@Techmeme@techhub.socialSources: Shein told investors in August that it expects $2B in net income in 2025 despite US tariffs and forecasts mid-teen percentage growth in full-year sales (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-06/s…
@tante@tldr.nettime.orgA lot of companies in tech are non-profit if we're honest. But the issue really is that by being a "non-profit tech company" you kinda align yourself the the idea of the tech company itself and all the baggage that brings. It's where a lot of the issues (for example with Mozilla) come from
https://ma…
@Mediagazer@mstdn.socialNYT reports 12.33M subscribers in Q3 after adding 460K digital subs, total revenue up 9.5% YoY to $700.8M, and adjusted operating profit up 26.1% YoY to $131.4M (Katie Robertson/New York Times)
https://www.nytimes.com/2025/11/05/business/media/new-york-times-ea…
@elduvelle@neuromatch.social
@grifferz@social.bitfolk.comHopefully allaying some corners of people who felt burned by Hashicorp in times past…
"Ghostty Is Now Non-Profit" – Mitchell Hashimoto
https://mitchellh.com/writing/ghostty-non-profit
@Techmeme@techhub.socialAnalysts expect Samsung's Q4 operating profit to jump 160% YoY to ~$11.7B, driven by a severe global shortage of memory chips amid booming AI demand (Hyunjoo Jin/Reuters)
https://www.reuters.com/world/asia-pacific/s…
@cdarwin@c.imTruly, everyone's a "rogue capitalist" now.
It's almost like the problem with companies isn't whether their business model is based on showing you ads or charging you money,
but rather, whether they can abuse you for profit and get away with it.
-- Coty Doctorow
https://mamot.fr/@…
@memeorandum@universeodon.comTrump's Security Strategy Focuses on Profit, Not Spreading Democracy (Anton Troianovski/New York Times)
https://www.nytimes.com/2025/12/05/us/politics/trump-national-security-strategy.html
http://www.memeorandum.com/251205/p141#a251205p141
@Carwil@mastodon.onlineUnited States will “reassert and enforce the Monroe Doctrine to restore American pre-eminence in the Western Hemisphere.” Orders diplomats to seek “major business opportunities in their country, especially major government contracts.”
http…
@gfriend@mas.toWe all favor efficiency, right? Efficiency is what drives profit, growth, share value, prosperity, etc, right? And localized sub-optimization drives whole systems optimization, right? Well, except when…
https://doctorow.medium.com/https-plur
@kazys@mastodon.socialAs the head of a non-profit, I would never do this sort of thing. This is just nauseating. Good money intended for a good cause going to support bad actors.
@midtsveen@social.linux.pizzaRE: https://kolektiva.social/@BigTittyBimbo/115667885319262803
I'm ashamed that I've let corporate giants profit from my watch time on platforms like Twitch.
Even so, I keep using it because they’ve hooked me with free in-game drops yo…
@newstik@social.heise.deThe electric vehicle boom in Norway is, in part, a result of high taxes. New vehicles are taxed at 25%, but new #EV at 0%. Registration fees are waved, as are (were?) city tolls, and often there is free EV parking. Plus there are income tax deductions for EV.
Businesses, on the other hand, profit from vastly cheaper electricity prices (compared to households) - or they can use the free (!) ele…
@heiseonline@social.heise.deKI-Update kompakt: OpenAI For-Profit, GitHub AgenHQ, Halluzinationen, Spesen
Das "KI-Update" liefert drei mal pro Woche eine Zusammenfassung der wichtigsten KI-Entwicklungen.
https://www.
@pdmckone@mstdn.caIn the modern world, there are two civilizations:
One speaks many languages and sees people as neighbours, as family, as friends, and as strangers they've yet to meet.
The other sees people as things, things to profit from, to manipulate, to abuse and, ultimately, to discard when they no longer suit their purposes.
In which civilization do you live?
@krone@frawas.deProfit aus Transit - Mega-Center soll Konkurrenz für „Excalibur“ werden #News #Nachrichten
@hippyjo@c.imRussian frustration at failing to capture strategic objectives translates into increased ferocity and cruelty to the civilian population in Ukraine.
USA could have stopped all of this long ago, but the merchant class likes to profit off of war.
Report from the front lines, despite Russian drone attacking the reporter and narrowly missing.
Friend link bypasses the paywall, please share and support Ukraine and true journalism.
@Mediagazer@mstdn.socialThe Economist reports revenue up 4% YoY to £170.3M in the six months to September 2025 and pre-tax profit up 28% YoY to £19.7M; a 27% stake is up for sale (Charlotte Tobitt/Press Gazette)
https://pressgazette.co.uk/media_business/the-economist-rothsch…
@aral@mastodon.ar.alYeah, Jimmy “I’m actually quite in favour of business and capitalism and all that”* Wales, the surveillance capitalist and Fandom-president adtech man who once told me he doesn’t believe in any form of government regulation – not even in food standards or healthcare – can go fuck himself.
Find better heroes. Or even better yet, get over the whole stupid concept itself.
*
@gedankenstuecke@scholar.social«Given that the amount of money banks make from the average sale of one vial is approximately $1,200, the industry has less than zero interest in voluntarily putting a halt to their less-than-ethical practices. It’s been proven time and time again that, without anything reining them in, they will choose profit over all else.»
What happens if industries "self-regulate" 🫠
The Profit Motive Has Corrupted the Fertility Industry
https://www.currentaffairs.org/news/the-profit-motive-has-corrupted-the-fertility-industry
@metacurity@infosec.exchangeA shocking cybercrime has shaken India’s digital security landscape, with hackers stealing at least 50,000 CCTV clips over nine months from facilities across the country and selling them online, feeding them into an international porn fetish network for profit.
80 CCTV dashboards in seven cities were compromised using 'admin123' default passwords
@servelan@newsie.social'Peace for Profit': Trump Allies Plot $2 Trillion Windfall From Ukraine Deal Leak | IBTimes UK
https://www.ibtimes.co.uk/peace-profit-trump-allies-plot-2-trillion-windfall-ukraine-deal-leak-1758984
@elduvelle@neuromatch.socialAh, Google Documents.. So convenient.. But #Google is bad and the current US government is crazy.
What is the closest existing alternative to GDocs which is not owned by an american for-profit?
So far, Libre Office docs could be a replacement but there doesn't seem to be an integrated way to do co-editing online with it?
Conditions:
@arXiv_mathOC_bot@mastoxiv.pageJoint Stochastic Optimal Control and Stopping in Aquaculture: Finite-Difference and PINN-Based Approaches
Kevin Kamm
https://arxiv.org/abs/2510.02910 https://
@Techmeme@techhub.socialUK retailer M&S reports a £135.6M profit hit in H1 2025 after a cyber attack in April, which it attributes to DragonForce, and claimed £100M from its insurers (Philip Stafford/Financial Times)
https://www.ft.com/content/103718d7-457a-4546-b9ea-9b80d3872e75
@cheryanne@aus.socialFor Her
It's the place you come when you're done guessing, done hustling blindly, and finally ready to build the kind of brand people talk about without you begging for attention...
Great Australian Pods Podcast Directory: https://www.greataustralianpods.com/passion-t…
@anneroth@systemli.social„Das Unternehmen bestätigte Zahlen der „Süddeutschen Zeitung“, wonach nur knapp 52 Prozent aller Fernzüge ohne größere Verzögerungen ans Ziel kamen. Ein schlechterer Monatswert ist bisher nicht bekannt.“
Ich würde gern mit Ihnen darüber sprechen, ob Privatisierung (= Zwang, Profit zu machen) von Daseinsvorge wirklich so eine gute Idee ist
@scottmiller42@mstdn.socialI've been a member of Little Free Library for 18 months. Their emails have been a nuisance, but I remained because of my goodwill towards the org. I finally hit my limit and unsubscribed today. Why? I counted 18 emails in the last 30 days!
If you're a non-profit and view each email as having essentially zero cost to your org, you should ask if you're not silently chipping away at goodwill by being a pest.
@Techmeme@techhub.socialIn a reply to Elon Musk's post of "you stole a non-profit", Sam Altman says OpenAI's structure is needed to create "what should be the largest non-profit ever" (Lauren Edmonds/Business Insider)
https://www.businessinsider.com/elon-musk-
@annsev@troet.cafe
@benb@osintua.euThe Betrayal of Ukraine: Peace, Power, and the Price of Electricity
How Farage, Musk, Thiel and the Trumps hope to profit from the surrender of Ukraine
https://www.theangrydogs.com/p/the-betrayal-of-ukraine-peace-power
@Techmeme@techhub.socialSuper Micro reports Q1 revenue down 15% YoY to $5B, vs. $6.09B est., and forecasts Q2 profit below estimates; SMCI drops 9% after hours (Dina Bass/Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-04/super-micro-sh…
@j_honegger@swiss.socialIch habe die Petition „Unsere Nudes sind nicht euer Business” von HateAid unterschrieben. Jetzt bist du dran!
Petition: Unsere Nudes sind nicht euer Business
https://hateaid.org/petition-notyourbusiness
> Unterschreibe jetzt unsere Petition gegen den Profit mit geklaut…
@primonatura@mstdn.social"Profit before planet: Big fashion brands’ sustainability disclosures still abysmal, report reveals"
#Fashion #FastFashion #Sustainability
@ubuntourist@mastodon.socialDonnie continues to attempt to create problems so that he can claim he's the only one capable of solving them.
https://www.theguardian.com/us-news/2025/oct/26/gun-violence-prevention-non-profit-grants-disqualified
@stevefoerster@social.fossdle.orgLast year my inbox was inundated on #GivingTuesday by every non-profit organization that had ever gotten ahold of my email address. But this year I've gotten like three appeals so far. Curious.
@mxp@mastodon.acm.orgMr. Nadella, don’t worry about the “real world impact” of what you call “AI,” i.e., LLM-driven chatbots. Already today, lazy students and fraudulent researchers “get value out of AI in the real world.”
But I get it, the big question is: how can Microsoft profit from cheating and fraud in education and research?
https://
@mxp@mastodon.acm.orgMr. Nadella, don’t worry about the “real world impact” of what you call “AI,” i.e., LLM-driven chatbots. Already today, lazy students and fraudulent researchers “get value out of AI in the real world.”
But I get it, the big question is: how can Microsoft profit from cheating and fraud in education and research?
https://
@mxp@mastodon.acm.orgMr. Nadella, don’t worry about the “real world impact” of what you call “AI,” i.e., LLM-driven chatbots. Already today, lazy students and fraudulent researchers “get value out of AI in the real world.”
But I get it, the big question is: how can Microsoft profit from cheating and fraud in education and research?
https://
@davidaugust@mastodon.onlineCurrent ethnic cleansing in US is making some a lot of money, while destroying others.
“When ICE takes…person…system around them…built to swallow everything they ever touched.”
“Towing companies profit. State agencies profit. &…people who once lived in…homes & drove…cars & held…IDs are left w/nothing but…clothes on their backs. This is not a broken system.”
“…system functioning exactly as…designed.”
@EarthOrgUK@mastodon.energyKingston Community Energy (2012) - Creating non-for-profit community (solar PV) energy schemes was undermined by whiplash changes in government support. #community #microgen -
@isonno@mastodon.socialI just realized the profit end game for AI. It's the same thing that fueled Facebook, Google and all the other tech behemoths: Advertising.
As Internet search shifts from search engines to chatbots, this is the next frontier for AI companies.
Chatbots will be paid untold billions to tell you what to buy, where to go, what to watch.
And with the billions of SuperPAC money - who to vote for.
@simon_brooke@mastodon.scot"Scotland barely owns any of its own economy now. We are startlingly foreign owned. Our banks, our energy, our land, our supermarkets, our whisky industry – we work and we shop and we generate wealth and then the owners of these industries take the profit and ship it off overseas" -- Robin McAlpine
#ScotPol
@metacurity@infosec.exchangehttps://www.computerweekly.com/news/366634571/Russian-money-launderers-bought-a-bank-to-disguise-ransomware-profit
Russian money launderers bought a bank to disguise ransomware profit
@cdarwin@c.imVentura County Voluntary Organizations Active in Disaster ( #VCVOAD )
is a collaborative of nearly 50 local non-profit agencies,
faith-based organizations,
volunteer groups,
public institutions,
and private entities
dedicated to improving outcomes for people affected by disasters.
VC-VOAD helps communities respond to and recover from major disasters guided by our f…
@Mediagazer@mstdn.socialThomson Reuters reports Q3 revenue up 3% YoY to $1.78B and operating profit up 43% YoY to $593M; Reuters News had $207M in revenue and $42M adjusted EBITDA (Thomson Reuters)
https://investors.thomsonreuters.com/news-r…
@memeorandum@universeodon.comSomeone made a huge profit predicting Maduro's capture. Here's what happened (Herb Scribner/Axios)
https://www.axios.com/2026/01/03/maduro-capture-bets-trade-prediction-markets
http://www.memeorandum.com/260103/p64#a260103p64
@newsie@darktundra.xyzUniversity of Phoenix says 'numerous individuals' impacted by Oracle EBS breach https://therecord.media/university-of-phoenix-data-breach
@servelan@newsie.social"The bill would give antitrust protections to the National Collegiate Athletics Association (NCAA), pre-empting state regulations on the issue, and clarify nationwide that student athletes are not employees, precluding many labor rights and limiting their ability to profit off their name, image, and likeness."
House GOP forced to cancel vote on new Trump bill - Raw Story
https://www.rawstory.com/score-act/
@fgraver@hcommons.socialGreat comment by @…:
«[…] private institutions are fundamentally extractive. Decisions are made on the basis of profit or some similar self-serving motivation. They provide as little as possible for the revenue they receive. Public institutions, by contrast, are fundamentally constructive. They exist to promote the social good or (if we believe Mark Carney) s…
@grifferz@social.bitfolk.com"Self-hosting DNS for no fun, but a little profit!" – Morten Linderud
https://linderud.dev/blog/self-hosting-dns-for-no-fun-but-a-little-profit/
@Techmeme@techhub.socialSK Hynix reports Q3 revenue up 39% YoY to $17.02B, vs. $17.22B est, operating profit up 62% YoY to $7.92B, a record, boosted by demand for its HBM chips for AI (CNBC)
https://www.cnbc.com/2025/10/29/sk-hynix-q3-profit-revenue-record-.html
@Mediagazer@mstdn.socialFuture reports revenue down 6% YoY to £739.2M in the year to September 30, pre-tax profit down 11% to £91.9M; CEO Kevin Li Ying wants to cut its Google reliance (Charlotte Tobitt/Press Gazette)
https://pressgazette.co.uk/publishers/maga…
@fortune@social.linux.pizzaBenson's Dogma:
ASCII is our god, and Unix is his profit.
@philip@mastodon.mallegolhansen.com@… 💯 There’s always a catch when the thing is free.
I *want* to pay, to ensure the company’s profit incentive aligns with mine as a customer.
@parltrack@eupolicy.social
@lil5@social.linux.pizza#macrumors forums is just as bad as #nostr
Filled with people who have APPL shares / Bitcoin wallets and let their opinions be ruled by their profits above all else.
@Techmeme@techhub.socialMichael Saylor's Strategy creates a $1.44B cash reserve funded by stock sales after cutting full-year profit and BTC yield targets due to bitcoin price drops (Stephen Alpher/CoinDesk)
https://www.coindesk.com/markets/2025/12/0
@shaman007@mastodon.andreybondarenko.com3 года назад я купил фот (Canon EOS-m6mkII) за 25 000 денег и к нему хуйни на 15 000 денег. Фот отказался неудачным и та докупленная хуйня проблем не решила. НО тогда фот "моей мечты" (Canon EOS RP) стоил 50 000 денег.
На ебее я увидел его за 12 000 денег, новый, при среднем ценнике в 16-18 и 20 в магазине. Немедленно купил, продал свой старый по низу рынка за те же 12 000 и теперь у меня "то что всегда хотел" как бы бесплатно. PROFIT, хоть я и потратил овердохуя …
@PaulWermer@sfba.socialAbout 20 years ago, I was part of the Neighborhood Network - people concerned about good planning and good governance. The Mayor's office was pushing to allow more nmarket rate housing. When Jim Meko and I met with the then housing czar, he explained supply and demand. When I argued commodity vs luxury item and profit motive, he admitted that unrestricted building would reduce prices by maybe 3%. Very close to the current conclusion.
@paulwermer@sfba.socialAbout 20 years ago, I was part of the Neighborhood Network - people concerned about good planning and good governance. The Mayor's office was pushing to allow more nmarket rate housing. When Jim Meko and I met with the then housing czar, he explained supply and demand. When I argued commodity vs luxury item and profit motive, he admitted that unrestricted building would reduce prices by maybe 3%. Very close to the current conclusion.
@primonatura@mstdn.social"Ministers to crack down on ‘for-profit’ litter enforcers in England"
#UK #UnitedKingdom #Environment
@aral@mastodon.ar.alWhereas with our tiny not-for-profit, Small Technology Foundation, we set things up so we don’t have shares/ownership and we only receive a salary and pay all our taxes. Which is how it should be and would be perfectly fine if we taxed these motherfuckers their fair share also.
PS. I know I suck at advocating for ourselves but here’s your infrequent reminder that you can help us continue to exist, should you like to see that, by becoming a patron:
@Techmeme@techhub.socialNintendo reports Q2 revenue of $3.7B, vs. ~$3B est., and net profit of ~$667M, vs. ~$412M est.; it now expects 19M Switch 2 sales by March 2026, up from 15M (Arjun Kharpal/CNBC)
https://www.cnbc.com/2025/11/04/nintendo-raises-switch-2-sales-fo…
@simon_brooke@mastodon.scot @Techmeme@techhub.socialUber reports Q3 revenue up 20% YoY to $13.5B, Gross Bookings up 21% YoY to $49.7B, trips up 22% YoY to 3.5B, and a $1.1B operating profit, below $1.6B est. (Financial Times)
https://www.ft.com/content/9ceb0184-79d6-4097-af7a-f6ea3d3909d8
@memeorandum@universeodon.com'Witkoff needs a psychiatrist': Europeans fume at Trump's plan to profit from frozen Russian assets (Politico)
https://www.politico.eu/article/steve-witkoff-needs-a-psychiatrist-europeans-fume-at-donald-trump-plan-to-profit-from-frozen-russian-assets/
http://www.memeorandum.com/251121/p136#a251121p136
@tante@tldr.nettime.org"Although Ecosia is a not-for-profit, they seem to be re-enacting the for-profit erosion of human knowledge and the active murder of the open web currently being orchestrated by Google and the other tech giants."
(Original title: Ecosia’s “Green AI”: false hope for corrosive tech)
https://
@Mediagazer@mstdn.socialThe Daily Beast COO Keith Bonnici says the publisher has been profitable through the first nine months of 2025 and expects its first full year of profitability (Mark Stenberg/Adweek)
https://www.adweek.com/media/daily-beast-annual-profit-growth/
@midtsveen@social.linux.pizzaIf you’re rich, I don’t like you. If you’re rich and help the poor, I still don’t like you. If you’re rich and wish you weren’t, I can understand that, but it doesn’t change anything. Giving to the poor doesn’t undo the system that made you rich in the first place. It’s charity dressed up as justice, and it only makes you look generous while the structure that feeds your power stays firm.
If you really wanted to help, you’d walk away from the corporations, the profit, and the comfort b…
@cdarwin@c.imGretchen Carlson and Julie Roginsky,
who pursued sexual harassment lawsuits against former Fox News CEO Roger Ailes and co-launched the non-profit Lift Our Voices,
said that seeing the Epstein files was imperative.
The information, in turn, could guide appropriate next steps.
“I think that the possibilities are endless as to what could be the result.
I think there could be more criminal charges.
I think that there could be accountability, not only for indi…
@Mediagazer@mstdn.socialTelevisaUnivision reports Q3 revenue down 3% YoY to $1.3B and $90.5M net income, down from $190.3M YoY; subscription and licensing revenue rose 3% YoY to $493M (Brian Steinberg/Variety)
https://variety.com/2025/tv/news/televisaunivision-3q-pr…
@Techmeme@techhub.socialA new Polymarket account bet $30K on Maduro's capture just hours before Trump's announcement, renewing questions on insider information in prediction markets (Herb Scribner/Axios)
https://www.axios.com/2026/01/03/maduro-capture-bets-trade-prediction-mark…
@tante@tldr.nettime.orgLike, Amazon and Google are probably the biggest beneficiaries of open source in when looking at profit vs. cost. That looks not super leftish.
https://tldr.nettime.org/@tante/115441431804444092
@Mediagazer@mstdn.socialLachlan Murdoch says Tubi hit profitability for the first time during the past quarter, its revenue grew 27% YoY, and viewing time rose 18% YoY (Max Goldbart/Deadline)
https://deadline.com/2025/10/fox-results-tubi-profitability-lachlan-murdoch-12366026…
@Techmeme@techhub.social @cdarwin@c.imSanta Barbara’s future vitality depends on making space for younger generations who want to build their lives here
— and a walkable, bike-friendly downtown offers immense value for renters, service workers, parents, and young professionals alike.
We cannot rely on big, national retail chains to anchor State Street
Bringing cars back will just bring back cruising, since parking has always been on nearby streets and in garages.
A walkable downtown supported by efficien…
@Techmeme@techhub.socialBlock expects gross profit to increase in the mid-teens YoY through 2028, reaching ~$15.8B, with adjusted operating income growing ~30% YoY; XYZ closed up 7.56% (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/11/19/block-unveils-3-y…
@Techmeme@techhub.socialSnowflake reports Q3 product revenue up 29% YoY to $1.16B, and forecasts Q4 adjusted operating income margin below estimates; SNOW drops 7% after hours (Brody Ford/Bloomberg)
https://www.bloomberg.com/news/articles/2025-12-0…
@cdarwin@c.imIf you’re fed up with Meta right now,
you’re not alone.
Google searches for deleting Facebook and Instagram spiked last week
after Meta announced its latest policy changes.
These changes, seemingly designed to appease the incoming Trump administration,
included loosening Meta’s hate speech policy to allow for the targeting of LGBTQ people and immigrants.
If these changes
—or Meta’s long history of anti-competitive, censorial, and invasive practice…
@Mediagazer@mstdn.socialFox reports Q1 revenue up 4.9% YoY to $3.74B and profit of $599M, down from $827M in Q1 2025; TV unit ad revenue rose 6% YoY to $1.07B, driven by Tubi (Connor Hart/Wall Street Journal)
https://www.wsj.com/business/earnings/fox-revenue-rises-on-higher-ad-sa…
@Techmeme@techhub.socialHP reports Q4 revenue up 4% YoY to $14.6B, forecasts FY 2026 profit below est., and plans to cut 4,000-6,000 jobs through FY 2028; HPQ drops 5% after hours (Dina Bass/Bloomberg)
https://www.bloomberg.com/news/articles/2025-…
@Mediagazer@mstdn.socialStreaming metrics underwent a rethink in 2025, as Netflix and Disney pivoted away from subscriber numbers to revenue per user, engagement, and other metrics (Deadline)
https://deadline.com/2025/12/streaming-report-card-2025-1236651338/
@Techmeme@techhub.socialSources: Databricks is raising $5B and expects sales to grow 55% this year, putting its post-money valuation at $134B, as AI costs squeeze gross profit margins (Cory Weinberg/The Information)
https://www.theinformation.com/articles/datab…
@Techmeme@techhub.socialTether CEO Paolo Ardoino says the company expects to earn close to $15B in profit in 2025, up from around $13B in 2024 (Bloomberg)
https://www.bloomberg.com/news/articles/2025-10-24/stablecoin-leader-tether-expect…
@Mediagazer@mstdn.socialMeta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)
https://www.reuters.com/business/metas-profit-hit-by-16-b…
@Techmeme@techhub.social @Mediagazer@mstdn.socialSources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)
https://www.bloomberg.com/news/articles/2025-12-19/tik…
@Techmeme@techhub.socialSamsung projects Q3 operating profit up 32% YoY to ~$8.47B vs. ~$6.8B est., its biggest quarterly profit in more than three years, as AI development accelerates (Yoolim Lee/Bloomberg)
https://www.bloomberg.com/news/articles/202…
@Techmeme@techhub.socialLenovo reports Q2 revenue up 15% YoY to $20.45B, vs. $20B est., net profit down 5% to $340M, vs. $382M est., but adjusted net profit up 25% to $512M (P.R. Venkat/Wall Street Journal)
https://www.wsj.com/business/earnings/lenovos-quarterly-reve…
@Techmeme@techhub.socialFoxconn reports Q3 revenue of $66.3B, in line with estimates, net profit up 17% YoY to $1.86B, vs. $1.63B exp., says it expects significant YoY growth in Q4 (CNBC)
https://www.cnbc.com/2025/11/12/foxconn-hon-hai-third-quarter…
@Techmeme@techhub.socialKuaishou reports Q3 revenue up 14% YoY to ~$5B and net profit up 37% YoY to ~$632M, above ~$588M est., driven by ad growth and its Kling AI video generator (Sherry Qin/Wall Street Journal)
https://www.wsj.com/business/ea…
@Techmeme@techhub.socialGalaxy Digital reports Q3 net income of $505M and total assets up 27% QoQ to $11.5B, including $1.9B in cash and stablecoins and $3.2B in equity (Blockworks)
https://blockworks.co/news/galaxy-posts-505m-profit
@Techmeme@techhub.socialSources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)
https://www.bloomberg.com/news/articles/2025-12-19/tik…
@Techmeme@techhub.socialOpenAI says it has "completed our recapitalization", the OpenAI Foundation now has equity valued at ~$130B, and it continues to control the OpenAI for-profit (OpenAI)
https://openai.com/index/built-to-benefit-everyone/
@Techmeme@techhub.socialTSMC reports Q3 net profit up 39% YoY to ~$14.8B, beating est., after previously reporting a 30% rise in revenue, the latest sign of robust spending on AI chips (Debby Wu/Bloomberg)
https://www.bloomberg.com/news/articles/20…
@Techmeme@techhub.socialTencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY (Sherry Qin/Wall Street Journal)
https://www.wsj.com/tech/tencent-delivers-
