The British government forces Meta to sell Giphy
A first for the ever growing tech giant
Industry
The business side of tech. Developments, legal face-offs, acquisitions, and technology trends.
Court documents allege Google cultivated privacy misconceptions of Chrome's Incognito mode
As of 2018, 56.3 percent of respondents think Incognito prevents Google from seeing their search history
Comcast is boosting speeds for most of its Xfinity Internet customers
Up to 200 Mbps faster for some
Microsoft lays off under 1,000 employees across multiple divisions
The faltering economy prompted Microsoft's "structural adjustments"
Datacenter fire temporarily cripples South Korean web giants, sparking monopoly concerns
One fire stopped important services for 90 percent of South Koreans
Chip delivery times see biggest decline in years as shortages alleviate
Oversupply is a bigger problem these days
Kanye West to buy "free-speech" platform Parler
West recently had his Instagram and Twitter accounts restricted over antisemitic posts
Russia made some amazing 48-core Arm SoCs before the sanctions started
About as fast as modern Ryzen CPUs
Taiwan says destroying TSMC in the event of a Chinese invasion is unnecessary
"Even if China got a hold of the golden hen, it won't be able to lay golden eggs"
In context: Once again, rising tensions between China and the US have put the spotlight on Taiwan and what would happen to TSMC, which manufactures more than half the world's semiconductors, in the event of an invasion. One proposal is to destroy the company's facilities, but the island's security chief said such a move is unnecessary.
Analysts estimate SSD prices will drop 50 percent by mid-2023
Something to look forward to: As SSD and NAND prices gradually decline, analysts now believe the price drops have no end in sight. The latest projections show that next year, consumers may be able to add 2TB worth of SSD storage to their PC for less than $100.
China semiconductor production experienced its largest-ever decline in August
US restrictions played a part
PC makers continue to struggle with declining shipments
Shipments are still above pre-pandemic levels
"End Live Piracy Now" campaign demands swift action against illegal streaming in Europe
A hot potato: End Live Piracy Now is a new initiative against unlicensed streaming of live sports and events. More than 100 organizations want the EU to "end piracy" for good, with new laws that would shut pirate servers off even before a live show comes to an end. Which is easier said than done.
Elon Musk China/Taiwan peace plan praised by Beijing
Just after Tesla sales in China hit a monthly record
The first exascale supercomputer has a hardware failure every day
It's still on schedule to start work in January
Samsung shares 1,000-layer V-NAND and GDDR7 plans during annual tech conference
Samsung has produced a trillion gigabytes of memory over 40+ years
Amazon halts Scout delivery robot field testing, will reassign employees to other projects
You win some, you lose some
Elon Musk request to delay Twitter trial granted, but purchase must complete by October 28
Twitter said Musk's request is "an invitation to further mischief and delay"
Expect SSD and RAM prices to rise as memory manufacturers slash production
You might want to upgrade sooner rather than later
From PCs to cars: Nvidia, Qualcomm and Intel race to automotive semis
The influence that semiconductors and tech continue to have on traditional industries
Bankrupt crypto lender Celsius loses another exec as scrutiny over CEO intensifies
Co-founder Daniel Leon has followed CEO Alex Mashinsky out the door
In context: The bad news isn't alleviating for bankrupt crypto lending platform Celsius. A week after CEO Alex Mashinsky resigned from the company, cofounder S. Daniel Leon has now quit as chief strategy officer. Mashinsky is also dealing with revelations that he withdrew $10 million from the lender weeks before it froze customer accounts.
Elon Musk agrees to proceed with Twitter acquisition at original price
In a nutshell: Elon Musk seems to have changed his mind again and will buy Twitter after all for the originally agreed-upon amount. He will end up paying $54.20 per share, with the entire deal being worth around $44 billion.
CEO Tim Cook reveals the four traits Apple looks for in potential employees
Would you make the cut?
Micron is spending up to $100 billion to build a megafab in New York
Federal incentives persuaded Micron to build in the US