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The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world's chips by 2030, after final approval from ministers (Jillian Deutsch/Bloomberg) 25-07-2023

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday. Lees verder op Tech Meme

Sources: EU regulators rebuffed an offer from Meta to curb its use of rivals' ad data for Facebook Marketplace as a way to settle an antitrust investigation (Foo Yun Chee/Reuters) 25-07-2023

Foo Yun Chee / Reuters: Sources: EU regulators rebuffed an offer from Meta to curb its use of rivals’ ad data for Facebook Marketplace as a way to settle an antitrust investigation  —  Meta Platforms (META.O) offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service … Lees verder op Tech Meme

Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss (Ashley Carman/Bloomberg) 25-07-2023

Ashley Carman / Bloomberg: Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA fell as much as 13% in New York trading after the audio streaming giant reported sales that came … Lees verder op Tech Meme

The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world's chips by 2030, after final approval from ministers (Jillian Deutsch/Bloomberg) 25-07-2023

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday. Lees verder op Tech Meme