Tech Meme

Andy Greenberg / Wired: Despite the US adding Hangzhou-based encryption chip maker Hualan to its Entity List in 2021, NASA, NATO, the DEA, and more still use chips from its subsidiary  —  The US government warns encryption chipmaker Hualan has suspicious ties to China’s military.  Yet US agencies still use … Lees verder op Tech Meme

Carly Page / TechCrunch: Russia-linked ransomware gang Clop releases its first batch of victims, targeted via the MOVEit Transfer tool since May, including US banks and universities  —  Researchers say the newly discovered security flaw was exploited as far back as 2021  —  Clop, the ransomware gang responsible … Lees verder op Tech Meme

John Revill / Reuters: Siemens plans to spend €2B to build factories, R&D centers, and more, including a €200M plant in Singapore for automation; revenue in 2022 rose 16% YoY to €72B  —  Siemens (SIEGn.DE) will spend 2 billion euros ($2.16 billion) on a new global investment plan … Lees verder op Tech Meme

Patrick Coffee / Wall Street Journal: Uber plans to add video ads to its main app, Uber Eats, and alcohol app Drizly, starting in the US; 345K merchants bought Uber ads in Q1, up from 315K in Q4  —  The company, which sees ad sales as a key growth area, will debut long-form videos on Uber Eats, Drizly and its ride-hailing app Lees verder op Tech Meme

Matt Walsh / @mattwalshinbos: [Thread] After the SEC approved Prometheum’s SPBD for digital assets, a look at CEO Aaron Kaplan’s bizarre Congressional testimony and issues with the SPBD  —  This Prometheum storyline has got to be the strangest thing I have seen in awhile in this industry. Has anyone actually looked into this? Beyond bizarre… Lees verder op Tech Meme

Nick Perry / Associated Press: New Zealand sentences two men who ran the wildly popular pirating website Megaupload to more than two years in prison, ending an 11-year extradition battle  —  Two men who helped run the once wildly popular pirating website Megaupload were each sentenced by a New Zealand court on Thursday to more than two years in prison. Lees verder op Tech Meme

Debby Wu / Bloomberg: Applied Materials sues Chinese-owned, California-based rival Mattson over an alleged 14-month effort to steal IP, including staff-poaching and design transfers  —  Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets … Lees verder op Tech Meme

John Revill / Reuters: Siemens plans to spend €2B to build factories, R&D centers, and more, including a €200M plant in Singapore for automation; revenue in 2022 rose 16% YoY to €72B  —  Siemens (SIEGn.DE) will spend 2 billion euros ($2.16 billion) on a new global investment plan … Lees verder op Tech Meme

Christina Warren / Inverse: A look at Apple’s Game Porting Toolkit, based on a 20K line of code patch to Wine, easing ports to Apple silicon, and possible paths Apple may take with gaming  —  At WWDC last week, most of the focus was rightfully on the new Apple Vision Pro headset and the new visionOS. Lees verder op Tech Meme

Bloomberg: Analysis: US spending on Temu was 20% higher than Shein in May 2023; Apptopia: Temu has been the top iOS app on the US App Store during most days in 2023  —  This time last year, hardly anyone in the US knew what Temu was.  Now, as American consumers grapple with runaway inflation … Lees verder op Tech Meme