Jay Goldberg / Digits to Dollars: Apple’s M3 series shows a return to simple, consumer-friendly marketing; producing three distinct M3 chips likely has to be close to $1B in tape-out costs  —  Earlier this week Apple unveiled the latest in its line of CPUs – the M3 family.  There has been a lot of CPU news in the past weeks … Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Palantir reports Q3 revenue up 17% YoY to $558M, a $72M net income, the fourth straight profitable quarter, and projects 2023 income above est.; PLTR jumps 12%+  —  – Customers have clamored for the company’s new AI offerings  — Palantir missed expectations on sales to governments Lees verder op Tech Meme

Lauren Feiner / CNBC: New York AG Letitia James says Uber and Lyft agree to pay a combined $328M to settle allegations of withholding wages from drivers and not providing sick pay  —  – Uber and Lyft agreed to pay a total of $328 million to settle allegations that they unlawfully withheld wages from drivers … Lees verder op Tech Meme

Niket Nishant / Reuters: PayPal says the company received an SEC subpoena tied to its US dollar stablecoin, launched in August 2023  —  Payments firm PayPal Holdings (PYPL.O) said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin. Lees verder op Tech Meme

Ilya Banares / Bloomberg: Shopify reports Q3 revenue up 25% YoY to $1.71B, beating $1.68B est., a $56.2B GMV, beating $54.42B est., and expects ~25% 2023 revenue growth; SHOP jumps 18%+  —  Revenue for the period came in at $1.71 billion, up about 25% year-over-year and beating the $1.68 billion average estimate of analysts surveyed by Bloomberg. Lees verder op Tech Meme