Techmeme: Report: chipmakers are on track to spend $152B on new fabs and production equipment in 2021, up 34% YoY, which is the strongest YoY growth since 2017 (Anton Shilov/AnandTech)

Top News

YouTube TV reaches a deal with Disney to bring back 17+ channels including ABC, Disney, ESPN, Freeform, FX, and National Geographic — After one day of being dark, YouTube TV and Disney have reached a deal which will see more than 17 Disney-owned channels, including local ABC affiliates, Disney Channel, and ESPN return to the service.

Anton Shilov / AnandTech:

Report: chipmakers are on track to spend $152B on new fabs and production equipment in 2021, up 34% YoY, which is the strongest YoY growth since 2017 — Semiconductor makers have drastically increased their capital expenditures (CapEx) this year in response to unprecedented demand for chips that is going to last for years.

More: Silicon Republic and IC Insights

Tweets: @sub8u, @zachweinberg, @trengriffin, and @jaycuthrell

Joel Khalili / TechRadar:

Profile of Brewster Kahle and the Internet Archive, which marked its 25th anniversary in May and stores 70PB+ of data, including 635B webpages and 34M books — Meet Brewster Kahle, the internet's chief librarian — Audio player loading... On the same day in 1996, Brewster Kahle founded …

Tweets: @lanceulanoff and @jkfruit. Thanks:@techradarpro

Ingrid Lunden / TechCrunch:

Cars 24, an India-based marketplace for used cars, raises a $400M Series G, including $100M debt and $300M equity, led by Alpha Wave Global at a $3.3B valuation — With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market.

More: The Economic Times, Benzinga, Entrackr, DealStreetAsia, Bloomberg, Livemint, and Tech in Asia

Scott Murdoch / Reuters:

Chinese AI company SenseTime, which focuses on computer vision, relaunches its $767M Hong Kong IPO, a week after the US investor ban and pulling the IPO listing — Chinese artificial intelligence start-up SenseTime Group (0020.HK) relaunched its $767 million Hong Kong IPO on Monday …

More: BBC, Agence France-Presse, Bloomberg, Tech in Asia, Financial Times, Wall Street Journal, Benzinga, South China Morning Post, and The Economic Times

Nick Statt / Protocol:

Microsoft's Phil Spencer says the success and growth of games like Minecraft show the ingredients required for the metaverse to shed its dystopian roots — When Phil Spencer thinks about the tech and gaming industries' newfound obsession with the metaverse, the Xbox chief's mind goes to Minecraft.

More: GamesIndustry.biz. Tweets: @protocol and @protocol

Mark Gurman / Bloomberg:

The case for Apple to offer a 15-inch iPad home hub is made clear by devices like the Portal and Echo Show 15, as well as Apple's ~5% smart speaker market share — I've been testing Amazon.com Inc.'s new Echo Show 15. My takeaway: It's time for Apple Inc. to get serious about the smart home and launch a giant iPad as a new hub.

More: Benzinga, BGR India, Pocketnow, PhoneArena, AppleInsider, and 9to5Mac

Tweets: @johnwilson, @mikeorren, @dan_ness, @mattbirchler, and @markgurman

Rebecca Bellan / TechCrunch:

Berlin-based Vay, which wants to launch a service in Hamburg in 2022 that uses remote operators to drive rental cars to and from users, raises a $95M Series B — Vay, a company that is trying to get self-driving car services to market faster by pursuing a teledriven approach …

More: Crunchbase News and Tech.eu. Tweets: @inafried

MacKenzie Sigalos / CNBC:

Sources estimate ~20% of the world's bitcoin miners remain in China, after moving operations underground following the country's crypto mining ban in May — - China cracked down on its domestic crypto mining industry in May, but many miners have figured out ways to continue operations and evade detection.

More: Riding The Wave. Tweets: @epro, @cnbc, and @kenziesigalos

Andy Maxwell / TorrentFreak:

Malaysia passes a bill to imprison people who facilitate access to pirate content via illegal streaming, for up to 20 years — Laws that forbid the illegal uploading and downloading of copyrighted content are common around the world but the rise of streaming has sometimes exposed gaps in legislation.

More: The Register, Engadget, Lowyat.NET, Malaysiakini, thesundaily.my, and Lexology. Tweets: @sub8u

Manish Singh / TechCrunch:

Bangalore-based Razorpay, a top payment processor in India whose products resemble Stripe's, raises a $375M Series F at a $7.5B valuation, up from $3B in April — Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India's largest fintech giants …

More: The Economic Times, Moneycontrol, Livemint, DealStreetAsia, Bloomberg, Entrackr, PYMNTS.com, and Tech in Asia

Tweets: @kunksed, @anshublog, and @saxenasagar91

Lucas Shaw / Bloomberg:

Spotify, Meta, and Netflix find Gen Z elusive in a way TikTok never has; Spotify says its Blend playlist feature is mostly used by Gen Z — Good afternoon from Puerto Rico. Hope you all are staying safe out there. Hollywood is celebrating the good news of a record-breaking weekend for the new …

More: New York Times. Tweets: @lucas_shaw and @sleepwellcap

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