Tech Meme

Sandali Handagama / CoinDesk: Court filing: the US SEC agreed to forego $30M of bankrupt crypto lender BlockFi’s $50M fine, for not registering with the regulator, until investors are repaid  —  The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors. Lees verder op Tech Meme

Yuka Hayashi / Wall Street Journal: The Biden administration broadens eligibility for federal Chips Act subsidies to include companies providing tools, chemicals, and other semiconductor supplies  —  Biden administration expands eligibility for federal subsidies to semiconductor factory suppliers Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: A look at Apple Vision Pro features based on the visionOS SDK, including a “Moving at Unsafe Speed” alert, a “Travel Mode” for airplanes, and a “Guest Mode”  —  Apple announced Vision Pro at WWDC 2023.  But even so, there are still a lot of details … Lees verder op Tech Meme

Lee Harris / American Prospect: Sources: most of the ~12K workers at TSMC’s Arizona fab are non-union contractors; workers detail wage theft, accidents of loads dropped from cranes, and more  —  TSMC’s $40 billion semiconductor facility in Phoenix, an open shop that resisted signing an agreement with labor unions … Lees verder op Tech Meme

Paul Sawers / TechCrunch: A look at Tech Zity, a proposed tech campus in Lithuania’s capital Vilnius touted as Europe’s largest, with facilities for 5,000 workers and more  —  Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” startups and governmental efforts … Lees verder op Tech Meme

Filipe Espósito / 9to5Mac: A look at Apple Vision Pro features based on the visionOS SDK, including a “Moving at Unsafe Speed” alert, a “Travel Mode” for airplanes, and a “Guest Mode”  —  Apple announced Vision Pro at WWDC 2023.  But even so, there are still a lot of details … Lees verder op Tech Meme

Bloomberg: A mistakenly released FDIC document shows SVB’s big customers before its collapse, including Sequoia with $1B in deposits and Beijing-based Kanzhun with $900M+  —  When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small tech startups … Lees verder op Tech Meme

Sandali Handagama / CoinDesk: Filing: the SEC has agreed to forego a $30M fine from bankrupt crypto lender BlockFi until after investors are repaid  —  The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors. Lees verder op Tech Meme

Cory Weinberg / The Information: Sources: Reddit’s revenue rose 38% YoY to ~$670M in 2022, a steep drop from 2021 growth, adding uncertainty to its IPO plans and suggesting a ~$3.3B valuation  —  A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Lees verder op Tech Meme

Paul Sawers / TechCrunch: Lithuania announces Tech Zity, a €100M tech campus touted as Europe’s largest at ~592K sq. ft., with facilities for 5,000 workers, co-living spaces, and more  —  Lithuania is vying to become one of the major European tech hubs, bolstered by a growing number of so-called “unicorn” … Lees verder op Tech Meme