Tech Meme

Vlad Savov / Bloomberg: TechInsights teardown: Huawei’s Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro’s Kirin 9000s  —  – The Pura 70 relies on a 7nm chip similar to the Mate 60’s  — Washington has stepped up efforts to curb Chinese chipmaking Lees verder op Tech Meme

Financial Times: Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs  —  Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology Lees verder op Tech Meme

Camomile Shumba / CoinDesk: New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect  —  Law enforcement agencies will no longer need to wait for an arrest to seize crypto.  — New powers that will make it easier … Lees verder op Tech Meme

Ashley Capoot / CNBC: Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours  —  WATCH NOW  —  Snap stock soars following beat on revenue, earnings and daily active users  —  Snap reported first-quarter results … Lees verder op Tech Meme

Kif Leswing / CNBC: Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours  —  Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024. Lees verder op Tech Meme

Alphabet: Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours  —  Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2024. Lees verder op Tech Meme

Katie Robertson / New York Times: Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site  —  The satirical news website was bought by a new firm in Chicago that took inspiration for its name, Global Tetrahedron, from a book written by The Onion’s staff. Lees verder op Tech Meme

CoinDesk: Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product  —  By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker. Lees verder op Tech Meme

Chris Miller / Financial Times: The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia  —  More than halfway through its incentives spending, the US will have far greater scope to manage shocks Lees verder op Tech Meme

Jordan Novet / CNBC: Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY  —  WATCH NOW  —  Microsoft beats on top and bottom line, Azure continues to accelerate  —  Microsoft shares rose 5% in extended trading on Thursday … Lees verder op Tech Meme