Melvin Wong

#Taiwa ~ #Facebook - Ongoing growth of value. Meta Q1 FY 24 Meta has two business segments: FoA: Family of Apps (Facebook, Instagram, Messenger, and WhatsApp). RL: Reality Labs (virtual reality hardware and supporting software). FoA Daily Active People grew +7% Y/Y to 3.24 billion. Zuck called out healthy growth in the US, on WhatsApp specifically. As expected, management stopped reporting Facebook standalone numbers. 📊 Ad impressions grew +20% Y/Y (vs. +21% Y/Y in Q4). Average price per ad grew +6% Y/Y (vs. +2% Y/Y in Q4). Growth was strongest in Europe and Rest of World. The average revenue per person grew +18% Y/Y to $11.20. Higher engagement met continued strong advertising demand. For context, 💰 Operating cash flow was $19.2 billion (53% margin, +4pp Y/Y). Free cash flow was $12.5 billion (34% margin, +10pp Y/Y). Balance sheet: Cash, cash equivalent, and marketable securities: $71.5 billion. Long-term debt: $18.4 billion. 👀 Q2 FY24 revenue was $37.7 billion in the mid-range ($38.3 billion expected). FY24 expenses $96-$99 billion (previously $94-$99 billion). FY24 Capex $35-40 billion (previously $30-$37 billion). So what to make of all this? User net additions were consistent with Q4 metrics. Meta still found a way to add another 50 million users to its Family of Apps. However, it was a slight slowdown after four consecutive quarters of accelerating growth. Revenue grew +27% Y/Y in constant currency. It was another acceleration from +23% Y/Y in Q4. The usual suspects were behind ad revenue growth: The online commerce vertical was the largest contributor to year-over-year growth, followed by gaming and entertainment & media. Growth was strongest in Rest of World (40%) and Europe (33%). 💻 m Reality Labs revenue grew 30%, driven by Quest 3. The lower loss for this segment was primarily due to a favorable comp with restructuring costs last The operating margin improved following the “year of efficiency.” Meta incurred $3.5 billion in restructuring charges in FY23 (primarily facilities consolidation and employee severance costs). However, it was slightly down sequentially. 💰 Returning cash to shareholders: Stock buybacks were $15 billion in Q1, a huge increase compared to $9 billion in the prior year. Management still finds the stock attractive enough. They also paid $1.3 billion in dividends. Free cash flow hit a Q1 record, another manifestation of the year of efficiency. While Meta loses nearly $16 billion annually on Reality Labs, the company remains a cash-printing machine ($48 billion in free cash flow in the past 12 months). FY24 Capex and operating expenses were raised, primarily due to higher infrastructure investment to support the AI roadmap. Meta Facebook Taiwa - Reach made simple.

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昨年から開発している東洋医学のアルゴリズムで美容と健康を占う五行ドクターがいよいよ完成間近。 現在バグだし最中で、今週に台北におけるATLIFE台湾2024、 5月16日(木)～ 5月19日(日)に初の参考出品します。 五行に馴染みのある中華圏の人々の反応がどうか、興味深々です。 完成したら、URLを公開予定です。 基本機能は無料で、その日その時間の肌と健康状態を占います。 The Gogyo Doctor, which we have been developing since last year and uses an algorithm from traditional Chinese medicine to predict beauty and health, is nearing completion. We are currently working on bug fixes, and will be exhibiting it for the first time at ATLIFE Taiwan 2024 in Taipei this week, from May 16th (Thurs) to May 19th (Sun). I am very interested to see how people in Taiwanese reacts it, who are familiar with the Wǔháng. We plan to release the URL once it is completed. The basic functions are free of charge, and it predicts your skin and health condition at that time of day.

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Welcome to Ether Dialogue Builder! Your go-to app for creating chatbots without any coding skills! #Chatbot #AI #ArtificialIntelligence #MachineLearning #Automation#linkedin #instagram #facebook #twitter #socialmedia #marketing #business #digitalmarketing #youtube #socialmediamarketing #linkedinprofile #google #linkedintips #b #linkedinmarketing #jobsearch #pinterest #seo #resume #entrepreneur #career #cv #personalbranding #networking #branding #tiktok #linkedinlife #motivation #n #jobs

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Welcome to Ether Dialogue Builder! Your go-to app for creating chatbots without any coding skills! #Chatbot #AI #ArtificialIntelligence #MachineLearning #Automation #linkedin #instagram #facebook #twitter #socialmedia #marketing #business #digitalmarketing #youtube #socialmediamarketing #linkedinprofile #google #linkedintips #b #linkedinmarketing #jobsearch #pinterest #seo #resume #entrepreneur #career #cv #personalbranding #networking #branding #tiktok #linkedinlife #motivation #n #jobs

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Supabase Storage: now supports the S3 protocol via Supabase

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#生成AINews : ClaudeがiOSアプリをリリース https://lnkd.in/gHKGMHGy 比較的OCRの精度がいいので、以下のようなことができます。 ＜基本編＞ ・名刺を読ませて、メールアドレスなど連絡先を書き写す手間を削減する → 結構間違うので注意 ・紙でしかない表などのデータを取って、CSVに数字を起こす ・レシートを読ませて、金額をコピペして家計簿につける 　→ iOS + Macなら、iPhoneでコピーしてMacでペーストできるので結構良いかも。 ＜応用編＞ レシートを読み取って、物語を語らせるという暇つぶしも可能。 →やってみた（添付） --- #GeneratedAINews : Claude releases iOS app. https://lnkd.in/gHKGMHGy With relatively good OCR accuracy, you can do the following. - Basic version Read business cards to reduce the need to transcribe contact details such as email addresses.  → The app can be used to read business cards and reduce the time and effort of transcribing contact details such as email addresses. The system can also be used to generate CSV data from tables and other data that are only available on paper. Read receipts, copy and paste the amounts and add them to a household account book. → If you use iOS + Mac, you can copy on your iPhone and paste on your Mac, so it's pretty good. - Application You can also pass the time by reading receipts and having it tell you a story. →I tried it.(Capture. Sorry Japanese only.) Translated with www.DeepL.com/Translator (free version)

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🇯🇵 Cultivating Cross-border collaboration 🌍 Cross-border collaboration is reshaping the global startup landscape, with Japan emerging as a key player in this international exchange. The Land of the Rising Sun is not just exporting innovative technologies but also welcoming foreign startups with open arms. 🇯🇵 Tokyo's startup ecosystem, is becoming a magnet for international entrepreneurs. Different initiatives and events are breaking down barriers, creating a melting pot of global innovation right in the heart of Japan. 🇩🇪 The strong connection between Japan and North Rhine-Westphalia (NRW) in Germany showcases the power of international ties. As the most important location for Japanese companies in continental Europe, NRW offers a springboard for Japanese startups looking to expand westward. 💼 At 8 Impact, we're at the forefront of this cross-border movement, supporting and financing international expansions for scaleups both to and from Japan. Our mission is to facilitate seamless global growth, connecting innovative minds across borders. 🚀 The future of innovation is borderless, and Japan is playing a pivotal role in this global narrative. From fintech to robotics, Japanese startups are not just going global - they're inviting the world to join them in shaping the future of technology and business. #pe #scaleup #finance #vc

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🔍 Are you on a quest to unlock the secrets of #EntrepreneurialSuccess in Gaming? Look no further! Watch the enlightening discussion with KJ Jia, Founder & Partner at OnePiece Labs, as he delves into the transformative power of the 3Ys and the dynamic #Gamefi Mindset. In this captivating conversation, KJ shares invaluable insights on the essence of entrepreneurship, emphasizing the importance of asking pivotal questions: Why this? Why you? Why now? Discover how passion, problem-solving, and impeccable timing converge to pave the path to success in the ever-evolving landscape of entrepreneurship. But that's not all! He also explores the captivating realm of Gamefi, where gaming meets finance, and where success is defined by a 5% game and a staggering 95% finance. KJ sheds light on the allure of investing in the next Web3 game, promising a thrilling journey filled with excitement and opportunity. 🔗 Watch the full conversation here: https://lnkd.in/ddnzkYZB #Web3 #Defi #Gaming #Entrepreneurship #Success #Innovation #Startups #BusinessInsights #LeadershipDevelopment

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Regional Event | Web3wave with ChainUp and Coinrate.pro in Taipei. Join our regional event with ChainUp and Coinrate.pro in Taipei, Taiwan on May 19th from 6-8 PM at MaiCoin, Ltd. Taipei. This event is tailored for C-level #executives, Web3 #investors, blockchain #entrepreneurs, Web3 #Startups and Crypto #Traders. Coinrate.pro is honored to be invited by ChainUp to join this event. With Web3's aggressive ongoing, traditional finance is being transformed to a new high level. In this event, Coinrate.pro is about to introduce the market making effect on Web3 tokenomics and the future of market making in the crypto space. Speakers: ChainUp : Jun-Wei Chen Coinrate.pro : Wilson Chen Register now on Luma: https://lu.ma/e8eufcbw #Web3 #crypto #blockchain #event #forum #taipei #free #MaiCoin #marketmaking #asset #tokenomics

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Chinese Tech Takeover: Are DJI-Powered Drones Too Risky for the U.S.? Anzu Robotics: The American Facade Anzu Robotics, a U.S.-based startup, is making waves by selling drones equipped with technology from DJI, a Chinese firm. The New York Times reports that the company aims to appease U.S. concerns about Chinese-made drones, but its ties to China run deep. Despite being headquartered in Texas and assembling drones in Malaysia, Anzu’s drones heavily rely on Chinese parts and software. This connection raises questions about Anzu’s independence from DJI. The Chinese Connection Anzu’s CEO, Randall Warnas, revealed that DJI approached U.S. drone-industry executives, proposing a way to make DJI technology suitable for the U.S. […] by Haye Kesteloo #drone #drones #Arkansas #China #DataSecurity #DJI #DroneIndustry #Drones #Kansas #Legal #NewYork #Texas #Washington

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GenSpark, a startup in artificial intelligence search, has secured $60 million in an oversized seed funding round. Founded by former Baidu executives, the company aims to challenge Google's dominance in the search market. Leading the funding is Singapore-based Lanchi Ventures, valuing Genspark at $260 million despite currently having no revenue. Lanchi Ventures, previously BlueRun Ventures China, rebranded last year to distinguish itself from its Silicon Valley origins. Headquartered in Palo Alto, California, Genspark utilizes AI models from various providers to index and summarize information. What sets it apart is its use of multiple specialized AI agents to generate customized pages for each query, streamlining information delivery onto a single page. CEO Eric Jing, formerly of Baidu's Xiaodu unit, leads the team of 20 split between Palo Alto and Singapore, with plans to expand to Seattle. Genspark targets the U.S. market with a free-to-use model, potentially exploring paid subscriptions later. It leverages a range of large language models including Meta's Llama and OpenAI's GPT models. Genspark's funding arrives amidst heightened competition in the search engine market fueled by advancements in AI technology. Competitors like You.com are also raising significant funding, reflecting the growing interest in AI-driven information retrieval. #Genspark #AI #ArtificialIntelligence #SeedFunding #FundingAlert #FundraiserAlert #LanchiVentures #VentureCapital #CustomizedPages #TechInnovation #LLM #AllBoutCorps

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𝗞𝘂𝗮𝗶𝘀𝗵𝗼𝘂 𝗨𝗻𝘃𝗲𝗶𝗹𝘀 𝗞𝗟𝗜𝗡𝗚: 𝗔 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝗧𝗲𝘅𝘁-𝘁𝗼-𝗩𝗶𝗱𝗲𝗼 𝗔𝗜 𝗠𝗼𝗱𝗲𝗹 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗦𝗼𝗿𝗮 Chinese tech giant Kuaishou has introduced 𝙆𝙇𝙄𝙉𝙂, a groundbreaking text-to-video AI model capable of generating high-quality videos up to 2 minutes long. With outputs that seem to rival OpenAI’s highly anticipated but still-unreleased Sora, KLING is poised to make a significant impact in the AI video generation landscape. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝗞𝗟𝗜𝗡𝗚: 🔑High-Resolution Output: KLING can produce videos at 1080p resolution, surpassing the 1-minute video length of OpenAI’s Sora demos. 🔑Realistic and Surreal Demos: The demos include realistic scenarios like a man eating noodles and scenic shots, as well as surreal clips such as animals dressed in clothes. 🔑Advanced Technology: Utilizing a 3D space-time attention system, KLING can simulate complex motion and physical interactions, providing a more lifelike experience. 𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: These advancements are particularly striking given the rapid evolution of AI video technology. Just a year ago, AI-generated videos were struggling with basic realism, exemplified by the infamous Will Smith spaghetti-eating clip. Now, with KLING available as a public demo on the KWAI iOS app for Chinese users, Kuaishou is leading the charge in the next generation of AI video generation. As users eagerly await the public release of Sora, competitors like Kuaishou are stepping up, promising a heated and exciting future for AI video technology. 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿: 👁️Data Sources and responsability: What data feeds this powerful model? Is there transparency and accountability regarding the sources of this data? Is there a responsibility of the sources providing this data? How are they ensuring ethical and unbiased input? 👁️Content Creation and Polarization: With the potential for anyone to create their own content, will society become even more polarized? Could this technology reinforce existing beliefs and limit exposure to diverse opinions? 👁️Implications for Control: What are the implications for control and manipulation? Could governments or other powerful entities use algorithms to control narratives and stories, and what does this mean for individual freedom and societal discourse? These questions highlight the profound societal and ethical considerations as we move forward into an era where AI-generated content becomes more prevalent and sophisticated. The potential for both positive innovation and negative manipulation makes it crucial for us to address these concerns proactively. https://lnkd.in/dij2nGQN

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