Tuesday, January 31, 2023

A draft EU proposal details plans to ask Netflix, Alphabet, and other "large traffic generators" to help pay for next-generation internet infrastructure (Jillian Deutsch/Bloomberg)

Jillian Deutsch / Bloomberg:
A draft EU proposal details plans to ask Netflix, Alphabet, and other “large traffic generators” to help pay for next-generation internet infrastructure  —  The European Union is weighing a proposal to make technology companies that use the most bandwidth, like Netflix Inc. and Alphabet Inc. …



Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk:
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more  —  Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme



Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas  —  Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday …



Monday, January 30, 2023

China's JD.com to shut e-commerce sites in Indonesia, Thailand

JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on February 15. https://ift.tt/fbLK4h2

Qualcomm introduces 'Snapdragon Insiders Access Program'

With the new Access Program, Insiders will get the opportunity to be among the first to try new Snapdragon-powered devices and partner with top brands, the company said in a blogpost. https://ift.tt/CvsYl2o

The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices (Bloomberg)

Bloomberg:
The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices  —  This time was supposed to be different.  —  The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...