Tech Meme

Financial Times: At a meeting with Japan’s Prime Minister, TSMC, Samsung, Intel, Micron, and other chipmakers announce plans to expand investment and partnerships in the country  —  Seven of the world’s largest semiconductor makers have set out plans to increase manufacturing and deepen tech partnerships … Lees verder op Tech Meme

Temitayo Lawal / Rest of World: A look at Nigeria’s government-backed digital currency, eNaira, which has failed to convert crypto users and has been hindered by limited internet access  —  The government-backed eNaira, meant as a hedge against inflation, hasn’t converted crypto users and has been hindered by limited internet access. Lees verder op Tech Meme

Jaime Brooks / The Seat of Loss: An in-depth look at the impact of LLMs on music and recording artists, reflecting on Vocaloid’s first software in 2004, Hatsune Miku, Drake, and Louis Armstrong  —  A comprehensive guide to ghostwriters, virtual pop stars, and the world to come.  —  Recently, the New York Times published … Lees verder op Tech Meme

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

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

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

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

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

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

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