Tech Meme

Miles Kruppa / Wall Street Journal: Email: Google is eliminating its goal of hiring more employees from historically underrepresented groups and reviewing some DEI programs  —  Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley Lees verder op Tech Meme

Kif Leswing / CNBC: Qualcomm reports Q1 revenue up 17% YoY to $11.67B, vs. $10.93B est., handsets revenue up 13% to $7.57B, net income up 15% to $3.18B, issues a strong Q2 guidance  —  Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Lees verder op Tech Meme

Bloomberg: Sources: SoftBank is in advanced talks to acquire Ampere in a deal that could value the Oracle-backed chip designer at about $6.5B, including debt  —  – Deal could value Oracle-backed Ampere at about $6.5 billion  — Chip companies looking to capitalize on AI spending boom Lees verder op Tech Meme

Wall Street Journal: Sources: banks sold $5.5B in debt borrowed by X at $0.97 on the dollar, following strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar  —  X CEO tells investors that the financial health of social-media company is improving  —  Elon Musk’s power in Washington … Lees verder op Tech Meme

Greg Bensinger / Reuters: Amazon announces an event on February 26 in New York where, according to sources, the company will preview its long-delayed Alexa generative AI revamp  —  Amazon (AMZN.O) is set to release its long-awaited – and delayed – Alexa generative artificial intelligence voice service … Lees verder op Tech Meme

Jason Shubnell / The Block: MicroStrategy announces a new name, Strategy, a new logo with a stylized “B”, signifying its bitcoin strategy, and orange as the brand’s primary color  —  – The brand’s primary color is now orange, which it says represents energy, intelligence and Bitcoin. Lees verder op Tech Meme

Brody Ford / Bloomberg: Workday is cutting about 1,750 workers, or 8.5% of its workforce, as it plans to hire in areas such as AI and take on more people overseas; WDAY jumps 5%+  —  – Figure represents roughly 8.5% of company’s workforce  — Salesforce, Amazon, Microsoft recently cut personnel Lees verder op Tech Meme

Gartner: Global semiconductor revenue rose 18.1% YoY to ~$626B in 2024, led by Samsung, which regained the top spot, Intel, and Nvidia, and is set to reach $705B in 2025  —  Overview  — Samsung Electronics Regained No. 1 Spot from Intel and Nvidia Climbed to 3rd Place Lees verder op Tech Meme

Jess Weatherbed / The Verge: Google releases Gemini 2.0 Flash via its API, an experimental Gemini 2.0 Pro version via its apps, Gemini 2.0 Flash Thinking, and 2.0 Flash-Lite in AI Studio  —  The experimental Flash Thinking update for desktop and mobile coincides with other Gemini 2.0 model announcements. Lees verder op Tech Meme

Chainalysis: In 2024, ransomware attackers received ~$813.55M in payments from victims, down 35% on 2023’s record $1.25B, as more victims refused to pay  —  The ransomware landscape experienced significant changes in 2024, with cryptocurrency continuing to play a central role in extortion. Lees verder op Tech Meme