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Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit (Preetika Rana/Wall Street Journal) 01-08-2023

Preetika Rana / Wall Street Journal: Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted … Lees verder op Tech Meme

After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B (Bloomberg) 01-08-2023

Bloomberg: After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B  —  – Curve’s native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform’s woes Lees verder op Tech Meme

Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote (Jeremy Hill/Bloomberg) 01-08-2023

Jeremy Hill / Bloomberg: Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote  —  – Customer claims to be valued in US dollars as of bankruptcy  — Company hasn’t ruled out rebooting offshore exchange Lees verder op Tech Meme

The UK CMA reopens its consultation on Microsoft's Activision deal, an unusual move that could lead to a reversal of the decision to block the deal (Cristina Criddle/Financial Times) 01-08-2023

Cristina Criddle / Financial Times: The UK CMA reopens its consultation on Microsoft’s Activision deal, an unusual move that could lead to a reversal of the decision to block the deal  —  CMA invites responses to tech giant’s new arguments in rare move that could pave way for $75bn takeover to close Lees verder op Tech Meme

Rapyd, which offers payment APIs, plans to acquire Prosus' payments unit PayU for $610M, excluding its operations in India, Turkey, and Southeast Asia (Ingrid Lunden/TechCrunch) 01-08-2023

Ingrid Lunden / TechCrunch: Rapyd, which offers payment APIs, plans to acquire Prosus’ payments unit PayU for $610M, excluding its operations in India, Turkey, and Southeast Asia  —  Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services … Lees verder op Tech Meme

Binance announces an exchange in Japan that complies with local rules and offers 34 tokens, open for applications in mid-August before a December 1 launch (Bloomberg) 01-08-2023

Bloomberg: Binance announces an exchange in Japan that complies with local rules and offers 34 tokens, open for applications in mid-August before a December 1 launch  —  – Local platform is intended to fully comply with Japanese rules  — Binance facing regulatory pressure in other parts of the world Lees verder op Tech Meme

Sources: Nvidia asks some cloud provider startups for their customers' names; the company also ensures some upstart cloud providers get early new chip shipments (Anissa Gardizy/The Information) 31-07-2023

Anissa Gardizy / The Information: Sources: Nvidia asks some cloud provider startups for their customers’ names; the company also ensures some upstart cloud providers get early new chip shipments  —  Nvidia plays favorites with its newest, much-sought-after chips for artificial intelligence, steering them to small cloud providers … Lees verder op Tech Meme