Stu Woo / Wall Street Journal: TikTok CEO Shou Zi Chew says divesting from ByteDance won’t fix US concerns, rules out an IPO, and claims the app is unprofitable due to data security spending  —  Shou Zi Chew goes to Capitol Hill next week, as Biden administration demands a divestiture from app’s Chinese owner Lees verder op Tech Meme

Reuters: Sources: Samsung’s planned chip plant in Taylor, Texas, will now cost over $25B, up from its $8B initial forecasts, due to inflation and rising material costs  —  A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost … Lees verder op Tech Meme

Mia Sato / The Verge: TikTok adds a Refresh button to the For You feed, resetting recommendations to those shown to new signups, after testing the feature in February 2023  —  TikTok is adding a way for users to “refresh” For You page content when they want to switch up their feed. Lees verder op Tech Meme

Sam Kessler / CoinDesk: The Arbitrum Foundation, which develops the Ethereum Layer 2 platform Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO  —  The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network. Lees verder op Tech Meme