Meta’s Abandoned Shopping Cart: How Mark Zuckerberg’s Commerce Plans Went WrongView Now

Aart de Geus, chairman and co-CEO of Synopsys. Photo by Bloomberg.

Synopsys CEO Sees Downsides in Tech’s ‘Deglobalization’

By  |  March 22, 2022 10:00 AM PDT
Photo: Aart de Geus, chairman and co-CEO of Synopsys. Photo by Bloomberg.

Synopsys is one of two key American companies that dominate the global market in software for designing advanced chips. The Mountain View, Calif.–based company is a choke point that U.S. regulators turn to when they seek to cut off a country’s or company’s ability to create its own chips, as American officials did with Huawei starting in 2019 and, more recently, with Russia after its invasion of Ukraine.

All of this makes CEO Aart de Geus’ observations on the looming fragmentation of globally interdependent technology markets unusually sharp. In an interview with The Information, De Geus, a 67-year-old native of the Netherlands who was raised in Switzerland, said the swift and remarkable technological isolation of Russia was justified.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Subscriber Survey startups culture
The Information’s Return to Office Wellness Check
Art by Clark Miller
Silicon Valley’s workers are logging more hours than they were in 2020—but on the whole, they’re also happier about it. In a survey of 923 subscribers to The Information, tech executives and employees report feeling more satisfied with their working situations and healthier overall than they were at the outset of the pandemic in 2020. A majority of respondents are exercising...
Latest Briefs
 
Binance Discloses $570 Million Hack of BNB Blockchain
TSMC Reports Better-Than-Expected Revenue Despite Chip Industry’s Slowdown
Amazon Cancels Scout Delivery Robot
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Photo of Mark Zuckerberg by Bloomberg. Art by Mike Sullivan
Exclusive e-commerce amazon
Meta’s Abandoned Shopping Cart: How Mark Zuckerberg’s Commerce Plans Went Wrong
It was 2020 and Mark Zuckerberg’s focus on his latest project began to intensify. Online shopping was booming, and the CEO of Facebook—now called Meta Platforms—wanted to transform Facebook and Instagram into shopping destinations.
Creator Economy Database startups
The Buzz Over Creator Economy Dulls to a Quiet Roar
The creator economy is going through a shakeout. Tech companies focused on creators are laying off workers, shelving products and curbing perks such as cash advances for online influencers.
Matt Mazzeo. Image via YouTube
Exclusive
Coatue General Partner Matt Mazzeo Departs to Launch Fund
Matt Mazzeo, a general partner at New York-based investment firm Coatue Management since 2018, has left to start his own investment fund, according to two people with direct knowledge of the matter.
John Curtius. Art by Mike Sullivan.
venture capital
Tiger Global’s Tech Portfolio in Limbo as Key Partner Curtius Exits
John Curtius over the last two years became synonymous with the most disruptive force in venture capital—Tiger Global Management.
Photo Sampei Omichi. Art by Clark Miller
My Life's Work culture
The Founder Who Escaped Deportation by Building a Business in 60 Days
It was early 2021 when Sampei Omichi’s deportation countdown started: He had 60 days left on his student visa before he would have to leave the country.
Art by Clark Miller.
Market Research culture
Silicon Valley’s ‘Swag Gap’: A Colorful Rival Comes for Patagonia’s Abdicated Throne
Earlier this month, Peter Coats was milling about a block party in San Francisco’s Glen Park neighborhood wearing one of his most discussed articles of clothing: a Cotopaxi windbreaker with army green and blue colorblocking across the chest and a barely visible Google logo on the sleeve.