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

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

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

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

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