Microsoft, Amazon results to highlight softening cloud business

After years of blistering growth, most recently fuelled by remote working and studying during the pandemic, cloud demand has cooled in the past nine months and sales growth may slow further, analysts said. https://ift.tt/uQm2X4o

Apple in talks with Disney, others on VR content for new headset: Report

Developed with Sony Group Corp, the headset will have two ultra-high-resolution displays to handle the VR aspects and a collection of external cameras to enable an augmented reality "pass-through mode", the report said. https://ift.tt/D8NUf42

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 (AnnaMaria Andriotis/Wall Street Journal)

AnnaMaria Andriotis / Wall Street Journal:
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 (Tiffany Hsu/New York Times)

Tiffany Hsu / New York Times:
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 (Eva Mathews/Reuters)

Eva Mathews / Reuters:
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 …

Netflix’s password sharing to end soon, confirms company; here's what it didn't tell

It's official. Netflix to soon end password sharing. The company's new co-CEO Greg Peters recently said that the company plans to end password sharing before the end of March. Netflix said that it will start launching the account-sharing fees beyond its test countries before the end of March and that a full, global rollout will take a couple quarters. https://ift.tt/zTmKRic