Tech Meme

New York Times: After the US passed the industry-supported $52B CHIPS Act, chipmakers have turned cutthroat to secure federal cash, setting off a lobbying frenzy  —  Semiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors. Lees verder op Tech Meme

Arjun Kharpal / CNBC: Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B; BABA jumps 6%+  —  – Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 6% higher. Lees verder op Tech Meme

Jane Lanhee Lee / Reuters: Tel Aviv-based chip startup Chain Reaction, which plans to begin mass producing its blockchain chip Electrum, raised $70M led by Morgan Creek Digital  —  Tel Aviv-based blockchain chip startup Chain Reaction on Thursday said it raised $70 million which will be used to expand its engineering team … Lees verder op Tech Meme

Steve Dent / Engadget: Samsung announces a standardized 5G Non-Terrestrial Network (NTN) modem that will enable two-way communication between smartphones and satellites  —  There was speculation that Samsung could use smartphone-to-satellite technology in its Galaxy S23 much like Apple has for the iPhone 14, but that didn’t happen in the end. Lees verder op Tech Meme

Jon Haidt / After Babel: An analysis of 100+ studies finds that social media is a major cause of mental illness in teen girls, not just a tiny correlate, especially after 2012  —  Journalists should stop saying that the evidence is just correlational  —  A big story last week was the partial release … Lees verder op Tech Meme

Luca Bertuzzi / Euractiv: Memo: the European Commission bans TikTok on corporate devices and personal devices using corporate apps, asking staff to uninstall the app by March 15  —  The EU executive’s IT service has asked all Commission employees to uninstall TikTok from their corporate devices … Lees verder op Tech Meme

Kevin Tran / Morning Consult: A survey of 2,199 US adults: 14% of Gen Z adults reported using TikTok to start researching a major news event, compared to 2% of all adults  —  Media & entertainment analyst Kevin Tran breaks down how publishers can monetize young consumers who are increasingly turning to social platforms for free news Lees verder op Tech Meme

Davey Alba / Bloomberg: Microsoft appears to have updated the new Bing to end chats following prompts mentioning “feelings” or “Sydney”, after adding tighter controls on February 17  —  Microsoft Corp. appeared to have implemented new, more severe restrictions on user interactions with its … Lees verder op Tech Meme

Rosie Perper / CoinDesk: Spotify tests “token-enabled playlists”, letting some NFT holders connect their wallets and listen to curated music, starting on Android in select countries  —  Music streaming Spotify is testing a new service called “token-enabled playlists,” which allows holders of non-fungible tokens … Lees verder op Tech Meme

Mozilla Foundation: Analysis of the 40 most popular Android apps on the Google Play Store finds nearly 80% had discrepancies between their privacy policies and Data Safety labels  —  The apps’ privacy policies, however, both explicitly state that they share user information with advertisers, Internet service providers … Lees verder op Tech Meme