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Tech Meme

A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service (Huw Jones/Reuters) 18-05-2023

Huw Jones / Reuters: A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service  —  Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers … Lees verder op Tech Meme

AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and says its spending will support 131,700 full-time jobs (Manish Singh/TechCrunch) 18-05-2023

Manish Singh / TechCrunch: AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and says its spending will support 131,700 full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday … Lees verder op Tech Meme

The UK's Treasury Committee report recommends that the government regulate trading and investment in unbacked crypto as gambling instead of a financial service (Huw Jones/Reuters) 18-05-2023

Huw Jones / Reuters: The UK’s Treasury Committee report recommends that the government regulate trading and investment in unbacked crypto as gambling instead of a financial service  —  Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers … Lees verder op Tech Meme

FTX's leadership sues Sam Bankman-Fried, Gary Wang, and Nishad Singh, claiming they knew Alameda was insolvent when acquiring clearing platform Embed for ~$250M (Colin Wilhelm/The Block) 18-05-2023

Colin Wilhelm / The Block: FTX’s leadership sues Sam Bankman-Fried, Gary Wang, and Nishad Singh, claiming they knew Alameda was insolvent when acquiring clearing platform Embed for ~$250M  —  – FTX’s current leadership claims that Bankman-Fried and other executives knew that Alameda Research was insolvent when it finalized … Lees verder op Tech Meme

Sources: Apple plans to mass produce microLED displays to reduce reliance on Samsung and increase supply control, having spent $1B+ on microLED R&D in ~10 years (Nikkei Asia) 18-05-2023

Nikkei Asia: Sources: Apple plans to mass produce microLED displays to reduce reliance on Samsung and increase supply control, having spent $1B+ on microLED R&D in ~10 years  —  iPhone maker makes billion-dollar bet on micro-LED screens  —  Apple is taking a hands-on approach to production of micro-LED screens … Lees verder op Tech Meme

An investigation reveals how hundreds of freelancers hired as customer service reps catfish users into paying for subscriptions on niche dating and hookup sites (Laura Cole/Wired) 18-05-2023

Laura Cole / Wired: An investigation reveals how hundreds of freelancers hired as customer service reps catfish users into paying for subscriptions on niche dating and hookup sites  —  Hired as customer service reps, these freelancers were instead tasked with luring in the lonely and lovestruck through a network of dating and hookup sites. Lees verder op Tech Meme

PitchBook: VC funds invested $187.7M in startups that develop deepfake technologies in 2022 and $50M so far in 2023, up from just $1M in 2017 (Margi Murphy/Bloomberg) 18-05-2023

Margi Murphy / Bloomberg: PitchBook: VC funds invested $187.7M in startups that develop deepfake technologies in 2022 and $50M so far in 2023, up from just $1M in 2017  —  There’s some serious venture capital money flowing into the startups that develop deepfake technologies.  —  VC funds invested $187.7 million … Lees verder op Tech Meme

AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and said its spending will support 131,700 full-time jobs (Manish Singh/TechCrunch) 18-05-2023

Manish Singh / TechCrunch: AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and said its spending will support 131,700 full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday … Lees verder op Tech Meme

Micron will invest up to $3.6B in Japan over the next few years, including in a DRAM chipmaking plant in Hiroshima prefecture with support from the government (Nikkei Asia) 18-05-2023

Nikkei Asia: Micron will invest up to $3.6B in Japan over the next few years, including in a DRAM chipmaking plant in Hiroshima prefecture with support from the government  —  State-of-the-art production line to be built in Hiroshima prefecture  —  Sanjay Mehrotra, Micron Technology’s CEO … Lees verder op Tech Meme

YouTube unveils 30-second unskippable ads on top-performing videos on TVs and says 150M+ unique US viewers watched YouTube or YouTube TV on TVs in December 2022 (Todd Spangler/Variety) 18-05-2023

Todd Spangler / Variety: YouTube unveils 30-second unskippable ads on top-performing videos on TVs and says 150M+ unique US viewers watched YouTube or YouTube TV on TVs in December 2022  —  Google’s video giant says it reaches more than 150 million U.S. monthly viewers on TV screens Lees verder op Tech Meme