Tech Meme

Bloomberg: Alibaba Cloud plans to cut its core product costs by 15% to 50% on May 7; Alibaba has 200K+ requests from businesses for the beta of its Tongyi Qianwen AI model  —  Alibaba Group Holding Ltd. is cutting the cost of its cloud services by as much as half, a move that could win users from rivals … Lees verder op Tech Meme

Edward Ludlow / Bloomberg: Bosch plans to buy US chipmaker TSI Semiconductors and invest $1.5B+ in its Roseville, California foundry, aiming to make silicon carbide chips there by 2026  —  Robert Bosch GmbH is acquiring US chipmaker TSI Semiconductors and plans to invest more than $1.5 billion in its California foundry … Lees verder op Tech Meme

Angus Loten / Wall Street Journal: PricewaterhouseCoopers plans to invest $1B in generative AI in its US operations over the next three years, working with Microsoft and OpenAI  —  Multiyear investment in U.S. business includes accessing ChatGPT maker OpenAI’s language model, training staff in AI capabilities Lees verder op Tech Meme

Yaling Jiang / Wired: Experts say China’s mostly government-led metaverse efforts are less about consumer activities and more about supporting the country’s economy and industry  —  The government wants the metaverse to be less about having fun and shopping and more about health care and industry. Lees verder op Tech Meme

Allison Johnson / The Verge: Lenovo announces the Lenovo ThinkPhone by Motorola, available for $699 with ThinkPad-compatible productivity features, coming first to enterprise on April 28  —  The Lenovo ThinkPhone by Motorola is available in the US starting today for $699, offering a suite of productivity features designed to work with ThinkPad laptops. Lees verder op Tech Meme

Nilay Patel / The Verge: Q&A with Lightspark CEO David Marcus on the current crypto winter, Lightning as a Layer 2 protocol, raising ~$175M, Libra, Nostr, Bitcoin, regulations, and more  —  Crypto has a lot of haters these days.  The former Facebook exec is trying to prove them wrong with his Bitcoin startup. Lees verder op Tech Meme

Dan Strumpf / Wall Street Journal: Experts say 5G’s next iteration, 5.5G, could help autonomous cars, drones, and more, but everyday users may not see many applications beyond faster speeds  —  Mobile companies say an upgrade is coming in a couple of years that will boost connection speeds amid flagging consumer interest Lees verder op Tech Meme

GOV.UK: The UK CMA blocks Microsoft’s $68.7B Activision acquisition, citing concerns about competition and innovation in the UK gaming market; Microsoft plans to appeal  —  The CMA has prevented Microsoft’s proposed purchase of Activision over concerns the deal would alter the future … Lees verder op Tech Meme

New York Times: A look at the mounting US pressure on Binance: the DOJ’s money laundering division leading its criminal investigation, CZ hiring Latham & Watkins, and more  —  The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX. Lees verder op Tech Meme

Madeline Ashby / Wired: A look at Warhol Foundation v. Goldsmith, a fair use case before SCOTUS that could impact how copyright law is applied to AI tools’ use of human-made works  —  The US Supreme Court’s upcoming decision could shift the interpretation of fair use law—and all the people, and tools, that turn to it for protection. Lees verder op Tech Meme