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Meta Reports First Quarter 2023 Results (Meta)

Meta: Meta Reports First Quarter 2023 Results  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2023.  —  “We had a good quarter and our community continues to grow,” said Mark Zuckerberg, Meta founder and CEO.  “Our AI work is driving good results across our apps and business.

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Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team (Victoria Song/The Verge)

Victoria Song / The Verge: Amazon shuts down its health-focused Halo division, discontinues its Halo Band, Halo View, and Halo Rise devices, and plans to lay off portions of the team  —  Amazon has decided to shutter its health-focused Halo division, The Verge has learned.  Amazon has stopped selling its three Halo products …

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Mexico-based Clara, which offers corporate spend management software in Latin America, raised a $60M Series B extension, after a $70M Series B in December 2021 (Christine Hall/TechCrunch)

Christine Hall / TechCrunch: Mexico-based Clara, which offers corporate spend management software in Latin America, raised a $60M Series B extension, after a $70M Series B in December 2021  —  Clara, a Mexico-based spend management company, closed on $60 million in equity in a round led by GGV Capital.

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Disney sues Florida for ‘government retaliation’ in escalating feud

Photo by Joseph Prezioso / Anadolu Agency via Getty Images Disney is suing Florida Governor Ron DeSantis, alleging his administration waged a “targeted campaign of government retaliation” against the company’s “protected speech.” In the lawsuit, Disney claims DeSantis “threatens Disney’s business operations, jeopardizes its economic future in the region, and violates its constitutional rights.” “Disney

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US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teen accounts (Brian Fung/CNN)

Brian Fung / CNN: US senators unveil a bipartisan bill that bans kids under 13 from joining social media and requires tech companies to get parental consent for teen accounts  —  A new federal bill unveiled Wednesday would establish a national minimum age for social media use and require tech companies …

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Disney sues Florida for ‘government retaliation’ in escalating feud

Photo by Joseph Prezioso/Anadolu Agency via Getty Images Disney is suing Florida Governor Ron DeSantis, alleging his administration waged a “targeted campaign of government retaliation” against the company’s “protected speech.” In the lawsuit, Disney claims DeSantis “threatens Disney’s business operations, jeopardizes its economic future in the region, and violates its constitutional rights.” “Disney regrets that

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Bosch plans to buy US chipmaker TSI Semiconductors and invest $1.5B+ in its Roseville, California foundry, aiming to make silicon carbide chips there by 2026 (Edward Ludlow/Bloomberg)

Edward Ludlow / Bloomberg: Bosch plans to buy US chipmaker TSI Semiconductors and invest $1.5B+ in its Roseville, California foundry, aiming to make silicon carbide chips there by 2026  —  Robert Bosch GmbH is acquiring US chipmaker TSI Semiconductors and plans to invest more than $1.5 billion in its California foundry …

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