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Klarna reports 2023 revenue up 22% YoY to ~$2.28B, a $241M net loss, down from $1.01B in 2022, with credit losses falling by 32% in 2023 to $369M (Financial Times)

    Financial Times: Klarna reports 2023 revenue up 22% YoY to ~$2.28B, a $241M net loss, down from $1.01B in 2022, with credit losses falling by 32% in 2023 to $369M  —  Klarna has reported a fifth straight annual loss as… Read More »Klarna reports 2023 revenue up 22% YoY to ~$2.28B, a $241M net loss, down from $1.01B in 2022, with credit losses falling by 32% in 2023 to $369M (Financial Times)

    Meta CEO Mark Zuckerberg met with LG executives in South Korea to discuss a stronger partnership on XR devices as well as a potential collaboration in AI (Joyce Lee/Reuters)

      Joyce Lee / Reuters: Meta CEO Mark Zuckerberg met with LG executives in South Korea to discuss a stronger partnership on XR devices as well as a potential collaboration in AI  —  Meta (META.O) CEO Mark Zuckerberg arrived in South… Read More »Meta CEO Mark Zuckerberg met with LG executives in South Korea to discuss a stronger partnership on XR devices as well as a potential collaboration in AI (Joyce Lee/Reuters)

      Sources: Gemini’s image generation tool had a technical fix to reduce bias in its outputs but Google didn’t anticipate the overcorrection and wasn’t transparent (Bloomberg)

        Bloomberg: Sources: Gemini’s image generation tool had a technical fix to reduce bias in its outputs but Google didn’t anticipate the overcorrection and wasn’t transparent  —  Google tried using a technical fix to reduce bias in a feature that generates… Read More »Sources: Gemini’s image generation tool had a technical fix to reduce bias in its outputs but Google didn’t anticipate the overcorrection and wasn’t transparent (Bloomberg)

        A look at some government contractors that are helping US intelligence agencies and others use targeted mobile ads to track down people (Byron Tau/Wired)

          Byron Tau / Wired: A look at some government contractors that are helping US intelligence agencies and others use targeted mobile ads to track down people  —  Meet the guy who taught US intelligence agencies how to make the most… Read More »A look at some government contractors that are helping US intelligence agencies and others use targeted mobile ads to track down people (Byron Tau/Wired)

          Filing: Applied Materials discloses “multiple subpoenas” as recently as February from US agencies, including the SEC, about the company’s Chinese business (Bloomberg)

            Bloomberg: Filing: Applied Materials discloses “multiple subpoenas” as recently as February from US agencies, including the SEC, about the company’s Chinese business  —  – The inquiries underscore Washington’s efforts to curb chips  — Chip gear makers are riding surging demand… Read More »Filing: Applied Materials discloses “multiple subpoenas” as recently as February from US agencies, including the SEC, about the company’s Chinese business (Bloomberg)

            An analysis shows that on a cost basis, 42% of Apple Vision Pro components are made by Japanese companies, including Sony’s displays and Kioxia’s memory chips (Nikkei Asia)

              Nikkei Asia: An analysis shows that on a cost basis, 42% of Apple Vision Pro components are made by Japanese companies, including Sony’s displays and Kioxia’s memory chips  —  With the help of Tokyo-based research company Fomalhaut Techno Solutions, Nikkei… Read More »An analysis shows that on a cost basis, 42% of Apple Vision Pro components are made by Japanese companies, including Sony’s displays and Kioxia’s memory chips (Nikkei Asia)

              Memo: Google CEO Sundar Pichai calls Gemini’s problematic responses around race “completely unacceptable” and vows to make structural changes to fix the problem (Reed Albergotti/Semafor)

                Reed Albergotti / Semafor: Memo: Google CEO Sundar Pichai calls Gemini’s problematic responses around race “completely unacceptable” and vows to make structural changes to fix the problem  —  Google CEO Sundar Pichai addressed the company’s Gemini controversy Tuesday evening, calling… Read More »Memo: Google CEO Sundar Pichai calls Gemini’s problematic responses around race “completely unacceptable” and vows to make structural changes to fix the problem (Reed Albergotti/Semafor)

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