Tech Meme

Sam Kim / Bloomberg: SEMI data: Japan is expected to spend $7B on chipmaking equipment in 2024, up 82% on 2023, the largest in the world; China’s spending is forecast to rise 2% YoY  —  Japan is poised to sharply raise its chip-gear spending in an attempt to boost its position in the global semiconductor market … Lees verder op Tech Meme

Tom Bristow / Politico: The UK ICO fines TikTok £12.7M for failing to protect kids’ data, saying the app “should have done better”, down from a £27M fine proposed in September 2022  —  The ICO estimates that 1.4 million children in the UK were on TikTok in 2020. Lees verder op Tech Meme

Lyllah Ledesma / CoinDesk: Kaiko: Binance’s market share fell from 70% to 54% in two weeks, the lowest since November 5, after the CFTC lawsuit and the company ended some zero-fee trading  —  The exchange’s share of trading volume has dropped to 54% from 70% over the past two weeks.  —  Binance remains … Lees verder op Tech Meme

New York Times: China opening its Micron investigation marks the most significant retaliation against US chip sanctions yet and undermines Beijing’s open-for-business messaging  —  Beijing’s security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses. Lees verder op Tech Meme

Joseph Cox / VICE: Researchers: bugs in Wi-Fi enabled garage door openers by Nexx let hackers open garages; for months Nexx has not responded to calls to patch, including from DHS  —  A security researcher found a series of vulnerabilities with the Nexx brand of smart garage openers. Lees verder op Tech Meme

Brian Heater / TechCrunch: Covariant, offering AI-powered automation for industrial robots, raised $75M led by Radical Ventures and Index Ventures as an extension to a 2021 $80M Series C  —  I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week.  The timing was either perfect or terrible depending on who you ask. Lees verder op Tech Meme

Tom Bristow / Politico: The UK ICO fines TikTok £12.7M for failing to protect kids’ data, saying the app “should have done better”, down from a £27M fine proposed in September 2022  —  The ICO estimates that 1.4 million children in the UK were on TikTok in 2020. Lees verder op Tech Meme

Bethan Staton / Financial Times: Anti-plagiarism service Turnitin, used by 10K+ institutions, launches a tool to detect AI-generated text in academia, claiming 98% confidence vs. OpenAI’s 26%  —  Turnitin launches service to check for text generated by services such as ChatGPT  —  The makers of popular plagiarism detection software … Lees verder op Tech Meme

Tom Bristow / Politico: The UK ICO fines TikTok £12.7M for failing to protect kids’ data, saying the app “should have done better”, down from a £27M fine proposed in September 2022  —  The ICO estimates that 1.4 million children in the UK were on TikTok in 2020. Lees verder op Tech Meme

Tim Hardwick / MacRumors: Apple reports an issue with its Weather app on iOS, iPadOS, watchOS, and macOS, ongoing for over eight hours; some users have had issues for over a week  —  Apple is currently experiencing issues with its weather data provider, leaving many users unable to see live weather information and forecasts for regions in the Weather app. Lees verder op Tech Meme