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Himax to Debut Breakthrough Ultra-Luminous Miniature Dual-Edge Front-lit LCoS Microdisplay at SID Display Week 2025
Globenewswire· 2025-05-09 07:50
Setting the Standard for Next-Gen AR Applications and Optical Systems with Industry-Leading Brightness, Power Efficiency and an Ultra-Compact Form FactorTAINAN, Taiwan, May 09, 2025 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the unveiling of its miniature ultra-luminous Dual-Edge Front-lit LCoS microdisplay at Display Week 2025. Organized by the Society fo ...
The COO of Reality Labs is leaving Meta after nearly 11 years
Business Insider· 2025-05-07 21:58
Dan Reed, the chief operating officer of Meta's Reality Labs division, is stepping down after nearly 11 years at the company. Reed's departure marks another leadership change at a time when the division faces mounting internal and external pressure.Reed announced his exit Wednesday in a LinkedIn post, reflecting on his time building what he described as a "fast-growing, multibillion-dollar consumer technology business" spanning AI wearables, augmented and mixed reality, and the metaverse. "I see SO much ...
Epic Games' CEO says fighting Apple cost his company more than $1 billion. He says it was worth it.
Business Insider· 2025-05-06 10:01
Core Viewpoint - The recent court ruling represents a significant victory for Epic Games and its CEO Tim Sweeney, potentially altering the operational framework of Apple's App Store and enhancing digital freedoms for developers and consumers [1][2]. Group 1: Importance of the Ruling - The ruling is crucial for the future of digital freedoms, emphasizing the need for consumers and developers to have the ability to conduct business without monopolistic constraints [5]. - The ruling allows developers to inform users about better payment options outside of the App Store, which could lead to more competitive pricing and increased revenue for developers [10][11]. - The ruling may prompt Apple to reconsider its fee structure, as developers could shift towards alternative payment methods if Apple does not improve its offerings [11][12]. Group 2: Financial Implications - Epic Games has incurred over $100 million in legal fees during the five-year legal battle against Apple, with potential lost revenue from iOS estimated at hundreds of millions due to the absence of Fortnite on the platform [16][17]. - The impact of being excluded from iOS could exceed a billion dollars when considering both direct and indirect losses, including future player engagement [20]. - Investors have largely supported Epic's long-term vision, believing in the potential of the company to create a broader ecosystem beyond just gaming [23]. Group 3: Developer Ecosystem - The ruling highlights the disparity in Apple's treatment of different app categories, where game developers faced stricter rules compared to "reader apps" like Netflix and Spotify [8]. - The ability for developers to direct users to better deals could reshape the competitive landscape of app monetization, allowing for a more equitable digital economy [10][11]. - Epic Games positions itself as a champion for all developers, advocating for a fairer marketplace that allows for innovation and profit-sharing among a diverse range of creators [24][25].
Meta Platforms Is Ramping Up Data Center and AI Investments. Is the Growth Stock a Buy Now?
The Motley Fool· 2025-05-05 16:15
Meta Platforms (META 0.54%) rocketed 4.2% higher on Thursday in response to strong first-quarter earnings. The stock has erased almost all of its year-to-date losses in recent weeks, and, at the time of this writing, it is just a couple of percentage points off from being even on the year.Here's why the company's latest results -- and management commentary on the earnings call -- reinforce its underlying investment thesis, and why Meta is a top growth stock to buy now. Family of apps continues to drive high ...
BIGG Digital Assets Inc. Reports Audited Financial Results for 2024
Globenewswire· 2025-05-01 01:42
Core Insights - BIGG Digital Assets Inc. reported a net loss of CAD 25.83 million for fiscal 2024, compared to CAD 11.07 million in 2023, with a normalized net loss of CAD 1.29 million before tax liabilities and goodwill impairment [3] - The company achieved gross operating revenue of CAD 12.43 million in 2024, a significant increase from CAD 6.5 million in 2023, driven primarily by Netcoins [4] - Netcoins revenues surged by 112% year-over-year to CAD 10.56 million, with a trading volume of CAD 831 million, while active users increased by 30% to approximately 42,406 [4][6] - Blockchain Intelligence Group's revenues rose by 11% year-over-year to CAD 1.67 million, although its margin rate decreased to 69% due to higher costs [4] - TerraZero generated CAD 0.2 million in revenue, focusing on the development of its Intraverse platform, which is expected to launch revenue-generating activities in fiscal 2025 [3][4] Financial Performance - The company recorded a tax liability provision of CAD 8.46 million related to a GST/HST reassessment by CRA, which it is contesting [4] - A goodwill impairment of CAD 16 million was recorded due to the acquisition of TerraZero, attributed to the nascent nature of the industry and lack of comparable companies [4] - As of December 31, 2024, BIGG's cash and crypto holdings were approximately CAD 25.1 million, with no debt [4] Business Developments - The launch of TerraZero's Intraverse platform is anticipated to generate revenues in fiscal 2025, targeting a young user base familiar with Web3 [3][8] - Blockchain Intelligence Group introduced two new products: TokenEyes, a consumer-focused security app, and QLUE Express, a streamlined investigative tool [7] - The company aims to integrate blockchain and crypto into the Intraverse platform, creating a creator economy and social network [8] Market Position - BIGG Digital Assets operates across three segments: immersive metaverse experiences (TerraZero), a cryptocurrency trading platform (Netcoins), and big data/blockchain technology solutions (Blockchain Intelligence Group) [9] - Netcoins currently has customer assets under custody of approximately CAD 174 million, with a treasury of fiat and crypto assets valued at around CAD 30 million [11]
扛住关税压力加码AI!Meta Q1广告收入仍两位数增长 大幅上调今年支出指引
Hua Er Jie Jian Wen· 2025-04-30 21:42
美东时间4月30日周三,Meta公布截至2025年3月31日的公司第一季度财务数据,以及二季度及全年的业绩指引。 今年一季度,经营Facebook等社交媒体的数字广告巨头Meta扛住了特朗普政府关税风暴将至的冲击,营收和盈利增长放缓程度没有华尔街预期的严重,"现 金牛"广告的收入总体稳健。Meta还大幅提高了今年的资本支出预期规模,进一步加码人工智能(AI)相关投入。 财报公布后,收跌近1%的Meta股价周三盘后拉升,盘后一度涨6%。 1)主要财务数据 营收:一季度营收423.1亿美元,同比增长约16%,分析师预期413.8亿美元,四季度增长21%。 EPS:一季度稀释后每股收益(EPS)为6.43美元,同比增长约37%,分析师预期5.25美元,四季度增长50.5%。 资本支出:包括融资租赁的本金支付在内,一季度资本支出136.9亿美元,同比增长103.7%,分析师预期142.39亿美元,四季度同比增长87.8%。 营业利润:一季度营业利润为175.6亿美元,同比增长约27%,四季度增长43%。 净利润:一季度净利润166.4亿美元,同比增长约35%,四季度增长49%。 2)细分业务数据 广告:一季度广告收入 ...