Tech Meme

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

Jane Zhang / Bloomberg: Alibaba announces Eddie Wu to succeed Daniel Zhang as CEO and names Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Alibaba Cloud CEO  —  Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share … Lees verder op Tech Meme

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

Tracy Qu / South China Morning Post: Alibaba and JD.com didn’t share GMV figures for 618, China’s second largest shopping festival, in 2023; the companies previously used GMV to trumpet their wins  —  China’s e-commerce firms experienced a relatively quiet 618 shopping festival, as the absence of total gross merchandise value … Lees verder op Tech Meme

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

Frank Chaparro / The Block: Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange  —  – FTX’s bankruptcy estate paid $121.8 million in legal, consulting and financial services fees and expenses between February 1 and April 30 … Lees verder op Tech Meme

Bloomberg: Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion … Lees verder op Tech Meme

Tracy Qu / South China Morning Post: Alibaba and JD.com avoided discussing GMV figures, a key indicator of success, after the conclusion of this year’s 618, China’s second largest shopping festival  —  China’s e-commerce firms experienced a relatively quiet 618 shopping festival, as the absence of total gross merchandise value … Lees verder op Tech Meme

Jon / The Nexus Of Privacy: Amid ongoing Reddit protests, decentralized link aggregation and discussion forum projects Lemmy and Kbin grow to a total of 70K+ MAUs and 1,000+ instances  —  Draft!  Work in Progress!  Feedback welcome! … Contents:  — Eight days later …  – Experiment to find what approaches … Lees verder op Tech Meme