Tech Meme

Bloomberg: Taiwanese silicon wafer maker GlobalWafers finalizes $406M in CHIPS Act funding, part of a plan to invest nearly $4B to help build plants in Texas and Missouri  —  GlobalWafers Co., a Taiwanese maker of silicon wafers used in chip manufacturing, finalized a deal to receive as much as $406 million … Lees verder op Tech Meme

Tony Romm / Washington Post: The US FTC issues long-awaited rules requiring companies to display the full price of hotels, concert tickets, and more up front, rather than hiding “junk fees”  —  The industries must display the full price of a hotel room, concert ticket or sporting event upfront to customers or face potential federal punishment. Lees verder op Tech Meme

Natasha Lomas / TechCrunch: The Irish Data Protection Commission fines Meta €251M over a Facebook breach that affected ~29M users globally and ~3M in the EU and EEA in September 2018  —  Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions … Lees verder op Tech Meme

Bloomberg: Alibaba agrees to sell its Intime department store business, part of a plan to unify online and offline retailing in 2017, for ~$1B, taking a record $1.3B loss  —  – Chinese tech company agrees to sell Intime to Youngor Fashion  — Alibaba has pivoted toward consolidating its core businesses Lees verder op Tech Meme

Molly White / Bloomberg: After Trump’s win, a look at what the crypto industry could do next, including weakening financial rules that might protect consumers from the next crypto crash  —  The industry is now in a position to weaken financial rules that might protect consumers from the next crypto crash. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Toronto-based Hostaway, which offers vacation rental management tools, raised $365M led by General Atlantic at a $925M valuation, after raising $175M in 2023  —  The tourism and travel industries — after several tough years that included not just a global health pandemic but economic … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Turkish startup Agave Games, developer of Find the Cat, which has 10M+ downloads since its August 2024 release, raised an $18M Series A at a $100M valuation  —  A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where’s Wally-style drawings … Lees verder op Tech Meme

Sean Hollister / The Verge: Framework releases a $39 modular component to add two extra M.2 slots to the Laptop 16, letting users have 26TB+ of storage, and updates the Laptop 16’s cooling  —  The most ambitious laptop ever made just got a long-promised modular upgrade. … At launch, you only had two options … Lees verder op Tech Meme

Elisha Bala-Gbogbo / Reuters: Nigeria arrests 792 suspects, including 148 Chinese and 40 Filipino nationals, in a raid on a building believed to be a crypto romance scam call center  —  Nigeria’s anti-graft agency said it had arrested 792 suspects in a raid on a building believed to be a hub for fraudsters who lured victims … Lees verder op Tech Meme

Financial Times: The UK opens a consultation on AI and copyright, and aims to offer an “opt out” copyright exception, force companies to open models to scrutiny, and more  —  Consultation could see easier access to copyrighted works but require tech groups to be clearer on what they have used Lees verder op Tech Meme