Reuters: Microsoft’s Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year — Microsoft (MSFT.O) topped quarterly revenue expectations on Wednesday on strong Azure cloud-computing growth … Lees verder op Tech Meme
Lucas Ropek / Gizmodo: Marc Andreessen says VC may be one of the last fields safe from AI after it replaces most workers, as it requires “intangible” skills like psychological insight — In the future, AI will apparently be able to do everybody’s job—except Marc’s. — Egg-headed venture capitalist … Lees verder op Tech Meme
Mary Ann Azevedo / TechCrunch: Nuvo, a B2B startup that scales trade partnerships by streamlining credit approvals and more, raised a $34M Series A from Sequoia Capital and Spark Capital — Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses … Lees verder op Tech Meme
Liz Napolitano / Decrypt: Galaxy Digital plans to list on the Nasdaq Global Select Market on May 16; it will still have shares listed on the Toronto Stock Exchange for some time — The listing, which will tentatively go live on May 16, could increase Galaxy Digital’s access to capital from U.S. investors. — In brief Lees verder op Tech Meme
Sriparna Roy / Reuters: Amazon says it will spend $4B+ to expand its US rural delivery network by the end of 2026, growing the network to 200+ delivery stations and creating 100K jobs — Amazon (AMZN.O) said on Wednesday it is investing over $4 billion by the end of 2026 to expand its delivery network … Lees verder op Tech Meme
Microsoft: Microsoft reports Q3 revenue up 13% YoY to $70.1B, Microsoft 365 Commercial products and cloud services revenue up 11% YoY, and net income up 18% YoY to $25.8B — Microsoft Cloud and AI Strength Drives Third Quarter Results — REDMOND, Wash. — April 30, 2025 — Microsoft Corp. today announced … Lees verder op Tech Meme
Bloomberg Tax: Sources: Ripple has proposed a takeover of Circle for $4B to $5B, a bid that was rejected as too low; Ripple remains interested in Circle — Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low … Lees verder op Tech Meme
Jordan Novet / CNBC: Microsoft Q3: Intelligent Cloud revenue up 21% YoY to $26.75B, vs. $26.16B est., Azure and other cloud services up 33%, above est.; MSFT jumps 5%+ after hours — Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results driven by its Azure cloud business. Lees verder op Tech Meme
Meta: Meta reports Q1 revenue up 16% YoY to $42.3B, net income up 35% YoY to $16.6B, and family daily active people up 6% YoY to 3.43B on average for March 2025 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025. Lees verder op Tech Meme
Tom Warren / The Verge: Microsoft Q3: Windows OEM and Devices revenue up 3% YoY, gaming revenue up 5%, Xbox hardware revenue down 6%, and Xbox content and services revenue up 8% — Cloud growth has helped push Microsoft earnings past Wall Street estimates. … Microsoft just posted the third quarter of its 2025 fiscal financial results. Lees verder op Tech Meme