Tech Meme

Cagan Koc / Bloomberg: Adyen’s stock jumps 30%+, adding €6.6B to its market cap, after executives met investors to ease concerns over the Amsterdam-based payment giant’s trajectory  —  – Dutch payments firm specifies three-year expectations  — Stock had plunged in August after disclosing revenue slowdown Lees verder op Tech Meme

Joe Brennan / The Irish Times: A key advisor to the CJEU recommends setting aside a 2020 EU ruling that said Apple did not owe Ireland €13B+ in back taxes, a major blow to Apple and Ireland  —  Opinion of key advisor to European Court of Justice (ECJ) comes months ahead of final ruling on world’s biggest antitrust case Lees verder op Tech Meme

Andy Greenberg / Wired: Mandiant: Russia-tied Sandworm carried out a third successful attack on Ukraine’s electric utility in October 2022, coinciding with a series of missile strikes  —  Russia’s most notorious military hackers successfully sabotaged Ukraine’s power grid for the third time last year. Lees verder op Tech Meme

Cagan Koc / Bloomberg: Adyen’s stock jumps 30%+, adding €6.6B to its market cap, after executives met investors to ease concerns over the Amsterdam-based payment giant’s trajectory  —  – Dutch payments firm specifies three-year expectations  — Stock had plunged in August after disclosing revenue slowdown Lees verder op Tech Meme

Joe Brennan / The Irish Times: A key advisor to the CJEU recommends setting aside a 2020 EU ruling that said Apple did not owe Ireland €13B+ in back taxes, a major blow to Apple and Ireland  —  Opinion of key advisor to European Court of Justice (ECJ) comes months ahead of final ruling on world’s biggest antitrust case Lees verder op Tech Meme

Debby Wu / Bloomberg: Chinese state-affiliated outlet Chinastarmarket says Nvidia plans to release three new H100-based AI chips in the country in the coming days, after US sanctions  —  – US is further limiting China’s access to advanced silicon  — Nvidia’s gaming graphic card is also affected by new US rules Lees verder op Tech Meme

Drew Harwell / Washington Post: Inside Bryce Adams and Brian Adam’s OnlyFans empire, run from a $2.5M Florida compound: $10M in annual revenue and a $1M+ payroll; Adams’ OF has $16.5M in sales  —  SOMEWHERE IN FLORIDA — In the mornings, the workers of Bryce Adams’s OnlyFans empire buzz in through a camera-wired security gate … Lees verder op Tech Meme

Wall Street Journal: US v. Google exposes Google’s deepening rift with Microsoft, despite Satya Nadella’s early attempts to make nice; four Microsoft witnesses have testified  —  Search and software titans trade accusations as memory of detente fades  —  Satya Nadella wanted to make nice with longtime rival Google … Lees verder op Tech Meme

Bloomberg: SMIC reports Q3 revenue down 15% YoY to $1.62B, missing $1.64B est., and net income down 80% YoY to $94M, missing $178.1M est., despite Huawei’s Mate 60 Pro  —  The Shanghai company reported a 15% fall in revenue to $1.62 billion, versus an average projection for $1.64 billion. Lees verder op Tech Meme

Suvashree Ghosh / Bloomberg: Yuga Labs says UV lights were the likely cause of eye and skin issues experienced by some attendees of ApeFest, hosted in Hong Kong from November 3 to 5  —  The probe was undertaken in collaboration with Jack Morton Worldwide, the company that produced the event, Bored Ape Yacht Club or BAYC … Lees verder op Tech Meme