Tech Meme

Jane Lanhee Lee / Bloomberg: TSMC has begun building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC’s site  —  The world’s most advanced chipmaker announced the third phase of its US expansion the same day Commerce Secretary Howard Lutnick … Lees verder op Tech Meme

Aryaman Gupta / Moneycontrol: Sources: NRAI, India’s largest restaurant body, pauses onboarding of members onto ONDC over the platform’s operational issues and a lack of strategic commitment  —  NRAI’s loss could turn out to be Rapido’s gain, as the mobility platform charts plans to launch food delivery. Lees verder op Tech Meme

The Cloudflare Blog: In Q1 2025, Cloudflare blocked 20.5M DDoS attacks, a 358% YoY increase, and in Q2 it blocked an attack with, by far, the most intense packet rate on record  —  Welcome to the 21st edition of the Cloudflare DDoS Threat Report.  Published quarterly, this report offers a comprehensive analysis … Lees verder op Tech Meme

Jagmeet Singh / TechCrunch: An Indian court directs the government to block Proton Mail after a local firm alleged its staff received emails containing obscene content sent via the service  —  A court in India has ordered the blocking of encrypted email provider Proton Mail across the country. Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple shuffles its global affairs division, including management of teams for Europe, India, and China, and changes Apple Music’s leadership structure  —  Apple Inc. is shuffling the management of its global affairs and music divisions in separate moves, extending a series … Lees verder op Tech Meme

Zaheer Kachwala / Reuters: Grab reports Q1 revenue up 18% YoY to $773M, vs. $762.6M est., deliveries revenue up 18% YoY to $415M, and mobility revenue of $282M, as spending remains strong  —  Grab Holdings (GRAB.O) beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefited … Lees verder op Tech Meme

Hugh Son / CNBC: SoFi plans to bring back crypto investing in 2025 after dropping it in 2023 to get a bank charter, forcing users to move to Blockchain.com or liquidate holdings  —  SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a “fundamental shift” … Lees verder op Tech Meme

Reuters: Samsung reports Q1 revenue up 10% YoY to ~$55.4B, operating profit up 1.2% YoY to ~$4.68B, and chip division operating profit down 42% YoY to ~$770M  —  Samsung Electronics (005930.KS) reported on Wednesday a small rise in first-quarter operating profit as customers concerned about U.S. tariffs rushed … Lees verder op Tech Meme

Michael Kan / PCMag: Intel’s next chip node, 14A, is set for a 2027 release, will feature “Turbo Cells”, and allegedly has 15%-20% better performance-per-watt over the 18A process  —  The company previews the new chip node as Intel’s foundry business tries to take on TSMC and recruit more tech companies as clients. Lees verder op Tech Meme

CNBC: Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., and does not offer Q2 guidance, citing macroeconomic uncertainties; SNAP drops 14%+ after hours  —  Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand. Lees verder op Tech Meme