Tech Meme

Yuka Hayashi / Wall Street Journal: Sources: a US official said the government plans to let chipmakers in South Korea and Taiwan maintain and expand their China-based operations without reprisals  —  Analysts say the move will weaken export-control measures aimed at curbing Beijing  —  WASHINGTON—The Biden administration plans … Lees verder op Tech Meme

Dhruv Mehrotra / Wired: Documents show some US courts are using Covenant Eyes, an anti-porn app sold to churches to monitor all online activity, to surveil parolees and their families  —  A court used an app called Covenant Eyes to surveil the family of a man released on bond.  Now he’s back in jail, and tech misuse may be to blame. Lees verder op Tech Meme

Samuel Stolton / Bloomberg: Sources: the EU is about to hit Google with a formal antitrust complaint focusing on its ad tech, with a statement of objections coming as soon as Wednesday  —  Google is set to be hit with a formal antitrust complaint from the European Union that could lead to massive new fines and strike … Lees verder op Tech Meme

CNBC: Source: the US FTC is set to file for an injunction seeking to block Microsoft’s proposed Activision Blizzard acquisition, after suing to block the $68.7B deal  —  The Federal Trade Commission is set to file for an injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard … Lees verder op Tech Meme

Helene Braun / CoinDesk: Robinhood reports crypto trading volumes down 68% YoY to $2.1B in May 2023, daily average revenue trades for crypto down 53% YoY, and MAUs down 28% YoY to 10.6M  —  The trading platform recently delisted three tokens that were classified as securities in the SEC’s lawsuit against Coinbase and Binance. Lees verder op Tech Meme

Bloomberg: Sources: the Dutch government is working on legislation to bar Chinese students from university programs covering sensitive tech, including chips and defense  —  The Dutch government is working on legislation that will be used to bar Chinese students from university programs … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: HSBC rebrands SVB UK as HSBC Innovation Banking, adding US, Israel, and Hong Kong teams to offer banking services to startups, investors, and other tech clients  —  Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Lees verder op Tech Meme

Jay Peters / The Verge: Over 7,000 subreddits have gone dark to protest API changes, and Reddit experienced an outage for about an hour this morning  —  Reddit has been going through some issues for many on Monday, with the outage happening the same day as thousands of subreddits going dark to protest the site’s new API pricing terms. Lees verder op Tech Meme

Brody Ford / Bloomberg: Salesforce renames its AI toolset to AI Cloud, plans to roll out new AI features in the summer, and doubles its generative AI fund announced in March to $500M  —  Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment … Lees verder op Tech Meme

Bloomberg: India investigates reports of a breach at a portal with the data of 1B+ COVID-19 vaccine recipients; Telegram removes a bot letting users pull individuals’ data  —  India’s government is investigating reports that a health ministry portal containing personal data from anyone in the country … Lees verder op Tech Meme