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April 26, 2023, 12:30 PM
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memeorandum
WeSmirchTop News
| GOV.UK: |
The UK CMA blocks Microsoft's $68.7B Activision acquisition, citing concerns about competition and innovation in the UK gaming market; Microsoft plans to appeal — The CMA has prevented Microsoft's proposed purchase of Activision over concerns the deal would alter the future …
More:
Bloomberg, New York Post, BBC, Wall Street Journal, Activision Blizzard King, The Verge, GOV.UK, Financial Times, MacRumors, CNBC, New York Times, Ars Technica, The Hill, TNW, GeekWire, Eurogamer.net, RTÉ, Windows Central, The Information, Axios, Android Authority, Game Developer, 9to5Google, Gizmodo, Forbes, PCMag, The Register, Associated Press, Silicon Republic, Computerworld, Thurrott, Club386, VentureBeat, DatacenterDynamics, Video Games Chronicle, Video Games Chronicle, Neowin, MobileSyrup, Euractiv, GamesIndustry.biz, Associated Press, Los Angeles Times, UKTN, Insider, CNN, The Guardian, TechRadar, Gizchina, Variety, Digital Trends, TechSpot, Techaeris, GameSpot, Politico, AppleInsider, KitGuru, Engadget, Appuals.com, OnMSFT.com, TechPowerUp, Kotaku, Gameranx, Coinspeaker, The Verge, Gizmodo Australia, Deadline, GLITCHED, SlashGear, TechCrunch, New York Times, Rock, Paper, Shotgun, MCV/DEVELOP, PC Gamer, GamingBolt, IGN, City A.M., TheGamer, Dow Jones Newswires, Neowin, American Economic …, Watcher Guru, iPhone in Canada Blog, The Shortcut, TrueAchievements, TweakTown, Push Square, Tech Startups, Wccftech, gHacks Technology News, Dot Esports, Press Start, Pocket Gamer.biz, FOSS Patents, BigTechWire, Destructoid, Polygon, Kotaku Australia, BGR, GSMArena.com, Dexerto, Barron's Online, Gamereactor UK, Pure Xbox, Reuters, Blue's News, Twinfinite, Nintendo World Report Updates, and Investor's Business Daily
LinkedIn:
Antony Adler. Tweets:
@bradsmi, @cmagovuk, @lulumeservey, @cmagovuk, @papscun, @deeketweak, @jamestitcomb, @tbraithwaite, @fosspatents, @cecianasta, @s8mb, @stephentotilo, @tomhfh, @cmagovuk, @andyplaytonic, @benedictevans, @cecianasta, @peterovo5, @videotechx, @tomwarren, @ryan_browne_, @jjvincent, @benthompson, @bdsams, @videotechx, @eric_seufert, @s8mb, @ethangach, @gossithedog, @nickstatt, @matthewstoller, @pgeuder, @cmagovuk, @zach_cer, @fosspatents, @fosspatents, @bdsams, @nicholashirst_, @shortsightedcap, @fosspatents, @wyp100, @skizzleaxe, @slbsn, @econliberties, @s8mb, @deeketweak, and @xcloudtimdog
| New York Times: |
A look at the mounting US pressure on Binance: the DOJ's money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more — The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.| Yueqi Yang / Bloomberg: |
| Angus Loten / Wall Street Journal: |
PricewaterhouseCoopers plans to invest $1B in generative AI in its US operations over the next three years, working with Microsoft and OpenAI — Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI's language model, training staff in AI capabilities| Alphabet: |
Alphabet reports Q1 revenue up 3% YoY to $69.8B, net income down 8% YoY to $15.1B, Other Bets revenue down 35% YoY to $288M, and Other Bets loss up 47% YoY — MOUNTAIN VIEW, Calif. - April 25, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.
More:
New York Times, TechCrunch, Search Engine Roundtable, Forkast, 9to5Google, Search Engine Journal, The Guardian, CIO Dive, Thurrott, Android Central, Investor's Business Daily, and MarketWatch
LinkedIn:
Alex Kantrowitz. Mastodon:
@ron_miller@noc.social. Tweets:
@sundarpichai, @modestproposal1, @munster_gene, @munster_gene, @nicoagrant, @isforat, @_snoopytech_, @buccocapital, @modestproposal1, @eric_seufert, @rustybrick, and @epro
| Jordan Novet / CNBC: |
More:
TechCircle, DatacenterDynamics, TechRadar, The Register, One Degree, and Coinspeaker
Mastodon:
@timbray@cosocial.ca. Tweets:
@zackkanter, @dez_blanchfield, and @rihardjarc. Thanks:@mattrosoff
| Microsoft: |
Microsoft reports Q3 revenue up 7% YoY to $52.9B, net income up 9% YoY to $18.3B, Office Commercial up 13% YoY, Dynamics 365 up 25% YoY, and LinkedIn up 8% YoY — REDMOND, Wash. — April 25, 2023 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2023 …
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Seeking Alpha, Reuters, Bloomberg, Bloomberg, Game Developer, The Shortcut, Financial Times, TechPowerUp, TrueAchievements, Coinspeaker, WRAL TechWire, BigTechWire, Business Post, Forbes, WebProNews, Reuters, Neowin, Thurrott, Investing.com Canada, New York Times, StreetInsider.com, GeekWire, Shacknews, Windows Central, Reuters, and Wall Street Journal
Tweets:
@fxshaw, @tsoh_investing, @fxshaw, @lanceulanoff, @patrickmoorhead, @fxshaw, @fxshaw, @fxshaw, @carnage4life, and @epro
| Damilare Dosunmu / Rest of World: |
A look at the waning crypto hype in Africa, as consumer trust fades, startups shut down, and Web3 workers reconsider their careers after FTX's fallout — Trust is fading, startups are shutting down, and Web3 workers are reconsidering their career choices. — • LAGOS, NIGERIA
More:
The Overspill and WeeTracker
| Aisyah Llewellyn / Rest of World: |
TikTok Shop is thriving in Indonesia, TikTok's second-biggest market with an estimated 110M users; Data.ai: the Shop seller app has ~5.5M Indonesian downloads — TikTok Shop, the controversial app's ambitious next phase, has caught fire in Indonesia. “This is truly the year of TikTok,” says one seller.
Tweets:
@juokaz, @shiraovide, and @cengizyar
| Monica Chin / The Verge: |
Hands-on with Asus' ROG Ally, a handheld Windows gaming machine launching May 11 that can be a strong Steam Deck competitor depending on the price and software — I had a fun time testing this device, but everything's going to come down to price. … Basically everything written about Asus …
More:
Thurrott, PC Gamer, KnowTechie, Techlusive, Game Rant, Laptop Mag, GameSpot, IGN, and Engadget
Tweets:
@lemire, @iamdcinvestor, @matpiscatella, @lemire, and @okami13_
| Allison Johnson / The Verge: |
Lenovo announces the $699 Lenovo ThinkPhone by Motorola, with ThinkPad-compatible productivity features, available to enterprises now and unlocked on April 28 — The Lenovo ThinkPhone by Motorola is available in the US starting today for $699, offering a suite of productivity features designed to work with ThinkPad laptops.| Theo Wayt / The Information: |
Sources: Andy Jassy picks 14-year Amazon veteran Eric Rimling as his technical adviser, a coveted two-year position; Jassy was Bezos' adviser in the early 2000s — Amazon CEO Andy Jassy has picked Eric Rimling, a 14-year veteran of the company's fulfillment operation, as his new technical adviser … | New York Times: |
The US Commerce Department outlines plans to boost chip R&D via its new National Semiconductor Technology Center; the CHIPS Act allocated $11B for R&D — The Biden administration announced its strategy for the National Semiconductor Technology Center, a string of facilities aimed at propelling U.S. innovation.| Edward Ludlow / Bloomberg: |
Bosch plans to buy US chipmaker TSI Semiconductors and invest $1.5B+ in its Roseville, California foundry, aiming to make silicon carbide chips there by 2026 — Robert Bosch GmbH is acquiring US chipmaker TSI Semiconductors and plans to invest more than $1.5 billion in its California foundry …
More:
TechCrunch, Reuters, Electrek, and Slashdot
| Nilay Patel / The Verge: |
Q&A with Lightspark CEO David Marcus on the current crypto winter, Lightning as a Layer 2 protocol, raising ~$175M, Libra, Nostr, Bitcoin, regulations, and more — Crypto has a lot of haters these days. The former Facebook exec is trying to prove them wrong with his Bitcoin startup.
Tweets:
@rjcc, @rjcc, and @davidmarcus
| Yaling Jiang / Wired: |
Experts say China's mostly government-led metaverse efforts are less about consumer activities and more about supporting the country's economy and industry — The government wants the metaverse to be less about having fun and shopping and more about health care and industry.| Reuters: |
Inside Meta's scramble to catch up on AI: slow to adopt pricey AI-optimized systems, scrapping a custom AI chip for a more ambitious model in 2025, and more — As the summer of 2022 came to a close, Meta CEO Mark Zuckerberg gathered his top lieutenants for a five-hour dissection …
More:
The Information, DatacenterDynamics, Best Stocks, BigTechWire, and Fortune
Tweets:
@dnystedt, @dylan522p, @stephennellis, and @tech_correspond
| Sarah Perez / TechCrunch: |
News sharing app Artifact adds an AI tool to generate article summaries, while noting users should still read the full articles due to occasional errors — Artifact, the personalized news aggregator from Instagram's founders is further embracing AI with the launch of a new feature that will now summarize news articles for you.
More:
Artifact News, The Verge, Neowin, and BGR
Sponsor Posts
Meta:
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Zoho:
Celebrate and collaborate this holiday season with Zoho Cliq — The holiday season is a time for celebration, relaxation, and reflection. While some people are busy wrapping presents for their loved ones …
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Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
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The Block, CoinGape, Blockonomi, The Economic Times, Coinbase, Micky, BTC Times, The Block, Cointelegraph, Crowdfund Insider, CryptoSlate, CNBC, Coinpedia Fintech News, and Barron's Online
LinkedIn:
Elchin Bayramov and Kevin Ehrlich
Tweets:
@iampaulgrewal, @coinbase, @brian_armstrong, @johnedeaton1, @attorneyjeremy1, @tphillips, @tphillips, @collins_belton, @iampaulgrewal, @iampaulgrewal, @iampaulgrewal, @brian_armstrong, @belisarius2020, @0xethlaw, @zachlight16, @belisarius2020, @ohaiom, @wmougayar, @joecarlasare, @cryptocarc, and @autismcapital