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Toast plans to lay off ~550 employees, or ~10% of its workforce, to promote “operating expense efficiency” and will incur about $50M in costs such as severance (Brody Ford/Bloomberg)

    Brody Ford / Bloomberg: Toast plans to lay off ~550 employees, or ~10% of its workforce, to promote “operating expense efficiency” and will incur about $50M in costs such as severance  —  Toast Inc., a restaurant-focused software company, will cut… Read More »Toast plans to lay off ~550 employees, or ~10% of its workforce, to promote “operating expense efficiency” and will incur about $50M in costs such as severance (Brody Ford/Bloomberg)

    Sources: spyware vendor Variston is closing after Google “burned” its name publicly in 2022; source: a disgruntled staffer sent its malicious code to Google (Lorenzo Franceschi-Bicchierai/TechCrunch)

      Lorenzo Franceschi-Bicchierai / TechCrunch: Sources: spyware vendor Variston is closing after Google “burned” its name publicly in 2022; source: a disgruntled staffer sent its malicious code to Google  —  The Barcelona-based startup’s malware has been used to target iPhones, Android… Read More »Sources: spyware vendor Variston is closing after Google “burned” its name publicly in 2022; source: a disgruntled staffer sent its malicious code to Google (Lorenzo Franceschi-Bicchierai/TechCrunch)

      Coinbase reports Q4 revenue up 51% YoY to $953.8M, vs. $826M est., net income of $273M, its first profit in two years, vs. a loss of $557M YoY; COIN jumps 10%+ (Bloomberg)

        Bloomberg: Coinbase reports Q4 revenue up 51% YoY to $953.8M, vs. $826M est., net income of $273M, its first profit in two years, vs. a loss of $557M YoY; COIN jumps 10%+  —  Revenue surged 51% to $953.8 million, topping… Read More »Coinbase reports Q4 revenue up 51% YoY to $953.8M, vs. $826M est., net income of $273M, its first profit in two years, vs. a loss of $557M YoY; COIN jumps 10%+ (Bloomberg)

        Roku reports Q4 revenue up 14% YoY to $984.4M, vs. $968.2M est., and warns of a “challenging” environment for media and entertainment in 2024; ROKU drops 14%+ (Todd Spangler/Variety)

          Todd Spangler / Variety: Roku reports Q4 revenue up 14% YoY to $984.4M, vs. $968.2M est., and warns of a “challenging” environment for media and entertainment in 2024; ROKU drops 14%+  —  Roku came in above Wall Street forecasts for… Read More »Roku reports Q4 revenue up 14% YoY to $984.4M, vs. $968.2M est., and warns of a “challenging” environment for media and entertainment in 2024; ROKU drops 14%+ (Todd Spangler/Variety)

          DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+ (Granth Vanaik/Reuters)

            Granth Vanaik / Reuters: DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+  —  DoorDash (DASH.O) projected annual core profit largely… Read More »DoorDash reports Q4 revenue up 27% YoY to $2.3B, vs. $2.24B est., total orders up 23% YoY to 574M, and Q1 profit forecast below estimates; DASH drops 8%+ (Granth Vanaik/Reuters)

            The US Patent and Trademark Office denies OpenAI’s attempt to trademark “GPT”, ruling that the term is “merely descriptive” (Devin Coldewey/TechCrunch)

              Devin Coldewey / TechCrunch: The US Patent and Trademark Office denies OpenAI’s attempt to trademark “GPT”, ruling that the term is “merely descriptive”  —  The U.S. Patent and Trademark Office has denied OpenAI’s attempt to trademark “GPT,” ruling that the… Read More »The US Patent and Trademark Office denies OpenAI’s attempt to trademark “GPT”, ruling that the term is “merely descriptive” (Devin Coldewey/TechCrunch)

              Sources: Apple has expanded testing of a Copilot-like tool for Xcode and is exploring AI features for productivity apps and a Spotlight search that uses LLMs (Mark Gurman/Bloomberg)

                Mark Gurman / Bloomberg: Sources: Apple has expanded testing of a Copilot-like tool for Xcode and is exploring AI features for productivity apps and a Spotlight search that uses LLMs  —  – Company is working on several generative AI-based features … Read More »Sources: Apple has expanded testing of a Copilot-like tool for Xcode and is exploring AI features for productivity apps and a Spotlight search that uses LLMs (Mark Gurman/Bloomberg)

                Q&A with Microsoft Gaming CEO Phil Spencer on bringing Xbox-exclusive games to PS5 and Switch, the future of Xbox, next-gen hardware, regulation, and more (Tom Warren/The Verge)

                  Tom Warren / The Verge: Q&A with Microsoft Gaming CEO Phil Spencer on bringing Xbox-exclusive games to PS5 and Switch, the future of Xbox, next-gen hardware, regulation, and more  —  Microsoft has been gradually moving Xbox away from the idea… Read More »Q&A with Microsoft Gaming CEO Phil Spencer on bringing Xbox-exclusive games to PS5 and Switch, the future of Xbox, next-gen hardware, regulation, and more (Tom Warren/The Verge)

                  Microsoft says its Xbox Game Pass service now has 34M subscribers, up 36% from the 25M subscribers Microsoft reported more than two years ago (Tom Warren/The Verge)

                    Tom Warren / The Verge: Microsoft says its Xbox Game Pass service now has 34M subscribers, up 36% from the 25M subscribers Microsoft reported more than two years ago  —  Microsoft’s Xbox Game Pass service now has 34 million subscribers. … Read More »Microsoft says its Xbox Game Pass service now has 34M subscribers, up 36% from the 25M subscribers Microsoft reported more than two years ago (Tom Warren/The Verge)

                    Apple confirms that iOS 17.4 removes Home Screen web apps in the EU because of a DMA requirement that forces Apple to allow alternative browser engines (Chance Miller/9to5Mac)

                      Chance Miller / 9to5Mac: Apple confirms that iOS 17.4 removes Home Screen web apps in the EU because of a DMA requirement that forces Apple to allow alternative browser engines  —  iOS 17.4 offers a number of changes for the… Read More »Apple confirms that iOS 17.4 removes Home Screen web apps in the EU because of a DMA requirement that forces Apple to allow alternative browser engines (Chance Miller/9to5Mac)

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