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Emails: X offers discounts on new video ads in the US and UK and warns advertisers that they will lose verified status unless they reach spending thresholds (Wall Street Journal) 26-07-2023

Wall Street Journal: Emails: X offers discounts on new video ads in the US and UK and warns advertisers that they will lose verified status unless they reach spending thresholds  —  Social-media site X is offering hefty discounts to lure back ad dollars  —  X Corp. is cutting ad prices as it tries to woo brands back to the Elon Musk-owned platform. Lees verder op Tech Meme

Alphabet CFO Ruth Porat will become the President and Chief Investment Officer of Alphabet and Google, overseeing Other Bets, effective September 1, 2023 (CNBC) 25-07-2023

CNBC: Alphabet CFO Ruth Porat will become the President and Chief Investment Officer of Alphabet and Google, overseeing Other Bets, effective September 1, 2023  —  – Ruth Porat will step down as Alphabet chief financial officer and take a new role as president and chief investment officer, the company announced on Tuesday. Lees verder op Tech Meme

Snap Q2: revenue down 4% YoY to $1.07B, vs. $1.05B est., global DAUs up 14% YoY to 397M, vs. 395M est., and Q3 revenue forecast below est.; SNAP down 16%+ (CNBC) 25-07-2023

CNBC: Snap Q2: revenue down 4% YoY to $1.07B, vs. $1.05B est., global DAUs up 14% YoY to 397M, vs. 395M est., and Q3 revenue forecast below est.; SNAP down 16%+  —  Snap reported second-quarter results that topped analysts’ estimates but provided a weaker-than-expected forecast for the current period. Lees verder op Tech Meme

Microsoft reports Q4 devices revenue down 20% YoY, overall gaming revenue up 1% YoY, Xbox hardware revenue down 13% YoY, and Windows OEM revenue down 12% YoY (Tom Warren/The Verge) 25-07-2023

Tom Warren / The Verge: Microsoft reports Q4 devices revenue down 20% YoY, overall gaming revenue up 1% YoY, Xbox hardware revenue down 13% YoY, and Windows OEM revenue down 12% YoY  —  Microsoft just posted the fourth and final quarter of its 2023 fiscal financial results.  The software maker made $56.2 billion … Lees verder op Tech Meme

Microsoft reports Q4 Intelligent Cloud revenue up 15% YoY to $23.99B, vs. $23.79B est., with Azure and other cloud services revenue up 26% YoY (Jordan Novet/CNBC) 25-07-2023

Jordan Novet / CNBC: Microsoft reports Q4 Intelligent Cloud revenue up 15% YoY to $23.99B, vs. $23.79B est., with Azure and other cloud services revenue up 26% YoY  —  – Microsoft’s Azure cloud revenue growth slowed to 26% from 27% in the previous quarter.  — Microsoft CEO Satya Nadella told employees … Lees verder op Tech Meme