Tech Meme

New York Times: TSMC staff express doubts over the company’s decision to build a $40B factory in Arizona, arguing the project distracts from R&D, showing TSMC’s tricky position  —  Employee doubts are rising about Taiwan Semiconductor Manufacturing Company’s $40 billion investment in an Arizona factory. Lees verder op Tech Meme

Dave Michaels / Wall Street Journal: Securities lawyers say the SEC may struggle to win a lawsuit over stablecoins, such as Paxos’ BUSD, because owners do not expect profits, part of the Howey test  —  Agency investigates whether the cryptocurrencies’ issuance violated investor-protection laws  —  Washington’s battle to rein in crypto has a new front: stablecoins. Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: The SEC has now issued dozens of enforcement actions to crypto companies, moves critics say let the agency shape crypto without a direct system of regulations  —  U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Finch, which helps companies connect to HR apps, services, and systems, raised a $40M Series B co-led by General Catalyst and Menlo, taking its funding to $68M  —  Finch, a platform that helps companies connect to various HR apps, services and systems, today announced that it raised $40 million … Lees verder op Tech Meme

Ugur Yilmaz / Bloomberg: Turkey’s telecoms watchdog BTK blocks access to Eksi Sozluk, one of the country’s biggest social media sites; pro-government media celebrated the move  —  Turkey blocked access to one of the country’s most popular social media websites, Eksi Sozluk, its latest move against platforms that it accuses of spreading disinformation. Lees verder op Tech Meme

Rebecca Bellan / TechCrunch: Uber launches a redesigned version of its app globally, including adding a simpler homescreen, a Services tab, and live tracking on iOS 16  —  Uber is releasing an updated version of its app that aims to simplify and personalize the experience for customers. Lees verder op Tech Meme

Abner Li / 9to5Google: Microsoft appears to be injecting ads for Edge on a Google.com website when users download Chrome using the latest Edge Canary preview on Windows  —  Microsoft sees its browser as an important aspect and entry point for the new Bing.  Microsoft Edge on Windows is now showing a rather aggrieve ad … Lees verder op Tech Meme

Vishal Chawla / The Block: Google Cloud partners with the Tezos Foundation to become a validator on the proof-of-stake Tezos blockchain, seeking to help clients develop and deploy apps  —  – Google Cloud has partnered with Tezos to act as a validator on the proof-of-stake blockchain network. Lees verder op Tech Meme

Chris Stokel-Walker / Wired: Q&A with David Wakeling of Allen & Overy, one of world’s largest law firms, on using OpenAI-developed generative AI tool Harvey to write legal documents  —  Large law firms are using a tool made by OpenAI to research and write legal documents.  What could go wrong? Lees verder op Tech Meme

Zheping Huang / Bloomberg: Baidu reports Q4 revenue down 1% YoY to ~$4.8B, beating estimates, net income up 189% YoY to ~$718M, iQiyi revenue up 3% YoY to ~$1.1B, and a $5B share buyback  —  Baidu Inc. announced a $5 billion share buyback after reporting better-than-expected revenue, reflecting how its cloud computing service … Lees verder op Tech Meme