HPE Q4: revenue up 7% YoY to $7.87B, vs. $7.37B est., including Intelligent Edge up 18% YoY to $965M, HPC & AI down 14% YoY to $862M, and Compute up 16% YoY (Kathryn Hardison/Dow Jones Newswires)

Mike Wheatley / SiliconANGLE:
Open Compute Project unveils Caliptra, a Root of Trust specification to provide verifiable cryptographic assurances of an ASIC’s or SoC’s security configuration  —  Key members of the Open Compute Project have come together to create a new open specification for a silicon Root of Trust …

Kathryn Hardison / Wall Street Journal:
South Korean company Naver agrees to acquire Poshmark for $17.90 per share, representing an enterprise value of ~$1.2B; Poshmark stock rose 14%+ after hours  —  The boards of both companies approved the transaction  —  Naver Corp. 035420 -1.53%▼ plans to acquire Poshmark Inc. …

Kathryn Hardison / Wall Street Journal:
Carvana says it will lay off about 1,500 people, or ~8% of its workforce, adding to the ~2,500 workers it laid off in May 2022  —  Planned workforce reductions come as demand from consumers remains under pressure  —  How Carvana’s Stock Crashed: What Went Wrong  —  Created with sketchtool.

Jordan Novet / CNBC:
Zoom reports Q3 revenue up 5% YoY to $1.1B, Enterprise customers up 14% YoY to ~209.3K, and a FY 2023 revenue guidance below estimates; stock drops 7%+  —  – Zoom made a slight downward revision to its revenue guidance, and investors responded by pushing the stock lower.

Jordan Novet / CNBC:
Adobe reports Q4 revenue up 10% YoY to $4.53B, Digital Media revenue up 10% YoY to $3.3B, and Digital Experience revenue up 14% YoY to $1.15B; stock is up 5%+  —  – Adobe maintained its forecast for the new fiscal year.  — The company’s earnings for the fiscal fourth quarter was strong …

Kathryn Tewson / Techdirt:
Hands-on with DoNotPay, a service claiming to be the first robot lawyer: slow, drafted a terrible defamation demand letter, missed legal issues, and more  —  Note: This post is an adaptation of what started initially as a Twitter thread.  —  I’ve been going pretty hard on DoNotPay …