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Analysis: SMIC's gross margins halved in H1 2023 as the company poured $345M, or its 11.4% of revenue, into R&D; SMIC reported $111M in state grants in H1 2022 (Katrina Hamlin/Reuters) 19-09-2023

Katrina Hamlin / Reuters: Analysis: SMIC’s gross margins halved in H1 2023 as the company poured $345M, or its 11.4% of revenue, into R&D; SMIC reported $111M in state grants in H1 2022  —  Huawei’s new phone demonstrates China can produce cutting-edge hardware despite U.S. restrictions. Lees verder op Tech Meme

Filing: Alyssa Henry, the CEO of Block's Square unit, plans to step down on October 2 after nine years at the company; Jack Dorsey will become the “Square Head” (Catherine Thorbecke/CNN) 19-09-2023

Catherine Thorbecke / CNN: Filing: Alyssa Henry, the CEO of Block’s Square unit, plans to step down on October 2 after nine years at the company; Jack Dorsey will become the “Square Head”  —  Alyssa Henry, the CEO of Square – a unit of Jack Dorsey’s fintech company, Block – will leave her post at the company next month. Lees verder op Tech Meme

Trend Micro: Chinese cyberespionage group Earth Lusca used a new Linux malware dubbed SprySOCKS to target government agencies in multiple countries in H1 2023 (Bill Toulas/BleepingComputer) 19-09-2023

Bill Toulas / BleepingComputer: Trend Micro: Chinese cyberespionage group Earth Lusca used a new Linux malware dubbed SprySOCKS to target government agencies in multiple countries in H1 2023  —  A Chinese espionage-focused hacker tracked as ‘Earth Lusca’ was observed targeting government agencies in multiple countries, using a new Linux backdoor dubbed ‘SprySOCKS.’ Lees verder op Tech Meme

FTC v. Microsoft: in mid-2020, Phil Spencer discussed acquiring Warner Bros Interactive alongside Bethesda and said buying Nintendo would be a “career moment” (Push Square) 19-09-2023

Push Square: FTC v. Microsoft: in mid-2020, Phil Spencer discussed acquiring Warner Bros Interactive alongside Bethesda and said buying Nintendo would be a “career moment”  —  “It’d be a good move for both companies”  —  A genuinely dystopian email sent by Xbox chief Phil Spencer … Lees verder op Tech Meme

Governor Katie Hobbs says TSMC and Arizona authorities are talking about adding advanced chip packaging capacity to the chipmaker's plants in the state (Bloomberg) 19-09-2023

Bloomberg: Governor Katie Hobbs says TSMC and Arizona authorities are talking about adding advanced chip packaging capacity to the chipmaker’s plants in the state  —  Hobbs is part of a broader US delegation visiting the island, with discussions among officials and companies focused on Taiwan’s key role in the semiconductor supply chain. Lees verder op Tech Meme

On a livestream, Elon Musk says X is “moving to having a small monthly payment for use of the X system”, as it's “the only way to combat vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Elon Musk says X is “moving to having a small monthly payment for use of the X system”, as it’s “the only way to combat vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke in a livestream … Lees verder op Tech Meme

On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it's the “only way” to combat the “vast armies of bots” (Lora Kolodny/CNBC) 18-09-2023

Lora Kolodny / CNBC: On a livestream, Musk says X is “moving to having a small monthly payment for use of the X system”, as it’s the “only way” to combat the “vast armies of bots”  —  – Tesla, SpaceX and X Corp. leader Elon Musk and Israeli Prime Minister Benjamin Netanyahu spoke … Lees verder op Tech Meme

Filing: FTX sues SBF's parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds” (Amitoj Singh/CoinDesk) 19-09-2023

Amitoj Singh / CoinDesk: Filing: FTX sues SBF’s parents, Joseph Bankman and Barbara Fried, to “recover millions of dollars in fraudulently transferred and misappropriated funds”  —  The filing, redacted in parts, asks the court to award the FTX estate damages, the return of any property given or payment made to the parents. Lees verder op Tech Meme

The New York DFS revamps its virtual currency oversight regime and removes two dozen tokens from its “greenlist”, including Ripple, Dogecoin, and Litecoin (Leo Schwartz/Fortune) 19-09-2023

Leo Schwartz / Fortune: The New York DFS revamps its virtual currency oversight regime and removes two dozen tokens from its “greenlist”, including Ripple, Dogecoin, and Litecoin  —  On Monday, the New York Department of Financial Services announced an update to its virtual currency oversight regime … Lees verder op Tech Meme

Blockchain Capital raised a total of $580M for two separate VC funds and says the focus of the new funds will be on sectors including DeFi and blockchain gaming (Jacquelyn Melinek/TechCrunch) 19-09-2023

Jacquelyn Melinek / TechCrunch: Blockchain Capital raised a total of $580M for two separate VC funds and says the focus of the new funds will be on sectors including DeFi and blockchain gaming  —  The crypto bear market may be ongoing, but Blockchain Capital is still going big.  It closed two new funds for a total of $580 million … Lees verder op Tech Meme