Rachel Graf / Bloomberg:
UK tech tycoon Mike Lynch is set to take the stand in his own defense against charges of duping HP, a rare and bold decision; Lynch also took the stand in 2019 — – Lynch set to take stand Wednesday as key defense witness — Entrepreneur is charged with misleading HP about his startup
Xiaomi reports Q1 revenue up 27% YoY to ~$10.4B, above ~$10.3B est., net profit down 1% YoY to ~$588M, above ~$572M est., and smartphone shipments up 34% YoY (Bloomberg)
Bloomberg:
Xiaomi reports Q1 revenue up 27% YoY to ~$10.4B, above ~$10.3B est., net profit down 1% YoY to ~$588M, above ~$572M est., and smartphone shipments up 34% YoY — – Company’s revenue rose for the third consecutive quarter — Electric car SU7’s reception solid since March debut
Q&A with Microsoft CEO Satya Nadella and CTO Kevin Scott on Copilot+ PCs, delivering a consistent experience, OpenAI, integration vs. modularization, and more (Ben Thompson/Stratechery)
Ben Thompson / Stratechery:
Q&A with Microsoft CEO Satya Nadella and CTO Kevin Scott on Copilot+ PCs, delivering a consistent experience, OpenAI, integration vs. modularization, and more — This week we have two Stratechery Interviews: the first is with Microsoft CEO Satya Nadella, and the second is with Microsoft CTO Kevin Scott.
As Nvidia’s business booms, a look at some potential issues: rivals and key customers making their own AI chips, startups struggling to monetize AI, and more (Asa Fitch/Wall Street Journal)
Asa Fitch / Wall Street Journal:
As Nvidia’s business booms, a look at some potential issues: rivals and key customers making their own AI chips, startups struggling to monetize AI, and more — After tripling sales for three quarters, Nvidia faces new competition and a shifting AI market — Nvidia is riding high …
Microsoft users report a massive outage impacting Bing.com, Copilot for web and mobile, Copilot in Windows, and more; ChatGPT and DuckDuckGo have similar issues (Mayank Parmar/BleepingComputer)
Mayank Parmar / BleepingComputer:
Microsoft users report a massive outage impacting Bing.com, Copilot for web and mobile, Copilot in Windows, and more; ChatGPT and DuckDuckGo have similar issues — A massive Microsoft outage affects Bing.com, Copilot for web and mobile, Copilot in Windows, ChatGPT internet search and DuckDuckGo.
Global foundry revenue rose 12% YoY in Q1 2024, but dropped 5% QoQ; TSMC’s market share rose 1% YoY to 62%, Samsung rose 2% YoY to 13%, and SMIC rose 1% to 6% (Counterpoint Research)
Counterpoint Research:
Global foundry revenue rose 12% YoY in Q1 2024, but dropped 5% QoQ; TSMC’s market share rose 1% YoY to 62%, Samsung rose 2% YoY to 13%, and SMIC rose 1% to 6% — – The foundry industry is experiencing a relatively slow recovery with 5% QoQ decline in Q1 2024, citing a softer recovery of general end market.
Embracer reports FY2022-23 net sales up 12% YoY to ~$3.9B, PC/console games up 7% YoY to ~$1.3B, and mobile up 2% YoY to $551M; its CFO and deputy CEO step down (James Batchelor/GamesIndustry.biz)
James Batchelor / GamesIndustry.biz:
Embracer reports FY2022-23 net sales up 12% YoY to ~$3.9B, PC/console games up 7% YoY to ~$1.3B, and mobile up 2% YoY to $551M; its CFO and deputy CEO step down — CEO Lars Wingefors says past fiscal year was “transformative” as group presses on towards three-way split — News by James Batchelor Editor-in-chief
Q&A with Taiwan’s ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft’s internal economist Glen Weyl (Daniel Kuhn/CoinDesk)
Daniel Kuhn / CoinDesk:
Q&A with Taiwan’s ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft’s internal economist Glen Weyl — The island-country’s digital minister has radical ideas for using open-source technology to provide public goods.
Box CEO on how generative AI can turn the mostly unstructured data inside enterprises into valuable knowledge, enabling greater automation of workflows and more (Aaron Levie/@levie)
Aaron Levie / @levie:
Box CEO on how generative AI can turn the mostly unstructured data inside enterprises into valuable knowledge, enabling greater automation of workflows and more — The reason I’m insanely bullish on AI is that since starting Box, we have never seen a bigger shift in how we can work with our enterprise information than today. AI completely revolutionizes how we can work with enterprise information. Since the mainframe era, it’s been
In an interview, Brad Smith says Microsoft’s deal with UAE-based AI firm G42 could eventually involve the transfer of key US chips and AI technology abroad (Stephen Nellis/Reuters)
Stephen Nellis / Reuters:
In an interview, Brad Smith says Microsoft’s deal with UAE-based AI firm G42 could eventually involve the transfer of key US chips and AI technology abroad — Microsoft (MSFT.O) President Brad Smith said the tech company’s high profile deal with the United Arab Emirates-backed AI firm G42 …
