Tech Meme

Manish Singh / TechCrunch: AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and said its spending will support 131,700 full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday … Lees verder op Tech Meme

Nikkei Asia: Micron will invest up to $3.6B in Japan over the next few years, including in a DRAM chipmaking plant in Hiroshima prefecture with support from the government  —  State-of-the-art production line to be built in Hiroshima prefecture  —  Sanjay Mehrotra, Micron Technology’s CEO … Lees verder op Tech Meme

Todd Spangler / Variety: YouTube unveils 30-second unskippable ads on top-performing videos on TVs and says 150M+ unique US viewers watched YouTube or YouTube TV on TVs in December 2022  —  Google’s video giant says it reaches more than 150 million U.S. monthly viewers on TV screens Lees verder op Tech Meme

Jay Peters / The Verge: Montana plans to ban apps allegedly “tied to foreign adversaries”, including Telegram, WeChat, and shopping app Temu, from state devices effective June 1, 2023  —  On Wednesday, Montana governor Greg Gianforte didn’t only ban TikTok state-wide.  He also accused Telegram, WeChat … Lees verder op Tech Meme

CoinDesk: Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application  —  Grayscale announced last month that the SEC suggested FIL might be a security.  —  CORRECTION (May 18, 2023, 00:25 UTC) … Lees verder op Tech Meme

Tatum Hunter / Washington Post: Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent  —  The app allegedly shared sensitive user information with China-based companies known for privacy problems Lees verder op Tech Meme

Wall Street Journal: Montana Governor Greg Gianforte signs the country’s first bill that bans TikTok in a state, set to go into effect on January 1, 2024  —  Ban is slated to take effect next year—if it survives expected litigation  —  Montana’s governor signed the country’s first bill that outright bans TikTok … Lees verder op Tech Meme

Alex Weprin / The Hollywood Reporter: Netflix says its ad tier has nearly 5M global MAUs, with a median age of 34, six months after launch, and makes up 25%+ of signups in countries with the option  —  In its inaugural upfront advertising event, executives touted the the streaming service’s growing ad tier, and unveiled new sponsorship options. Lees verder op Tech Meme

Bloomberg: Cisco reports Q3 revenue up 14% YoY to $14.6B, vs. $14.4B est., net income up 6% YoY to $3.2B, also beating estimates, and a strong Q4 sales forecast  —  Cisco Systems Inc., the largest maker of machines that run computer networks and the internet, said orders declined 23% in the past quarter … Lees verder op Tech Meme

The Information: Sources: Snowflake is in advanced talks to acquire Neeva, possibly for AI tools to help companies search internal data; Neeva also shopped itself to Databricks  —  Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … Lees verder op Tech Meme