Bloomberg: Sources: TSMC is in talks to spend between €7B and €10B to build a chip plant in Saxony, subsidized by Germany and in partnership with NXP, Bosch, and Infineon — Taiwan Semiconductor Manufacturing Co. is in talks with partners to spend as much as €10 billion ($11 billion) … Lees verder op Tech Meme
Spencer Soper / Bloomberg: Thrasio, Razor, Perch, and other Amazon “aggregators” that raised $16B in mostly debt are struggling under rising rates, higher costs, and cooling online demand — During the pandemic, Wall Street banks and private equity firms invested billions of dollars in startups rolling … Lees verder op Tech Meme
Jay Newman / Financial Times: Apple’s investors should be worried that China controls the company’s factories, workforce, and local market access, all of which could be quickly taken away — What happens when the SEC, auditors and investors wake up? — Jay Newman was a senior portfolio manager at Elliott Management. Lees verder op Tech Meme
Sam Tobin / Reuters: The UK Competition Appeal Tribunal rejects the CMA’s appeal to a ruling that the regulator cannot investigate Apple’s mobile browser and cloud gaming services — Britain’s antitrust regulator was on Wednesday refused permission to appeal against a ruling that it had no power to open … Lees verder op Tech Meme
Diana Li / Bloomberg: Airbnb announces Airbnb Rooms, a new category for individual rooms, and 50+ features and upgrades to improve price transparency, checkout procedures, and more — Airbnb Inc. is revamping the home-rental platform in an effort to ease mounting tensions between guests and hosts ahead of what it expects to be a busy summer travel season. Lees verder op Tech Meme
Aisha Malik / TechCrunch: Mozilla acquires NYC-based Fakespot, which helps users identify fake or unreliable reviews, and plans to introduce Fakespot functionality to Firefox over time — Mozilla announced today that it has acquired Fakespot, a startup that offers a website and browser extension that helps users identify fake or unreliable reviews. Lees verder op Tech Meme
Alexandra Bruell / Wall Street Journal: TikTok announces Pulse Premiere, which lets select publishers, such as Condé Nast, BuzzFeed, and NBC, sell ads alongside their posts and keep 50% of the revenue — New product will let publishers sell ads alongside their posts and take home half the revenue Lees verder op Tech Meme
Kyle Wiggers / TechCrunch: Pando, which develops supply chain management software, raised a $30M Series B led by Iron Pillar and Uncorrelated Ventures, bringing its total funding to $45M — Signaling that investments in the supply chain sector remain robust, Pando, a startup developing fulfillment management technologies … Lees verder op Tech Meme
Alexandra Bruell / Wall Street Journal: TikTok announces Pulse Premiere, which lets select publishers such as Condé Nast, BuzzFeed, and NBC sell ads alongside their posts and keep 50% of the revenue — New product will let publishers sell ads alongside their posts and take home half the revenue Lees verder op Tech Meme
Kate Conger / New York Times: Jack Dorsey has posted an average of 59 times per day on Nostr since January 31, 2023, often talking about crypto and open source while criticizing Elon Musk — The Twitter co-founder has posted prolifically on two new social networks, Nostr and Bluesky, which he also backed financially. Lees verder op Tech Meme