August 9, 20230CommentsChina plans to require app developers to file business details with the government or face sanctions from March 2024, likely creating headaches for developers (Josh Ye/Reuters)
August 9, 20230CommentsNikon reports Q1 revenue up 8.6% YoY to $1.1B, profit down 78% YoY to ~$23M, and shipping four lithography machines, compared to eight in 2022; NINOY drops 11% (Debby Wu/Bloomberg)
August 9, 20230CommentsIn Kenya, the most active African country on TikTok, creators make money with protest livestreams, which protesters say help them stay safe from police violence (Martin K.N Siele/Rest of World)
August 9, 20230CommentsCoupang reports Q2 revenue up 21% YoY to $5.6B, a $145M net income, up from a $75.4M loss in Q2 2022, and plans to expand in Taiwan after a year of profits (Kate Park/TechCrunch)
August 9, 20230CommentsSony reports Q1 revenue up 33% YoY to $20.7B and PS5 sales up 38% YoY to 3.3M; Sony had said the company expects to sell 25M PS5 units in the year to March 2024 (CNBC)
August 9, 20230CommentsA look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success (Varsha Bansal/Rest of World)
August 9, 20230CommentsQ&A with AWS CEO Adam Selipsky on cloud competitors, layoffs, AI, Nvidia, the Trainium and Inferentia chips, the Amazon Bedrock library of AI models, and more (Nilay Patel/The Verge)
August 9, 20230CommentsNetChoice and Chamber of Progress back TikTok’s lawsuit to stop a Montana law that is set to ban the use of the app on January 1, 2024 (Reuters)
August 9, 20230CommentsSources: Bengaluru-based fantasy sports app Mobile Premier League, valued at $2.2B, cuts ~50% of its staff, after India announced a 28% online gaming tax (TechCrunch)
August 9, 20230CommentsInterpol shutters Indonesia-based “phishing-as-a-service” platform 16shop, used to create 150K phishing pages, compromising at least 70K people in 43 countries (Bill Toulas/BleepingComputer)
August 9, 20230CommentsIndia-based Credgenics, which provides an online service to help banks collect on debt, raised $50M led by Accel and Westbridge Capital at a $340M valuation (Alex Gabriel Simon/Bloomberg)