TechMeme - Inxa.inSearch.cc

TechMeme

Klarna reports Q1 revenue up 44% YoY to $1.01B, above est., GMV up 33% to $33.7B, active customers up 20% to 119M, and a $1M profit, up from a $99M loss YoY (Connor Hart/Wall Street Journal)

Klarna reports Q1 revenue up 44% YoY to $1.01B, ab...

5 months ago 35 Add to circle

Spotify says it will adopt Apple's HTTP Live Streaming tech for video podcasts later in 2026, helping creators distribute podcasts on Apple Podcasts and Spotify (Zac Hall/9to5Mac)

Spotify says it will adopt Apple's HTTP Live Strea...

5 months ago 32 Add to circle

The UK CMA launches an antitrust investigation into Microsoft's business software dominance, focusing on its bundling of Windows, Word, Teams, and other apps (Reuters)

The UK CMA launches an antitrust investigation int...

5 months ago 20 Add to circle

Meta President Dina Powell McCormick is traveling with President Trump on his China trip and met King Charles III, indicating she is Meta's new global emissary (Kurt Wagner/Bloomberg)

Meta President Dina Powell McCormick is traveling ...

5 months ago 22 Add to circle

SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and net profit up 5% YoY to ~$197.4M, below $223.6M est., weighed down by higher operating expenses, up 30% YoY (Sherry Qin/Wall Street Journal)

SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and...

5 months ago 39 Add to circle

As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and Meta forcibly moved 1,000+ engineers to an AI unit to build GenAI models (Wired)

As Meta prepares to lay off ~10% of its staff on M...

5 months ago 21 Add to circle

Blackstone Digital Infrastructure Trust raised $1.75B in its US IPO, selling 87.5M shares at $20 each, and plans to acquire data centers worth $250M to $1.5B (Subrat Patnaik/Bloomberg)

Blackstone Digital Infrastructure Trust raised $1....

5 months ago 30 Add to circle

Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives (Wall Street Journal)

Zhaopin: Chinese graduates returning home from abr...

5 months ago 39 Add to circle

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (Wall Street Journal)

Foxconn reports Q1 revenue up 29% YoY to ~$67B and...

5 months ago 44 Add to circle

Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes (Max A. Cherney/Reuters)

Filing: Jensen Huang's foundation bought $108.3M w...

5 months ago 46 Add to circle

Canadian legaltech company Clio says its ARR has reached $500M, citing demand for its AI services; it was valued at $5B after a $500M Series G in November 2025 (Marina Temkin/TechCrunch)

Canadian legaltech company Clio says its ARR has r...

5 months ago 37 Add to circle

Sources: the US cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made (Reuters)

Sources: the US cleared ~10 Chinese companies, inc...

5 months ago 43 Add to circle

Riyadh-based Stitch, which develops software for banks and financial services companies, raised a $25M Series A led by a16z, its first investment in the Gulf (Aisha S Gani/Bloomberg)

Riyadh-based Stitch, which develops software for b...

5 months ago 39 Add to circle

Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments (Kenza Bryan/Financial Times)

Sources: climate watchdog SBTi drops proposed rule...

5 months ago 37 Add to circle

Musk v. Altman filing: Sam Altman holds $2B+ in stakes in companies that have done business with OpenAI, including a $1.7B stake in fusion startup Helion Energy (Kenrick Cai/Reuters)

Musk v. Altman filing: Sam Altman holds $2B+ in st...

5 months ago 40 Add to circle

LY Corp launches a bid with Bain Capital to buy Kakaku.com, which operates restaurant review and booking site Tabelog, for $4B, challenging EQT's $3.75B offer (Nikkei Asia)

LY Corp launches a bid with Bain Capital to buy Ka...

5 months ago 36 Add to circle

ZipRecruiter: IT and CS job postings are up 14.2% YoY in April; entry-level roles fell from 8.1% a year ago to 7.4%, while senior roles grew from 38.8% to 43.1% (Katherine Bindley/Wall Street Journal)

ZipRecruiter: IT and CS job postings are up 14.2% ...

5 months ago 41 Add to circle

Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers (Emma Roth/The Verge)

Microsoft updates Edge with new AI features, inclu...

5 months ago 36 Add to circle