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Tech Meme

SVB Financial files for Chapter 11 bankruptcy protection in the SDNY's Bankruptcy Court and “believes it has approximately $2.2B of liquidity” (Ingrid Lunden/TechCrunch) 17-03-2023

Ingrid Lunden / TechCrunch: SVB Financial files for Chapter 11 bankruptcy protection in the SDNY’s Bankruptcy Court and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries … Lees verder op Tech Meme

A skilled workers shortage is impeding Micron's plan to invest $100B to build a chip manufacturing campus in Syracuse, New York, and hire 9K employees there (Wall Street Journal) 17-03-2023

Wall Street Journal: A skilled workers shortage is impeding Micron’s plan to invest $100B to build a chip manufacturing campus in Syracuse, New York, and hire 9K employees there  —  Micron plans to hire 9,000 employees at a new suburban Syracuse campus amid shortage of skilled workers Lees verder op Tech Meme

Source: TikTok is paying dozens of creators to visit DC next week and lobby lawmakers against a forced sale, ahead of CEO Shou Zi Chew's testimony on March 23 (Hailey Fuchs/Politico) 17-03-2023

Hailey Fuchs / Politico: Source: TikTok is paying dozens of creators to visit DC next week and lobby lawmakers against a forced sale, ahead of CEO Shou Zi Chew’s testimony on March 23  —  The influential social media app TikTok is flooding the nation’s capital with influencers next week as part of an 11th hour lobbying blitz … Lees verder op Tech Meme

FTC finalized a $245M fine for Epic Games on Tuesday over tricking users into making unintended purchases in Fortnite and banned Epic from using dark patterns (Andy Brown/NME) 17-03-2023

Andy Brown / NME: FTC finalized a $245M fine for Epic Games on Tuesday over tricking users into making unintended purchases in Fortnite and banned Epic from using dark patterns  —  Epic Games faces over half a billion dollars in fines from the FTC  —  The United States Federal Trade Commission (FTC) … Lees verder op Tech Meme

Around 20 investors and founders say some individual investors and small firms actively helped startups during the SVB crisis while many big firms disappointed (Alex Konrad/Forbes) 17-03-2023

Alex Konrad / Forbes: Around 20 investors and founders say some individual investors and small firms actively helped startups during the SVB crisis while many big firms disappointed  —  Covering venture capital, cloud and startups  —  When founders scrambled to make payroll after the closure of SVB … Lees verder op Tech Meme

Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto (Bloomberg) 17-03-2023

Bloomberg: Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto  —  Institutional clients of Coinbase Global Inc. have been contacted by the firm about plans to potentially set … Lees verder op Tech Meme

Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support (Kris Holt/Engadget) 17-03-2023

Kris Holt / Engadget: Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support  —  Meta’s paid verification program is available in the US starting today, CEO Mark Zuckerberg wrote on his Instagram channel. Lees verder op Tech Meme

The FCC is requiring carriers to block SMS messages from “invalid, unallocated, or unused numbers”, targeting the increasing scam robotexts sent to consumers (Jon Brodkin/Ars Technica) 17-03-2023

Jon Brodkin / Ars Technica: The FCC is requiring carriers to block SMS messages from “invalid, unallocated, or unused numbers”, targeting the increasing scam robotexts sent to consumers  —  First robotext rule requires blocking of texts from invalid and unused numbers.  —  The Federal Communications … Lees verder op Tech Meme

Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs (New York Times) 17-03-2023

New York Times: Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk’s takeover and were abandoned due to costs  —  Twitter didn’t move forward with the music licensing deals because of costs, people with knowledge of the matter said. Lees verder op Tech Meme