Tech Meme

Fahad Abuljadayel / Bloomberg: Saudi Arabia’s PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments plunged; assets under management grew to $595.5B thanks to Aramco  —  – Softbank’s fund saw a record loss of $32 billion in 2022  — Current estimates place the PIF’s assets at $777 billion Lees verder op Tech Meme

Alex Webb / Bloomberg: How bringing Lionel Messi to the MLS could help Apple, which has almost no content made in non-English-speaking markets, attract international TV+ subscribers  —  Messi+ Apple TV+ has come a long way in a relatively short period of time.  The streaming service won an Academy Award for best picture with CODA. Lees verder op Tech Meme

Chris Krebs / Financial Times: The SEC’s recent cyber regulations will grow industry awareness but the new incident reporting rules are redundant, misdirected, and overlap with CISA reporting  —  The new SEC rules are redundant and misdirected: business needs to know how to deal with the government Lees verder op Tech Meme

James Rundle / Wall Street Journal: Cyber insurance startup Resilience, whose AI analyzes policyholders’ systems to determine risk, raised a $100M Series D, taking its total funding to $225M+  —  Series D round signals continued growth of cyber insurtechs  —  This feature is powered by text-to-speech technology. Lees verder op Tech Meme

Ana Swanson / New York Times: A look at Senator Chuck Schumer’s efforts to boost US chip manufacturing, such as pushing the CHIPS Act, which may lead to substantial funds flowing to New York  —  The Senate majority leader helped deliver billions of dollars in federal funding for semiconductors.  Now he’s pushing for his state to reap benefits. Lees verder op Tech Meme

Allison Johnson / The Verge: Samsung Galaxy Z Flip 5 review: a useful cover screen and widgets, IPX8, and five years of patches, but so-so battery, tricky cover apps, and unknown durability  —  It’s a big update year for Samsung’s flip-style foldable — and a much larger cover screen makes all the difference. Lees verder op Tech Meme

Ana Swanson / New York Times: A look at Senator Chuck Schumer’s efforts to boost US chip manufacturing, including marshalling the CHIPS Act, leading to substantial funds flowing to New York  —  The Senate majority leader helped deliver billions of dollars in federal funding for semiconductors.  Now he’s pushing for his state to reap benefits. Lees verder op Tech Meme

Yuri Kageyama / Associated Press: Toshiba announces a ~$14B tender offer to take the company private at ~$32/share led by Japan Industrial Partners, a buyout fund of Japanese banks and companies  —  Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private … Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: India’s lower house of parliament passes a revised Digital Personal Data Protection Bill despite pushback from critics, who worry about granting Modi more power  —  India’s lower house of parliament greenlit the revised data privacy legislation presented the previous week … Lees verder op Tech Meme

Guy Chazan / Financial Times: Germany’s “Silicon Saxony”, where TSMC is widely expected to build a European fab, may be undermined by few local workers and rising anti-immigration movements  —  Industry concerned rise of anti-immigration movements in state of Saxony will hinder efforts to attract foreign talent Lees verder op Tech Meme