Tech Meme

Saritha Rai / Bloomberg: Sources: Mukesh Ambani’s Reliance is buying Nvidia’s AI chips and plans to build a 3-gigawatt data center in Jamnagar, India, set to be the largest in the world  —  – Reliance joins rush of tech companies building data centers … Mukesh Ambani’s Reliance Group is building what may become … Lees verder op Tech Meme

Jonathan Stempel / Reuters: The US DOJ charges the former CEO of AI chatbot startup GameOn and his wife for allegedly defrauding investors of more than $60M between 2018 and 2024  —  The founder of GameOn, a San Francisco artificial intelligence startup, has been indicted for running a “brazen and wide-ranging” … Lees verder op Tech Meme

Financial Times: Sources: Stargate lacks a fully developed plan, hasn’t secured funding yet, will get no government support, and will exclusively serve OpenAI once operational  —  Donald Trump has called the SoftBank-backed venture a ‘resounding declaration of confidence in America’s potential’ Lees verder op Tech Meme

Akila Quinio / Financial Times: HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank  —  Closure marks latest failed fintech effort by traditional bank  —  HSBC is shutting its payments app Zing just a year … Lees verder op Tech Meme

Bloomberg: At Davos, Trump blasts EU for targeting Apple, Google, and Meta, describing regulatory cases as “a form of taxation”, and references Apple’s €13B Irish tax bill  —  – Comments mark start of clash between Trump, EU over tech  — Apple lost case last year over $14.4 billion Irish tax bill Lees verder op Tech Meme

Bloomberg: Sources: Daniel Guarnera, a DOJ lawyer who helped file US antitrust lawsuits against Google and Apple, has been picked to lead the FTC’s Bureau of Competition  —  – Daniel Guarnera picked to lead FTC’s Bureau of Competition  — Chris Mufarrige tapped to head Bureau of Consumer Protection Lees verder op Tech Meme

Donald Judd / CNN: Trump shrugs off Musk’s criticism of Stargate, saying Musk “hates one of the people in the deal” and his comments are not an indictment of the deal’s viability  —  President Donald Trump on Thursday shrugged off an ugly back-and-forth between tech CEOs Elon Musk and Sam Altman … Lees verder op Tech Meme

MacKenzie Sigalos / CNBC: Trump signs an EO to create a crypto working group led by David Sacks to consider a national digital asset stockpile “potentially derived” from seized crypto  —  President Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S … Lees verder op Tech Meme

Bloomberg: At Davos, Trump blasts EU for targeting Apple, Google, and Meta, describing regulatory cases as “a form of taxation”, and references Apple’s €13B Irish tax bill  —  – Comments mark start of clash between Trump, EU over tech  — Apple lost case last year over $14.4 billion Irish tax bill Lees verder op Tech Meme

Associated Press: Trump signs an EO to develop AI systems “free from ideological bias or engineered social agendas”, revoking Biden policies that “act as barriers” to innovation  —  President Donald Trump signed an executive order on artificial intelligence Thursday … Lees verder op Tech Meme