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STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes (Nathan Vifflin/Reuters) 24-04-2025

Nathan Vifflin / Reuters: STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes  —  STMicroelectronics (STMPA.PA) forecast improving sales for the second quarter on Thursday after its first-quarter result … Lees verder op Tech Meme

Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M (Ryan Browne/CNBC) 24-04-2025

Ryan Browne / CNBC: Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M  —  LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time … Lees verder op Tech Meme

Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025 (Naomi Nix/Washington Post) 24-04-2025

Naomi Nix / Washington Post: Meta’s Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025  —  Meta’s top public policy officials issued an unexpected warning last year to the company’s Oversight Board: Two upcoming cases … Lees verder op Tech Meme

İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol (Sarah Perez/TechCrunch) 24-04-2025

Sarah Perez / TechCrunch: İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government’s request; the accounts are available on third-party apps using the AT Protocol  —  Government censorship has found its way to Bluesky, but there’s currently a loophole thanks to how the social network is structured. Lees verder op Tech Meme

Q&A with Margaret Mitchell, an AI ethics researcher at Hugging Face, on the SHADES dataset, designed to test AI models for bias in languages beyond English (Reece Rogers/Wired) 24-04-2025

Reece Rogers / Wired: Q&A with Margaret Mitchell, an AI ethics researcher at Hugging Face, on the SHADES dataset, designed to test AI models for bias in languages beyond English  —  Margaret Mitchell, an AI ethics researcher at Hugging Face, tells WIRED about a new dataset designed to test AI models for bias in multiple languages. Lees verder op Tech Meme

A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M (Bloomberg) 24-04-2025

Bloomberg: A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M  —  Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling. Lees verder op Tech Meme