Tech Meme

Jiyoung Sohn / Wall Street Journal: TrendForce: TSMC’s global foundry revenue share will hit 64% in 2024, up from 51% in 2019, while Samsung’s share is set to drop to 10%, down from 16% in 2019  —  South Korean tech giant’s rivals seize ground in memory and contract manufacturing  —  SEOUL—For a major maker of semiconductors … Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Uber announces ride-hailing and delivery updates: an EV-only Uber Green in 40 cities, a GPT-4o-powered chatbot to answer drivers’ EV questions, and more  —  Uber is holding its annual Go-Get conference in London today.  As part of the event, the company is rolling out a number of changes … Lees verder op Tech Meme

Chris Miller / Financial Times: Israel compromising Hezbollah pagers shows the West should take hardware security more seriously, especially as most electronics manufacturing shifted to Asia  —  Unreliable suppliers can modify devices, yet companies devote few resources to verifying the origin of components Lees verder op Tech Meme

Bloomberg: Filing: Saudi Arabia’s PIF sold ~17.3M Nintendo shares between August 21 to October 1, lowering its stake to 7.54%, despite an exec saying it wants to buy more  —  – PIF had cut stake in games company over six weeks on market  — Wealth fund presented itself as long-term investor in content Lees verder op Tech Meme

Supantha Mukherjee / Reuters: Dublin-based Appeals Centre, backed by Meta’s Oversight Board, launches to moderate disputes between EU users and Facebook, TikTok, and YouTube under the DSA  —  Social media users in the European Union will be able to make complaints against Facebook, ByteDance’s TikTok and Alphabet’s … Lees verder op Tech Meme

Kati Pohjanpalo / Bloomberg: The Royal Swedish Academy of Sciences awards the Nobel Prize in physics to John Hopfield and Geoffrey Hinton for “foundational discoveries” in machine learning  —  – John J. Hopfield, Geoffrey E. Hinton worked on neural networks  — Their work laid foundations for machine leaning and AI Lees verder op Tech Meme

Kathrin Hille / Financial Times: Foxconn Chair Young Liu says the company plans to build a plant in Mexico’s Guadalajara to make Nvidia GB200 Blackwell AI servers, as tech decouples from China  —  Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China  —  Electronics manufacturing group Foxconn … Lees verder op Tech Meme

Bloomberg: A US bankruptcy judge approves repaying FTX customers, and FTX is in talks over $1B in seized US assets; in June 2024, FTX had $12.6B, which may rise to $16.5B  —  – FTX judge approves plan to distribute at least $12.6 billion  — Company in talks over $1 billion seized by prosecutors Lees verder op Tech Meme

Stephanie Stacey / Financial Times: Online gig platforms sought to increase their “take rates” amid slowing growth; PitchBook: Fiverr and Upwork are trading at less than 20% their pandemic peaks  —  Fiverr and Upwork rocketed in value during pandemic lockdowns but are now hit with slowing growth Lees verder op Tech Meme

Will Knight / Wired: A look at OpenAI’s ongoing talent exodus, seeming shift in hiring priorities, deep bench of young talent, and the intensifying competition to hire the next wave  —  OpenAI built a reputation for making bold research bets before others.  After a recent brain drain, it needs to attract a new generation of researchers to keep this going. Lees verder op Tech Meme