Bloomberg: Sources: TSMC plans to build a manufacturing plant in the Japanese prefecture of Kumamoto, its third in the country, to develop advanced 3nm chips — – The facility could cost about $20 billion, depending on timing — Japan could become a global chipmaking hub aided by state fund Lees verder op Tech Meme
Financial Times: Filings: Tether deposited $1B+ with Britannia Financial, founded by a Tory donor later charged by the US with bribery, a rare look at its banking relationships — Funds from the world’s largest stablecoin issuer are at the centre of a High Court battle — Tether deposited more than $1bn … Lees verder op Tech Meme
Malathi Nayak / Bloomberg: Epic v. Google: Tim Sweeney says Android is a “fake open platform”; under cross-examination, Sweeney admitted to paying a 30% cut to Sony, Xbox, and Nintendo — – Fortnite maker’s CEO testifies at high-stakes antitrust trial — Google has denied abusing power in app distribution market Lees verder op Tech Meme
Sam Tobin / Reuters: The UK Supreme Court says Deliveroo riders aren’t entitled to collective bargaining, rejecting a claim by the IWGB, which has lodged multiple appeals since 2017 — Food delivery firm Deliveroo’s (ROO.L) riders cannot be represented by a trade union for the purposes of collective bargaining … Lees verder op Tech Meme
Zheping Huang / Bloomberg: Baidu reports Q3 revenue up 6% YoY to ~$4.8B and a ~$940M net income, both above est., as its new AI tools shield the company from China’s economic downturn — Baidu Inc.’s results beat estimates after China’s internet search leader expanded into new businesses such as AI to shield itself from an economic downturn. Lees verder op Tech Meme
James Pero / Inverse: An interview with Carl Pei and lead designers at Nothing, which marked its third anniversary in October, on the design process, US’ smartphone market, and more — Carl Pei is bored. — On the surface, that sounds like a bad thing for a self-appointed visionary to be … Lees verder op Tech Meme
Romain Dillet / TechCrunch: Lyon-based Indy, which offers freelancers an all-in-one platform for accounting, business creation, and more, raised a €40M Series C led by BlackFin Capital — French startup Indy has recently closed a new funding round of $44 million (€40 million) with BlackFin Capital Partners leading the round. Lees verder op Tech Meme
Gavin Bonshor / AnandTech: AMD Ryzen Threadripper 7000 series review: vastly superior to the 3000 series, and the 7980X is better and cheaper than Intel’s Sapphire Rapids Xeon W9-3495X — AMD’s Ryzen Threadripper 7000 processors mark the latest additions to the high-end desktop (HEDT) market, a segment AMD wants to bring back to the mainstream. Lees verder op Tech Meme
Romain Dillet / TechCrunch: Lyon-based Indy, which offers freelancers an all-in-one platform for accounting, business creation, and more, raised a €40M Series C led by BlackFin Capital — French startup Indy has recently closed a new funding round of $44 million (€40 million) with BlackFin Capital Partners leading the round. Lees verder op Tech Meme
Adi Robertson / The Verge: Texas’ AG, “troubled” by Elon Musk’s claims, probes Media Matters, which calls X’s suit “frivolous”; X avoids anti-SLAPP statutes by filing in the 5th Circuit — X, formerly Twitter, has followed through with owner Elon Musk’s threat to sue the left-leaning nonprofit Media Matters. Lees verder op Tech Meme