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Siemens plans to spend €2B to build factories, R&D centers, and more, including a €200M plant in Singapore for automation; revenue in 2022 rose 16% YoY to €72B (John Revill/Reuters) 15-06-2023

John Revill / Reuters: Siemens plans to spend €2B to build factories, R&D centers, and more, including a €200M plant in Singapore for automation; revenue in 2022 rose 16% YoY to €72B  —  Siemens (SIEGn.DE) will spend 2 billion euros ($2.16 billion) on a new global investment plan … Lees verder op Tech Meme

Applied Materials sues Chinese-owned, California-based rival Mattson over an alleged 14-month effort to steal IP, including staff-poaching and design transfers (Debby Wu/Bloomberg) 15-06-2023

Debby Wu / Bloomberg: Applied Materials sues Chinese-owned, California-based rival Mattson over an alleged 14-month effort to steal IP, including staff-poaching and design transfers  —  Applied Materials Inc. is suing a Chinese-owned rival over what it says was a 14-month effort to steal some of its most valuable secrets … Lees verder op Tech Meme

New Zealand sentences two men who ran the wildly popular pirating website Megaupload to more than two years in prison, ending an 11-year extradition battle (Nick Perry/Associated Press) 15-06-2023

Nick Perry / Associated Press: New Zealand sentences two men who ran the wildly popular pirating website Megaupload to more than two years in prison, ending an 11-year extradition battle  —  Two men who helped run the once wildly popular pirating website Megaupload were each sentenced by a New Zealand court on Thursday to more than two years in prison. Lees verder op Tech Meme

[Thread] After the SEC approved Prometheum's SPBD for digital assets, a look at CEO Aaron Kaplan's bizarre Congressional testimony and issues with the SPBD (Matt Walsh/@mattwalshinbos) 15-06-2023

Matt Walsh / @mattwalshinbos: [Thread] After the SEC approved Prometheum’s SPBD for digital assets, a look at CEO Aaron Kaplan’s bizarre Congressional testimony and issues with the SPBD  —  This Prometheum storyline has got to be the strangest thing I have seen in awhile in this industry. Has anyone actually looked into this? Beyond bizarre… Lees verder op Tech Meme

Uber plans to add video ads to its main app, Uber Eats, and alcohol app Drizly, starting in the US; 345K merchants bought Uber ads in Q1, up from 315K in Q4 (Patrick Coffee/Wall Street Journal) 15-06-2023

Patrick Coffee / Wall Street Journal: Uber plans to add video ads to its main app, Uber Eats, and alcohol app Drizly, starting in the US; 345K merchants bought Uber ads in Q1, up from 315K in Q4  —  The company, which sees ad sales as a key growth area, will debut long-form videos on Uber Eats, Drizly and its ride-hailing app Lees verder op Tech Meme