Chloe Cornish / Financial Times: Omdia predicts India to be the fastest growing digital economy between now and 2027, with a 9.6% compound annual growth rate, driven by digital ad growth  —  US tech companies YouTube and Meta can expect to achieve rapid growth in video revenues, say analysts Lees verder op Tech Meme

Josh Ye / Reuters: Sources: ByteDance’s VR unit Pico plans to cut “hundreds” of jobs and undertake its biggest overhaul since its 2021 acquisition, as global headset demand lags  —  ByteDance’s virtual reality (VR) arm Pico will cut jobs and undertake its biggest overhaul since it was acquired … Lees verder op Tech Meme

Arjun Kharpal / CNBC: Nintendo reports Q2 revenue down 4% YoY to ~$2.2B and profit down 19% YoY to ~$603M, both above est.; Switch sales in April to September rose 2.4% YoY to 6.84M  —  – Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday as it continues to get a bump from the … Lees verder op Tech Meme

Jay Peters / The Verge: An interview with Blizzard President Mike Ybarra about the studio’s future under Microsoft, the idea of releasing a game without live components, and more  —  Mike Ybarra is confident about the studio’s future. … The dust is finally starting to settle from Microsoft’s huge acquisition … Lees verder op Tech Meme

Francesco Guarascio / Reuters: Sources: Intel scrapped a planned Vietnam investment in July 2023 that could have nearly doubled its operations, citing power supply and bureaucracy concerns  —  Intel (INTC.O) has shelved a planned investment in Vietnam that could have nearly doubled the U.S. chipmaker’s operation there … Lees verder op Tech Meme

Chavi Mehta / Reuters: NXP Semiconductors reports Q3 revenue down 0.3% YoY to $3.43B, beating $3.4B est., and forecasts strong Q4 profit due to strong automotive and industrial demand  —  Chipmaker NXP Semiconductors (NXPI.O) forecast fourth-quarter profit above Wall Street targets on Monday … Lees verder op Tech Meme