Tech Meme

Heather Somerville / Wall Street Journal: Chinese lidar maker Hesai, which had a $192M US IPO in February 2023 and whose stock is down 55%+, pushes back against US national security and privacy concerns  —  Chinese lidar maker Hesai is fighting concerns about the technology that is crucial for next-generation vehicles and weapons Lees verder op Tech Meme

Wall Street Journal: Sources: WeWork plans to file for Chapter 11 bankruptcy as early as next week  —  Once a venture capital-backed star with an astronomical valuation, the flexible-office-space provider is now preparing for chapter 11 protection  —  WeWork is planning to file for bankruptcy as early as next week … Lees verder op Tech Meme

Sarah Perez / TechCrunch: Google and Match Group say they’ve reached a settlement in an app store antitrust case, letting Match implement third-party billing options by March 31, 2024  —  Google and Match announced today they’ve reached a settlement in the antitrust battle Match waged against the tech giant … Lees verder op Tech Meme

Emma Roth / The Verge: YouTube says it “launched a global effort” to encourage users with ad blockers to allow ads or try YouTube Premium, after a “small experiment” earlier this year  —  YouTube is broadening its efforts to crack down on ad blockers.  The platform has “launched a global effort” … Lees verder op Tech Meme

Yuvraj Malik / Reuters: Match Group reports Q3 revenue up 9% YoY to $882M, vs. $880.6M est., paying users down 5% YoY to 15.7M, and forecasts Q4 revenue below estimates; MTCH drops 7%+  —  Match Group (MTCH.O) on Tuesday forecast revenue for the fourth quarter below Wall Street estimates, anticipating continued weakness … Lees verder op Tech Meme

Chavi Mehta / Reuters: AMD Q3: revenue up 4% YoY to $5.8B, vs. $5.7B est., net income up 353% YoY to $299M, Data Center revenue flat at $1.6B, and Q4 revenue forecast below estimates  —  Chip designer Advanced Micro Devices (AMD.O) forecast fourth-quarter revenue below Wall Street estimates on Tuesday … Lees verder op Tech Meme

Samuel Stolton / Bloomberg: Doc: a Dutch regulator ruled in July that Apple’s fees on some app subscriptions violate EU antitrust laws, after Apple offered to drop its cut from 30% to 27%  —  – Watchdog issued confidential July decision on App Store abuses  — Regulator previously warned Apple over in-app payment rules Lees verder op Tech Meme

Tom Warren / The Verge: Microsoft debuts a Windows 11 2023 Update that replaces Chat with Microsoft Teams (Free); big features like Copilot and AI-powered Paint rolled out last month  —  Microsoft is releasing its Windows 11 2023 Update today, which was originally supposed to be one of the biggest updates to Windows 11. Lees verder op Tech Meme

Heather Somerville / Wall Street Journal: Chinese lidar maker Hesai, which had a $192M US IPO in February 2023 and has seen its stock drop 50%+, pushes back against US national security concerns  —  Chinese lidar maker Hesai is fighting concerns about the technology that is crucial for next-generation vehicles and weapons Lees verder op Tech Meme

Reuters: Tesla wins its first US trial over allegations that Autopilot led to a death, in a jury trial in a California court, but faces more lawsuits and investigations  —  Tesla (TSLA.O) on Tuesday won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death … Lees verder op Tech Meme