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Indonesia says Apple can't sell its iPhone 16 in the country yet, despite a deal to build a local production facility, as it hasn't met domestic content rules (Bernadette Christina/Reuters) 08-01-2025

Bernadette Christina / Reuters: Indonesia says Apple can’t sell its iPhone 16 in the country yet, despite a deal to build a local production facility, as it hasn’t met domestic content rules  —  Apple (AAPL.O) still cannot sell its iPhone 16 in Indonesia despite striking a deal to build a local production facility there … Lees verder op Tech Meme

Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY (Fahad Abuljadayel/Bloomberg) 08-01-2025

Fahad Abuljadayel / Bloomberg: Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY  —  – VC funding in the Middle East fell 29% in 2024: Magnitt  — Saudi Arabia continues to lead the region in deal values Lees verder op Tech Meme

Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups (Gené Teare/Crunchbase News) 08-01-2025

Gené Teare / Crunchbase News: Global venture funding rose 3% YoY to ~$314B in 2024; venture funding to US companies totaled $178B, out of which $90B was invested in Bay Area startups  —  Global venture funding in 2024 edged above 2023’s totals, with AI showing the biggest leap in amounts year to year. Lees verder op Tech Meme

Inside Naver's 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies (Saritha Rai/Bloomberg) 08-01-2025

Saritha Rai / Bloomberg: Inside Naver’s 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various AI technologies  —  An office building called 1784 on the outskirts of Seoul offers a glimpse into the robotic future that artificial intelligence developers say is just around the corner. Lees verder op Tech Meme

NHTSA: software fixes accounted for 15% of US automotive recalls in 2024, up from 6% in 2019, as traditional carmakers struggle with managing software updates (Brooke Masters/Financial Times) 08-01-2025

Brooke Masters / Financial Times: NHTSA: software fixes accounted for 15% of US automotive recalls in 2024, up from 6% in 2019, as traditional carmakers struggle with managing software updates  —  Managing smooth updates is becoming ever important with the spread of EVs and more sophisticated systems Lees verder op Tech Meme

Micron plans to invest $7B over the next several years to expand its manufacturing footprint in Singapore, with a new HBM chip plant set to open in 2026 (Yuan Gao/Bloomberg) 08-01-2025

Yuan Gao / Bloomberg: Micron plans to invest $7B over the next several years to expand its manufacturing footprint in Singapore, with a new HBM chip plant set to open in 2026  —  – US memory chip maker expects to operate new plant in 2026  — HBM chips are widely used in AI data centers across the world Lees verder op Tech Meme