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 …

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PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were "underwater" (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch : PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater” — Employees' stock options were cancelled, according to a document viewed by TechCrunch. from Techmeme https://ift.tt/noKyEDx via IFTTT

How to fight for internet freedom

This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up her e . You may not be shocked to hear that governments are using generative AI to manipulate conversations and automatically censor what’s online. But now we have a better sense of how this is happening, when, and where: a new report shows that political actors in 16 countries, including Pakistan, Nigeria, and the United States, have used generative AI over the past year to exert increased control over the internet. Last week, Freedom House, a human rights advocacy group, released its annual review of the state of internet freedom around the world; it’s one of the most important trackers out there if you want to understand changes to digital free expression. As I wrote, the report shows that generative AI is already a game changer in geopolitics. But this i...

Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)

Bloomberg : Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO — - China business accounts for more than 40% of revenue, CEO said — Investment for mature chip fabs likely remain solid next year from Techmeme https://ift.tt/OT8AHz2 via IFTTT

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