Tech Meme

Jessica Bursztynsky / Fast Company: DoorDash reports Q3 revenue up 27% YoY to $2.16B, vs. $2.09B est., total orders up 24% YoY to 543M, net loss of $75M, down from $296M in Q3 2022, DASH jumps 7%+  —  DoorDash reported its “best quarter ever” since its IPO in a number of key categories on Wednesday, which it says was driven partly … Lees verder op Tech Meme

Kif Leswing / CNBC: Qualcomm Q4: adjusted revenue down 24% YoY to $8.67B, vs. $8.51B est., handset chip sales down 27% YoY to $5.46B, vs. $5.34B est., and a strong Q1 2024 forecast  —  – Qualcomm reported fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year declines … Lees verder op Tech Meme

Ron Miller / TechCrunch: Snowflake announces Snowflake Cortex, a fully managed service designed to help business users and developers work with AI-fueled apps on its Data Cloud platform  —  Companies use Snowflake to store their data in the cloud.  With the ever growing interest in generative AI and large language models … Lees verder op Tech Meme

Worldcoin: Worldcoin’s Tools for Humanity says its World App wallet has crossed 4M+ downloads, 100K+ DAUs, 1M+ MAUs, and 22M transactions since its launch in May 2023  —  World App: Designed for simplicity and inclusivity … *Eligibility for Worldcoin (WLD) tokens is restricted based on geography, age, and other factors. Lees verder op Tech Meme

Wall Street Journal: Sources: Binance plans to end its partnership with payments firm Advcash that let customers move funds held at sanctioned Russian banks to the crypto exchange  —  Binance plans to shut down a partnership with a payments firm that allowed customers to move funds held at sanctioned Russian banks … Lees verder op Tech Meme

RT Watson / The Block: Coinbase announces that eligible US retail customers can now access bitcoin and ether futures contracts through Coinbase Financial Markets  —  – Coinbase’s service offering crypto futures trading to eligible retail U.S. customers is now active and includes “nano” bitcoin contracts. Lees verder op Tech Meme

CoinDesk: The US SEC charges SafeMoon and its exec team for selling unregistered crypto securities and misappropriating investors’ funds the team had said were “locked”  —  SafeMoon’s CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars … Lees verder op Tech Meme

Sam Tobin / Reuters: Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless”  —  Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries … Lees verder op Tech Meme

Counterpoint Research: Apple shipped 2.5M iPhones in India in Q3 2023, its highest for a quarter; Samsung kept its lead with a 17.2% share, followed by Xiaomi’s 16.6% and Vivo’s 15.9%  —  – With a 17.2% share, Samsung remained the market leader for the fourth consecutive quarter. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple plans new health features for 2024’s Apple Watch, like an elevated blood pressure sensor, and a paid health coaching service, possibly using AI  —  – AirPods will get hearing-aid capability and hearing tests  — AI health coach in the works, as are Vision Pro health tools Lees verder op Tech Meme