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Tech Meme

The EU Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders; Apple says it will appeal, and Meta says it likely would (Wall Street Journal) 23-04-2025

Wall Street Journal: The EU Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders; Apple says it will appeal, and Meta says it likely would  —  Fines come as European officials pursue trade talks with the Trump administration  —  BRUSSELS—The European Union fined Apple … Lees verder op Tech Meme

FTC v. Meta: the first two weeks have been like entering a time warp, focusing on long-dead apps like Path, underscoring the FTC's challenge in bringing a case (New York Times) 23-04-2025

New York Times: FTC v. Meta: the first two weeks have been like entering a time warp, focusing on long-dead apps like Path, underscoring the FTC’s challenge in bringing a case  —  In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path, Orkut and Google Plus boomed. Lees verder op Tech Meme

Trump's chip tariffs may lead to even more overseas manufacturing to offset costs, not creating self-sufficiency; the US should focus on China's chip subsidies (Chris Miller/Financial Times) 23-04-2025

Chris Miller / Financial Times: Trump’s chip tariffs may lead to even more overseas manufacturing to offset costs, not creating self-sufficiency; the US should focus on China’s chip subsidies  —  A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in America Lees verder op Tech Meme

Sources: Cantor's Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex (Financial Times) 23-04-2025

Financial Times: Sources: Cantor’s Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme

Meta's Oversight Board says Meta's new hate speech policies were “announced hastily” in January 2025 and asks Meta to assess the impact on vulnerable users (Maxwell Zeff/TechCrunch) 23-04-2025

Maxwell Zeff / TechCrunch: Meta’s Oversight Board says Meta’s new hate speech policies were “announced hastily” in January 2025 and asks Meta to assess the impact on vulnerable users  —  Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions … Lees verder op Tech Meme

Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024 (Bloomberg) 23-04-2025

Bloomberg: Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker … Lees verder op Tech Meme

The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance (Connor Jones/The Register) 23-04-2025

Connor Jones / The Register: The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance  —  What used to be a serious issue mainly in Southeast Asia is now the world’s problem  —  Scam call centers are metastasizing worldwide … Lees verder op Tech Meme

Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets (Bloomberg) 23-04-2025

Bloomberg: Elon Musk says production of Tesla’s humanoid robot Optimus is affected by China’s recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company’s earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”. Lees verder op Tech Meme

Noxtua, which develops AI tech to research, analyze, and draft legal documents, raised an €80.7M Series B led by C.H. Beck, Germany's leading legal publisher (Mike Butcher/TechCrunch) 23-04-2025

Mike Butcher / TechCrunch: Noxtua, which develops AI tech to research, analyze, and draft legal documents, raised an €80.7M Series B led by C.H. Beck, Germany’s leading legal publisher  —  Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. Lees verder op Tech Meme

A look at New Mexico's efforts to become a quantum computing hub through partnerships between the state, its universities, and national labs and companies (Belle Lin/Wall Street Journal) 23-04-2025

Belle Lin / Wall Street Journal: A look at New Mexico’s efforts to become a quantum computing hub through partnerships between the state, its universities, and national labs and companies  —  Partnerships between the state, its universities and its national labs demonstrate the Mountain West’s ambitions in quantum technology Lees verder op Tech Meme