Techmeme
April 8, 2024, 12:25 PM

Top News

Bloomberg:
The US awards TSMC $6.6B in grants and up to $5B in loans to build a third Arizona fab, slated to make 2nm chips by 2030, alongside TSMC's $65B+ investment  —  - World's top chipmaker to add capacity with third fab in state  — Raimondo says latest US package aimed at AI, national security
Jez Corden / Windows Central:
Emails: Xbox President Sarah Bond forms a game preservation team, and reiterates that the next Xbox should be “the biggest technical leap ever in a generation”  —  The backward compatibility program will continue to future Xbox hardware.  —  What you need to know
Sarah Perez / TechCrunch:
Spotify debuts AI Playlist in beta for its Premium users in the UK and Australia, letting Android and iOS users generate and revise playlists using text prompts  —  Spotify already found success with its popular AI DJ feature, and now the streaming music service is bringing AI to playlist creation.
Paul Sawers / TechCrunch:
Microsoft announces Microsoft AI London, a new hub for its consumer AI division led by former Inflection AI and DeepMind engineer Jordan Hoffmann  —  Microsoft has announced a new London hub for its recently unveiled consumer AI division.  It will be fronted by Jordan Hoffmann …
Orion Donovan Smith / The Spokesman-Review:
US lawmakers post a draft of the American Privacy Rights Act, which would create a data broker registry, let consumers opt out of some data collection, and more  —  WASHINGTON - Since the dawn of the internet age, tech companies have developed increasingly sophisticated ways to collect …
Vishal Chawla / The Block:
Solana grapples with network congestion issues, leading to delays in transaction processing and dropped transactions, due to spam transactions and memecoins  —  - The Solana network is facing congestion, attributed to spam transactions.  — Solana developers are working on solutions, including software patches and updates.
Forbes:
Sources and filings: Sam Altman's net worth is ~$1B, driven by investments in Reddit, Stripe, Helion, YC startups, and others, despite having no OpenAI equity  —  CEO Sam Altman famously has no equity in OpenAI, but startup bets like Reddit, Stripe and Helion have made him a billionaire anyway, a Forbes investigation found.
Reuters:
Sources: Pegatron is in advanced talks to hand over its only iPhone plant in India to the Tata Group, which would hold a 65%+ stake, a move that Apple supports  —  Pegatron (4938.TW) is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group …
TechCrunch:
Web Summit co-founder Paddy Cosgrave confirms returning as Web Summit CEO; Cosgrave resigned in October 2023 over controversial comments on the Israel-Hamas war  —  Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October …
Anthony Boadle / Reuters:
A Brazilian Supreme Court judge opens an inquiry into Elon Musk for obstruction of justice involving X, and says X faces ~$20K/day in fines for noncompliance  —  Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction …
Anthony Boadle / Reuters:

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Earlier Picks

Samantha Murphy Kelly / CNN:
More: ForbesMastodon: @stalbaum@mastodon.socialX: @wavesblog and @emollickLinkedIn: Nicolas Frank
Forums: Hacker News and Slashdot