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DCG reports $719M in revenue and a $1.1B loss in 2022 as the conglomerate faced plunging crypto prices and the restructuring of its Genesis lending platform (Ian Allison/CoinDesk) 28-02-2023

Ian Allison / CoinDesk: DCG reports $719M in revenue and a $1.1B loss in 2022 as the conglomerate faced plunging crypto prices and the restructuring of its Genesis lending platform  —  DCG held cash and cash equivalents of just $262 million at the end of 2022, while investment assets amounted to $670 million. Lees verder op Tech Meme

The White House plans to require companies seeking CHIPS Act subsidies to limit stock buybacks and share a portion of unanticipated profits with the government (New York Times) 28-02-2023

New York Times: The White House plans to require companies seeking CHIPS Act subsidies to limit stock buybacks and share a portion of unanticipated profits with the government  —  In return for vast subsidies, the Biden administration is asking the chip industry to make promises about its workers and finances. Lees verder op Tech Meme

Sources: the EU narrows its long-running Apple antitrust investigation, focusing on preventing apps from telling customers about other subscription options (Javier Espinoza/Financial Times) 28-02-2023

Javier Espinoza / Financial Times: Sources: the EU narrows its long-running Apple antitrust investigation, focusing on preventing apps from telling customers about other subscription options  —  Antitrust investigation looks at how tech giant deals with subscription information from streaming services such as Spotify Lees verder op Tech Meme

Amazon announces “regular, free” updates for the Kindle Scribe, starting with new brush types and organization tools, to address the device's mediocre software (Andrew Cunningham/Ars Technica) 28-02-2023

Andrew Cunningham / Ars Technica: Amazon announces “regular, free” updates for the Kindle Scribe, starting with new brush types and organization tools, to address the device’s mediocre software  —  Amazon hasn’t said exactly what it plans, but the first new updates drop today.  —  Update, 5:28pm … Lees verder op Tech Meme

Microsoft expands PC Game Pass to 40 new countries, including in Latin America, the Middle East, and Eastern Europe, taking its total to 86 (Bloomberg) 28-02-2023

Bloomberg: Microsoft expands PC Game Pass to 40 new countries, including in Latin America, the Middle East, and Eastern Europe, taking its total to 86  —  The Xbox console has been the key to Microsoft Corp.’s clout in the gaming industry since its release more than two decades ago. Lees verder op Tech Meme

Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles (Financial Times) 28-02-2023

Financial Times: Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles  —  Swedish fintech says it is on track to return to profit this year  —  Klarna has plunged to the biggest annual loss in its history … Lees verder op Tech Meme

Reddit adds the ability to search comments on posts from the search bar, available on desktop, iOS, and Android (Jay Peters/The Verge) 28-02-2023

Jay Peters / The Verge: Reddit adds the ability to search comments on posts from the search bar, available on desktop, iOS, and Android  —  Reddit is adding the ability to search for comments within a specific post right from the search bar.  The new feature seems pretty handy, as it should make it much easier … Lees verder op Tech Meme

Best Wine Club for 2023 – CNET 28-02-2023

  • Cnet

Wine subscriptions are a great way to taste different kinds of vino from all over the world without having to leave your house. Find the wine club that’s best for you.Lees verder op Cnet