Reuters:
Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss in Q3 2022, and plans to buy back $1B in shares over the next 24 months — Didi Global, China's largest ride-hailing company, on Monday reported its first quarterly profit since 2021 …
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Monday, November 13, 2023
Didi reports Q3 revenue up 25% YoY to ~$7B, a ~$14.7M net income, up from a ~$274M loss in Q3 2022, and plans to buy back $1B in shares over the next 24 months (Reuters)
Q&A with Microsoft EVP of Business Development Chris Young on the AI hype, Microsoft making a business out of AI, the non-tech early adopters of AI, and more (Tom Dotan/Wall Street Journal)
Tom Dotan / Wall Street Journal:
Q&A with Microsoft EVP of Business Development Chris Young on the AI hype, Microsoft making a business out of AI, the non-tech early adopters of AI, and more — Top strategy executive views nontech customers as artificial intelligence's big untapped market
Sunday, November 12, 2023
Investigation: Biobank, the UK's biomedical research database, shared sensitive health data of ~500K volunteers with insurance companies despite pledging not to (Shanti Das/The Guardian)
Shanti Das / The Guardian:
Investigation: Biobank, the UK's biomedical research database, shared sensitive health data of ~500K volunteers with insurance companies despite pledging not to — Observer investigation reveals UK Biobank opened its biomedical database to insurance firms despite pledge it would not do so
Esports leaders discuss ongoing industry challenges, including VC bubbles, layoffs, and ageism, and call for wealthy game studios to take on more responsibility (Kate Irwin/Decrypt)
Kate Irwin / Decrypt:
Esports leaders discuss ongoing industry challenges, including VC bubbles, layoffs, and ageism, and call for wealthy game studios to take on more responsibility — Decrypt's investigation reveals ongoing challenges in the young esports industry—including VC bubbles, layoffs, and ageism—and where it's going.
Netflix is adding these games for mobile devices
Foxconn launches two prototype low-Earth orbit communication satellites on a SpaceX rocket, as the company diversifies into new sectors with greater urgency (Bloomberg)
Bloomberg:
Foxconn launches two prototype low-Earth orbit communication satellites on a SpaceX rocket, as the company diversifies into new sectors with greater urgency — - Taiwan's Foxconn wants to replicate outsourcing model in orbit — Company launches first two LEO satellites on a SpaceX rocket
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...