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Spotify lays off ~17% of its workforce, or ~1,500 staff, to “rightsize” its costs, citing slow economic growth and rising capital costs, its third cut in 2023 (Manish Singh/TechCrunch) 04-12-2023

Manish Singh / TechCrunch: Spotify lays off ~17% of its workforce, or ~1,500 staff, to “rightsize” its costs, citing slow economic growth and rising capital costs, its third cut in 2023  —  Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.” Lees verder op Tech Meme

US Commerce Secretary Gina Raimondo says her department needs more money to stop China's chip gains and calls out Nvidia for redesigning around the US' curbs (Peter Martin/Bloomberg) 04-12-2023

Peter Martin / Bloomberg: US Commerce Secretary Gina Raimondo says her department needs more money to stop China’s chip gains and calls out Nvidia for redesigning around the US’ curbs  —  – US commerce secretary cites Nvidia designs as case in point  — Tells chip CEOs ‘such is life’ as US security trumps revenue Lees verder op Tech Meme

Disinformation scholar Joan Donovan claims in a whistleblower filing that her superiors dismissed her after Harvard got Chan Zuckerberg Initiative's $500M gift (Joseph Menn/Washington Post) 04-12-2023

Joseph Menn / Washington Post: Disinformation scholar Joan Donovan claims in a whistleblower filing that her superiors dismissed her after Harvard got Chan Zuckerberg Initiative’s $500M gift  —  In a whistleblower complaint, she breaks her silence over events that unsettled other misinformation researchers Lees verder op Tech Meme

Taiwan Economy Minister Wang Mei-hua says US officials plan to visit in January to detail the complex China chip rules, as Taiwan needs “on site communication” (Reuters) 04-12-2023

Reuters: Taiwan Economy Minister Wang Mei-hua says US officials plan to visit in January to detail the complex China chip rules, as Taiwan needs “on site communication”  —  U.S. officials plan to visit Taiwan to explain to companies details of new curbs, primarily aimed at China … Lees verder op Tech Meme

Sources: Byju's founder Byju Raveendran pledged his and his family's homes as collateral to borrow ~$12M to raise ~$400M in debt to pay staff amid a cash crunch (Anto Antony/Bloomberg) 04-12-2023

Anto Antony / Bloomberg: Sources: Byju’s founder Byju Raveendran pledged his and his family’s homes as collateral to borrow ~$12M to raise ~$400M in debt to pay staff amid a cash crunch  —  – Founder has raised $400 million in debt to keep firm afloat  — Company is also seeking to raise funds through asset sales Lees verder op Tech Meme

A group of 83 Spanish media outlets files a €550M lawsuit against Meta, citing unfair competition in ads due to its “massive” and “systematic” use of data (Reuters) 04-12-2023

Reuters: A group of 83 Spanish media outlets files a €550M lawsuit against Meta, citing unfair competition in ads due to its “massive” and “systematic” use of data  —  A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) … Lees verder op Tech Meme

Sony Access controller review: beautifully designed with help from disabled gamers, highly configurable, and perfect for lap use, but missing some features (Chris Reardon/Wired) 04-12-2023

Chris Reardon / Wired: Sony Access controller review: beautifully designed with help from disabled gamers, highly configurable, and perfect for lap use, but missing some features  —  Sony’s first accessible controller is an excellent start and a welcome new part of PlayStation’s lineup, but it has a ways to go before being truly incredible. Lees verder op Tech Meme