tech companies have been wilfully ignoring the protection of the young for decades — The writer is a crossbench peer and expert on digital regulation
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
