Chris Miller / Financial Times: Trump’s chip tariffs may lead to even more overseas manufacturing to offset costs, not creating self-sufficiency; the US should focus on China’s chip subsidies  —  A component levy on foreign-made semiconductors would function as a major tax increase on electronics sold in America Lees verder op Tech Meme

New York Times: FTC v. Meta: the first two weeks have been like entering a time warp, focusing on long-dead apps like Path, underscoring the FTC’s challenge in bringing a case  —  In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path, Orkut and Google Plus boomed. Lees verder op Tech Meme

Financial Times: Sources: Cantor’s Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme

Bloomberg: Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker … Lees verder op Tech Meme