Tech Meme

Adam Satariano / New York Times: The European Parliament passes the AI Act, which would curtail facial recognition, mandate data disclosures, and more; a final version should pass later in 2023  —  A draft law in the European Parliament has become the world’s most far-reaching attempt to address the potentially harmful effects of artificial intelligence. Lees verder op Tech Meme

Jon Porter / The Verge: The European Commission issues a preliminary antitrust complaint against Google over its ad business, suggesting breaking up the unit; Google can now reply  —  The European Commission has made a formal antitrust complaint against Google and its ad business, saying that its preliminary view is that … Lees verder op Tech Meme

Thomas Seal / Bloomberg: Vodafone and Three agree to combine to create the UK’s largest mobile network, pending regulatory approval, and will take on £6B in debt; Vodafone will own 51%  —  Vodafone Group Plc and CK Hutchison Holdings Ltd. agreed to combine their UK mobile businesses in a deal that will create … Lees verder op Tech Meme

Stephen Nellis / Reuters: Amazon VP of EC2 Dave Brown says AWS is considering using AMD’s new MI300 chips and declined to use Nvidia’s DGX Cloud chips; Oracle is Nvidia’s first partner  —  Amazon Web Services (AMZN.O), the world’s largest cloud computing provider, is considering using new artificial intelligence chips … Lees verder op Tech Meme

Bloomberg: Samsung plans to let non-factory, full-time chip staff in South Korea take one Friday off each month, after SK Hynix adopted a similar policy in 2022  —  Samsung Electronics Co., the world’s biggest memory chipmaker, is giving staff in South Korea one Friday off each month in a bid … Lees verder op Tech Meme

Reuters: Sources: Arm discusses participating in its IPO with 10+ clients, including Intel, Apple, Alphabet, TSMC, and Samsung; any decision won’t come until August  —  June 12 (Reuters) – SoftBank Group Corp’s (9984.T) Arm is in talks with some of its biggest customers and end users about bringing … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Tel Aviv-based Kodem, which uses runtime intelligence to find and mitigate application security risks, emerges from stealth with a $7M seed and an $18M Series A  —  A new startup is entering the fray in the market of application security: Kodem, a company out of Israel founded by a team … Lees verder op Tech Meme

The Block: Filing: the SEC anticipates the agency will take 120 days to potentially respond to Coinbase’s request for clearer rulemaking on digital asset trading  —  – The SEC has put forth its position on Coinbase’s rulemaking petition.  — The agency said it anticipates needing four months to potentially respond. Lees verder op Tech Meme

Bloomberg: Databricks reports annual revenue jumped 60%+ to $1B in the fiscal year to January 2023 and plans to acquire Rubicon, an AI storage system startup  —  Databricks Inc. said it generated $1 billion in annual revenue and has diversified its business with new products and tools for artificial intelligence. Lees verder op Tech Meme

Clothilde Goujard / Politico: The Irish DPC says Google must delay Bard’s EU launch because the agency has insufficient information on how the company will respect EU data privacy rules  —  The Irish privacy watchdog said the tech giant has given insufficient information about how it will respect the EU’s data privacy rules. Lees verder op Tech Meme