Tech Meme

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday. Lees verder op Tech Meme

Ashley Carman / Bloomberg: Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA fell as much as 13% in New York trading after the audio streaming giant reported sales that came … Lees verder op Tech Meme

Max A. Cherney / Reuters: SIA and Oxford Economics: despite the US chip industry workforce growing to 460K by 2030, up from ~345K in 2023, there will still be a ~67K worker shortfall  —  The U.S. semiconductor industry faces a shortfall of roughly 67,000 workers by 2030, according to an industry association study published on Tuesday. Lees verder op Tech Meme

Elissa Miolene / Mercury News: At schools across California, some Chromebook models are about to age out of software updates; 13 models hit their death date this summer and 51 will in 2024  —  At a lofty warehouse in East Oakland, a dozen students have spent their summer days tinkering with laptops. Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday. Lees verder op Tech Meme

Ashley Carman / Bloomberg: Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA, the Swedish audio streaming platform, beat analyst expectations in its second-quarter results … Lees verder op Tech Meme

Jillian Deutsch / Bloomberg: The EU enacts the €43B Chips Act, part of ambitious plans to produce 20% of the world’s chips by 2030, after final approval from ministers  —  The European Union’s plan to bolster domestic semiconductor production will become law after ministers completed the final approval on Tuesday. Lees verder op Tech Meme

Ashley Carman / Bloomberg: Spotify reports Q2 revenue rose 11% YoY to €3.2B, Premium subscribers grew 17% YoY to 220M, MAUs rose 27% YoY to 551M, and a €112M adjusted operating loss  —  Spotify Technology SA, the Swedish audio streaming platform, beat analyst expectations in its second-quarter results … Lees verder op Tech Meme

Financial Times: Sam Altman’s fission startup Oklo and life-extension startup Retro, alongside OpenAI and Worldcoin, may reshape society and will draw regulatory scrutiny  —  OpenAI chief says public sector has ‘lack of will’ to lead innovation  —  Sam Altman rolled out a new project to distinguish humans … Lees verder op Tech Meme

Bloomberg: FTC Chair Lina Khan defends the agency’s court record, saying “losing two is OK” and acknowledging difficulties in the Microsoft case due to “vertical mergers”  —  – FTC chair says agency has only two losses out of 13-20 filed  — Agency is appealing court ruling on largest gaming deal ever Lees verder op Tech Meme