Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates, and forecasts slumping consumer electronics demand in 2023 (Debby Wu/Bloomberg)

Debby Wu / Bloomberg:
Foxconn reports Q4 revenue down 10% YoY to ~$64.5B and $1.3B net income, slightly below estimates, and forecasts slumping consumer electronics demand in 2023  —  Hon Hai Precision Industry Co. reported profit that fell just shy of expectations and offered a cautious outlook for this year.

No 'security testing' or 'crackdown' plans for smartphone makers: Government

The government on Wednesday said there are no plans for security testing for smartphones or crackdown on pre-installed applications, as the sole emphasis is on ease of doing business and boost local electronics manufacturing. https://ift.tt/aE9k83g

How one of the biggest worry of laid off H-1B workers may be over

A presidential advisory sub-committee has recommended the federal government to extend the grace period for H1-B workers, who have lost their jobs, from the existing 60 days to 180 days so that the workers have enough opportunities to find a new job or other alternatives. "The immigration subcommittee recommends the Department of Homeland Security and the US Citizenship and Immigration Services (USCIS) to extend the grace period for H1-B workers, who have lost their jobs, from 60 days to 180 days," Ajay Jain Bhutoria, member of the President's Advisory Commission on Asian Americans, Native Hawaiians, and Pacific Islanders, said on Tuesday. https://ift.tt/Szq25y4

Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021 (Reuters)

Reuters:
Blackstone plans to acquire event management software maker Cvent for $4.6B, or $8.50 per share; Cvent went public via SPAC at a $5.3B valuation in July 2021  —  Buyout firm Blackstone Inc (BX.N) agreed to purchase U.S. software provider Cvent Holding Corp (CVT.O) in a deal valued at $4.6 billion …

Google Meet video zoom-in issue: Here’s how you can fix it

Google Meet is a video conferencing platform that allows users to join or schedule meetings with others. Zoomed-in video frame issue is a problem that usually occurs when joining a meeting and makes your camera zoom in abruptly. https://ift.tt/Qcs43MA

Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD (Bloomberg)

Bloomberg:
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD  —  US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …