Tech Meme

Bloomberg: Sources: the EU Commission and four member nations plan a probe into Shein over illegal products, opening the fast fashion marketplace up to potential fines  —  The Chinese-founded massive online marketplace Shein faces potential fines with the European Union imminently set to open a probe … Lees verder op Tech Meme

Byron Kaye / Reuters: Mental health and extremism experts say Australia exempting YouTube from its under-16 social media ban exposes children to addictive and harmful content  —  Australia’s government carved out an exemption for YouTube when it passed laws banning social media access for children under 16 … Lees verder op Tech Meme

Foo Yun Chee / Reuters: Intel received €515.55M in default interest from the EU after being reimbursed a €1.06B fine levied in 2009; the EU’s top court sided with Intel in October 2024  —  U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest … Lees verder op Tech Meme

Financial Times: The US’ largest companies, including Visa, United, Oracle, and Amazon, are cutting deals with Elon Musk’s businesses as he solidifies his power in government  —  Companies from Boeing to Amazon have sought out the world’s richest man as he seeks to remake US government Lees verder op Tech Meme

Washington Post: An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election’s biggest donor; Musk’s America PAC raised $263M  —  Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates … Lees verder op Tech Meme

Bloomberg: The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung  —  – Seoul court upholds Jay Y. Lee’s earlier victory on appeal  — The Samsung scion can now focus on turning around the firm Lees verder op Tech Meme

Foo Yun Chee / Reuters: Intel received €515.55M in default interest from the EU after being reimbursed a €1.06B fine levied in 2009; the EU’s top court sided with Intel in October 2024  —  U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest … Lees verder op Tech Meme

Financial Times: Analysis: Meta has invested $80B+ in AR and VR since 2014 when it bought Oculus, and is on track to top $100B in 2025; a source says it sold 1M Ray-Bans in 2024  —  Chief executive Mark Zuckerberg has declared 2025 will be a ‘defining year’ after more than a decade of heavy losses Lees verder op Tech Meme

Foo Yun Chee / Reuters: Intel received €515.55M in default interest from the EU after being reimbursed a €1.06B fine levied in 2009; the EU’s top court sided with Intel in October 2024  —  U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest … Lees verder op Tech Meme

Foo Yun Chee / Reuters: Intel received €515.55M in default interest from the EU after being reimbursed a €1.06B fine levied in 2009; the EU’s top court sided with Intel in October 2024  —  U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest … Lees verder op Tech Meme