An in-depth look at the US sanctions on China's chipmakers and worries over their impact on inflation and rising costs for Western manufacturers and customers Techmeme · 3 hours ago
How Woolworths, Loblaws, and other retailers are developing digital advertising arms and profiling customers, aiming to become ad venues for large brands Techmeme · 6 hours ago
A look at the crypto real estate market, as a growing pool of investors seek safer assets, and its challenges, such as money laundering and gyrating valuations Techmeme · 3 months ago
Apple plans to nearly double its ad platform team, currently around 250 strong, per LinkedIn; Apple's career page lists 216 such roles, up from 56 in late 2020 Techmeme · 3 months ago
A look at India's $10B incentive scheme for chip makers, as some experts warn about its lack of hardware expertise and erratic transport and public utilities Techmeme · 3 months ago
Counterpoint: iPhone active installed base overtook Android to gain 50%+ share of the US smartphone market in Q2, up from 35% in 2019 and the highest since 2007 Techmeme · 3 months ago
Sources: SEC probe into JPMorgan for letting staff use WhatsApp and other unapproved channels for business spreads to other banks, which may pay $1B+ in fines Techmeme · 3 months ago
Sources: Tencent plans to divest $14.5B of its $88B listed equity portfolio in 2022 to help reduce pressure from investors and China's anti-monopoly regulator Techmeme · 3 months ago
Rakuten founder Hiroshi Mikitani, whose mobile business is bleeding cash, defends his reputation with investors ahead of a planned IPO of Rakuten's online bank Techmeme · 3 months ago
Ampere: Apple TV+, Amazon Prime, Disney+, HBO Max, and Netflix will spend $23B+ in 2023 on original content, up 10% YoY and more than twice the spending of 2019 Techmeme · 3 months ago
Equinix and Digital Realty, the world's two biggest data center operators, are stockpiling diesel for back-up power in case of winter blackouts across Europe Techmeme · 3 months ago
JPMorgan: Tether, Circle, and other stablecoin issuers now hold $80b of short-term US government debt, accounting for 2% of the Treasury bills market as of May Techmeme · 3 months ago
Match Group COO and CFO Gary Swidler says sign-ups on Tinder "have not returned back to pre-pandemic levels" and "new users remain a challenge" Techmeme · 3 months ago
Swedish gaming group Embracer Group reports Q1 sales rose 107% YoY to ~$681M and announces six acquisitions, including IP for The Lord of the Rings and Hobbit Techmeme · 3 months ago
After booming demand during the pandemic and a rapid inventory build-up in 2022, Intel, Nvidia, SMIC, and TSMC face a sudden downturn, perplexing analysts Techmeme · 3 months ago
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV Techmeme · 3 months ago
China's SMIC producing 7nm chips is a breakthrough but experts suggest yields are low due to lacking EUV; SMIC must now decide if it wants to mass produce 7nm Techmeme · 3 months ago
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses Techmeme · 3 months ago
Amazon has accused the FTC of harassing its top executives, including Jeff Bezos and Andy Jassy, as part of its probe into Prime membership scheme Techmeme · 3 months ago
Filing: Elliott Management sold all of its 10M shares in Twitter in Q2 amid Musk's takeover bid; the hedge fund had no common stock in Twitter as of June 30 Techmeme · 3 months ago
A look at the UK's beleaguered semiconductor industry, which has withered since the 1980s, and efforts to revive domestic production amid a global supply crunch Techmeme · 3 months ago
Big investment firms, including Abrdn, BlackRock, and Charles Schwab, are embracing digital assets despite the crypto crash, as consumer groups raise concerns Techmeme · 3 months ago
A look at livestreamed e-commerce, already mature and established in China, which TikTok, YouTube, Meta, Amazon, and others want to bring to the US and Europe Techmeme · 4 months ago
Sources: Taiwan's national security officials want Foxconn to unwind its $800M stake in Chinese chip company Tsinghua Unigroup, which was announced last month Techmeme · 4 months ago
Sources: Didi fears further retribution and sanctions by Chinese regulators; its app remains unavailable two weeks after CAC's fine was expected to lift the ban Techmeme · 4 months ago
Interviews with 15 current and former female Apple staff reveal apathy or retaliation in seven departments across six US states in the face of misconduct claims Techmeme · 4 months ago
SoftBank raised $22B in cash from deals that would sharply reduce its stake in Alibaba in the future; SoftBank holds a 23.9% stake in Alibaba as of mid-July Techmeme · 4 months ago
In a U-turn, the UK's CMA provisionally agrees to NortonLifeLock's $8B merger with Avast, citing "significant competition" from McAfee and more; Avast jumps 43% Techmeme · 4 months ago
Sources: Samsung and SK Hynix rethink their exposure to China following the US Chips and Science Act, which contains qualified "guardrails" against China Techmeme · 4 months ago
Sources: Adam Mosseri to temporarily relocate to London, building out Instagram's presence in London by hiring more staff at Meta's King's Cross offices Techmeme · 4 months ago
A look at Samsung's mounting semiconductor problems: reportedly losing Qualcomm and Nvidia's business to TSMC, Galaxy S22 lagging iPhone 13's chips, and more Techmeme · 4 months ago
The Chips and Science Act is unlikely to fund all giant projects in the US, meaning the Department of Commerce will face difficult choices in who gets the money Techmeme · 4 months ago
France-based Cegid is merging with Spanish rival Grupo Primavera in a €6.8B all-share deal; the combined company will sell specialized software to digitize SMBs Techmeme · 4 months ago
US CFPB Director Rohit Chopra says the agency should "take a very careful look" at Big Tech entering the buy now, pay later space, after Apple's BNPL debut Techmeme · 4 months ago
Lawyers in the Celsius bankruptcy are examining Tether recovering an $840M USDT loan, highlighting an uncertain area of bankruptcy law for crypto companies Techmeme · 4 months ago
Report: Chinese authorities have detained Zhao Weiguo, former chairman and major shareholder of the heavily indebted state-backed chipmaker Tsinghua Unigroup Techmeme · 4 months ago
Meta closed down 7.59% and Alphabet closed down 5.63% on Friday, as Snap's and Twitter's weak earnings, inflation, and interest rates lead to online ad worries Techmeme · 4 months ago
Snap plans to "substantially reduce" hiring, authorizes a stock repurchase program of up to $500M, and locks in CEO and CTO roles until at least January 1, 2027 Techmeme · 4 months ago
Meta, Apple, Microsoft, Google, Twitter, and others register for a license in Indonesia under which they might have to censor content and hand over users' data Techmeme · 4 months ago
Sources: Sequoia China raised a $9B fund, as others struggled, by realigning its investment themes with China's "politically correct" sectors like chips and AI Techmeme · 4 months ago
Sources: SoftBank halts plans for a London IPO for Arm amid political turmoil; Boris Johnson had lobbied Masayoshi Son for at least a partial IPO on the LSE Techmeme · 4 months ago
Analysis: the cumulative market cap of recently listed fintechs in the US had fallen $156B in 2022 through July 15, with shares falling an average of over 50% Techmeme · 4 months ago
Chinese grocery delivery firm Missfresh, which had raised $1B+ in VC funding from Tiger, Goldman, others, falls in market cap on Nasdaq from $3B in 2021 to $88M Techmeme · 4 months ago
India escalates its crackdown on Oppo, Vivo, and Xiaomi, which control ~60% of its smartphone market, with claims of tax evasion and unlawful remittances Techmeme · 4 months ago
Experts say archiving content from TikTok is challenging and urge the platform to preserve and provide access to content for war crime investigations in Ukraine Techmeme · 4 months ago
Celsius CEO said in a court filing that his company was owed $439M by a "private lending platform" that sources say is specialist finance company EquitiesFirst Techmeme · 4 months ago
Former staff and internal documents detail Celsius' implosion; its own compliance unit warned of poor oversight and misrepresentation of financial information Techmeme · 5 months ago
Sources: Snap is exploring plans to let NFT artists showcase their designs as augmented reality filters on Snapchat; the test will start at the end of August Techmeme · 5 months ago
Klarna confirms it raised $800M at a $6.7B valuation, down from $46B in June 2021 Techmeme · 5 months ago
How the Conti ransomware group, whose attacks crippled Costa Rica's digital infrastructure for months, fell apart after it was betrayed by one of its insiders Techmeme · 5 months ago