Jonathan Stempel / Reuters: A US court rules former Celsius CEO Alex Mashinsky must face a lawsuit by NY AG Letitia James accusing him of defrauding investors and concealing Celsius’ risks  —  Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit … Lees verder op Tech Meme

The Economic Times: Zomato reports Q1 revenue up 71% YoY to ~$292.2M and its first-ever consolidated quarterly net profit at ~$241.9K, vs. a loss of ~$2.34M in the year-ago quarter  —  On August 3, Zomato reported its first-ever consolidated quarterly net profit at Rs 2 crore, on the back of higher order frequency … Lees verder op Tech Meme

Richard Lawler / The Verge: X delays its ads revenue sharing program payouts that were set for the week of July 31, saying the volume of people signing up “has exceeded our expectations”  —  In news that isn’t very surprising given the recent history of Twitter, which Elon Musk is currently rebranding to X … Lees verder op Tech Meme

Michael Kan / PCMag: X took control of the @music account from a man who had been using it since 2007, without advanced warning or compensation; his new account handle is @musicfan  —  After seizing the @X account, Twitter has taken over the @music handle from an Ohio man who had been using it for over 16 years. Lees verder op Tech Meme

Harmeet Singh Walia / Counterpoint Research: Global smartphone revenue fell 8% YoY and 15% QoQ to under $90B in Q2 2023; Apple had a record 45% share of global smartphone revenue and an 85% share of profit  —  – Apple led global smartphone revenues and operating profit with record June-quarter shares of 45% and 85% respectively. Lees verder op Tech Meme

Jonathan Greig / The Record: Microsoft says it has fixed an Azure flaw that could let hackers access sensitive data, following criticism from the CEO of cybersecurity company Tenable  —  Microsoft has resolved a vulnerability that allows threat actors to gain access to information managed by Azure AD … Lees verder op Tech Meme