The US awards a $4.75B CHIPS Act grant to Samsung and $1.6B to Texas Instruments for new factories in Texas and Utah, rounding out the program's largest grants — - Incentives will go toward new factories in Texas and Utah — Biden administration is racing to complete federal grants
A profile of AWS CEO Matt Garman, including his first few months on the job, what his stewardship means for the business, and his opportunities and challenges — Matt Garman joined Amazon Web Services as an intern nearly two decades ago. But his appearance earlier this month …
The UK CMA says its phase one probe finds that chip designer Synopsys' $35B acquisition of 3D software maker Ansys could reduce innovation and increase prices — UK's competition watchdog said on Friday it could approve chip design software maker Synopsys' $35 billion acquisition of Ansys if the regulator's concerns are resolved.
Bluesky updates its app to include a separate mentions tab in notifications, protections against username squatting, and new controls for replies sorting — Social network Bluesky has released a new update to its app that includes a separate mentions tab in notifications …
Malaysia says it has identified WhatsApp, Facebook, Instagram, X, YouTube, Telegram, WeChat, and TikTok as platforms that need to obtain a license by next year — The platforms include Meta Platforms Inc.'s WhatsApp, Facebook and Instagram; Elon Musk's X; Google's YouTube; Pavel Durov's Telegram …
A look at the quickly disappearing web, as digital decay and link rot erase all kinds of media; a Pew study says 38% of webpages accessible in 2013 are now gone — The internet is forever. But also, it isn't. What happens to our culture when websites start to vanish at random?
Arm v. Qualcomm: Qualcomm CEO Christian Amon described Arm's Nuvia license cancellation and demand for Qualcomm to destroy IP after buying Nuvia as “outrageous” — - Tech firms are sparring in weeklong jury trial in Delaware — Closing arguments are expected Thursday in federal court
Tracxn: Indian startup funding rounds fell 32% YoY to 1,448 in 2024, but overall funding rose 6% YoY to $11.3B; 40+ startups completed IPOs, up 80% YoY — Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn …
A profile of 114-year-old Japanese conglomerate Hitachi, whose market cap recently hit $100B after becoming an industrial software and hardware provider — New chief executive takes over streamlined conglomerate with most of its revenues and employees overseas
Turkish startup Agave Games, developer of Find the Cat, which has 10M+ downloads since its August 2024 release, raised an $18M Series A at a $100M valuation — A startup out of Turkey that has built a hit casual mobile game where you have to find cats in Where's Wally-style drawings …
Beijing-based AI startup Zhipu, which aims to make services tailored to the China market, raised $412M, after raising $400M at a ~$3B valuation in May 2024 — Beijing-based Zhipu raised a further 3 billion yuan ($412 million) to power its artificial intelligence development efforts.
The UK's Ofcom says the Online Safety Act, passed in 2023 to govern illegal material on internet platforms, has taken effect, and plans to expand it in 2025 — - Ofcom released first guidelines for Online Safety Act — Rules require firms to remove illegal content or face fines
Workers are adopting generative AI faster than companies can issue guidelines on how to do so; a survey says ~25% the US workforce already uses the tech weekly — Staff are adopting large language models faster than companies can issue guidelines on how to do so
Sources: Apple is working on a foldable device the size of two iPad Pros for 2028, a Magic Mouse revamp, and an AirTag with triple the range of the current one — Apple's new vision for the future of computing is a giant, iPad-like foldable device. Also: The company rethinks the mouse …
How Sony turned itself around by innovating its games business beyond consoles and making acquisitions to expand its IP and focus on original content — The last time Sony was worth this much on the stock market, Bill Clinton was president and the PlayStation 2 was about to debut on American store shelves.
Bloomberg : A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, de...
