Google’s Pichai Has No Time for an Employee Rebellion: Dave Lee
Chief Executive Officer Sundar Pichai’s recent memo to workers, sent amid the latest round of discontent at the company — this time over the company’s $1.2 billion contract (shared with Amazon.com Inc.) to provide cloud services to Israel. By Tuesday, at least 50 employees had been fired for involvement in several protests at Google’s offices.
SK Hynix Plans $15 Billion Chip Expansion to Meet AI Demand
<-bsp-bb-link state="{"bbHref":"bbg://securities/000660%20KS%20Equity","_id":"0000018f-0f88-d583-afbf-cfdcbade0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">SK Hynix Inc.-bsp-bb-link> plans to spend about $14.6 billion building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in AI development.
Universal Injunctions’ Outsize Effects May Spur Justices to Act
Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.
Temenos Names New CEO, Says Sales Hit by Short Seller Report
TikTok Ban Looms With Biden Poised to Start 270-Day Countdown
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.
Clear Customers Skipping Airport Lines Targeted in California
Clear wouldn’t be able to expand its screening services to additional airports in California under a revised bill state lawmakers advanced on Tuesday.
TikTok Ban-or-Divest Bill Set to Be Signed by Biden Into Law
The US Senate voted to ban TikTok’s ownership by Chinese parent <-bsp-bb-link state="{"bbHref":"bbg://securities/1774397D%20CH%20Equity","_id":"0000018f-0e5f-d583-afbf-cedf202a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ByteDance Ltd-bsp-bb-link>., setting the stage for a constitutional clash over whether the prohibition deprives US users of their First Amendment free speech rights.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
Google delayed its plan to phase out cookies, software that lets marketers track users, in its Chrome browser this year, pushing to 2025 a move that will ultimately transform how advertisements are targeted on websites.
Ownership of Crypto Trading Software Patent Hinges on Marketing
Financial analyst Reggie Middleton’s bid to maintain control of his cryptocurrency trading platform likely hinges on whether he marketed to investors that the platform’s patented technology was owned by Veritaseum Inc., an issue his lawyer said Tuesday “is a bit confusing.”
PRACTITIONER INSIGHTS
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