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Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment (Hugh Son/CNBC)

Hugh Son / CNBC : Sources: PayPal is separating Venmo into its own standalone unit and is looking to recruit a digital banking executive to run the new Venmo segment   —  PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm's reporting lines to separate Venmo … from Techmeme https://ift.tt/50fmx7g via IFTTT
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SpaceX draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18% (The Information)

The Information : SpaceX draft IPO filing: from 2023 to 2025, Starlink's individual subscribers rose from 2.3M to 8.9M, revenue grew from $3.9B to $11.4B, and ARPU fell 18%   —  SpaceX's Starlink satellite internet service quadrupled its individual subscribers between 2023 and 2025—but the average revenue … from Techmeme https://ift.tt/iroBdzV via IFTTT

Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours (Zaheer Kachwala/Reuters)

Zaheer Kachwala / Reuters : Seagate reports Q3 revenue up 44% YoY to $3.11B, vs. $2.96B est., and forecasts Q4 revenue and adjusted EPS above estimates; STX jumps 13%+ after hours   —  Seagate Technology (STX.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand … from Techmeme https://ift.tt/I6Kvsh0 via IFTTT

China's National Supercomputing Center in Shenzhen unveils the Lingshen project, aiming for 2+ exaFLOPS performance using a domestic-made CPU-only architecture (Luke James/Tom's Hardware)

Luke James / Tom's Hardware : China's National Supercomputing Center in Shenzhen unveils the Lingshen project, aiming for 2+ exaFLOPS performance using a domestic-made CPU-only architecture   —  Good luck with that. … China's National Supercomputing Center in Shenzhen announced the Lingshen supercomputer project … from Techmeme https://ift.tt/VxjCWbD via IFTTT

Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg : Sources: Apple plans an AI overhaul for photo editing in iOS 27, including using on-device AI models to extend, enhance, and reframe photos   —  Apple Inc. is planning a major overhaul of the built-in photo-editing features for the iPhone, iPad and Mac, leaning heavily on artificial intelligence to better compete with Android devices. from Techmeme https://ift.tt/nS14ua8 via IFTTT

Renders based on photos of Samsung's upcoming smart glasses, expected to launch later this year, show a design nearly identical to Ray-Ban Meta glasses (Alexander Maxham/Android Headlines)

Alexander Maxham / Android Headlines : Renders based on photos of Samsung's upcoming smart glasses, expected to launch later this year, show a design nearly identical to Ray-Ban Meta glasses   —  Add Android Headlines as a preferred source on Google  —  Samsung's next Android XR product is reportedly a pair of smart glasses codenamed … from Techmeme https://ift.tt/d5BUpFC via IFTTT

Elon Musk boosts an X post by Ronan Farrow promoting his New Yorker article on Sam Altman's alleged deceptions, as Musk's lawsuit against OpenAI heads to trial (Wired)

Wired : Elon Musk boosts an X post by Ronan Farrow promoting his New Yorker article on Sam Altman's alleged deceptions, as Musk's lawsuit against OpenAI heads to trial   —  The move comes as the trial for Elon Musk's lawsuit against OpenAI kicks off in federal court in Oakland. from Techmeme https://ift.tt/4gwEjNr via IFTTT