Friday, November 25, 2022

Meituan reports Q3 revenue up 28.2% YoY to ~$8.7B and ~$170M in profit, as its "core local commerce" segment, including food delivery and hotels, rose 24.6% YoY (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Meituan reports Q3 revenue up 28.2% YoY to ~$8.7B and ~$170M in profit, as its “core local commerce” segment, including food delivery and hotels, rose 24.6% YoY  —  Meituan posted a 28% surge in revenue, affirming resilient demand in China for takeaway from people confined to home during the pandemic.



These premium Samsung, Xiaomi, OnePlus and other smartphones will be powered by the 'most powerful' Qualcomm processor

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London-based The Applied AI Company, which uses AI to automate repetitive work prone to human error in insurance, pharma, and other sectors, raised a $42M seed (Dan Taylor/Tech.eu)

Dan Taylor / Tech.eu:
London-based The Applied AI Company, which uses AI to automate repetitive work prone to human error in insurance, pharma, and other sectors, raised a $42M seed  —  Investors include Stefan von Liechtenstein, Garry Kasparov, Dennis Mahoney, Valnon Holding, Freud Holdings, HCS GmbH …



Musk says Twitter will start manually authenticating accounts starting next week, with blue check marks for people, gold for companies, and gray for governments (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge:
Musk says Twitter will start manually authenticating accounts starting next week, with blue check marks for people, gold for companies, and gray for governments  —  Elon Musk says that Twitter's check mark program could return on Friday, December 2nd, with a new procedure to verify individual identities …



Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...