Journals

Ben Blanchard / Reuters: TSMC plans to build a second Japanese plant in Kumamoto, set to open in 2027, taking its investment to $20B+; the first plant will hit volume production in Q4  —  Taiwanese chipmaker TSMC (2330.TW) said on… Read More »TSMC plans to build a second Japanese plant in Kumamoto, set to open in 2027, taking its investment to $20B+; the first plant will hit volume production in Q4 (Ben Blanchard/Reuters)

Ashley Carman / Bloomberg: Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024  —  – Spotify posts… Read More »Spotify reports Q4 revenue up 16% YoY to €3.7B, MAUs up 23% YoY to 602M, subscribers up 15% YoY to 236M, a €75M operating loss, and expects 618M MAUs in Q1 2024 (Ashley Carman/Bloomberg)

David Shepardson / Reuters: The FCC plans to stop accepting new enrollments for a US government broadband subsidy, used by 23M households, which is set to run out of funding in months  —  The Federal Communications Commission on Thursday will… Read More »The FCC plans to stop accepting new enrollments for a US government broadband subsidy, used by 23M households, which is set to run out of funding in months (David Shepardson/Reuters)

Ingrid Lunden / TechCrunch: Ambience Healthcare, which offers an OS to help health care organizations with admin, raised a $70M Series B led by Kleiner Perkins and OpenAI’s Startup Fund  —  Artificial intelligence has an increasing role in the world… Read More »Ambience Healthcare, which offers an OS to help health care organizations with admin, raised a $70M Series B led by Kleiner Perkins and OpenAI’s Startup Fund (Ingrid Lunden/TechCrunch)

Josh Ye / Reuters: Sources: Tencent plans to adapt acclaimed role-playing console game Elden Ring into a mobile version, after acquiring licensing rights from FromSoftware in 2022  —  China’s Tencent Holdings (0700.HK) has been working to adapt acclaimed action role-playing… Read More »Sources: Tencent plans to adapt acclaimed role-playing console game Elden Ring into a mobile version, after acquiring licensing rights from FromSoftware in 2022 (Josh Ye/Reuters)

Qianer Liu / Financial Times: Sources: SMIC plans to use its stock of US and Dutch-made equipment to build 5nm Kirin chips designed by Huawei’s HiSilicon for smartphones, despite US curbs  —  SMIC and Huawei plan to make new 5nm… Read More »Sources: SMIC plans to use its stock of US and Dutch-made equipment to build 5nm Kirin chips designed by Huawei’s HiSilicon for smartphones, despite US curbs (Qianer Liu/Financial Times)

Lauren Feiner / The Verge: Unit 42: the number of victims reported by ransomware leak sites grew 49% YoY in 2023, with ~50% in the US, despite authorities taking down some services  —  2023 was a big year for ransomware… Read More »Unit 42: the number of victims reported by ransomware leak sites grew 49% YoY in 2023, with ~50% in the US, despite authorities taking down some services (Lauren Feiner/The Verge)

Arjun Kharpal / CNBC: Nintendo reports Q3 net sales of ~$4B and net profit of ~$919M, both above estimates, expects to sell 15.5M Switch consoles in current fiscal year, up from 15M  —  – Nintendo said it now expects to… Read More »Nintendo reports Q3 net sales of ~$4B and net profit of ~$919M, both above estimates, expects to sell 15.5M Switch consoles in current fiscal year, up from 15M (Arjun Kharpal/CNBC)

Sam Nussey / Reuters: Japan plans to extend ~$1.64B worth of subsidies for Kioxia and Western Digital to expand memory chip production as merger talks between the two stalled in 2023  —  Japan’s industry ministry said on Tuesday it would… Read More »Japan plans to extend ~$1.64B worth of subsidies for Kioxia and Western Digital to expand memory chip production as merger talks between the two stalled in 2023 (Sam Nussey/Reuters)

Mike Scarcella / Reuters: A US federal judge sets the trial for the DOJ’s and multiple states’ antitrust lawsuit against Google’s ad business to begin on September 9, 2024  —  A U.S. federal judge on Monday set a Sept. 9,… Read More »A US federal judge sets the trial for the DOJ’s and multiple states’ antitrust lawsuit against Google’s ad business to begin on September 9, 2024 (Mike Scarcella/Reuters)