Technology
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Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up 14% YoY to $8.6B, and health data provider Cerner revenue of $1.5B (Jordan Novet/CNBC)
Jordan Novet / CNBC: Oracle reports Q2 revenue up 18% YoY to $12.28B, vs. $12.05B est., cloud services revenue up…
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Review of the AMD Radeon RX 7900 XTX and XT: the XTX beats the Nvidia RTX 4080 for $200 less, except in power efficiency and ray tracing, and the XT comes close (Andrew Cunningham/Ars Technica)
Andrew Cunningham / Ars Technica: Review of the AMD Radeon RX 7900 XTX and XT: the XTX beats the Nvidia…
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Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited (CNBC)
CNBC: Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under…
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Boston-based cybersecurity startup Snyk raised $196.5M at a $7.4B valuation, down 12% from its round in September 2021, bringing its total raised to $1.075B (Ron Miller/TechCrunch)
Ron Miller / TechCrunch: Boston-based cybersecurity startup Snyk raised $196.5M at a $7.4B valuation, down 12% from its round in…
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Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes three titles from the pipeline; its stock is down ~53% YTD (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch: Israel-based game developer Playtika lays off about 15% of its staff, or 600+ workers, and removes…
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Similarweb: desktop visits to Twitter's ad manager fell ~74% YoY in Oct. and 85% in Nov., the largest drop since Musk's takeover; the trend continues in Dec. (Laura Forman/Wall Street Journal)
Laura Forman / Wall Street Journal: Similarweb: desktop visits to Twitter’s ad manager fell ~74% YoY in Oct. and 85%…
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Switzerland-based Nillion, which aims to offer a decentralized network for securing storage and data computation, raised a $20M+ seed led by Distributed Global (Jacquelyn Melinek/TechCrunch)
Jacquelyn Melinek / TechCrunch: Switzerland-based Nillion, which aims to offer a decentralized network for securing storage and data computation, raised…
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FTX CEO's testimony to the US House: FTX and Alameda customer assets were commingled, insiders were paid $1B+, FTX US was not run independently of FTX, and more (U.S. House Committee on Financial Services)
U.S. House Committee on Financial Services: FTX CEO’s testimony to the US House: FTX and Alameda customer assets were commingled,…
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