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The EU fines Meta €1.2B over sending European user data to the US, a record GDPR fine, and orders Meta to stop transfers and delete the data within six months (Sam Schechner/Wall Street Journal) 22-05-2023

Sam Schechner / Wall Street Journal: The EU fines Meta €1.2B over sending European user data to the US, a record GDPR fine, and orders Meta to stop transfers and delete the data within six months  —  Decision places pressure on Washington to implement surveillance changes for Europe to allow Meta to keep the data spigot open Lees verder op Tech Meme

Experts say a ban on “forever chemicals”, considered toxic for humans and the environment, could derail the EU's chip plans as there are no safe alternatives (Financial Times) 22-05-2023

Financial Times: Experts say a ban on “forever chemicals”, considered toxic for humans and the environment, could derail the EU’s chip plans as there are no safe alternatives  —  When Mark Newman walked into the lobby of a Tokyo hotel for a customer conference late last year … Lees verder op Tech Meme

An overview of the executive team behind Apple's mixed reality headset, including group leader Mike Rockwell, COO Jeff Williams, Rockwell's boss Dan Riccio (Mark Gurman/Bloomberg) 21-05-2023

Mark Gurman / Bloomberg: An overview of the executive team behind Apple’s mixed reality headset, including group leader Mike Rockwell, COO Jeff Williams, Rockwell’s boss Dan Riccio  —  Apple is just a few weeks away from debuting its mixed-reality headset.  This past week, I gave an in-depth look at the device’s development and features. Lees verder op Tech Meme

A researcher says crypto mixer Tornado Cash was taken over by hackers on May 20, who used a malicious governance proposal to give themselves a majority of votes (Sidhartha Shukla/Bloomberg) 22-05-2023

Sidhartha Shukla / Bloomberg: A researcher says crypto mixer Tornado Cash was taken over by hackers on May 20, who used a malicious governance proposal to give themselves a majority of votes  —  Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through a malicious governance proposal. Lees verder op Tech Meme

Analysts expect a Q2 sales decline at seven out of the top nine chip equipment makers, including Applied Materials and Lam Research, as memory demand slumps (Kentaro Tsutsumi/Nikkei Asia) 22-05-2023

Kentaro Tsutsumi / Nikkei Asia: Analysts expect a Q2 sales decline at seven out of the top nine chip equipment makers, including Applied Materials and Lam Research, as memory demand slumps  —  Stock prices on rise as investors factor in anticipated recovery, demand from AI  —  Demand for wafer fabrication equipment has been lackluster. Lees verder op Tech Meme

Wistron plans to sell its iPhone assembly unit near Bengaluru to Tata Group and exit India due to an inability to get deeper into Apple's supply chain and more (Subhrojit Mallick/The Economic Times) 22-05-2023

Subhrojit Mallick / The Economic Times: Wistron plans to sell its iPhone assembly unit near Bengaluru to Tata Group and exit India due to an inability to get deeper into Apple’s supply chain and more  —  The contract maker’s inability to get deeper into Apple’s supply chain, sale of China factory and challenges posed by local employment norms spurred its decision to leave. Lees verder op Tech Meme

Berlin-based Patient21, which provides software for managing patients and clinics, raised a €100M Series C in equity and debt led by Pitango (Paul Sawers/TechCrunch) 22-05-2023

Paul Sawers / TechCrunch: Berlin-based Patient21, which provides software for managing patients and clinics, raised a €100M Series C in equity and debt led by Pitango  —  Patient21, a four-year-old German startup that combines a digital healthcare platform with real-world brick-and-mortar clinics … Lees verder op Tech Meme